Posts Tagged ‘Corn’

Made $250 in Corn

Friday, May 16th, 2008

Corn is trading below the 21EMA and is at the bottom of the bollinger band.  MACD is down steep, waiting for the right time to buy.

I always look into 1 day price action and 5 day price action to confirm the right time to buy.  Looks good when I entered Long position at 596.50 , but still nervouse and not very confident of my trade.

Luck is with me again today when I managed to sell at 601.50 giving me a gain of $250.

Ha ha ha!!