Nemo_Confidat

LONG KC (Coffee) here to 160 by Dec. (73 days)

Long
Nemo_Confidat Updated   
ICEUS:KC1!   Coffee C Futures
3 separate (Bearish Bat + Gartley) PRZs line up @160!
With the Real strengthening but also, option volatility rather expensive @ 41%...
... we have bought up the Dec. 2020, 140-160 CALL Spreads for $1095 a pop.
We are expecting Coffee to finish the year >160.00, for a 1:7.3 R/R on this trade - i.e. $7500 / contract.
Good luck out there!
Comment:
Trade active:
Massive LONG
Target: 160.00
Comment:
BUY everything in sight - (March) options, etc!!
Comment:
Buy it up!!
Trade closed: target reached:
FLAT; +14.00
Trade active:
SHORT
This one is topped out. Headed for under a buck - <100.00.
Comment:
Yesterday's price action cleared this picture significantly
Now, this is the most likely scenario hence, will be looking for SHORT Entries ~130.00.
Order cancelled:

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