Tag Archives: Wheat

A.M. Look 2/23/12

Posted on 02/23/2012

Yesterday found me beating back my accrued Pavlovian tendencies from my charged years of Pit trading. I wet myself and realized my issue before I embarrassed myself. We try to limit those episodes. Right you are! I’m not alone, we … Continue reading →

JJG

Posted on 06/21/2011

I am buying a 50% long position back in the JJG. While I am not particularly enamored with the risk reward profile in the grain futures at this level, I do like the risk profile in the JJG. 51.13 is … Continue reading →

A.M. Look 3/3/11

Posted on 03/03/2011

Stock Bears…The 1319-21 level will be an important resistance level today. Sustained price action above and we’ll continue higher. It will still be a day of having an eye on the oil action and we would expect the inverse correlation … Continue reading →

Grain Traders

Posted on 02/24/2011

Rice has just printed the 200 day mvg. avg. while cleaning out all the long term stops under 13.33. This is a mandatory hold area in the Rice. Wheat is holding it’s downside price tgt of 7.40 area after another … Continue reading →

A.M. Look 2/23/11

Posted on 02/23/2011

Euro…137.45 is the last high we broke from. This level will now act as an upside pivot for a possible another 100 points. Eur/Jpy is still the firm cross with short term tgt’s another 4 figures up. For those tgt’s to be … Continue reading →

A.M. Look 1/10/11

Posted on 01/10/2011

I do not see much to do this a.m. Let the day unfold. The Silver needs price action over last night’s high to show new strength while Gold keeps rejecting 1378. The March Soybeans are back to the 1350-60 level. … Continue reading →