ZL Soybean Oil, short term correction, 60Price is supported at c line. There is a chance of rebound and if not, it will go down further to next support.Longby mmy787Published 110
SOYBEAN OIL FUTURES (MAR 2019), 1D, CBOTTrading Signal Short Position (EP) : 30.62 Stop Loss (SL) : 30.91 Take Profit (TP) : 30.04 Description ZSH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (30.62) and place stop after 0.618 level (30.91). Once the position was hit, place take profit before an agreement (30.04) Money Management Money in portfolio : $1,000,000 Risk Management (1%) : $10,000 Position Sizing $0.01 = +-$ 6.00/std-contract Commission fee = -$5.64/contract (Standard) EP to SL = $0.29 = -$174 Contract size to open = 57 standard contracts EP to TP = $0.58 = +$348 Expected Result Commission Fee = -$321.48 Loss = -$9,918 Gain = +$19,836 Risk/Reward Ratio = 1.91Shortby SuppasitWechprasitUpdated 0
SOYBEAN OIL FUTURES (MAR 2019), 1D, CBOTTrading Signal Short Position (EP) : 28.8 Stop Loss (SL) : 29.08 Take Profit (TP) : 28.24 Description ZLH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (28.8) and place stop after 0.618 level (29.08). Once the position was hit, place take profit before an agreement (28.24) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.01 = +-$ 6.00/std-contract Commission fee = -$5.64/contract (Standard) EP to SL = $0.28 = -$168 Contract size to open = 16 standard contracts EP to TP = $0.56 = +$336 Expected Result Commission Fee = -$90.24 Loss = -$2,688 Gain = +$5,376 Risk/Reward Ratio = 1.9Shortby SuppasitWechprasitUpdated 0
Strong Resistance (Long)Price should break the black line(MA) before it can go further. smoke indicator shows uptrend still intact..Longby zackdinzUpdated 1
Smoke EvolutionIntroducing the evolution of smoke indicator. i called it smoke evolution. from the chart, it indicates that price will go for different level of price that indicates by indicator. blue and red band is replacing the box as entry, exit and stop. Follow next analysis...Longby zackdinzUpdated 6
Bullish Bat ZL Z18Bullish Bat PRZ completed because price already hit min PRZ 161.8 BC (27.86) Target Profit at 38.2-61.8.Longby rijalfcpoPublished 1
Kathy Lien Double Bollinger Band Strategy.As per Kathy Lien's Double Bollinger Band Strategy, here we can see a short opportunity as the price action has broken and closed below the 20 day, 1 standard deviation band. We take the open, or as i do the low of the previous close plus 1 tick for a short sell stop order. Initial stop loss once in the trade is 1 tick about the 15 day simple MA and I aim for a profit target of 1.6 times entry and stop loss difference.Shortby MattWilsonPublished 113
direction mapping for sboperhatikan level prz harmonics. sekadar mappping.Shortby AISYADNIPublished 2
ZL weekly targetprice will go up until R1. if price is fail to break R1. market will continue downtrend.Longby zackdinzUpdated 4
SOYBEAN OIL forecastLook for main levels to be breached. targets as per chartby UnknownUnicorn1156963Published 2
Targest hit. Wait for confirmation on breakout points.Both TP = 30.14 and 29.44 hit as the previous bearish Channel aggressively broke earlier and met the targets much earlier than I expected. Soybean Oil has now entered a new Channel Down on 1D, which is coming off a Lower High (hence Highs/Lows = 0, RSI = 51.334). We now need to wait for confirmation from the two break-out points (illustrated by the circles). If the upper point breaks then we will go long (TP = 28.99 and 29.44). If the lower point breaks then we will go short (TP = 26.51).by InvestingScopePublished 6
Short Soybean Oil at 27.93More strength down. Shorting from 27.93 I do not like to short with the prices being already depressed from recent tariff war between USA and China, but I have to following the price movement. I would use a stop of 28.80 and see how far the price will move down.Shortby priceaction357Published 2
SOYBEAN OIL FUTURES, 1D, CBOTTrading Signal Short Position (EP) : 28.72 Stop Loss (SL) : 28.98 Take Profit (TP) : 27.92, 27.43 Description ZL formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (28.72) and place stop after 0.618 level (28.98). Once the position was hit, place take profit before an agreement (27.92) and 27.43 Money Management Money in portfolio : $150000 Risk Management (1%) : $1500 Position Sizing $0.01 = +-$ 6.00 (Standard) Commission fee = -$2.82/contract (Standard) EP to SL = $0.26 = -$156/contract (STD) Contract size to open = 9 standard contracts EP to TP#1 = $0.8 = +$480 (STD) EP to TP#2 = $1.29 = +$774 (STD) Expected Result Commission Fee = -$50.76 Loss = -$1404 Gain#1 = +$2400 Gain#2 = +$3096 Total Gain = +$5496 Risk/Reward Ratio = 3.78Shortby Fast9Published 2
Soybean Oil (ZL): Monthly EW CountIt is already 10 years since commodities super cycle took commodity markets to the all time high and soybean oil (ZL) market has been in the corrective period ever since. In a monthly chart, we could see that the correction of larger degree takes in the form of flat correction (3-3-5). As far as supply and demand (SnD) is concerned, there are 2 demand zones of interests 1. demand zone #1 (23.46 - 25.34) 2. demand zone #2 (18.83 - 20.84) Technically, wave (3) of V of C is currently developing and could extend its tail to 24.00 level or below. With the trade war between the USA and China is on the brink of being fully developed, the market dipping to the 19.00 level is not really a far fetched projection.by echesPublished 224
Channel Down on 1W. Short.Nothing too complicated here. The price is on a 1W Channel Down with a soft Resistance (Lower High on the 1D Channel Down) at 31.04 after having made a Lower High (hard resistance) at 32.04. Our medium term targets are 30.14 and 29.44.Shortby InvestingScopePublished 1
LONG SOYOILWEEKLY CHART FOR SOYOIL THE BUY SIGN IS CONFIRM LONG SOYOIL ALL MAJOR COMMODITIES TURN BULLLongby iotafuturesPublished 1