WHEAT FUTURESThe arrow is in a strong upward trend and its penetration into a strong grandfather's resistance point will see wheat accelerate very strongLongby ELHASSANE-TRA0
wheatprojectfor a school project. Initial supply shock to the wheat market after the invasion of Ukraineby lomahlamah110
Wheat Watching and waiting patienlyJust watching to see if we have support at some point we're at GP now. by TheRealTylerDurden0
WHEAT - SCALPposs fill gap, looking at 2 TP's risk management is key!Longby BullnBear_MarketsUpdated 1
Update on 1 hour / 30 min strategy re-entriesWheat had a 60 point gain (trailing stop above prior 1 hour bar) and Nasdaq on 30 min chart has an open profit of 60 points. On long trades you can always make re-entries near the low of the prior two bars as here is a 2 bar trailing stop On short trade you can always make re-entries if the risk is low (distance to current prior bars high) thats why I added to the wheat short postion at 8 am easter time...by responsibletrad8r0
Wheat - 2 long / 2 Short scenarios - Good bread takes timeGeneral Wheat seems to generate a nasty SFP. It took out the recent Swing High and then dropped over 22%. With the monthly close coming soon i could image it going lower before finding support. I marked 4 Scenarios which i would be happy to take either. 1. Long (Blue arrow) Price moves to the red rectangle (area 1), finds support and "generates a swing". Price goes lower before breaking above the generated swing where i would then look on a LTF for an entry. Target: A bit under the range high SL: Depending on the LTF entry i wouldnt want to see it going lower than support Invalidation: Price breaking under area 1 Time duration: Days, weeks, months, years... ;) 2. Long (Orange arrow) Price moves under area 1 but manages to retake it. Enter on retest of area 1. Target: A bit under the range high SL: A bit under area 1 Time duration: Days, weeks, months, years... ;) 1. Short (Red arrow) Price moves under area 1 aswell level 2. Enter on retest of level 2. Target: The next big support level (Also in confluence with the 50% of the lower range. SL: A bit above level 2 Time duration: Days, weeks, months, years... ;) 2. Short (Yellow arrow) Price breaks under area 1. Enter in LTF on retest. Target: The next big support level (Also in confluence with the 50% of the lower range. SL: A bit above area 1 Time duration: Days, weeks, months, years... ;) Good luck by a_tale_of_bulls_and_bears3
Wheat Futures....are soaring by eight percent and reach the daily trading limit as the situation in the Ukraine remains dangerous and the Black Sea region is cutting back production severely. US farmers probably reduce acreage as well, while planting possibly gets delayed due to bad weather events.by GammaLab116
zwThe market is now in perfect condition for sale if this hallway breaks down we will witness a descending waveShortby hatimbouasria20031
WHEAT FUTURESWheat in a very strong occasional path can get very strong bounce over the last few days.by ELHASSANE-TRA0
Wheat Futures Daily Geometry — Ellipse1. Daily wheat futures prepares to exit ellipse after trading below the 78° and 71° resistance/support angles (Bayer, 1946). 2. Trend change due on the Helio Mercury—Jupiter, —Saturn conjunctions (Bayer, 1946).by TicMarc2111
wheat backwardation at extreme levelslotta folks (myself included) thinking about how sticky these commodities will play out is this time different or are we going to pull a 2008by stevenplace1
ridethepig | Wheat for the Yearly Close📌 @ridethepig ZW1! Market Commentary 17.12.2020 For buyers the breakout creates the typical starting point, one we have seen many many times before. The fact it is happening on the monthly chart is very telling, this is threatening to impulsive explode to the topside via shortages on the supply side from lockdowns and contractions in globalisation. Whatever may be the case on the climate side (and I am certainly no expert here) it has been one of the biggest crops on year for Russia. Fertile farming at its best... Tracking closely the 600 support, for a move towards 900 and 1350 ... watch out for any battle against this in the coming weeks as we enter into a commodity cycle. Thanks as usual for keeping the feedback coming 👍 or 👎Longby ridethepigUpdated 3329
Wheat: Is the bull market over?Hello and Welcome, We expect wave (3) to end at 1157.6 which at this level wave (3) will equal 3.618 multiply of wave (1). Long01:41by tradezignUpdated 0
Re-entry long on CommoditiesAll commodities on my watchlist www.tradingview.com are still long. yes there was a take profit on wheat on oil below prior days low (usuaylly two days low but because of bars ranges that a much higher than prior day I am using a 1 day trailing stop) Buying new highs on the 5 min chart below prior days low is a valid re-entry pattern. Will we reach new yearly highs? I dont know but we can see that at least a double top should be possible or at least a rally up to 50% of prior down move...Longby responsibletrad8rUpdated 0
