Taking the other third off ... divergence developing ...
leaving 1/3 on the table with a stop @ 19.15 in case this run
away ... Looking to re-enter this with a full position again
on a pullback
Edit: Reason I take some off earlier like this, is this one is
very gappy, so on ETF (or stock like this), I usually shot first
and ask questions later ....
Posted by varmercur on 17th of May 2016 at 02:42 pm
I'm looking at the dailies in the coffee futures - and they look
pretty good to me. I don't see why you would wanna sell now if you
use the dailies as a time perspective.
MA's are aligned beneath, possible IHS where the right
shoulder has a W formation.
Posted by varmercur on 17th of May 2016 at 02:57 pm
Yes - agri's appear to potentially be close to a break out.
Could you or Steve take a look at futures of Wheat, Corn, Cattle,
the Soy complex, etc and give us your views?
we will point out things on those when we see them as we cover
that stuff almost every night, but remember we also give you guys a
lot of tools to use on your own to catch stuff. I hope some
of it sinks in after a while
Posted by varmercur on 17th of May 2016 at 03:17 pm
Yeah, I've learnt several things from you guys. I appreciate
what you're doing. But you sometimes make different assessments
than me, for good or worse. I enjoy the additional
perspective.
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JO (Coffee)
Posted by mla127 on 9th of May 2016 at 09:38 am
Peeling 1/3 here ... keeping the rest in case this pattern breaks out
JO (Coffee)
Posted by mla127 on 10th of May 2016 at 09:56 am
This is relentless .... the Weekly start to shape up good for a continuity move
JO (Coffee)
Posted by mla127 on 10th of May 2016 at 01:16 pm
Taking the other third off ... divergence developing ... leaving 1/3 on the table with a stop @ 19.15 in case this run away ... Looking to re-enter this with a full position again on a pullback
Edit: Reason I take some off earlier like this, is this one is very gappy, so on ETF (or stock like this), I usually shot first and ask questions later ....
JO (Coffee)
Posted by mla127 on 17th of May 2016 at 02:10 pm
Ok ... out the last third of my position ... Looking for a decent pull back to get back in... but weekly still looks rip for a major move of that base
nice trade management on JO
Posted by matt on 17th of May 2016 at 02:11 pm
nice trade management on JO mia, I sold the sucker too early
I'm looking at the dailies
Posted by varmercur on 17th of May 2016 at 02:42 pm
I'm looking at the dailies in the coffee futures - and they look pretty good to me. I don't see why you would wanna sell now if you use the dailies as a time perspective.
MA's are aligned beneath, possible IHS where the right shoulder has a W formation.
yes longer term I really
Posted by matt on 17th of May 2016 at 02:55 pm
yes longer term I really like the JO chart, on the weekly. I also like the DBA weekly
Yes - agri's appear to
Posted by varmercur on 17th of May 2016 at 02:57 pm
Yes - agri's appear to potentially be close to a break out. Could you or Steve take a look at futures of Wheat, Corn, Cattle, the Soy complex, etc and give us your views?
Nice trade. Sold sooner. Well done. Like Steve says, "You don't have to be all or none!"
Posted by zitron on 10th of May 2016 at 01:40 pm
Nice Jo trade, keep us posted on a reentry, thanks
Posted by oatdust on 17th of May 2016 at 03:03 pm
we will point out things
Posted by matt on 17th of May 2016 at 03:06 pm
we will point out things on those when we see them as we cover that stuff almost every night, but remember we also give you guys a lot of tools to use on your own to catch stuff. I hope some of it sinks in after a while
I SOOOOO Appreciated last weeends report you are the Best
Posted by law6 on 17th of May 2016 at 06:45 pm
Yeah, I've learnt several things
Posted by varmercur on 17th of May 2016 at 03:17 pm
Yeah, I've learnt several things from you guys. I appreciate what you're doing. But you sometimes make different assessments than me, for good or worse. I enjoy the additional perspective.