WHEAT trade ideas
Recap 18.41 sunday 6 oct 2019Employing an ETF pairs strategy may be useful when there is a disconnect between assets that are usually highly correlated.
Sector, country, and index ETFs also provide opportunities for the pairs trader, usually involving going long on a strong ETF and short on a weaker one. It’s important to exit the trades when the assets realign or the trends of strong and weak assets reverse.
It would also be wise to set a loss limit on each trade, and realize that markets are dynamic; relationships that existed yesterday may not necessarily exist tomorrow.
Consider our S&P 500 and Dow Jones index example. These indexes are highly correlated and both are tradable via ETFs: the S&P 500 SPDR (SPY A) and the Dow Jones Industrial SPDR (DIA A-). When the two separate, they generally reconnect, although that can take days or months.
Wheat Daily Finished Retracement Bullish LONGWheat in the daily chart formed the big double bottom in early 2019. Recently it has finished the retracement nearly 0.618 and now breakout the downward trend.
We consider that Wheat now still in the bullish trend so we are going to BUY. The price in the daily chat just breakout daily structure and we open the trade in the support level.
Be Patient and Relax!
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Enjoy the trading itself and you will be much better at it!
Thank you. This is TraderPig.
Wheat Usd Setup -ShortBefore I do anything I like to know what market that I am presented with. Looking at the price of wheat to the usd, it is bearish -I call it a bear market. The method I am using is a mix of sorts but relies on the Highs and Lows of a trend and how they work with each other forming zones, and these zones are either pressure zones or supply and demand zones. The diagonal lines are not trend-line concepts, they are taken as support and resistances over a plane in a mathematical term.
So this, I see it for bearish interests and will become invalid when the bulls reach above 4.992. Now, here is a secret - no setup is ever wrong only your price entry can be wrong, and that happens if you call a setup a trade.
spread wheat vs corn 08:09 03-Sep-19.LOGspread wheat vs corn 08:09 03-Sep-19
I spread trade WHEAT versus CORN.
I follow more or less -
Keith Schap – The Complete Guide to Spread Trading
The guy who spreads and makes a little every day is the one who walks away with
the big money.
–A veteran trader, quoted in Futures
Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units.
Trade accordingly your account size.
The trades can last hours, days or weeks.
Patience and discipline and money management. I will not lose more than 5% of the equity.
I can trade every hour or other.
Intercommodity Spread
The Intercommodity Spread is a spread between two different commodities, but in the same delivery month. Often this spread will set-up according to seasonality or occasionally a harvest supply/demand picture.
The Corn-Wheat Spread
The Intercommodity Spread is our focus for today! Specifically, we will analyze
the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011.
This is a trade that I have monitored since the 80’s. I believe that it was first
notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends and history of the trade saves time in research and previous observations may even save
money on potential variances to watch for. In this particular spread, we note that July may be a strong month for corn as the weather conditions, plantings acreage, export numbers may still be unknown. The crop is still vulnerable until toward harvest which is in the fall. On the other hand, the harvest for the soft red winter wheat may be in July, allowing the market to regard the saturation of a harvested crop. One may look at the months; March, July and September contracts for this particular spread trade and select another, but this is the anatomy of the spread, not to be confused with a trade recommendation. As a matter of fact, this spread may be reversed at another time of the year. June may be a time frame to review the Wheat-Corn Spread. These grains are both feed product and may also be affected by livestock production trends, global supply-demand figures, weather conditions and basis for the farmer. The wheat is typically a heavier protein cereal, while corn does not vary to the extreme. In modern times patents on the seeds of varied grains has become big business. The USDA regulates the delivery, grades and contract size regular for delivery. The seeds and fertilizers must also endure disease and pests. There are Government Subsidy programs as well in some cases to control the crops being planted. In recent times, Africa has
been know to lease land for crops to fulfill some of their required grain inventories in countries such as China.
Technically, it is good to pull up a spread chart to monitor the merit of the potential move. One may select their Indicators to best confirm an entry.
There is no audio in my videos.
This is a demo ac. I have a real ac with oanda.
spread wheat vs corn 16:19 30-Aug-19We have had a big move today in Wheat.
-2.37% vs -0.33% for corn.
I am down 16.000 4 at the moment on this spread.
Again this is a demo ac.
The tactic is to load both contracts in a spread as i go along and then offload from time to time. this is not for fainthearted. I am aware i can blow the ac, so be careful.
.LOG
spread wheat vs corn 16:19 30-Aug-19
I spread trade WHEAT versus CORN.
I follow more or less -
Keith Schap – The Complete Guide to Spread Trading
The guy who spreads and makes a little every day is the one who walks away with
the big money.
–A veteran trader, quoted in Futures
Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units.
Trade accordingly your account size.
The trades can last hours, days or weeks.
Patience and discipline and money management. I will not lose more than 5% of the equity.
I can trade every hour or other.
Intercommodity Spread
The Intercommodity Spread is a spread between two different commodities, but in the same delivery month. Often this spread will set-up according to seasonality or occasionally a harvest supply/demand picture.
The Corn-Wheat Spread
The Intercommodity Spread is our focus for today! Specifically, we will analyze
the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011.
