We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of the August Live Cattle. (CME_LE.Q13.E).
I hope you are having a GREAT week !!!
Live Cattle looks to be headed higher, so let's take a look at the August Live Cattle chart this week.
When trading futures we use the weekly MarketClub Trade Triangle to tell us the trend, and the daily MarketClub Trade Triangle for timing the entries and exits. Continue reading "Chart to Watch - Live Cattle"