BRITISH POUND RECOMMENDATION
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 RECOMMENDATION:BUY THE JUNE BRITISH POUND AT 1.9040 OR BETTER/TARGET 192.50/STOP 1.8965
TECHNICAL TRADE:MOMENTUM IS IN BULLISH TERRITORY/BUY BREAKS
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
Currency Recommendation
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.
We are buying the Canadian Dollar around 8020 using stops at 7950. The C.D. has support at 8000 while the US Dollar looks weak.
Call or e-mail for more info.
Nick Repke
Strategic Futures and Options
800-822-7734
nrepke@strategicfo.com
T-BONDS OPTION RECOMMENDATION
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 RECOMMENDATION:SELL THE JUNE T-BONDS 115 CALL AT 1.13/TARGET 0
A CROSSOVER DOWN IN THE DAILY STOCHASTICS IS A BEARISH SIGNAL.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
DOW JONES RECOMMENDATION
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 RECOMMENDATION: SELL THE JUNE DOW JONES AT THE MARKET (CURRENTLY AT 10240) & SELL ANOTHER UNIT AT 10190.
TARGET BETWEEN 9840-9775/STOP CLOSE ONLY ABOVE 10275
I THINK THAT A DOUBLE TOP AT 10256 IS GOING TO BE A SIGNIFICANT NEAR TERM TOP.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
SOYMEAL/BEAN OIL SPREAD
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 RECOMMENDATION:BUY AUG SOYMEAL/SELL AUG BEAN OIL AT MARKET
SEASONAL TENDENCY FOR SOYMEAL TO GAIN ON BEAN OIL DURING THIS TIME. ALSO, CURRENT WEATHER CONDITIONS SHOULD SUPPORT THE TRADE.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
SHORT TERM B. POUND AND US BOND 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.
Sell June British Pound 1.9069 stop,
Consider a stop loss on a close above 1.9167
Sell June US Bonds 113.21 stop
Consider a stop losss on a close above 114.20
Coffee Trade Recommendation
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 RECOMMENDATION:BUY JULY COFFEE AT 120.00/TARGET 152.00/STOP BELOW 116.00
WITH THE COFFEE MARKET MOVING ABOUT 10 CENTS IN THE LAST TWO SESSIONS TRY TO BUY A BREAK BACK AT THE FIRST SUPPORT AT 120.00.
INTERNATIONAL FUTURES GROUP
ANTHNOY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
Dow Jones Recommendation
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 RECOMMENDATION: SELL THE JUNE DOW JONES AT 10230/TARGET 9750/STOP CLOSE 10375
TECHNICALLY, THE STOCK MARKET HAS BROKEN DOWN. SELL A RALLY.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
CORN RECOMMENDATION
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 RECOMMENDATION: BUY DEC CORN AT THE MARKET
WITH THE EXTREME OVERSOLD CONDITION & RELATIVELY CHEAP PRICE, MAJOR FUND POSITIONING COULD CAUSE THE MARKET TO MOVE HIGHER INTO THE SUMMER.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
LIVE CATTLE SPREAD
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.
REPRINT:BUY AUG LIVE CATTLE/SELL JUNE AT 2.00 TO THE AUG SIDE/TARGET -1.00/STOP 3.50
BIG OPEN INTEREST IN JUNE & THE ROLL COMING UP BY MAY 1ST, A BOUNCE NEAR TERM IN THE MARKET OVERALL MAY PROVIDE AN ENTRY FOR THE SPREAD.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOT ACCOUNT EXECUTIVE
(800)786-4475
BUY MEAL/SELL BEAN OIL SPREAD
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.
SEASONAL TRADE:BUY JULY SOYMEAL/SELL JULY BEAN OIL AT MARKET
BIG NOPA STOCKS, SEASONAL TENDENCY FOR MEAL TO GAIN ON BEAN OIL DURING THIS TIME PERIOD.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
Live Cattle Spread
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.
BUY JUNE LIVE CATTLE/SELL AUGUST LIVE CATTLE @ 2.00/TARGET -1.00/STOP -3.50
WITH A BIG OPEN INTEREST IN JUNE CATTLE & THE ROLL COMING UP BY MAY 1ST, A BOUNCE NEAR TERM IN THE MARKET OVERALL MAY PROVIDE AN ENTRY POINT FOR THE SPREAD.
INTERNATIONAL FUTURES GROUP
ANTHONY WOODS
SENIOR ACCOUNT EXECUTIVE
(800)786-4475
Lean Hog Trade Recommendation
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.
Buy June Lean Hogs at 77.50/Target Price 80.30/Stop 76.40
The USDA raised their estimate for 2005 pork exports to 2.53 billion pounds from 2.285 billion pounds estimated last month. The 245 million-pound increase in exports offset an adjustment higher in production of 135 million-pounds. Also, the bullish setup for the COT report adds a positive tone.
International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony@ifgfutures.com
Cocca Trade Recommendation
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.
The daily Cocca stochastics gave a bullish indicator with a crossover up. The stochastics are rising from oversold levels, which is bullish. Email tony@ifgfutures.com for specific recommendations with stops.
International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
Crude Oil Recommendation
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 Recommendation:Buy May Crude Oil at 54.00 today/Target 60.00/risk to 52.00
Crude Oil has hit the target on our short position. I like buying a big break this week.
Anthony Woods
International Futures Group
Senior Account Executive
www.ifgfutures.com
Dow Jones Recommendation
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 Recommendation:Sell the Dow Jones at 10550/Target 10300/stop 10675
I think a pullback in Crude Oil will give you a chance to sell a rally in the stock market.
International Futures Group
Anthony Woods
Senior Account Executive
www.ifgfutress.com
Crude Oil Recommendation
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 Recommendation:Sell may Crude Oil at 57.50/target 54.00/stop close 58.20
The market looks like it has made a double top & you had a daily reversal today. Also, the market is slightly overbought & emotions are getting ahead of the market.
Retracement Levels in May Beans
Note that 50% of the way back in May beans is 596.25 (1/2 of 691.5 - 501). This run took 27 days so, 1/2 of that move is approx 13-14 days. This occurs on 4-5 or 4-6-05 . In other words, price and time square on Tues, Wed this week at 596.25. Also, the anniverary high of last year's beans was on 4-05-04.
The bottom line is, expect a test of 596.25 by Wed in May Beans.
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.
