CORN LONG Corn broke supply zone and its a good idea to get a long at the pullback! non-commercials are cutting shorts and commercials are adding shorts. Also, non-commercials are cutting shorts for bloomberg commodity index, and corn is in there. It's up from here Longby leoohermoso4
Corn Futures ZC supply and demand forecast analysisSupply and Demand and any trading strategy can be quite overwhelming at times. When looking at the Corn Futures ZC weekly timeframe we can see there is a super strong weekly demand imbalance created around 3600. The strength of that demand imbalance is quite strong, we already have price reacting to it, we are expecting Corn Futures ZC to rally higher, there is a lot of room for Corn Futures to keep on moving to the upside. You can use Corn Futures options or various ETFs to trade Corn Futures as well, you are not exclusively limited to the Corn Futures ticker. We don’t need any specific tools to learn how to trade Futures or Corn. You can pay attention to Corn fundamental analysis or even Corn Seasonal analysis, but all that will be a lot of hard work just to learn that fundamentals where good to sell Corn Futures but you did not know there was a pretty strong weekly demand imbalance in control and you should have gone long on Corn Futures ZC instead of shorts. We can day trade and do intraday on Corn Futures as well. Supply and demand can be applied to any market and asset. Futures intraday and day trading is also possible by using simple rules that will help you locate brand new imbalances to trade. You can use other trading strategies to day trade futures and Corn futures. By knowing there is a very strong weekly demand imbalance in control, you can use other trading strategies to plan your intraday trades. Longby AlfonsoMoreno4
Corn Sep 24 SHORTM pattern Looking at our daily continuous corn contract we will first use our indicators such as RSI, Stoch RSI, and MACD to determine possible directional position. Or RSI is heading down the slightest but has been at this high level three major times with no success to break through and has gone flat. Our Stoch RSI shows slight less buying pressure with the buy RSI above the sell RSI, therefore still showing slight, not strong but still bullish presence. Our MACD shows overbought conditions with our buy and sell looking to cross for selling pressure. (Only 1 real bearish signs with a reasonable half bullish indicator.) A 10R chart will show a more favorable move to the downside which will break it through the latest low. an upside move using this technique is unlikely due to previous candle strength after Sep 17 drop. We are in lower lows and lower highs pattern and are testing the third resistance touch with little strength to break out.by tonyinvests3
Long corn ideaFarmers often will not sell into low fall prices, and with the corn crop being is poor condition this year I think we may see about 5$ corn by the end of the year due to poor overall crop conditions and farmer hoarding. Doubly so if we get a cold snap is the near future.Longby UnknownUnicorn25381645
THE WEEK AHEAD: GDXJ, /ZC, /ZSEARNINGS: No earnings announcements this coming week in underlyings with highly liquid options with ideal rank/implied metrics (>70% rank/>50% 30-day implied). EXCHANGE-TRADED FUNDS: SLV (82/29) GDX (74/33) TLT (71/15) GDXJ (60/37) GLD (59/15) XOP (35/37) Precious metals ... again, with GDXJ offering the best volatility metrics (>50% rank/>35% 30-day implied) BROAD MARKET: IWM (23/19) SPY (13/13) QQQ (11/18) EEM (7/16) EFA (15/11) FUTURES: /SI (82/28) /UB (71/5) /ZB (71/12) /ZN (61/6) /ZS (63/28) /GC (59/15) /ZC (52/28) Pictured here is a corn short strangle in the October/40 days 'til expiry cycle with strikes camped out around the 1 standard deviation on the put side at 14 delta and the call side at the 13 delta strike, resulting in a delta neutral setup supposedly paying 4.00 at the mid price with break evens at 336 and 409. Naturally, that'll have to be priced out during regular market hours. There also may be some benefit in going out to November, where the implied volatility is at 25.3% versus October's 24.1% and where implied volatility contracts from there into winter and spring with February at 20.5% and April at 17.5%. An alternative trade would be in October beans; the 830/990 short strangle paying 4.75 with the short put erected at the one standard deviation strike on the put side, the call at the equally delta'd strike on the call. For contrast: corn's implied volatility term structure: October -- 23.3%, November 17.8%, December 19.2%, February 16.6%, April 15.8%. Naturally, either of these setups can be transformed into defined risk, iron condor trades by buying wings. VIX/VIX DERIVATIVES: Yowsa! VIX finished the week at sub-14 (13.74), so it's basically time to hand sit on what you put on in August volatility and wait for the next >20 pop to short.by NaughtyPines5
