Cotton
COTTON FUTURES (TT1!) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
BITCOIN GOLD SILVER OIL GAS COTTON LBLS Indicator AnalysisThe chart of D time frame is taken for all of these analysis
And
LongBuyLongSell Indicator is used for the analysis
you can take a look at it here
Follow the chart given above for each of its stand.
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TVC:GOLD
TVC:USOIL
BITSTAMP:BTCUSD
CTZ2019, Cotton Futures Dec 2019 - Breakout on Double BottomICEUS:CTZ2019
Bullish pulse and net breakout of the middle peak of the double bottom created on the December futures on cotton.
It has a very good potential in terms of risk reward and we know the volatility of commodities.
The general objective is always to try to reach at least 300% of the allocated on at least 4 trades out of 10 and never expose yourself too much, and then keep a very low risk on the positions so as to avoid heavy drawdowns.
Cotton LongCotton prices are severely depressed at the moment.
Opportunity for profit 6% Risk to 20% Reward - 1:3 RR profile.
Entry Price and accumulation around 1.62
Stop Loss 1.56
Initial Take Profit January 2020, expect small seasonal retrace.
Final Take Profit June 2020 at 2.0
Fundamentals:
Drought, pest attack hit yields in key producing regions resulting in 9 year low on production output
Imports 80% increase
Exports have plunged to 10-year lows
www.reuters.com
Cotton Long Hi there ! We post the next possible trading opinion to cotton CT1! which is possible after the terrible decline which took place this week after the escalated tensions of the trade war between U.S - China. As you see the diagram in daily timeframe the possible target price is at the level of the median BB. This bounce is also confirmed by the RSI. Also farmers price is by far the worst in 2 years.
Trade with safety.
Omen
(This is only a trading idea and not an investment advice ! )
CT1! Long (via. BAL)Cotton futures are currently caught in 2 separate bullish descending wedge patterns on positive divergences. There was one instance where the divergence did not play out, however this divergence was only visible on the RSI (August 2018) which is why we look for both. Coincidentally, assuming we have reached a bottom in the price of cotton futures, please appreciate the fact of how well the Fibonacci retracement levels overlap with the resistances above. Another interesting point to highlight is that if you take the measured move of both falling wedge patterns, and add that height to the potential breakout zone, then both distances happen to fall into the same area of resistance. That level of resistance at ~75.15 will be the final target for cotton futures over the duration of this year. For this trade, we will use BAL, a cotton ETN. A suggested stop would be at 36.28 (5% down) for a potential of 20% upside gain.
BAL LongBAL has hit its long term downtrend support on positive divergences after breaking down from its continuation triangle. Now, it is reversing. We will need to see if it can break the 39.60 resistance level and then continue to break out of the down-trending channel.