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Fed- Says More Inflation Good,


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If the Federal Reserve Bank said 1 1/2% inflation good would mean no game. Also means overshoot over 2%. Yes soybean longs may have much more pain but if you didnt sell those resistance Trend lines, or sell beans $1.50 over wheat , you missed out in my opinion. Cattle, see site today.


Then maybe consider you never sell your beans. I used to say in the soybean pit that farmers were the biggest gamblers I ever witnessed. I respect that just as much as a fellow big shot floor trader. I treat your capital just as if it were my own becuase I know what its like to lose big money. I also have lived on the other side of the tracks where successful trades were the norm rather than the exception.


This is why I suggest we must use a stop to stay fresh, keep loses to a minimum and take shots at my explicit levels from which I determine where in my view, high frequency algos play to the second sometimes. Yes within a minute, certain specific times of day if looking for a turn withinlonger term perspectives. The point being is that do my best to get you on the right side of the market.
Jap Nikkei- getting tattooed, > 6 mos. Pay attention for tremors now!.


Corn- into 1st buy level todays low 3.50 basis March, OL s under. Falling knife bulls beaten, Ag Bankers worried. Oh my.
Inflation running hot

MANAGED EXPECTATIONS! This is what FRB is embarking on now, full steam ahead so get ready to buy low tick in corn, please call or email me. Its busy but real traders multi-task 20 things, right?


S&Ps- alert is game on. Yesterdays lines at high and low now over. Does it look just like bonds at target tops 177.-ish? Yes.
Bigger ranges and opportunity playing algo lines means its time for 2nd account for exposure, which means today. Ask for the link today.
ARp@WalshTrading.com

https://portal.straitsfinancial.com/user/register.aspx?brokerid=268

Todays 3 pm Webinar charts are on Walshtrading.com

https://walshtrading.com/todays-webinar-macro-latest-charts/

2018 appears exciting and to imply big volatility. Year-end trades with tax implications provide fast vertical moves like in June. Next year selling!

Last year in wheat? When? I am the trade idea guy which is rare but like in the former pits. Hogs- pattern flashing blue diamonds on this machine. Longs in meats up to there eyeballs, LCZ levels live today 1.19-ish in this 1.27.35 lmt up Olive sell algo suggested. It took a week, I thought faster. Risk now changed.
Are there 500 more guys out there that need a few thousand long of each? Not surprised if $50 bil a month but just wait.

Balance of payments.
Pressure valve- 30 year 2.80% against inflation rate.?




Todays webinar should be as lively as the live olives and Macro trendlines when they turn.



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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 Nasdog.com, 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
Email: arp@walshtrading.com

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