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Years ago I read an article that Larry Connors wrote about a trade setup he called “If They’re Late, They’re Dead”. I can’t remember how his setup worked but the name is a good way to think of what to do with breakout trades. Breakouts tend to be trades that work if you can get in on them early but if you’re late you can get your head handed to you.
Soybeans are one of the most popular oilseed products in the world and are used in the manufacture of plastics, solvents and other industrial products. Additional uses include livestock feed, edible oil and other foods. In the U.S, soybeans were not used as a food product until after the 1920’s. However, soybeans were essential to Asian cultures for hundreds of years before Western cultivation began.
On Monday the stock index futures ended their Chinese water torture selloff and stage a good Taylor Trading Technique Buy day rally. Yesterday was the Sell day in the cycle. That’s what yesterday looked like — the two sided trade of a distribution day.
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.