I been a buyer of Live Cattle under 102 since 2016, made a little on first targets but need it to go above 157 to go reverse. But on the monthly broke to down side of huge triangle and dailies have rounding tops, so I am still long the futures but twice as much on long puts, just have to wait it out. You doing any spreads in them?
Long futures + 2x long puts = long synthetic straddle at the put strike. lol the BS never. ends. Yeah, good idea. Wait out the long straddle. There isn't a market you don't trade... how's the long Klingon/short Federation trade going? Still stockpiling Americium?
Have you ever tried taking historical averages then using Bollingers and few different deviations of when to enter? Or most likely you been doing it forever and just know? I have built a couple systems for spreading, they just ok, but always have thought am missing something, LOL We never satisfied. I have always like the meats better, always lost the least cause people demand it I suppose, loved trading Pork Bellies when they had it.
No, not really. I try not to enter too countertrend. I wait for a reversing pattern. Or I go with the trend. But no technical indicators. Volume. Outrights. COT. Curve. Thats' it.
Short ZS Nov/Jan @ -13. - Nov/Jan overvalued compared to Sep/Nov and Jan/Mar on a deseasonalized curve. - Bearish fundamentals. I guess I don't need to develop. - Reliable seasonal window