SB1! short on uptrendshort order under low of confirmation candle.
Stochastics show overbought, so short on uptrend.
YO1! trade ideas
Sugar No 11 Futures Suggest #BUY POSITION (#Sugar, #trading)Hey, here is my new forecast, and don't forget to follow them because commodities are very useful after the crisis. They are one of the useful and progressive pairs compare with others. Also, they are very useful for long term trading!
I wrote all explantations and some forecast move of this pair I hope you like it. If you have any questions don't hesitate to contact me or you can comment and LIKe this graph too. Thanks and Good Luck
Long $SGG Sugar ETF at 33.50 or 10.30 #Sugar Futures Spot PriceSugar and Brazil Relationship:
Since Brazil has been the leading producer of sugarcane in the world, the value of the Brazilian Real plays a significant role in the price of sugar futures. Weakness in the Brazilian Real against the US Dollar encourages Brazil's sugar producers to boost exports. The logic is that a lower Brazilian Real incentivizes Brazilian farmers to produce more sugar to export sell for US Dollars. However, it's likely that the Brazil Real will appreciate against U.S Dollar over the next couple months based on technical analysis and possible economic intervention from the Brazilian Government.
- U.S. Dollar/Brazil Real pairing or BRB index showing many downside trend change signals here such as bearish RSI divergence since early March on Daily chart. Weekly chart showing RSI and MACD curling down from record highs with Momentum also curling down but after a double test of highs
Growing Ethanol Demand:
In July 2019, India announced they will work with Brazil on ethanol production. Using more cane in India to produce ethanol, instead of sugar, could reduce the global supply of the sweetener. 32M sugarcane could be used to produce ethanol and electricity instead of sugar in the next year. The joint venture, named BP Bunge Bioenergia, will manage 11 cane processing plants in Brazil with capacity to crush 32 million tonnes of cane per year
- Higher crude oil/gasoline prices benefit ethanol prices and may prompt Brazil's sugar mills to divert more cane crushing toward ethanol production rather than sugar production.
- India and many other countries are boosting ethanol output for sanitisers on coronavirus pandemic
Supply Curbs:
In July 2019, India, the second largest producer of sugarcane, announced they will create a buffer stock of 4 million MT of sugar for 1-year starting Aug 1 in an attempt to limit supply and support domestic sugar prices. Also, further supply disruptions are expected in India due to Coronavirus Lockdown.
- The Indian Sugar Mills Association (ISMA) reported Wednesday that sugar production in India dropped sharply by -22% y/y to 23.27 MMT during Oct-Mar
- Sugar production in Thailand, the third largest producer of sugarcane, is expected to fall 28% to a nine-year low of 10.5 million tonnes in the current crop season as drought curtails cane supplies
India Sugar Subsidies:
In August 2019, Brazil, Australia and Guatemala have complained again to the WTO to set up dispute panels to rule on India’s sugar subsidies.
- A change in WTO trade dispute status to Panel Composed on October 28th supports the global price of sugar. This news catalyst increases the possibility of removal of India sugar subsidies. If removed, India sugar stockpiles could fall thus decreasing global supply. Now in April 2020, we can assume the dispute must be in the further into review process
Real-Time CashFlo Twitter Post:
twitter.com
SUGAR analysisHi friends
the SUGAR market chart shows that there is a very high probability that this stock will experience an upward trend in the coming days
for more information please contact me on
youssef.lyazidi5@gmail.com
Commercials - Guys who KNOW! EDU VIDEO HOW TO USE IT $$$Hi traders,
I have decided to record the educational video about commercials because I have received very good questions that are worth answering. Thanks Michal!
Commercials provide information about WHAT IS GOING TO HAPPEN . Price Action is used for timing. That´s the biggest difference between those two worlds.
I also describe how to set the COT Index and how to use it if you are a BEGINNER.
You have to understand that connecting PA and Commercials rapidly increases the WIN ratio. Commercials are used for creating the watchlist for the upcoming week. Price Action finds the best entry point.
I hope you will like the video. Thank you for your time.
