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    Youngtrader's Commodity Journal

    dec kc/chi wheat spread closed down 2'2 to -23'4. Nov lumber closed down 9.30 to 274.60. Oct hogs fell through the floor today on a perfect storm senario. China did anounce that they are not accepting pork from many pork processors do to a substance that is given to the hogs to promote...
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    Youngtrader's Commodity Journal

    Well got out of my sep/dec minni wheat spread yesterday or the day before can't remember which is pretty bad but there has been alot of action going on lately in the commodity markets! I got out at -6'2 for about 2.5 cents profit which is really disapointing but it was a profit so can't...
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    Where the hell is jasonbraswell!

    Where are you at now buddy? You and all your talk of quant trading and automated models and all the other bullshit you bragged about. Dude im 17 years old and I could even realize that it was only going to lead to a disaster as soon as volatility returns and you get a couple of weeks of crazy...
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    Youngtrader's Commodity Journal

    sep/dec minni fell about 5 cents to -5'2. Just today starting to come down with any size at all. I expect this to happen again tomorrow and will probably be looking for an exit to get out tomorrow. funny thing about the sep/march my broker put in the order backwards so I actually took money...
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    Youngtrader's Commodity Journal

    Yeah there isn't a crazier market out there right now than the grains. Its a market that will definantly turn your hair grey (I think even my young 17 year old hair is getting a touch of grey to it!) Well today I just realized I can not put stops on my 2 minni wheat trades so I just hung...
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    Youngtrader's Commodity Journal

    Sep/Dec minni closed at -6. Sep/March closed at -13. Dec KC/Chi closed at -23. All worked today except the damn kc/chi. I still feel like this is quite a bargain at these levels and wouldn't be suprised if I buy more of it tomorrow. Friday we have a report out so we will see what happens...
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    Youngtrader's Commodity Journal

    sold a sep/march minni at -11 with a 2 cent stop. Once again I think we are a little overdone to the upside in this spread just like the sep/dec and with harvest about 30% done and going great with nice yeilds I expect that to help the position.
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    Youngtrader's Commodity Journal

    Sold a Sep/Dec minni wheat spread at -5 with stop at-3. Looks to be a little overdone to the upside hear. Also bought a Dec KC/Chi wheat spread again at -19 with stop at -24. Looking at some other minni spreads here will keep informed if I do anything.
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    News resources for energy futures

    I am looking for a good FREE energy futures commentary. I know sites like alaron.com has free morning and afternoon commentary for the grains and livestock from DJ but nobody seems to have anything for the energy markets. Anybody know of any site that has some good commentary? Thanks.
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    Youngtrader's Commodity Journal

    Stopped out on sep gas. Also was stopped out on my wheat spread at -17. Will look for more opportunities.
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    Youngtrader's Commodity Journal

    Wheat spread closed down 1'2 at -14. Sep gas closed down .0152 at 2.0210. Not much to say, nothing did well today but at the same time I see no reason to change. Starting to get ready for the dec minn/chi trade. Sep/Dec minni is starting to pop which might be premature but could start to...
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    Youngtrader's Commodity Journal

    Hey everyone sorry I didn't post on the thread yesterday but I have cousins over for the week so we have been busy trap shooting and fishing and all other good things. Wheat spread has lost a lot of ground lately but I STILL see no reason to get out of that trade. Instead I will look at...
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    Youngtrader's Commodity Journal

    Got out of sep gas today at 2.09. Disappointed that I did not take my money yesterday after the huge move up but still about a 1.5 cent profit so I can't really complain. Was not expecting that bearish of a inventory report this morning. Bought 1 sep gas again at 2.0198 with the idea of a...
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    Youngtrader's Commodity Journal

    Hey thanks for the advice. I have had some decent luck with seasonal trading in the past. And although I do understand that seasonal tendancies can change dramatically I would rather look at them then not at all. I also base my trading off of technicals and current fundamentals. Wheat...
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    Youngtrader's Commodity Journal

    Wheat spread closed yesterday at -8'6 This was probably because Iraq bought 50k of hrw which is good for the spread. Like I said bought the sep gas yesterday and beat me up pretty good earlier in the session. Went within 30 ticks of my stop! Came back a little bit later in the session and is...
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    Youngtrader's Commodity Journal

    Bought 1 sep gasoline around 8:45-9:00 area at 2.0756 with stop at 2.0420 Taking some heat on it currently so we will see what happens
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    Kansas Wheat versus Chicago Wheat

    Sorry didn't read all your post. The spread can stay out of wack for a long time. So far it has been a few months. But now we are starting to get some nice export demand from the HRW and that should help move it back in line with the SRW. Nazzdack I now know what makes a market Difference of...
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    Kansas Wheat versus Chicago Wheat

    You got it.
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    Youngtrader's Commodity Journal

    OK, for tomorrow I will look at getting long sep unleaded gasoline. Would love to get it done at around 2.05 area but don't think I will get the chance. Might try 2.08 or so. Will also keep a close eye on oct heating oil. Would love to get some of that bought at around 2.08-2.09 I will keep...
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    Kansas Wheat versus Chicago Wheat

    Yes that is true but they will have to bid up if they want premium KC and Minni wheat wont they? Nobody ever pays anything for poor wheat anyway. Everyone in the wheat market knows that importers mostly come for the HRW and HRS not the SRW.
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