SOY1! trade ideas
Soybean Oil Reverses Bearish CypherBO has moved lower today eyeing the 20 day MA and pivot at 28.52. RSI falling and Stochastic RSI has crossed over from high levels. If pivot holds increase move up to 29.95. Move under the 20 day MA and pivot would possibly send markets to S1 at 27.63. Overall market is in a downtrend.
Soybeans to continue downward trend next weekOANDA:SOYBNUSD near to resistance trend line. Look to sell around 870
November Soybeans Nov Soybeans fell from R2 at 868. 20 day MA must be broken and market must stay under for any legitimate fall further. Stochastic RSI has crossed over and market hit RSI uptrend.
Soybeans Future (ZS1) Long ViewHi guys ! I post my new trading idea for ZS1 (Soybeans Future). Soybeans are at a negative momentum with a price range 790-830 , in my view I see that this price is going to reach the level of 900-910 because of the hurricanes in U.S , also ADX and RSI are at ovesold levels and the trend in the next month i suppose is going to change upwards to the price levels of 900
Rectangle Support tested. Reversing towards the Resistance. LongSoybeans (ZS1!) are consolidating (Highs/Lows = 0) near the 1D Rectangle's support (810 - 910). Based on this sideways pattern since late June, the price should now approach the 910 Resistance. We are long, TP = 900.
#ZS_F #ZW_F #Soybeans #Wheat - Intermarket spreadIntermarket spread ZSH19-ZWH19 between soybeans and wheat is extremely cheap. Moreover, oversold soybeans and overbought wheat make perfect conditions for this spread.
ZS SOYBEANS. SHORT SELLING OPPURTUNITYAssalamualaikum & Hai to all my trader friend.
ZS Soybeans will be in my watch list from now.
Sharing my trading idea for this market.
Expecting price to move lower to complete the last leg for this motive sequence.
November Soybean FuturesLooks like a bottom has been well and truly made - target close to 1000
Still susceptible to China US tariff politics but - looks like a strong reward: risk ratio
Break above 920 would seal the deal
#ZS_F $ZS_F #soybeans - Bull spreadBull spread ZSX18-ZSF19 is very cheap. I entered at 9,0. Heading to 4,0.
Soybean bear market - monthly chartSoybean monthly chart since 2000. Soybean bear market continues during the summer with a typical seasonal bottom in October. Look for selling opportunities in short consolidation patterns.
Soybean futures Nov 2018 (1D) Trading Signal
Long Position (EP) : 849.5
Stop Loss (SL) : 840.5
Take Profit (TP) : 881.25, 888.25
Description
ZSX2018 formed Double Repo Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (849.5) and place stop after 0.618 level (840.5). Once the position was hit, place take profit before an agreement (881.25) and 888.25
Money Management
Money in portfolio : $49000
Risk Management (2%) : $980
Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $9 = -$450/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $31.75 = +$1587.5 (STD)
EP to TP#2 = $38.75 = +$1937.5 (STD)
Expected Result
Commission Fee = -$11.28
Loss = -$900
Gain#1 = +$1587.5
Gain#2 = +$1937.5
Total Gain = +$3525
Risk/Reward Ratio = 3.87
Soybeans will go upIt was long time never this low. In 2008 when the market collapsed it was just a bit shorter.
In my opinion it will go up safely until 1000 mark because market love that kind of full numbers.
Risk to Reward is excellent also the market did a retrace from the bottom level indicating that the buyers are now in control.
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.
Soybean Future NOV18 (1d)Trading Signal
Long Position (EP) : 847
Stop Loss (SL) : 839
Take Profit (TP) : 864.75, 882.25
Description
ZSX2018 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (847) and place stop after 0.618 level (839). Once the position was hit, place take profit before an agreement (864.75) and 882.25
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -$1.67/contract (Standard)
EP to SL = $8 = -$400/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $17.75 = +$887.5 (STD)
EP to TP#2 = $35.25 = +$1,762.5 (STD)
Expected Result
Commission Fee = -$10.02
Loss = -$1200
Gain#1 = +$1,775
Gain#2 = +$1,762.5
Total Gain = +$3,537.5
Risk/Reward Ratio = 2.92
the Grain complex is getting madly crushed in the last month... ....multi years low for many... extremely oversold across the complex!
JUST A TRADE TO KEEP AN EYE ON...
I am not an expert in these ones, but the trade war has potential for more destruction,
even, there is important votes for Trump midterm in it (farmers)... any surprise can come up from the hat!
...but we also entering the new crop season.
With this crazy weather hitting across the continent,
dead cat bounces very possible,
I would trade with options, no futures yet... too dangerous still!
Wait for a divergence or a breakout to play it... nothing lined up for the moment,
just keep an eye on it
#ZS_F $ZS_F #soybeans - LONGSoybeans is very low and moreover, it reached a strong S/R. It is perfect for my bull spread ZSX18-ZSF19.
