WHEAT - D - LONG
Updated
Reason for long : I'm pulling the trigger a bit fast on this one, as we don't have yet confirmation of end of consolidation on weekly TF. However, as I'm embarassed to miss the natgas rally (this is one of my favorite asset and I have waited weeks for this to finally miss it because of external factors). I believe raw materials are in for a good year in 2018 as cyclical this market can get. I'm not too much into GOLD/SILVER right now and wait for correction. But WHEAT is also tanking a lot since weeks and altough we made some pips weeks ago on false breakout, this was not convincing.
This time may be the same... or not.
Trade with your own diligence.
This time may be the same... or not.
Trade with your own diligence.
Note
20%@TP1. Seems a valid breakout, the point is to see TP without a pullback, then we can settle a bit.Note
30%@TP2. Great PA, should rest for a while now and get back top uptrend.Maybe some nice adding position coming up.
Note
30%tp3 yesterday! Great trade so far.Note
Closing 15% on TP4, and letting the 5% remaining ride a bit. SL@4727.Trade closed manually
SL@4727 taken away! Anyway very nice trade. It paid to be patient with WHEAT waiting for the right time to enter.
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