Trading commodity Futures

[Tim]

Re: I have given up buying a house

Those of you who trade futures would surely know that money can be made from interest rate rises, and also petrol price rises.

I'm no expert, but with a basic understanding of futures (longing and shorting), you could trade bonds (which are affected by interest rates, correct me if I'm wrong) and crude oil (which is causing petrol prices to go up).

You can profit from movement in any direction on almost anything (shares, house prices, gold etc) you just need to know how.

 

[Big Jim]

Re: I have given up buying a house

Those of you who trade futures would surely know that money can be made from interest rate rises, and also petrol price rises.

I'm no expert, but with a basic understanding of futures (longing and shorting), you could trade bonds (which are affected by interest rates, correct me if I'm wrong) and crude oil (which is causing petrol prices to go up).

You can profit from movement in any direction on almost anything (shares, house prices, gold etc) you just need to know how.

Do you have any good links as to how?

 

[wayneL]

Re: I have given up buying a house

Do you have any good links as to how?

Bonds can be traded just like any futures contract. I trade the US ten year t-note.

http://www.cbot.com/cbot/pub/cont_detail/0,3206,1520+14433,00.html

But you can trade aussie bond s as well. But they are not as liquid.

You just need a futures trading account.

You can also trade a bond ETF on AMEX

http://finance.yahoo.com/q?s=tlt

Cheers

 

[Big Jim]

Re: I have given up buying a house

Bonds can be traded just like any futures contract. I trade the US ten year t-note.

http://www.cbot.com/cbot/pub/cont_detail/0,3206,1520+14433,00.html

But you can trade aussie bond s as well. But they are not as liquid.

You just need a futures trading account.

You can also trade a bond ETF on AMEX

http://finance.yahoo.com/q?s=tlt

Cheers

Thanks wayne. Who's the best to set up an account with? Also do you know any good info on trading comodities? A mate of mine reckons barley might be the go?

 

[wayneL]

Re: I have given up buying a house

Thanks wayne. Who's the best to set up an account with? Also do you know any good info on trading comodities? A mate of mine reckons barley might be the go?

If you want an OZ based broker, try www.brokerone.com.au

If you dont mind a US based one, there are many, here's a couple to look at...

www.interactivebrokers.com cheap and very good for electronic contracts, crap and/or unavailalable for pit traded contracts

www.orionfutures.com
www.expresstrade.com

For all contracts including pit traded.

www.cme.com and www.cbot.com also have listings of brokers.

Barley is a VERY thinley traded contract.

Wheat, Corn, Soybean complex are the liquid contracts amongst the grains. Less so are rice and oats. Barley is the thinest of all, trading less than 100 contracts on some days.

Cheers

 

[wayneL]

FWIW

Here are the commodities/Futures (and/or options) I trade :

Eminis on indicies (SP500, Dow, Russel 2000)

Crude
Natural Gas
Heating Oil
Unleaded gasoline (most likely crude and Nat gas)

Gold
Silver
Copper

Cattle and/or Feeder Cattle
Lean Hogs

Corn
Chicago Wheat
Soybean Combex (beans, meal, oil)

Cocoa
Coffee
Orange Juice
Sugar
cotton

The electros I've been trading a while; Pit contracts only fairly recently.

N.B. The grains have recently gone electronic which is good IMO... Eventually I reckon the pits will completely die off.

 

[yogi-in-oz]

Hi folks,

Soybeans ..... a long-standing Gann trade on beans is about
to come into play .....

..... from the 12 May 2006 highs, we are now 90 days (square)
down the road and looking for the lows this year, around
18-21082006 ..... and 535 (August contract)???

This has been a reliable trade in the past and will be the
forerunner of another trade in beans around 01122006,
where we will be alert for confirmation to go long again,
until 12-16 January 2007.

happy days

yogi

 

[wayneL]

Here is set of video swhich are an intro to grain futures trading.

http://www.tradethemarkets.com/video/ags0/ags0.html

http://www.tradethemarkets.com/video/ags1/ags1.html

http://www.tradethemarkets.com/video/ags2/ags2.html

http://www.tradethemarkets.com/video/ags3/ags3.html

Enjoy

 

[yogi-in-oz]

Hi folks,

Soybeans ..... a long-standing Gann trade on beans is about
to come into play .....

..... from the 12 May 2006 highs, we are now 90 days (square)
down the road and looking for the lows this year, around
18-21082006 ..... and 535 (August contract)???

This has been a reliable trade in the past and will be the
forerunner of another trade in beans around 01122006,
where we will be alert for confirmation to go long again,
until 12-16 January 2007.

happy days

yogi

=====



Hi folks,

..... chalk up another winner for the Gannsters !~! ...

happy days

yogi

 

[yogi-in-oz]

Hi folks,

As per post above, here's an update for beans:

Beans alert ... just a reminder, at the end of November 2006,
we will be looking for another trade in soybeans ...

Some other things to consider this year, before we
take this trade:

Mercury ingress into Libra and Scorpio marked out the
double-bottom of recent price history in beans and we
have seen a strong rally, since then.

Mercury has also just gone retrograde, so we will be
watching for price confirmation on the Mercury stations,
as time moves on ...

Will be watching for a sideways move, during this
Mercury retrograde period ..... let's watch the
relevant planetary stations to confirm the price action.

Will be also be alert, on the following key dates for
changes in sentiment for beans:

14-17 Nov 2006 ..... Mercury slowing for direct station.

20 Nov 2006 ..... Mercury direct in Scorpio

30 Nov 2006 ..... a breakout ... go long ???

05-08 Dec 2006 ..... Mercury ingress Sagittarius - liftoff,

on more good news??

11-12 Dec 2006 ..... ..... a high or breakout in beans???

Tight stops here.

12 Jan 2007 ..... exit at beans high and expiry of

Jan 2007 beans contract ???

So basically, we will be looking for a long entry into January 07
beans, around 30 November 2006 and exit on 12 January 2007 ... ???

More later.

happy trading

yogi

P.S. 12 Jan 2007 ..... expiry of Jan 2007 beans contract,

which may make for some volatile

trading, in the last couple of

days of that January contract ???



=====

 

[rosie]

Thanks Yogi.
Jan. Beans went low to low on 288 days (28/11/05-12/9/06) as did March Beans too. July was 144 trading days low to low & 288 cal days to higher low. May Beans was slightly different, 155 days low to low.

The square of 90 has stopped the avdance on Wheat at the moment (Dec 06) 60 days by 180.25 cents

 

[Bloveld]

=====



Hi folks,

..... chalk up another winner for the Gannsters !~! ...

happy days

yogi

Where was the winning trade?

 

[BREND]

Re: I have given up buying a house

If you want an OZ based broker, try www.brokerone.com.au

If you dont mind a US based one, there are many, here's a couple to look at...

www.interactivebrokers.com cheap and very good for electronic contracts, crap and/or unavailalable for pit traded contracts

www.orionfutures.com
www.expresstrade.com

For all contracts including pit traded.

www.cme.com and www.cbot.com also have listings of brokers.

Barley is a VERY thinley traded contract.

Wheat, Corn, Soybean complex are the liquid contracts amongst the grains. Less so are rice and oats. Barley is the thinest of all, trading less than 100 contracts on some days.

Cheers

If you want a broker who can update you on fundamental news, investment funds movement, trading ideas and China news, call me. But I only deal with metal trading.