Class III Milk (DC/DA) traders' view?

Discussion in 'Commodity Futures' started by Phoenix_colossal, Apr 25, 2022.

  1. Have been long a few contracts since $15 range, smooth ride to $24~$25. But it has been going sideways since mid-March. Wondering if it is going to turn soon. I am in Aug/Oct 22 contracts. No idea about fundamentals since I am just trending following with TA.
     
  2. Overnight

    Overnight

    OMG a milk future trader. @TraDaToR Get over here, this one's for you! Woohoo! Love dem funky contracts!
     
    TraDaToR likes this.
  3. maxinger

    maxinger

    It is almost at the record high

    it has gone from 16 to 24 in just a few months.

    good profit mister.
     
    dsch11 likes this.
  4. BKR88

    BKR88

  5. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Low volume market but much better than it was 15 years ago...Sharing weekly chart
    upload_2022-4-26_7-18-27.png
     
    Phoenix_colossal likes this.
  6. ok, most of my strats hit exit in the past few days, only 1 Aug contract hanging on. It has been a good run.
     
  7. Handle123

    Handle123

    Today was excellent day for me to short highs in July contract, I don't do fundamentals, just adding onto position. Milk just too high.
     
  8. Hope you are right. Mine switched to short (August) a couple of days ago, and it is going up ever since.