orange juice future trade idea – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Formation Finder portion from December 29th.
To gain access to these charts and all of the trade ideas in full the day they are released, sign up today!
Check out some of the most recent posts here:
FORMATION FINDER UPDATE:
March ORANGE JUICE:
Last week (on Wednesday the 21st) we were focused in on the failed bounce in the OJ market once the trendline was penetrated near the 194.85 level.
If you got involved in this Formation Finder opportunity, great job!
It is time to reward the market by moving your stops, taking profits or checking in on any put options purchased.
There was support at the 184.00 level back in October if you are looking for a level to target moving forward. …last traded 186.95
Take a look at last week’s chart as well as the updated chart this morning… (click to enlarge)
Subscribe to The Cullen Outlook Product SUITE
The Cullen Outlook Product SUITE - The Cullen Outlook is for those wishing to follow the moves of a technical trader. You’ll get to look over the shoulder of a senior futures market strategist, see the market set-ups that grab his attention, and learn what he looks for when analyzing a chart!
How-To Guide: 10 Rules for Technical Futures Trading
Whether you are a novice or seasoned trader, this How To Guide is ideal for broker-assisted and self-directed traders looking to learn or improve their technical trading skills.
This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.