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 .
XK1! trade ideas
No action in bearish channel since Aug/2015 Weekly:
- Huge bearish channel, but not much price action seen since Aug/2015
- Ichimoku setup is still bearish, strategic reversal level is ard 960
- Heikin-Ashi shows hesitation, with haDelta positive divergence
- EWO also have minor positive divergence
Daily:
- 855 key resistance worked again, price pops, making Ichimoku neutral
- Key reversal level (upper supp/res) is ard 880-890! Watch trendline, 100 WMA and Kumo!
- Heikin Ashi is bullish
SOYBEANS: SHORTS FAVOURED AGAIN- SEEKING DEEPER MOVE #SOYTraders,
Update idea, we have made very nice money with Soybeans so well done to everyone who followed me on that idea, especially well done to those in my signal group who got this idea in realtime!, it went well. We are now looking into a continuation short to maximize our profits.
After a short recently, looking to short once again. We're at a good area, pinging off recent divergence, looking for a lower low hopefully. This would, in turn, ignite a deeper correction and give us some downside move.
Best of luck
Tom
---For online and face to face personalized tuition, and signals packages, message me here on Trading view, or message me with the email address on my Trading view profile page for discounts---
Soybeans at crucial dayCan it be the first AG to show any signs of life? Still remains heavily skewed towards downside
SOYBEANS: SHORTS FAVOURED AGAIN- SEEKING DEEPER MOVE #SOYTraders,
Update idea, we have made very nice money with Soybeans so well done to everyone who followed me on that idea, especially well done to those in my signal group who got this idea in realtime!, it went well. We are now looking into a continuation short to maximize our profits.
After a short recently, looking to short once again. We're at a good area, pinging off recent divergence, looking for a lower low hopefully. This would, in turn, ignite a deeper correction and give us some downside move.
Best of luck
Tom
NOTE: For online and face to face personalized tuition, and signals packages, message me here on Trading view, or message me with the email address on my Trading view profile page for discounts.
Thank you.
Soybeans: Shorts Favoured Again- Seeking Deeper Move #SoyTraders,
After a short recently, looking to short once again. We're at a good area, pinging off recent divergence, looking for a lower low hopefully. This would, in turn, ignite a deeper correction and give us some downside move. We are at small wave after an impulse and failing at the 20MA. This is the final breath for Soy, and we have a high chance of hitting wave target without any pullbacks now.
Best of luck
Tom
NOTE: For online and face to face personalized tuition, and signals packages, message me here on Trading view, or message me with the email address on my Trading view profile page for temporary discounts.
Thank you.
Soybeans: Shorts Favoured Again- Seeking Deeper Move #SoyTraders,
After a short recently, looking to short once again. We're at a good area, pinging off recent divergence, looking for a lower low hopefully. This would, in turn, ignite a deeper correction and give us some downside move.
Best of luck
Tom
NOTE: For online and face to face personalized tuition, and signals packages, message me here on Trading view, or message me with the email address on my Trading view profile page for Christmas discounts.
Thank you.
NOTE:SOYBEAN POSSIBLE WEEKLY WAVE COUNTER It is possible to count, But we need to wait for next spring, And then decide whether to take action!
Soybeans: Good Shorting Opportunity After Weak Correction #SoyTraders,
Good opportunity to get a short after a poor correction.
-Strong bearish engulfing
-Verified pullback using Fib levels.
-Verified trend direction using moving averages.
-Demand zones found and predictable assumptions can be made.
-Soy beans are junk and have been this entire year.
With many technical circumstances outlined on my chart, you can see how lucrative this trade could be.
Note:Interested in personalized online or face to face trading tuition? Message me here on Trading view, or email me with the email address on my Trading view profile page
Best regards
Tom
Soybeans - Look at this interesting chartLook at this really interesting chart of Soybeans. I entered long Corn almost a week ago and I was waiting for a good signal on soybeans. The price reached the rejection line of the descending channel. Volumes dropped on the last down move, and the 14 periods RSI shows a strong divergence. I believe a break back above 900 dollars would be a strong bullish signal.
Counter long before/after USDA? #HeikinAshi is positiveI have been hesitating for 3-4 days wether to open or not some long position in Soybeans.
Finally I did it today, but as the big picture is still bearish, this position has to be treated as a counter trend trade, which means size is only 0,5 risk unit.
Weekly:
- Long term bearish ichimoku setup, but: Price got far below Kijun Sen (should attract it back), Future Kumo got very thin, as past 52 weeks volatility decreased, actually Senkou B (52 weeks average) is down to 972!
- Possible Heikin Ashi signal for a pull back.
- Obviously USDA report will be decisive today, but if comes positive then haDelta/SMA3 would move back above zero line and in coming weeks we could see a correction up to 950-970 supp/res zone.
Daily:
- Ichimoku setup is bearish, but if Price clearly closes above Kijun Sen, we may see some short covering, with a possible squeeze tgt to 925-950 zone initially.
- Heikin Ashi is bullish. Important to see if haDelta/SMA3 cross above zero can stay after today's report.
