Still long the Live Cattle contract. Adjusted the stop loss several times to lock in profit. Stopped in and out of the Orange Juice contract for a loss.
Live Cattle
Trade Spotlight: Futures – Weekly Summary: Cattle
Went long the Live Cattle futures market on a breakout.
Beyond the Spotlight: June 22, 2020 (Pound, Cattle)
Beyond the Spotlight is a weekly video released on Mondays that spotlights two or three markets that may become trading opportunities for the week ahead. This enables you as a subscriber of the Trade Spotlight advisory service to look ahead with us, while potentially creating additional trading opportunities for yourself. The week’s video linked below… Read more.
Trade Spotlight: Futures – Weekly Summary: Cattle, Pound
Working two entry orders each with a stop loss and a target.
Demand Fears Weighing on Commodity Prices, but Support Still Possible
Please log in to view this content.
Timing Is Everything: Best Commodity Trading Hours
From cattle to copper, commodity futures provide market participants a variety of unique options. The diversity of these offerings allow active traders to conduct business on a near 24/5 basis. Aside from the Friday afternoon to Sunday evening weekend pause, extensive commodity trading hours are one of the largest benefits available to traders. However, not… Read more.
US Dollar Still Favorable to Physical Commodities Despite Jan. Jobs Data
Please log in to view this content.
Strong Economic Demand and Confidence Support Global Markets
Please log in to view this content.
Global Growth to Lead to Reflation & Recovering Commodities
Please log in to view this content.
Fresh Threats to the Markets, High Risk Sentiment
The North Korean situation flared up again with fresh threats from their leader, and while the markets have taken these types of threats in stride before, there will be some anxiety that affects risk sentiment.