Good morning traders
Wheat and other commodities are rising as direct consequence of Crude Oil shock.
While above 200 MA, consider to enter longs , I will update idea with Stop loss.
This position is part of a diversified portfolio with proven track record. You can copy my positions automatically or enter manually by following my ideas. DM if you have any question
6 Trading Rules
1. Never Add to a Losing Position: Avoid averaging down, as this increases exposure to a failing trade.
2. Don't Be the First to Buy Low/Sell High, or the Last to Exit: Avoid trying to perfectly pick tops and bottoms; wait for confirmation.
3. Think Like a Fundamentalist, Trade Like a Technician: Use fundamental analysis for the macro view, but use technicals for entry/exit execution.
4. Keep Your Analysis Simple: Avoid over-complicating charts or using too many indicators.
5. Start Small and Increase Exposure on Confirmation: Only increase risk when the trend confirms your initial analysis.
6. The Hard Trade is the Right Trade: Often, the psychologically difficult trade (e.g., cutting a loss or holding a winning trade) is the correct one to make.
Wheat and other commodities are rising as direct consequence of Crude Oil shock.
While above 200 MA, consider to enter longs , I will update idea with Stop loss.
This position is part of a diversified portfolio with proven track record. You can copy my positions automatically or enter manually by following my ideas. DM if you have any question
6 Trading Rules
1. Never Add to a Losing Position: Avoid averaging down, as this increases exposure to a failing trade.
2. Don't Be the First to Buy Low/Sell High, or the Last to Exit: Avoid trying to perfectly pick tops and bottoms; wait for confirmation.
3. Think Like a Fundamentalist, Trade Like a Technician: Use fundamental analysis for the macro view, but use technicals for entry/exit execution.
4. Keep Your Analysis Simple: Avoid over-complicating charts or using too many indicators.
5. Start Small and Increase Exposure on Confirmation: Only increase risk when the trend confirms your initial analysis.
6. The Hard Trade is the Right Trade: Often, the psychologically difficult trade (e.g., cutting a loss or holding a winning trade) is the correct one to make.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.