FuturesTechOhio's profile picture. Focus on trading futures in lumber, crude, and currencies

Futures Technology

@FuturesTechOhio

Focus on trading futures in lumber, crude, and currencies

Seasonally, lumber prices are low in the beginning of Oct., but should rally again late Oct. early Nov. So, buy Nov., sell January.


Looking for new clients. Interested in establishing a hedging program utilizing the lumber futures market, please contact 216-831-7555.


The futures market opened high, there is no volume. We need volume to trade.


Looks like the futures markert may open on a high.


For those who want to control risk, buy Sept, sell Jan. between $30-$35.


Those who need physical product, in 2x4's and 2x6's, should buy Sept. under $170 to take physical delivery.


Lumber recommendation: Since September is close to expiration, you should buy November, sell January, within the vicindity of $25.


Lumber taking another step down for the September contracts. Sell septembers buy novembers.


"It is so hard to read where these goofy markets are going to go."


You might as well buy futures and sell cash because futures are still at a discount.


And people said globalization doesn't exist. It's all around us in these markets. Skeptics or traditionalists?


Spreads are one of the only ways to try and rally these future lumber markets, after almost a week of the cash markets inactivity.


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