Overnight trading can give you additional patterns for trade setups during the regular trading day, especially for markets like the stock index futures.
Trading Advisories
A Trade Setup for Taylor Trading Technique Sell Days
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.
Basics of Grain Basis Trading: “Long the Basis”
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.
Market Spotlight: Crude Oil
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.
Welcome to This Week in Grain
Learn more about This Week in Grain! John Payne explains what you get as a subscriber to his weekly grain and oilseed commentary newsletter.
TWIG Note – Bull Flags Everwhere in Corn and Soybeans
What is a bull pennant? The bullish pennant formation is found within the uptrend of a futures contract.
Market Spotlight: Kansas City Wheat
If it had not been for Wheat, human beings may never have socially and culturally developed as cosmopolitan as we have. Wheat was the first crop to be cultivated on a grand scale and stored long-term, enabling the start of city-based societies and the dawning of civilization.
Market Spotlight: Canola
Canola is a genetic variation of rapeseed developed by Canadian plant breeders specifically for its nutritional qualities and its low level of saturated fat. The term Canola is a contraction of “Canadian oil.”
Market Spotlight: Mini Dow Jones
The Dow Jones Industrial Average (DJIA) is often viewed as a strong indicator of the success of the U.S. stock market and the U.S. economy overall. The DJIA represents nine economic sectors including financial services, technology, retail, entertainment and consumer goods. The DJIA is one of the most widely quoted measures of the U.S. stock market due to its extremely high correlation to broader U.S. indexes, such as the S&P 500.
Market Spotlight: RBOB Gasoline
Gasoline is a complex mixture of hundreds of lighter liquid hydrocarbons and is used chiefly as a fuel for internal-combustion engines. Petroleum crude, or crude oil, is still the most economical source of gasoline with refineries turning more than half of every barrel of crude oil into gasoline.