US Cocoa (CCZ6)

Currency in USD
5,354.00
-235.00(-4.20%)
Closed·

US Cocoa Futures Discussions

pro badge
I said it
What now? Continue down to 4800?
cacao 7350,U$
cacao 5500
Advertisement
good news
el ninoooooo!!! 🫶🏾
what a pop
Xavier? 🤣
gal bro
Advertisement
I had 660 forecast for Ghana! (compared to market forecasting 500-550), with 720 we are having record crop. We can only imagine how good will be crop next year. However some of these might be hoarded beans from earlier manipulated data. Dont any cocoa trader even dare to pretend I was not getting suffocated with these fake news forecasts for a year.
On top of that we have an exceptional good crop year at Ivory Coast as well because sometimes figures of both countries need to be interpreted in light of smuggling between them. But if both now have to admit an exceptional crop... I do not understand the reasoning to manipulate information on the short term while knowing you throw away your credibility.
🇬🇭 Ghana delivered 720 thousand tonnes of cocoa, compared to 640 year ago. Ghana repeated apocalyptical forecasts which turned out to be fake news. * to limit reputation hit from fake news, Ghana changed last year to be 11 months long, so that they can reduce export figures from 640 to 590, and this year then they announce 13 months long with 771. They changed 590 figure into 604 also. They turn themselves into a joke. In my data you will always have precise data and year is ... 12 months long, for god sake! * all these joke adjustments come from fake news, with which cocoa market was pushed up to price of 13k, after investigation I realised it is all fake news and i started shorting cocoa right at the top of the bubble.
update im -740 euro
slow and steady now, next week is very crucial and looking forward to it
Please explain
Advertisement
pro badge
I smell short.
pro badge
Desync on inv 10 mins
London 4128 GBP I think we are heading to 6000$
Cacao 6000
Advertisement
Xavier still not visable after his huge loss in 6500 long. Brother mustve changed name cus he was too ashmed lol noob.
two weeks and you still bully this guy, touch the grass or simply get a life bro
I am touching the grass daily, in the meantime im working and studying while going to the gym 5 times a week. How could you possibly tell me to ”get a life” 😭
The London and New York markets seem out of sync.
what do you mean ?
New York is running a percent down where they usually run within half a percentage of one another. They’re never exact but they just seem a bit out of their normal range.
I think today will be super rebound day I expect 5500 and above
What should we expect today?
Advertisement
Give me 5300 to make perfect circle 🤞
5400 not bad almost perfect .
7000
I hope it close 5600 and above
I think no
pro badge
5.5k short blockade so
took it from 5160 to 5470, now shorting back to bellow 5400-5300
Now down 🤞
Advertisement
I think this is liqudity
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.