The dt Futures Blog is a great place to learn about commodity futures trading and investing. Insightful educationally-focused articles on topics ranging from choosing a futures broker to commodities trading strategies and risk management are published frequently.
Lean hog futures had a breakout setup for today. Meats are a market sector where entry signals often occur relatively late in the session, which can give you more time to take a trade.
Sept. eMini S&P Futures: It’s a Taylor Trading Technique Sell day; yesterday’s wide range may keep a follow through rally from going too far. Tuesday’s high of 2002.75 is a pivot point on the upside; 1995.50 is first support.
Reminder: The markets are closed on Monday for Labor Day and will re-open on Monday night on a regular Sunday schedule!
Throughout this entire growing season, I have heard comparisons to the best growing season on record, 2004.
Today’s traders have come to realize that online trading revolves around two crucial issues – execution and analysis.
Sept. eMini S&P Futures: Breakout setup (ID, NR7, doji). Yesterday’s low of 1993.50 was the first reference price for a downside breakout; now I would watch it on the upside. On the downside start with the overnight low of 1987.50.
In our “Get to Know Your Broker” article series, John Payne discusses his background, favorite strategies, talents and more!
Sept. eMini NASDAQ Futures: Breakout setup (ID, NR7). For breakout reference prices watch Monday’s high of 4078.50; on the downside start with the 4067 area. Trade or Fade (my breakout trade advisory) has its breakout levels at 4083 on the upside and 4063.50 down.
I wasn’t able to get any Pre-Dawn Updates out last week but I will do my best to get another one out this week before the 3 day Holiday weekend! Markets are closed on Monday for Labor Day.
Sept. eMini S&P Futures: It’s an “exit breakout buys” day so a Taylor Trading Technique Sell Short day is anticipated- Monday’s high of 1999.75 is the reference price. We should look to short it only when we see bearish momentum.