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The Grain Trader Update Blog

Grain Commodity Futures Trading And Technical Analysis

March 19, 2010
 

Trading Tips On Video

I’ll start out with an update on the grain market;

Chicago wheat futures have made a good move up, just like I expected.

Corn has moved up too, but indicators are moving lower and I don’t like investing in things that are too questionable, except when I gamble. I expected corn to move up, but the volitilty is very high, and is not a good investment for prudent investors. Corn also seems to be leveling off, but I am not making any definite calls right now.

Oat futures haven’t moved much after breaking resistance, just like I thought. They seem to be leveling off and may be ready for a fall.

Soybeans have hit resistance, and could be ready for a fall because indicators are falling.

A lot of people think the floods in Iowa may increase commodity prices, and that may be so in the longer term, like USA Today posted:…Read Here,but I will only comment on the short term market action. If I think the markets are making a move, I’ll let you know.

Don’t forget to watch the Traders Whiteboard series #7 video. It covers some chart patterns that produce profits. Watch it by clicking on the link below.

Watch Traders Whiteboard #7

I would also like to ask you to check out my page at Inside Futures.com, they asked me to join a while back, and I regret that I had too many projects going on to start my documentary for them. But I am focusing on it now.

Inside Futures is owned by CRB, (Commodities Research Bureau) and you know you can trust them because they have been around since before I was born, and they are still profiting.

I won’t make a post there untill tomorrow, so go there tomorrow and check out some more trading tips. I hope it will give you an edge.

Here’s my link. You can read my futures market commentary on Inside Futures, tomorrow.

I also want to thank my loyal subscribers, and I hope to bring more profit to their trading.

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Grain Commodity Futures Trading, Grain Commodity Futures Market Predictions

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