Aug Feeder Cattle.

Quote from criveratrading:

nice link and post, traderaaa. very pro.

how do i get to install demark setups? tradestation? IB?
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There is no way I know of to install DeMark indicators. Bloomberg and CQG do have some of them but Bloomberg terminals are $2,000 a month.

I custom programed them into Tradestation, if you need help or more info on DeMark just PM me.
 
Quote from criveratrading:

is that you on bloomberg?
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Unfortunately I don't have a bloomberg terminal, I do have bloomberg tv and that is nice to have.

That is why I have to make due with custom programed indicators in tradestation and others.

Who or what is Brevan Howard?
 
ah, mistaken identity. it's a hedge fund and I thought you were someone else.

at any rate, though I agree techs point to a long trade in corn I'm very skeptical of getting long into the Jun 30th USDA report. I think they'll adjust acreage higher and you'll have a horrid gap down opening, further funds wash out and then we set the bottom.

I use IB and am dependent on that data feed for tech charts. I'm not sure if there is a software that I can use with IB to generate these exhaution points /signals similar to the Demark countdown.

Cattle continues to make me want to buy puts into this rally. Heck , no cash trade and the back months seem too frothy.
 
Buying puts would be my trade of choice as well, probably in the feeder cattle from August but weighted more toward the deferred months. I am waiting patiently for now though, the time will come to sell one day.

As for the grains, I am ok with being early. I do think we get an acreage increase but I still think the trade to make is being long corn and wheat.
 
Quote from criveratrading:

ah, mistaken identity. it's a hedge fund and I thought you were someone else.

at any rate, though I agree techs point to a long trade in corn I'm very skeptical of getting long into the Jun 30th USDA report. I think they'll adjust acreage higher and you'll have a horrid gap down opening, further funds wash out and then we set the bottom.

I use IB and am dependent on that data feed for tech charts. I'm not sure if there is a software that I can use with IB to generate these exhaution points /signals similar to the Demark countdown.

Cattle continues to make me want to buy puts into this rally. Heck , no cash trade and the back months seem too frothy.
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Not being able to take out 115.500 in the Futures worried me a bit today. That was my target prior to 117.900. If we can't take that out tomorrow (115.500 that is) I will probably take some profit. We are showing a weakening at this top now. I've got a hard stop on all contracts at 112 flat.
 
I just honestly can't see what is driving the market. I don't know anyone that has been aggressive in the cash market. Most I know have really cut back on cattle procurement. Maybe I am just missing something.

I hate to try and outguess or second guess a market but I just can't justify the price.
 
Quote from traderaaa:

I just honestly can't see what is driving the market. I don't know anyone that has been aggressive in the cash market. Most I know have really cut back on cattle procurement. Maybe I am just missing something.

I hate to try and outguess or second guess a market but I just can't justify the price.
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Those I've talked to feel the same way but I'm holding till I see a break in the clouds.
 
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