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SD/ND/FL | Not trying to be an ass....I'm just a terrible technical trader/hedger. Was I off base on reading your corn posts earlier this winter as bullish?
My opinion...charts/prices tend to "look good" after rallies and "look bad" after price breaks (eg. soybeans last Nov). For me, selling when charts look good and doing nothing when charts look bad has worked out pretty good. Also try to follow seasonals and sell pretty hard during the last spring and summer on rallies.
Disclosure: Definitely could be in a better position w/ '16 but plenty of time left
50% of new corn sold at $4.18 July '17
0% of new soybeans sold | |
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$3.48 or so on the continuous is an interesting area in corn
