ZW1! trade ideas
WHEAT Short Idea ZW1!Hi guys and Merry Christmas ! I post my recent Idea for short positions on ZW1! with a target to 483$. As we see the movement of the ZW1! we see fake breakouts in the recent timeline. After the recent trade wars tall between China - U.S we saw a bullish momentum but it wont last anymore because didnt reached a breakout to drive wheat prices higher. So my target on Wheat is 483 $. Invest with wisdom and be carefull guys !
Long wheatLong short run until new years
Short in the medium run: new years date till april/may
Long long run: onwards
#ZW_F $ZW_F #Wheat – BEAR SPREADI built a bear spread ZWU19-ZWN19. There is still a chance, that the price in Wheat will rise to 550. Therefore I wait for good timing. However, it is good to have a plan already. I await an entry about 5,0, SL 4,0 ($50) and PT 10,0 ($250).
#ZW_F $ZW_F #Wheat – SHORTI expect to reach strong S/R 550 very soon. Then could come selling correction. Be prepared!
WEAT under pressure?Not really. Instead it's building pressure!
All the messing around in the sideways area (dark red) is usually managed to "load the boat".
If price breaks out to the upside, there's even a chance that we could forget to find a entry like I have projected with the arrows.
What also pops into my eyes is the slightly exponential curve that's begin to build with the last couple bars...
Putting the Toe into the water is not a bad Idea for me. If the scenario becomes real, I would load up on new pullbacks.
P!
ZW1! Long IdeaHi guys ! My view is a long position for ZW1! according to G20 meeting Trump - Xi Chiping will find a short timely solution about the recent trade war , so agriculture futures will temporarely rebound i think . According to my technical indicators that i use ADX and Vortex index , they signal a buy just for a quick trade . ADX tends to achieve 40 and the + vi is above the -vi which is a buy signal. My target is for now 525. Hope you find that usefull , have fun ! This post is not an advice , it is just an idea so be carefull for any positioning.
Wheat bull run $ZWI believe Russian aggressive wheat export campaigning has left their supply side depleted again. With rising wheat tenders across the globe and global cooling on top of an end of bullish accumulation phase as per COT analysis the path for higher wheat prices is wide open. Technically the 4h chart fits snugly in a diamond pattern, which upon breach almost always accelerates price action.
Wheat - Time for a choiceWheat has failed 4 weeks in a row to break the 525 price barrier - the weekly MA20 which is in negative direction! If we look at the shape it seems that we will head up, but there are several reasons why we should consider shorting:
Weekly MA 20 just above 525 with negative direction
Daily MA 50 just above 525 with negative direction
We are in decline on the monthly charts
1H, 2H and 4H chart overbought
Sell at 525 $
SL - 530
Target 485 $
Timeframe 2 weeks!
WHEAT SellWe have a weak movement up but we have daily MA20 below us. I believe that we need to retest it before seeing bull movement next week!
Open trade 523 $
SL: 526
Target 510 $
Good 4:1 ration !
Good Luck!
#ZW_F $ZW_F #Wheat - Bear spreadA breakout has come and a price reached my PT. Nice profit of $200/contract.
#ZW_F $ZW_F #Wheat - SHORTWheat was overbought last few weeks and there is still a potential to decline.
December Wheat Bullish Gartley?December Wheat may have found a reversal point just above the S1 pivot at 520. Upside target for bulls is crossing Pivot at 548'7 and heading for the 20 day moving average at 560. If this reverses then sell target for bears is double bottom at 491'6. Low world supplies may help this move up.
WHEATA bearish signal on Wheat futures with the target in the area $ 484/494 and stop loss at $ 584/585.
WHEAT FUTURES, 1D, CBOTTrading Signal
Short Position (EP) : 572
Stop Loss (SL) : 587.5
Take Profit (TP) : 534, 505.25
Description
ZW formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (572) and place stop after 0.618 level (587.5). Once the position was hit, place take profit before an agreement (534) and 505.25
Money Management
Money in portfolio : $48000
Risk Management (1%) : $480
Position Sizing
$0.25 = +-$ 12.50 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $15.5 = -$775/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $38 = +$1900 (STD)
EP to TP#2 = $66.75 = +$3337.5 (STD)
Expected Result
Commission Fee = -$3.61
Loss = -$496
Gain#1 = +$588
Gain#2 = +$912
Total Gain = +$1500
Risk/Reward Ratio = 3.35
WHEAT FUTURES, 1D, CBOTTrading Signal
Short Position (EP) : 573.75 (573’6)
Stop Loss (SL) : 588.75 (588’6)
Take Profit (TP) : 521, 479.5 (521’0, 479’4)
Description
ZW formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (573.75) and place stop after 0.618 level (588.75). Once the position was hit, place take profit before an agreement (521) and 479.5
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.25 = +-$ 12.50 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $15 = -$750/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $52.75 = +$2637.5 (STD)
EP to TP#2 = $94.25 = +$4712.5 (STD)
Expected Result
Commission Fee = -$3.61
Loss = -$480
Gain#1 = +$820
Gain#2 = +$1920
Total Gain = +$2740
Risk/Reward Ratio = 4.86
#ZW_F $ZW_F #Wheat - Bear spreadA bear spread with low volatility and risk. Entry at 6,0. SL 4,0 ($100/contract), PT 10,0 ($200)
Wheat futures..Getting the timing right when attempting to trade alongside the commercial hedgers considered the smart money is no easy task, to say the least. When they are heavily short it can still take weeks for that asset to start falling in price and of course they do make mistakes, and vice versa when long.
And so assume nothing..Use stops !!
Wheat Buy IdeaWheat Buy Idea @Monthly Demand Zone (444.0 - 411.2)
Buy Limit: 444.0
Stop Loss: 410.0
Take Profit: 490.0
WHEAT short opportunity developing WHEAT is in a bear trend below the 540.0 ceiling. An opportunity to enter short positions is developing for next week. First target is 440.0. This can be seen as the middle of a H&S patter with 440.o neckline. Have fun.
