This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook. July / December NATURAL GAS seasonal spread: As we head into the summer months, we tend to see a rally in Natural Gas as suppliers and traders deal with the unknown of supply and demand issues and trade the front months accordingly… Read more.
The spread market between these two feed substitutes has been a swing trader’s dream. The tight, consistent ranges and the support and resistance on each side of the trade have provided those involved with a great trade setup for months. After the recent USDA report, Corn has taken its turn as the whipping post in… Read more.
The corn trade has been incredibly complicated as of late. The situation is one that projects both the most bullish and bearish of set ups, simultaneously. So what is anyone involved in the grain trade supposed to do? What do we focus on going forward that will project prices higher or lower? If market participants… Read more.
This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook. June / October LEAN HOG spread: This is a seasonal spread working off of upcoming supply and demand. With the summer months approaching, pork inventories are comfortably set for near-term contracts (June and July), so the interest tends to fade and the… Read more.
This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook. July / December CRUDE OIL spread: I am looking to get LONG the Crude Oil market heading into the summer with all the summertime support that comes along with it. As volatile as CRUDE has been of late, I will go with… Read more.
A main tenet of the Taylor Trading Technique is the idea of the “violation” before a TTT trade signal – on a TTT Buy day we anticipate an initial move below the previous low, on a Sell Short day it’s an initial move over the previous session high. We then wait for the market’s trend to reverse and to enter when the momentum is heading in the forecast direction.
When talking about Wheat futures, it is important to understand that there are three distinct contracts. Not only are the three contracts based on different Wheat products, but each trade at three different exchanges. It’s important to be aware of the contract differences as the price patterns may also differ.
Corn and Wheat futures had a good rally off midweek lows. After two days of rally the Taylor Trading Technique was looking for a Sell Short day today. The anticipation aspect of the TTT was helpful this morning.
In last night’s Swing Trader’s Insight update my comment for the gold futures was “Buy day, careful”. By the Taylor Trading Technique today is a Buy day meaning we should look for an initial move below yesterday’s low (the reference price) and then a rally back over it.
I probably sound like a broken record for writing this but I like to trade crude oil futures when the weekly EIA crude oil inventory report is released. It has the potential to cause sudden market move but is often less likely to cause the crazy overshoot reactions of a once a month report.