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Futures

FX Rundown - Blue Line Futures (04.17.19)


The table is set for tomorrow’s Flash PMIs. Covering the Dollar, Euro, Yen, Aussie and Canadian; what is driving price action and the levels to know.

Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC 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. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Visit our website at www.bluelinefutures.com to open an account and stay up to date with our research.

Bill Baruch is President and founder of Blue Line Futures. Bill has more than a decade of trading experience. Working with clients he focuses on developing trading strategies that present a clear objective for both long and short-term trading approaches. He believes that in order to properly execute a trading strategy, there must be a well-balanced approach to risk and reward.

Prior to Blue Line, Bill was the Chief Market Strategist at iiTRADER which followed running a trade desk at Lind Waldock and MF Global.

Bill is a featured expert on CNBC, Bloomberg and the Wall Street Journal as well as other top tier publications. 

Blue Line Futures is a leading futures and commodities brokerage firm located at the Chicago Board of Trade. We work with clients that range from institutional to professional to novice and from self-directed to broker-assisted. No matter what type of trader you are, our mission is simple; to put the client first. This means bringing YOU strong customer service, consistent and reliable research and state of the art technology. 

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Blue Line Futures and is being posted with Blue Line Futures’ permission. The views expressed in this material are solely those of the author and/or Blue Line Futures and IBKR is not endorsing or recommending any investment or trading discussed in this material. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


23622




Futures

Blue Line Futures - Grain Express


Corn (May)

Yesterday’s Close:  May corn futures finished yesterday’s session down 3 ¾ cents, trading in a range of 5 ¼ cents.  Funds were estimated sellers of 15,000 contracts.

Fundamentals:  Weakness in the soybean and wheat pit did not do any favors for corn prices, as the bearish funds continue to pounce.  Funds are under the assumption that the recent weather through the Midwest happened early enough that it may delay things, but not shift the overall landscape significantly.  In other words, they remain bearish until the market is proven to be bullish.  We know the funds have a record net short position while the producers are holding a net long position for the first time on record.  When the funds eventually look to cover, producers will be there ready to sell, potentially limiting the velocity of a short covering rally. 

Technicals:  The market remains....Get our full report (outlook/market bias/ technical levels) emailed to you every day, email Oliver@BlueLineFutures.com.

 

 

Soybeans (May)

Yesterday’s Close:  May soybean futures finished yesterday’s session down 10 ¾ cents, trading in a range of 12 ¾ cents.  Funds were estimated sellers of 9,000 contracts.

Fundamentals:  The market is exhausted with the constant spin on trade and has discredited optimistic headlines as they continue to over-promise and under-deliver.  One day there will be a deal done, but we continue to believe that China has some leverage going into the election cycle and that a deal is further down the line than people want. 

Technicals:  The market failed to....Get our full report (outlook/market bias/ technical levels) emailed to you every day, email Oliver@BlueLineFutures.com.

 

Wheat (May)

Yesterday’s Close:  May wheat futures finished yesterday’s session down 14 ½ cents, trading in a range of 18 cents.  Funds were estimated sellers of 10,500 contracts.

Fundamentals:  Wheat got taken to the woodshed yet again yesterday as the market sees little reason to be bullish on prices right here right now.  Funds are aggressively short grains and don’t seem to be selling into contract lows for Mpls and KC contracts.

Technicals:  The market broke down below....Get our full report (outlook/market bias/ technical levels) emailed to you every day, email Oliver@BlueLineFutures.com.

 

Our support and resistance levels are ranked by significance, using 1,2,3 or 4 stars (*).  A 3-4-star support or resistance level are significant levels, typically these are intermediate term targets.  1-2 stars are used for shorter term trading setups. 

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC 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. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Visit our website at www.bluelinefutures.com to open an account and stay up to date with our research.

Oliver Sloup is Vice President of Blue Line Futures. Oliver has been a guest on CNBC and Bloomberg, among others. Oliver has over a decade of trading experience. Prior to Blue Line Futures, Oliver worked as the Director of Managed Futures at iiTRADER.

