Long June Hogs Signal - HEM22Entry 12225
Stop 117.70
1st TP 126.90
hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown. in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
one of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. in addition, hypothetical trading does no involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. there are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
HE1! trade ideas
Lean Hogs With Oil Futures CorrelationsLean Hog has a gap below that has me intrigued but I am not sure how or if it will fill. I will also note this interesting but obvious correlation that I found with oil. We have some interesting inverse correlations on 2/18, 3/17, 3/25 among other days but otherwise similar chart patterns between the two. I am not sure how or why lean hogs front ran the oil pump 2/14 - 2/25 I would be curious to anyone's thoughts on this. Just general observations from a neutral stance.
HogsContinuous Hogs- Weekly: Currently plotting against the February contract. Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points. The Red uptrend line off the Covid Crash low is trying to maintain the overall strength in Lean Hogs. A firm break below could find support at any of the dashed downtrend lines…
Upside into the first half of 2022 show multiple areas competing with last years strength
HE - Lean Hogs A few years back, China had amassed a 2.6 Year Supply of... you guessed it... Bacon.
Pork Bellies to be precise.
China, yeah, naw, they are not big on Bacon for breakfast, lunch, or dinner.
Frozen Bellied piled up and piled up for months on end.
Piggies have filled the Gap again.
The Potential for reversals in many commodities is rising, even for BAKE ON.
Lean hogs breakout imminent Following a natural gas crunch hurting European countries , pig farmers have sounded the alarm that CO2 supplies are low hence could slow down pig slaughter. I expect this to push the price of pork around Europe and around the world higher.
Should a flag break out occur, there's a huge gap (20%+) waiting to be filled.
Continuous Lean HogsContinuous Hogs- Weekly: Currently plotting against the Oct contract. Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but hogs turned lower off the touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets….
Further risk in the 75.00 – 70.00 area for 4th qtr Hogs or around the 1st week of October
Hogs 8.17.21 Hogs Part 2 This is part two you should start with part one. using hogs as an example, but this is about the process of trading so that you can trade any market of interest. They say TRADE WHAT YOU SEE, But at some point you need to learn that you will have to be very diligent to keep your tools in mind. In a way it is like needing to put your glasses on before you can see anything, and it's a little more precise to say that your mind actively runs a list of important tools that you use, and a mental checklist so that you don't forget about those tools. It would be like karate where it takes many many years of repetitive behavior that results in a familiarity for you to be proficient. Trading is like this. Even if you're very familiar with the tools that you use, you can still miss them. A lot of times you had enough information without those tools and you will get away with it. What many traders will find in the course of learning how to trade is that they will run across some epiphanies, incredible insight that feels amazing... because it is. But six months or a year later it may occur to them, as good as that insight was they forgot about it, it slipped away. I believe people experiences this many times in their life with regard to trading. It's not that easy to find the epiphany, but it is a lot easier than you think to let it slip away. That is what this video is about.
hogs Tesla8.17.21 Tesla warning. Live Hogs. Part 1 This video and then next video are really about process, and what I think it takes to be more consistent and more successful in your trading. This is why I believe you will benefit if you listen to this video as well as part two even if you don't trade Tesla and the live hogs.
Contnuous HogsContinuous Hogs- Weekly: Currently plotting against the Oct contract (vs the August at 104.25). Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but hogs turned lower off the touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets….
Further risk in the 75.00 – 70.00 area for 4th qtr Hogs around the 1st week of October
HE1! Continuous HogsContinuous Hogs- Weekly: The July Contract is driving the continuous chart. Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but we appear to be turning appropriately off the recent touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets….
Further risk in the 75.00 – 70.00 area for 4th qtr Hogs around the 1st week of October