TrendCloud signal on Micro Crude Oil worked out great today.
Hit our targets on Crude and also Corn.
TrendCloud Scanner picked up on both of them this morning.
15 min trend and 1 hour CCI momentum were both down.
This gave us a 5 min TrendCloud signal that hit our targets for profit taking as we scaled out of the position.
Using the Average Directional Index (ADX) and
Directional Movement Index (DI)
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in stock trading, technical analysis can help
you identify the strength of a trend.
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Here's a two-step process to scan for
stocks using the ADX DI indicator:
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**Step 1: Find Stocks with Strong Trends**
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1. **Select a Stock Screener:**
- Use a stock screener tool or...
Seasonal Futures Market Patterns Corn Soybeans
Hey traders today I wanted to go over the best Seasonal Patterns in the Corn & Soybeans Futures Market. Corn and Soybeans and other grain markets follow an annual reliable seasonal pattern revolving around supply demand planting cycles. Knowing when to find these seasonal market patterns on your charts can really...
11.23.20 I wanted to finish up on my GOLD review from this weekend. The main point that I wanted to make about gold is that there are different trades for different types of traders in that area, and while you may understand how markets like this can appeal to both buyers and sellers in a fairly narrow range, it doesn't mean that it will be your kind of a trait...
The market structure of soybeans has changed significantly on the smaller scale. Looking at the big picture, the range of estimates for potential highs is quite wide. Potential highs in the soybean market this year and for the next 5 years could be very high. Advised to take this big picture look very carefully, the backside of such strong rallies can be quite...
How to setup simple price scaled Gann fans to determine support and resistance out in time. Gann's geometrical method advanced by scales derived from highs and lows in the wave formation to forecast future price expansion and SR zones.
Soybeans are offering a short premium opportunity as price perhaps starts making a bit of a floor. I have sold a straddle at 840 w/ 45 DTE for a maximum profit of $2500. A few things made this an attractive trade such as the high implied volatility and price having reached a key support level where I hope price stays buoyed while I run out the clock and collect...
