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ClearTrade: Futures Trading, Futures Brokers, Online Futures Trading

THE JOSS REPORT MARCH 2, 2014

 

Our goal is to provide traders with a ‘game plan’ to prepare for the trading week and month ahead.


THE JOSS REPORT MARCH 2, 2014

TECH TALK

 

SUGAR / ORANGE JUICE / CORN / SOYBEANS

/ 30-YEAR BOND

 


CHART WATCH

 

* Buy ‘trading modules’ are highlighted in green.
* Sell ‘trading modules’ are highlighted in purple.
* Developing ‘trade signals’ are highlighted in yellow.

Traders are advised not to exceed the rule of thumb – 10% of equity to risk ratio. If you do not fit this risk profile listed in each ‘trading module’, traders are advised to consult with their account executive for an option trading strategy. Multiple closes represents 4 business days for conservative traders.

Try ClearTrade Demo Trading Platform WebOE (Web Order Entry).

TECH TALK BY SCOTT R. JOSS (C.T.A)*

 

NOTE: On Friday March 7th, the Unemployment report will be released at 7:30 am C.S.T.

 


MAY SUGAR (SBK4)

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The proposed trade risk for May Sugar next week:

 

The buy side $2,520.

 

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

 

Below are possible trading modules for futures traders to consider next week:

 

# 1) Multiple closes above 18.25***:

 
Traders are advised to buy, placing stops below 16.02*.

 

# 2) Multiple closes above 18.51***:

 
Traders are advised to buy, placing stops below 16.58*.

 

# 3) Multiple closes above 18.72***:

 
Traders are advised to buy, placing stops below 17.03*.

 

# 4) Multiple closes above 18.88***:

 
Traders are advised to buy, placing stops below 18.13*.

 

Our objective is 19.19**.

 

# 5) Multiple closes above 19.67***:

 
Traders are advised to buy, placing stops below 18.97*.

 

Our objective is 23.32**.


# 6) Multiple closes below 15.57***:

 

Traders are advised to sit on the sidelines.

MAY ORANGE JUICE (OJK4)

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The proposed trade risk for May Orange Juice next week:

The buy side $1,912.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 152.40***:
 
Traders are advised to buy, placing stops below 139.75*.

# 2) Multiple closes above 155.75***:
 
Traders are advised to buy, placing stops below 141.95*.

# 3) Multiple closes above 164.60***:
 
Traders are advised to buy, placing stops below 145.65*.

# 4) Multiple closes above 170.50***:
 
Traders are advised to buy, placing stops below 147.30*.

# 5) Multiple closes above 176.50***:
 
Traders are advised to buy, placing stops below 149.70*.

Our objective is 183.45**.

# 6) Multiple closes below 137.85***:

Traders are advised to sit on the sidelines.

MAY CORN (CK4)

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The proposed trade risk for May Corn next week:

The buy side $1,775.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 473.75***:
 
Traders are advised to buy, placing stops below 438.75*.

# 2) Multiple closes above 483.75***:
 
Traders are advised to buy, placing stops below 443.00*.

# 3) Multiple closes above 488.50***:
 
Traders are advised to buy, placing stops below 451.75*.

# 4) Multiple closes above 496.75***:
 
Traders are advised to buy, placing stops below 465.00*.

# 5) Multiple closes above 506.25***:
 
Traders are advised to buy, placing stops below 470.00*.

Our objective is 513.25**.

# 6) Multiple closes below 426.75***:

Traders are advised to sit on the sidelines.

 

MAY SOYBEANS (SK4)

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The proposed trade risk for May Soybeans next week:

The buy side $7,825.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 1456.00***:

Traders are advised to buy, placing stops below 1300.00*.

# 2) Multiple closes above 1467.75***:

Traders are advised to buy, placing stops below 1323.25*.

# 3) Multiple closes above 1499.50***:

Traders are advised to buy, placing stops below 1358.25*.

# 4) Multiple closes above 1509.00***:

Traders are advised to buy, placing stops below 1415.00*.

# 5) Multiple closes above 1526.25***:

Traders are advised to buy, placing stops below 1445.50*.

Our objective is 1534.50**.

# 6) Multiple closes below 1264.75***:

Traders are advised to sit on the sidelines.

 

JUNE 30-YEAR BOND (USM4)

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The proposed trade risk for June 30-Year Bond next week:

 

The buy side $4,656.


WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

 

Below are possible trading modules for futures traders to consider next week:


# 1) Multiple closes above 135-03***:
 
Traders are advised to buy, placing stops below 130-16*.

 

# 2) Multiple closes above 135-25***:

 
Traders are advised to buy, placing stops below 131-05*.

 

Our objective is 136-14**.

 

# 3) Multiple closes above 136-31***:

 
Traders are advised to buy, placing stops below 132-10*.

 

# 4) Multiple closes above 138-04***:

 
Traders are advised to buy, placing stops below 133-10*.

 

# 5) Multiple closes above 140-20***:

 
Traders are advised to buy, placing stops below 134-01*.

