Get started
Live Cattle FuturesLive Cattle FuturesLive Cattle Futures

Live Cattle Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts Options

LE1! trade ideas

LIVE CATTLE FUTURES (APR 2019), 1D, CMETrading Signal Short Position (EP) : 127.4 Stop Loss (SL) : 128.2 Take Profit (TP) : 125.325, 124.025 Description LEJ2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (127.4) and place stop after 0.618 level (128.2). Once the position was hit, place take profit before an agreement (125.325) and 124.025 Money Management Money in portfolio : $1,000,000 Risk Management (0.5%) : $5,000 Position Sizing $0.025 = +-$10/std-contract Commission fee = -$5.8/std-contract EP to SL = $0.8 = -$320 Contract size to open = 15 standard contracts EP to TP#1 = $2.1 = +$830 EP to TP#2 = $3.4 = +$1,350 Expected Result Commission Fee = -$87 Loss = -$4,800 Gain#1 = +$6,640 Gain#2 = +$9,450 Total Gain = +$16,090 Risk/Reward Ratio = 3.27
CME:LEJ2019Short
by SuppasitWechprasit
cattle-another global growth storyit appear a trend change is about to happen in the cattle market. in my opinion supply outweighs demand and will soon influence cattle pricing. trend changes are fairly normal may take sometime to correct. tomorrows WASDE and other influencing factors may give traders insight post gov shutdown. current curve is backwardated meaning front month futures are trading at a premium compared to back months. calendars and diagonals are optimal here. remember agriculture and live stock have been flying blind since shutdown effected USDA reporting.
CME:LE1!Short
by The_dumpster_diver
LIVE CATTLE FUTURES (APR 2019), 1D, CMETrading Signal Short Position (EP) : 126.95 Stop Loss (SL) : 127.65 Take Profit (TP) : 125.55 Description LEJ2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (126.95) and place stop after 0.618 level (127.65). Once the position was hit, place take profit before an agreement (125.55) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.025 = +-$10/std-contract Commission fee = -$5.8/std-contract EP to SL = $0.7 = -$280 Contract size to open = 10 standard contracts EP to TP = $1.4 = +$560 Expected Result Commission Fee = -$58 Loss = -$2,800 Gain = +$5,600 Risk/Reward Ratio = 1.94
CME:LEJ2019Short
by SuppasitWechprasit
LIVE CATTLE FUTURES (FEB 2019), 1D, CMETrading Signal Short Position (EP) : 124.95 Stop Loss (SL) : 125.475 Take Profit (TP) : 123.9 Description LEG2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (124.95) and place stop after 0.618 level (125.475). Once the position was hit, place take profit before an agreement (123.9) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.025 = +-$10/std-contract Commission fee = -$5.8/std-contract EP to SL = $0.5 = -$210 Contract size to open = 13 standard contracts EP to TP = $1.1 = +$420 Expected Result Commission Fee = -$75.4 Loss = -$2,730 Gain = +$5,460 Risk/Reward Ratio = 1.95
CME:LEG2019Short
by SuppasitWechprasit
Live Cattle Elliott Wave Idea Live Cattle futures appear to be coming to and end of a multi year correction phase. If WXY completed at $94.6 then the motive phase may already have begun, however, if the $130 highs seen during 2017/18 were just X2 of WXYXZ then price may fall further; in WXYXZ Z must be equal or longer than X2 which suggests a double bottom at $94.6. Some details on the waves: Wave 1; appears to be a leading diagonal > An ending diagonal for wave 5 of 5 (of 1) > The big WXYXZ; made up of multiple 3 wave (ABC) structures >
CME:LE1!
by Joseph_King