CORN trade ideas
CORNOverall trend is down. A shallow pullback and rejection at previous support.
Opened short position.
Planned TP1 indicated on chart.
potentiel position acheteuse sur le mais Après 4 semaines d'observation du au COVID-19
(L'état de la récolte de maïs aux États-Unis en 2020 a diminué de 4% la semaine dernière pour s'établir à 71% . Six États ont indiqué que l'état du maïs s'était amélioré la semaine dernière, 11 États ont signalé que l'état du maïs avait diminué la semaine dernière. 2 autres États ont mentionné que les conditions étaient inchangées. La plupart des améliorations ont été constatées pour l’est et le sud du Corn Belt, tandis que la plupart des déclins ont été constatés dans les régions centrale et occidentale du Corn Belt.)
Le maïs a diminué la semaine dernière et compte tenu des prévisions de cette semaine à savoir des conditions principalement chaudes et sèches. vu ce constat ,vous remarquerez que l'on est dans un range depuis 2013 . les prix ont touchés la borne basse du range et le squeez 18 mai nous montre effectivement que les acheteurs ont la main à court terme et moyen terme .
Je prévois donc une position acheteuse jusqu'à 3.445$ objectif 1 matérialisé par la présence kijun weekly représentant également 50% de fibo moyen terme . Mais mon analyse sera potentiellement intéressante par le biais d'une confirmation de la chicou span en cassant les bougies du bas vers le haut . une fois le signal donné objectif 2 sera de renforcer ma positon jusqu'à 3.893$.
observation continue...
CORN (Every big thing has a small beginning!)View On Corn (10 JUNE 2020)
After all these years of trading/investing, we realize that good traders/investors possess a good grasp of these two things.
They are, Knowing what is going on in the market right now and knowing what is coming up next.
The price of corn has been bouncing around the range since 2008 and now it is at the lower band of that range.
In Addition, due to the global geopolitical situation around the world, we are witnessing the major disruption of worldwide economic mechanisms, and expecting the basic soft commodities price shall skyrocket in the near future.
That's why we are going to position ourselves on the very potential upside of CORN. This set up may or may not work out.
The move up may take some time but it should unfold soon. Every big thing has a small beginning
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
CORN (The UP trend shall take shape slowly)View On Corn (10 JUNE 2020)
Corn has met some road bump in its rally and it is in search for the next price discovery and push up.
I expect the push-up/support will come in near $3.18 region.
So, if you are looking into a buy. Please be patient first.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Corn: Long corn, stop short...I'm actually talking about the real commodity here. Interestingly it has a nice base and daily trend signal here, which has decent upside vs risk.
I'm long since last Friday, near the open using July corn futures. Looking for a move towards the target on chart in time.
This could be a major bottom, so, probably interesting to see if we can keep a part of the trade running for longer, provided it forms a continuation signal after hitting the target zone.
Cheers,
Ivan Labrie.
Corn (It is going to get more Xpensive)Updated View On Corn (30 MARCH 2020)
After years of sideway and range bound movement, we are expecting Corn (Food price) is going to get a lot more expensive.
It may not happen immediately and it may take time to unfold. But the potential reward can be great.
Let's watch them closely!
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We broke out of the trend - Buy opportunity CornWe broke out of the negative trend line, backed up by higher low's indicated by the yellow increasing trendline, and a higher local high.
For sharp entry:
Wait for retracement till the horizontal line which acted as S/R recently, or wait till it retraces till the trendline.
For strong conviction:
Market order to get the length since it seems a new trend has started.
Take length with your own preferred SL/TP.
Trading is not about copying but about forming your own opinion.
CORN USD BUY (CORN - US DOLLAR)Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
updates on a few pairs and USDCORN hi guys this is what i'm looking at now. again we have seen some slow and choppy price action showing but there's a few i can see developing into better structure and are very close now i will keep you all updated !
Global Food ShortageGlobal Food Supply Chain Outages and booiung population can do corn a big sustained lift
$CORN long!ducc opening a long swing position on $CORN. $CORNUSD is at the bottom of the all time range showing 3x bullish divergence on the MACD with coinciding bull div on the rsi. 4hr also has coinciding bullish divergence at critical horizontal line support.
ducc targeting the mid point of the range and range high as profit taking levels. add this one to your long term stacc
CORNDaily: Pin bar on Daily that Trading view Candle don't show,
Expecting a drop to fill the Pin bar wick.
1hr sell at 3.379
CFDs on CORN (CORNUSD) WeeklyDates in the future with the highest probability for price direction reversals
Corn can Test Resistance Levels
Hello friends, especially in the Agricultural Commodity Market :
Corn and Soybeans had been trading discounted for a long time.
I shared my prediction earlier because the Soybeans exceeded intermediate resistance.
That analysis continues (On related ideas)
Now it's time for Corn.
Because Corn just broke up its minor resistance,
under the influence of the buy signal.
When we look at the relevant Terminals
14 Weeks Period :
Autonomous LSTM Adaptive Period :
We can observe that it is being discounted.
It contains a very nice Risk / Reward Ratio.
So it can be tried with a low amount of position.
The parameters I recommend for this analysis:
Risk/Reward Ratio : 1/2.99
Position Size : % 1
Stop-Loss : 3.622
Goal : 4.435
Let us not go into heavy positions, if an otherwise sudden development occurs, we keep our lead when the conditions improve.
Regards.
CORNUSD - 6 months investmentIf CORN will manage to break upside, I'll invest some part of portfolio. At dashed TPs I'll be looking for pullback, offload some, and re-enter lower.
Merry holidays, whatever you celebrate!
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
