Steve - on Coffee futures I am very nicely up on my trade from
yesterday. I already took off 30% when price hit the 20 day MA.
Where would you suggest a prudent stop to be ... just below the 20
DMA? I reckon I should in any case take off another 20% or so
before the close today.
Steve - on Coffee futures
JO Updated Views
Posted by isplat on 27th of Oct 2017 at 12:11 pm
Steve - on Coffee futures I am very nicely up on my trade from yesterday. I already took off 30% when price hit the 20 day MA. Where would you suggest a prudent stop to be ... just below the 20 DMA? I reckon I should in any case take off another 20% or so before the close today.
It would depend upon your
Posted by steve on 27th of Oct 2017 at 12:24 pm
It would depend upon your style so simply trade your plan...short term pullback after a shooting star candle formed on 15/60 minute charts
Thanks.
Posted by isplat on 27th of Oct 2017 at 12:25 pm
Thanks.