Ag trade ideas

[TraDaToR]

Lean Hog butterfly (Z7-G8-J8) - Long around -1.6.
View attachment 179089
Or as an alternative short on G8-J8 as I believe it will catch up Z7-G8 (I am short on Z7-G8 @ -3.8).

What is the idea behind this trade?

 

[ryker]

I have a signal which gives me which side to trade based on some analysis, then I trade based on technicals. So at the moment, my signal gives me short on Lean Hogs.

Z7-G8 had a leg down:

While G8-J8 didn't move:


PS: There was a typo on my previous post, I meant short G8-J8.

 

[TraDaToR]

Long ZM Z17/H18 @ -2 based on :

https://www.reuters.com/article/us-...eal-quality-may-lift-feed-costs-idUSKBN1CZ0D6

 

[ryker]

Lean Hog butterfly (Z7-G8-J8) - Long around -1.6.
View attachment 179089
Or as an alternative short on G8-J8 as I believe it will catch up Z7-G8 (I am short on Z7-G8 @ -3.8).

I stopped @ -3.5, watching for the next short signal.

 

[ryker]

My timing on LH was really off...

Went long SBH8-K8 this morning at -0.11:

 

[TraDaToR]

Similar to my long K8-N8...

 

[TraDaToR]

Went long Oats Mar/May yesterday @ -5 after WASDE.

- Production is low. Supply is tight:http://usda.mannlib.cornell.edu/usda/current/SmalGraiSu/SmalGraiSu-09-29-2017.pdf
-Spreads are currently in deep contango, as if supply was ample.

 

[ryker]

Went long Lean Hogs Z7-G8. Short pressure is finished and we are on a low, the spread should recover before expiration:

 

[Rachmaninov]

Yes, this one looks good, why do say that short pressure is over ?
When you look at LH V7-Z7 you can see that it went well below classic level. So be careful^^
It's likely to high vol !

 

[ryker]

It's based on my main indicator for the trade direction and a volume forecast which shows that we should have hit the peak volume for this contract. I'll stop/exit if I don't see a reaction on these levels within the next few days.