CORNN2025 trade ideas
May Corn FuturesBuy @ 545 / or a retracement down to 540
stop 535
target 570 / a test of the highs on 9 Feb
Long Corn FuturesCBOT:ZC1!
I really like set ups like this: corn broke out of 5-6 year consolidation period - looking for a retest of the top of the range before more upward movement.
Remained bullish, but critical time for the bull !Even though I remained bullish for corn with my target near 600. But with the negative atmosphere in the gas market, corn could fall into the 519 - 525 zone in the next few weeks.
March Corn. Possible TL and S/R confluence Trade.The lines wouldn't have been drawn in until after the move was made. I don't think you could have caught this one using the S/R and TL extension confluence strategy. At least I don't think I could have.
A very textbook trade that I planned weeks ago !After two weeks of consolidating, we started to see some money flow last Friday. They could also be "bluffing" so we need to closely watch the price action on Monday and Tuesday.
My target is somewhat less positive and it could be 590, not 620.
Lots of demend for Corn in the weeks to come?This is Corn Futures Weekly chart.
This chart pattern usually predicts a very strong upward move!
It's an up-sloping pennant pattern while the Stoch RSI shows a down cycle. This suggests that price are experiencing an uptrend in what is supposedly a typical retracement.
Price has already bounced off the 20MA on the Daily chart , which means the better entry timing is missed. You can look to enter on a 4H time frame or just accept a lower risk to reward. I think it's fine to accept a lower risk to reward since this is based off a Weekly chart.
Be sure to watch the liquidty & contract period.
If you have any symbols that you would like me to analyze, feel free to drop me a comment!
Thanks!
$ZC_F March/December Corn SpreadThe best cure for a high corn price is a high corn price because producers will plant more corn next season to take advantage of the current high price and inadvertently drive up the supply which will in turn drive down the future price. Assuming supply through March is scarce and by December it will be relatively plentiful, it makes sense to go long the March contract and short December because the March contract should outperform the December. Both can go up and down together, March just needs to outperform. Yesterday was a red day for both contracts and today is a green day for both, gains in the March/December spread were realized on both days. The December leg can be closed for greater reward if March corn resumes the strong upward rally but the risk will be greater because there will no longer be a balanced quantity of contracts mostly cancelling each other out. I currently have one contract of each and am playing it by ear because spread trading is new to me. I may up the quantity to two or three each depending on how the trade goes and if my broker will let me.
Enough shorts underwater to spark a Short Covering Rally in ZCN0Managed Money added about 30% to their position since early may, in ZCN0 contract most of that increase is under the 325 level, would take profit in the 335-340 zone if long.
Buying the POC on the daily chart with highest volumeCorn long entry was triggered, especially after the bounce of prior POC on the daily chart, looking forward to see prices above 560 on corn...
Corn: A Potential Fade Approaching Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.
Is it time to short the Corn Market???CBOT:ZC1!
In recent times most commodities have been heavily inflated. So when is it time to short these things on a macro scale? Well, if seasonality tells us anything, typically corn prices start to fall once we enter the month of June.
There are 2 areas of supply on this chart, 1 of which we are already sitting in while the other is sitting at 627-680.
ZCH21-Technical'sMarch 2021 U.S Corn: Weekly Chart
*considering such tight U.S corn c/o, bullish fundamental narrative has not changed.
*focus is on SAM weather issues / logistical problems in SAM
Price Target: 640'0 | BULLISH OUTLOOK
-not surprised to see recent liquidation w/ m.m crts net longs close to 350K and at record-high. M.M making substantial gains recently w/ most of pos. initiating before bullish USDA report during Jan 11.-(which showed a surprise in most grain's and exceeded most trade guess highs )
Studies: RSI, ATR, Volume
Traditional|ZC1!|Long and shortLong and short ZC1!
Activation of the transaction only when the blue zone is fixed/broken.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone (S-SL short stop, L-SL long stop).
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
CORN FUTURES - SHORTTemporarily against the trend, or if long peel em off. Annual Z score > 2 standard deviations. Huge ! Ripe for correction but play a tight SL here
