Coffee Prices Have Broken Out

29 Nov in Blog, coffee futures, commodity trading, cotton futures, futures trading, Mike Seery, orange juice futures, seeryfutures, sugar futures

Coffee Futures---Coffee futures in the March contract finished up 235 points to close at 132.90 a pound as I'm now recommending a bullish position from right around this level while placing the stop loss at the 10 day low at 124.80 as the risk is around $2,600 per contract plus slippage & commission as the chart structure will start to improve in 4 days therefore lowering the monetary risk, as this is a high risk trade as coffee is the largest cont

Full text available to Mike's Coffee Shop Members only.


Register Now to get access today!

Home  | Privacy Notice | Risk Disclosure | Contact Us

Trading Futures and Options on Futures transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.

© 2017. Seery Futures. All Rights Reserved.