Good trading,
Jakub
FINEIGHT
SUGAR - CHEAP for coffee! #COMMERCIALS LONGHi traders,
today´s analysis contains information about possible COT trade in the SUGAR. Commercials increased their Long positions, and we are near the extreme SUPPORT level - Edge of the Value area!
Sugar also created a nice REJECTION that confirmed our expectations. Do you remember "Buying tail" from the last videos? Sugar´s tail is one of the most beautiful ones.
Do I enter the trade right now? No!
I am waiting for the 123 pattern that is safer. It´s the last confirmation I am looking for.
Remember - trading is about connecting the dots. And that's what we do in the video.
Good trading,
Jakub
FINEIGHT
SUGAR WEDGEPrice has made a wedge pattern. daily has broken the trend line and conducting pullback. Also notice outside day on weekly @ demand
SB1! Futures Chart- Sugar id front of a great resistance which fights to break it. for the moment it is in a bearish phase if it doesnt break the level of (11) with power
- For the moment there is a very high probability that the market will return to test the level of (9.60) . which is going to be an important
support.
- And if ever it breack it there is an 80% probability that the market will move to (8.36)
COT - Sugar 11 - LongComments: this play can be rushed, because the levels of both cot indexes we monitor are still low. We want anyway to enter because:
- the speed of the drop was very fast (price % change / time of the change in weeks)
- net position change speed was very fast (net position % change / time of the change in weeks)
- for the very good r/r at this price level
Cot 3y: 51.8
Cot 6m: 51.8
Rsi: bullish divergence
Price: multiyear support
Entry: 10.43
Sugar buy or sellWe can open short positions if the support breaks and the price comes back for a retracement. In the alternative scenario, we can open long positions if we see reversal signs.
SUGAR FUTURES (SB1!) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
SUGAR FUTURES (SB1!) WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
SUGAR FUTURES (SB1!) MonthlyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
COT, SHORT SUGAR 16.49 Entry on multi year down trend
If resistence is broken possible downtrend continuation for huge R/R
First target around 10%
In several weeks COT index at 156 weeks should go to zero
Sugar Futures long by Elliott Wave Theory.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Sugar great idea with Eliott wavesYou can see Eliott waves on sugar chart, also C wave started
Let me tell you next:
I have read from several sources that sugar production in the world has declined so this can raise prices.
Price has already hit a strong resistance. it will probably be broken.
After price confirm you can enter long position I enter earlier!
For TP we have 2 target. the first one is the 50% Fibonacci level and the second one is 61%.
about the chart, if you have questions ask me in the comment I will answer you.
Have a nice weekend
Sugar Futures (SB1!) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
Sweet squeeze canditate after breakaway gapCommercials started reducing their longs in HL $CANE, $SB_F
Sugar #11(NYBOT)-Mar. tend to be weak betw. 2 Nov. and 9 Dec.Sugar #11(NYBOT)-Mar. contract
Sell on approximately 11/02 - Exit on approximately 12/09
Percentage Correct: 87
Average Profit on Winning Trades: 0.89
Average Profit Amount on Winning Trades: $1001.97
Number of Winners: 13 out of 15
Average Loss on Trades: -1.10
Average Loss Amount on Losing Trades: -1232.00
Average Net Profit Per Trade 0.63
Average Net Profit Per Trade 704.11
SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MORE CONSISTENT COMMODITY FUTURES SEASONALS THAT HAVE OCCURRED OVER THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES MARKETS TO REACT IN A SIMILAR DIRECTIONAL MANNER DURING A CERTAIN CALENDAR PERIOD OF THE YEAR. EVEN IF A SEASONAL TENDENCY OCCURS IN THE FUTURE, IT MAY NOT RESULT IN A PROFITABLE TRANSACTION AS FEES, AND THE TIMING OF THE ENTRY AND LIQUIDATION MAY IMPACT ON THE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT HAS IN THE PAST OR WILL IN THE FUTURE ACHIEVE PROFITS UTILIZING THESE STRATEGIES. NO REPRESENTATION IS BEING MADE THAT PRICE PATTERNS WILL RECUR IN THE FUTURE. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. RESULTS NOT ADJUSTED FOR COMMISSION AND SLIPPAGE.