Blue Line Futures is a leading futures and commodities brokerage firm located at the Chicago Board of Trade. We work with clients that range from institutional to professional to novice and from self-directed to broker-assisted. No matter what type of trader you are, our mission is simple; to put the client first. This means bringing YOU strong customer service, consistent and reliable research and state of the art technology.

You can email us at info@BlueLineFutures.com or call 312-278-0500

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com

Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment.

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Blue Line Futures and is being posted with Blue Line Futures' permission. The views expressed in this material are solely those of the author and/or Blue Line Futures and IBKR is not endorsing or recommending any investment or trading discussed in the material. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


23609




Futures

FX Rundown - Blue Line Futures


Euro (June)

Session close: Settled at 1.1347, down 16.5 ticks

Fundamentals: Today was certainly a disappointing session for the Euro given the better than expected German ZEW Sentiment. In fact, this was the best read since March 2018 and the Eurozone number also beat. Adding further insult to injury, U.S Industrial Production missed expectations contracting by 0.1%. Maybe, the Dollar is holding ground ahead of tonight’s deluge from China and Euro buyers are taking a more cautious approach given the longer-term trend. GDP, Unemployment and the trio of Industrial Production, Fixed Asset Investment and Retail Sales are all due at 9:00 pm CT. Tomorrow, we look to the second read on April Eurozone CPI is due at 4:00 am CT. U.S Trade Balance is out at 7:30 am CT, Wholesale Inventories at 9:00 am CT, Philadelphia Fed President Harker speaks at 11:30 am CT and St. Louis Fed President Bullard speaks at 11:45 am CT.

Technicals: We find today more technical with major three-star resistance at ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Yen (June)

Session close: Settled at .8972, down 0.5 a tick

Fundamentals: Today was another unenthusiastic session but the Yen did win a small battle by holding ground much better than its safe-haven counterparts, Treasuries and Gold. However, this can also be a sign of things to come for the Yen. The Yen sees a bit of both sides of the coin when it comes to data from China tonight. Stronger data will signal stability in the region but a bid on risk-assets will deflate the Yen. On the flip side, the could respond strongly to misses as other safe-haven assets pare today’s losses although less stability in the region is seen as less favorable for Japan.

Technicals: Price action remains depress below resistance at .... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Aussie (June)

Session close: Settled at .7183, down 1 tick

Fundamentals: Last night, the RBA released the Minutes from their meeting two weeks ago. The central bank was overall very neutral but leaned dovish. They said a rate cut would be appropriate if inflation remained subdued and unemployment weakened. Although the prospects of a rate hike are very minimal, they acknowledged this would be necessary if inflation and unemployment trended up. Data out of China tonight at 9:00 pm CT will be absolutely crucial for the Aussie as China is Australia’s number one trade partner. This led to a very a quiet session tethered to unchanged.

Technicals: As we have pointed to, we remain Bullish in Bias the Aussie so as long as it stays above major three-star support at .... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Canadian (June)

Session close: Settled at .74995, up 13.5 ticks.

Fundamentals: The Canadian made a U-turn at 8:00 am CT when Crude Oil bottomed. This, despite a miss on Canadian Manufacturing Sales. Overall, price action is as unenthusiastic as it gets and only a drive higher in Crude Oil can keep this from rolling over. Data from China tonight at 9:00 pm CT will have a large impact on both assets. Tomorrow, Canadian CPI and Trade Balance is due at 7:30 am CT. EIA inventory data is due at 9:30 am CT.

Technicals: Given that the next 12 hours are much more fundamental, we must ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC 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. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Visit our website at www.bluelinefutures.com to open an account and stay up to date with our research.

Bill Baruch is President and founder of Blue Line Futures. Bill has more than a decade of trading experience. Working with clients he focuses on developing trading strategies that present a clear objective for both long and short-term trading approaches. He believes that in order to properly execute a trading strategy, there must be a well-balanced approach to risk and reward.

Prior to Blue Line, Bill was the Chief Market Strategist at iiTRADER which followed running a trade desk at Lind Waldock and MF Global.

