forex, traders
Swiss Franc, Play a Retracement
Since putting in a bottom on 5/22 at 1.0186 the Swiss franc has appreciated 6.5%…as of last week lifting futures to four month highs. I am operating under the influence an interim high way reached last week at 1.0962. Let the Fibonacci levels on the chart below guide you on this trade as I am [...]
energy, traders
Natural Gas Bargain Hunting
September natural gas futures are lower by 13.1% in the last 3 weeks and lower by 15.9% from their highs made on 5/1. As it stands futures are just under their 61.8% Fibonacci level (lower white jagged line) and attempting to trade back above the 8 day MA (orange line). Stochastics indicate an oversold market [...]
agriculture, traders
Cocoa Shows Short-term Chart Damage
Cocoa has been kind to speculators of late as we we’re fortunate to catch a few trades. Will three times be a charm? From here it appears prices could be headed south. In the previous two weeks September futures bounced off the 61.8% Fibonacci levels gaining eight consecutive days’ elevating futures 8%. Today will likely [...]
derivatives, traders
NOB Spread, A Contrarian Play
When the boat is leaning one way I generally prefer to be on the other side. Do I think the 33 year bull market is over in Treasuries…the simple answer is yes but in the short run I think the debt complex has gotten ahead of itself and we get a rebound from current levels. [...]
agriculture, traders
Corn/Soybean Ratio Spread
Relative (ratio spread) trades can work if one commodity moves in the proper direction big and the other does not move at all, both underlying commodities move in the correct direction small but consider this two separate trades and the misconception that spread trades are less risky than an outright is flawed in my eyes. [...]
economics
IMF vs US Fiscal Policy. Will the FED weigh in this week at FOMC meeting?
Posted on 17 June 2013
Global Economic Calendar Week of June 16th, 2013 DATA HIGHPOINTS FOR THE WEEK: —US FOMC Meeting & Rate Announcement…UK, USA CPI Data…Eurozone, German ZEW Economic Sentiment Index…Release of UK BOE (Bank of England) Monetary Policy Committee meeting minutes… UK Retail Sales… US Markets Quadruple Witching. Data release times are in GMT or specified US EST [...] Continue Reading
energy, traders
Natural Gas Bargain Hunting
Posted on 14 June 2013
September natural gas futures are lower by 13.1% in the last 3 weeks and lower by 15.9% from their highs made on 5/1. As it stands futures are just under their 61.8% Fibonacci level (lower white jagged line) and attempting to trade back above the 8 day MA (orange line). Stochastics indicate an oversold market [...] Continue Reading
agriculture, traders
Cocoa Shows Short-term Chart Damage
Posted on 13 June 2013
Cocoa has been kind to speculators of late as we we’re fortunate to catch a few trades. Will three times be a charm? From here it appears prices could be headed south. In the previous two weeks September futures bounced off the 61.8% Fibonacci levels gaining eight consecutive days’ elevating futures 8%. Today will likely [...] Continue Reading
derivatives, energy, exchanges, funds
Richard Roscelli Great Pacific Trading Company-Futures Market Outlook-June 14th, 2013
Posted on 14 June 2013
GREAT PACIFIC TRADING LAS VEGAS -ECONOMIC CALENDAR & MARKET OUTLOOK- June 13th-14th, 2013 You can reach me at rroscelli@gptc.com for questions, comments, and information about opening an account with Great Pacific Trading Las Vegas. Follow me on Twitter @richardroscelli **The information and opinions contained herein comes from sources believed to be reliable, but are [...] Continue Reading
forex
US Dollar, Dead Cat Bounce
Posted on 11 June 2013
If you go back in time and read comments from 2-3 weeks ago I had called for deprecation in the dollar and the market delivered. I only bring this up because the move happened a lot quicker than I anticipated…from the high made 5/23 June futures are lower by 3.3% in just over 2 weeks. [...] Continue Reading
metals
Bearish Engulfing Candle in Gold
Posted on 01 June 2013
Energy: All yesterday’s gains were given back in Crude oil today with losses of 1.75% putting prices under $92/barrel. The 50 day MA has capped upside the last two sessions and until July gets above $94 expect sideways to down action. Above $94 I am a lot friendlier. I continue to trade my bias on [...] Continue Reading
economics
Uncle Ben is speaking tomorrow
Posted on 21 May 2013
Energy: July Crude oil held its 8 day MA on an inside day. I say lower from here but would only take small bets. My suggested play is short August futures and selling out of the money puts1:1. I’m only looking for $3-4 so if the market delivers cover. RBOB gave up 2% today failing [...] Continue Reading
agriculture
Cocoa makes your Milky Way cost less in Two Months?
