Trade Alerts

Editors Note: This trade ended being up a decent winner, hitting 365 within 2 weeks and never going higher than what you see here.

Subject Trade Alert
Date Wed, 14 Oct 2009 10:17:00 -0700
Linked to TJ Jolicoeur
From TJ Jolicoeur <President@optioncaddie.com>


Corn has been showing signs of slowing down. Sideways action the rest of the week is likely as the market looks for a consolidation period after the rapid run-up on freeze events. If you are looking for a good short-term trade, Short Dec Corn above 387 and use a 397 stop loss. Just look for 10-cents profit and exit.
 

 

TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.  THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY.  AN INVESTOR MUST READ AND UNDERSTAND THE COMMODITY TRADING ADVISORS CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING.  PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.