Moving Averages set in place, demand rising, Key volume day involved in a pivot zone, this breakout could set in motion for future rising prices. I have reason to believe this soft could increase
Commodities are a completely different kind of trading. They can get extremely violent and blow out people faster than you can blink! In this chart, we can see an erection move (accelerating as it rises) which is always followed by a correction. The question then becomes where and when the correction occurs. A topping M pattern is one such signal that gives us a...
In my YT Video Analysis I talked about, how OJ is at the Apex and has a high chance to fall down to the Center-Line. On the daily chart (see the zoomed Screenshot), you see how price is struggling to get above the U-MLH. Great signs of weakness. But beware, OJ is super illiquid. This means that this market can get pushed in any direction, in any...
Orang Juice has been in a Parabolic Uptrend on the larger time frame. Trend breaks can be highly pronounced when they occur and can provide short-term contra-trend trading opportunities . It is important to be patient and wait for their occurrence, with targets and stop-loss levels placed at the next and previous resistance levels respectively
I make a fit a lot of these fibs and gans. They respect really well. They help me with many helpful decisions on direction of the market.
OK, this is just4fun peeps....or not? §8-) Seeing OJ at the U-MLH with such a exponential run up, it is at least worth a "Shot". ...of course with managed risk and money management! Don't go crazy with this LOL. Cheers ...slurp...slurp...
Orange juice futures ICEUS:OJ1! is almost at 50% above previous all time high!! But we know market can stay irrational longer than we can remain solvent. This contract trades about 1500 a day. A short anyone?
Orange Juice is a clean way to define a couple of key things: -- Weather forecasts -- Inflation -- Supply shocks -- Global trade Recently, I've taken note that OJ futures have skyrocketed more than 200% in the last 3 years. I was so surprised in fact, I had to look at it versus other commodities, which have seen a mild bounce (Wheat, Oats). And bigger spikes...
Orange Juice is a clean way to define a couple of key things: -- Weather forecasts -- Inflation -- Supply shocks -- Global trade Recently, I've taken note that OJ futures have skyrocketed more than 200% in the last 3 years. I was so surprised in fact, I had to look at it versus other commodities, which have seen a mild bounce (Wheat, Oats). And bigger spikes...
on RB gasoline the trailing stop is below 18 sma. Opening breakout trade on monday first 30 min bar was good for a re-entry to the long swing trade...
Orange juice is preparing for a breakout. If this breakout is confirmed, then a doubling of the price in the next 3-4 years should not be surprising. #FCOJ doubling orangejuice #OJ1! #Ojuice #orange wkr from Hanover @StefanJBode #StefanBode
OJ1 is ready to push higher. The price closed above the downsloping resistance. Looks great and it's time to catch the pump continuation Entry: 243.95 Target: 266.60 Stop loss: 236
Now The OJ is On a Strong Support Zone, next 48 hrs we could see a strong rejection from the support zone with huge amount of volume .
Orange juice is too expensive. Consumers are going to drink less. Producers are going to make more. Prices are going to fall. Markets are going to heal. They always do.
Hello friends. Orange Juice seems to defy gravity itself. It has pushed up wildly over the past 3 years, nearly reaching a new all-time high. This has created the greatest opportunity to short orange juice since 2016. Let us explain the different elements of our idea. Point 1 - Orange juice has reached a key resistance when measured against money supply...
Hurricane Ian causing major damage to orange crops and therefore impacting supply of OJ. Entry of OJ futures upon Monday opening. TP at 211.
The soft commodities sector of the commodity market can be highly volatile. Historically, sugar, coffee, cotton, cocoa, and frozen concentrated orange juice futures that trade on the Intercontinental Exchange have doubled, tripled, and halved in value over short periods. While clothing and other consumer goods depend on the cotton market, the other sector members...