cocoa future trade idea – cullen outlook – formation finder
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Good Morning—
December COCOA:
(CC-MZ18)
If you didn’t have working orders to get involved in this breakout, allow me to offer some assistance in pinpointing a price for entry…
BUYING at the 2230 (filled this morning)
Risk will be the 2180 level ($500.00)
Targets will be the 2350 ($1200) and onto the 2550 level ($3200)
Have a look at the chart below and get involved.
LET’S DO THIS!!!
Subscribe to How To Guide: 10 Rules for Technical Futures Trading
How To Guide: 10 Rules for Technical Futures Trading - This guide uses graphs, charts, and simple strategies to illustrate 10 rules for technical futures trading. Whether you are a novice or seasoned trader, this How To Guide is ideal for broker-assisted and self-directed traders looking to learn or improve their technical trading skills.
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This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
Trade recommendations and profit/loss calculations may not include commissions and fees. Please consult your broker for details based on your trading arrangement and commission setup.
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