Trading the Grains - Soy, Corn, Wheat

brownsfan019 · #21 10-29-2009, 01:38 PM

Originally Posted by Dinerotrader

There is always money to be made.... its a question of whether I can make it. If you would, leave some for me to make tomorrow instead of selfishly taking it all.

I am so used to stocks and still relatively unfamiliar with the rollover process. How long should it affect the volume? When do you normally switch to the new contract?

The rollover happens fairly quickly - a few days. And all futures contracts have rollover, but they vary based on what market is being traded.

I move to the new contract as soon as the volume there is the same or greater than the old one. I do that simply to make it easy and should I somehow forget to close a trade or something, I'm in a contract that can be closed easily b/c as soon as the volume dies on the old one, it dies big time.

brownsfan019 · #22 10-30-2009, 10:53 AM

Still split today and it's putting me to sleep...

Dinerotrader · #23 11-04-2009, 08:36 AM

Quick shot of the daily ZS. The last 3 days have been a quick move up to the top of the range. Reversal?

Dinerotrader · #24 11-04-2009, 08:37 AM

Quick shot of the daily ZS. The last 3 days have been a quick move up to the top of the range. Reversal? Big breakout? Just something to think about as price moves along today.

Gabe2004 · #25 11-24-2009, 08:57 AM

Could someone tell me which of the following contracts is more advantageous to trade.
ZF or ZN?

Thank you

Gabe

brownsfan019 · #26 11-24-2009, 09:22 AM

Originally Posted by Gabe2004

Could someone tell me which of the following contracts is more advantageous to trade.
ZF or ZN?

Thank you

Gabe

ZF = 5 yr notes
ZN = 10 yr notes

This is the grains thread. I think you want this thread if looking for bonds.

Gabe2004 · #27 11-24-2009, 09:26 AM

Originally Posted by brownsfan019

ZF = 5 yr notes
ZN = 10 yr notes

This is the grains thread. I think you want this thread if looking for bonds.

Sorry. You are right.

Gabe

Dinerotrader · #28 11-24-2009, 01:10 PM

BF,
Do you watch wheat or corn very much. I have only been watching soybeans but I took a look at the corn chart today and found the movements pretty tradable. I might have to take a few days to watch the corn charts and see how they trade on SIM.

Dinerotrader · #29 11-24-2009, 01:55 PM

Here is a quick look at the ZS with some timer perspective. I made the mistake of trading the movement in the danger zone today (see chart 2). The ZS can provide home run moves as well as some nice daily moves but they usually occur, IMO, once you've gotten the extremes of the range we are in. The middle chop area provides much less statistically sound trade setups so I always come back to the idea that I should just trade the best setups and not just any setups. You'll also notice that the speed of movement and volatility are much less exciting the days were are sitting in the middle of this zone.

Look at some of the moves on the first chart where price broke out of the zone it was in. Those could be days you make 3 month's worth of money if you can manage your risk appropriately with some additional contracts.

If you have some similar analysis on any of the other grains or a different perspective on trading the ZS please post something.

brownsfan019 · #30 11-24-2009, 02:48 PM

Originally Posted by Dinerotrader

BF,
Do you watch wheat or corn very much. I have only been watching soybeans but I took a look at the corn chart today and found the movements pretty tradable. I might have to take a few days to watch the corn charts and see how they trade on SIM.

I watch it but I just like the moves on Soy and get trades there just about every day so I focus there. Typically my grain trade is the last one of the day and I just focus on Soy b/c I like the movements.

Just make sure to watch wheat or corn intraday to get a feel for them. Not quite the same as Soy IMO.