Posted on 09 May 2013
Global food prices rose 1% in April, with levels now only 9% below the peak reached in February 2011, according to the United Nations. This was driven predominantly by a sharp rise in dairy prices. Considering that I can count on one hand how many times my clients and I have traded milk futures… I’m [...] Continue Reading
economics
The Option Queen Letter
Posted on 28 April 2013
The airs is full of talk of sequestration and the resulting furloughs of air traffic controllers. Naturally this mess was quickly cleaned up when our elected officials needed to avail themselves of the flights. Now there is more to this than meets the eye, of course. How much of the delay was due to sequestration [...] Continue Reading
agriculture
Corn Crops; When are Delays a good thing?
Posted on 23 April 2013
New crop corn is slow to get in the ground this year. That could mean higher prices, in my eyes. US corn planting is only at 4% according to this week’s crop progress report. This came in at the low end of expectations of 4-6%. It gets worse – the average planting progress from this [...] Continue Reading
-
CATEGORIES
- agriculture (330)
- derivatives (221)
- economics (199)
- energy (260)
- exchanges (106)
- forex (226)
- funds (106)
- livestock (124)
- metals (268)
- traders (211)
-
ARCHIVES
- June 2013 (11)
- May 2013 (16)
- April 2013 (23)
- March 2013 (20)
- February 2013 (21)
- January 2013 (10)
- December 2012 (9)
- November 2012 (11)
- October 2012 (17)
- September 2012 (14)
- August 2012 (15)
- July 2012 (14)
- June 2012 (19)
- May 2012 (17)
- April 2012 (12)
- March 2012 (6)
- February 2012 (13)
- January 2012 (17)
- December 2011 (12)
- November 2011 (16)
- October 2011 (20)
- September 2011 (1)
- August 2011 (11)
- July 2011 (17)
- June 2011 (20)
- May 2011 (17)
- April 2011 (17)
- March 2011 (15)
- February 2011 (19)
- January 2011 (13)
- December 2010 (12)
- August 2010 (1)
- July 2010 (11)
- June 2010 (12)
- May 2010 (32)
- April 2010 (45)
- March 2010 (42)
- February 2010 (31)
- January 2010 (30)
- December 2009 (17)
- November 2009 (16)
- October 2009 (16)
- September 2009 (14)
- August 2009 (8)
- July 2009 (5)
- June 2009 (4)
- May 2009 (12)
- April 2009 (15)
- March 2009 (22)
- February 2009 (22)
- January 2009 (10)
- December 2008 (7)
- November 2008 (11)
- October 2008 (12)
- September 2008 (5)
- April 2008 (1)
- December 2007 (8)
- November 2007 (15)
- October 2007 (19)
- September 2007 (17)
- August 2007 (12)
- July 2007 (13)
- June 2007 (16)
- May 2007 (18)
- April 2007 (20)
- March 2007 (22)
- February 2007 (23)
- January 2007 (22)
- December 2006 (18)
- November 2006 (25)
- October 2006 (22)
- September 2006 (16)
- August 2006 (16)
- July 2006 (23)
- June 2006 (23)
- May 2006 (27)
- April 2006 (21)
- March 2006 (21)
- February 2006 (1)
- January 2006 (2)
- December 2005 (3)
- November 2005 (15)
- October 2005 (27)
- September 2005 (6)
- August 2005 (21)
- July 2005 (20)
- June 2005 (19)
- May 2005 (21)
- April 2005 (20)
- March 2005 (23)
- February 2005 (20)
- January 2005 (19)
- December 2004 (17)
- November 2004 (21)
- October 2004 (21)
- September 2004 (22)
- August 2004 (17)
- July 2004 (15)
- June 2004 (9)
- May 2004 (27)
- April 2004 (2)
Copyright © Commodity Trader.Original News Theme by 
.
Recent Comments