Please contact Jim Walters for Thursday’s trade signals. Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT Walsh Trading, Inc. is registered as an Independent …
Nat Gas, Sell Bonds, Fed goes 1/4% today
Bonds and notes ran right into these long term trendline resistance at the highs today. I suggest using these indicators and stay out of the sloppy action in between, the chop. Let’s see if bonds stop up here as inflation heats up. Nat Gas after olive sell in chart now has small olive buy. Under here look out below as …
Wheat Long Term Forecast: Wave Theory Applied
I spent the better part of last night analyzing the current wave patterns in the wheat market. Breaking it down in classic top down fashion. That is, starting with the monthly charts and working down to the short term daily charts. This is the only way to see the dominant forces at work and to better position ones self for the …
July Soybean Complex: Making Sense of It
July Soybeans As touched upon in yesterdays post I have observed reappearing wave structure characteristics in the agricultural products as it concerns to the layout of correctives patterns. In todays action I believe we have witnessed the extreme of a second wave in a five wave pattern at 940.0 If this is correct it should be followed by an impulsive wave (3) to the …
Windy City Jim’s – Daily Trade Recommendations (06/13/17)
Futures Day Trading Signals (Wednesday June 14, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : July Soybeans Previous Closing Price : 932 1/2 …
Crude Oil: Double Three B Wave
Spending some time analyzing the current state of the unfolding wave pattern in the July Crude Oil contract leads me to believe we are witnessing a double three corrective B wave. Laying out the expected pattern points to a violation of the recent low put in on April 5th of this year at roughly 43.90. Extension levels and retracement points converge …
FED hikes, Dow up $500 ? It’s show time.
Good Morning, As we approach qtr end #2 17′ we see back and forth immediate turns in grains based off my macro trend lines in the Ag’s. Algo’s play these if you look, hashed are longer term and for that type trader. Day trader’s- over line, you buy go home flat but rules here also. Long term- Buy this break …
Currency comment 6/12
Over the last week the U.S. dollar has declined slightly and the Euro FX has firmed. The major story in the forex markets has been the 300 point drop in the British pound over the last three sessions. The main factor in the pound weakness was the dismal performance of the Tories under PM May in the June 8 election. …
Soybeans and Meal: 5th wave Cometh
July Soybeans It appears to me that we have entered the 5th wave of an smaller degree. I have expressed this outlook several times in earlier posts. I look for the contract to unwind to new lows. Temporary support comes in at +/- 920. Target for wave extension checks in at 900 to 895. A rise above 944 negates …
Windy City Jim’s – Daily Trade Recommendations (06/12/17)
Futures Day Trading Signals (Tuesday June 13, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : July Wheat Previous Closing Price : 434 Projected …