Wheatfutures
WHEAT FUTURES (KE1!) MonthlyThe 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 .
Dates in the future with the greatest probability for a price high or price low.
WHEAT FUTURES (KE1!) WeeklyThe 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 .
Dates in the future with the greatest probability for a price high or price low.
WHEAT FUTURES (KE1!) DailyThe 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 .
Dates in the future with the greatest probability for a price high or price low.
Wheat / Trendline RetestIt"s not just grocery shoppers who are hoarding pantry staples.
Some governments are moving to secure domestic food supplies during the
corona virus pandemic . (Bloomberg)
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Kansas Cory Wheat Short Opportunity Off Of HighsLooking at a short opportunity with KC Wheat being at highs of 500’s I also look for other conditions.
1- divergence on almost all Macro time frames including the daily , and indecision here on monthly and weekly timeframes.
2-seasonal historic patterns showing a time where commercials can flip position to net buyers meaning they are hedging against the speculators that can drive prices back down
3-momentum looks weak up there
Let’s see what happens all I am short one calendar spread from here. Good luck !
KEN2020-KEK2020 - Commodity Spread on Coffee FuturesKEN2020-KEK2020
Rising triangle in formation on this spread between two wheat futures contracts.
Statistically, in the previous 15 years of our seasonal window we have come to profit in 100% of cases with an average risk reward of 3:1.
With this strategy we started trading years ago, bringing us considerable profits that made us understand that operating in the financial markets was an incredible potential source of income if done with professionalism and discipline.
ZW1! - What to expect on 4HR - WHEAT FUTURESPossible trend reversal coming up, needs a few closes below the line marked w/ text. Simple trade guys. If it closes below let it fall, get short on the pull back OR vice versa. No trade yet, just waiting for a directional signal. Gut says short it though. NOT FINANCIAL ADVICE, TRADE SAFE!
Wheat is contracting for a breakout
Wheat is contracting into a symmetrical triangle and is poised for a breakout. Volatility as measured by a 14 day ATR is the lowest it has been since last year February, this is generally a good sign of a market poised for a large move especially when combined with a definitive consolidation pattern like a symmetrical triangle. Which way the break will occur is another matter entirely, wheat prices have generally been trending downwards over the last 7 years and therefore the recent rally in prices could be seen as simply a correction in the overall larger downtrend. However wheat recently put in a higher lower and higher high and formed what could be interpreted as a very ugly inverse head and shoulders pattern. Based on this observation I am leaning towards the conclusions that a base has been formed in price and a longer term uptrend is beginning to establish itself. Despite this a break in either direction of the triangle will be acted upon. Top side breaks should target 561 while downside breaks should target 478. Stops can be placed at 518 and make sure to seek entries with positive risk reward ratios, ideally 2 to 1 or more.
*This is not a recommendation to buy or sell it is for educational purposes only*
Wheat Short Position on H1 ChartsI am entering into short positon on H1 chart in wheat once again. The market seems saturated at this time with lots of supply from the producers as the autumn season is at its best. Risk/Reward at 1. This is a shorter time frame trade. Expecting to be closed in few days.