I’ll be tracking March 2012 Corn closely in the weeks ahead, based on the prospect of increased demand from China as discussed in the chat room. Although camouflage entry will generally be the preferred entry strategy, especially until we find the range and rhythm of this vehicle, I’ll use conventional tactics at times so that relative novices can participate. For now, though, I’ll suggest using the 15-minute chart or less to buy four contracts using ‘camo’ at the 739.25 ‘d’ target of the following retracement pattern on the 60m chart: a=787.00 (8/31); b=749.75 (9/1); c=776.50 (9/2).
