CORN,4H, TIME TO BUY NOW ...hello EVERYBODY.....
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sometimes you can get chance to MAKE fast profit you found the right point to enter and exit...
so depending on the strongest support and resistance lines....
we have that chance now to open long position. to 6.21 then to 6.41
and our SL will be on 5.60
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good luck
CORN trade ideas
CORN Short Supply And Demand IdeaSee Picture For Analysis:
Higher Timeframe (Weekly)
-Price inside weekly Supply-
-Trend = downtrend
-Price below 200MA
-Look for shorts on LTF (Daily)
Lower Timeframe (Daily)
-Daily RBD supply located at extreme of HTF weekly supply
-Valid for short or waiting for new LTF (1hr/30min/15min) confirmation.
-Strong confrimation.
CORN/USD LongPositive Confluence Factors... (15)
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. Limited R:R available?
14. Hook point sat just beyond stop loss?
15. Entry around swap hours?
16. Entry directly before major news announcement?
Corn (I see the potential good R:R)View On Corn (2 March 2023)
We had an extreme sell down recenly and it has eatn some strong stop loss that are place near $630 region.
Now the support get broken but the price still manage to swing above that level.
So, I am expecting the recent sell down might be an stop hunt move.
If it is the case, we must be the return of Corn price and it can go to $650 region soon
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
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.
Short term opportunities for cornHello,
Corn futures are contracts that allow traders to buy or sell corn at a predetermined price at a future date. The direction of corn futures in the next few years will depend on a variety of factors, including weather patterns & global demand.
In recent years, corn futures have been affected by fluctuations in weather patterns, such as droughts and floods, which can impact crop yields and prices.
Additionally, global demand for corn has been increasing, particularly from emerging economies like China and India, which are using more corn as a source of animal feed and for biofuels.
Overall, while there are many factors that can affect the direction of corn futures, it is likely that demand for corn will continue to grow, particularly from emerging economies.
Good luck in this short term trade.
CORN/USD LongPositive Confluence Factors... (14)
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?
CORN/USD Short• If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short either 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.
CORN/USD Short• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either 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.
Corn is at the critical supportAs shipping cost drops we see that corn , wheat , cotton are dropping fast. This is a disinflational signal OR a big recession signal. We will see what is going to happen after today's NFP and unemployment numbers. Corn is at a good support point. It may rise again if we see NFP is lower than expected or an increase in the unemployment numbers.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Corn, waiting for the next pullback to go longLet's see if we get another pullback to 6.708$, which is the optimal entry for this Fibonacci compression. (you can find the indicator under my name)
First take profit is at 6.959, which gives you a risk to reward ratio of 3.
We're in an uptrend, so the trend is your friend ;-)
Happy trading!
CORNF broke lower after consolidation 👀dip to trend support before next leg higher is possible, break of that supports bad news!
SOYF looks a lot stronger than this, holding in its consolidation faze instead of breaking lower.
I wouldn't long here unless it broke 705/or had perfect bounce at trend support area 👈
boost and follow if this helped, thanks 😊
Inflation Trade - $CORNFI know the inflation trade has been discussed and is possibly over, but CORN has been consolidating with higher lows and lower highs. If the trade is not over we could see a breakout to 780$. This is a hedge trade, corn has a lot of moving parts and the three biggest right now being demand for livestock, ethanol blending, and droughts. If traffic is picking up and I think it will this summer on a WoW basis, if we see beef prices hit some serious highs, and lastly if we see some serious midwest droughts which we currently are.... This could be a mother of a trade. Hedge accordingly with this trade. I would use $corn calls at the money and hedge 0.5% of account
Corn (Central Banks can't print Food)View On Corn (6 June 2022)
We are seeing some possible bottoming signs, and we shall see a lot higher price pretty soon.
So, it is better to buy in slowly and accumulate them.
Tip and Toe.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
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.
US Corn Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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