[Week 21 - 2022] Trades Recap and Trade Setups

Updated: Sep 20

Hey Traders,

Despite the weaker Dollar throughout the weak, stock indices continue its fall for seven weeks straight. The S&P500 has fell more than 20% and its at the bear market territory. The economist had a magazine release indicating the rising price of agricultural commodities. Could this be a contrarian sign, indicating a potential fall in commodities? Supported by the cycle analysis of instruments, we have began the fall of stock indices and commodities could be the next in line.

Upcoming Economic Release:

(Credit: Time: +8 GMT)

Dollar Index (DXY)

The Dollar was unable to maintain its strength throughout the week and fell back towards support level at 102.84. We may potentially see a further fall in the Dollar if the support does not hold.

Spot Gold (XAU/USD)

Gold retraced some of the decline from last week due to the weakening of the Dollar. A break of the 1850 resistance area could potentially show push price towards the 1900 area.

Trade Recap

Sugar #11 May (Analysis 17-3)

Recap (Week 18 - 3 Weeks Ago) Take Profit - 1

Recap (Week 20 - Last Week) Take Profit - 2

Long position reached Take Profit - 2 level where we announced to close / partial.

Corn - Futures July (Analysis 19-2)

Recap (Week 20 - Last Week) Take Profit - 1

Long position reached Take Profit - 1 level where we announced to close / partial / risk free.

Trade Analysis / Setups

Copper - Jul Contract (Analysis 21-1)

Long opportunity: Buy at market reopen as High Risk Trade, towards 4.410 as Take Profit - 1 level.

Soybean Oil - Jul Contract (Analysis 21-2)

Long opportunity: Buy at market reopen as High Risk Trade towards 83.17 as Take Profit - 1 level.


Cheers to all our member who managed to pack some profits this trading week.

Join our telegram channel at:



Stay safe out there and safe trading!

34 views0 comments

Recent Posts

See All

Hey Traders, Risk on flow as German PMI showed better than expected number, indicating reduced possibility of economic contraction. In addition, the FEDs minutes indicated slowing the pace of rate hik

Hey Traders, Assets classes last week was trading primarily in consolidation as the market takes a breather from the strong momentum the prior week. Both equities indices and Gold experienced some lig

Hey Traders, This week has been a volatile week with risk on assets experiencing spectacular gains due to a better than expected CPI report. In addition the FTX saga has been unfolding with the founde