7.22.22 Coffee I have to be honest, I almost decided to not post this video because I think the Market's probably going to go a little bit lower from where it is on the chart, but I told you I might take profits because I didn't want a drawdown if I'd been in the market. The problem with my decision making was that I didn't want to give money back. If you always...
7. 19. 22 coffee: This is a follow-up. The move off the bottom was about $4,000, I actually work it out after the video. The rest of the video is about the problems with this market as I perceive it. Obviously, the market may make new highs, but I'm concerned that it's running in the sellers it said it might not be easy for this market to make new highs right now....
6.5.22 Coffee. I just noticed that I did not pick the spot contract...but it doesn't matter.
4.23.22 COFFEE> a request. HOW TO HANDLE A TRADE....................................................
Taking a page from Lumber futures back in May, coffee is the latest commodity to party like it's tech circa '99. I don't trade the "softs," but I did find a coffee ETN symbol: JO and may look to fade the caffeine rush when the extreme sell condition cools off. Hot coffee! DOn't get burned. :)
COFFEE has reached a confluence of strong support lines, so I am looking for a long opportunity. Now, we can see that there has been a breakout of the downwards channel resistance upwards This breakout was also a breakout of the neckline of the reverse head and shoulders pattern. Now, we are waiting for the 4h candle to close ABOVE the neckline and we are going...
8.13.20 I reviewed a few markets including copper, Tesla, coffee, and if you equity markets that I am no longer going to follow as I am cleaning up my watchlist. The discussion is mostly about trading dynamics and how to manage losing trades when it's likely they will give you a second chance to exit a trade.
8.10.20 Using market dynamics to find a tradable opportunity in a difficult market.
COFFE FUTURES : Long trend is UP, but no entry for next week because there will be sideways
Coffe Futures will do sideways for 1-2 days, and then Bullish again
I've been stalking coffee in the background from many weeks. It's looking pretty ripe about now for taking a controlled loss (aka stop-loss). When coffee moves, it really moves. This is a longer time frame trade, which I do not usually get involved in - but it's probably time for me to get involved in one or two of these.