rounded corner
rounded corner
top border

Feeders, LC, Hogs Bit plunge.

Bookmark and Share

Feeders, LC, Hogs Bit plunge.

So what happened last week once over my LC OLS, we saw new longs added and Big buying vertical up. I know some thought Tyson on China blow off WSJ article, an old trading rule lost amongst the HFT computer trading companies Chicago is so known for. I strive to put a story with risk stops mostly less than .50c of which we saw bounce to old TL resist after holding prev day.

Welcome to trading off abstract lines where trendlines drawn specific to (important part) conditions or events. Once under? You usually get one chance to algo scratch high frequency style but this is why I will keep it dummy simple. This is good. Use an educated risk amount to take shots. Bean oil eight weeks after an OLB at 32.35 a sell OLS hit last week, day before USDA 35.35-ish. This is what you look for and here again the safest time to trade, exit was before a report. Are you getting this mass psychology at my nemesis olive condition yet? KCZ 4.21 while ago after 40cent rally (I cant predict high tick move of course) then back under for nanoseconds, bobbs back over. Low risk at that point again. Bean call month early $9.07? Now watch heating oil if looking to short, HOEH 194-ish last, awaiting OLS few handles higher. Nat Gas- 3.21 last and into resist levels. Crude starting to break down but not conclusive to me. New high stops but watch 57.05-ish under.

(additional charts on
This needs to be simple methodology while costing millions previously, has now hopefully been corralled, attempt to explain this wed.s webinar so sign up here. See how this location might play when lines, conditions line up.
---------- SIGN UP Wed.s Webinar on the olive alogorithm. Link can be viewed later.
Sign Up Now
Meats, they still long but someone big sold my tiny hft algo sell limit up day last week combined with what I explain days late. CFTC data delayed.
I can deliver strategies early when extreme 4-8% moves are worth your attention.
BeanWheat had rally to $1.50 over, from $2.00 under. I know you saw that but levels at last two weeks highs cited. Nobody's interested in selling beans against wheat USDA. When is the safest time to trade?
Cattle 11 13

Nobody can trade all these markets but, I can put situations like these,
in the product of your choice. Its all the same patterns incorporating, in my opinion the 'panic & chaos'
algo's you dance to, because your only human. This olive line crushed me years, strike, decades.

I now think it presents value type trading opportunities if you keep it simple stupid, KISS. Commit early with open orders at my values. Ethanol guys saw this play last month on good break. Open buy would have been filled long exposure or Do Not Hedge area. Inflation theme is my view. This is grain bottom forming for years and this train is getting ready to leave. Let the low print in beans and corn print and stay tuned.
Coffee - watch last weeks highs. Get ready to get aggressive, level specific of course and use correct data if playing hard. It pays.

Hogs- Watch this 9 days hard off the one day blowoff over an OLS and into minor OLB at todays low, see Walsh todays post in bit or last weeks ideas on site. Notice last weeks beanoil olive lines.

BIt Coin- they separated something from it. Down big this am. Other part up 40% since last week. This event just happened so beware. This is just my trader sense an with futures coming. This is one dangerous product so be careful if toying with this.

Best of trading to all,

Alan Palmer

Specializing in providing timely technical advice to the AG business community. Contact me for a free outlook in your specific product.


Alan R. Palmer

Sr. Strategist

Toll Free: 1 888 391 7894

Direct: 1 312 957 8248

Fax: 1 312 256 0109


53 West Jackson Boulevard, Suite 750

Chicago, Illinois 60604

Join My Mailing List

Walsh Trading, Inc. is registered as an Independent Introducing Broker with the Commodity Futures Trading Commission and an NFA Member.
Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
All information, communications, publications, and reports, including this specific material, used and distributed by Walsh Trading, Inc. (WTI) shall be construed as a solicitation for entering into a derivatives transaction. WTI does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.

Recent articles from this author

About the author

Alan R. Palmer, Sr., is a successful independent trader and technical analyst specializing in agricultural, financial and stock index futures. He has worked primarily in the markets traded on the CME Group.

Alan started trading at the Chicago Board of Trade in 1986 in the 30-year U.S. Treasury bond pit as a local. In 1987, he bought his full membership the day of the historic crash and moved back to his passion, trading soybeans, and grains along with bonds and stocks. Moving from pit to pit as market indicators dictated, Alan used his charting calculations to spot pivotal points as markets crossed ‘key levels.’ This acumen is Alan’s specialty and now he delivers this knowledge and experience to his customer base. He offers a macro thought process to viewing markets and players as they act with predictive behavior acumen.

He began his career in the futures industry as a summer runner while thirteen on the floor of the CBOT in 1973 delivering orders and learning the rudimentary workings of the markets. He graduated from runner to phone clerk, delivery clerk during the Hunt silver squeeze, working for various brokerage firms. After earning a Bachelor’s degree from DePaul University while working full time, he began a career as a proprietary trader with Paul Tudor Jones, a world-renown money manager, where he perfected his technical analytical techniques.

Alan has appeared on CNBC, Bloomberg, CNN, and has been quoted in The Wall Street Journal, Chicago Tribune, Chicago Sun-Times, Bloomberg and Reuters newswires. He was the founder of, an independent research and charting web enterprise, based on time-tested, support and resistance calculations for predicting multi-market swings. Alan holds an undergraduate degree in Business Finance Administration from DePaul University in Chicago.

Contact Alan:
Phone: 312.957.8248 or 888.391.7894

Published by Barchart
Home  •  Charts & Quotes  •  Commentary  •  Authors  •  Education  •  Broker Search  •  Trading Tools  •  Help  •  Contact  •  Advertise With Us  •  Commodities
Markets: Currencies  •   Energies  •   Financials  •   Grains  •   Indices  •   Meats  •   Metals  •   Softs

The information contained on is believed to be accurate but is not guaranteed. Market data is furnished on an exchange delayed basis by Data transmission or omissions shall not be made the basis for any claim, demand or cause for action. No information on the site, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options contracts. is not a broker, nor does it have an affiliation with any broker.

Copyright ©2005-2019, a product. All rights reserved.

About Us  •   Sitemap  •   Terms of Use  •   Privacy Policy