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 …
Livestock Report
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 …
Hogs short, Feeders hit targets
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 …
Livestock Report
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 …
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 …
Livestock Report
Live Cattle The August Live Cattle contract opened (113.85) at the 200 DMA (113.975) on Tuesday, July 11, 2017 and dipped down to the session low (113.40) before moving higher for the remainder of the day. The rally took price to 115.425, which is right at moving average resistance. The 8 DMA is at 115.35 and the 13 DMA is …
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. …