Support and Resistance Trading Forum

Re: Anybody got a trade idea?
By:Erich
Date: 3/17/2010, 9:13 pm
In Response To: Re: Anybody got a trade idea? (Erich)

30 Year Bonds above Wednesday's high look like a promising Buy for Thursday.

Feeder Cattle might decline this week. The Feeder trade is pretty aggressive because it's against a strong uptrend; however there is divergence in momentum indicators which suggests the market is getting top heavy. At any rate you'll want to give yourself a little room before entering so you don't get caught in the "chop".

The best of the bunch looks like a chance to SELL Lean Hogs below this week's low. I'm not a big Hog trader, but every once in a while the market gives us a very promising set up and this could be one of them.

Erich

Responses To This Message

Re: Anybody got a trade idea?
deadlydoggy -- 3/21/2010, 6:23 pm
Re: Anybody got a trade idea?
Erich -- 3/18/2010, 8:12 pm
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