May 7/09 Long Jul Wheat Swing Trade

Recommended Futures Trade:Swing Trade Long: July Wheat with CTGFutures PaintBars. This trade was forecast in CTGFutures Trade Plan for May 5, 2009. You can download our Weekly Trade Plan in PDF Format for free by clicking this link. Read more information about our swing strategy below the charts.


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In the upper chart the 20 Minute bars are configured with our T3 PaintBars while the lower data set, also 20 Minute bars are configured with CTG LT PaintBars. While the lower data is blue we buy the market as the price nears the 200 exponential moving average (Green Line). In this trade we bought whaet at 550. 50% of our position was closed out at 579 for a profit of $1,450 while the other half continues to run with stops at 561. This trade and others are forecast in CTGFutures Trade Plan for the week of May 4, 2009. Today's daily update available free for registered members. You can download the PDF File for free.