Futures Blog

Paper and PenThe 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.

Swing Trader’s Insight Futures Watch List for July 31Today’s Breakout Trade in Lean Hog Futures

Today’s Breakout Trade in Lean Hog Futures

In this morning’s Swing Trader’s Insight Watch List, one of the setups I pointed out was the breakout setup in the lean hog futures (read the watch list HERE). I like to trade markets that still have decent pit volume or otherwise seem to get going later in the morning (stock indices, grains, livestock) as they often give trade opportunities at “reasonable” hours (i.e., not 3 AM); today’s hog trade was a good example.

Swing Trader’s Insight Futures Watch List for July 30

Swing Trader’s Insight Futures Watch List for July 30

Sept. eMini Russell: Last night I labeled the Russell as a breakout candidate; that’s the type of trade we’ve seen thus far today. For now I would watch the Tuesday high of 1146.20 as a pivot point for the rally; 1152.30 would be the next rally target. As with the other stock indices; keep an open mind as to direction post-FOMC.

The TTT and Sell Days in the eMini S&P Futures

The TTT and Sell Days in the eMini S&P Futures

The eMini S&P was on the Sell day of the TTT cycle for today. Monday was the Buy day of the cycle, and the rally off early morning lows was the result. In addition, the fact that it was the first day of a two day FOMC meeting made a two sided trade more likely, as traders would be less likely to want to commit to new positions with heightened expectations for increased volatility and uncertain direction after the meeting.

Get To Know: Drew WilkinsSwing Trader’s Insight Futures Watch List for July 29Swing Trader’s Insight Futures Watch List for July 28

Swing Trader’s Insight Futures Watch List for July 28

Sept. eMini S&P Futures: It’s a “cover breakout sales” day so a Taylor Trading Technique Buy day is anticipated. Friday’s low of 1968.00 is the Buy day reference price; there was a low violation buy overnight. For the day session I’d look for another test of Friday’s low or a rally above resistance- for now that’s 1972.00 and then the overnight high of 1973.25. The 1976 area is the first rally target.

Swing Trader’s Insight Futures Watch List for July 25Swing Trader’s Insight Futures Watch List for July 24Swing Trader’s Insight Futures Watch List for July 23

Swing Trader’s Insight Futures Watch List for July 23

Sept. eMini S&P Futures: It’s an “exit breakout buys” day; this suggests we should look for a Taylor Trading Technique Sell Short day. Monday’s high of 1980.50 is the reference price for that trade. Monday’s close was far enough below the high that I would be cautious with shorts- only sell when you see downside momentum.