Long positionSoybean Meal
Buy limit at support area 351 and 334
Stoploss 320
Take profit 392 and 434.
ZM1! INTRADAY IDEAafter big bearish momentum last candle retracement will happen. Trading plan intraday looking for long around $363.8 and take profit about 40tick (green zone) or set break even SL. after that looking for short at zone (red box) to fullfill the imbalance/FVG candle TP at the swing low. TAYOR
ZM1 bearishafter confirmation candle bearish breakout on H4 our trading plan is buy on pullback and short on zone. Confirmation downtrend already start Daily candle is DOUBLE TOP. TAYOR
ZM! still uptrend still look uptrend after a big pullback on H4. price still bias going up looking for $401 zone fibonaci 50% retracement if this hit need to draw a new technical review. TAYOR
ZM DOUBLE TOP H4 DAILYpotentially to g o down in the box target looking for long to the swing high for intraday
ZM: Level Setting up, Awaiting BOSLevel setting up, awaiting break of structure, bull momentum, new micro level to set up a second leg.
Buy May soybean meal at 340.2, stop at 328.2, tgt at 354.2Buy May soybean meal at 340.2, stop at 328.2, tgt at 354.2 - Our ALGO sees a potential for short covering in the soy complex
Sell H Soymeral at 352.0 limit. If filled Stop @ 361.5, tgt338.6Looking for a bounce on a down trending market
Sell March Soymeral at 352.0 limit. If filled Stop at 361.5, tgt 338.6
Trading commodity futures and options involves substantial risk of loss.
The recommendations contained in this letter is of opinion only and
does not guarantee any profits. These
Sell march soymeal at 3660 limit, if filled stop at 3990.
Aggressive traders ahead of tomorrow;s USDA report can look to Sell march soymeal at 3660 limit, if filled stop at 3990.
Soy Meal Opportunity Launching Pattern Symmetrical TriangleThis is a 1 year rectangle with an 8 week symmetrical triangle offering potential launching pattern - breakout using 30 day ATR of 5 points (45-50%) would target 500 mark offering the trader 65 points x 100 or $6500 for each future traded. Of note, a prior symmetrical triangle in the pattern also oc
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Soybean Meal Futures (Jul 2016) is Jul 14, 2016.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Soybean Meal Futures (Jul 2016) before Jul 14, 2016.