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There is a substantial risk of loss in trading commodity futures and options. Past performance is not indicative of future results. The opinions expressed here are those of Gary Fullett, and are not to be taken as a recommendation to buy or sell commodity futures or options. This is for educational purposes only.
There is a substantial risk of loss in trading commodity futures and options. Past performance is not indicative of future results. The opinions expressed here are those of Gary Fullett, and are not to be taken as a recommendation to buy or sell commodity futures or options. This is for educational purposes only.
There is a substantial risk of loss in trading commodity futures and options. Past performance is not indicative of future results. The opinions expressed here are those of Gary Fullett, and are not to be taken as a recommendation to buy or sell commodity futures or options. This is for educational purposes only.
I watch them all, so yes, I watch sugar too. Sugar has moved above it's recent resistance at the 2520 area in March. There's daily, weekly, and monthly resistance at the 2620 area. If the market can get above this area, 2700 is the next resistance. Overall, I view sugar in a wide trading range.
Gary
There is a substantial risk of loss in trading commodity futures and options. Past performance is not indicative of future results. The opinions expressed here are those of Gary Fullett, and are not to be taken as a recommendation to buy or sell commodity futures or options. This is for educational purposes only.
Attached is a markup of your E-Mini S&P500 chart. What is smart money doing in the areas that I marked? Are they releasing supply into the market while marking up the prices and is dumb money being lead to buy up the supply at increasing prices by some news event that is creating this demand?
The first thing we must consider is trend. The trend in the emini S&P is up. In this particular chart, the market had a retest of support which was bought by strong hands. On the rally, there was probably some liquidation by them. Smart money buys at support and sells when the funds and the specs mark up prices. This action is not bearish action, but probably driven by some acute news event that facilitated the speed of the move. There is no supply in this market, so the behavior is not bearish.
Gary
There is a substantial risk of loss in trading commodity futures and options. Past performance is not indicative of future results. The opinions expressed here are those of Gary Fullett, and are not to be taken as a recommendation to buy or sell commodity futures or options. This is for educational purposes only.
There is a substantial risk of loss in trading commodity futures and options. Past performance is not indicative of future results. The opinions expressed here are those of Gary Fullett, and are not to be taken as a recommendation to buy or sell commodity futures or options. This is for educational purposes only.