IN vs H&S corn crop is heavily damaged, and right shoulder is forming. crop report today. by DeadCatCapital1
$CORN - Also trading near TL supportCorn has had a big pullback and is now close to testing TL support. Longby Trad3r_163
ZCK2020-ZCU2019 - Commodity Spread Trading on Corn FuturesZCK2020-ZCU2019 Spreads on corn futures almost reaching Take Profit. Spreads are one of the most profitable forms of trading there are thanks to the statistical advantage on the seasonality of commodities. If done respecting the rules of operation, you get on average a Winrate of 87% with a Risk Reward of 2/1. Joe Ross is my greatest master in this field.Longby SwissTradingSchool4
Corn bottomed?Corn bounced right off the range I mentioned on my last idea, Aggressive traders might go long here but it's probably best to wait for MACD signal and further strength. Seasonally corn is Not bullish at this time of the year, so it's best to be careful with longs **If you're interested in joining a group of like-minded traders, send me a PM. This is NOT a subscription service, just bunch of average traders sharing insights in a FREE groupLongby D7073
Corn Buy Set Up Wave 3 Wave AnalysisI am looking for a huge bullish move up in Wave 3.Longby JjohnsonBeGreat112
Corn rally from hereFirst attempt at analysing grains. Curious to see how this plays outLongby n38steps0
Looking for a tradeable low in Corntarget for short corn idea that I posted was hit, now I’m looking for a tradeable low, more downside is likely but it’s probably better to stay flat and let the market figure out from where to bounce and then get on the trend. If 400 doesn’t hold, a low might form in the 380-391 region ** Just an idea NOT a forecastby D707224
Corn likely to sell off next weekWith commercials holding record high shorts in corn, we might see a sell off next week to 412 support. if it doesnt hold there, it could go to 404-400 ** Just an idea NOT a forecastShortby D7072
corn trading analysisthis is an idea based on fundamental and technical analysis, we are at a potential buy setup as the fundamentals(the report referred) suggest a minor supply and bad planting timing of the crop. it has to be remarked to read the comment of the acreage report at the end of the document and understand how the crop grows. if focused only on the first page of the acreage report (acreage of corn +3%) you can see that at the date the market receipted as a major supply(a sharp drop of price) but it did not account for the very late planting time and it can affect the developing of the crop. all the important reports: USDA acreage acrg0619 pdf (28/06/2019) USDA crop progress prog2919 pdf (15/07/2019) (search by your self) the setup is a buy if do not drop significantly below the parallel channel and watch the further development of the crop to maximize the profits in the closing of the positions. the latest report of the USDA indicate an improvement of the growing stage of the corn, but it is still significantly below compared year on year, also the crop quality has this deficit.Longby UnknownUnicorn20348510
Corn B3 - Second chanceCorn B3 Enter = open candle day when MME15 crossunder MME60 and Price at ~36.00 Stop = 36.90 Target = to infinity and beyond or 32.40 or 4 DAYS- close 4th candle day.Shortby cleber.martinelli6
Corn sell signalsCorn, weekly chart: 4 years long resistance zone + "Evening Star" candles pattern + Divergence on RSI(14) + "Shooting Star"/Pin bar candle pattern on monthly chart.Shortby Dmitry_Nikolaev1
CORN has reached exhaustion (for now)Yellow line is entry; Stop loss is the red line; Take profit are the green lines;Shortby TopeUpdated 4