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CORN

🌽𝘾𝙤𝙧𝙣 𝙛𝙪𝙩𝙪𝙧𝙚 - we buy canned food for the New Year🚜ZC1! : 🕐 2W Most likely, wave (V) of the "Supercycle" degree unfolding the ending diagonal I-II-III-IV-V , in which the growth is in wave III . ZC1! : 🕐 1W The growth marked with ((A)) is most likely over, although one more local maximum is not excluded. Further, a rollback is expected within the wave ((B)) of III , which has the right to take the form of any corrective pattern. CORNUSD :🕐 1D When the correction forms appear, at the completion of the corrective wave ((B)) of III , I plan to take a closer look at a long position on one of the available trading instruments, as well as at companies in the agricultural sector. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
CBOT:ZC1!
by TradeWaves-EWA
2
Grains will shock youWith all the drama of last year and many areas locked down, one of the big sufferers was agriculture. Much of last years yields went to waste and panic buying occured. Which I'd guess also went to waste for the most part. As you can see on my chart I'm expecting a sizeable pullback in price before the event, which is completely normal. let it collect the orders down there and get in where you feel comfortable. From there hold way into 2022. I wouldn't like to call the top on this, but it'll be impressive. Checkout soybean and corn also. Why do you think they drove up so hard in price? Happy trading and don't long just yet. (July?).
CBOT:ZW2!Long
by UnknownUnicorn1040545
🍿Corn- I like to call it Bitcorn (3% higher again today) 🌽🌮Corn is not a cryptocurrency, to begin with. For some of you all you trade is cryptos. I could understand that up to a degree but it is SO wrong. Cryptos should be a part of your trading/investing, you should always diversify and keep your eyes open for opportunities in other categories like commodities, shares, indices, etc etc Well, here is the update on Corn, for those who work closely with me we managed to sell big on Thursday and Buy back on support on Friday..we touched perfection this time so let's keep it that way. :) look at the previous idea(s) for our 900+ target price on Corn the FXPROFESSOR
FX:CORNFLong
by FX_Professor
4
ZCK2021. Ags have been the market to be in.The ag's have been hotter than bitcoin this spring, and I've been so stuck in my little learner's bubble I barely noticed. I'm looking at corn thinking this is some buyer exhaustion, but I also see that typically corn prices stay on the rise through June/July. This zone I have highlighted seems like a really friendly place to enter the market, however, I don't understand what is going on at the top, and if that is some kind of artificial capping done by market makers I absolutely don't want to be buying just under it. What in the world is going on here?
CBOT:ZCK2021Long
by emehoke
🍿 ''Bit''CORN keeps FLYING!🌽🌮🌾We knew we could have the rewards of a ''cryptocurrency trade'' with aq traditional, soft commodity and we knew that was Corn. Further to our previous idea the chart was agreeing with the statement and we are now half way through to the 918 target. So, allow me to call it ''BitCorn'' ps. Fun fact : ''Corn has proven itself to be one of the most effective alternative energy sources, placing it in the ranks of coal, gas, wood, etc. Corn is an excellent energy source because the corn cob is very dense and slow burning. Is corn an efficient energy source? Corn ethanol seems like a renewable energy source — a source that cannot run out — because corn can be planted again and again, and the energy in corn comes from the sun, not a limited supply of coal or oil in the ground. ... Most of this energy currently comes from fossil fuels like coal, oil and natural gas''. the FXPROFESSOR
CBOT_MINI:XC1!Long
by FX_Professor
1
This Corn Spread Can PopThis is a good spread to trade. If you’ve not traded Corn before, just read on, because this style of spread trading is interesting. It has both technical and fundamental aspects and is built on a history of good stats. Corn has an annual crop cycle. It’s planted in April/May, subject to weather issues in the following months, then harvested for first delivery on the Dec futures contracts. The Dec contract is based on what they call the ‘new crop’. But before then, there are other contracts still banging about. Corn futures have March, May, July, Sep and Dec maturities. So any active contracts before Dec are based on the ‘old crop’, the stuff that was harvested last year. So early to mid-year, we have a situation where some of the futures contracts are based on known supply and others (Dec and beyond) are based on the stuff that is still green. That young and growing crop is subject to uncertainty of weather and other growing conditions. Spreads are great tools in which to trade shifting certainty. And with something like an annual cycle of growth and harvest, you build a database and look for what they call seasonal patterns. The Trade: Selling the Sep and buying Dec for a hold of several months, in the past has proven to be a very reliable trade. In fact, optimized for timing, an entry during May and an exit early August has been profitable 95% of the time in the last 20 years. For 2020, I like this spread now given the market is in backwardation. That means the near (short) month is trading above the back (long) month. Corn has had a great run up over the past few months and pull back might see that backwardation reverse to contango and move with the seasonal trend. Stats: 19yrs out on 20yrs profitable. That’s selling the spread in May and buying back in August. Optimized timing of course, but still the numbers are good. In the last 10yrs, profit has averaged about 10 cents, or $500 per spread. Drawdowns have been three figures also, aside from 2011-2013 when things went a bit crazy. Trading; This one has an exchange listed spread so entry, exit and GTC stops are easy. For something like this, I would tend to start with a 3*ATR for a stop and see where it goes. Entries by way of selling into rallies. Check your broker offers SPAN margining. If not, get a new broker. Alternatives: The same spread can be achieved by selling July instead of Sep. Some years that is a better option, some not. More often than not, it would carry more volatility (up and down).
CBOT:ZCU2021Short
by TheTradarien
4