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Soybeans

Soybeans /ZS - Short Premium - Short straddle into high IVRSoybeans are offering a short premium opportunity as price perhaps starts making a bit of a floor. I have sold a straddle at 840 w/ 45 DTE for a maximum profit of $2500. A few things made this an attractive trade such as the high implied volatility and price having reached a key support level where I hope price stays buoyed while I run out the clock and collect options premium. The high implied volatility has allowed me to sell a straddle that has a break even range of $100 or greater than 10% of the total value of the underlying which makes me feel comfortable with the risk/reward of this trade.
CBOT:ZS1!
by krugman87
Nothing is trending o.0 Dead week ahead?Hey, like all my chart styles? They're pretttyyy :) Perfect dead week ahead, good timing as I did ZERO of the research I wanted to do this week end, I want to peace out for a while. I just set my 25-30 alerts which takes me 1h-1h30 every week (last week i only set less than 10 only wanted to trade clear trends). I watch a little over 20 FX pairs, 4 metals, half a dozen commodities, and if I remember correctly the only one I saw clearly trending was soybeans: And still not sure. Oh well maybe there was 1-2 others. What's going on lol. I am just going to trade big supports with rsi divergence then? I am asking myself if I did not get too demanding and too picky. But probably not, I did not become much more strict, there is really not much action only uncertainty going on. Wasn't in a hurry to get rich anyway. This is perfect for anyone making the jump from crypto, we can take it slowly, take our time to do research etc. While every one is lazing around, going on holidays, we will wait in the shadows and prepare, analyse everything, chart the past, backtest strategies, and egt ready, for when the cattle is back, we will strike swiftly, and without mercy, and strike again, and again, until they are all defeated and our belly is full. TO VICTORY!
by MrRenev
Soubean Futures Bearish outlookAfter seeing such a steep recent decline I started looking for signs of a bullish bounce. Unfortunately, it looks brutal: 1. recently retraced more than 100% of previous up-move, which indicated additional consolidation / correction is needed. 2. While it is a little messy, I can make out a 5 wave down move from the 2012 highs. This would mean we are likely only slightly over half-way in the current correction. 3. The symmetrical triangle is also likely part of primary wave B (which often takes the form of a triangle) and it indicates continuation in this case. If there wasn't significant selling pressure then wave (C) would normally surpass (A). The move could go to $270 if the primary wave C meets a 1:1 extension of wave A. If I end up trading this I will lock in profits along the way in case primary wave C doesn't meet a 1:1 extension. I am not a financial professional. This is a 100% technical analysis and has not considered any fundamental factors. I prefer to present both views normally, but if there is a bullish case I can't see it from the price action alone.
SShort
by flyinkiwi10
Soybeans Calling BIG down day today for beans. Looks like a weak Argentina crop cant compete with a +500bu carryout in the US. And talk of farmers increasing acres... How is the thought of that going to help things. This tariff talk... Not going to be friendly in regards to US exports to china. And about those technicals... I mean come on. This market was OVERBOUGHT. end of story. I think this one is a near term short play. Momentum is headed down. Get out of the way and catch a ride down the hill. New support will be found or it will head all the way down to the lower parallel. I mean yes, large specs are still long overall, and this thing could get choppy with another super dry forecast over the weekend. Buuuuut too many bearish indicators in this one telling us its due for a little beating. How much lower could we go? That is the magic question my friend. But for now, sure feels like some short term profit potential is calling. We will see how this plays out...
CBOT:ZSK2018Short
by Mr_BidAsk
short the heck out of DEC.soybean meal (SM1!)super promising trade of 1st quarter short the heck out of soybean meal (SM1!) overview of past weeks ytd www.agweb.com and upcoming action www.agweb.com 4Hr DAILY WEEKLY im personally bearish meal due to the huge runup. www.agweb.com "South America Conditions - The 2018 Argentina bean crop is one rain event away from being significantly large. This could hurt exports for the US crop forcing a larger carryout. A supply disruption in South America is really necessary for a significant price increase at this point. Guaranteed Profitability - I know beans are profitable now and corn is not, so I want to lock in prices." my target of december 2018 contract is below last years low of 2017 at or near 300. aLSO, MY FIRST CHART INDICATOR (ENI) IS ABOUT READY TO BEGIN ENTRY INTO RED ZONE IN A FEW DAYS. AS ALWAYS DO YOUR OWN DUE DILIGENCE.
SShort
by geologist
1
Bullish beans pending breakout New crop beans are a little indecisive here at this point in time. But there are a few key indicators pointing to a movement upward. 1. Fundamental Analysis: - China has been on holiday the last week. beans are cheap when comapred to rest of global market. - China needs to buy beans for nov coverage. -when they get back you will see big buying which will allow us to have good exports. 2. Technical Analysis: - stoch looks promising - big buying last couple days bringing increased momentum. - bullish channel forming nicely after bounce from the support -ascending triangle forming within the bullish channel Look for a breakout through resistance of ascending triangle, then look for price to test upper side of bullish channel. If price is held at ascending triangle resistance, look for move to lower side for another bounce off of support.
CBOT:ZSX2017Long
by Mr_BidAsk
Soybeans (Supply & Demand levels) 1H ChartSupply and Demand levels for Soybeans / 60 Dark red = Fresh supply zone Light red = Re-tested supply zone Green = Fresh demand zone Light Green = Re-tested demand zones Short term analysis: Price is moving in a bullish channel with price pulling back from Point of Control (VPS). Lower channel trendline is close to two fresh demand zones supported by high volume. Bearish scenario: Price pullback to demand zones and fails to continue breaking below the 10$ psychological level. This could result in a move down to 9.85$. Additional support is likely to be found at 9.783$, Daily chart pivot point. Bullish scenario: Buy orders are filled at the two fresh demand zones and price re-enter channel. Strong supply lies in the range of 10.24$- 10.60$. Past that level notable supply can be found between 10.339$ / 10.367$
OANDA:SOYBNUSD
by doctorntz3
Yes! Right Time to Buy SoyBean!I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal. It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail. Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades. My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favorable trade setup and plans.
FOREXCOM:SOYUSDLong
by Dinkan