help me understand limit up? emergency

Discussion in 'Commodity Futures' started by angel_king, Feb 5, 2008.

  1. GOOD WORK MAN< HOPE EVERYTHING IS BETTER FR YOU. are you still doing your chart stuff? what do yuo see wheat doing? I think everything is positioning right now in CHI before the report tomm a.m.
     
    #31     Feb 7, 2008
  2. Great thanks.
    I basically swing trade the eGrains but watch the intraday for opportunities as well.
    There is so much profit in the eGrains that it is almost pathetic. I simply pick between eWheat, eSoybeans and eCorn to see which is setting up the best for intraday and then watch the longer term for eCorn, eWheat, eSoybeans, eSoyOil, eSoyMeal and eOats for swing trades.
     
    #32     Feb 7, 2008
  3. someone just put up a 1000 lot bid on march chi wheat, thereare now 19 k pooled orders, hope you guys have a couple :)
     
    #33     Feb 7, 2008
  4. are you still emailing out your chart stuff???
     
    #34     Feb 7, 2008
  5. I have a grocery sack full from 01/24 at 1215.00 in March or better with a hard stop at 1298.25. I'm looking for another test of 1373.00 in March but we will see.

    Over 23,000 pooled now as well.
     
    #35     Feb 7, 2008
  6. Im confused by your prices? it was enver that high?? MArchi Chicago 08??
     
    #36     Feb 7, 2008
  7. Sorry was distracted and looking at eSoybeans from it's limit move yesterday. I'm long beans from 01/24. I'm long eWheat from the 24th at 918.00 or better. I was long eCorn from the 25th but got stopped out today with $.02 profit.
     
    #37     Feb 7, 2008
  8. lol i wouldnt mind if it went that high!!
     
    #38     Feb 7, 2008
  9. Me either but I've learned to take it one day at a time.
    I'm done for today. eGrains closed.
     
    #39     Feb 7, 2008
  10. mnkc

    mnkc

    Anyone why the wheat is limit up for 4 consecutive days? It is very rare to see these things happen.
     
    #40     Feb 7, 2008