well chart readers?

[ado089]

Good luck selling off Nov.

[ado089]

Good luck selling off Nov.

[farming101]

Priced some today.
9.62 fob farm nov delivery basis nov futures. 10.50 under.

[Hopperbin]

Strange how a grain company is using nov futures until today duhhhh. And made basis contract holders roll or price a month ago just stating what is.

[farmaholic]

Hopper, no one should be surprised.

[macdon02]

https://www.dropbox.com/s/monbzo54psu3n0i/ZCZ4%20-%20Corn%202014Z%20-%20Dec.%20-%20Daily.png?dl=0


https://www.dropbox.com/s/2eha86ep86fnom2/ZWZ4%20-%20Wheat%202014Z%20-%20Dec.%20-%20Daily.png?dl=0


https://www.dropbox.com/s/y5syrtllyixxpxj/ZSX4%20-%20Soybeans%202014X%20-%20Nov.%20-%20Daily.png?dl=0

Front month corn, wheat and beans with BB and COT on bottom. Throw some ma's up and the pic aint quite so rosy on monthly charts.

[macdon02]

Anyone selling? wonder who will be last one through the tiny exit? Just like the pop up when shorts are stuck when bills are due could we move just as fast in opposite direction?

[Rareearth]

Markets bottomed? Why?
Dry in Australia ?
Dry in Russia winter kill thoughts (hopes)
Dry in usa pacific north west?
Argentina?

Funds exiting short positions
End of QUantive easing, money flow

[farmaholic]

Here's a question for people who understand these thingsI look at charts the odd time but mostly for historical reference)

Just because it looks like we will, or have, broke through resistance or fell through support does it necessarily mean the indicators are right and the market will trade in the direction the indicator says it "should"? Does it move on fundementals or what the indicator says it should based on trader's sentiments? If indicators are always right, there would be no risk, right?

Macdon--this is very elementary and I would like to take a closer look but the three charts you posted the links to could have all basically been the same chart, they kind of look the same. Seems almost everything moves in unison.

[TOM4CWB]

Forage

Your memory is short.

Since the Freedom legislation Dec 2011... Our family farm has been responsible for marketing our own grain.

I can improve. In general very good results.

Cheers!

[bucket]

You are getting movement. Sit an area where a train gets loaded and sits there for another week.

September contracts just delivered two days ago.

[macdon02]

Markets trade on fundamentals, technicals, and seasonals. I used to put way too much emphasis on fundamentals. Google seasonals, there are some free ones out there. Latest moore charts show the bottoming we just had was a seasonal trend in certain years. Look at the commercial and large spec bars in my charts, see a trend? Its the flow of money and where its coming from. It blows my mind how growers will throw money out the window trying to grow more bushels yet stick their head in the sand when it comes to markets. I ve been wrong enough times with margin calls to realize I dont know everything but there are some very good tech indicators that will scream sell the grain stupid. With the volatility(money flow which is good) nowadays, I just dont see how we cant spend time and yes a little $ educating ourselves on how markets work. We got a long ways to go to catch the American farmer, who had no board to sell for him. Talking to some of them they are generations ahead because they had to learn and then they passed that knowledge down to next generation. The shitty part is the board never educated us, only said we do good leave it to us. Well thats over and now we have to figure this out on our own. They keep us poor by keeping us stupid.