This is a sample entry from Tom Dosdall’s newsletter, Technical Ag Knowledge, published on Monday May 23, 2016. **Crop progress numbers will be released today @ 3PM (CST).** Ag Markets Jul ’16 Corn Corn is starting to look a little tired here at the top of the range and may need some fresh fundamental news… Read more.
In last night’s Swing Trader’s Insight I labeled the EMini S&P futures as a Taylor Trading Technique Sell short day. As long time readers know, I suggest we trade the stock index futures during the stock market hours (beginning at 8:30 AM CT) and that we can use overnight highs and lows in lieu of the previous day high and low that the TTT normally uses for the reference price.
The recent down trend in stock index futures made Taylor Trading Technique signals less obvious. Sticking to a more mechanical cycle count can facilitate trading in these markets.
Monday’s stock market selloff gave a Taylor Trading Technique Buy day setup for the eMini NASDAQ futures. Today’s action was a textbook TTT Buy day rally.
Cotton is a natural vegetable fiber that comes from small trees and shrubs of a genus belonging to the mallow family, one of which is the common American Upland cotton plant.
Humans have utilized lumber for construction for thousands of years, but due to the heaviness of timber and the manual methods of harvesting, large-scale lumbering didn’t occur until the mechanical advances of the Industrial Revolution.
Overnight trading can give you additional patterns for trade setups during the regular trading day, especially for markets like the stock index futures.
Of the three days in the Taylor Trading Technique cycle, I often don’t look to trade markets that are on the Sell day, as Sell days don’t have the clear directional bias of a Buy or a Sell Short day. However, there are some setups that can yield good trades on Sell days.
Basis Trading is a strategy used by elevators (and some farmers) looking to take advantage of favorable basis prices by exploiting the difference between the cash and futures. Grain elevators buy and sell grain all year around. When elevators make commitments to buy corn from farmers on the local market, elevators will also sell futures close to the cash delivery date to hedge themselves.
Perhaps the most controversial debate of our age is the amount of oil we have left to pump from the earth. Some speculate as many as hundreds of years, while others say we may experience an output shortage as early as 2015.