August Cattle (elec.)

After the close recap on 7/6/10: My resistance was 91.00, .15 from the actual high, and my pivot acted as support and was 89.57, the EXACT actual low

' /> August Cattle (elec.) Daily Numbers & Trade Ideas for 7/6/10 | AGWEB.com

 
Apr 18, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin


Hedging Corn and Soybeans

RSS By: Howard Tyllas, AgWeb.com

Howard Tyllas is currently a member of the Chicago Board of Trade and registered with the Commodity Futures Trading Commission as a floor broker and as a Commodity Trading Advisor.

August Cattle (elec.) Daily Numbers & Trade Ideas for 7/6/10

Jul 06, 2010



This report was sent to subscribers on 7/3/10 3:00 p.m. Chicago time to be used for trading on 7/6/10. Everything is done by Howard Tyllas, no program or black box.

August Cattle (elec.)

After the close recap on 7/6/10: My resistance was 91.00, .15 from the actual high, and my pivot acted as support and was 89.57, the EXACT actual low

Subscribe now! See for yourself why the second year of service had quadrupled my subscriber base. Do yourself a favor and get your numbers after the market is closed to be used for the next session trading. Ask yourself how much would it have been worth to read my comments and get my numbers 14 hours before today's open outcry? 

We cannot post every market, if you are interested sign up for free & get "how I use my numbers".

Sign up For Free 1 Day Trail of Daily Numbers & Trade Ideas

 Sign Up for Learn a better way to hedge for farmers



91.00                         

90.50                          

--------------89.57       Pivot 

88.75 FG                           

88.10                    

87.27 FG                          

Trend                       88.45  is the 200 day MA    

5 day chart....…      Down (last week same day)                                                          

Daily chart   ……   Sideways                 

Weekly chart …….Up                     ATR 1.17

Monthly chart....    Sideways           Balanced 60%



I continue to say "Bracket line is support and as long as the market holds there the longer term bullish trend remains intact". "Bulls left a "spike low" from Tuesday which is a bullish chart signal".

August Cattle (elec.) for 7/6/10:

Bull channel is forming. Gap from Tuesday at 88.75 should hold or the bulls will be on shaky ground.  

 In my daily numbers on Friday; my resistance was .07 from the actual high, my support was .10 from the actual low.    

Notice how I use the open outcry chart to locate gaps, but I do my numbers for the electronic market as always. Open outcry is where I find the major players doing business.               

August Cattle (elec.) for 7/5/10:

Cattle: Spot on numbers! This chart could go either way today, so I would only day trade the numbers without bias today.

Results for 7/2/10 were:

Soybeans: My resistance was .04 3/4 from the actual high (only .00 1/2 away in open outcry); my support was .01 1/4 from the actual low.

Corn:    My resistance was .01 from the actual high; my support was .00 1/4 from the actual low. 

Crude Oil: My resistance was .06 from the actual high; my support was .43 from the actual low.

S&P:    My resistance was 8.50 from the actual high; my support was 4.75 from the actual low. 

Gold:     My resistance was 0.50 from the actual high; my support was 2.80 from the actual low. 

Euro:    My resistance was .67 from the actual high; my support was .80 from the actual low. 

Bonds: My resistance was 10 from the actual high; my support was 5 from the actual low. 

Nat. Gas: My resistance was .063 from the actual high; my support was .055 from the actual low.   

Cattle:  My resistance was .07 from the actual high; my support was .10 from the actual low. 

August Cattle (elec.) for 7/2/10:

Cattle: Spot on resistance but not helpful support. I want to trade the numbers today without bias.

August Cattle (elec.) for 7/1/10:

Cattle: Accurate numbers. Bulls showed their horns and are gaining momentum. Gap below will be key support going forward so I want to buy the pivot today, and if below there when open outcry begins I want to buy support, but I would only risk .40 on the trade idea.

August Cattle (elec.) for 6/30/10:

Cattle: Accurate numbers. I want to sell the resistance and not risk more than .40 on the trade idea.

Results for 6/29/10 were:

Soybeans: My resistance was .04 3/4 from the actual high; my support was .01 1/4 from the actual low.

Corn:    My resistance was .01 3/4 from the actual high; my support was .03 from the actual low. 

Crude Oil: My resistance was .11 from the actual high; my support was .04 from the actual low.

S&P:    My resistance was 3.50 from the actual high; my support was 19.75 from the actual low. 

Gold:     My resistance was 4.20 from the actual high; my support was 2.40 from the actual low. 

Euro:    My resistance was .06 from the actual high; my support was .20 from the actual low. 

Bonds: My resistance was 8 from the actual high; my support was 9 from the actual low. 

Nat. Gas: My resistance was .064 from the actual high; my support was .067 from the actual low.   

Cattle:  My resistance was .37 from the actual high; my support was .30 from the actual low. 

August Cattle (elec.) for 6/29/10:

Cattle: Accurate numbers. 200 day moving average has been helpful support. I would trade this chart today without bias at this location, with gaps located just above and below the pivot.

Subscribers of 6 months or longer have seen this 3rd time at the down or uptrend line works a high % of time, and the risks are minimal when it does not hold, and rewards you nicely when right. No matter what market you trade, learn this tool that I have relied on for decades, and my instilling courage to believe in this in you that took me so long to truly believe in. I take these trades every time when possible, and in the long run in my years it has truly been a casino bet for me and not a player, and are the ones most worth taking. See for yourself and if you see this pattern works, start to incorporate it in how you use it to trade with. 

Want to know what I think for tomorrow and going forward?

The 9 markets now covered daily are Soybeans, Corn, Crude oil, S&P, Euro FX, 30 yr TBond, Gold, and  Natural Gas and Cattle

My numbers usually are sent at least 12 hours (via your email) in advance of the next day open outcry session. Subscribers use them as best suited to their own needs and sometimes that involves the overnight trade.

 Find out why my subscribers from Canada, China, Czech Republic, Germany, India, Switzerland, South Korea ,Turkey  and the UK keep renewing this service.

HowardTyllas Daily Numbers & Trade Ideas cover 9 markets for less than $10 a day,

HowardTyllas Daily Numbers & Trade Ideas is designed to help you plan your trading strategies for the coming day.

$199.00 USD for each month, renewable monthly

HowardTyllas Daily Numbers & Trade Ideas $ 199.00

HowardTyllas A Weekly Newsletter $479.00 Yearly

Feel free to email with any comments or question you:  www.howardtyllas@howardtyllas.com

www.farmerhedge.com 

www.howardtyllas.com          

www.futuresflight.com 

 

           May Your Next Trade Be The Best                          

                     Howard Tyllas            

  

Disclaimer:     No guarantee of any kind is implied or possible where projections of future conditions are attempted. Futures trading involve risk. In no event should the content of this be construed as an express or implied promise, guarantee or implication by or from Howard Tyllas, that you will profit or that losses can or will be limited in any manner whatsoever. No such promises, guarantees or implications are given. Past results are no indication of future performance.

 

 

Log In or Sign Up to comment

COMMENTS

No comments have been posted, be the first one to comment.
 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions