KC Wheat – Weekly Cont: The primary target was filled at 7.41. Now the Sept KC wheat is leading the continuous chart lower. The 5.53 swing low will be a key risk area moving forward. Resistance is at 6.47 and then 6.65
Analyse KE1! on H4 and H1 : Entry after the break supply zone at 741', or wait for pull back
Reversal of trend...look to see if can b/o above .5 fib ret lvls -stop loss @ 580'6 -long @ 586'4
July21 KC Wheat – Daily: Trend based extension Targets: Base low, to swing high, to swing low. Volume increasing in the 5.95-6.12 target range. Targets above at 6.30, 6.54, and 6.69. Volume Profile is showing Point of control at 5.72 and will act as support. Risk below at 5.40
This spread was a career-ender for many wheat brokers/traders - large and small(!!) - in the past 2 years!! Throughout history, this reverted from -$0.40 right away but not this time and so even pros rode their entire account/capital into the ground, to $0 or worse! (Just a gentle reminder that futures trading does involve risk - in case anyone was still...
I come up with trades that really save people time off the screens and have great risk to reward parameters using Futures Spread Trades, and Span Margin brokers to get in cheap as possible and maximize my per capital usage. This idea is on a rock bottom price we can call a supply area we have visited in the past. Follow and see. Thanks
A volatile Tendance of the KC, shows positive potentiel towards uprising level first pick at 474 USX. The next step shall provide more certainty.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick . Dates in the future with the...
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick . Dates in the future with the...
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick . Dates in the future with the...
Looking at a short opportunity with KC Wheat being at highs of 500’s I also look for other conditions. 1- divergence on almost all Macro time frames including the daily , and indecision here on monthly and weekly timeframes. 2-seasonal historic patterns showing a time where commercials can flip position to net buyers meaning they are hedging against the...
The price is testing the 499'4 1W Resistance after a prolonged rise since the rebound on the 380'4 1W Support. We've made a Double Top on the 1D chart which remains bullish (RSI = 65.798, MACD = 12.030, ADX = 55.290, Highs/Lows = 2.8750). However MACD is forming a top on a bearish reversal pattern. We are expecting a strong rejection after that Double Top and our...
Buy July 20 Wheat KBCT (KE) and Sell July 20 Wheat CBOT (ZW) against it Close around January 20th
KEN2020-KEK2020 Rising triangle in formation on this spread between two wheat futures contracts. Statistically, in the previous 15 years of our seasonal window we have come to profit in 100% of cases with an average risk reward of 3:1. With this strategy we started trading years ago, bringing us considerable profits that made us understand that operating in the...
Hard Red Winter Wheat is trading within a Descending Triangle on 1M (RSI = 40.777, MACD = -11.870, Highs/Lows = -63.0357). This month has rebounded on the 382 1W Support marking the 3rd time it bounced on that level since May, practically making a technical Triple Bottom. As seen on the chart it appears to be replicating the July 2018 - January 2019 pattern, when...
The price is trading on an irregular 1D Ascending Triangle (RSI = 55.404, MACD = 3.560, Highs/Lows = 0.0000). The supporting lines give an optimal long entry close to 500. TP = 517. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Both TP =574.20 & 588.20 hit as the 1W Channel Up (MACD = 9.620, B/BP = 0.3280) made a 598.40 Higher High. It has since pulled back to make a Higher Low, which was most likely priced at 498.20. This commodity (Hard Red Winter Wheat) is on a very long term uptrend and we are now holding a long with TP = 569, 598 in extension.