CFDs on Wheat OANDA:​WHEATUSD

I would like to show a longer term view in wheat on the weekly chart. These kind of setups are rare opportunities. I think in 2016 November we printed the bottom of the multi year bear market. The previous bull market peaked in 2012 summer. After that date wheat started a multi year decline. I highlighted by red boxes the yearly cycles. In wheat the yearly cycles ...

Why Wheat and why now. What about Soybeans and Corn. Looking across the Ags, it seems that Wheat is enjoying the most upside. Why is this. In keeping with my focus on the DMI and ADX, I think you’d have start by looking at the monthly chart of the 3. One of the key tenants of DMI/ADX is that best trades seem to originate when the ADX is below 20 for an ...

Wheat has made a second run at overbought levels this year. We now look to sell wheat on the basis the top has formed and large area of 4 hour supply created. Bounces are predicted to occur on the resistance lines shown on the chart. A nice risk to reward ratio of 3.2. We will look for a further short position on the beak of 4.60 ish level after reanalysis price ...

In my first article, I provided a summary of the tools I’m using plus links to some good material that gives more in-depth details of each. As I go through each concept, I’ll refer to the 3 time frames that I will use in determining a trade. • Weekly: to get the overall bias of the market • Daily: to identify a day to take a trade or to setup a trade • 4 hour: ...

Wheat has been bullish since the beginning of 2018 and I think there is reason to expect to see it continue. Some of the main drivers are: 1. Potential tariff introduction and major us trade partners like mexico moving to other wheat sources affect trade stability and commodities as a whole. 2. The developing drought in the US this summer Watching for a move ...

For SL/TP pls. see chart. This is not an investment advise this is just my personal opinion.

So far, I’ve focused on how to get into the market based on the DMI swap in dominance between the +DI and -DI. Once you’re in or if you missed the original entry, how can you get into a trend while minimizing your risk. As I’ve noted before, I’ve not been able to successfully trade on a regular basis but my hope is to use everything I’m documenting here to ...

Setting up a trade based on daily signal using 4 hour chart for timing. In this scenario, the daily chart had its ADX below 20 since July 3rd. When trading with DMI/ADX, periods of breakout after the ADX has been below 20 for at least 7-10 periods can provide good results. In this case, the 4 hour chart had dropped below 20 for an extended period too. On July ...

Should pullback soon

Cycle last from blue to blue. The yellow lines represent points within the complete cycle where trend is likely to change +/- 1 day. Using these dates along with a chart of price (support/resistance) should give indications of when to take positions.

I called this the super 2618 trade as the potential reward is super high. SL: 5.407 TP1: 5.15 TP2: 5

A simple cycle-analysis of wheat With dates outlined where trend is likely to change given confluence of other aspects.

We will publish a detailed forecast and analysis on our web tomorrow. Targets as described in the chart. A few formations we see on the bigger picture.. we will update soon.

- price has broken 2 key levels for me (the 2 purple lines) - EU harvest doesn't look great (buy the rumour?) - has outperformed in the last week or so

Have alook at the chart, I think we have now completed wave 3 and should aim for an entrance into long at the end of wave 4

Wheat broke its support and it is now pulling back. Hence, it is good to short. Entry: 4.670-4.690 TP: 4.521

Wheat 2618 long to 0.618

Went long after the first 15m spike, then took profits at daily EMA resistance