Long ZM at 310Entry: 310 Stop loss: 305 Target: 320 1/19: move stops to 311 ZM bounced at strong support/multiple bottoms Longby MWAN0010
SOYBEAN MEAL FUTURES (MAR 2019), 1D, CBOTTrading Signal Short Position (EP) : 319.4 Stop Loss (SL) : 320.3 Take Profit (TP) : 317.6 Description ZMH2019 formed Turtle Soup at 1d time frame. Trade setup with Sell Stop at 0.382 Level (319.4) and place stop after 0.618 level (320.3). Once the position was hit, place take profit before an agreement (317.6) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.10 = +-$ 10/std-contract Commission fee = -$5.64/std-contract EP to SL = $0.9 = -$90 Contract size to open = 30 standard contracts EP to TP = $1.8 = +$180 Expected Result Commission Fee = -$169.2 Loss = -$2,700 Gain = +$5,400 Risk/Reward Ratio = 1.88Shortby SuppasitWechprasitUpdated 0
January Soybean Meal Channel and Head and ShouldersMeal is setting up for a H&S drop. Neckline comes in at S1 at 304.3. If the bears can force it through the neckline and stay below S2 that would be next target at 298.6. Minimal drop would be last shoulder which would take us to just above S3 at 289.3. RSI isn't all that great for a drop, but we will see. There is also a contentious bull flag here so one or the other has to give. If upside produces itself we would be targeting outside of channel at R1 328.6Shortby hopscotch0
Buy Soybean Meal after a small pullbackAccording to Larry Williams if we make a higher low we can be buyers here - targets are 330-335Longby Halbu3
SOYBEAN MEAL FUTURES, 1D, CBOTTrading Signal Short Position (EP) : 330.6 Stop Loss (SL) : 335.4 Take Profit (TP) : 311.3, 0 Description ZM formed Double Repo Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (330.6) and place stop after 0.618 level (335.4). Once the position was hit, place take profit before an agreement (311.3) and 0 Money Management Money in portfolio : $150000 Risk Management (1%) : $1500 Position Sizing $0.10 = +-$ 10 (Standard) Commission fee = -$2.82/contract (Standard) EP to SL = $4.8 = -$480/contract (STD) Contract size to open = 3 standard contracts EP to TP#1 = $19.3 = +$1930 (STD) EP to TP#2 = $0 = +$0 (STD) Expected Result Commission Fee = -$16.92 Loss = -$1440 Gain = +$5,790 Risk/Reward Ratio = 3.97Shortby Fast92
SOYBEAN MEAL WAVE 3 OF 5Key level = 336.1 Focus to the downside for wave 3 of 5. key level must hold for this 1-2-1-2 setup.Shortby pengiran-6
SOYBEAN MEAL WAVE 3KEY LEVEL = 336.1 And so it begin, wave 3 that we all waiting for. The attention is now focus to the downside. For this wave 3 idea, the price shouldn't and have no business to go beyond our key level. Shortby pengiran-4
1D Rectangle. Scalping.Soybean Meal is trading sideways inside a 1D Rectangle (325 - 341) since late June (RSI = 46.257, CCI = -35.7793, Highs/Lows = 0.0000, Ultimate Oscillator = 49.818). Our optimal strategy involves scalping within 326.60 - 338.10.by InvestingScope2
SOYBEAN MEALKEY LEVEL = 341.5 Im working on 1-2 wave setup for ZM, Expecting a declining in price to complete wave 5Shortby pengiran-111
Soybean Meal Potential Upward MoveWheat is showing the way for a possible up move for SM. FIrst upside target is breaking through 335, then pivot at 344.2. We will be coming to the end of pivots soon replaced with new ones, but pivot will be lower along with R1 and R2. Longby hopscotchUpdated 443
SOYBEAN MEAL WAVE 4Soybean meal. Momentum still to the down side. waiting for wave 4 to complete.Shortby pengiran-3
WAVE 4 MATURE ENOUGH?Its already been one month since ZM in correction mode. Maybe its time to wake up?? Expecting wave 4 will end soon in near future Hai ZM! my new best friend :D I will follow you rapat rapat!Shortby pengiran-Updated 2
Soy Crush Spread at its EXTREMEKeep an eye on this extraordinary extreme in the soy crush spread. This spread includes 3 futures: soybeans, soybean oil and soybean meal and to be exactly now it is time to sell this spread! What do you need to do to sell this spread? To sell this spread you have to make 3 transactions: BUY 1 soybeans contract SELL 1 soybean oil contract SELL 1 soybean meal contract Why do I see numbers in front of the chart symbols? You can see different numbers in front of the contracts like "2.2*ZM1!+11*ZL1!-ZS1!" because of the different multipliers in the futures contracts. Of course, you also make this trade with CFDs, in this particular case you need to have positions sizes with a similar nominal valueShortby Tradimo_OfficialUpdated 112
Soybean Meal Future DEC18 (1d)Trading Signal Long Position (EP) : 328.3 Stop Loss (SL) : 325.4 Take Profit (TP) : 338, 344.6 Description AGR formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (328.3) and place stop after 0.618 level (325.4). Once the position was hit, place take profit before an agreement (338) and 344.6 Money Management Money in portfolio : $133000 Risk Management (1%) : $1330 Position Sizing $0.1 = +-$10 (Standard) Commission fee = -$1.67/contract (Standard) EP to SL = $2.9 = -$290/contract (STD) Contract size to open = 5 standard contracts EP to TP#1 = $9.7 = +$970 (STD) EP to TP#2 = $16.3 = +$1630 (STD) Expected Result Commission Fee = -$16.7 Loss = -$1450 Gain#1 = +$2910 Gain#2 = +$3260 Total Gain = +$6170 Risk/Reward Ratio = 4.21Longby SuppasitWechprasit4
Short the Soy CrushThis very interesting soybean crush spread is very close to its extremes and we think it is a good idea to short this spread. To do this, you need to buy 1 contract in soybean meal, 1 contract in soybean oil and buy 1 contract of soybeans. Our target is the level of 130 and we are willing to sell one more spread at the level of 180.Shortby Tradimo_Official1
ZM Price Fills the GapThis is a follow up to the previous post. Today's price action completely fills the gap. Price initially breaks the support line of the wedge pattern on the chart. Then you see price dropping down without any pullbacks or small rallies to fill the gap in the soybean meal market. Beautifully executed, beautifully accomplished.by oe1231
ZM1! Beans Look to Fill GapNice break out of the wedge. Be aware of any pullbacks, rallies and trading ranges on the way down. Remember gaps always fill at some point. On the chart you have an area where prices gapped up and caused a blank spot on the chart. Notice the place on the chart marked "Gap." That is the area that will fill. A short position could be considered from the current price.Shortby oe1231
Soya engulfingAs you can see this strategy works for commodities as well. You can see here though how having a strategy in place to maximise profits can make the difference between a highly profitable strategy and one which just ticks over. Cut losses short and let profits run. Good luck !Longby surefire-ltd1