Ag trade ideas

[Hedge Fund Killer]

I shorted ZC today at 392.50. My stop loss is at 393.75.

I closed my ZC trade at 383.00 today.

 

[ryker]

Took 2/3 out @ -5.5. Don't think this one will go much higher. Looking to get long on N-Z at some point.

Out remainder @ 1.

 

[ryker]

Out another 1/3 @ -0.21, keeping the rest for now.

Out last 1/3 @ -0.45.

 

[TraDaToR]

Nice trades Ryker. What was the cotton trade based on?

 

[TraDaToR]

It was my stop.

I also just shorted ZM Jul18 fly @ 1.5 this morning. I am long absolute prices but short Jul-Aug-Sep curvature as the inversion is getting too steep in the summer. I see no fundamental reason for Mar-Jul to be in contango and Jul-Oct inverted. South american supplies come earlier. Perhaps the logic is rationing will begin in July but it is a longshot.

Out yesterday @ -1.1

 

[TraDaToR]

Short CC U18/H19 @ 24.

-Seasonality
-Good level amid overbought bullish fundamentals

Out @ 123. Ouch.

 

[TraDaToR]

Long CC N/U @ -24.

- N/U is close to the low range of historical datas while the rest of the curve is bullish
- K has a super bullish delivery period

Out 2/3 @ 6. I have already made more on N/U than I lost on U/H( positions *3 ) but cocoa is too hectic.

 

[TraDaToR]

London cocoa / NY cocoa stabilizing.

 

[TraDaToR]

Out 2/3 @ 6. I have already made more on N/U than I lost on U/H( positions *3 ) but cocoa is too hectic.

Finally closed the rest @ 6 as well. These positions in cocoa( N/U, U/H and London/NY ) were way too big in my portfolio.

 

[ryker]

Nice trades Ryker. What was the cotton trade based on?

Thanks, similar to most of my trades on commodities. Where I have an indicator which gives me the direction to trade and then I trade reversals/extremes. It's all really technical I don't really use any of the fundamentals on the commos.