GF1! trade ideas
FEEDER CATTLE FUTURES Potential heightThe price breaks through the descending wedge it is walking by, and breaking the descending trend drawn from the top reinforces the price's rise again to levels in a liberated manner.
Traditional|GF1!|Long and short *H.rLong and short GF1! High risk
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
CME:GF Feeder Cattle Futures prices forecast, Buy, Target 157Feeder Cattle Futures (CME: GF)
Trade : Buy
Entry : 139
Target : 157 (18, +12.95%)
Stop : 136 (-3, -2.16%)
Posted on Saturday, December 12, 2020
Note : Feeder cattle futures prices seem to be out of the bottom. At this point in time, target price could be 157 and support could be 136. Before the target price, 148 would be a resistance. It would be better to find opportunities to buy at around 139. It is necessary to consider that Live cattle prices are still weak. It's still hard to say whether they'll go over 157.
Inverse Head and ShouldersPrice must break the neckline in a confirmed uptrend..
L Shoulder is 133.27
R shoulder is 133
Head is 124.10
Not a recommendation
Contract 1-2021
feeder cattle ideaHi friends,
small leg down for c of 2 then up for wave 3
do not forget to follow me ^^
ABC BullishNovember continuous contract 2020
Possible Stop below 137
Pattern is only valid when price breaks entry level in a confirmed up trend
Not a recommendation
According to my experience. I expect a rise buy order
I am not using take profit. And stop loss
If you want to exit the deal. right on time. you can call me.
I welcome everyone
Feeder Cattle Futures GF1!GF1! is swinging up nicely and broke out the downtrend.
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
Inverse Head and Shoulders
Not a perfect or pretty pattern here but may fit the bill Always take a look to be sure (o: Not a recommendation
Wait for inverse head and shoulders, MACD becoming bullishMACD bullish on monthly chart. Wait for pullback on weekly chart.
Closing my position here, time to move on for meThe first target was hit and its time for me to get out completely, the possibility of reversal. Good trade and I made a nice chank of money. Hope someone else did too :).
Bull flag breakout in feeder cattle. Potential targetsClear breakout on elevated volume out of the bull flag. I advise you to take some profit around target #1, just in case. Profit never hurts. Good luck.
