Get started

Wheat

Long Wheat on Technical Breakout from Rectangle PatternI went long on Wheat this morning in my paper account due to my original long commodity thesis. I am actively looking to add more commodity exposure to the portfolio, mainly because that's where I believe the outsized returns will come to home roost. On the weekly charts, wheat has broken through the rectangle pattern that spans back to August of 2017. I set my stop loss at 4.06, which if hit, would indicate a false breakout and an incorrect implementation of my bullish thesis at that moment. As always, let me know if you have any further questions or comments.
WLong
by BrandonBeylo
WHEAT - D - LONGReason for long : I'm pulling the trigger a bit fast on this one, as we don't have yet confirmation of end of consolidation on weekly TF. However, as I'm embarassed to miss the natgas rally (this is one of my favorite asset and I have waited weeks for this to finally miss it because of external factors). I believe raw materials are in for a good year in 2018 as cyclical this market can get. I'm not too much into GOLD/SILVER right now and wait for correction. But WHEAT is also tanking a lot since weeks and altough we made some pips weeks ago on false breakout, this was not convincing. This time may be the same... or not. Trade with your own diligence.
OANDA:WHEATUSDLong
by Bastosai
WHEAT, in retraction to zone 446 WHEAT, in retraction to zone 446 which should provide good support and make it bounce continuing the medium to long-term trend XiNiaN 4 - Trading System - V. 2.9.1 - Medium / Long Term Period - (Time Frame: 1 H) WHEAT ZWZ17 - Dec '17 LONG since20.09.2017 from 446.66 Flat Under 446.07    SHORT Below 436.53 Stop SHORT if daily close > 434.62 WHEAT ZWZ17 - Dec '17 CROC X1 - Supports / Resistors - Multiday (TF - 1H) R3 = 475.2 R2 = 474.40 R1 = 473.00 PIVOT = 460.50 S1 = 448.00 CROC X3 - Last Signal (Long Term - TF 1D) LONG from 445.00 since 18/09/2017
CBOT:ZWZ2017
by XiNiaN
WHEAT, improving ..WHEAT, improving .. ADX / DMI multiday is flat and there are good chances that start long in the next sessions A closing time over 448 and a daily closing above 450 is fundamental. The medium-long period will start long with a closing time above 451.48 XiNiaN 4 - Trading System - V. 2.9.1 - Medium / Long Term Period - (Time Frame: 1 H) WHEAT ZWZ17 - Dec '17 SHORT since 24.07.2017 from 521.55 Flat Over 441.78 LONG Above 451.48 Stop LONG if daily close <453.41 the long-time period will start long with a weekly closing over the 445 WHEAT ZWZ17 - Dec '17 CROC X1 - Supports / Resistances - Multiday (TF - 1H) R3 = 474.4 R2 = 473.00 R1 = 448.00 CROC X3 - Last Signal (Long Term - TF 1D) FLAT from 445.00 since 13/09/2017
CBOT:ZWZ2017
by XiNiaN
WHEAT, weakness comingWHEAT, weakness coming The CM_ Laguerre indicator says it should go down in the next few hours. So it's possible to start an entry short entry with first target at 426.03 WHEAT - ADX / ADM - TS V. 2.8.4 - Intraday Levels for 28/08/2017           ADM - Average Daily Movement - Intraday Levels Entry on close 1H (hourly candle) ... if exceeded the indicated level      On the ZWZ17 Contract - Dec '17 LONG if> 438.87 TP1 = 444.37 TP2 = 450.49 TP3 = 462.72 Stop Loss = 431.53           SHORT if <431.53 TP1 = 426.03 TP2 = 419.91 TP3 = 407.68 Stop Loss = 438.87
CBOT:ZWZ2017
by XiNiaN
WHEAT, weakness comingWHEAT, weakness coming The CM_ Laguerre indicator says it should go down in the next few hours. So it's possible to start an entry short entry with first target at 426.03 WHEAT - ADX / ADM - TS V. 2.8.4 - Intraday Levels for 28/08/2017           ADM - Average Daily Movement - Intraday Levels Entry on close 1H (hourly candle) ... if exceeded the indicated level      On the ZWZ17 Contract - Dec '17 LONG if> 438.87 TP1 = 444.37 TP2 = 450.49 TP3 = 462.72 Stop Loss = 431.53           SHORT if <431.53 TP1 = 426.03 TP2 = 419.91 TP3 = 407.68 Stop Loss = 438.87
CBOT:ZWZ2017
by XiNiaN