Trade Summary: Wheat Spread with Profit of 2%

Buy ZWH17 – ZWZ17: long March 2017 Wheat and short December 2017 Wheat.

January 26: bought 1 ct at price -59 based on the breaking the resistance and 1-2-3 pattern. The seasonality just started. Risk per trade 1,5 %. Initial SL = -65, PT = -51.

February 3: bought another contract at price -56.5, PT = -46. SL for both contracts set at -62.5.

February 8: SL moved at -58.

February 10: 1 ct sold at -51 when price reached the PT with profit of 400 USD. SL for second contract moved at -56 (break even).

February 14: price hit the SL, 1 ct sold at -56.25 with profit of 12.50 USD.

(click on image to enlarge)wheat futures commodity spread trade result zwh17 zwz17

Summary

Profit/Loss Side Cont. Entry Date Entry Price Exit Date Exit Price Comm.
400,00 $ Buy 1 2017-Jan-26 -59 2017-Feb-10 -51 11.24
12,50 $ Buy 1 2017-Feb-3 -56.5 2017-Feb-14 -56.25 11.24
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