December Wheat trend shift « RT Swing Trader Blog

20Oct/090

December Wheat trend shift

December Wheat â€“ Bullish swing pattern has formed on the descending median line and above the 20- day MA. A trade above $5.29 will confirm the pattern and trigger a buy signal. â€“ Buy Wheat at $5.29 Â¾ stop with the stop loss at $4.96.

December Wheat

Tagged as: Futures, Grains, market timing, market timing reversal, swing trade strategy TR, swing trading strategies, Swing trading strategy Leave a comment

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Lightword Theme by Andrei Luca Go to top ↑ **THE RISK OF LOSS IN TRADING CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER-COMPENSATED FOR THE IMPACT IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES.