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ZC1! trade ideas

ZCH21-Technical'sMarch 2021 U.S Corn: Weekly Chart *considering such tight U.S corn c/o, bullish fundamental narrative has not changed. *focus is on SAM weather issues / logistical problems in SAM Price Target: 640'0 | BULLISH OUTLOOK -not surprised to see recent liquidation w/ m.m crts net longs close to 350K and at record-high. M.M making substantial gains recently w/ most of pos. initiating before bullish USDA report during Jan 11.-(which showed a surprise in most grain's and exceeded most trade guess highs ) Studies: RSI, ATR, Volume
CBOT:ZCH2021
by King_of_Beans
Traditional|ZC1!|Long and shortLong and short ZC1! Activation of the transaction only when the blue zone is fixed/broken. Working out the support and resistance levels of the consolidation zone. * Possible closing of a trade before reaching the take/stop zone. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. The breakdown of the upper blue zone - long. Breakdown of the lower blue zone - short. Working out the stop when the price returns to the level after activation + fixing in the red zone. Blue zones - activation zones. Green zone - take zone. Red zone - stop zone (S-SL short stop, L-SL long stop). Orange arrows indicate the direction of the take. Red arrows indicate the direction of the stop. P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
CBOT:ZC1!
by Henry_Ross
Current Corn StructureTop: Monthly Corn (2012-Present) Green box illustrates the current Harvest rally. Currently Corn is up 63% from its August Low, matching the 03/04 rally. The next target above at the 38% retracement of 5.07. **06/07 and 07/08 rallies illustrated above** Middle: US Dollar- US Dollar is trending lower, but the path forward is up for much debate. Higher or Lower??? Bottom : COT / Funds & Commercials – The Funds are Long and the Commercials are Short. We rarley see the Commercials this short In a strong carry market with an abundant supply, especially this time of year. The 03/04 market had the commercials eventually lifting their shorts and followed up with the next couple of years trading in the range that precluded the 03/04 rally. The 07/08 rally kicked off a multi year bull market. Funds long and Commercials remained Short… Upside is unmeasurable, but Bulls proceed with caution. The first run out of a multi year bear, usually isn’t as strong as the later years in a multi year bull.
CBOT:ZC1!
by mtb1980
1
Continuous Corn Then to NowTop: Monthly Corn - Green boxes illustrate Harvest rallies from Aug into the next year. The dark green boxes below represent the end of each rally. Strength of rally’s depend on strengh or weakness of dollar and money flows from the funds and (more importantly) hedge activity from the commercials. Middle: US Dollar- Strong $ discourages a healthy US export market. Slows demand. Weak dollar strengthens the grain markets Bottom : COT / Funds & Commercials – Weak dollar spurs export demand. Demand creates volatility & higher prices. All of which work together to engage the producers selling. The commercials buy the physical (offsetting with short hedges), and the speculators riding the waves. At times the commercials get caught with sudden strong demand or short crop. Commercials can remain short for extended periods until the next supply build. Funds stay Long
CBOT:ZC1!
by mtb1980