Wheat - ZW | Long Idea

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Wheat Cash Contract (PEPPERSTONE:WHEAT)

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PEPPERSTONE:WHEAT Wheat Cash Contract

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Here I lay out my trade idea for Wheat.
Given Global Macro events, technical patterns and indicators, I see a long here.

3:1 RR
1% Risked.

Let's see where this goes!

Komen:

Just today; talks of continuing Grain aka Wheat exports... should relax wheat pricing a bit, this still does not 'fix' the Macro view of Wheat, we will see.

Komen:

Never like hearing negative news to make a trade pop, but this one will be opening pre-market 5% up. I assume the trend continues.

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.

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