Here Is My Coffee Trade

11 Feb in Blog, Cocoa futures, coffee futures trading, commodity consultation, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery, sugar futures

     Coffee Futures--- Coffee futures in the March contract are currently up 75 points at 160.15 as I’m recommending a short position if prices close below 159.00 and if that does occur place your stop above the 10 day high which currently stands at 171.00 risking around 1200 points or $4,500 per contract plus slippage and commission as coffee is a very large contract controlling 37,500 pounds.

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