Bill is a featured expert on CNBC, Bloomberg and the Wall Street Journal as well as other top tier publications. 

Blue Line Futures is a leading futures and commodities brokerage firm located at the Chicago Board of Trade. We work with clients that range from institutional to professional to novice and from self-directed to broker-assisted. No matter what type of trader you are, our mission is simple; to put the client first. This means bringing YOU strong customer service, consistent and reliable research and state of the art technology. 

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Blue Line Futures and is being posted with Blue Line Futures’ permission. The views expressed in this material are solely those of the author and/or Blue Line Futures and IBKR is not endorsing or recommending any investment or trading discussed in this material. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

 


23603




Futures

FX Rundown - Blue Line Futures


Euro (June)

Session close: Settled at 1.13635, down 6.5 ticks

Fundamentals: The Euro was range bound in a quiet session to start the week. A better than expected read on NY Empire State Manufacturing kept a potentially weaker Dollar pegged to unchanged. Chicago Fed President Evans said today the Fed should ‘embrace’ inflation just above its 2% target and consider cutting rates if inflation fell to 1.5% even if unemployment remained low. Evans is a 2019 voter and fellow 2019 voter, Boston Fed President Rosengren speaks tonight at 7:00 pm CT. The economic calendar speeds up tomorrow morning with the closely watched German and Eurozone ZEW Sentiment due at 4:00 am CT. The more closely watched German read is expected to turn positive for the first in over a year. Jobs data from the U.K precedes it at 3:30 am CT and an outlier could set a tone for the Dollar Index. From the U.S, Industrial Production will be crucial at 8:15 am CT. Right now, the Euro has once again responded from the lowest region since June 2017 but now the question is whether it can extend gains and begin digging itself out of this hole.

Technicals: Price action has tested above major three-star resistance at ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Yen (June)

Session close: Settled at .89715, down 5 ticks

Fundamentals: Safe-haven assets took a nose-dive Friday and the Yen broke through a recent floor to trade to the lowest level since December. Equites continued their march higher and the broader market focuses on what it wants and on Friday a recovery in Chinese Exports and Eurozone Industrial Production stole headlines although U.S imports to China shrunk and fresh Michigan Consumer data showed deteriorating Sentiment and Expectations. Today, safe-haven assets consolidated and now face a string of data from Europe and the U.S tomorrow ahead of a deluge from China. This line-up is expected to paint a picture whether growth has bottomed in recent weeks. Tonight, we look to Tertiary Industry Activity from Japan at 11:30 pm CT.

Technicals: The Yen broke through its floor and now looks to ping major three-star support at ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Aussie (June)

Session close: Settled at.7183, down 2 ticks

Fundamentals: The Aussie is holding at near two-month highs as risk-assets find support in the hope that growth is bottoming and of course that a trade deal between the U.S and China is possibly right around the corner. The IMF was upbeat on global growth and said they believe it will “firm-up”. They cited reduced tensions between the U.S and China as well as stimulus measures from China. The Aussie has been able to capitalize on all of this in recent weeks. Tonight, we look to the release of the RBA Minutes from their most recent meeting and any comments on economic activity that could sway perception between the likeliness of a cut in the near future.

Technicals: Last week, we said we were Bullish the Aussie so as long as it stayed above major three-star support at .... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Canadian (June)

Session close: Settled at .7486, down 25 ticks

Fundamentals: We have said for weeks, what disappointing rally in the Canadian given what Crude Oil and other risk-assets have done. Midweek last week, we called the Canadian a fade and it’s been just that into this week as the worst performing major currency against the Dollar today. Weakness in Crude Oil as it consolidates a little off last week’s new swing high certainly weighed on this unenthusiastic tape and this could lead the way to further downside in the very near-term. Tomorrow, we look to Manufacturing Sales and Foreign Securities Purchases data tomorrow at 7:30 am CT.

Technicals: With another settle at and just below a floor of support, we are upping our Bearish Bias in the very near-term. We must see the Canadian continue to secure a close below ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC 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. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Visit our website at www.bluelinefutures.com to open an account and stay up to date with our research.

