Get started

Sugar

Sugar #11(NYBOT)-Mar. tend to be weak betw. 2 Nov. and 9 Dec.Sugar #11(NYBOT)-Mar. contract Sell on approximately 11/02 - Exit on approximately 12/09 Percentage Correct: 87 Average Profit on Winning Trades: 0.89 Average Profit Amount on Winning Trades: $1001.97 Number of Winners: 13 out of 15 Average Loss on Trades: -1.10 Average Loss Amount on Losing Trades: -1232.00 Average Net Profit Per Trade 0.63 Average Net Profit Per Trade 704.11 SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MORE CONSISTENT COMMODITY FUTURES SEASONALS THAT HAVE OCCURRED OVER THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES MARKETS TO REACT IN A SIMILAR DIRECTIONAL MANNER DURING A CERTAIN CALENDAR PERIOD OF THE YEAR. EVEN IF A SEASONAL TENDENCY OCCURS IN THE FUTURE, IT MAY NOT RESULT IN A PROFITABLE TRANSACTION AS FEES, AND THE TIMING OF THE ENTRY AND LIQUIDATION MAY IMPACT ON THE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT HAS IN THE PAST OR WILL IN THE FUTURE ACHIEVE PROFITS UTILIZING THESE STRATEGIES. NO REPRESENTATION IS BEING MADE THAT PRICE PATTERNS WILL RECUR IN THE FUTURE. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. RESULTS NOT ADJUSTED FOR COMMISSION AND SLIPPAGE.
NYMEX:YOH2020Short
by trad12309
SUGAR SHORT D1 UPDATE - DOUBLE TOP REVERSAL COMING?Hey traders, this is the update for the Sugar trade that I am still currently in. Looks like price has come back up to the green trend line before reversing. Looking left we see that price reached this exact area before, creating a potential double top pattern. If you did not enter before, now would be a great time with a risk to reward of 3. If price can break the neckline bears will be in full control. The moving averages are also looking like a bearish cross soon on the MACD. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobi
OANDA:SUGARUSDShort
by FXShinobi
SUGAR DAILY ANALYSIS - TL TOUCH AND 61.8% FIB RETRACE SHORT?Sugar came up to test the upper green trendline before price reversed. Price then retraced to the 61.8 Fib Level before moving back down. It looks like the bears are in control for now, and Sugar should continue to push lower as October comes to an end. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: Jaylen.Forex Website: www.forexshinobi.com ForexShinobi
OANDA:SUGARUSDShort
by FXShinobi
Sugar could become bitterThe price is lateralizing in this channel composed by the static support at $ 11.50 and the resistance identified by 78.6% of Fibonacci set at $ 13.15. This raw material, in the very short term, seems intent on retesting the high area of the channel just mentioned. On the weekly time frame it closed the week above the dynamic resistance identified by the EMA20 periods. In the short/medium term, on the other hand, the fundamental structure shows some signs of uncertainty. This idea is regarding futures prices, with an excess of stocks in Mexico. Normally that country does not propose itself as a major player in the international sugar market. Now things could change, with the nation that will be forced to increase exports to many countries, including the United States. This in order to drain the huge levels of stored product. INTL FCStone and S&P Global Platts have stated that in the 2019-2020 season, global consumption of sugar will exceed production and this is undoubtedly a good news for futures prices.   Sugar could become bitter and t he price should not be able to break the resistance at $ 13.15. The price should be pushed back on the support area around 11.50. We do not recommend any trade on this raw material, but the target areas are: in the very short term 13.15. in the short/medium term 11.50.
OANDA:SUGARUSD
by BFCMInvest
1