Monday – Hogs, Natural gas, Silver, Treasury bonds, Japanese yen Tuesday – RBOB gas, Gold, S&P, Eurocurrency, Cotton Wednesday – Cattle, Dow Jones Thursday – Soymeal, Canadian dollar Friday – Corn Learn how reversal dates can help you trading. www.tradersnetwork.com… read more
Tag Archives: Futures Trading
Opening Grain Calls / Futures Broker
WHEAT – Up 3 to 5 cents per bushel. Lifted by weather concerns in Australia and in the U.S. with additional support from increasing U.S. exports of wheat, including a sale of 250,000 tonnes to Iraq and a weekly government sales number that was above estimates. CORN – Down 2 to 3 cents per bushel.… read more
Grain Opening Calls and News / Futures Broker
WHEAT – Down 10 to 15 cents per bushel. Pressure from a higher dollar and profit-taking after the rally early in the week to a four-month high left the market technically overbought and due for a correction. * USDA to cut U.S. wheat stocks amid Australian rain. * Floods in Australia cut wheat crop. Estimated… read more
Swing Trading Strategies – How is the December 6th reversal date affecting Wheat? [chart]
In the December issue of the TMV Swing Trading Report I wrote this about how the December 6th reversal date could affect Wheat over the short-term. March Wheat – Wheat is due for a corrective pullback after closing higher for eight days in a row. Today’s higher close pushed into a minor reversal Castle With… read more
Swing Trading Strategies – Will the December 6th reversal date signal a new direction for Crude oil? [chart]
The previous two reversal dates (November 11 and November 23) have triggered major turns in the January Crude oil. After posting a low on the November 23rd reversal date, Crude rallied over $10.00 and traded beyond the prior swing high of $89.10 posted on the November 11th reversal date. It just so happens that the… read more
Weather News Grains Calls Higher / Futures Broker
WHEAT – Up 12 to 15 cents per bushel. Support from excessive wet weather in Australia’s wheat harvest and dry weather in portions of the U.S. winter wheat region and in China’s wheat belt. Weak dollar also supportive. * Australia sees record wheat crop, but quality down. * Paris wheat at new high on Australia… read more
Grain News and Opening Calls / Futures Broker
WHEAT – Up 5 to 10 cents per bushel. Support from excessive wet weather in Australia’s wheat harvest and dry weather in the U.S. western Plains and in portions of China’s wheat growing region. Gains limited by a firm dollar. CORN – Down 3 to 5 cents per bushel. Firm dollar, lower crude oil and… read more
Grain Calls -Futures Broker
WHEAT – Up 20 to 25 cents per bushel. Excessive rainfall in Australia’s wheat harvest, dry weather in the U.S. Plains and prospects for a sale of U.S. wheat to Egypt boost prices in addition to support from a weak dollar. CORN – Up 8 to 10 cents per bushel. Lower dollar, higher crude oil… read more
Swing Trading Strategy – Will the Euro reach the target objective before the December 2nd reversal date? [chart]
TMV Swing Trade report – Short December Eurocurrency from 1.3441 – The euro is trading sharply lower for the sixth day in a row, after breaking out of the bearish reaction swing of November 16 to November 19. The euro continues to be pressured by Eurozone debt woes as CDS on Spain, Portugal and Italy… read more
Grain Opening Calls and News – Futures Broker
WHEAT – Up 3 to 5 cents per bushel. Dry weather in the western U.S. winter wheat region and excessive wet weather in Australia’s wheat harvest combining to lift wheat futures. * Dryness continues to be a concern in the U.S. western winter wheat growing region. There are signs of rainfall for next week but… read more