TurtleTrader3

TurtleTrader3 Updated 

Market Structure: - 6M has been in consolidation since late of March, and currently it is forming Ascending Triangle pattern in low and high Timeframe - Ascending Triangle with higher Lows and same Highs at 0.0421, which is bullish pattern - 6M has plunge 28.6% from the High, with now trading at record Low in history Strategy: - Enter Long at first pullback when...

TurtleTrader3 Updated 

Market Structure: - ZC looks like forming a Ascending Triangle pattern which is not perfect, also looks like Rounding Bottom - Higher Lows shows Bulls are willing to buy at higher price - The Ascending Triangle/Rounding Bottom are sign of Accumulation phase - R1 is strong Weekly Support level since 2015 Seasonality: - Corn tends to peak at the middle of year (May...

TurtleTrader3 Updated 

Market Structure: - The strong trendline is broken, showing the uptrend is over, but doesn't means trend will reverse. - In 4Hr timeframe, we can see after the trendline is broken, price retest R1 again but failed to move higher/breakout. - It looks like moving in range between R1 and S1 in 4Hr TimeFrame, with Lower Highs (No lower Lows) forming a trendline...