Get started

ZS1!

Soybeans: Sell opportunity towards the 0.5 Fibonacci.The price reversed the previous bullish sentiment on 1D and is currently neutral (RSI = 48.853, ADX = 28.377, Highs/Lows = 0.0000). The next long term direction should come after a lower test of (at least) the 0.500 Fibonacci retracement level. With 4H already on Lower Highs (Highs/Lows = -0.0750, B/BP = -1.5520) we have a TP = 8.637. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
OANDA:SOYBNUSDShort
by InvestingScope
Something brewing with agricultureI have noticed agriculture volumes were soaring recently, maybe I am out of touch but those are the numbers I had in mind before: Soybeans (5B), Corn (2B), Wheat (1B), Cotton (900M), Coffee (600M), Sugar (500M), Cocoa (300M) And now they are 2 to 5 times higher, what's up? ==> Soybean Futures 10-15 Billion, Corn futures 10-15 Billion, Wheat 4-5 Billion. Those are the CME ones, the ICE sucks hard but I noticed Sugar volume at over 1.25 Bil yesterday for March contract alone. So in total basically 30 to 50 billion usd a day for the 7 big ones. Then you got all the other ones, I saw live cattle was at like 1.5 billion yesterday (wat?), lean hogs at 500+ million... Buahahaha even orange juice futures are over 300 million. Orange juice futures, what a meme. Who even trades that? * Do not look at tradingview volumes they are all wrong. How it looks on higher TF: Corn: Wheat: Sugar: Here is what I am looking at immediately: Trump is trying to shill, buuut doesn't seem to be working. Wheat is on a massive selloff US business has been lost to France (get rekt). Investors are counting on a positive trade deal and I think this is why prices have been going up for the past months (same concept as stock market). I heard artificially inflating prices with hope and presidential tweets worked just great. I bet Trump has been postponing everything just because dumb investors kept buying in anticipation of that trade deal. No matter how much it gets postponed they just keep buying like little lemmings, and Trump keeps posting the Dow Jones gains since he started his term & what a great president he has been so he clearly has a motive. Can't blame him, most people are too stupid to figure out any of this, he is just doing what a politician does. Maybe he's one of these "with an IQ of 130 that thinks he is at 170" guys I have been hearing about (Elon Musk too according to Charlie Munger). What I think is either on positive news investors will take profit (buy the rumor sell the news), and on bad news. Oh my. All this volume, they're all going to want to sell, right? I do not think we will see a short squeeze, who is shorting this? Nah. Could be wrong but from experience people are not that smart. I really want to trade this, but this is my advice: just do not touch it. Let's wait for the big burn to pass, and then after we shall trade those. And remember, * When prices go up, greedy agri giants (that have traders and actively invest in this) rub their hands and make profits on the back of poor people that can barely afford food (Remember Glencore backlash after stating prices explosion 10 years ago was very profitable) * When prices go down, the poor little farmer is suffering while governments and big players step on them and make profits (they're protesting and telling every one how angry they are right now because they feel people in power do not have a high opinion of them and that hurts their feelings - really not even kidding - as well as taxes and high gaz prices) * When prices do not move "nothing ever improves". How do you make price never move anyway? Prices going down should mean people in civil war countries could get to eat, sit and watch farmers go on a rampage, block roads, burn hundreds of thousands of tons of crops to reduce supply.
CBOT:ZS1!Short
by MrRenev
Long SoybeansHi guys ! I post a trading idea for long positions at ZS1! . Recent WASDE report had a price projection for soybeans for 2019 about 900-910. As wee see also in the recent political scene trade war talks at G20 there is a good possibility to go far beyond as from 910. From technical analysis view at the monthly chart is long with target 1056 , RSI is tend to swing to upper levels so I think is a good long signal and ADX now is tending to get a direction which is a further high price. Hope you find it usefull !
CBOT:ZS1!Long
by OmenFinance
Soybeans /ZS - Short Premium - Short straddle into high IVRSoybeans are offering a short premium opportunity as price perhaps starts making a bit of a floor. I have sold a straddle at 840 w/ 45 DTE for a maximum profit of $2500. A few things made this an attractive trade such as the high implied volatility and price having reached a key support level where I hope price stays buoyed while I run out the clock and collect options premium. The high implied volatility has allowed me to sell a straddle that has a break even range of $100 or greater than 10% of the total value of the underlying which makes me feel comfortable with the risk/reward of this trade.
CBOT:ZS1!
by krugman87
Soybean (ZS) Testing Downchannel/Descending Wedge ResistanceAfter a two week rally, soybean (ZS) is now bumping into downchannel/descending wedge resistance on the weekly chart, which coincides roughly with the 1000 psychologically key resistance level. Weekly RSI and Stochastics are in rally mode, while the MACD which a few weeks back appeared ready for a negative crossover has strengthened again and is sloping up now. For my multiple timeframe analysis on ZS, feel free to visit: tradablepatterns.com Website: tradablepatterns.com FB: facebook.com Stocktwits: stocktwits.com Twitter: twitter.com Linkedin: www.linkedin.com YouTube: www.youtube.com Google+: google.com Email: info@tradablepatterns.com
CBOT:ZS1!
by TradablePatterns
ZS upward "C" wave to come (???)Soybean has been a tough market for those traders seeking volatility as it has been on a “wait-and-see” mode for a couple of month now. I do not expect any major movement on the short/mid run; however, I do see a possibility to “widen” the current trading range. The wave counting above suggests that a B wave would be completed (or nearly completed) and a possible upward C wave would be on the radar screen. For those (unlike me) seeking short-term opportunities it may be a good commodity to keep track on. I am still holding my long position with stops on a range around 920, although I confess the weekly chart does not look that bullish. In fact, the MACD divergence is killing my sleep lately. See my comments on ZC at:
CBOT:ZSH2015Long
by againstthegrain
2
Soybeans (ZS) Bottoming on Weekly ChartZS has found major support at around the 900 level, as seen by the weekly RSI, Stochastics and MACD all turning up from oversold levels. The 900 round figure coincides with major bottoms in 2009 and 2010, along with near bottoming activity in late 2008. ZS appears to want to target roughly 1000 in the near-term where downchannel resistance can be expected to hold initially. Feel free to visit stks.co for today's technical analysis on $ZS_F, $ZW_F, $CT_F, $ZC_F, $NG_F, $SI_F, $EURUSD, $GBPUSD, $USDX, $BUXL, $KC_F, $NFLX. Website: tradablepatterns.com FB: facebook.com Stocktwits: stocktwits.com Twitter: twitter.com Linkedin: www.linkedin.com YouTube: www.youtube.com Google+: google.com Email: info@tradablepatterns.com
CBOT:ZS1!Long
by TradablePatterns