CORNUSD : LONG

The support and resistance levels are pivot bands and adaptive. Updates will be made about the idea.
You can use supports for profit realization and resistances for stoploss according to your leverage and risk .
NOTE: My ideas made only as a result of some predictions, do not agree completely. Just consider it as an idea between your opinions.

Comentarios:

"Even with the rains and cooler temperatures going into the weekend. We also have blizzards in Canada and the Plains and Rockies will be in the 20’s and if that cold front moves into the mid-west, yes we will have a frost. Let’s see what Export Sales will show us this morning. Hopefully, we will be getting more good news with the U.S-China trade talks." - Dan Flynn - Investing

Operación activa:

"On the corn front, we expect weather to drastically change Friday night and into the weekend. This might be the knockout punch, as the crop is already in bad shape and I cannot fathom why prices are where they are at. In the overnight electronic session the December Corn is currently trading at 386, which is 1 cent lower. The trading range has been 388 ½ to 386." - Dan Flynn

Comentarios:

Operación activa:

We got a bargain.
Our profitability is good.
As our gradual sales level, 3.999 points are good.
We're making money from the bull trend right now.
Everything is positive.
On Friday we did well not to sell at a very high drop.
I'm going to check the USDA reports and the agricultural bulletin.
Updates will continue.

Operación cerrada manualmente:

I closed the position.
I'll share another idea if the update happens.

Comentarios:

Net profit : % 7.8 .
3.99 is our next resistance.
Leftovers or gradual sellers should observe 3.99 point well.