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Commodity Trading Discussion Forum

Re: Great Trading system!! no funds....

Posted By: Gian1
Date: Friday, 2 May 2008, at 3:58 p.m.

In Response To: Re: Great Trading system!! no funds.... (USCoralSea)

Yes, I was posting here over a year ago when I was trading a small account.I used my real name Gian, or Gian Lencioni

I can't for the life of me remember what the password was though.

As for Wheat, i think it will bounce a bit, untill it hits the 18 week Moving average. Once it rebounds off of that I think it's good for a longer down trend.

There might be some more down side to the current trend before that happens though. It all depends on how strong of a bear market we are in.

My weekly charts show it is just starting to enter a bear trend for the loner term. I am expecting a bounce off of the lower Bollinger band, then correcting to the 18 week Moving average for a short term up trend, before the larger bear market fully settles in. The 4 and 9 week Moving averages have not even crossed the 18 week yet.

That is what I am seeing anyway. I could be wrong, the system has not signaled an actuall confirmation at this time. It actually called a sell early this week, then an exit shortly after for some nice profits though, so it's started already. I think this will be a fun ride down.

If you want to print this message, you might have better results, and waste less paper if you print this printer friendly page.

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