feeder cattle 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.SELL JANUARY FEEDERS 113.30, CONSIDER A STOP AT 114.35
COMPLIMENTS OF TOM STREIFEL, AGRI-MARK, 701-347-0042
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.
Canadian Dollar 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 Canadian Dollar @ 8520/Target 8620-8650/Stop Close 8480
Trend points higher
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
feeder cattle 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.SELL JAN FEEDERS AT THE MARKET, BUY THE JAN FEEDER 112 CALLS AT THE MARKET
BROUGHT TO YOU BY HENRY KORNEGAY, JACKSON COMMODITIES, 1-406 248-2570
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.
Cattle 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.SELL DEC CATTLE AT THE MARKET AND BUY THE DEC CATTLE 90 CALL AT THE MARKET
THIS IS PROVIDED BY HENRY KORNEGAY, JACKSON COMMODITIES, 1-406-248-2570
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.
Japanese Yen
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 Japanese Yen @ Market (currently at 8690) Target 8800/Stop Close
Slightly Oversold & Bullish Daily Stochastics
Take a look at Tuesday's Oil/Meal Spread
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Wheat 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 Recommendations: Buy Dec Wheat @ 321/Target 335/Stop Close 317
Technical Trade
Buy Dec Bean Oil @ 23.50/Target 25.00/Risk to 22.75
Sell a Dec Meal @ 174.00/Target 163.00/Stop Close 179.00
Spread Beal Oil & Soymeal
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
Coffee & Sugar 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.
Trade Recommendations: Buy March Coffee @ 105.00/Target 110.00/Stop Close 103.00
Tighter stocks & positive technical action
Buy March Sugar @ 11.55/Target 12.20/Stop Close 11.30
Great Demand
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfuturesInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
Bean Oil/Soymeal 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 March Bean Oil/Sell March Soymeal @ Market/Target to come later/Bean oil currently at 23.82 & Meal 174.80
Tighter oil stocks & better demand/Fading demand for meal
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
Cocca 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 Recommnndation: Buy Dec Cocca @ 1385/Target 1475/Stop Close 1365
The longer-term trend has turned higher & US demand supportive
Buy Dec Bean Oil/Sell Dec Meal @ Market
Sell Dec Meal @ 174.50/Target 165.00-163.00/Stop Close 178.90
Buy Sugar @ 11.50/Target 12.55/Stop Close 11.00
Buy Dec Live Cattle @ 89.00/Target 91.00/Stop Close 88.00
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony@ifgfutures.com
Live Cattle & Soymeal 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.
Trade Recommendations: Buy Live Cattle @ 89.00/Target 91.00/Stop 88.00
Consumer demand better than anticipated
Sell Dec Soymeal @ 174.50/Target 165.00-163.00/Stop Close 178.90 or Buy Dec Bean Oil/Sell Dec Soymeal @ market
Poor meal demand
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Soymeal & Sugar 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.
Trade Recommendations: Sell Dec Soymeal @ 177.70/Target 165.00/Stop Close 182.00
Bird flu should hurt meal demand
Buy March Sugar @ 11.50 or Better/Target 12.55/Stop Close 11.00
Ethanol Demand
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
UPDATED LEE GAUS WEEKLY COMMENTS
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 DEC CRUDE 6500
SELL DEC UNLEADED 1.90
BUY DEC COTTON 5450
BUY MARCH SUGAR 1100
BUY DEC COFFEE 100
BUY DEC SILVER 7650
BUY DEC GOLD 470
BUY DEC COPPER 1.76
SELL DEC HOGS 6225
SELL DEC SWISS 8080
SELL DEC BRITISH POUND 1.80
SELL DEC JAPANESE YEN 9020
SELL DEC AUSSIE 7665
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.
Bean Oil/Soymeal 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 Dec Bean Oil/Sell Dec Soymeal @ Market(currently Bean Oil @ 24.03 & Meal @ 176.5/Target to come later
Positive fundamental news in oil/Bird flu should continue to slow meal demand
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
LEE GAUS WEEKLY 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 DEC CRUDE 6450
SELL DEC UNLEADED
BUY DEC COTTON 5400
BUY MARCH SUGAR 1110
BUY DEC COFFEE 9370
BUY DEC SILVER 7500
BUY DEC GOLD 460
BUY DEC COPPER 1.700
SELL DEC HOGS 6400
BUY DEC CORN MARKET
SELL DEC SWISS 7910
SELL DEC BRITISH POUND 1.7800
SELL DEC JAPANESE YEN 8830
SELL DEC AUSSIE 7510
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.
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.Buy Dec Corn 2.05 1/2 stop, consider a stop loss on at 2.02
Sugar & Canadian Dollar 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.
