ZLN16Momentum trade - early entry to the upside. Risky due to time of entry but I like my chances on the trend continuation. Tight stop with target set near highs.
SJC1! trade ideas
Short ZSN2016 at 1030, Stop at 1057, Target at 982ZSN2016 had an increadible run based on fundamentals during last 60 days. It has now reached an important resistance level and posted a reversal candle. The DXY seems to be reversing upside and that will also help the whole commodity complex, which seems overextended, start a correctionto the downside.
Soybeans Long PlayPrice did not make the corrective move down to 975 during last week as was preferred by us but rather traded a sideways pattern between, roughly 1010 and 1050. It doesn't change our general expectation of the development of this price but we need to adjust our preferred path a bit. We take our view to the upside from here and have a bias with 1100 as target which we would like to see reached latest by the end of May. If price breaks the 1000 level, however, we will have to go back to the drawing board again and start considering the correction down after all. For now we are in for a 5% swing up from current levels.
SoybeansSoybeans:
Price has made a strong move up during most of April but is now running a bit out of breath and needs a correction before it can make another move up. Price is now in a 4 of (3) but has not made a decisive move yet to complete same 4. Ideally, price will make a move down to 975 during first half of the coming week before it reverses and develops its 5 of (3) which should take price up to the 1100 level during the remainder of May.
BON16Sorry for the late post shorted this couple days ago. Looking for price to reach the 32.60ish level. Stops are moved into profit as of this afternoon. Hopefully by Friday we have a solid move down.
Short Soybeans against Corn long termThe soybean/corn spread presents a great opportunity to short into historical lows.
Soybeans breaking up after accumulation Soybeans today gapped up after friday closed obove the broken trendline. Im going long here because softs are way behind metals and energy, black line is comparing with commodity index
Soybeans: Some Upside Action Might Finally Be HereComments on the chart. Lookout for the idea on the daily chart as well
WATCHINGSOYBEAN IS EXACTLY ON S/R TREND LINE AND WITH BULLISH TRIGGER FOR EXAMPLE CANDLE I WILL ENTER TO BUY POSITION AND SELL AFTER BREAKOUT IS THE OTHER POSSIBILITY
Possible bottom in MayWith the break of the trend line, red lines are targets untill May. This bottom will be an important one for many years to come.
Short Setup and Trade for Soybean CBOTI have my own trading system depending on only numbers and dependin on my system it said short. I only want to publish here to track my records and share with the public.
Soybeans weekly TAThe wave count in this chart differs from the one in the monthly. If this one holds true, we should be in W3:W5:W4, which is supposedly in a rectangle shape below the previous major support, which is now our major resistance (the red line). Daily analysis will give us a better understanding of the inner structure of the wave in making, and will hopefully provide us with a tradable picture.
Soybeans monthly TAIt seems what W. D. Gann said some half a century ago still holds: "Soybeans is the king." Now this king is still away from a powerful support. It so seems that a 5-wave move is to be completed by the LMLH. Stoch seems quite happy and restful in the oversold zone. We are in the sixth narrow monthly bar, and technicians would love to see a NR7 breakout. But what I believe is that we have to be vigilant against a premature breakout, since it is also highly likely here. All in all my sentiment is bearish. And will be so until we see mid 700s.
Tick-tock-tick-tock flat line... maybe upWeekly:
- Absolutely dull. Major comment: "??????"
Daily:
- Neutral. Tightenning triangle
- Based on Heikin-Ashi signal, maybe up... but in fact it is still a noise.
Fun conclusion:
"Soybeans must be made of EURUSD" :-D
ZS looking more and more tempting.A little lower and Im not sure I could resist a low risk (punt).
If it doesnt, I will look to enter on a decisive break of the upper band of the L/T down channel.
Break of HZ support, will look to enter.
Still will be a great trade for 2016 either way
Still waitingAnother commod that looks like primed for a big move. Just waiting for the U$ to decide
Good morning Bulls and Bears!Wake up call. Is this trendline breaking? Are we going to see a bullish Kumo breakout within few days?
Anyhow, Heikin-Ashi signal and EWO is improving bullish .
