wheat day trading tips
Day trading wheat. Learn how to day trade wheat.
One of the other markets we trade is wheat. Wheat day traders have it kind of easy compared to the other markets. Opens at 10:30 and done by 2:00.
Some of my favorite high volatility trades are in wheat. Wheat traders can move the market $30 to $40 in minutes. Not for he faint of heart.
Volume is a key factor in trading wheat and news can create a lot of volatility. Sharpen your skills over time in this market.
Support is coming in at $808 and looking to retest these highs on the AM break out.
We have a protective stop in at 814 and watching the consolidation from 815-817 for direction.
Wheat trading is very risky, always use a stop and watch your position because some times stops are not honored and you have to re-order.
Will put up chart tomorrow am pre market. Join us.