Price has confirmed an Uptrend after violating a Monthly Supply and now is reacting to a Quarterly Demand which should take around a years time to achieve the benchmark of 4:1, the exit is tricky and if not exited @ given target profits may decline rapidly. This trade will help u increase your savings, as its gonna take a years time due to Price coming from a...
Opinion: The recent escalation in the Russia-Ukraine conflict, following the assassination attempt on the Russian president, has raised concerns about the potential impact on global wheat prices. This situation becomes even more significant if Russia decides to withdraw from its agreements with Ukraine. As major players in the global wheat market, Russia and...
Green shade on the jupiter pendulum at key levels Look for buyers to step in here and for the blue confirmation candle
SUGAR RAWUSD Bearish trend forming for Sugar Commodity We are seeing a Elliot 5 pattern way theory occurring as well on the 2-3 hour charts. But most importantly sugar is spiraling down towards a major support level. Clearly the uptrend has broken it's trend line with a fake cat bounce/retest making it definite the reversal has occurred. FIB LEVELS also...
Possible top in the making from here with 12.25 as the first downside target
Massive extremes on the PMARP. being a bit pre-emptive on this short since theres been no confirmation, only slowing momentum on the short timeframes. Large speculators are the most long sugar since august 2021, so its getting pretty crowded. Similair fundamentals to this as coffee, only more extreme on the COT side.
Please use the position tool to guide your entry and/or exit into the position. I will update the idea whenever necessary. Look forward to more profitable trading signals. Happy trading: You're welcome!
ICEUS:CT1! Cotton! Bless ya cotton socks, they say! I been checking the commodity index and things may get funky... Now I went through sugar, that's looking like it's little over extended, now here's a beautiful chart of cotton! Let's dive into technicals: Pattern: Wedge Highs: 90.15 Lows: 72 Now if we break the lows of 72, I expect 67.55 and then 62.25...
Commodities Are Best Traded with Trend Following Delivering a comprehensive service of trading systems, risk management strategies and psychological guidelines allows our customers to trade in less than thirty minutes per day. Arabica coffee futures in the US traded around HKEX:194 per pound after hitting an over 6-month high of HKEX:205 on April 18th, on...
ICEUS:SB1! Oh sugar! Looking expensive in my humble opinion! Lows: 24.25 Highs: 27.30 We had the bullish flag formation, ever since then we been riding higher but it's at key Fib area and resistance zone! I expect sugar to pull back a little to next lows. However, we could still reach 30 area! Have a great day ahead, Trade Journal!
KC is hitting some fibs and speculators have been getting heavily long over the past 3 weeks as per COT data. PMARP showing a good sign of over exuberance. From what I can tell the consensus on it is that there's a big shortage and it cant go down, which is common across a few other commodities at the moment (CL etc). Consensus is rarely correct. Much of the...
Long for commodity. Targets will be updated. Please keep R&MM if trading. Good luck.
Wheat is getting cheapering although it should go up in price because there's less of it on the market. Prices in the stores are going up How this happens, who can explain to me. if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments....
The scenario is very simple: We have a double top on 4h time frame, and we need to wait for a breakout of the trend.
WHEAT is on accumulation mode at the moment. The prospect for a big price shift is very high from a weekly perspective. A revisit to 1k levels is possible within the year. SEEDED L at 674.0 TAYOR.
Sugar prices have soared this year, up +21.6%1 owing to concerns about tight global supplies. Lower Indian supply coupled with weaker than expected output from Thailand, (at the second and third largest sugar exporters respectively) continue to provide a tailwind for sugar prices. While Brazil’s harvest in the coming months is expected to be strong, logistical...
After a decade Sugar is now ready for the breakout move. A simple trade with great risk-reward. Soon we will be hearing many complaints about food inflation.
falling for decades, sugar has been a poorer investment than gold