Futures Market - Wheat Highlight #1
The THRUST trading technique presented in "The $upertrader's
Reference Manual" is used to provide entry just prior to sharpest rally of the year
in CBT Wheat.
(COMMENT #s 664, 678)
UPDATED 19980908
COMMENT 1998-664
1. Now that we've experienced turns in several markets in accordance with our
expectations, we want to begin using such techniques as the THRUST trading technique
presented on pages 115-6 of "The $upertrader's Reference Manual" to enter after
retests
over the next few days.
UPDATED 19980914
COMMENT 1998-678
1. Let's turn to page 338 in "The $upertrader's Almanac - 2nd Half Edition".
2. Note the solid "black" arrow at the top of the page.
3. This arrow shows that seasonals have been particularly strong to the upside this time
of the year over each of the last 5 years.
4. To locate the specific information regarding this market, we can look at the
"Seasonals" listing on the opposite page.
5. Note trade # 106 (5th column) from 915 to 1015 (September 15 to October 15).
6. We can turn to the 38th week of the year on page 152 (this week) and see where the
pertinent seasonal information regarding this market is listed.
7. Can you also apply this same information to the two "friends" which follow in
this listing?
8. Now can you see how the "THRUST" entry technique presented on pages 115-6 of
"The $upertrader's Reference Manual" provided low-risk entry into this market
today?
9. Isn't this easy?
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