Seems that is the Time of the Shorts to get some Profits to the Valuable Wheat. I am quite dissapointed after some bad trades that had the last Time Period in some Long Positions in KCBT July 2011 Wheat. Get inside on 868 Cents per Bushel and exit with Stop Loss to 844.50 Cents per Bushel. One more negative for me is that sold my Long Spread Wheat Positions meaning: Long KCBT / Short CBOT December 2011, and Long MGEX / Short CBOT December 2011. I have remain with some very small Long Spread Wheat Positions in: Long MGEX / Short KCBT March 2012. Also, i wonder for the U.S.A Corn Situation because of the Floods in the Midwest. Also, i do not know with many details, how Canadians goes with the Weather in the Canada Spring Wheat Regions. I know that exist Wet Weather there, but i can not find until now so good Informations for Frost Conditions there. Kind Regards, George Kanellopoulos.
I believe that...news n expectations are built into the price. So i just stick to the charts. Usually thinking too much causes slow or bad decisions. If some news helps my position i thank luck.nn for opposing news i got stops in from the getgo... Gl with ur positions...if they r not working , kill them or atleast dont add. m sure u know all this. Just keep it simplE GL JP