Long double bottomPrice has rejected the recent swing low, could go long with stop loss at the red lineLongby Think_Trading4
CORNUSD LONG TRADE - PRICE HAS RETESTED NOW GOING UPHey traders, This is my analysis for Corn currently on the H1 charts. We can see that corn was trading in this descending triangle pattern. Price broke out then retested before holding strong. MACD Bearish momentum also seems to be decreasing Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobiLongby FXShinobi5
"Corn on a Resistance Zone" by ThinkingAntsOkDaily Chart Explanation: - On the Weekly Vision, price is in a huge lateralization, we see it has potential to move down towards the Support Zone. - Now, price is on the Resistance Zone. - We expect it to bounce from here. - We are looking for sell setups on lower timeframes. Weekly Vision: Updates coming soon!Shortby ThinkingAntsOk12
CORN DAILY ANALYSIS - WHAT IS CORN DOING?Corn currently is stuck in the middle of this range. Nothing really to say here. Corn is currently in the upward phase of the trading range after failing to reach the bottom of the range. Best to wait for price to make a move at one of the orange S/R levels I have labeled. There are plenty of other setups for commodities trading this week! Please see my related ideas. I have analysis on Gold, Natural Gas, Soybeans, and Sugar. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com ForexShinobi by FXShinobi7
An easy corn tradeType of position: Buy Entry point: 3.58 or below Exit point target: 4.48 (30% profit) Time span: 287 days You can enter some Corn CFD or use the Teucrium Corn Fund to make a similar trade. There is a clear pattern in the last 5 years for trading corn. We have a low around the beginning of September and we are bullish throughout most of the year until mid-late summer. The average gain as seen on the chart for the last 5 years is 30% and the average bullish time span is around 287 days. You can use leverage or options to increase the profit potential. Moreover, there is a high risk of crops freezing in the US which can boost the corn prices even faster: www.youtube.com Me and my clients caught the crypto bubble, the marijuana bubble, and we are preparing for the bull market in the precious metals now. If you are risk tolerant and want to potentially make fortunes, feel free to message me to get a free trial of my fund. For the next two months, I will be posting free trading ideas in crypto, stocks and commodities . Longby The4FundUpdated 4
"Corn is retesting the Resistance Zone" by ThinkingAntsOkDaily Chart Explanation: - Price started its down move after bouncing on the Major Resistance Zone. - Now, price is on the Middle Resistance Zone. - If it bounces from here, it has potential to continue its down move towards the Support Zone and, then, towards the Major Support Zone. - We are looking for sell setups on lower timeframes. Weekly Vision: Updates coming soon!Shortby ThinkingAntsOk5
Corn finish at the level of trade entryI will take long position from friday closing price. Longby darkxxlUpdated 2
CORN BREAKOUT OF D1 zones, with momentum of monthly DZ and WKI am just posting these for self reference and record. I posted this one a little later, but I got in on the breakout of d1 trendline, now acting as support. managed to get staggered entries giving me a 5:1 RR up to the tp.Longby kylerainford1991115
USDA's corn, soy stocks figures fall below expectations Instant View: USDA's corn, soy stocks figures fall below expectations Stock Markets1 hour ago (Sep 30, 2019 01:41PM ET) CHICAGO (Reuters) - The U.S. Department of Agriculture on Monday reported domestic corn stocks as of Sept. 1 at 2.114 billion bushels, below the range of expectations in a Reuters analyst poll. The USDA reported Sept. 1 soybean stocks at 913 million bushels, also below the range of analyst expectations. The government revised its estimate of the 2018 U.S. soybean harvest to 4.428 billion bushels, down from 4.544 billion previously. In a separate report on small grains, the USDA trimmed its estimate of U.S. 2019 all-wheat production to 1.962 billion bushels, from 1.980 billion previously. The latest figure was slightly below an average of trade expectations. Chicago Board of Trade corn futures jumped to a seven-week high after the release of the reports while soybean futures extended gains and wheat futures also firmed. Highlights: * USDA stocks, wheat crop report summary * USDA pegs U.S. soy stocks below expectations * U.S. small grains summary report - USDA * USDA quarterly grain stocks report * Trade estimates for U.S. grain stocks * Trade estimates for 2019 U.S. wheat crop * Trade estimates of 2018 U.S. soy crop COMMENTS: * Jim Gerlach, president of A/C Trading: "These were the biggest (quarterly stocks) misses in history and not by a little, by a lot. Last year's crops were over-stated ... The cash market has been telling you for a long time that we didn't have a 2.4 billion-bushel corn carry-out." * Bill Lapp, president of Advanced Economic Solutions: "It was certainly a sharper reduction than the trade thought in the 2018 (soybean) crop. We saw the USDA reduce the final crop by 116 million bushels. That was the largest revision to the crop we've seen on Sept. 1. The fact that they missed it last year does not imply that this year's is going to be a big shock as well." * Jack Scoville, vice president with Price Futures Group: "The USDA is telling you that they overestimated the crop last year as much as anything. But at the end of the day, 2.1 billion bushels of corn and 910 million bushels of soybeans is still a lot of corn and soybeans out there." * Joe Vaclavik, president of Standard Grain: "The soybeans, that was a big deal on the balance sheet. Corn stocks number, too, was well below estimates. It's an aggressive cut, when most people thought we could actually see the USDA come in above