Authored by Vittoria Onufrio via Halifax America

Let’s take a look at the following spread SMK18-SMN18 (Soybean meal)

Vittoria-spread-300x177 Spread Trading Newsletter 02/06/2018

TP 120 SL 120 EXIT 20/02/2018 ENTRY 6/2/2018

The Spread Indicator entered the oversold level. The indicator crossed below – 80 suggesting that the May 2018 soybean meal contract is stronger than the July 2018 contract. I would consider buying soybean meal May 2018 and selling soybean meal July 2018 before the closing of the market

My trading ideas:
Buy soybean meal May 2018 and Sell soybean meal July 2018 before the closing of the market
Profit Target $120.00 before transaction costs
Stop loss $120.00 before transaction costs

If the market does not reach either the target or the stop, then exit on February 20, 2018

If you want more information about my newsletter and take advantage of the free trial period please call me at 818-452-4128 or contact me at

Note that although the free trial provides entry and exit points, our specialist may manage the position in which cases trade exits may occur sooner than the published exit point. So feel free to call me to discuss the details.

These recommendations are a solicitation for entering into derivatives transactions. All known news and events have already been factored into the price of the underlying derivatives discussed. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. No representation is being made that any account has in the past, or will in the future, achieve profits using these recommendations. No representation is being made that price patterns will recur in the future.
Trading Futures, Options on Futures, and Forex involves substantial risk of loss and is not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment and only risk capital should be used. Opinions, market data, and recommendations are subject to change at any time. The lower the margin used the higher the leverage and therefore increases your risk. Past performance is not necessarily indicative of future results.