Bill Baruch is President and founder of Blue Line Futures. Bill has more than a decade of trading experience. Working with clients he focuses on developing trading strategies that present a clear objective for both long and short-term trading approaches. He believes that in order to properly execute a trading strategy, there must be a well-balanced approach to risk and reward.

Prior to Blue Line, Bill was the Chief Market Strategist at iiTRADER which followed running a trade desk at Lind Waldock and MF Global.

Bill is a featured expert on CNBC, Bloomberg and the Wall Street Journal as well as other top tier publications. 

Blue Line Futures is a leading futures and commodities brokerage firm located at the Chicago Board of Trade. We work with clients that range from institutional to professional to novice and from self-directed to broker-assisted. No matter what type of trader you are, our mission is simple; to put the client first. This means bringing YOU strong customer service, consistent and reliable research and state of the art technology. 

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Blue Line Futures and is being posted with Blue Line Futures’ permission. The views expressed in this material are solely those of the author and/or Blue Line Futures and IBKR is not endorsing or recommending any investment or trading discussed in this material. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

 


23581




Futures

Blue Line Futures - Morning Express


E-mini S&P (June)

Last week’s close: Settled at 2912.50, up 20.75 on Friday and up 16.50 on the week

Fundamentals: U.S. benchmarks are holding Friday’s gains as we await earnings from Goldman Sachs and Citigroup. The pair follows a strong showing by JPMorgan, which gained 4.69% Friday and led broad strength in the banking sector. Coming out of the weekend, positive comments from the IMF that global growth will “firm up” have added to those aforementioned hopes that the downtrend in growth is bottoming (discussed in yesterday’s Tradable Events this Week). Leaders at the IMF pointed to easing tensions on the U.S.. and China trade front, accommodative central bank policy and stimulus from China as reasons to be upbeat in the second quarter. Speaking of trade, talks between the U.S.. and EU are expected to get underway today. Despite threats from each to implement fresh tariffs, markets believe the two sides will hash out their differences.

On today’s economic calendar, we look to a pivotal read on NY Empire State Manufacturing due at 7:30 am CT. U.S.. manufacturing data has disappointed in recent months and this number has missed three out of the last four. Chicago Fed President Evans, a 2019 voter, speaks at noon CT and this evening, Boston Fed President Rosengren, also a 2019 voter, speaks at 7:00 pm CT. These speeches come after President Trump again fired shots at the Federal Reserve on Twitter. This time for holding back growth and stock market gains through Quantitative Tightening. Also, Treasury International Capital flow data is due at 3:00 pm CT.

Technicals: Price action is holding strongly after settling above 2907 on Friday. We believe that doing such paints a path of least resistance to major three-star resistance at ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

 

Crude Oil (May)

Last week’s close: Settled at 63.89, down 0.31 on Friday and up 0.81 on the week

Fundamentals: In the S&P ‘Technicals’ section, we described higher prices in the NQ as a necessity to feed the bulls’ appetite. This is true for any market after elevating. The market profile consolidates and if fresh buying does not show up, the risk of a consolidation lower, at minimum, becomes higher. Many times, we and others attribute this to profit-taking. Simply, this is what we are seeing in Crude Oil as prices have been elevated but unable to ‘feed the bull’s appetite’ by trading to and holding out above the highs set last Tuesday. Although this is very technical, a number of fundamental factors have encouraged this consolidation lower. On Friday, data from Baker Hughes showed the Rig Count bouncing back for the second straight week, now to the highest level in a month. Additionally, there was certainly a fear that violence in Libya could lead to further supply disruptions. This was being priced in Thursday and early into Friday as it left a potential cliffhanger into the weekend, as market participants don’t have market access if violence did disrupt supply. Coming out of the weekend, some of those question marks have been answered. Also, traders are in fact taking profit on this run ahead of the start of a two-day OPEC Wednesday. Although the committee is meeting to decide on whether to continue their supply cuts, it is unlikely to decide for at least another month.