the market expectations. This really caught the trade off-guard." * Ted Seifried, chief market strategist, Zaner Ag Hedge: "As far as corn is concerned, it was a bullish (stocks) number. This is a bit of a game-changer for the new crop. We'll be sitting at a friendlier level for ending stocks than what we were looking at on the September WASDE, when we get the October report." * Bob Utterback, president of Utterback Marketing: "The USDA comes out with a report saying we have 900-plus million bushels of soybeans, and that's bullish to this market. It's a sign of where we're at: We've gotten so used to these massive numbers (that) they've lost their shock value." * Terry Reilly, senior analyst, Futures International: "We were surprised that USDA didn't make an adjustment in U.S. corn production for 2018 because stocks came in much below expectations. It indicates demand for corn for feed was much better than expected." * Craig Turner, commodities broker, Daniels Trading: "Corn was the big surprise today. It's not wildly bullish, but it's not as bearish as everyone was worried about ... USDA today is taking away the 2 million bushels or so of corn that they said they found in the March report ... That has the market really focused now on yield: Will the (2019) harvested acres come down, as we're all expecting, and will the corn yield come down, even just a bit?"01:54by DORMAN51
CORNUSD : LONGThe support and resistance levels are pivot bands and adaptive. Updates will be made about the idea. You can use supports for profit realization and resistances for stoploss according to your leverage and risk . NOTE: My ideas made only as a result of some predictions, do not agree completely. Just consider it as an idea between your opinions.Longby NoldoUpdated 6
"Top and Bottom Analysis on Corn" by ThinkingAntsOk4H Chart Explanation: - Price is on a Micro Ascending Channel. - Bearish Divergence on MACD. - If price breaks the Channel, it has potential to move down towards the Middle Support Zone first and, then, towards the Support Zone. Weekly Vision: Daily Vision: Updates coming soon!Shortby ThinkingAntsOk8
CORN, Sell on H4CORN, H4 Entry: Pivot Point and trend line crossing TP 3.56 TP2 3.46 SL 3:672Shortby ChrisDo3
CORN: Bullish Bat Pattern and Demand ZoneThe CORN moved as expected in last 3 months. Now a bullish bat pattern has completed near 3.40, which is also a monthly demand zone. Meanwhile, the price has began to rally beyond this level. So it is good to buy when the price pulls back. Entry: 3.47 SL: below 3.33 TP1: 4.0 TP2: 4.4 TP3: even to 4.9Longby AdamHong7
CORN: Up or Down?The CORN has soared for a month because of the China-US trade war. Will the Corn move up or down in the future? A good supply zone is above current price and the price seems to stop moving upward. So it is good to sell at 4.20-4.36 level with stop loss. SL: above 4.36 TP1: 3.84 TP2: 3.34 If the supply zone is breached, buy at the pullback and aim to 5.0Shortby AdamHongUpdated 4
Corn to make a Head and Shoulders Pattern? Bullish Agriculture!I have been trading the agricultural commodities much more lately. On a long term approach (investing) I am bullish agricultural because I see food supplies diminishing due to weather. Just this Spring and Summer, crop yields did not produce as much as before and according to information on Martin Armstrong's blog, farmers planted crops late in the East due to a lingering winter. I expect these weather uncertainties to keep occurring. Soil in the west is also diminishing. This can easily be remedied through things such as Zinc and other things like phosphate etc but don't want to get too scientific here. What this means is that in the future we will likely transition to indoor/greenhouse farming. Another bullish aspect is China. If you follow my work, I have said the only reason China would come to make a trade deal/truce is if their credit problem worsens, and if their food issue worsens. China has been hit hard with the swine flu and the army virus and the government is subsidizing food prices, especially pork. This could be a more short term/intermediate term catalyst. Onto the charts. A good confluence for Corn. We hit a major support/flip zone at around the 3.45 zone. You can see the downtrend with its lower highs and lower lows. They are well defined. Remember, by definition once a lower high swing is broken and we stop making new lower lows, the downtrend is now nullified. We either range or begin an uptrend. We can see the lower high swing at 3.60 was broken and also retested. Buyers are coming on here. On the daily we are now awaiting our first HIGHER LOW swing in a possible new uptrend which we could have here. This would make a head and shoulders pattern and the confirmed higher low swing once we break above the neckline at the 3.70 zone. Overall this is looking good. We could see a move up to the 4.00 level.Longby Uncharted-FX4411
Corn Long @ 358.28stop @ 338.50 target @401.50 my rates are 100 x tradingview ratesLongby Killerpips-FxUpdated 3
ducc longing the corn!! $CORN $USD bullish bat harmonic pattern ducc longing the corn!! $CORN $USD bullish bat harmonic pattern has hit the pattern completion zone (D) long entry target Longby degenducc2
