On 6/26, there was a bullish opportunity for Oat Futures. It was a 3 timeframe buy opportunity. Below is the chart for the trade Setup. To keep the risk low, a pull back trade was executed with a entry at 330.02, initial stop of 319.79, and an aggressive PRESERVE mode value of 353.52. This would give us a risk of 10.23 and a min. reward of 23.50. This would be a min. of 230% profit for this trade.
The trade triggered on 6/26 and is still active today. We have reached our PRESERVE mode value so we are tightening our stop to protect our profits. The current stop if 348.66. Since we entered at 330.02, this is now a FREE trade. We have “locked” in 18.64. As the trend moves up, our stop will move up and lock in more profits.
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