Being a Trader

"The "doing" part of trading is simple. You just pick up the phone and place orders. The "being" part is a bit more subtle. It's like being an athlete. It's commitment and mission. To the committed, a world of support appears. All manner of unforeseen assistance materializes to support and propel the committed to meet grand destiny." - Ed Seykota

Wednesday, May 28, 2008

What are Grains doing?

Grains act differently within recent two months. Corn holds quite well and is consolidating in the new high area. Beans break down during March and are now also consolidating. Wheat is much "weaker" than its peers and continues to slide down after its March Breakdown.

Corn



Soybean



Wheat

Posted by Wayne Qiu at 10:47 PM

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      • Contrary Indicators
      • File the News
      • The Essentials
      • Quote of The Day
      • Some Trading Guides
      • Quote of The Day
      • What are Grains doing?
      • YG is Dangerous
      • Nation Home Prices
      • Quote of The Day
      • What is Mr. Copper doing?
      • New High and New Low
      • New Lows of Dow components
      • Quote of the Day
      • George Soros at Money
      • Market In A Euphoria Mode?
      • New High and New Low
      • Dry Bulk Shipping Stocks and Baltic Dry Index
      • Charts of Fast Movers
      • A divergence between QM and OIH

About Me

Wayne Qiu
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Please Note

The intention of inclusion of charts, trading ideas, and my trades is to share my experiences of being a trader - The appearance of them does not imply any kind of indication or recommendation to buy, sell, hold or stay out of any positions.
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