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Wheatfutures

Rally in Wheat will continue. Possible entriesYou know I am a big fan of commodities and especially tight markets like wheat, live cattle, etc. These instruments are less manipulated and less speculative. Usually, they follow their setups very well. Getting above Friday’s high is potential swing entry. We have a triangular formation on the daily chart. Sometimes price makes false breakdown before the rally. So, it is another potential entry, if that happens. Wheat has a strong seasonal tendency to rally till September.
CBOT:ZW1!Long
by UnknownUnicorn1156963
KE-ZW (Kansas-World Wheat) Spread; A Long for $0.60-$1.20!!This spread was a career-ender for many wheat brokers/traders - large and small(!!) - in the past 2 years!! Throughout history, this reverted from -$0.40 right away but not this time and so even pros rode their entire account/capital into the ground, to $0 or worse! (Just a gentle reminder that futures trading does involve risk - in case anyone was still confused before this happened. :-) One is likely looking at a major turn here, in progress, probably good for $0.60-$1.20 (or about +800%-1000% in 2-3 years). Make this your 401K?!...
CBOT:KE1!Long
by Nemo_Confidat
Cycle is down for Wheat until August 31st.Wheat has just finished a corrective move and because of its nature (Wheat is a very volatile instrument) it may seem to an untrained eye that the trend is up. However, that is not the case in my opinion - cycle is down. To approach this trade now we go long September PUT options, strike 475. The approximate price target is 435 at the point when the cycle bottoms. Later on I will upload ideas giving out recommendations to trade the futures contract, for now we want to limit our risk. Fundamentally, Russian farmers this year are expecting a record crop since the late 1980s, according to the head of Russian agricultural department (Russia is the largest producer and exporter of the grain). Despite this fact, I would avoid reading the news regarding wheat as a trading strategy. There is a lot of misleading information and I just read it for entertainment, not for trading. Please do remember that futures trading involves a substantial risk of loss and is not suitable for all investors. Don't listen to the noise and I know that you will make a success. Have a good weekend, fellow traders!
CBOT:ZW1!Short
by CSInvestment
Rally in wheat is not done yetWheat futures rallied last week as it was expected. Congrats on your profits! Wheat is one of my favorite instruments. It follows setups very well. Many traders focus on more volatile instruments. But that is wrong. As traders, we have to be focused on a less speculative instrument that gives a better risk/reward ratio. I believe the price will retest recent highs near 570. But this market needs some breath. It is overbought on smaller time frames. However, Wheat is a very tight market. Usually doesn’t give big pullbacks. I continue to look for and take buy signals in this market.
CBOT:ZW1!Long
by UnknownUnicorn1156963
ANALYSE DU BLÉ ! VENTE MOYEN-COURT TERME la semaine dernière sur l'amélioration des perspectives du commerce américain avec la Chine, bien que bénigne aux États-Unis. les prévisions météorologiques ont poussés les vendeurs sur le marché du blé à vendre une partie de leurs stocks. . le département américain publiera mardi le 30 ses derniers rapports sur les stocks des céréales américains trimestriels . Les analystes s'attendent a une augmentation de l'offre ce qui pourrait emmener à la baisse le cours du prix du blé et des autres céréales à la baisse à court terme. Analyse technique : Mois(graphique en bas): la tendance de fond représentée par l'oblique représentant l’histoire du cours du blé depuis 1971 est haussière . les prix pour le moment son bloqués par un niveau pivot à 499.6 $ le boisseau. Au niveau ichimoku. les prix sont dans le nuage donc montrant un signal neutre pour le moment; mais les autres éléments de ichimoku montrent aisément qu'on entre dans une phase de stabilisation donc début d'un potentiel range. Avec comme indicateur la matérialisation d'un squeeze et le niveau plat de kijun et de la tenkan. Semaine(en haut à gauche): la tendance de court terme est bel et bien baissière . les prix sont en dessous su nuage , la tenkan en dessous de la kijun et la chicou qui ne semble pas avoir d'obstacle a part des niveau support de court et moyen terme . le squeeze qui montre son nez semble nous indiquer que la tendance n'a pas fini de donner son dernier mot. j'ai donc ciblé comme objectif 436.4 $ et comme deuxième objectif 439.4$ qui représente un niveau clé historique . Jour(en haut à droite): Après avoir clôturer en baisse avec prêt de 2.5% le vendredi, les acheteurs semblent avoir repris la main pour un certains temps . nous attendrons donc le signal vendeur avec les bougies HA pour renforcer noter position vendeuse sur cette matière première.
CBOT:ZW1!Short
by abro.michael