Category: Trades

KC Wheat Possible Top

Wheat price action seems to look more and more bearish to me. I have sell limits for KC wheat at the 775 level with stops at 790.

Missed Trade

I consider the 10-year short a missed trade at this point. I have no intention of trying to sell a rally.

Eurodollars Update

I am already short the December 2024 contract but will add to my short position with a clean weekly close below the 98ish level. It is about to complete a massive H&S top.

Fumbling for a Bottom

I am long silver. My stop is at 21 with a target of 25. I rarely go bottom hunting like this but I do not believe silver will stay at these levels.

Long TSM

I took a very small long position in this stock. Stop is at 124.84 with a target of 145.

Short Eurodollars

I am short the December 24 contract with a stop at 98.29. It is completing a failed H&S pattern. A break below 98 and I will increase my short position. Targets TBD for now.

Soybean Oil-Tide is Changing

The Soybean Oil chart is becoming more bullish.
Short term it appears to have completed a H&S bottom. I am long with a stop at 57.84 and a target of 63.84.

Long term it may have sprung a bear trap and is ready to challenge the 52-week high.

10-Year Possible Trade

The 10-year completed a failed H&S yesterday. I should have been short yesterday but it slipped my eye. I have sell limits at 129’190 that I will leave working. If it continues to fall into the weekend I will cancel the orders and consider it a missed trade.