spread wheat vs corn 11:14 04-Sep-19.LOG spread wheat vs corn 11:14 04-Sep-19 I spread trade WHEAT versus CORN. I follow more or less - Keith Schap – The Complete Guide to Spread Trading The guy who spreads and makes a little every day is the one who walks away with the big money. –A veteran trader, quoted in Futures Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units. Trade accordingly your account size. The trades can last hours, days or weeks. Patience and discipline and money management. I will not lose more than 5% of the equity. I can trade every hour or other. Intercommodity Spread The Intercommodity Spread is a spread between two different commodities, but in the same delivery month. Often this spread will set-up according to seasonality or occasionally a harvest supply/demand picture. The Corn-Wheat Spread The Intercommodity Spread is our focus for today! Specifically, we will analyze the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011. This is a trade that I have monitored since the 80’s. I believe that it was first notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends and history of the trade saves time in research and previous observations may even save money on potential variances to watch for. In this particular spread, we note that July may be a strong month for corn as the weather conditions, plantings acreage, export numbers may still be unknown. The crop is still vulnerable until toward harvest which is in the fall. On the other hand, the harvest for the soft red winter wheat may be in July, allowing the market to regard the saturation of a harvested crop. One may look at the months; March, July and September contracts for this particular spread trade and select another, but this is the anatomy of the spread, not to be confused with a trade recommendation. As a matter of fact, this spread may be reversed at another time of the year. June may be a time frame to review the Wheat-Corn Spread. These grains are both feed product and may also be affected by livestock production trends, global supply-demand figures, weather conditions and basis for the farmer. The wheat is typically a heavier protein cereal, while corn does not vary to the extreme. In modern times patents on the seeds of varied grains has become big business. The USDA regulates the delivery, grades and contract size regular for delivery. The seeds and fertilizers must also endure disease and pests. There are Government Subsidy programs as well in some cases to control the crops being planted. In recent times, Africa has been know to lease land for crops to fulfill some of their required grain inventories in countries such as China. Technically, it is good to pull up a spread chart to monitor the merit of the potential move. One may select their Indicators to best confirm an entry. There is no audio in my videos. This is a demo ac. I have a real ac with oanda. 04:43by DORMAN52
Look for a longInteresting hold of the support line, technicals are turning up. 1st target 3.80 on upward move. Higher low at this point on a medium timeframe.Longby wallstUpdated 2
"Top and Bottom Analysis on Corn" by ThinkingAntsOk4 Hour Chart Explanation: - Price started its down move on the Resistance Zone. - Now, it is on a Bearish Corrective Structure. - It has potential to move down towards the Middle Support Zone and, then, the Support Zone indicated on the chart. Check out our last predictions on CORN (they were really precise)!!! Weekly Analysis: Daily Analysis: Updates coming soon!Shortby ThinkingAntsOk2
spread wheat vs corn 07:38 30-Aug-19 adding some more.LOG I spread trade WHEAT versus CORN. I follow more or less - Keith Schap – The Complete Guide to Spread Trading The guy who spreads and makes a little every day is the one who walks away with the big money. –A veteran trader, quoted in Futures Every time i enter a trade in WHEAT i enter a trade in CORN with the same amount of units. Trade accordingly your account size. The trades can last hours, days or weeks. Patience and discipline and money management. I will not lose more than 5% of the equity. I can trade every hour or other. Intercommodity Spread The Intercommodity Spread is a spread between two different commodities, but in the same delivery month. Often this spread will set-up according to seasonality or occasionally a harvest supply/demand picture. The Corn-Wheat Spread The Intercommodity Spread is our focus for today! Specifically, we will analyze the merits of the Corn-Wheat Spread going into the 1st and 2nd quarter of 2011. This is a trade that I have monitored since the 80’s. I believe that it was first notable in the mid 60’s. The beauty of taking a classic trade and reviewing the trends and history of the trade saves time in research and previous observations may even save money on potential variances to watch for. In this particular spread, we note that July may be a strong month for corn as the weather conditions, plantings acreage, export numbers may still be unknown. The crop is still vulnerable until toward harvest which is in the fall. On the other hand, the harvest for the soft red winter wheat may be in July, allowing the market to regard the saturation of a harvested crop. One may look at the months; March, July and September contracts for this particular spread trade and select another, but this is the anatomy of the spread, not to be confused with a trade recommendation. As a matter of fact, this spread may be reversed at another time of the year. June may be a time frame to review the Wheat-Corn Spread. These grains are both feed product and may also be affected by livestock production trends, global supply-demand figures, weather conditions and basis for the farmer. The wheat is typically a heavier protein cereal, while corn does not vary to the extreme. In modern times patents on the seeds of varied grains has become big business. The USDA regulates the delivery, grades and contract size regular for delivery. The seeds and fertilizers must also endure disease and pests. There are Government Subsidy programs as well in some cases to control the crops being planted. In recent times, Africa has been know to lease land for crops to fulfill some of their required grain inventories in countries such as China. Technically, it is good to pull up a spread chart to monitor the merit of the potential move. One may select their Indicators to best confirm an entry. There is no audio in my videos. This is a demo ac. I have a real ac with oanda. 01:33by DORMAN50