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March Corn Kicker??

 
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JimSpeer



Joined: 03 Dec 2004
Posts: 136
Location: Milwaukee WI

PostPosted: Mon Dec 13, 2004 12:24 pm    Post subject: March Corn Kicker?? Reply with quote

Are any of the commodity traders considering March Corn (CH05)? This morning the price reversed via kicker pattern. The STOCHs are below 10. I am thinking of going LONG at the CLOSE.

Any thoughts, comments?
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JimSpeer



Joined: 03 Dec 2004
Posts: 136
Location: Milwaukee WI

PostPosted: Tue Dec 14, 2004 3:14 pm    Post subject: Long March Corn @ 205 Reply with quote

Yesterday the kicker pattern appeared (neither candle was very long). However, since the STO's were under 10, I went LONG at the CLOSE. I will look for patterns that give me further direction. Today Corn closed at 206. This doesn't seem to be a strong commitment or follow through to the kicker. Patience.

Jim
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