I learned a handy tool used to manage risk under certain circumstances - the Three Day Trailing Stop Rule (3DTSR)
In this example, I actually fade the 3DTSR, but being able to execute different styles of trading strategies reflects an understanding of them, while acknowledging that no system or strategy used in markets will be perfect.
B ullish clues:
- General uptrend since October 2019
- Symmetrical triangle , and coffee price just perfectly rebound on the symmetrical triangle's support and the 50 EMA
- Bullish Harami on the support
- Hidden Bullish Divergence on the Relative Strength Index ( RSI )
- 50 Exponential Moving Average act as a support
Fundamental news: (from...
If prices makes a new 100 days high its time to set a trailing stop at the low of the lowest low of the prior two days.
This strategy is on all futures instruments except the stock market indicies better than simply waiting for the price to close below 18 moving average...
Hello my beauties.
The chart of coffee suggests a violent bullish breakout of a multi-year downward trendline. The price will probably continue its uptrend, but it is now signalling the beginning of a phase of re-accumulation; the price has reacted strongly with a sudden move to the downside that has stunned the price sideways. I will wait for further...
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Coffee prices on Thursday extended this week's rally. Coffee has moved higher this week despite concerns about coffee crops in Brazil. Weather has predicted above-average temperatures in the coming month for Brazil's coffee-growing regions, which could further stress Brazil's coffee plantations. Recent frost events in Brazil have damaged coffee trees. Surveys...
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Hi, let's see what will happen next 9 months - i'm curious, could be a hard time for longer term inverstors again!
# La nina is coming back?
# the climatic change
# money printing
# undervalued commodity?
# best coffee crop ever 2020/21 is sold out now
# inventories declining?
# consumption in the coming months
# frost and...