The corn bear spread offers quite nice RRR 1:2. I have already entered at 4,0. My SL is set at 3,0 ($50/contract) and my PT at 6,0 ($100/contract).
This bear spread is quite cheap. I see a potential to grow to price 6,0. There is a strong S/R zone. Entry 4,0 / SL 3,0 ($50/contract) / PT 6,0 ($100/contract)
I built a bear spread ZWU19-ZWN19. There is still a chance, that the price in Wheat will rise to 550. Therefore I wait for good timing. However, it is good to have a plan already. I await an entry about 5,0, SL 4,0 ($50) and PT 10,0 ($250).
I built a bull spread ZSQ19-ZSU19. A possible Entry point could be around 0,0. SL -5,0 ($250/contract) and PT 10,0 ($500/contract).
An example of an intermarket spread ZSN16-ZWN16.
COT analysis in Natural Gas confirms an extreme overbought state of a market. That is why I built this bear spread, which is quite cheap yet. There is very nice potential in this trade. I already opened a position at 0,025 with PT 0,040 ($150/contract) and SL 0,020 ($50/contract). The price could do some corrections before it will go up.
I built a calendar bull spread CTK19-CTN19. A possible entry is at the price -1,20 with SL -1,40 ($100/contract) and PT -0,50 ($350/contract).
An example of a LiveCattle bull spread
We think it is worth to have an eye on this crack spread between gasoline and heating oil. The reason is simple: this spread is close to its lower end of the range and therefore close to its extreme. We will buy this spread when the spread reached -0.40. In this case, we buy RB and sell HO.
wedging in for a break down to 64XX then to 69XX. placing short at 6556 and long at 6525
The price of natural gas is quite low so I ordered a position about 0,025. SL 0,020 ($50/contract) and PT 0,040 ($150/contract).
Orange Juice price is a bit oversold and a bullish correction could come very soon. I built a bull spread OJF19-OJH19 and I wait for an entry about -1,50 with SL -2,50 ($150/contract) and PT 2,00 ($525/contract).
New bullish credit spread on XLB (materials). After two weeks of bearish movement on XLB, we saw a close above $57.92 support and a bullish open this morning. Looking for bullish to neutral movement this week. Entry 58.54 Max profit 59.00 Break even 58.72 0.78:1 risk/reward Adjusted the XLB bullish credit spread to add a bullish credit spread one strike...
A breakout has come and a price reached my PT. Nice profit of $200/contract.
Intermarket spread ZSH19-ZWH19 between soybeans and wheat is extremely cheap. Moreover, oversold soybeans and overbought wheat make perfect conditions for this spread.
Bull spread LEJ19-LEM19 has quite nice potential. I did not catch entry around 6,0, but there is still chance to open position by correction.