Anyone out here ever scratch? Let alone feel good about it? So you can learn how meats played olive 3 weeks at high, and on big ones retest the next week. Nothing cast in stone except the fact we all are expiring. Macro the Biden trade to me last night late in grains and meats dawned on me this am, are inflationary at least for a few days. SNSX by the way making new highs and what I thought you could sleep with.
First off, not a whole bunch of noise levels. A sequence that goes, up here, green, then orange, then extremes and two olives, ol1 thin, ol2 thick. Second, as you might see if you know how to read charts are trendlines. Where they come from is not important, but you be the Judge on if this is any good especially compared to what your Broker might give.
For guys that point and click themselves, think that if you have a FEEL. Now it has to be right but if it is, watch how when the markets hit TLs and back off or reverse. I think my chart levels service is invaluable and when you want to buy and see an olive sell! Hopefully it saves you money not making the trade. Rules apply of course and not that many. KITSS KEEP IT TRADER SIMPLE STUPID is how I deliver. Levels hit right on and most times, give you a chance to scratch.
Commodities – Think the longs in gold here up over 2% also. Money is and has been buying commodities. Plus game has changed even more bullish as I have said the World is short grains just as BAD AS farmers HEDGING DUE TO BANK EXTORTION. Then I give special timeframes to massage it closer since nobody would stick an offer way up there anyway, right?
So check gold on the right of the chart, Silver had something at yesterday's low. Do I know any of them are going to hold? No, like that? Do I also know that if and when they hold, that you are going to get paid? Yes, I think I know that.
I see nobody wanted to buy corn and beans a few days ago on 30c corn, another 40c in beans. I actually had a guy cancel bids at 393 1/2. 393 1/4 and 393.00. TL'S WERE 1/2C TO PENNY UNDER. That is where the big guy, bids a bit over on big break and catches it while the public cancels bids waiting for things to settle down. Ok, that is now. 60 cents higher. THESE WERE WELL THOUGHT OUT game plan buys to replace the grain sold on way up. Bulls last usually to me 6-8 weeks. Last week farmers chatting $14, then it breaks. They might be right but corn had THREE LEVELS INSIDE 2 CENTS! We I have those situations, different types of traders use the same way, here buying 1050 Nov. We are in Jan now.
Only corn, or Hogs? Or Cattle? We can deliver that also. Charts make some nervous even though they have no interest in learning.
I get it your busy. I want to help people and from what I can see with most? It's like I'm talking Russian when I say I have a buy and you want to sell at these extremes. But trading is all psychology anyways, right? At least on the edges anyway. https://bit.ly/3iE4Tf8
One more thing to appreciate is, there are 11 markets on ONE PAGE with things sharply higher, What are the odds S&P up 85 handles, that I would have olives to sell if trading, sometimes more. A trader agreed with me that Zoom on android is as good as it gets and you blow up this page of charts and look in the corners and viewable perfectly.
Feeders – back month MAY had two long term TLs down by lows 128.60 at time, one 30c lower.
A little slippage but boy did those play on way back up with vengeance.
GFK high today are two levels, IF YOUR LONG TERM. You bought meats down by historic olives in some, or the 2nd attempt down and now new lows. Email for those pics early 2020.
Crude – an apex live up here also, that is up and down lines same level. Here 6c apart so I guess I lied.
Need someone to lie to you?
Everything doing lower highs interday, my timeframes and how we tie risk to previous bars range.
Up big, then the first sign where you can have a stop above if you were selling these up here.
Did you catch the DEC HOG ALERT yesterday? This is day 1 in hogs.