Posted 5/27/2015 14:25 (#4594181 - in reply to #4592662) Subject: RE: KC Wheat Chart - A glimmer of hope?
dpilot83 - 5/26/2015 18:32
.....I have just exited the hedge because I feel it was luck rather than understanding.
This is why I put disclaimers on my posts, lol.
Wish you hadn't done that.. I assume the hedge was a risk management decision and not a trade...but it was my fault for starting a conversation I couldn't finish.
My point was we ared in the area where sellers would try to step down. The last minor swing in this pullback failed. They were the most likely to get blown. Right below that is the zoom bar that happens to create a zone where buyers will likely try and buy it which will end up being the reactin.
KC Wheat Chart - A glimmer of hope?