Bullish momentum as a consequence of weather conditionsJune brought an abundant wave of relentless storms, almost double the normal monthly rainfall, and a strong rally in grain prices. The wet conditions have spurred a long list of concerns for U.S. farmers and U.S. crop conditions substantially deteriorated in the final two weeks of June, according to the USDA.
Nitrogen leaching and the lack of days available to spray post emergence crop protection chemicals are two of the major concerns affecting crop conditions. Weed, pest, and disease pressure may all increase as the growing season progresses due to the deadly combination of wet and cold weather after planting, followed by delayed spraying.
Also, soybeans are known for an inverted correlation with the US dollar.
Sources:
www.investing.com
www.investing.com
www.whig.com
www.signalfinancialgroup.com
www.investing.com
Commodities are less risky than forex and stocks, but beware of consequences if you trade on other's people ideas anyway.
Soybeans - Can it reach 1100?Weekly:
- Ichimoku setup is neutral (bearish consolidation)
- Heikin Ashi setup is bullish, but price has to fight with weekly Kijun Sen and trend channel top. Will it break or will it dip again?
Daily:
- Very impressive move from a double bottom, price soars above Kumo. Chikou Span also ticked above past Kumo, but price faces some headwind at 1000 resistance.
- Heikin Ashi started to show some slowdown in extreme bullish momentum. The short squeeze rally may take a pause, haDelta started to decrease from extreme high.
- We will see some sideaway consolidation or a pull back to 960-965 support, which I think would be an optimal risk/reward entry for longs.
Soybeans - Pull back may be over at bearish Kijun support- Ichimoku setup still in favour of bears. Price retested Kijun Sen. 955-960 seems to be a strong bearish support (trendline, Kijun, Kumo)
- Heikin Ashi signals changes from bullish to neutral: doji candle + haDelta/SMA3 is turning down. As the signal happens at bearish support, we have to be ready for possible bearish swing and trend continuation.
I closed all my swing longs yesterday and today, I enterred some short now at 9,4750.
$SOYBEANS: TARGET 1 COMPLETE!See out PLAN SETUP:
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SignalSuisse
Soybeans - Small buy with tight stop at last supportWe have quite a mixed picture on Soybeans, as it has really not been trending, still moves in a range, and possibly in a flag. The patterns on both weekly and daily time frames are really interesting, and within next few trading there may be a major move.
Weekly:
- Ichimoku setup is bearish/neutral: Price is below Kumo and Kijun Sen, but Chikou Span hit past 26 weeks candles, and also very interesting to see Kijun Sen (26 weeks avg) to point up, while Tenkan Sen (9 weeks avg) being flat. Anyway this is still minor bearish bias, until Price stays below Kijun and major Trend line.
- Since mid November/2014 weekly price has been drifting lower in a possible flag formation. A break above 974 and later above 1006 is needed for a possible bullish extension to retest 100 WMA and Kumo.
- Heikin Ashi signal is bearish, but we have a few more days left from this week. haDelta/SMA3 is not really convincing, as it is still ard zero line and has some positive divergence.
Daily:
- Ichimoku setup is bearish biased, but can not be called strong bearish until Price can not make a lower low. All Ichimoku average lines are flat, and we have a very thin Kumo above Price.
- Price was pushed down to ultimate support zone 948-958 during last four days, but teh Heikin Ashi signal yesterday and today suggests a possible spike again.
- We also have a possible bullish wedge formation here. A break will occur within a few days. Given the Heikin Ashi signal it is not impossible that the break finally happens on the top side. That would also mean a Price/Kijun Sen weak bullish cross. So the upper level to watch closely is 972! Wether it will be able to break through the Kumo later, or only reaches range top, that remains a question.
I enterred 0,5 unit long position with stop below 942. WI would add 0,5-1 unit more above 972.
Soybeans - Still sideaway, probably more bullish action aheadWeekly:
- After 5 months (!) of range trading Chikou Span hits Price candles. Tenkan and Kijun stay close together, Price is just a bit below Kijun Sen. Ichimoku setup is turning to neutral/less bearish
- Weekly Heikin Ashi candle and haDelta/SMA3 signals a possible bullish move ahead in next weeks
- A Price/Kijun cross would allow gains up to 1060. Since Chikou would then cross past candles, a move to 1100-1150 is also possible.
Daily:
- Multi layered range, with middle equilibrium area at 997-1007
- Ichimoku setup is neutral as Tenkan, Kijun and Senkou lines stay all together and are flat line.
- Heikin Ashi setup is short term bullish again.
- Please note, that is Price breaks above 1007, that will cause longer term bearish trendline break and a Kumo breakout too. More bullish acceleration would come over 1060.
I started to accumulate some longs again.
Soybeans rangeSoybeans (ZSK15) BREAKING OUT to the downside from a 5 months triangle. First target 928.0
ZS Soybeans futures in continued declineIn the accompanying chart I show a high probability support zone for $ZS_F Soybeans at approx. $835 - 790 zone. If demand signals start flipping and firing, that may be a good place to go long. Meanwhile, in the absence of any real demand, I can't see a turn around. The recent lows look vulnerable.
Soybeans bear marketSoybeans monthly chart showing H&S. Targeting 780.0. Find opportunities to enter short. Weakness in the overall bean compelx and grains.
