ZW1! trade ideas
WHEAT Good Signal BuyI am a consultant for anyone who needs a consultant, I see that WHEAT Corp will GO UP IN FEW MINUTES when the market open
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling WHEAT
WHEAT Good Signal SellI am a consultant for anyone who needs a consultant, I see that WHEAT Corp will GODOWN IN FEW MINUTES when the market open
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling WHEAT
Hedging your food inflation costsRead news here , here and here .
It is bad enough when food inflation is rising in developed countries , worse if it happens in countries that are suffering from poverty and food shortage.
The inability to travel due to Covid-19 pandemic seems to exacerbate the situation as well as cargoes are held at customs and ports and more stringent measures needed to clear it.
I believe corn, wheat, soya beans and other soft commodities that I have covered thus far will continue to go up ......
Are You Positioned for Quad 2? I hope you're readyWe're already in the midst of record runs in the equity and commodity markets but as bubbly as it seems, its not over.
We are in an environment that not many people are familiar with. The last time Growth and Inflation on a global scale were accelerating as fast as they are now was immediately after World War 2. Previous commodity cycles were sparked by 1 or 2 catalysts. The current macro setup has nearly the most accommodative and bullish catalysts for global growth and inflation that we could imagine. Fed on autopilot, Fiscal out the wazoo, supply chain disruptions and shortages everywhere, all major political interests want a weaker dollar.
Given that is the case and YoY GDP will probably show about +10% and CPI +3% in the 2nd Quarter, there's a good chance this current run, especially for commodities, could continue for a couple more months before a major correction.
Things I have been and remain bullish on: Potash, Sugar, Wheat, Soybeans, Corn, Cocoa, Coffee, Orange Juice, Copper, Uranium, Crude Oil, Natural Gas.
I've added to my exposure recently Aluminum, Nickel, and Coal.
WHEAT FUTURES (ZW1!)Any weather issues that cause supply shortages over the coming months could continue to have an explosive impact on prices, given the ever-rising addressable market for agricultural products. Aside from the weather, COVID-19 continues to pose unique challenges for farming and the supply chain. Over the coming months, weather conditions may be the most significant factor in years as the world is more reliant on bumper supplies each crop year.
Maybe it is not too late to get some BREAD !!CBOT Wheat is range bouncing! WHAT NEXT?
My current view remained neutral with wheat being in a range of 632 - 670. However, wheat could develop a bullish move on Monday and early Tuesday due to USDA Supply and Demand report later Tuesday.
Wheat is overall bullish trading in this range, so we should be looking for Trend-Following Buy setups as it approaches our lower orange demand zone at 625 - 632.
So the highlighted green zone is still a very strong area even though it is tested a coupled of times. I strongly believed that this is where smart money a.k.a institutional traders stops hunt and they are looking forward to make the market move higher.
As per my trading style:
I already have a couple of positions open at 626 and 630 with stop losses somewhat at 615.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
~ Tuan Anh Commo
Cycles top very soon, time to take profit.Check my related idea. Daily cycles that fuelled the recent move top somewhere around the 22nd of January and the longer term cycle is down till late February. All upside price targets have been reached and it's time to take profit and consider short. To see real weakness wheat has to close below 650.
Listen to Aristotle "As it is not one swallow or a fine day that makes a spring, so it is not one day or a short time that makes a man blessed and happy."
We lived in a fast paced society and the silly need to compare with what others have have become an obsession to many! We compare cars, houses, enrichment programs and even the stocks we buy. It seems that we are living in borrowed times as if achieving these material things will make you happy. But there is no end. Once you got the first possession, you knew you could have another if you tried once more. And the cycle repeats.
By itself, it is part of the growth process but the essence of chasing it blindly and oblivious to other important facets of your life like Family , Faith, Health, etc are put on the pedestal. Worth it ? I guess those who are nursing their health back will be more than ready to exchange their wealth for an extra year or those who made it to the top at the expense of losing their family would love life to give them a second chance.
Life can be brutal and lessons are painful as well. We may not get second chance and some mistakes are irreparable. Thus, our actions leads to consequences and when we pick one end of the stick, invariably we have the other as well. It comes as a package.
So choose wisely, my friends ! Investing as I have realised is more than making capital gains. It is a reflection of who you are, what you want in life and how you go about acquiring it. Your greed, envy, anger, etc will be a driving force to get you to trade more , to take revenge in the market , to accelerate your time spent in front of the laptop monitoring the price. On the other side, peace, love, faith, abundance mentality, family, charity can be your end results when you achieved what you want in your investment objectives. 2020 is over and it will never come back.
Blame it on Covid-19 pandemic or not, no one , not even the world's richest nor powerful man can claim back the lost hours. We must march on, seize the moments in front of us daily and have the courage to take actions, adjust our directions and slowly but surely get to where we want. In this pursuit, others are watching and our actions, behaviour become their role models to learn from, to pass down from generations to generations.
Wheat FUTURES hits Target Zone My Trading Strategy is scall the Setup. This is the Setup 1 entry method ... Just wanted to highlght the most recent setup formed on WHEAT Futures Contract. IT's now hit the Target level that I like to call TZ1.
I used to trade the Commodities Futures back in 2009 and made some good money. Don't know why I stopped? Perhaps the FOREX volatility had my attention...