Get started

Commoditytrading

XAUUSD: Long opportunity as the MA200 approaches.Gold is being aggressively sold this week with favorable news on the U.S. - China trade war negotiations acting as the catalyst. Technically it is a rejection on the 1,555 Double Top. The price action is identical with the June- July sequence, when Gold again looked for a final support on the 4H MA200 before starting the next strong rise (orange channel). At the moment the price is getting close to that 4H MA200 test with very high probabilities of finding again a Support. With 1D neutral (RSI = 53.911, STOCH = 54.738, Highs/Lows = 0.0000), this is the most optimal short term buy level towards at least the 1,555 Top if not a Higher High (as it may again start a new strong rise). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
FX:XAUUSDLong
by InvestingScope
1
ZWZ2019-ZSX2019 - Commodity Spread TradingZWZ2019-ZSX2019 Wheat December 2019 - Soya November 2019 Interesting spread between the December futures contract of Wheat and the November contract of Soya. As it is statistically deduced from our software, in this case the Moore Research, we have a percentage equal to 87% in which this difference is reduced, and therefore, a normal convergence of the two values of the contracts that bring their distance closer to 0 rather than move it away. The very nice thing about this type of operation is the reduction of the volatility that can cause sometimes big problems. For example if on the soya there should be some important news its value could vary suddenly and the grain, being a correlated of it, would follow it consequently and it is for this reason that through the Spread Trading these potential unexpected problems are avoided. www.mrci.com
CBOT:ZWZ2019Long
by SwissTradingSchool
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.
OANDA:WHEATUSD
by DORMAN5
spread wheat vs corn 12:51 21-Aug-19.LOG spread wheat vs corn 12:51 21-Aug-19 There is no audio in my videos. This is a demo ac. I have a real ac with oanda. 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.
OANDA:CORNUSD
by DORMAN5
"Top and Bottom Analysis" NATGAS by ThinkingAntsOk4H CHART EXPLANATION: Main Items we Observe on the Chart: -Price is inside an ascending channel -Currently, the price is against a Major Support zone and facing the lower trendline of the ascending channel -We draw a descending trendline, we expect that to be broken before taking any long setup. Based on this if price closes above 2.597 we expect a continuation of the bullish movement towards the upper trendline of the ascending channel at 2.723 MULTI TIMEFRAME VISION: - Weekly: -Daily:
OANDA:NATGASUSD
by ThinkingAntsOk
Bullish signs from Iron Ore Futures 3 scenarios: 2 bull 1 bear. 1. Bullish upper trend-line break from first wave leading diagonal (T1 equal to or greater than $106 and T2 ~$139), 2. ABC correction (blue) following extended correction - we are currently in wave B triangle (T1 $106 for 1:1 wave A), 3. Downward breakout for additional corrective retrace. At this stage scenario 2 looks the more likely. Before getting too far ahead; look for a lower trend-line bounce first. This is a 100% technical analysis and no element of fundamental analysis was considered. I am not a professional trader and my analysis if shared simply to further my own education.
I
by flyinkiwi10
Oil Technical Analysis: OIL slumps to 2-week low near $62.00 The market is likely going to continue to decline towards 62.00 level. The next supports in line are seen at 61.80 and 60.50. OIL 61.80 level H4 200 ma Moving Average, So Oil Take a Buy position 61.00 and 60.50 Area. OIL Daily 200 ma Moving Average 62.60 level breakout and stable this level short Sell 62.50/62.00 level take profit 61.90 and 61.50 Area. Another side of OIL Stable 62.60 level buy this position, Target 63.50 and 64.00. Oil Resistances are seen at 64.00 and 65.00 level. Daily SMA100 55.66 Daily SMA200 60.56 Previous Monthly High 60.78 Previous Monthly Low 54.79 Daily Fibonacci 38.2% 65.45 Daily Fibonacci 61.8% 65.76 Today last price 63.02 Today Daily Change -2.12
OLong
by Saleh11
WTI OIL Volume Analysis hey traders, wti is still in a clear uptrend. and now the market is approaching multiple structure resistance levels looking left. Take a look at volumes, though on 11th of April we had a very calm trading day, we see a selling volume spike. Smart money started to sell and assets are changing hands. Despite the fact that the market has made a new higher high, we see one more selling volume spike. Volumes do not confirm the uptrend anymore. It is a warning sign for us. Now, let's wait for a bearish breakout of a rising channel. it is a very good confirmation signal. 60 and 58 are support levels for your targets.
FX:USOILShort
by VasilyTrader