COFFEE C FUTURES Trade Ideas — ICEUS:KC1! — TradingView (2024)

The main technical graph is for Cotton # 2 Futures that firmly up this year, with solid 13.5 percent performance in 2024 to this time.The weekly Commitment of Traders report showed managed money cotton traders dropped 6k existing shorts and added 11.6k new longs during the week that ended 2/6. That raised their net long to 46,344 contracts. Commercial cotton...

Commodities are a completely different kind of trading. They can get extremely violent and blow out people faster than you can blink!In this chart, we can see an erection move (accelerating as it rises) which is always followed by a correction. The question then becomes where and when the correction occurs.A topping M pattern is one such signal that gives us a...

Cocoa prices are experiencing unprecedented levels amid supply shortages and weather challenges. Investors should monitor market developments closely, with a bullish outlook towards higher price targets. However, the potential for prices to reverse exists if weather conditions improve, highlighting the importance of staying informed and adaptable in this dynamic...

Buy march coffee 192.10 limit, if filled stop at 184.80, target Based on technical analysis, looking for a long side.

Cocoa was the best performing commodity in 2023, recording a price increase of 64%1. Cocoa prices have continued to rally in 2024 crossing the threshold of US$5000 Metric Ton (MT) on 2 February 2024. The last time cocoa prices rose to this magnitude was in 1977 when it reached US$5379MT. A similar situation prevailed back then, adverse weather conditions led to...

Returning to the current price action, I see an upward movement from the low of 20.01 to the current high of 24.59, unfolding in Three waves. The price action doesn't seem quite favorable; what I mean is that there appears to be one of the Fibonacci Multiple Relationships that is not clearly defined, and it doesn't follow the common Multiple ratios. However, in...

Analyst: Shane Hua (CEWA - Master Candidate),Hi traders, today's forecast is on commodities. Well, commodities tend to experience rapid fluctuations, some of which bear similarities to Gold.Previously, I forecasted that Sugar would decrease to a lower level, and it turned out to be accurate. If I remember correctly, my initial target was 22.98.Now, I believe...

Entry Level: $190Stop Loss: $186Target: $195-$199.00Analysis:The current entry level for initiating a short-term long position in US Coffee stands at $190. A prudent risk management strategy suggests setting a stop loss at $186 to mitigate potential losses in case of adverse price movements.The target range for this long position is set between $195 and...

Potential bearish scenario for the next days, lets see if we reach the swing low

Currently KC is in an upward trend, but if the red average indicated by the blue arrow is broken and we enter the green zone, we will open a sell trade.

1.24.24 Had a request to talk about coffee.... and I use this as an example about how Useful it can be to look at the market when it's trading in boxes... and using extensions and ABCD patterns. Fibonacci extensions show you reversal points. ABCD patterns show you reversal points but can also show you targets. Coffee is a good example of this.

- The market has been trading under a bearish trend line since the beginning of 2022. However, since October of the same year, prices have slowed their decline, trading within a 62$ wide range. The trend is therefore neutral in the long term.- Prices continue to dance within their range, having registered 2 impacts on each of the two bounds. Both moving averages...

London Mar 24 Cocoa violated its parabolic advance (linear scale) in recent weeks and was unable to trend higher. Today's decline appears to be a possible failure top roll-over similar to the chart in NY Sugar that led to a precipitous decline in Sugar during December.Could the same type of decline occur in Cocoa? Who knows. Factor Prop Account shorted London...

In my YT Video Analysis I talked about, how OJ is at the Apex and has a high chance to fall down to the Center-Line.On the daily chart (see the zoomed Screenshot), you see how price is struggling to get above the U-MLH.Great signs of weakness.But beware, OJ is super illiquid. This means that this market can get pushed in any direction, in any...

Possibly 280.00 On This One. Interesting Psychological Study To See The Correlation Between Caffeine Reliance During The Oncoming Economic Conditions. We Know Caffeine Is A Drug And Easily Addicting Substance. I’m Curious How Much Of Americans Rely On Caffeine And The Increase In Demand.I can go very in depth on this one but I’m not obligated to

Weekly Analysis : White Sugar - Read in Sequence Point 1, 2 & 3. Long term bullish trend is still intact as market is making new highs and new lows on weekly chart. However, the current rally above 670 resistance zone in late August 2023 seems to be losing steam as there is severe distribution happening at 750 level and price will retest the crucial horizontal...

Sugar looks good for a swing long, it bounced from a 5 year R1 level and untested demand zone. I expect a retracement to R2 ( middle of range)

Long or short bakeout. What do you suppose. Fundamentals are mixed. Ivory coast stopped selling cocoa at the same time new crop is developing well. For me it is time funds to take profit and bring the price down for a correction.