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US Cocoa Futures - Jul 24 (CCN4)

Real-time capital.com
Symbol
Exchange
Currency
CCDerivedUSD
CCc1ICEUSD
CCc2ICEUSD
CCc3ICEUSD
CCc4ICEUSD
CCc5ICEUSD
Currency in USD
Disclaimer
6,906.50
-441.50(-6.01%)
Real-time Data

US Cocoa Futures Discussions

I Hope we see the Botton in the next time and come back to 8.500 - 9.000. In this range I see a possibility for fair trade... and the possibility to renew the farms ...
Soon
I don't understand this steep price decline... fundamentally nothing has changed - increasing demand - decreasing supply... OK the peaks were exaggerated and need to be corrected... but so much downward pressure is incomprehensible... it was once foreseeable that the cocoa farmers are paid more fairly and then something like that... irresponsible... Now the theft and the black market are getting the upper hand again... it's not going well for the farmers...
The price was raised by fundamentals, but speculators jumped on board. Now the speculators have moved on and price now looking to stabilise around 7000
Maybe suicide but LP6960 for 7283, tight SL at 6900
SL hit
Thanks..Saai said 9500 in 8 days
People say a lot of things. Never listen to anybody here, trust your own charts and if nobody provides detailed reasoning behind their charts or ideas, (you still dont act upon it though) dont mind the target they provide
I feel sorry for Africa :(
Phew,, I'm relieved my shorts are safe now that the trailing stop has dipped low enough. It may sound a bit greedy, but I'm anticipating a drop to around 6200 in the short term.
5300, then 15k.
nah bro, it's going like natgas, back to its normal levels at like 2k in the long run, that was it for cocoa
🤡
Markets like to misbehave to paraphrase Mandelbrot.
There we go, 6900 reached.. Lets see how deep this will go now or if its a fake out
not a trap, it's going down, they trapped a lot of ppl in that consolidation
I still see a possability for 7283 before further downfall
telegram?
pls guys, to all shorts, keep holding until this is at 2.5k now, don't get out because of some stupid rally now, this will drop another 5k, I wanna see market makers suffer so hard from this
exact same pattern we see here occured in natgas like 1-2 years ago .... drastic drop into correction, which we had right here, just like in natgas there was a 5wave up missing to complete the ongoing correction, it never came tho, it just dropped, kept dropping for like 60-70% without any stop, charts often act the exact same when it comes to this, so just hold you shorts until it's at 2.5k now, just a free tip from me
Tiago how much k are you down ?
why? Who cares about how much i lose?
because you talk about 8500
and i still talk about 8500 and 9500
Long now 7500 and next 6600
Tiago with CC... it can go down 3% and next 15 min ruse +7%
Yes, but that's not going to happen, obviously!
Saai what about last day below 7500…
6655 next
Too late to short, too early to buy
critical level
starting at 6671
*go back to the basement mate* is not a risk management process.
Bulls, buy @6990 and you might be rewarded...
Looks like no buyers at 7000. Very weak behaviour.
No sellers either. If 7000 holds, some bounce is imminent. Otherwise, if it breaks 6900,6800 I suppose next big sell off is coming.
right now we are in no man's land
I will exit half of the short positions i have when we reach 6500 and short again after a bounce
today 10% down ?
pan jan, go back to the basement mate
Tiago you may get your wish fulfilled possible bounce to 50 ema about 8000$, after fall to 6500. Wait for engulfing bullish candle.
6500 is to much down chuck
it is the only indication we have of previous support, if you look back in time
*where are you mate* is not a risk management process.
:D
Saai where are you mate?
...
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