Long
TRADE ENTRY: Short term swing on Lumber.
I am long 1 contract, roughly $41000 in exposure.
1) I am not exactly a large trader.
2) This market is volatile.
3) This market isn't liquid.
That being said. A swing back to test $400 and after some time, $450.
We are still at historically high prices for this market but on a YTD relative basis, we should find short term support.
We called the top accurately earlier this year, May 31st 2018.
See the related idea.
1) I am not exactly a large trader.
2) This market is volatile.
3) This market isn't liquid.
That being said. A swing back to test $400 and after some time, $450.
We are still at historically high prices for this market but on a YTD relative basis, we should find short term support.
We called the top accurately earlier this year, May 31st 2018.
See the related idea.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.