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  1. Y

    Youngtrader's Commodity Journal

    Thanks guys for the advice I do appreciate it. ProfLogic did you get my pm last night? Well guys Im interested in a quick short in may corn today with a break below yesterday's low. I think we could set back a little in this corn but not by too much and I will look to be a buyer right...
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    Youngtrader's Commodity Journal

    Covered 569.25 $250 profit
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    Youngtrader's Commodity Journal

    Young Thanks for the advice man, I really appreciate it. I don't know why I want to go to the pits.....I guess I just really want to experience them before they are gone for good. There is just something about the action and the excitement in the pits that is addicting, not saying...
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    Youngtrader's Commodity Journal

    LOL pabst thanks for the reply but can I ask why you say this? The Twin Cities imo seem a bit dull and not much really goes on. Now Chicago on the other hand I think would be the total opposite but I only get down there to vist about once or twice a year so maybe im mistaken. By the way...
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    Youngtrader's Commodity Journal

    Ok guys help me out here Im going to be a senior in high school next year and that means that this summer I will already be applying for admission into college. But I am in kind of a rut. One side of me wants to attend college in Minneapolis or somewhere very close to Minneapolis while the...
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    Youngtrader's Commodity Journal

    Thanks Pabst! Sorry for not posting my corn trades tonight everyone, I forgot. I will make sure to start posting them again tomorrow night. All in all it wasn't a bad night but I could of done better with the corn. I have a question for you readers out there. I asked this question in...
  7. Y

    Youngtrader's Commodity Journal

    Im not holding it personally at this time but my dad might still have em on. I will ask him when I get a chance.
  8. Y

    Youngtrader's Commodity Journal

    Out of my 2 es at 1322.75 $3200 profit
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    Fork In The Road

    Sulu and ProfitPirate Thanks for the advice, I really appreciate it. However the MGEX has not merged with the cme......yet anyway. Mark Bagan our president at the MGEX was telling me not too long ago that he thinks our floor could be around another 10 years and he isn't exactly what I would...
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    Youngtrader's Commodity Journal

    Just checked the trusty old charts on futuresource (best charts around imho). I assume your talking about cbot wheat right? From what I can see the only decent support that you could lean on is 10 a bushel in may (nice round number too so it could provide to be some decent support). We do...
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    Fork In The Road

    Reaver thanks for the encouragement. Christ I sure get a lot of shit on these boards for no apparent reason either. Let me guess, these guys must of been long s&p futures right lol? Either way I would really like some advice on what to do guys. Thanks
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    Youngtrader's Commodity Journal

    I don't know about pure luck although it sure helps right lol? Grace of the big guy upstairs never hurts either! I would trade July actually for a few reasons. The first is it is new crop and we should have a big new crop coming up this year so it should be a little more tame than some of...
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    Youngtrader's Commodity Journal

    xyannix Good to hear from you and congrats on the fat profit in wheat! Although if you want to keep your sanity I would recommend staying out of that market. The wheat situation is a crazy situation. We literally have no wheat on the world market and that is what is driving the...
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    Corn - Spinning Top

    It was wheat and I learned my lesson that being a contrarian is not the safest way to make a quick buck (plus im gonna look kinda weird with grey hair at the age of 17!!!). So thats why im not too interested in the short side of the grains right now and only the long side. I realize the game...
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    Youngtrader's Commodity Journal

    Sorry guys I was going to post on friday after the close but for some reason or another I just didn't feel like updating my journal lol! Well I was right!!! I knew it, I knew it, I knew it! This fucking stock market had no place else to go but down. Problem is that the fucking thing sucked...
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    Corn - Spinning Top

    I too think we could take a little off the corn market (beans too). But be careful guys fundamentals will always trump technicals in this type of environment. Huge demand, China not exporting anymore corn and rumers are that they are going to take off the tax of imported corn in the near...
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    Fork In The Road

    Ok guys help me out here Im going to be a senior in high school next year and that means that this summer I will already be applying for admission into college. But I am in kind of a rut. One side of me wants to attend college in Minneapolis or somewhere very close to Minneapolis while the...
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    Anybody else short US 30 Bond

    Yeah bonds could get a nice pop while equities fall through the floor over the next few weeks. Although I don't see us breaking new highs because of extremely low yields and poor auctions. I also think we are getting close to a bottom in the equities but are just not there yet.
  19. Y

    Youngtrader's Commodity Journal

    Out at 554.75 $562 profit Some nice size offering around tonights gap. I seen it there earlier tonight also so it might be honest. Im looking to maybe short around that level but will keep you guys informed. A break below 552.25 and we are headed for 547.5
  20. Y

    Youngtrader's Commodity Journal

    Bought 5 may corn here @ 552.5 Looking to dump em at 556.25 tonight We came to R2 pivot and are holding ground as of right now. Paper selling seems to be tired and bids are stepping up.
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