Thursday, May 24, 2007

T-Bonds, Beans & Sugar

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.

Trade Rec: Buy June T-Bonds @ 109-05/Target 110-00/Stop Close 109-00
Bought June T-Bonds @ 109-05 today

Looking for a bounce

Sell Nov Beans @ 835/Target 820-810/Stop 845
Sold Nov Beans @ 835 today

Overbought/due for a break

Both trades counter trend trades

Buy July Sugar @ 8.80/Stop 8.57/Target to come later

Sold a July Lean Hog @ 74.75 today/Long from 74.75

Buy June Live Cattle/Sell Aug Live Cattle @ Market (current price -15)Target +2.00


Current Positions: Long July Coffee @ 105.00/Target 115 for aggressive traders/conservative traders took a profit around the 111.00-113.00 area
Short Canadian Dollar @ 9250 from 5/25/Stop Close 9265
Long Dec Cotton @ 54.70/Stop 52.50/Target to come later
Bought June T-Bonds today @ 109-05/Stop Close 109-00
Sold Nov Beans @ 835 today/Stop 845
Long June Lean Hogs @ 74.75/Sold Today @ 74.75
Long Dec Cotton/Short July Cotton @ 3.82/Target 6.20
Long Nov Beans/Short July Beans @ 22/Try to take a profit today at 30
Long July Corn/Short Dec Corn @ 22

International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony@ifgfutures.com

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