Traders and investors use different sets of tools when approaching markets. Some are fundamentalists, pouring through balance sheets, supply and demand data, and other macro and microeconomic information to predict the future prices of assets. Others have a strictly technical approach to markets, following trends and the path of least resistance of prices. Still,...
rice, (Oryza sativa), edible starchy cereal grain and the grass plant (family Poaceae) by which it is produced. Roughly one-half of the world population, ...
Welcome Hyperspace Travelers,
This is a 1-week time-series model of CT1! Cotton No 2. Futures Contracts.
The purpose of this model is to potentially pick up early warning signs of hyperinflation.
I think I found a juicy early warning sign.
I may of course be incorrect.
If we look at data starting in 1973 we can see a well defined coordinated harmonics...
Cotton Futures open in China limit up after holidays. PTA (Purified Terephthalic Acid ) futures still in corrective phase and one to watch as Cotton replacement may kick in.
PTA may lag but should mean revert
Yesterday I posted an idea about cotton(short lower 92) and it goes down 3,5% .Reason for short have 3 main things :
1.Key level 92$ from D1 timeframe.
2.Instrument closed close to our level.
3.Clean area below our level.
With risk 20 cents it gave us 3 dollars profit.
Personally, I did not go into this tool becouse my login model was not there.
The main task is...
Global trend long, local trend short.We have key level 92$.Price cinfirm this level few times so we know-there are some bulls and lower this level they have stop losses.When price will broke this level I expect thet bulls will close their long possision and bears will open short possision so we should get some impuls down.With entrens be attention with next things...
Now that we have two daily bars above the 18 MA and the fundamentals are bullish I took an entry on Cotton.
Target 1: Prior swing high
Target 2: 1.61 extension
Target 3: 2.00 extension
Stop at 84.50$
I have learnt about this concept in my sales days and I find it very useful in many parts of our lives as well.
In Sales, there are 2 main ways to do it (imo):
Value - Sell the high value ($) items . Eg. Product A is $10, Product B is $20 and Product C is $50
Selling 1 unit of Product C is equivalent to selling 5 units of Product A
Question is - Selling...
On our main Futures trade, Cotton has indeed gone in our direction by a massive 12%.
We told you guys, some might consider it a 'boring' trade, more excitement in trading cryptos and indices or forex but as we stated before 'Cotton is Soft and Predictable', an asset worth your attention.
Cotton stands for seasonality and this makes trading CT1 a rather...
Very obvious uptrend, I have never traded Cotton before but I decided to give it a shot.
There is no target so I'll trail my stop until I get stopped out, let's see what happens!
Hi guys,
today I want to introduce you all to an asset worth your attention.
Cotton stands for seasonality and this makes trading CT1 a rather predictable exercise.
Take a look at the chart and tell me if you like it.
Also look at my previous idea and how well it worked! Be inspired, don't look only for adventures but also for ''easier' trades.
