Commodity, Futures, Forex and Everything in Between

LEE GAUS THURSDAY UPDATES AND NEW SHORT TERM RECOMMENDATIONS

YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Short term trades

Short term Trades

Sell Dec Corn 2.69 ½ stop, consider a stop loss at 2.86
Sell July Breans 5.90 stop, consider a stop loss at 6.11 ½
Buy July Sugar 1523 stop, consider a stop loss art 1498

Long term trades

Bot July Corn/Sold July Oats @ 62 ½, consider a stop loss on a Thursday close below 49 ½

Bot 2 July Corn @ average price of 252 1/4, consider a stop loss below 2.39 ½ on a Thursday close
Bot July Wheat @ 392 consider a stop loss below 363 on a Thursday close


Buy August Cattle @ 7940
Sell July Lumber @ 310.00

Bot 2 June Canadian Dollar contracts @ average price 90575 consider a stop loss on a Thursday close below 9008
Bot 2 June J. Yen contracts @ average price 8947 consider a stop on a Thursday close below 8826
Sold June Dollar Index @ 8450 consider a stop loss above 8601 on a Thursday close

Sell July Coffee @ 106.00
Sell July Sugar @ 1590

HIGH RISK TRADE Sold August Gold @ 650.00, consider a stop loss on a Thursday close above 687
HIGH RISK TRADE Sell July Silver @ 1235.00, consider a stop loss on a Thursday close above 14.23
HIGH RISK TRADE Buy Sept Bonds @ 106.24
HIGH RISK TRADE Buy July Bellies @ 8250

Bot 2 August Heating Oil @ average price 2.03, consider a stop loss on a Thursday close below 1.9800
Bot 2 August Unleaded @ average price 2.10 consider a stop loss on a Thursday close below 1.9750
Bot 2 August Crude @ average price 72.25, consider a stop loss on a Thursday close below 7460

posted by Lee Gaus @ 4:36 PM