Technicals: Much of the above discusses a technical theory. As for straight price action, it has now traded below our major three-star support and a level that defines the immediacy of this uptrend at ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

 

 

Gold (June)

Yesterday’s close: Settled at 1295.2, up 1.9 on Friday and down 0.4 on the week

Fundamentals: The price of Gold is withering away despite U.S. Dollar weakness Friday and another lower session so far today. Upbeat comments from the IMF that growth will “firm up” and broad strength in risk-assets have deterred the need for safe-haven buying. Treasury prices followed losses Thursday by diving to new swing lows on Friday and the uptick in yields has clearly outweighed Dollar weakness. Price action shook off a miss on fresh April Michigan Consumer data Friday and now we look to fresh April NY Empire State Manufacturing at 7:30 am CT today and comments from two 2019 Fed voters. Chicago Fed President Evans is first at noon CT and Boston Fed President Rosengren is this evening at 7:00 pm CT. Although we were upbeat against major three-star support on Friday, we refrained from turning more Bullish in Bias until Gold can show us some technical construction; discussed below.

Technicals: Gold did not show us that technical construction Friday and could not settle out above first key resistance at ... Please sign up for a Free Trial at Blue Line Futures to view our entire technical outlook and proprietary bias and levels.

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC 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. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Visit our website at www.bluelinefutures.com to open an account and stay up to date with our research.

Bill Baruch is President and founder of Blue Line Futures. Bill has more than a decade of trading experience. Working with clients he focuses on developing trading strategies that present a clear objective for both long and short-term trading approaches. He believes that in order to properly execute a trading strategy, there must be a well-balanced approach to risk and reward.

Prior to Blue Line, Bill was the Chief Market Strategist at iiTRADER which followed running a trade desk at Lind Waldock and MF Global.

Bill is a featured expert on CNBC, Bloomberg and the Wall Street Journal as well as other top tier publications. 

Blue Line Futures is a leading futures and commodities brokerage firm located at the Chicago Board of Trade. We work with clients that range from institutional to professional to novice and from self-directed to broker-assisted. No matter what type of trader you are, our mission is simple; to put the client first. This means bringing YOU strong customer service, consistent and reliable research and state of the art technology. 

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at ibkr.com

Information posted on IBKR Traders’ Insight that is provided by third-parties and not by Interactive Brokers does NOT constitute a recommendation by Interactive Brokers that you should contract for the services of that third party. Third-party participants who contribute to IBKR Traders’ Insight are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from Blue Line Futures and is being posted with Blue Line Futures’ permission. The views expressed in this material are solely those of the author and/or Blue Line Futures and IBKR is not endorsing or recommending any investment or trading discussed in this material. This material is for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such security. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.


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Disclosures

We appreciate your feedback. If you have any questions or comments about IB Traders' Insight please contact ibti@ibkr.com.

The material (including articles and commentary) provided on IB Traders' Insight is offered for informational purposes only. The posted material is NOT a recommendation by Interactive Brokers (IB) that you or your clients should contract for the services of or invest with any of the independent advisors or hedge funds or others who may post on IB Traders' Insight or invest with any advisors or hedge funds. The advisors, hedge funds and other analysts who may post on IB Traders' Insight are independent of IB and IB does not make any representations or warranties concerning the past or future performance of these advisors, hedge funds and others or the accuracy of the information they provide. Interactive Brokers does not conduct a "suitability review" to make sure the trading of any advisor or hedge fund or other party is suitable for you.

Securities or other financial instruments mentioned in the material posted are not suitable for all investors. The material posted does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before making any investment or trade, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. Past performance is no guarantee of future results.

Any information provided by third parties has been obtained from sources believed to be reliable and accurate; however, IB does not warrant its accuracy and assumes no responsibility for any errors or omissions.

Any information posted by employees of IB or an affiliated company is based upon information that is believed to be reliable. However, neither IB nor its affiliates warrant its completeness, accuracy or adequacy. IB does not make any representations or warranties concerning the past or future performance of any financial instrument. By posting material on IB Traders' Insight, IB is not representing that any particular financial instrument or trading strategy is appropriate for you.