WHEAT – Down 10 to 15 cents per bushel. Pressure from talk China may raise interest rates this weekend to cool inflation, which was viewed as bearish for commodities. Showers in the U.S. Plains also weigh. CORN – Down 10 to 12 cents per bushel. Falls amid prospects for China to raise interest rates in… read more
Tag Archives: Futures
Swing Trading Strategies – “Action-Reaction” Market Timing Intelligence at work in Coffee and Gold. [chart]
Swing Trading with Market Timing Intelligence Swing trading has emerged as the fastest growing trading strategy in the industry today. Long preferred by professional traders, swing trading is being discovered by a whole new generation of serious traders and investors. Everyone knows the old adage “follow the trend.” Traditional swing trading strategies were developed to… read more
Initial Jobless Claims (11/10/2010) – Futures News
* Jobless claims hit four-month low in latest week * September trade gap narrows more than expected * Import prices jump to highest since April * U.S. imports from China remain near record By Doug Palmer WASHINGTON, Nov 10 (Reuters) – Initial claims for U.S. jobless benefits hit a four-month low last week, while the… read more
Grain Supply Report / Futures Broker
CHICAGO (Dow Jones)–The U.S. on Tuesday unexpectedly cut its soybean harvest estimate and slashed its supply forecast, setting the stage for gains in soybean futures. Soybean production was pegged at 3.375 billion bushels, down 1% from the government’s October estimate, according to the U.S. Department of Agriculture. Analysts surveyed by Dow Jones, on average, had… read more
Pre Crop Report News -Futures Broker
Buyers and sellers of U.S. cash grain were moving cautiously to start the trading week, ahead of an important government crop report slated for release on Tuesday. “The primary objective of today’s session will be positioning for tomorrow’s monthly [USDA] supply and demand report,” said Iowa commodity trade advisor Karl Setzer. “Most analysts are expecting… read more
Five market Changers to watch 11/8 – 11/12
Five Market Changers to Watch This Week ________________________________________ • Trade figures: What’s to become of the U.S. dollar? It may be oversold, as some experts note, but the Fed’s big easing decision last week promises more pressure as a global currency war looms. International trade figures out this week (Wednesday 8:30 a.m.) are backward-looking, but expect… read more
Spread opportunity in Cotton! [chart]
The spread between December 2011 Cotton and March 2011 Cotton has widened to 35.00 plus…this spread usually trades between +5.00 / – 5.00. There could be a good spread trade opportunity to buy the December 2011 Cotton and sell the March 2011 Cotton as we look for the spread to begin to narrow. Call your… read more
Swing Trade Strategies – Long December Crude oil reaches 1st target objective! [chart]
TMV Swing Trade report – Long December Crude oil @ $83.31. December Crude oil reached the initial target objective at $86.50. The longer-term cycle still remains bullish with futures reversal dates projected for November 11 and November 16 with a major target objective at $90.00. I will look for a short-term pullback or consolidation for… read more
Grains Opening Calls and News /Futures Broker
WHEAT – Up 10 to 15 cents per bushel. Boosted by falling dollar after U.S. Fed decided to buy bonds in a risky move to boost the struggling U.S. economy. Dry weather in the U.S. Plains HRW wheat region also supportive. * Showers in the U.S. Delta will buoy winter wheat prospects but more rain… read more
Swing Trading Strategies – “Action-Reaction” projects higher Crude oil into November 16th. [chart]
If you have read any of my books or are a frequent reader of my newsletter and blogs you have probably seen me talk about a 3-wave or 5-wave continuation pattern. When identified correctly, this can be used to project price the time , price and duration of a future price move. The pattern will… read more