Coffee & Sugar#11 More patience required on these markets. Will become more interested when we get PA above the trendlines shown. Will not rush an entry on these as when the downtrend ends there will be plenty of upside available.

MPB Journal

Soybean Oil Interesting moves Friday, Beans and Oil pulled back pretty sharply but Oil was somewhat steady. Is this bullish? Not sure really but Oil appears to be a bit more resilient to downside pressure so I guess that is a positive thing.

MPB Journal

Weekly Update Open Positions Soybean Oil - [email protected] [email protected] [email protected] Watchlist Coffee - Long Sugar#11 - Long AUD/JPY - Short Cocoa - Short GBP/JPY - Short Silver - Short

MPB Journal

Soybean Oil - Long Opened The 123 Pattern has played out. Price pulled back at the level mentioned earlier and has now made a new high. Orders were filled last night and I am now Long. Wide spread on this market....it looks like the Soybean Complex ...

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Interesting, I usually roll a few days before and usually get the mid price (half spread). Will check their policy, thanks for the heads up.

Silent Service Method

Was overseas (holiday) and trading via mobile and found I could not enter orders......thought it was my app playing up and/or the poor 3G connection in Malaysia....got back late last night only to finally check my email and find the same thing. A ...

Silent Service Method

Thanks Ja.

MPB Journal

Soybean Oil - Long Setup Just a bit more detail on the chart. It would be tempting to get short in this area given the recent downtrend in the Soybean complex BUT my analysis says this is set for more upside. I would expect a pullback at this '50' ...

MPB Journal

Fair enough....I'm not sure I'd be comfortable selling the Yen right now either, I see a hurdle and a half in front As a side, printing money is so passé these days anyway.... I'm not calling a top or bottom either....I'm just proposing an ...

MPB Journal

Agreed, I have been watching this for weeks now........patience is the key like you implied. The COT data is very supportive of a bull run also so the fundamentals exist for a sustained run. There is plenty of upside potential so no need to rush in. ...

Trading For Those With a 9-5 Job

JPY Long Bias I hold an unpopular Bullish bias on the Yen at the moment and I am comfortable with that. The Yen has been getting hammered since the end of July but very heavily in recent weeks. I have a number of reasons to be Bullish as below: 1) ...

MPB Journal

Soybeans - Short Closed Stop hit last night (to the tick). Position closed with a +4.5R return. Probably going to look for a long in Soybean Oil on a pullback now. This market has been setup for a bit now and Soybeans in general may have turned.

MPB Journal

Stu, I don't trade Hogs. My continuous chart looks a bit different to yours. For what its worth, COT extremes are leaning to the bearish side (not extreme yet by my definition) which is not surprising given the current strong uptrend. 85 looks like ...

MPB Journal

Order Update USD/CAD - Orders cancelled Cotton - Orders cancelled Sugar - Long Orders remain pending Nov 9 Low remaining intact.

MPB Journal

Weekly Position Update Soybeans [email protected] [email protected] No change to stop location. Closed Trades GBP/USD [email protected] [email protected] +1R Win Platinum [email protected] [email protected] -1R Loss

MPB Journal

USD/CAD - Long Orders Placed I'm trying something a little different to my usual. I am attempting to join an established trend. I am still Bullish the USD and bearish the CAD. I had a COT setup for this a month or so ago bit managed to get whipped ...

MPB Journal

Traditionally I would trail down a buy stop order hence attempt to get in a bit early, instead I am trading this 'bottom' as a 123 pattern...i.e. buying the 'new' high. Since the first 123 pattern is complete I am calling the next one a 345.....I ...

MPB Journal

Sugar - Long Orders Placed Employing the conservative 123 entry (more of a 345 as 123 has printed already) Will be buying a break of Bar1 High with current SL below Bar2 Low (may move lower depending on PA)

MPB Journal

That weekly pin is a bit of a concern for the bears but like you said there is some resistance ahead for the bulls. Yesterday we had a outside bullish pin bar so the bulls may be a bit more optimistic. I am still short this pair and have stops just ...

Trading For Those With a 9-5 Job

Orders placed in a classic 123 type pattern. [email protected] [email protected]

MPB Journal