CURRENCIES
September Japanese Yen JYU9
FLAT – I should’ve been more attentive on the Yen and I would’ve noticed that the support kept holding so a buy order would’ve been nice above the resistance. Doh!
FINANCIALS/INDICES
March Eurodollar EDH0
Watch List – We’re getting really close here. Notice how momentum is drying up.
GRAINS
July mini- Corn @YCN9
Watch List – I’d really like to see support come in for Wednesday. That could give us a level we can work with.
July Soybean Meal SMN9
Watch List – This market is moving into a more bearish posture. If we see support we’ll be in a position to sell.
July (mini) Soybean @YKN9
Watch List – Ditto for the big Bean market.
MEATS
August Feeder Cattle FCQ9
We sold Feeder’s on Tuesday and with the low closing price the trade’s off to a good start. Momentum hasn’t kicking in yet, but I’m hoping for a continuation of lower prices for Wednesday.
CONTINUATION of Short August Feeder Cattle at 9660 (June 16)
Exit Stop: 9775 (stop)(GTC)
Approximate Risk: $575 per contract
Profit Target: 9525 (limit)(GTC)
Approximate Profit: $675 per contract
Degree of Risk: Moderate to HIGH
August Live Cattle LCQ9
We sold Live Cattle as well…
CONTINUATION of Short August Live Cattle at 8042 (June 16)
Exit Stop: 8217 (stop)(GTC)
Approximate Risk: $700 per contract
Profit Target: 7917 (limit)(GTC)
Approximate Profit: $500 per contract
Degree of Risk: Moderate to HIGH
SOFTS
July Cotton CTN9
Finally. After making us sweat for over a week the Cotton trade came through with our profit target!
COMPLETION of Short July Cotton at 5460 (June 
Profit Target: 5280
Approximate Profit: $900 per contract
