Best of Trading
An educational blogsite dedicated to teaching the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies. Primary focus is on the E-mini S&P. Please read the risk disclosures contained within this blog.
Showing posts with label Soybeans. Show all posts
Showing posts with label Soybeans. Show all posts
Tuesday, October 2, 2012
Soybeans: Updated Count
Best of Trading
Thursday, September 27, 2012
Soybeans : A Multi-Year Top?
My last two updates followed the progression of the final subdivisions of w.5 and I believe that Soybeans have reached a multi year. As readers can see my initial target of the previous 4th wave has now been met yet the wave count isn't complete.
I'll be looking lower to the next price objective... the 1.618 extension which also coincides with the open gap.
Best of Trading
======================================================================
ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blog site.
======================================================================
Fair Disclosure Notice: I do not have a position in any of the aforementioned futures markets or securities related to this article.
Labels:
Soybeans
Tuesday, August 7, 2012
Soybeans Lower?
I thought I would expand a bit upon a tweet I made on August 3, 2012, where I said, " Any way u cut the fish, $ZS_F going lower. Any temp. strength will be negated."
The basis for my opinion was due to the fact that the wave structure from 7/24 - 7/31 appeared to be in three waves and thus a corrective rally. If my assessment was correct then a significant decline could ensure and thus the "context" for my comment after the 8/2/2102 close.
Note: that temporary strength was indeed negated and yesterday price turned south
From the 1656 high, the decline should unfold in a five wave decline. The pattern would be confirmed on a closing bases below 1552^2. If not, the possibility remains that we will see a complex corrective pattern developing from 1690... possibly a triangle that would eventually reach a new recovery high.
I hope you found this information helpful and...
Best of Trading
======================================================================
ElliottwaveLive is not an investment advisory service or broker dealer. None of its contributors are registered investment advisors, licensed stock brokers or CTA's. The author may hold short term and long term positions in the futures, stocks and ETF's discussed herein. The author may also trade around those positions which may be in direct conflict with your positions. Complete trade disclosures of the contributor’s holdings are posted at www.elliottwavelive.blogspot.com. See Trader Disclosure.
Trade at your own risk. The blog site, Newsletter and all other information, material and content accessible from this Site (collectively, the "Content") provided herein provides the context for market analysis with respect to a market's, a security or a commodity's general position utilizing the Elliott Wave Principle. The Content contained herein are the opinion and general comments of the author and is based upon information that Mr. Sinibaldi considers reliable but neither ElliottWaveLive nor he warrants it's completeness or accuracy and it should not be relied upon as such. Mr. Sinibaldi or ElliottWaveLive (collectively, referred to as “EWL”) are not under any obligation to update or correct any content provided on this website. Any statements and or opinions are subject to change without notice. The content and comments contained herein neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade.
A more and comprehensive Risk Disclaimer and Disclosure Statements is available within the left margin of this blog site.
Labels:
beans,
Corrective Rally,
Soybeans,
Triangle
Sunday, July 17, 2011
Heard On The Street: $ES-F #Copper #Soybeans $EUR-USD
INTRODUCTION and ANNOUNCEMENTS:
Today the world finds itself at a crossroad of immense proportions. Possible European Sovereign Default and the U.S. Debt Ceiling /consequences of a possible downgrade remain atop of one's "Wall of Worry" list. Huge changes are coming in the near future whether we're ready for them or not. Many investors cling to the false hope that the economic storm is over and that their battered portfolios will recover from a decade of lost returns. As they will find out, it may be only just beginning.
Don't worry. The sky is not falling and the world is not coming to an end. In fact, the future has never looked brighter for traders and investors who take the initiative to "batten down the hatches" and position themselves properly in the market for the coming economic hurricane.
On December 20, 2010, I published my first edition of Global Gains where I released my market calls for 2011 with respect to the U.S, Asian and European major indices, Currencies, Metals and Energy. Whether you are a new subscriber or an existing follower, you may want to compare the market position as of 7/15/2011 for each market .... then compare it to my forecasts that were made over a half year in advance. Just click on the Global Gains link above. Every post on this site is dated and time stamped so you know the posts are authentic and NOT after-the-fact. As you will see, most of those calls are outright scarey while others invariably missed the mark. That's just the nature of long term forecasting.
I'm not reviewing this information to impress you but to impress upon you the value of the Elliott Wave Principle. Secondly, it's nearly time to update my forecasts for the remainder of the year and I think that readers will find similar value in my forecasts. I'm contemplating presenting my forecast in a webinar format near the end of August. Stay tuned for details!
Lastly, I launched Elliott Wave Live on July 2010 as a free service, consisting of analysis and commentary on the US, Europe and Asia-Pacific markets, commodities, currency pairs, stocks and ETF's using the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies. My primary focus has focused upon the E-mini S&P. My insight has been provided primarily through my blog site, video recordings and my Twitter account.
