farmtrader15

farmtrader15 Updated 

Crude needs to react to the trendline and GP. It also must show a bullish divergence on the three oscillators. I am planning on going long around the GP if it reacts nicely.

farmtrader15 Updated 

Gold appears to be approaching a key zone of interest, but this time I am long and looking for a breakout. As shown in the charts we can see that gold is heading right for a trendline resistance + golden pocket and it is starting to top out on the oscillators. This tends to be a banger recipe for a rejection but I think this time around could be different. This...

farmtrader15 Updated 

This week has brought about news on the projected corn yields dropping marginally, which in turn, is pushing this beast into higher territory. As we check out the chart we can see we have a significant golden pocket that will act as the Berlin Wall for corn. Prices below the golden pocket will act as East Berlin, controlled by the soviets during the Cold War....

farmtrader15 Updated 

A combination of the dollar showing short term strength, and gold topping out into resistance with bearish divergences on three accurate oscillators. I am short, good luck.

farmtrader15 Updated 

Crude Oil Futures (Sep. 2022): As we observe the descending channels we find that after each tap off of the bottom we get a retracement back to the .618 fib. With that being said, one my find that we are approaching this point once more, could very well happen today. My Trade Plan: Normally when making a channel trade like this one I like to scale into it....

farmtrader15 Updated 

BTC is headed right for the descending channel drawn on the chart. I believe this will offer up some great short opportunities. I will begin scaling in around 25K. Ill look to TP on the way down but ultimately I'd like to hold a portion of the short for the breakdown from 17k.