This is a trade that I have monitored since the 80’s. I believe that it was first
notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends
and history of the trade saves time in research and previous observations may even save
money on potential variances to watch for. In this particular spread, we note that July
may be a strong month for corn as the weather conditions, plantings acreage, export numbers may still be unknown. The crop is still vulnerable until toward harvest which is in the fall. On the other hand, the harvest for the soft red winter wheat may be in July, allowing the market to regard the saturation of a harvested crop. One may look at the months; March, July and September contracts for this particular spread trade and select another, but this is the anatomy of the spread, not to be confused with a trade recommendation. As a matter of fact, this spread may be reversed at another time of the year. June may be a time frame to review the Wheat-Corn Spread. These grains are both feed product and may also be affected by livestock production trends, global supply-demand figures, weather conditions and basis for the farmer. The wheat is typically a heavier protein cereal, while corn does not vary to the extreme. In modern times patents on the seeds of varied grains has become big business. The USDA regulates the delivery, grades and contract size regular for delivery. The seeds and
fertilizers must also endure disease and pests. There are Government Subsidy programs
as well in some cases to control the crops being planted. In recent times, Africa has
been know to lease land for crops to fulfill some of their required grain inventories
in countries such as China.
Technically, it is good to pull up a spread chart to monitor the merit of the potential
move. One may select their Indicators to best confirm an entry.
There is no audio in my videos.
This is a demo ac. I have a real ac with oanda.
spread wheat vs corn 07:49 29-Aug-19. ADDING SOME MORE..LOG
spread wheat vs corn 07:49 29-Aug-19
I spread trade WHEAT versus CORN.
I follow more or less -
Keith Schap – The Complete Guide to Spread Trading
The guy who spreads and makes a little every day is the one who walks away with
the big money.
–A veteran trader, quoted in Futures
Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units.
Trade accordingly your account size.
The trades can last hours, days or weeks.
Patience and discipline and money management. I will not lose more than 5% of the equity.
I can trade every hour or other.
Intercommodity Spread
The Intercommodity Spread is a spread between two different commodities, but in the same delivery month. Often this spread will set-up according to seasonality or occasionally a harvest supply/demand picture.
The Corn-Wheat Spread
The Intercommodity Spread is our focus for today! Specifically, we will analyze
the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011.
This is a trade that I have monitored since the 80’s. I believe that it was first
notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends
and history of the trade saves time in research and previous observations may even save
money on potential variances to watch for. In this particular spread, we note that July
may be a strong month for corn as the weather conditions, plantings acreage, export numbers may still be unknown. The crop is still vulnerable until toward harvest which is in the fall. On the other hand, the harvest for the soft red winter wheat may be in July, allowing the market to regard the saturation of a harvested crop. One may look at the months; March, July and September contracts for this particular spread trade and select another, but this is the anatomy of the spread, not to be confused with a trade recommendation. As a matter of fact, this spread may be reversed at another time of the year. June may be a time frame to review the Wheat-Corn Spread. These grains are both feed product and may also be affected by livestock production trends, global supply-demand figures, weather conditions and basis for the farmer. The wheat is typically a heavier protein cereal, while corn does not vary to the extreme. In modern times patents on the seeds of varied grains has become big business. The USDA regulates the delivery, grades and contract size regular for delivery. The seeds and
fertilizers must also endure disease and pests. There are Government Subsidy programs
as well in some cases to control the crops being planted. In recent times, Africa has
been know to lease land for crops to fulfill some of their required grain inventories
in countries such as China.
Technically, it is good to pull up a spread chart to monitor the merit of the potential
move. One may select their Indicators to best confirm an entry.
There is no audio in my videos.
This is a demo ac. I have a real ac with oanda.
spread wheat vs corn 15:25 28-Aug-19. new tactic and strategy.Added some more today.
New tactic. I will buy and sell as we go along. The strategy is to be almost all in but i will open end close positions as i seem fit. It is not quite clear but if you follow the videos, it will make sense. Thank you.
spread wheat vs corn 10:45 27-Aug-19. ADDED SOME MORE .LOG
spread wheat vs corn 10:45 27-Aug-19
I spread trade WHEAT versus CORN.
I follow more or less -
Keith Schap – The Complete Guide to Spread Trading
The guy who spreads and makes a little every day is the one who walks away with
the big money.
–A veteran trader, quoted in Futures
Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units.
Trade accordingly your account size.
The trades can last hours, days or weeks.
Patience and discipline and money management. I will not lose more than 5% of the equity.
I can trade every hour or other.
Intercommodity Spread
The Intercommodity Spread is a spread between two different commodities, but in the same delivery month. Often this spread will set-up according to seasonality or occasionally a harvest supply/demand picture.
The Corn-Wheat Spread
The Intercommodity Spread is our focus for today! Specifically, we will analyze
the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011.
This is a trade that I have monitored since the 80’s. I believe that it was first
notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends
and history of the trade saves time in research and previous observations may even save
money on potential variances to watch for. In this particular spread, we note that July
may be a strong month for corn as the weather conditions, plantings acreage, export numbers may still be unknown. The crop is still vulnerable until toward harvest which is in the fall. On the other hand, the harvest for the soft red winter wheat may be in July, allowing the market to regard the saturation of a harvested crop. One may look at the months; March, July and September contracts for this particular spread trade and select another, but this is the anatomy of the spread, not to be confused with a trade recommendation. As a matter of fact, this spread may be reversed at another time of the year. June may be a time frame to review the Wheat-Corn Spread. These grains are both feed product and may also be affected by livestock production trends, global supply-demand figures, weather conditions and basis for the farmer. The wheat is typically a heavier protein cereal, while corn does not vary to the extreme. In modern times patents on the seeds of varied grains has become big business. The USDA regulates the delivery, grades and contract size regular for delivery. The seeds and
fertilizers must also endure disease and pests. There are Government Subsidy programs
as well in some cases to control the crops being planted. In recent times, Africa has
been know to lease land for crops to fulfill some of their required grain inventories
in countries such as China.
Technically, it is good to pull up a spread chart to monitor the merit of the potential
move. One may select their Indicators to best confirm an entry.
There is no audio in my videos.
This is a demo ac. I have a real ac with oanda.