#ZW_F $ZW_F #Wheat - Bear spreadA breakout has come and a price reached my PT. Nice profit of $200/contract.
ZW1! trade ideas
#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.
Wheat Buy IdeaWheat Buy Idea @Daily Demand Zone (466.6 - 461.2)
Buy Limit: 466.6
Stop Loss: 461.0
Take Profit: 486.0
Wheat Buy IdeaWheat Buy Idea @Weekly Demand Zone (427.0 - 410.4)
Buy Limit: 427.0
Stop Loss: 410.0
Take Profit: 452.0
#ZW_F $ZW_F #Wheat - Bear spreadBear spread ZWZ18-ZWU18. I wait for a correction and a spread price about 19,0. SL 17,0 ($100/contract], PT 24,0 ($250/contract).
Wheat Monthly first cross of Nines Ma'sFirst indication that Wheat futures have come to a turning point in 5 years.
wheat rising. pay attention for MOLI bullish. a lor of volume. i hope that maintains this line that it just have crossed.
wheat- moving in an uptrend positional target 572 .
strategy- buy on dips
sl- 1% buffer of blue trendline
ZW long: Short-term oversoldIt seems that wheat has been oversold on the lower timeframes (i.e. below 1hour). I believe that the risk-reward is now favourable on the long side.
Note that the current price is also an important price zone as I have highlighted in circles.
