SUGARDown Trend. Price at the upper band. Bearish engulfing pattern & overbought indicator Shortby jaktraderUpdated 3
Something to watch- Ichimoku setup is bearish, as Price managed to climb back to Kumo, after testing very important long term horizontal key resistance at 12,55+. Now Price is located between Tenkan and Kijun lines (above Kijun), while Tenkna/Kijun is in weak bullish cross. - Heikin-Ashi turned bearish after test of Kumo and 100wma. - EWO is bullish. MACD is neutral - Upper key level for this market is clearly 14,55. What do we have to watch now? As EWO is in bullish territory and Price is above Kijun Sen, we have to see what Sugar will do if it drops to Kijun, which is the short term lower key level now at 13,59. If we see a possible momentum reversal or a clear buy signal there, then we can enter maximum 1 risk unit long position. Bigger size long only above 14,55. Remember! You do not buy automatically at Kijun, as market may wash through it to the downside. Just because Price is above it now, it doesn't necessarely mean it will stay above it. You buy only, when there is a bullish signal at the *possible* support. by Kumowizard4
SugarMarket is approaching the DTL. WIll be watching the price action around this DTL next week with great interest. DTL and 200EMA are pointing to bearish bias. A break and close above DTL may indicate potential trend change. Keeping an open mind at this moment.by Casey_Yeo7
Sugar Long - finally bottoming?Nice candle today if gains hold. First minor downtrend broken. Oversold on larger timeframes (daily, weekly, even monthly) COT bullish -> MM / Large Specs short, Commercials long Wait for current extreme to cool down ~ +5% and look for long entry. SL below the lows. Good Trading!Longby AnRuaNUpdated 5
SUGAR Commodity LONG- Advanced Pattern formation of Bat completion at D leg at 88% fib - Structure to the left - Potential double bottom at daily chart - Fundamental news of 2017 May of Sugar and World Markets and Trade stating record global production keeps consumption of Sugar near record high. - RSI divergence upwardsLongby seildevUpdated 5
SUGAR started the medium-long period LONGMedium-long inversion over sugar You can enter long with stop under 13.56 On SBV17 - Oct '17 contract LONG since 30/06/17 From 13,600 Flat Under 13,563 SUGAR SBV17 - Oct '17 CROC X1 - Support / Resistance - Multiday (TF - 1H) R3 = 17.34 R2 = 14.28 R1 = 13.89 PIVOT = 13.80 S1 = 13.71 S2 = 12.51Longby XiNiaN2
SUGAR started the medium-long period LONGMedium-long inversion over sugar You can enter long with stop under 13.56 On SBV17 - Oct '17 contract LONG since 30/06/17 From 13,600 Flat Under 13,563 SUGAR SBV17 - Oct '17 CROC X1 - Support / Resistance - Multiday (TF - 1H) R3 = 17.34 R2 = 14.28 R1 = 13.89 PIVOT = 13.80 S1 = 13.71 S2 = 12.51Longby XiNiaN4
Looks like a Swiss zucker job openingThe world's #1 Sugar trading firm puked up it's head, I'll take the gig -- Did I mention I come from the land of CargillLongby kevinbantz3
SUGAR: Heading down for new lowsSugar is in a very strong downtrend. I think soon it's about to test the Feb-2016 Low and then maybe even go to new lows.Shortby ForceFollower6
SUGAR MONTHVOlume shrinkage price falls.Have a pessimistic oulook. Temporary wait and see.by dreager7
TRIANGLE PATTERNWe have a running triangle in development on higher degre ( weekly timeframe ). It would be a good idea to buy when price reached lower line of triangle for excelent risk to reeward ratio. Do not miss this trade if proves to be what expected will generate massive profit. This is very long term trade so you might want to trade impulsive parts of it if have knowledge and skill to do it. Good luck Longby pablo824
Sugar Weekly -- Fresh Demand/Range Bound SetupFresh Demand levels in a range bound setup. Potential Retracement Zones. -Always use a stop -Trade only with money you can afford to lose -Be open to multiple scenarios -It's okay to be wrong about anythingLongby iorek652
A Strategy for Market Entry and Exit - Part 3SUGARUSD:OANDA Weekly Chart A-E are similar to A-C above. F. This is another example of a DI becoming dominant in a pullback but for only a brief period of time. Notice how (A) gave a signal but that an exit was quickly signaled. After the pullback (B), then (C) gave a new entry signal to long side for many weeks before TRIX signaled a potential cover of the short. G. Is another example of the action similar to (F). NOTE: These types of actions work best when the ADX is above 20 or when it is trending up. SUGARUSD:OANDA Daily Chart More examples of the same concepts. However, this one provides good insight into a strong trend and how the TRIX, in conjunction with the DMI, will keep you in a market longer. And, when an exit is signaled, how to re-enter if the DMI indicates the trend is still intact. Educationby mxb1961Updated 5