11 January 2011

Grains : Initiated Longs

  • Recent downtic in grains assumed to be correction of the longer term uptrends.
  • Just put on feeler trades : Long 1 lot each of CH1, SH1 and WH1 @ 608.5, 1383 and 769.5 respectively.
  • Positions will not be reflected on table on RHS of blog until I build up any of them to a more substantial size.
  • Find it difficult to keep track of whats going on without some actual cash at risk. Hence the feeler trades.
  •  Buy stop-in's placed for new highs.

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