 

Our objective is 142-16**.


# 6) Multiple closes below 126-10***:

 

Traders are advised to sit on the sidelines.

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Back to top* (Futures traders and their account executives are advised to discuss this suggested stop).

** (Traders can exit or hedge a trade position before reaching this objective but are advised to remove any resting stop orders).

*** (Conservative traders are advised to wait for multiple closes (4 business days) before establishing a position and are advised to use resting stop orders.)

*** (Very aggressive Traders can enter a trade position without multiple closes but are advised to use resting stop orders).

CHART WATCH BY SCOTT JOSS (C.T.A)*

Chart Watch includes products developing potential trade signals or chart patterns that have not yet fully developed – or may never develop.  
 
During the course of the week or month it is not uncommon to find a trade signal that was previously not revealed when this newsletter was written.  
 
Products that currently fit into this watch category are listed below and should be watched.

JUNE EMINI DOW JONES (YMM4)

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WHAT ARE TRADERS ADVISED TO DO?

 

Below are possible trading modules for futures traders to consider:


# 1) If the June EMINI Dow does not post 14578 or 16466 then the Dow may trade in a range for an extended period.

 

Traders are advised to wait for a more decisive trading strategy to develop. We will inform traders of possible trading modules in future newsletters.

 

JUNE GOLD (GCM4)

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WHAT ARE TRADERS ADVISED TO DO?

Below are possible trading modules for futures traders to consider:

# 1) If June Gold does not post 1186.60 or 1362.40 then Gold may trade in a range for an extended period.

Traders are advised to wait for a more decisive trading strategy to develop. We will inform traders of possible trading modules in future newsletters.

JUNE JAPANESE YEN (JYM4)

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WHAT ARE TRADERS ADVISED TO DO?

Below are possible trading modules for futures traders to consider:

# 1) If the June Yen does not post .9494 or 1.0344 then the Yen may trade in a range for an extended period.

Traders are advised to wait for a more decisive trading strategy to develop. We will inform traders of possible trading modules in future newsletters.

JUNE US DOLLAR (DXM4)

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WHAT ARE TRADERS ADVISED TO DO?

Below are possible trading modules for futures traders to consider:

# 1) If the June US Dollar does not post 79.63 or 81.78 then the Dollar may trade in a range for an extended period.

Traders are advised to wait for a more decisive trading strategy to develop. We will inform traders of possible trading modules in future newsletters.

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* (Futures traders and their account executives are advised to discuss this suggested stop).

** (Traders can exit or hedge a trade position before reaching this objective but are advised to remove any resting stop orders).

*** (Conservative traders are advised to wait for multiple closes (4 business days) before establishing a position and are advised to use resting stop orders.)

*** (Very aggressive Traders can enter a trade position without multiple closes but are advised to use resting stop orders).

CURRENT
TRADE SIGNALS:

– CANADIAN DOLLAR

– ORANGE JUICE

FUTURES
WATCH

 

Futures watch will list developing trade signals to watch in March for April. By listing these products, traders can feed-forward with anticipation and focus – centering on products that will provide direction and hopefully, opportunity.
 
Traders are advised to begin studying the weekly, monthly, quarterly and yearly charts for the products listed below. Do not forget that between now and the end of the month, some or all of these products may be de-listed.
 
Potential trade signals for April will be revealed on the close of business Monday 31st.
 

 

– SILVER

– GOLD

– COPPER

– EURO CURRENCY (FX)

– 30-YEAR BOND

– 10-YEAR NOTE

– DOW

– JAPANESE YEN

– US DOLLAR

 

 

 

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The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Cleartrade believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.

If you do not completely understand this information, you are advised to take no action until speaking with your Account Executive. ClearTrade® Inc. may be reached at 1.773.561.9777. Scott Joss is a registered member of the National Futures Association and a registered non member CTA providing the Joss Report weekly trade advisor to ClearTrade® Inc. clients. Scott Joss is a principal of ClearTrade® Inc. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. The contents of the Joss Report weekly trade advisor newsletter and trade recommendations are copyright© 1997-2014, Scott R. Joss / S.R. Joss Inc. / ClearTrade® Inc. TM. All Rights Reserved. “The organizations and links presented in this newsletter / Joss Report are in no way affiliated with ClearTrade® Inc. or S.R. Joss Inc..ClearTrade® does not necessarily promote or endorse the services or publications described herein. ClearTrade has no role in the production or review of these products or services and makes no warranty, either expressed or implied, as to their contents, accuracy or performance.” This publication is strictly the opinion of its writer and is intended solely for informative purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities here in named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Futures and options trading involve risk. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. In no event should the content of this market letter be construed as an express or an implied promise, guarantee or implication by or from The Joss Report, Scott Joss, S.R. Joss Inc. or ClearTrade® that you will profit or that losses can or will be limited in any manner what so ever. The contents of this newsletter are copyright 1997-2014, Scott R. Joss/S.R. Joss Inc./ClearTrade ®,Inc. *TM. All Rights Reserved.

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