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Chart experts...
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carlsoncl
Posted 6/6/2017 00:40 (#6056676)
Subject: Chart experts...


Beresford, SD
Dec cattle went above their double top of 121.80 today and closed above it. :). What are you chart experts seeing. Got a few orders pennies away from filling and a few more a couple bucks higher......have to send in a little margin money in the am on the 25% I have hedged......would like to here your thoughts on were to place a few more orders. Would like to get 50% hedged soon and be at 70% hedged by the 4th of July. Plan is to leave 30 % open just in case we have something exciting take place. Only have 10 contracts in place today. Aug-Feb are the contracts I'm looking at, with a majority of the positions in Oct-Dec. All ten in place are 5 Octs and 5 Dec.

Edited by carlsoncl 6/6/2017 00:44
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