Just how deep is the rabbit hole we're peering into?Anyone been to the grocery store lately? Filled up your car with gas? Bought electrical wire at Home Depot? Tried to buy a house? Have you noticed anything? "Transitory" inflation is chomping through all the liquidity infused into the world the last two years. Printing dollar bills doesn't create wealth - it dilutes it. We printed how many trillions of dollars over the stimulus packages, Fed bond buying, and whatever else? Inflation can be succinctly summarized as "more dollars chasing fewer goods". Well, with the last two years we've burned the candle at both ends; we infused massive amounts of money into the system (with no associated productivity gains) and manufacturing grinded to a halt worldwide. So we have all sorts of dollars and nothing to buy. Anyhow, you are all aware of this.....but you may not be aware that we may not even be near the peak of inflation yet. The first chart up there is wheat futures, and you can see it's gone buck wild the last 30 days. What's next? Here we have oil, the backbone of a LOT of stuff, not just gasoline. You know all those goods you need to buy? They have to be transported. You know all the plastic we consume? It is made using oil. Next chart is corn. Me likey corn. Even if you don't like straight-up corn chances are you DO like lots of things made with it. What else can we find. Oh yeah, lumber. Hard to build stuff without it, eh. Continuing on.... to... Natural gas. Next up... (throwing a dart blindfolded). Copper. Have you tried to buy wire lately? Holy crap. I mean the stuff has security tags on it at Home Depot and Lowes. Even things like Gold and Silver, which a lot of people invest in, are actually used as materials in the things we buy. Anything with circuit boards in it will have gold. And yes, people actually do harvest gold from circuit boards! My point with all of this is that life is about to get a LOT more expensive. What will that do? It'll cause Consumer Confidence to crater. This means people will scale back from unnecessary purchases, vacations, etc. Considering our entire US economy is based around consumer spending, a cutback in this will have a profound trickle-down effect. The Fed, in my opinion, has zero choice but to aggressively raise interest rates. It's in all of our best interests that they do that, or whatever else needs to be done to try and shove the inflation genie back in the bottle. Hopefully some of it takes care of itself, because inflation itself erodes the money supply......and as Covid subsides manufacturing bottlenecks should lessen. Still, have you ever been backed up on the freeway in traffic, only to realize that there was no actual reason for the backup? There was likely an accident or some incident earlier, but even long after that has been remedied the backup will remain. So even if manufacturing went back to full capacity this moment, we'll be looking at months and months until it starts to show up in the data. The economy is like one of those massive container ships that are 1300 feet long. MASSIVE inertia. This is why the inflation problems didn't even really show up for over a year after we started printing monopoly money. Unfortunately for us, inertia is a two way street - it's going to take a long time for monetary policy changes to have their intended effects. So the Fed is at a great risk of either coming down TOO HARD on inflation, or not coming down HARD ENOUGH....and we won't know for months. My guess? They somehow screw something up. It's not really their fault, because they are being tasked with an almost impossible situation. Powell isn't incompetent and he's surrounded with the smartest economic minds in the world, armed with more data than we know what to do with. The truth is the economy is just so complex that it has an incredible amount of variables and we really don't know what will happen when we tinker with some of them. We know what SHOULD happen, or what MIGHT happen, or what HAS happened..... but as everyone involved in the financial markets knows this doesn't guarantee a damn thing going forward. Me personally? I think the Fed drives us into a recession. It may be the only way to get ahead of inflation before it becomes a self-fulfilling runaway freight train. .....and what do you think this means for QQQ, DIA, SPX, IWM? by digital_precisionUpdated 115115515
Mar 8, 22 Wheat Profitable TradeWheat came back up on a tear so I decided to Take Profit at 1315 from 1250 for some nice profit. My plan now is to wait for wheat to fall back some overnight and buy again either late tonight or tomorrow and ride price up again. Congrats to all who followed this trade - enjoy your Profits!! Stay safe. HeikoLongby HEIKOTradingSystemUpdated 991
