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TFC Commodity Trading Forum

trades: lem/hem and brite chart. pig roast we hope

thanks for reminding me about brite spread chart..
after we posted i took a look at the cattle/hog spread for june: lc and lh on their terms, i use globex.
the spread looked like a retest of a low with very divergent stoch which i added to chart.
so i put it on with separate orders just after the open this morning... filled at 29.25 differential..with a lot of bottom picking nervousness or too much coffee...nah, no such thing as too much coffee.
wow..fireworks... cattle up and hogs down.. now, to try and sit on it for a few months..that is one of my weakest points.
at least we know where to put the stops..break even at worst for now...
I've been watching this spread to enter.. your post was a timely boost to confidence. thanks...
as always... enjoy your comments and posts and charts. cheers, j