Good Monday on grain open,
What have we here, SX just tagged an olive sell, see chart and if you did not get one and want one? Hit link below. This has been advertised ahead of time which is normal.
CORN- The mkt, maybe Trump tough China stance and weather have changed this game. Stick some offers up there if we really run, green 359 now, levels higher. If long calls and in the money sell futures if you think we break. You get 100% of downside. Some have seen how this works but it is what Pro option traders do we long calls in the money, sell half is Pro approach.
Beans- I have ols 963, two levels actually, watch o/n high 966.6, got ring to it? Next stop over 975.
Wheat has a level on open alsop, meal ditto has small ols
Bean oil also but weak sister this am,.
Wheat has a green sell, new high stop.
Always use risk stops in good locations is my opinion. If you need location?
This has characteristics of my weekend run up to levels. Corn olive last year 468 was it? Same type situation.
RICE- If anyone looking to take stab long we hit an ols, if buying green or slightly above.
Holy cow- Gold- purple level 1985.90, a tick off. Small ols last week are off. Use big pivots.
Meats no comment really
GFV- does, or missed a few levels by lows, BIG VOLUME buy 1st 15min. Market color, buy against lows with stop?
Hogs- no comment but I have levels to wait for.
Look out in beans maybe. Bumber crop bears come out of woodwork last day of August run up?
Give me a jingle and if you want
to get the levels ahead of time signup below.
For $10 a day you might have hedged feeders at the 149.19 olive sell before the report. See yellow line I put up everywhere when appropriate.
If you want to get what the big boys, algos use look at these charts
One rancher told me he did again not currently trading with me. That is why he said he got VIP. He bought puts and sold calls. If your firm let’s you great. Stay there but
get help with someone all about the levels
Just for the charts but some students of markets want to learn and have an understanding of charts.
Here is what feeders looked at on way up two weeks ago.
Have a nice cool day.
Alan Palmer
HighGround Trading LLC
