currencies

16 Nov

Has The U.S Dollar Topped Out ?

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

Dollar Index Futures--- The U.S dollar is trading higher by 5 points this Thursday afternoon currently trading at 93.77 still right near a 3 week low as I am currently sitting on the sidelines looking at entering into a possible short position in next weeks trade.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

15 Nov

Mike Seery's Daily Commodity Report 11-15-17

in Blog, Bonds, commodity consulting, commodity consulting commodities, commodity trading, corn, currencies, dow jones futures, futures, futures trading, heating oil futures, Mike Seery, NASDAQ 100 futures, natural gas futures, oats, option trading Crude oil futures, option trading S&P 500, seeryfutures, soybean meal, soybean oil, soybeans, unleaded gasoline futures, wheat

Sugar Futures--- Sugar futures in the March contract is lower for the 2nd consecutive session down 11 points at 14.99 a pound still trading right near an 8 week high as I have been recommending 2 bullish positions with an average price around 14.74 & if you took those trades continue to place the stop loss under the 2 week low now standing at 14.20 as the chart structure will also improve later this week.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

15 Nov

TRADING THEORY ----What Is The RSI Oscillator ?

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

TRADING THEORY ----What Is The RSI Oscillator ? ---The RSI oscillator ranges from 0 to 100 and when a commodity is deemed to be at overbought levels when the RSI approaches the 70 level and beyond meaning if the oscillator has an overbought condition of 92 that is higher and even more of an overbought condition then the 70 level and could mean that its getting overvalued and is a good candidate for a short term pullback.

15 Nov

Mexican Peso Hits 2 Week Low

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

Mexican Peso Futures---The Mexican Peso in the December contract has finally shown some volatility to the downside currently trading lower by 30 points at 5161 near a 2 week low as I think now prices will retest the October 27th low of 5127 & if that level is broken I will be recommending to add another short position

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

15 Nov

TRADING THEORY---When Should You Enter Into A Trade ?

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

When Should You Enter Into A Trade ? I have been asked this question many times throughout my career and my opinion is simply to buy on a 20-25 day high breakout in price on a closing basis only or sell on a 20-25 day low breakout to the downside also on a closing basis. Many times the price will break the 25 day high and sell off later in the day only to have your trade be negative very quickly.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

14 Nov

Mike Seery's Daily Commodity Report 11-14-17

in Blog, Bonds, commodity consulting, commodity consulting commodities, commodity trading, corn, currencies, dow jones futures, futures, futures trading, heating oil futures, Mike Seery, NASDAQ 100 futures, natural gas futures, oats, option trading Crude oil futures, option trading S&P 500, seeryfutures, soybean meal, soybean oil, soybeans, unleaded gasoline futures, wheat

Dollar Index Futures---The U.S dollar in the December contract is trading lower by 36 points currently at 94.02 right near a 3 week low possibly creating a double top around the 95.05 level as I am not involved in this market, but I'm looking at a possible short position in the days ahead.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

14 Nov

My Consolidation Theory--Look At Cotton

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

There are different theories about how long does a meaningful consolidation has to last before you enter a trade ? In my opinion I always want to see a consolidation that lasts at least 8 or more weeks before I would consider entering.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

14 Nov

Mexican Peso Remains Bearish

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

Mexican Peso Futures---The Mexican Peso in the December contract is currently trading lower by 7 points at 5191 as this market's volatility has come to a crawl over the last 2 weeks with very small trading ranges on a daily basis.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

14 Nov

TRADING THEORY---Do You Trade With The Trend ?

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

TRADING THEORY---Trade with the short term trend, as the saying goes in futures trading the trend is your friend but sometimes you will be in a market that is trending higher and then has a false breakout to the upside and then suddenly sells off causing you a 2% loss on your equity and you say to yourself that was a bad trade and should I do something different on my next trade.

14 Nov

U.S Dollar Near A 3 Week Low

in Blog, Bonds, commodities, currencies, futures trading, Mike Seery

Dollar Index Futures---The U.S dollar in the December contract is trading lower by 36 points currently at 94.02 right near a 3 week low possibly creating a double top around the 95.05 level as I am not involved in this market, but I'm looking at a possible short position in the days ahead.

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

Home  | Privacy Notice | Risk Disclosure | Contact Us

Trading Futures and Options on Futures transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.

© 2017. Seery Futures. All Rights Reserved.