***Trade Alert – Buy Soybeans, Roll Currencies*** Before we get to the grains, here is something you must do on Monday. We need to roll the currencies Monday. Roll them from March to June. The currency symbol is “H” for March. You’ll need to move your positions to June, or “M”. Rolling the positions is easy. [...]
Euro Currency: Make Up Your Mind Already!
March 8, 2012 by · Leave a Comment
***New Trade Alert – Short Corn *** The system is back short the Corn after getting short the wheat yesterday. The wheat went down a bit more today. The back and forth movement of the markets has been extremely frustrating. This is all part of trend following. The hard times for trend traders are when [...]
Signals 3-8-2012: Short Wheat, Exit Copper
March 7, 2012 by · Leave a Comment
***New Trade Alert – Sell Wheat*** The system went short Wheat today. Also, the system will probably get short Corn tomorrow morning. The bias shifted in Corn to short bias. The TF101 system will get short Corn on tomorrows opening unless Corn rallies overnight. The Copper ended up being exited today – this trade did [...]
Did a Commodity Crash Start today? TF101 Signals 3-6-2012
March 6, 2012 by · Leave a Comment
I’ve warned a few times about the potential for massive sell off in commodities – and there is a chance this huge sell off started today. When I look at the supply and demand fundamentals facing individual commodities, I see very bearish signs in nearly every commodity. I can’t tell if this potential crash is [...]
Trend Following 101 Signals: The Revenge of the USD
March 4, 2012 by · Leave a Comment
The Euro dove last week after banks took more money than expected at the most recent bailout. This pushed the euro lower Thursday and Friday. The system is long the Australian Dollar and the Canadian Dollar. Both of these are considered to be commodity currencies – but the primary commodities they are associated with are [...]
Trend Following 101 Gets Short Silver
February 12, 2012 by · Leave a Comment
**Trade Alert: Short Canadian Dollar and Silver** The system got short Canadian Dollar on Friday and Silver on Friday. I had warned we might get a sale in Silver on Thursday – the market settled very close to the entry price Thursday night. You can enter both the Canadian and the Silver markets on Monday [...]
Back in the Saddle with Corn and Wheat
February 9, 2012 by · 1 Comment
***Trade Alert: Short Corn and Wheat*** Surprise! We’re back short Corn and Wheat. Warning signs flashed last week about Corn, Wheat and Soybeans. We were short from a few weeks ago, then the trades were not working out. Of course, the system got stopped out. Today, we’re back short! Welcome to the world of trend [...]
Gold on a Roll
February 8, 2012 by · 1 Comment
**New Trade Alert- Oil** We got long oil today. Oil retraced a bit once we got in the market. This market is giving mixed signals right now, and has been moving back and forth in a range for months now. Choppy markets mean tough times as a trend trader. There seems to be a battle [...]
2-6-2012 Trade Summary
February 7, 2012 by · Leave a Comment
The euro rallied tremendously today in anticipation of a deal for Greece. It’s right in the middle of the 1.3200 – 1.3300 problem zone I identified 10 days ago. I think this area could be a turn around for the Euro – it might go lower from here. We do not have a position in [...]
2-3-2012 Trade Summary
February 3, 2012 by · Leave a Comment
Gold Continued its rally. Fears of a delay in settling the Greece debt issue continued to push it upwards. The profit taking stop is moving up – it’s above the entry price as of today. Gold is now most likely a profitable trade. The Australian Dollar is on fire again. It was up more again [...]
