Good Morning Farmers, Commercials and Traders, 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 you might buy 5 @ OLB#1 thin …
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 …
Real Trader- Olive Line. Chart Allocation Live
ASSET ALLOCATION TAKING PLACE HEAVILY NOW commodities and stocks, nasd spreads etc. Major trades are everywhere. Long coffee and soybeans have been hit, meats also, stops under of course. This is Pro Trader talk. You want to be a Pro don’t you? Pick a number on chart if you feel lucky, or call me. Buy volatility now in AG specific …
Thursday Macro wrapup, Oilshare etc.
Farmers and Traders, Speculators and day traders, Something for everyone so if your serious about trading let’s chat on how I can clean up some of your slop (slippage). The patterns my high end software that can help my customers detects consecutive patterns for a host of reasons. 1. Stay out of the way like meats on way up. 2. …
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 …
Lesson, how to read charts
Good morning Farmers, Trader’s and you, If you like the levels so far here on Walsh from meat sell levels (feeders, live cattle) or the soy complex (meal and oil included) buys hit last few weeks I want to use this time to explain a live level on how I think we approach technical patterns when they appear. I …
Long on events , short on reactions
Lots on the agenda If you looked on the calendar today, you might have seen the following schedule; ECB Decsion, UK Vote, Comey Testimony. All had the potential to send the markets on a run, in either direction. At the end of the day the markets didn’t look too much different than any other session. ECB Holds Steady The European …
Buy Grains sell meats ? long term.
Game on volatility picks up everything. What is your game plan? Need one? Disclaimer- While I have traded meats I am no expert and do not pay attention to fundamentals because they carry those people out now for years (inquire) but if cattle and feeders can top here they probably did yesterday I posted the 1150-am-ish voice comment citing olive …