Bullish The Ags

Below are three charts. In technical analysis, wheat has a possible Double Top in place. There are no Triple Tops in technical analysis. With a major crop report out on Thursday, any retest of the old highs at 437.5-437.75 is a buying opportunity. I am long March Wheat looking for much higher prices. I have … Read more

TLP’s Trading Rules 101

These are 37+ years of knowledge and passion: DO NOT LOSE YOUR ARSE ON FRIDAYS Traditionally Friday is a book squaring day. It is by far the most unpredictable, the most difficult trading day of the week. I don’t know why, but if it can go wrong it will go wrong on a Friday. Food … Read more

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I Prefer To Stand Alone

For two years I’ve heard nothing but the euro is going to parity with the dollar. “They are in big trouble in Europe. Europe is on the brink of disaster.” Blah Blah Blah… They’ve had two world wars in Europe and they have not fallen off the cliff, but everyone wants to be short Europe … Read more

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Trade Of The Year?

Short Eurodollar Futures – June 2017 Eurodollar Chart – Possible Double Top. With the job situation much improved in America and inflation ticking up again, I firmly believe the Fed will move sooner rather than later in the quest to normalize rates. Please remember, you cannot have inflation without wage growth and wages are averaging … Read more