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US Cocoa Futures - Jul 24 (CCN4)

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8,781.50
+136.50(+1.58%)
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US Cocoa Futures Discussions

bunch of fortune tellers ovr here as usual ;-)
Thanks Guys - Lets hope that's correct- That will work out perfect
Will go to 9.150 today ... maybe backtest to 8.150 before ... after reaching the high... back to 9.000 end of the day ...
Nah, definilty go over 9150
What's the feel regarding cocoa today guys
It'll test the resistance at 9k for sure.
9k then down to 7900
break through 9k immediately, keep running until ath, no stop, no red day once.
be careful there is a gap around 10500 the gap has to filled then we go down again
Today bog profit, tomorrow maybe 9k or 7200
Kuba is back..9k tomorrow
Tomorrow we will see 9k
Hope so
any info why the raise? or just pure short squeeze?
just a ponzisqueeze, there was an article about stakeholders invest into cocoa plantages etc. ... this should push the price down, so prolly ppl speculated on it and went short .... market goes up 10% ... just a usual reaction on retail going short. Nothing special.
There was technical break from the channel, that's why the "run up", lot of shorts were placed there with tight stop losses.
It’s still the same facts, not enough material even if there is good crop. And I personally have serious doubts on that. I also don’t believe that the big guys a really so well covered as they always tell. In some countries you don’t even get a quote if you like to buy some material. Is that the behaviour if you really covered 🙈
Hey CHUCK, how are you short positions doing?! 🤣
Autsch....
Nice... 3 of 4 longterm sell positions triggered... 8,250 - 8500 - 8750... last one at 9k...
Im out after 9150-9200
My TP today is 9150
nice, i don't use a TP, i'll let this big boi run until someone dies.
Just be prepared that it might test upper side of trading channel around 8k today. I would book at least 50% profit from the run up if I were you.
Let's break 9k today!
+5% easy - I told you. And 9k easy as well.
how far it should go?
garbage, garbage, garbage...
5% mark broke, we going to 10%+ today, that's another +5% basically riskfree
the market HAS to run a certain amount to push ppl who stand against it out of the market, and as a run goes on more ppl come in against it, which means it runs for a looooong looooong time and you're pretty much safe during that period
You are a genius
Pretty accurate... still I rather always stand on short side not incurring all the fees for holding positions and just join runs like this one with hedge long.
$12,000 $16,000 $20,000 $30,000 $40,000 $126,000
Now +5% why not!
is it going up still?
hope so
Hit 8500 perfect
Congratulations :)
Thanks. Ill wait for 8800
thanks
8500 at least come on
+5% today? Maybe and why not?
Easy.
8500 maybe today
Great new High ... perfect trend ... :-)
you mean 7500?
yes mike, 7500
9k-9.5k this week!
The disgusting American premarket opened again that's why it rose 2% in 1 minute
WTO, IMG, World Bank... There are tons of books and articles providing evidence for these mainly by US controlled organizations being responsible for poverty in the so called Third World. And key words like 'colonialism' or 'neocolonialism' might give you a good start for further investigation in that quite complex topic...
(IMT, not IMG)
Jzuz... IMF...
I found the Von Dase's pinescript to be the best for cocoa. 82% success on 168 orders since february this year.
Go make fun of someone else!
Tiago, I hope you reach 9000 today (so do I )
not today Radek
...
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