I have long believed the corn price is too high and went short on Monday. Finally on Friday, the price went down a little bit. The reason may be for the Mexican stock released corn futures. The price of corn this week remained tepid. Nothing new information allowed it to adjust its price to a […]
Entries from October 2012
road ahead (week 6)
October 26th, 2012 3 Comments
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cool sources (week 5)
October 26th, 2012 No Comments
1. http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chinas-growth-forecast-chills-commodity-markets/article551340/ I found the global and Mail’s business section is helpful in decision making! 2. http://www.theglobeandmail.com/globe-investor/funds-and-etfs/funds/commodities-put-canada-in-the-drivers-seat/article566597/ Another good article in global and mail that i recommend everyone to have a look.
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what went right/wrong( week 6)
October 26th, 2012 No Comments
last week i had a expectation that corn and soybean will slump down in this week. it turns out that though they didn’t slide down largely, but still decline a lot. At the first two days, both of these two commodity went up quiet a lot ( their price already high). Hence I entered into […]
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The Road Ahead (Week 5 )
October 21st, 2012 3 Comments
Last week, Soybeans[i] rose the most in five weeks on signs that demand is increasing for supplies from the U.S., the world’s biggest grower and exporter. It’s lucky I capture the gain last week. However, though the report higher demand of soybean, it was in the last week. The market has reacted to the new. […]
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what went right/wrong week5
October 21st, 2012 No Comments
The balance of this week this is this week’s transactions,ending with a gain of 3000. During the last weekend i went short with both soybean and corns. however,when i found that the corn and soybean price is declining sharply in the morning of monday, i closed soybean and switch to long soon, before it […]
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cool sources( week 4)
October 16th, 2012 No Comments
1. http://futures.tradingcharts.com/chart/CN/M this website can provide you with all data of future commodity and also the anlysis. 2. http://articles.latimes.com/2012/sep/28/business/la-fi-mo-corn-inventory-8-year-low-prices-jump-20120928 Los Angeles times. great reading materal. only for reference. 3. http://farmdocdaily.illinois.edu/2012/07/current_expectations_of_future.html A very good webstie that prives agricultural information and analysis.
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trading strategy of corn, continously. (week 4)
October 16th, 2012 No Comments
recently, the corn price has been driven up quiet crazy. All was due to the drought. estimation of yields is changing all the time and influenced market all the time. so question, how long this drought will last and how much it will influence on the harvest? I thinks i may also went long in […]
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cool sources ( week 3)
October 8th, 2012 No Comments
the sources i uesed are not so much. since we are sacplers, in and out the market in a very short run, undamental analsysis are basice essentials, but not so important. what i valued most is the new information and technical analysis. below are the sources i use most often: All about commodities: everything about […]
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trading stragtegy in the coming week (week 3)
October 8th, 2012 2 Comments
In the coming week, the main strategy is ” hedging”, which means i will share risks between 2 commodities: corn and soybean. In my judgement, corn is most likely to drop in price for several days[i], because of the coming harvest in USA. Though, in the growing season matter how much the harvest is, it […]
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what went right/ wrong week2
October 8th, 2012 No Comments
last week i went long on corn of 4 contracts, hoped that the corn would have a surge on the beginnign of last week (base on a information last last friday, i assumed nobody has reponsed to it). What i went wrong is that i inaccurately estimated the speed of market response. Any information, as […]
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