Trade Recommendations: Buy Dec Canadian Dollar @8490/Target 86.00-more aggressive traders look at 86.50/Stop Close 8420
Buy March Sugar @11.30/Target 12.00-more aggressive traders 12.50/Stop Close 10.80
High energy prices should support both trades/Buy Breaks
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Cotton stop
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.Consider a STOP on Cotton longs for Thursday at 5525 stop
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.
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.HAVE WE REACHED A LEVEL OF VALUE?
As I contemplated this article I considered the question; is it time to buy value? When I speak of buying value I am looking to see if there are any commodities so totally undervalued in price (cheap) as to be attractive due to the price alone. Example: If corn would be trading at $1.60 a bushel, the entire risk of a corn futures contract would be $8,000 dollars if corn went to zero, and frankly it isn’t going to zero. So is it a good value, a good buy? I believe Buying Value to be a valid long term trading strategy that frankly can last for several years. Therefore to appreciate the concepts of buying value understand that it is not a quick in and out trade. When you are buying value you are building a position and it is imperative to know the underlying historic lows as a measure of potential risk.
Understand that when buying value, one is not predicting the bottom of the market being traded but is of the belief that in time the market will rally above that level due to increased demand created by the lower price, or a reduction in production. The reality is that when one buys value they will probably enter the market earlier then the actual bottom exposing one to the risk of that further price decline. In order to increase the chances of success when buying value it is my opinion that one needs to significantly over margin their account so they can withstand the likelihood of the further price decline. When buying value minimum margining is the devils tool (as I discussed in my first booklet “Lessons Learned”)! So let us examine some popular and volatile commodities and see if we might be approaching value.
Soybeans: During the week of July 1, 1999 beans made a low of $4.02 then rallied into the week of April 1, 2004 when soybeans made high of $10.64, and as of this writing the recent low for November Soybeans was on September 9, 2005 at $5.68. Are Soybeans a good value buy? Well, if I knew that with any great certainty I would not be writing this article. I would be on a naked beach in Bermuda, otherwise known as NBIB. In my opinion however, given the past price history of Soybeans and the underlying USDA supply and demand projections I am hard pressed to come up with a good reason to buy value at this time. That does not mean that it is not a good time to buy value, but in just examining recent history I would not suggest one expose themselves to a potential $1.66 decline in price ($5.68-$4.02=$1.66). I would hold off buying value in soybeans. Is there a level? I need to see something in the mid-$4.00 level before I can get too excited about buying value in Soybeans.
In my opinion when industry analysts start talking about Soybeans below $4.00 it is time to start looking at buying value of Soybeans.
Coffee: This is an interesting commodity to examine. It is one of the commodities that the renowned Jim Rogers is long-term bullish on and discusses in his best selling book, “Hot Commodities”. During the week of May 1, 1997 Coffee made high of $318.00 a hundred-weight, followed by a low during the week of December 1, 2001 of $42.20, and at the time of this writing December Coffee was trading in the area of 92.50. Is it time to buy Coffee value? Remember what I said about NBIB? In my opinion however, I believe when and if coffee reaches the $70.00 per hundred weight level it is worthy of watching. If coffee happens to tumble to the $70.00 level make sure you fully appreciate the dollar value difference between $70.00 and $42.00 a hundred-weight.
Cotton: During the week of April 1, 1995 Cotton made a high of $117.00 a hundred and then dipped the $28.00 level during the week of October 1, 2001 and as of this writing the December contract was trading in the $52.00 level with near term lows having been made in the $42.00 area. Is it time to buy Cotton value? Remember what I said about NBIB? But of all the commodities that we have covered so far Cotton does get my attention. When Cotton made the recent lows at $42.00 level I did suggest that traders begin an earnest study of the Cotton market. As always the key is to realize the risk value between the $42.00 dollar level and the $28.00 level, or $14.00 dollars a hundred. Why? As I noted earlier, when buying value your first purchase will probably be your worst purchase, know the underlying risk well in advance of entering the markets.
Sugar: This is another of the commodities that Jim Rogers discusses in his book “Hot Commodities”. It is interesting to note that ever since the Rogers book hit the shelves Sugar has steadily rallied from the $7.00 a hundred- weight level to where October Sugar is trading in the area of $10.60 a hundred-weight as of this writing. Is this cause and effect? Who knows? I can remember back in my earlier career as a commodity broker Sugar was trading below $3.00 a hundred weight. A fellow broker used to proclaim that it was time to buy Sugar because it was cheaper than dirt, and it was actually cheaper than dirt. While I like the long term Sugar outlook I certainly would not recommend anyone buy Sugar based on the concept of buying value. Sugar would have to dip back in the $7.00 per hundred weight level to get my attention and then I would begin my research into the fundamentals impacting Sugar.
