The corn fund is sporting a potential bottom, after a ferocious downtrend, with strong buy volume of late.
I am long a starter here, playing for further upside.
It is nice to see corn trading independently of the market today.
What are you trading today?
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$CORN, $JO, $SGG and $PAAS
Good man
Looking great Chess!
Not sure if you saw my response on your previous post.
Here is a link that describes what happens when VIX futures are in backwardation.
http://seekingalpha.com/article/769481-so-you-want-to-trade-volatility-understanding-backwardation
Good point, thank you.
Thanks. Now back to my original question. I am going to need to identify a top in VXX down the line. Missing the top will have devastating consequences. I have seen you scalp 3X ETF’s successfully, and I believe whatever method you use to determine tops will work on a daily/weekly timeframe as opposed to an intraday timeframe.
Could you share your methodology?
Thanks
corn Is my hideout