EUR/NZD Short, WTICO/USD Short and SOYBN/USD ShortEUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 15 min rejection or phase line break.
WTICO/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
SOYBN/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
SOYF trade ideas
WTICO/USD Short and SOYBN/USD ShortWTICO/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
SOYBN/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
SOYBEAN A TURN AROUND INTO BULL RUNThe soybean seems to be entering the Bull Run depending on the technical and fundamentals. The Divergence is seen on the RSI charts; Wherein the Seasonality and smart money positions are also signaling a possible turn around into a bull run for the SOYBEAN.
What are your views ????
Soybean Prices: Prepare the Planet Uranus for a Wild RideSoybeans, those humble legumes that power our burgers, biodiesel, and even some makeup, are about to get a serious adrenaline injection. Buckle up, buttercups, because the soybean price rollercoaster is about to take off, and it's not gonna be for the faint of heart.
The quarterly report is done, bearish as fiddlicky shizzer. Good riddance out of the way. It seems that all the bearish news have been priced in already.
We are looking for a reversal at around 1130-1160 area and then we long it to the TITS. A month holding time give or take, taking calls strike at 1300.
Soybeans, we see an UptrendHello investors, I share with you my thoughts on soybeans. Currently, in a strong decline, I have filtered out the next long position for you. Entry and finish positions are marked. I myself trade these raw materials without risk x1, but also partial profits up to x10. Good luck
SOYBEAN - IMMINENT SELL OFFSOYBEAN FUTURES - MONTHLY SUPPLY AND DEMAND ANALYSIS
Soybean sold at Monthly Supply Zone -> Destiny: Monthly Demand Zone
I suggest make the following probable trades:
- Sell Soybean until reach Monthly Demand zone
- Buy Soybean from Monthly Demand Zone until Monthly Supply Zone
SOYBN/USD LongSOYBN/USD Long
• If price impulses up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
A position trade on the daily chart of Soybeans CASH/FUTURES ZSFBasis the Kondratieff cycle position we are currently in the summer season (The season of high inflation) which means higher commodity prices. If the preceding Kondratieff cycle is used as a reference or analog we will realize that during the early portions of the summer season agricultural prices advanced the most up to a point (1973) which was then followed by a bull market in precious metals after a relatively minor bear market. For now the structure on agriculture is quite clear for the coming year or two. We see the main trend as up with significant resistance at the all time high which marks the top end of a range that we have been in since the 2008 high was realized. I believe that we are now in intermediate degree wave one of primary wave 3. I hypothesize that minor wave 3 has begun as of the lows experienced on the 28th of June. We are likely to continue on higher from current levels to test the all time high experienced on Soybeans CASH and Soybeans futures.
$SOYBEANS - Symmetrical Triangle BreakoutJust a clean setup:
1. Textbook symmetrical triangle pattern.
2. Breakout below the lower side of the triangle.
3. Price trading below the key EMA
4. Upcoming areas where the bulls are expected, as highlighted.
5. Wait for candle closure for confirmation.
6. Remember that no one holds a crystal ball. The future is unknown, reality is too complex. This is why despite all the efforts to stack teh odds on your side as a trader, properly managing risk is your number one priority at all times. The name of the games is "staying alive to benefit from long term exposure to good odds and luck.""
Cheers,
Tenacious Tribe - Back Tested, Quantified Trading Strategies & Studies
SOYBN/USD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value?
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present?
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)? ❌
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
SOYBN/USD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value?
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present?
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)? ❌
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
The Basics of MACD: An Introduction to the IndicatorThe Moving Average Convergence Divergence (MACD) indicator is one of the most popular technical analysis tools in use by traders today. It is a momentum indicator that helps traders to identify changes in the strength, direction, and momentum of a security's price action. The MACD indicator is widely used in technical analysis and can be applied to all asset classes, including stocks, bonds, currencies, and commodities. In this blog post, we will cover the basics of the MACD indicator, including how it is calculated and its basic interpretation.
The MACD Indicator Calculation
The MACD indicator is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result is a line that oscillates above and below the zero line. This line is known as the MACD line.
The 9-period EMA is then plotted on top of the MACD line. This line is known as the signal line. The MACD histogram is created by subtracting the signal line from the MACD line. The MACD histogram fluctuates above and below the zero line and provides an indication of the momentum of the price action.
The MACD Interpretation
The MACD indicator provides traders with several signals to assist in their trading decisions. The most common signals are the MACD line crossover signal, the signal line crossover signal, and the divergence signal.
The MACD Line Crossover Signal
When the MACD line crosses above the signal line, it is considered a bullish signal. This is an indication that the momentum of the price action is turning positive, and traders may want to consider buying the security. Conversely, when the MACD line crosses below the signal line, it is considered a bearish signal. This is an indication that the momentum of the price action is turning negative, and traders may want to consider selling the security.
The Signal Line Crossover Signal
Another common signal generated by the MACD indicator is the signal line crossover signal. When the MACD line crosses above the signal line, it is considered a bullish signal. Conversely, when the MACD line crosses below the signal line, it is considered a bearish signal.
The Divergence Signal
The MACD indicator can also provide traders with a divergence signal. This signal occurs when the MACD histogram diverges from the price action. If the price action is making higher highs, but the MACD histogram is making lower highs, it is considered a bearish divergence signal. This is an indication that the momentum of the price action is weakening, and traders may want to consider selling the security. Conversely, if the price action is making lower lows, but the MACD histogram is making higher lows, it is considered a bullish divergence signal. This is an indication that the momentum of the price action is strengthening, and traders may want to consider buying the security.
Conclusion
In conclusion, the Moving Average Convergence Divergence (MACD) indicator is a popular technical analysis tool used by traders to identify changes in the strength, direction, and momentum of a security's price action. The MACD indicator is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA, and the result is a line that oscillates above and below the zero line. The MACD indicator provides traders with several signals to assist in their trading decisions, including the MACD line crossover signal, the signal line crossover signal, and the divergence signal. It is important to note that the MACD indicator is just one tool that traders can use to analyze the markets, and it should be used in conjunction with other technical analysis tools, such as trendlines, moving averages, and support and resistance levels. Additionally, traders should use proper risk management techniques, such as stop-loss orders and position sizing, to manage their trades and protect themselves against potential losses.
Traders should also be aware that the MACD indicator is not infallible and can generate false signals, particularly in choppy or sideways markets. Therefore, it is important to confirm MACD signals with other technical indicators and fundamental analysis, such as news events and economic data. Additionally, traders should always be cognizant of the overall trend of the asset they are trading and adjust their strategies accordingly.
In conclusion, the MACD indicator is a versatile and widely used tool in technical analysis. By understanding its calculation and interpretation, traders can use it to identify potential entry and exit points in the markets. However, traders should use the MACD indicator in conjunction with other technical analysis tools and practice proper risk management techniques to improve their trading success.
SOYBN/USD LongPositive Confluence Factors... (13)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value?
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present?
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present?
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss? ✅
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames? ❌
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Multiple possible entry types?
14. Limited R:R available?
15. Hook point sat just beyond stop loss?
16. Entry around swap hours?
17. Entry directly before major news announcement?
Soy Bean (The Future is Bright?)View On Soy Bean (26 Jan 2023)
What a lovely Bullish Price action we had.
It also have a strong monthly swing level (1450~1470) to boost.
I am expecting the price of Soybean is to go UP further.
The momentum will pick up stronger once the price has broken up 1510 region.
Le't find out.
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.