Wheat Futures - Hit All TIME HIGH after gap up haltsWheat Futures - Hit All TIME HIGH after gap up halts. Wheat is up 75% since January. The conflict around the world has accelerated the movement in the wheat market. What will the US do to bring things back into balance?Longby PortfolioBuildersClub1
Mar 7, 22 Wheat back up - BUY OppWheat came down for the first time in over 5 sessions so I was looking for a pullback and then I could hopefully get into a Buy Order. I did put in a Buy order at 1250 less than an hour ago. Markets are crazy wild with prices moving a lot. Like I have said all day today, I believe over the next 2 weeks Wheat and Corn will continue to go up. Definately there will be some volatility, but I think price will go up and I will make some money. I will keep as close an eye as I can on these trades (I have to sleep sometime), but I will keep my stops further away for these trades so I don't get caught. Trade well and stay safe. HeikoLongby HEIKOTradingSystem1
More money for same amount of food now !read article here Yes, we will need to make more money to purchase the same amount of food than before as the price has gone up or inflated. Whatever the reasons you like to believe to cause the inflation, the outcome is the same - you will need more money than before to purchase the same amount of food. Options you have ? Substitute the food for a cheaper brand or reduce the amount of intake. Or eliminate it from your diet. Or you could find ways to make more money so your lifestyle is not so affected. To me, investing, trading is a very good way. I wish I was much much more financial savvy in my teens instead of spending money on branded stuff and lots of pretty useless stuff, haha. Longby dchua1969Updated 1
Wheat: extreme levels and it will continueIt doesn't matter its overbought, the price continues rising. The war can create one-time only events in the markets. We've seen the Russian Moscow Exchange closed for more than 1 week, USD/RUB skyrocketing and commodities such as Wheat going up completely out of control. We bought Wheat more than a year ago and we've added more volume as the uptrend continued, but seeing these events, we increased even more volume 2 weeks ago and we will continue to do so as this Ukraine-Russia crisis keeps escalating. In European countries, depends a lot on Wheat from Ukraine, and that was completely halted since the beginning of this war. Also, according to some food producers, they have stock for 2 months tops. They don't have an alternative solution for this. Food prices are going up, and if this war continues, many food produces in the EU will not be able to produce wheat-based food in normal figures. The situation is very critical at this point. Disruption could last half a year at minimum. We hold it and add more volume daily as long as this crisis continues.by alvaromroo3
Wheat Futures with Mars/Jupiter Time Cycles1. Wheat futures turn at confluence of Mars/Jupiter time cycles. 2. Next confluence 3/10 – 3/11/2022.by TicMarc22
WHEAT MNT: 100%+ gains and TP 3 000 USD going vertical(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! WHEAT MNT: TP 3 000 USD going vertical(NEW)(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: WHEAT MNT chart review ::: chart is LOG SCALE ::: commodity super cycle in progress ::: 5 waves bullish sequence in progress ::: Price target in 2022 is 3 000 USD ::: global inflation driving prices ::: also global warming heavy impact ::: geopolitics triggering vertical market ::: recommend to BUY/HOLD BUY DIPS ::: 12/24 months as global economy ::: this is a long-term bullish market ::: BULLISH CYCLE is ON BUY DIPS ::: BUY/HOLD get paid / swing trade setup ::: BUY ANY DIPS / final TP BULLS is 3000 USD ::: 150% upside from current market price ::: WAIT for dips and reload (BULLS) ::: recommend to BUY/HOLD ::: recommended strategy: BUY/HOLD ::: bullish super cycle in coffee market ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: 1000USD fresh demand zone ::: 3000USD fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BULLS / MORE GAINS ::: Sentiment outlook mid-term: BULLS / SUPER CYCLE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Longby ProjectSyndicate2279
Breakout move on Wheat continues with Limits and Limit UpsWheat broke out of a range around Feb 23, retested and never looked back. Multiple limits and multiple limit ups. Likely driven mostly by Ukraine being a large exporter/producer of Wheat. Those with multi-decades of market experience might have seen these before but I haven't. During the March 2020 we've seen limits being hit but not like, everyday (or almost) a limit is hit. And limit ups.... in daily candle sticks these will show up as dots Amazing to observe, even better for those who participated in gains but, scary what the implications of these to food and beverage prices... Hard to say whether this will continue or reverse at some point (when) I definitely don't and observing from the sidelines. Hopefully it stabilizes along with everything else.by swoozshiesUpdated 0