Trading Psychology

Alan PalmerGrains, Livestock

My trade idea methods; Find short moments of time, offer vertical majority of recent range Fast moves One directional Using customizable trail stop offers lesser risk.  Stop your  chop & clean-up  your Slop. I speak as lifetime pit trader. Your farmer profile, risk accordingly. Farmers always long, biggest long gamblers I’ve  said over decade. Exp. If I said buy soybeans …

Thursday US Grain Weather Update

walshtradingWeather

AM RADAR CLICK HERE TO SEE FAST LOADING RADAR  The west to east rain/storms which dropped moderate to locally heavy rains last night are still in business this morning.  There are moderate rains over northwest Missouri and far southern Iowa which becomes light rain over central Illinois … and thunderstorms over central and southwest Ohio into western Pennsylvania. WEDNESDAY MAX TEMPS – 70s …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle opened (118.25) stronger on Thursday, July 13, 2017 and traded to the high of the day at 118.50. This was just above the 100 DMA (118.15) and the pull from the moving average was just too great for the market to remain above it. Price broke down and traded to the early session low …

Soybean Complex: Giving it Back

John LunneyGeneral Commentary

September Soybeans      Today’s action sees prices violate through weekly low and unravel. Trigger levels were discussed in yesterday’s post. Contract slid to support zone of 979-977. This is a big level as we have reached the inner trend-line comeback , mid level Fib retracement and prior 4 wave low convergence point. Also,weekly range is already roughly 60 cents …

Buy Corn Break, 3.82 &

Alan PalmerGeneral Commentary, Grains

Farmers and Traders, This one is live now.  Boy how things change fast from yesterday to today.  We are down from 4.15 in two days but this presents a nice extreme from which has paid pretty well lately.  The olive is the genesis of trading which is why it is so hard.  Is this the corn drought play?  All bets …

Hogs short, Feeders hit targets

Alan PalmerLivestock

What does your system do when it is wrong? Here I have the tiny feeder cattle contract but it is the same method pretty much.  If I get an area that is an olive sell denoted here and it is taken out to upside, what do you do or what does it mean you ask? I call that an OLS …

Corn-clean bin out $4.15

Alan PalmerGeneral Commentary, Grains

Good Morning, This looks like the 50 cent break, 1017 is where they all seem to swing as a pivot.  Bean lower on week in Aug, 1001, low.  20 cents air under. 1033 was half way red line. This is late and I didn’t think it mattered or anyone traded but Sept missed, 1038 1/2 an OLS off memory. Bean …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle grinded lower into the fedcattleexchange auction and then took off to the upside as a better than expected auction led to more aggressive cash purchases. The fedcattleexchange auction had 2,665 head for sale with 1,907 sold. The prices ranged from 117.00 to 118.75. The higher than 118 trades seemed to spur the futures higher …