Shortly in the near future, I will be adding another level of service... a premium service, that provides more timely intraday analysis, charts and a greater in depth look at the markets. While I have not finalized all the details and cost of the subscription service, I will offer a free trial where you can kick the tires and slam doors to determine whether this service is right for you. All will be explained in a short video presentation at a date to be determined.
THE MARKETS:
In this weeks edition of Heard On The Street I'll be covering the Emini SP, Soybeans, Copper and EUR-USD.
Best of Trading
Today the world finds itself at a crossroad of immense proportions. Possible European Sovereign Default and the U.S. Debt Ceiling /consequences of a possible downgrade remain atop of one's "Wall of Worry" list. Huge changes are coming in the near future whether we're ready for them or not. Many investors cling to the false hope that the economic storm is over and that their battered portfolios will recover from a decade of lost returns. As they will find out, it may be only just beginning.
Don't worry. The sky is not falling and the world is not coming to an end. In fact, the future has never looked brighter for traders and investors who take the initiative to "batten down the hatches" and position themselves properly in the market for the coming economic hurricane.
On December 20, 2010, I published my first edition of Global Gains where I released my market calls for 2011 with respect to the U.S, Asian and European major indices, Currencies, Metals and Energy. Whether you are a new subscriber or an existing follower, you may want to compare the market position as of 7/15/2011 for each market .... then compare it to my forecasts that were made over a half year in advance. Just click on the Global Gains link above. Every post on this site is dated and time stamped so you know the posts are authentic and NOT after-the-fact. As you will see, most of those calls are outright scarey while others invariably missed the mark. That's just the nature of long term forecasting.
I'm not reviewing this information to impress you but to impress upon you the value of the Elliott Wave Principle. Secondly, it's nearly time to update my forecasts for the remainder of the year and I think that readers will find similar value in my forecasts. I'm contemplating presenting my forecast in a webinar format near the end of August. Stay tuned for details!
Lastly, I launched Elliott Wave Live on July 2010 as a free service, consisting of analysis and commentary on the US, Europe and Asia-Pacific markets, commodities, currency pairs, stocks and ETF's using the Elliott Wave Principle, Fibonacci Ratio Analysis and Market Timing strategies. My primary focus has focused upon the E-mini S&P. My insight has been provided primarily through my blog site, video recordings and my Twitter account.
Shortly in the near future, I will be adding another level of service... a premium service, that provides more timely intraday analysis, charts and a greater in depth look at the markets. While I have not finalized all the details and cost of the subscription service, I will offer a free trial where you can kick the tires and slam doors to determine whether this service is right for you. All will be explained in a short video presentation at a date to be determined.
THE MARKETS:
In this weeks edition of Heard On The Street I'll be covering the Emini SP, Soybeans, Copper and EUR-USD.
Best of Trading
Labels:
Asia-Pacific Market,
Commodities,
Copper,
Currencies,
Elliott Wave Principle,
Emini SP,
ETF,
Europe,
Fibonacci Ratio,
FX,
Market,
Soybeans
Sunday, June 26, 2011
Heard On The Street
Announcements:
1. I will be vacationing from June 28 - July 12 and the last blog post will be on Monday June 27, 2011. Regular post will resume on July 13.
2. During my analysis of Oil I failed to mention that the charts used that pertaining to my comments were "forward contracts " of CL3-057 because of limited date on the QM mini Gold forwards.
As I reviewed the markets on Saturday morning I realized that many are on the brink of big moves. Volatility has picked up and as traders we welcome it. In this weeks video edition of Heard On The Street my hope is to identify the key areas where significant opportunities may exist. As always, these are my opinion and not a trade recommendation. You should read my complete Risk Disclaimer and Disclosure Statement contained on the left hand side of the blog.
The markets that I'm covering are: Emini SP futures, Corn, Wheat, Soybeans, Gold, CRB Index, Gold, Oil and the EUR-USD.
Best of Trading
1. I will be vacationing from June 28 - July 12 and the last blog post will be on Monday June 27, 2011. Regular post will resume on July 13.
2. During my analysis of Oil I failed to mention that the charts used that pertaining to my comments were "forward contracts " of CL3-057 because of limited date on the QM mini Gold forwards.
As I reviewed the markets on Saturday morning I realized that many are on the brink of big moves. Volatility has picked up and as traders we welcome it. In this weeks video edition of Heard On The Street my hope is to identify the key areas where significant opportunities may exist. As always, these are my opinion and not a trade recommendation. You should read my complete Risk Disclaimer and Disclosure Statement contained on the left hand side of the blog.
The markets that I'm covering are: Emini SP futures, Corn, Wheat, Soybeans, Gold, CRB Index, Gold, Oil and the EUR-USD.
Best of Trading
Subscribe to:
Posts (Atom)


