Spread trading on ORANGE JUICE
An interesting Spread proposed by SeasonAlgo on ORANGE JUICE, to be exact: BUY OJU18 (delivery September) and SELL OJX18 (delivery November). The bullish seasonal window started on August 1 and will end on September 2. Win: 14/15 (93%).
Graphically, the chart has formed a 1-2-3 low of Ross and, after, a Ross Hook. Buying the spread if the price will rise above the RH. Stop loss below the point 1 of the formation.
The only problem: FND/LTD September 4 (very close).
Graphically, the chart has formed a 1-2-3 low of Ross and, after, a Ross Hook. Buying the spread if the price will rise above the RH. Stop loss below the point 1 of the formation.
The only problem: FND/LTD September 4 (very close).
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