#ZS_F $ZS_F #Soybeans – LONGSoybeans market created a strong S/R zone around 900. If the price will go up over 900 then I see a good potential for reaching 1000 or more.
ZS1! trade ideas
Soybean futures - Short to 700; Horizon: 6 monthsSoybean futures in the CBOT will approach the late 2015 levels of 800-850. The last time this downward support was crossed was in 2004 and it was a big downward trend of -35% with good short entry opportunities. This position is correlated with our medium-term view of bearish commodities in the next 6-7 months with a bullish USD and a bearish EUR. Our target is a drop of -18%, approximately at a price of 700.
Long SoybeansHi guys ! I post a trading idea for long positions at ZS1! . Recent WASDE report had a price projection for soybeans for 2019 about 900-910. As wee see also in the recent political scene trade war talks at G20 there is a good possibility to go far beyond as from 910. From technical analysis view at the monthly chart is long with target 1056 , RSI is tend to swing to upper levels so I think is a good long signal and ADX now is tending to get a direction which is a further high price. Hope you find it usefull !
January Soybean Head and Shoulders or BreakoutSoybeans are locked into a parallel channel between R3 and S1. Right now a H&S is showing. Breach of R2 at 905'1 would nullify this. If H&S comes due, drop to height of last shoulder as a minimum to S3 805'7 would be target.
Soybean Oil Reverses Bearish CypherBO has moved lower today eyeing the 20 day MA and pivot at 28.52. RSI falling and Stochastic RSI has crossed over from high levels. If pivot holds increase move up to 29.95. Move under the 20 day MA and pivot would possibly send markets to S1 at 27.63. Overall market is in a downtrend.
Soybeans to continue downward trend next weekOANDA:SOYBNUSD near to resistance trend line. Look to sell around 870
November Soybeans Nov Soybeans fell from R2 at 868. 20 day MA must be broken and market must stay under for any legitimate fall further. Stochastic RSI has crossed over and market hit RSI uptrend.
Soybeans Future (ZS1) Long ViewHi guys ! I post my new trading idea for ZS1 (Soybeans Future). Soybeans are at a negative momentum with a price range 790-830 , in my view I see that this price is going to reach the level of 900-910 because of the hurricanes in U.S , also ADX and RSI are at ovesold levels and the trend in the next month i suppose is going to change upwards to the price levels of 900
Rectangle Support tested. Reversing towards the Resistance. LongSoybeans (ZS1!) are consolidating (Highs/Lows = 0) near the 1D Rectangle's support (810 - 910). Based on this sideways pattern since late June, the price should now approach the 910 Resistance. We are long, TP = 900.
#ZS_F #ZW_F #Soybeans #Wheat - Intermarket spreadIntermarket spread ZSH19-ZWH19 between soybeans and wheat is extremely cheap. Moreover, oversold soybeans and overbought wheat make perfect conditions for this spread.
ZS SOYBEANS. SHORT SELLING OPPURTUNITYAssalamualaikum & Hai to all my trader friend.
ZS Soybeans will be in my watch list from now.
Sharing my trading idea for this market.
Expecting price to move lower to complete the last leg for this motive sequence.
November Soybean FuturesLooks like a bottom has been well and truly made - target close to 1000
Still susceptible to China US tariff politics but - looks like a strong reward: risk ratio
Break above 920 would seal the deal
#ZS_F $ZS_F #soybeans - Bull spreadBull spread ZSX18-ZSF19 is very cheap. I entered at 9,0. Heading to 4,0.
Soybean bear market - monthly chartSoybean monthly chart since 2000. Soybean bear market continues during the summer with a typical seasonal bottom in October. Look for selling opportunities in short consolidation patterns.
Soybean futures Nov 2018 (1D) Trading Signal
Long Position (EP) : 849.5
Stop Loss (SL) : 840.5
Take Profit (TP) : 881.25, 888.25
Description
ZSX2018 formed Double Repo Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (849.5) and place stop after 0.618 level (840.5). Once the position was hit, place take profit before an agreement (881.25) and 888.25
Money Management
Money in portfolio : $49000
Risk Management (2%) : $980
Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $9 = -$450/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $31.75 = +$1587.5 (STD)
EP to TP#2 = $38.75 = +$1937.5 (STD)
Expected Result
Commission Fee = -$11.28
Loss = -$900
Gain#1 = +$1587.5
Gain#2 = +$1937.5
Total Gain = +$3525
Risk/Reward Ratio = 3.87
