Long July Bean Oil at Market(ZLN22)Buy July bean oil market at Market. Stop price is 7236, 1st Target Profit(TP) 79.72
FSOY1! trade ideas
Soybean Oil Future (ZL1! ), H1 Potential for Bearish ContinuatioType : Bearish Continuation
Resistance: 81.27
Pivot: 79.67
Support : 78.42
Preferred case: With price moving below the ichimoku cloud, we see a potential bearish continuation from our pivot level of 79.67 which is in line with 50% Fibonacci retracement towards our 1st support level of 78.42 which is in line with the horizontal swing low support.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance level of 81.27 in line with 78.6% Fibonacci projection.
Fundamentals: No major news.
Soyabeen Futures USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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Soybean Oil Futures (ZL1!), H1 Potential for Bullish rise!Type: Bullish rise
Resistance : 76.62
Pivot: 73.05
Support : 71.50
Preferred case: With price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the 76.62 in line with the swing high resistance from our pivot of 73.05 in line with the 38.2% Fibonacci retracement and the horizontal overlap support.
Alternative scenario: Alternatively, price may break pivot structure and head for 1st support at 71.50 in line with the 61.8% Fibonacci retracement and the horizontal swing low support.
Fundamentals: No major news.
Soybean Macro Monthly DivergenceMonthly divergence at long term resistance
Don't trade it - but its so clear its worth noting....
Soyabeen Oil Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Bad examples of the trade prior high low strategyA challenge is to adapt the strategy to prior days conditions: if in the past a low below prior day caused a rally the you have to trade long, if a breakout in the past created sideways action then you simply avoid the market
Week 09 Long trades on commodities continuemy current positions:
www.tradingview.com
Stock market indices have no clear long or short direction
Bitcoin and gold might go up again.
Soft commodities short
SOYBEAN OIL BUY SET UPZLZ21 , SOYBEAN OIL is ready to move up in price as we have divergences and buy imbalances Entry price 58.50 Take profit 64.58 ,SL 53.41
follow my signals and make profit ,check my past signals to confirm how accurate i am
SOYBEAN OIL BUY SET UPZLZ21 , SOYBEAN OIL is ready to move up in price as we have divergences and buy imbalances Entry price 58.50 Take profit 64.58 ,SL 53.41
follow my signals and make profit ,check my past signals to confirm how accurate i am
BEAN OIL SELLING OPPORTUNITYBEAN OIL SELLING OPPORTUNITY ON MONDAY AT OPEN MARKET - TARGET I STHE NEXT SUPPORT - PROBABILITY H
Soybean oil reversing?Soybean Oil
-market reversed gains and closed lower on technical selling and profit taking after recent surged despite latest export soared
-market likely to move lower if market stays below 62.50; target market range 60.00-62.50
-support level:
S1 62.00 S2 61.39 S3 60.77
-resistance level:
R1 63.00 R2 63.61 R3 64.23
-yesterday daily settlement: 62.58
mid: 63.71
strategy 1: Short if stay below 62.00
tg stop 62.61
tg exit 60.16-61.39
strategy 2: Long if stay above 64.50
tg stop 63.89
tg exit 65.11-66.34
Soybean Oil (Neutral so far)We can't be sure at this point that in the short term soy bean oil is going to continue to move up even though we had multiple 1h tests on a major 1D prior LH level from above.We can spot an ascending channel on the daily time frame, in which the price is near the top line. In the previous 2 occasions when the price reached this level it promptly corrected down to the lower line of the channel. The volume is also dcreasing on this occasion, looking more and more like a reversal. If however, we breakout of the top of the channel in the near term with a confident test from above, a potential Long trade is possible.
Soybean Oil Reentry (CME comp)If test above the daily blue line, go Long, if below and rejection await further pullback, potentially to the triangle then go Long.
Soybean Oil LONGCot commercials index increased and seasonality is pointing to higher prices
Entry as usual above prior days high and exit with trailing stop below prior days lows
If this will turn out to be a supertrend like on crude oil i will hold the position till price closes below 18 moving average.
ZLZ20219.22.21 Soybean Oil: working a hypothetical long trade...........................................
The opportunity in Saybeans The opportunity in Saybeans
The entry point is 47.9-42$
First target 55.7$
second target 63.4$
third target 74.55$
stop-loss 35.13$
ZL1!9.2.21 Soybean oil : Expanding markets: Gartley Pattern : Using price action techniques to finesse the trade for better results.
ZLZ20218.27.21 ZLZ2021 Fussy Logic Part 2: Alright looking to call this fuzzy logic part two but really this is about markets that have complex algorithms which will work, and each one may give the advantage to the buyer or the seller. To some degree multiple algorithms are correct and their magic will be associated with the initial trade location. One possible algorithm could be associated with the way markets fill gaps. I personally believe that there is a certain algorithm to markets at support lines and resistance lines and that it is not particularly difficult to understand, but the trade decision may be more complex in practical terms. I would recommend listening to part one, and then listening to part two. The underlying message is that it is probably more advantageous to identify some of these subtle behaviors even though this adds a little bit of complexity and potentially complicates your trade decision. My belief is that from a longer timeframe perspective if you don't freak out at more observations and more variables, it will actually help your trading... If you give it time and patience. Some people require less information and that matters. I am okay with more information, but I can tell you that my trade decision boils down to very few variables at the point of making the trade decision. In other words I would like to think I take in the broader scope, I honed in on the more recent behavior, and then I have relatively wanted to variables to decide my trade decision. I can tell you this, if I am clearly not sure of the market, and I see no particular advantage to the trade that I am considering, my shut off valve automatically defaults to the decision not to take the trade, at that point I absolutely let it go. It's the only way for me to reduce unnecessary stress. I'm in or I'm not, and of the story. There is another issue that one of my students has. It is a ubiquitous issue for traders, and that is that she'll get into a trade at times and she will be up all night watching that trade. This is a very big problem, and it can lead to burnout... even though you are trading profitably. We will talk about this on future videos.
ZLZ20218.26.21 ZLZ2021 Taking another look...thinking about trade strategy..................................( also looked at Oil )
