An easy corn trade
Updated
Type of position: Buy
Entry point: 3.58 or below
Exit point target: 4.48 (30% profit)
Time span: 287 days
You can enter some Corn CFD or use the Teucrium Corn Fund to make a similar trade.
There is a clear pattern in the last 5 years for trading corn. We have a low around the beginning of September and we are bullish throughout most of the year until mid-late summer. The average gain as seen on the chart for the last 5 years is 30% and the average bullish time span is around 287 days.
You can use leverage or options to increase the profit potential.
Moreover, there is a high risk of crops freezing in the US which can boost the corn prices even faster:
youtube.com/watch?v=02ch3RCQXBM
Me and my clients caught the crypto bubble, the marijuana bubble, and we are preparing for the bull market in the precious metals now.
If you are risk tolerant and want to potentially make fortunes, feel free to message me to get a free trial of my fund.
For the next two months, I will be posting free trading ideas in crypto, stocks and commodities .
Entry point: 3.58 or below
Exit point target: 4.48 (30% profit)
Time span: 287 days
You can enter some Corn CFD or use the Teucrium Corn Fund to make a similar trade.
There is a clear pattern in the last 5 years for trading corn. We have a low around the beginning of September and we are bullish throughout most of the year until mid-late summer. The average gain as seen on the chart for the last 5 years is 30% and the average bullish time span is around 287 days.
You can use leverage or options to increase the profit potential.
Moreover, there is a high risk of crops freezing in the US which can boost the corn prices even faster:
youtube.com/watch?v=02ch3RCQXBM
Me and my clients caught the crypto bubble, the marijuana bubble, and we are preparing for the bull market in the precious metals now.
If you are risk tolerant and want to potentially make fortunes, feel free to message me to get a free trial of my fund.
For the next two months, I will be posting free trading ideas in crypto, stocks and commodities .
Comment
I would take some profit here, and reload if we go lower. If we continue higher, just look for other opportunities
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