Futures – Monthly Update

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Futures – Monthly Update

We encourage traders to diversify their portfolios and it is something we will continue to do. We continue to put a special emphasis on trading Futures products and here we take a detailed look at the major products in this category from Equity Indexes, Energy, Metals and more. We will continue to track these on a month-to-month basis and provide our views. Below is a table summarising various Futures contracts as of close of market on March 31, 2017.

Futures table - March 31, 2017

On every monthly post I will highlight a Futures trade. The below trade happened to occur on the last day of the month and remains relevant so I am choosing to share this particular trade.

On March 31, we received a 5 timeframe Ichimoku Sell email alert for Soybean Meal Futures. Here is the alert:

2017 - 4 - April article soybean


Prior to this setup, we kept receiving SELL email alerts for Soybean Meal Futures, however, we were not getting the minimum Reward-Risk ratio of 3:1 based on the charts. At the time of this email alert, this instrument setup in a manner where we could take the pullback to the IMTF™ resistance and get our desired Reward-Risk ratio. As you can see from the chart below, this instrument has since taken off to the downside and we are still in this trade and remain in “Preserve Mode”

2017 - 4 - April article soybean chart

If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com

EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.