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TFC Commodity Trading Forum

Re: C o r n ***Limitup
In Response To: Re: C o r n ()

I'm not trying to grow corn, but thanks for sharing your profound wisdom. In some of my posts I have disclosed that my "trading" is base on a mathematical model. The model is as correct as the interpolated data. If the variables I choose are incorrect so it will be the model's projections, but I will not know that until the market shows me., it is there, at that moment where I have to know how to trade and manage the trade. Even if the model is correct and the trade goes my way, I still have to know how to manage the trade. Now, if you are "indirectly" implying that the trade is a bust, Ok, no problema, I'm not marry to it, change directions, that's all.
Now, about this trade. It's possible that March corn is making a 4 wave of 5 up and the target is the 1.618% fib. at 753. If it's not a wave 4 of 5 up, then my trade is still correct. Limitup, You don't know, neither do I, as a matter of fact, no body really knows, we have to wait for the market to show us the way.

Will see my friend, in due time the market will show me the way.

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