HEN2021 trade ideas
HogsContinuous Hogs- Weekly: Currently plotting against the February contract. Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points. The Red uptrend line off the Covid Crash low is trying to maintain the overall strength in Lean Hogs. A firm break below could find support at any of the dashed downtrend lines…
Upside into the first half of 2022 show multiple areas competing with last years strength
HE - Lean Hogs A few years back, China had amassed a 2.6 Year Supply of... you guessed it... Bacon.
Pork Bellies to be precise.
China, yeah, naw, they are not big on Bacon for breakfast, lunch, or dinner.
Frozen Bellied piled up and piled up for months on end.
Piggies have filled the Gap again.
The Potential for reversals in many commodities is rising, even for BAKE ON.
silver hogs10.22.21 silver lean hogs: this is about about market dynamics the way I view it ...to make better trade decisions. I will try to put out a video this weekend as a follow-up.
Review Part 210.14.21 Review Part 2 PFE; Lean Hogs; MRNA? ; etc.........................................
Lean hogs breakout imminent Following a natural gas crunch hurting European countries , pig farmers have sounded the alarm that CO2 supplies are low hence could slow down pig slaughter. I expect this to push the price of pork around Europe and around the world higher.
Should a flag break out occur, there's a huge gap (20%+) waiting to be filled.
Continuous Lean HogsContinuous Hogs- Weekly: Currently plotting against the Oct contract. Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but hogs turned lower off the touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets….
Further risk in the 75.00 – 70.00 area for 4th qtr Hogs or around the 1st week of October
HEG may give breakoutHEG may give breakout
1. from H&S pattern
2. 44SMA 4hr time frame
3. triangle pattern
4. from main support line
Hogs 8.17.21 Hogs Part 2 This is part two you should start with part one. using hogs as an example, but this is about the process of trading so that you can trade any market of interest. They say TRADE WHAT YOU SEE, But at some point you need to learn that you will have to be very diligent to keep your tools in mind. In a way it is like needing to put your glasses on before you can see anything, and it's a little more precise to say that your mind actively runs a list of important tools that you use, and a mental checklist so that you don't forget about those tools. It would be like karate where it takes many many years of repetitive behavior that results in a familiarity for you to be proficient. Trading is like this. Even if you're very familiar with the tools that you use, you can still miss them. A lot of times you had enough information without those tools and you will get away with it. What many traders will find in the course of learning how to trade is that they will run across some epiphanies, incredible insight that feels amazing... because it is. But six months or a year later it may occur to them, as good as that insight was they forgot about it, it slipped away. I believe people experiences this many times in their life with regard to trading. It's not that easy to find the epiphany, but it is a lot easier than you think to let it slip away. That is what this video is about.
hogs Tesla8.17.21 Tesla warning. Live Hogs. Part 1 This video and then next video are really about process, and what I think it takes to be more consistent and more successful in your trading. This is why I believe you will benefit if you listen to this video as well as part two even if you don't trade Tesla and the live hogs.
OIL Gold DXY Lean Hogs8.8. 21 OIL Gold DXY Lean Hogs There is nice volatility on some of these markets...but you need to be careful and sometimes wait, but be able to jump on a trade.
Lean Hogs7.28.21 Lean Hogs This is a more detailed discussion about about how to think about this as a buy and a seller and about the structure and market dynamics around your trade decisions. This is worth at least one viewing if you are new to my posts.
Hogs Part 27.27,21 HOGS Part 2 : More management decisions ... the realities of trading. It's important to stay in a good reversal and not be so fast to scalp when the market is likely to take you to a bigger profit.
Hogs7.22.21 Cleanup on the Hog video and preparation for the Oil video later today when I have some time.
HEV20217.22.21 Lean Hogs some verbal misstatements, but you should what they are...and that saves me the time of doing it again. There is a big difference between pattern lines and price action...AND YOU NEED BOTH! However, this requires some discretion.
Lean hogs approach last pop up before resuming move downShort term EW count shows probability of final move of the short term correction. Afterwards, lean hogs can drop lower.
Contnuous HogsContinuous Hogs- Weekly: Currently plotting against the Oct contract (vs the August at 104.25). Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but hogs turned lower off the touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets….
Further risk in the 75.00 – 70.00 area for 4th qtr Hogs around the 1st week of October
HE1! Continuous HogsContinuous Hogs- Weekly: The July Contract is driving the continuous chart. Uptrend lines off swing lows, and downtrend lines off swing highs. Creates areas to watch for action and reaction points All time high at 133.60, but we appear to be turning appropriately off the recent touch of the major uptrend line based off the 18’ low. Retracements can be used for support targets….
Further risk in the 75.00 – 70.00 area for 4th qtr Hogs around the 1st week of October
Lean Hogs Carry Higher as Price Approaches 361.8% Fib ExtensionLean hog prices have continued to surge higher. However, will negative divergences in the Relative Strength Index and MACD oscillators threaten the runaway rally? If not, the 361.8% Fibonacci extension may serve as the next technical barrier before targeting all-time highs.
Lean Hogs going higherIt is still not too late to buy Lean Hogs.
RSI is showing overbought conditions but there are no reversal patterns on the daily chart.
Lean HogzReports of Chinese ASF problems growing. Not clear the extent of the issue and until then continue to believe the US has not factored issues with ASF in China. This with the strong uptrend in prices recently supports a bullish outlook.
