Commitment of Traders Sell Signal in Australian Dollar

Key Reversal Bar Triggers Short Sale in Australian Dollar

November 11, 2012

This trade setup is merely a random sample of the day’s trades generated by COT Signals. To track our work their and receive all of our nightly trading recommendations, click here.

This morning’s trade in the Australian Dollar Futures ties uses both fundamental and technical analysis. Fundamentally, the commercial traders are bearish on the Australian Dollar. Recent speculative buying pushed the market to overbought levels heading into Friday’s trade.
Technically, we saw just how weak the speculative hands are in the market as the Australian Dollar put in an outside day closing below Thursday’s low. This is especially important as Friday’s high marked a new 30 day high and was followed by an immediate washout.
We are selling the Australian Dollar Futures and placing a protective buy stop at Friday’s high of 103.84. This represents about $600 in risk at current market levels.

Key Reversal Bar in Australian Dollar Futures

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ANDREW WALDOCK
866-990-0777
This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by Commodity & Derivative Adv. The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results.

Commercial Traders Sell Soybean Oil Futures

September 6, 2012

This trade setup is merely a random sample of the day’s trades generated by COT Signals. To track our work their and receive all of our nightly trading recommendations, click here.

Commercial Trader Selling in Bean Oil Futures

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Commercial traders have been aggressively selling soybean meal since the July high of 55.19. This is a clear adjustment in their expectations of the soybean crush as soybean by products become less desirable as feed to their increasing cost. Yesterday’s inside bar coupled with a Commitment of Traders sell signal provided a low risk entry for a counter trend trade. We sold soybean meal futures on the overnight penetration of yesterday’s low at 55.25. Normally, we would place our protective buy stop at the swing high. However, the inside bar setup allows us to place our stop tighter, at yesterday’s high of 58.24. We are looking for a 1/3 retracement from the June lows through this week’s high. This gives us a target of 55.17.

ANDREW WALDOCK

866-990-0777

This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by Commodity & Derivative Adv. The risk of trading futures and options can be substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results.