Visitors and Traders,
This was a chart in VIP ahead of time as you can naturally see the low in wheat as of this am early is not the $4.18 olive line. NOTICE THE TINY NUMBER 7 ON THE CHART. We always do that on the way to a value play as wheat longs are getting killed.
Strict Trader rules apply because that is how I explain repeatedly the large Macro Hedge funds that use this system you should also use play it.
Look at the bars and see if the high or low of the bar have colored indicators on them. Those are what you need to have if you trade daily in your trading arsenal. If your a trade aholic but I show other ways of approach.
I am not going into the rules and there are important algorithmic rules that swing markets in chaotic ways bt I wanted to share this immediately to see if anyone out there finds the low of the day in a “catch the falling knife” type situation.
This was similar to 3 weeks ago 12% break and 3 week rally of 6% which I have been advising are becoming more common and the only way we should trade.
If I was running your trading desk we would be out of all shorts waiting for the rules to reemerge, now!
Many great stock long term trading or investing opportunities live now.
Who follows so many markets? Wheat just traded 417 1/2 and back above 818.75. Here is a live chart. 918AM AS OF POST. WHY IS THAT IMPORTANT?
Here I show how the volume or longs blowout of their longs, sell wheat on the way to our level that if we want to buy, (every trader has different profile in my mind) and then we swan dive 4% in rapid order. Get the Nasdog Secrets in your trading algo brain now. It works everywhere. Buy that one tech stock now on this 50% break. Stop under targets unless your investing like in Murphy oil in that tattoo ing. I think this is the same and if different it is like Alibaba baba down at $61.00. That pays for VIP for years to any average investor.