Good Morning Farmers, Commercials and Traders, (late grain snapshot playing lines on bottom) Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile. Last month gave a precise example with soybeans where, for instance, if you were a 10 lot trader …
Ag Commentary
The markets move day to day based on the latest weather report. The risk has gone up considerably due to the uncertainty. The weather for beans will become very important last half july and into august. There still exists the opportunity for the government numbers to be the reality. The risk now is if the weather turns hot and dry,and …
Few (6) Quality Olive Trade flashing
Markets are heating up everywhere, across the board so here are a few chart spots that have hit olive conditions. This olive is at the genesis of trading throughout the time spectrum that offers value and keeps you out of the way as it approaches. The value of quality research means you wait for trade conditions to materialize. Right? So …
Trading Psychology
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 …
Buy Corn Break, 3.82 &
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 …
Corn-clean bin out $4.15
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 …
Ag Commentary
The wasde report today showed ample amounts of everything. In my opinion. However, the most important aspect to consider will be the weather over the next 3 weeks. The concern for beans is that if a ridge moves over the central US their may be a reduction in the bean yield. A 5-6% reduction could change the domestic balance sheet …
USDA grains down, Meats limit up
Good afternoon, I hope some of you got a chance to market some of last years crop on this corn rally up at 1st of 3 sell level 415 a bu. This is an orange line, olives are above. If the market is going to top like yesterday these will be your levels but that is my opinion. You’ll see …
Macro Grains, Meats
This is larger Macro big picture swing type trade levels, use stops accordingly. HOW TO READ CHARTS- Look for high or low bars to be on a level exactly. Yes these are that research specific and where computers buy or sell off of. Hogs– possible major top cited 71.44 as OLS olive sell, potent. Below levels 69.00, 66.21**. Hogs up …
Wheat, Hogs Soy- Events live. 1st time ever’s
mASSIVE sUMMER DROUGHT PLAYING OUT NOW HOGS- LIVE SALE POSTED last week in Oct. Beans- hit $9.07 and now in parabolic up move as happened across board last 18 months after these conditions post. Look at how the volume at this olive line, not only might be the biggest ever, but also after a diamond on top. 100,000 wheat biggest in ??? Pretty …