Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Trades, anything looking interesting?/Harold

Well Japan has started a currency war which will see many markets all over the place. So "IF" you see the YEN that has steadily crashed from Sept around 130 to now at 106, rally back again it would be a short, should you be so lucky to get a bounce back. And the flip side of that makes for a bullish Japanese stock market using the ETF:EWJ which will rally with a falling YEN.

Talk is the EURO zone is very pi$$ed off with this deliberate YEN depreciation so they can compete better with exports and they also will trash their currency to compete with exports. This would boost DX which would really have an effect on many markets. Watch DX 80.27 presently but especially the 81-82 area resistance should it run that far.

Other than that if you think Bonds have topped and RATES will rise short Bonds or buy the Inverse Bond ETF:TBF when it clears $31 on a breakout, should that occur.

And Coffee has a 16 month downtrendline that was tested mid Jan at 157.40. This was also solid price resistance being the Aug & Sept lows that broke down and then was successfully tested as resistance twice in November. So clearing the downtrendline but more importantly 157.40 would be a trend change back to up.

And a market Wayne mentioned awhile back is COTTON. It has crashed from the 220 area in March 2011 to 66 last June. Price just cleared the Oct high resistance of 79.25 recently and is now pulling back for a 'test' of that breakout point. Feb to mid March is 'historically' the most bullish time of year for Cotton. Don't see anything else that is really jumping out at me.................................. And as usualy draw your own conclusions on these markets but they are worth a look......

Messages In This Thread

Trades, anything looking interesting?
Re: Trades, anything looking interesting?/Harold
Re: Trades, /Harold/Trades
Re: Trades, /Harold/ *PIC*