Corn: During the week of July 1, 1996 corn traded at a high of $5.55 a bushel. Which was promptly followed by a break in price to which bottomed out during the same week in year 2000 at a $1.74 a bushel, and recent lows were made in the December corn at $1.95. Is it time to buy value in corn? Remember what I said about NBIB? I will say that anytime corn dips below $1.90 I intensify my research into the fundamentals impacting corn, and I would recommend the same to any trader looking to buy value.
Several times I mentioned the need to research the fundamentals impacting the markets in question. In doing so I will try and ascertain is if the underlying supply demand realities have changed to where we will see an increased demand for the commodity due to the price, or a reduction in production due to decreasing margins. One must understand that low or cheap prices alone are not adequate reasons to begin value buying, they are only the beginning. As my partner of many years Steve Erdman likes to say, “When the pile is getting bigger, the price is going lower. When the pile is getting smaller the price is going higher”. When researching the fundamentals of a market that is being considered as a value buy one must try and determine if fundamentals impacting that market are suggesting that the pile is or will be getting or smaller. How does one adequately research a commodity that may be a candidate for value buying? Read! Read as many articles and research papers as you can regarding the commodity in question. If you are too busy to research it yourself then become associated with a commodity professional that understands the concept of buying value and has the resources to research the commodity in question.
Things to remember:
1) Look for commodities that appear to be undervalued
2) Be willing and able significantly over margin
3) Do the research to determine the status of the “pile”.
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.
Cattle and Canadian Dollar Counter trend trade
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 Dec Canadian Dollar at 8535 stop, consider a stop loss at 8442
Sell Dec Cattle 9085 Stop, consider a stop loss at 9185
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.
Interesting Wheat 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 March KC Wheat/Sell July KC Wheat at market (or around 8 cents)
Looking for a possible move to 40 cents
For the rational call 701-347-0042 and ask for Tom. Tell him Lee sent you!
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.
Lean Hog 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 Lean Hogs @ 63.80/Target 65.00-65.50/Stop Close 63.00
Technical Trade
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Did you short the Dec Swiss Franc?
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.If so you may want to liquidate at the market and claim the profit. If you want to press the situation further you can try for the 7765 level.
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.
Counter Trend Cattle trade for Tuesday
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 Dec Cattle at 9085 stop, consider a stop loss at 9185.
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.
Bean Oil & Sugar 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.
Trade Recommendations: Buy Dec Bean Oil @ 23.50/Target 25.70/Stop Close 22.75
Momentum studies are trending higher
Buy March Sugar @ 11.20/Target 12.00/Stop Close 10.80
Ethanol demand supporting this trade
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
LEE GAUS WEEKLY 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 Dec Swiss Franc @ 7890
Sell Dec Bonds @ 115.00
Buy Dec Cotton @ 5490
Buy Dec Wheat @ 333 ½
Buy Dec Silver @ 750.00
Buy Dec Gold @ 455.00
Buy Dec Copper @ 170.00
Buy Dec Cattle/Sell Dec Hogs @ 2500
Buy Feb Bellies @ 9100
Buy Dec Cattle @ 8900
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.
Bean Oil & Sugar 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.
Trade Recommendations: Buy Dec Bean Oil @ 23.50/Target 25.50/Stop Close 22.75
Technical Trade/Momentum studies are trending higher from mid-range
Buy March Sugar @ 11.00/Target 12.00/Stop Close 10.60
Ethanol demand supporting this trade
Remember, we were only looking for a correction in the Meal/Bean Oil Spread
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Coffee & Sugar 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.
Trade Recommendation: For Aggressive Traders Only:Buy Dec Coffee @ 92.75/Target 97.00-more aggressive traders 102.00/Stop Close 89.50
Tightening supply & momentum studies are rising
Buy March Sugar @ 11.00/Target 12.00/Stop Close 10.60
Ethanol demand supporting this trade
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Soymeal/Bean Oil Spread 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 Soymeal/Sell Dec Bean Oil @ Market/Short-term trade/Trying to make $500-$600 per spread
Oversold spread/Trying to trade a market extreme
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
Canadian Dollar 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 Canadian Dollar @ 8565/Target 8650/Stop 8505
You might want to take your profit in March Sugar. Currently at 11.71/Overbought
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
Live Cattle 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 Dec Live Cattle @ 90.30/Target 88.50-88.00/Stop Close 91.00
Technical sign of a short-term top
For a Free Copy of An Introduction to Trading in Futures go to
www.ifgfutures.comInternational Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
