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Commoditytrading

CORN, MONTHLY CHART, BUY, LONG-TERM INVESTMENT PLAN(11-DEC-2016)Long-Term Investment Opportunity: Corn price is trading down since year 2013 and the current price is near 8-year history low. It is good to buy at the MARKET CYCLE LOW and hold for long term. Here are few ways to accumulate your long term investment in Corn: 1. Buy now with little % as the price is already quite low 2. Buy with more % when the price further drop to 8-year history low level 3. Buy more % when price drop to 10-year history low
OANDA:CORNUSDLong
by YongLiang
WTI CRUDE OIL, DAY CHART, LONG (11-DEC-2016)Crude Oil is trying its 2nd attempt to break the resistance zone. There are 3 possibilities here: 1. If it break the resistance zone, wait for PB to the resistance zone and a bullish signal to long. 2. Eventually, it might form consolidation near the resistance zone. If breakout, can directly long 3. If there are 2-3 "2 BARS REVERSAL" to trigger the BEARISH movement, we will change our view to short! A Risk to Reward of 1:3 for this trade :) Fundamentally, the crude oil price rally is due to the oil production cut by OPEC and potential cut from Russia and NON-OPEC Countries. The production cut might not able to reduce the current global stockpile significantly. It might be the reason to hold the crude oil price trading in the range!
TVC:USOILLong
by YongLiang
Will Putin's Intervention Rally Oil? Watch 46.00 For CluesAccording to a new Bloomberg interview Mr Putin is pushing for OPEC and Iran to halt oil supply in order to rally prices above $50 a barrel. The measure of success will be a close above $46.00 as it was breakout above this level that previously took oil above $50.00. Given the nature of oil any major exporter announcing they want to cut supply should provoke a short term rally and 46.00 is in view given Friday's close failed to break the 61.80% fib level. A sell trade is still on the cards with price failing to close above 44.64 where we have prior structure so now it's a matter of waiting for exhausted candles at this level or if we see a spike upwards from Mr Putin's words.
FX:USOIL
by Elliot_Myers
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