The dollar fell while the pound and Euro rallied in Tuesday FX trading. The prime cause of the Euro rally was the very good showing in the French election debate by candidate Marcron against LePen. Investors are fearful that a victory by LePen would further erode the structure of the EU. U.S. economic news continues to take a back seat …
Livestock Report
Live Cattle April Live Cattle stalled on Monday, March 20, 2017, failing to make a new high and trading down to test trendline support at 118.20, making the day’s low just above it at 118.45. Breaking down below trendline support could close the gap from the March 15 high (118.075) and the March 16 low (118.20). Support is at 117.825 …
Windy City Jim – Daily Trade Recommendations (3.21.2017)
Futures Day Trading Signals (Thursday March 21st, 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 : May Soybeans Previous Closing Price : 999 1/2 …
Currency comment 3/20
The currency market was very quiet on Monday. The largest move was in the British pound as PM May stated that she would trigger Article 50 to begin the process of leaving the EU on March 29th. The news Monday was dominated by Washington politics. The FBI director testifying on the recent election and the Russians, hearings on the new candidate …
US Grain Weather Update
For the latest US Grain Weather Update, CLICK HERE. For those interested, Walsh Trading hosts a FREE Grain Outlook Webinar each Thursday at 3PM CST. We will hold our next webinar on Thursday, March 23rd. REGISTER NOW. If you missed last week’s webinar, you may VIEW A RECORDING.
South America Grain Weather Update
For the latest South American Grain Weather Update, CLICK HERE. For those interested, Walsh Trading hosts a FREE Grain Outlook Webinar each Thursday at 3PM CST. We will hold our next webinar on Thursday, March 23rd. REGISTER NOW. If you missed last week’s webinar, you may VIEW A RECORDING.
What is coming next, commodities where to be?
What I have been sending out is very controversial, it upsets many. My daughter doesn’t want anymore of my e-mails. My brother believes what I sent out are just conspiracies, without proof. Many of my friends just delete these e-mails. But what I believe, and doing this for so many years, the opportunity coming in commodities, done the …
Absolute Momentum Strategy – Weekly Snapshot
Below is a snapshot of open trade positions in the Absolute Momentum Strategy investment. The total open trade equity in the portfolio inclusive of fees and commissions as of the close of trading on Friday, March 17th, 2017 = $895.90 LAST WEEK IN TRADING Long Term Commodity Trader Long May Cotton was entered at 79.13 on 3/2/17. Net Profit/ Loss is …
Livestock Levels
Live Cattle April Live Cattle gap opened higher on Thursday March 16, 2017 and except for one minor attempt to close the gap (during the first hour of trading) never looked back. It took out trendline resistance (118.70) and the March 1st high at 118.95, making a new high for the move at 119.50. Live Cattle has the January 20 …
Agricultural Outlook
The soy complex is bouncing a moderate amount today. This was due after the most recent break. The fundamentals remain long term bearish. The south American weather is condusive to harvest. The next question will be how many more bean acres? The answer most likely will be alot. Any further rallies are opportunities to sell for both the hedger and …