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 …
Blood in Streets- Prelude WSJ front page today
Some important levels in Charts. No burning desire in stocks, NASD is the bad boy for host of reasons, spreads? Blood in Streets-? See WSJ front page that goes with what I have said about old establishment,” they ain’t leaving and will have to be pulled out by head of hair. USA and Venezuela. Hamburg? Trump beating a CNN reporter. …
Soybeans $9.06, Grains explode higher, flipper areas Corn.
Good Morning Farmers and Traders, Dec corn 404.5 a sell level for old crop longs. Recap here- Aug Soybeans had OLB 1st time down of $9.06 so hit&filled are the olive algo’s players. Given out for a month early. The algo that hurts the most …. Its so funny how the crowd thought beans sub $9.00 and sold in …