Here is my March Coffee futures trade signal alert for Jan 30th only. Buy stop entry signal above 125.85 and first stop loss below 123.65. Targets at 130.000 and 133.00 If filled on a signal then each day I will move my protective stops to limit losses until I exit the position. I do not update my stop losses on this free service.
“Coffee futures settled higher supported by a weaker US dollar. The March arabica contract settled up 1.50 cent, or 1.2%, at 125.15 cents per lb, finishing the week up 3.2%, its strongest week since late December. The trading range in the most recent session narrowed to 123.50-125.35 cents…” https://www.agra-net.com/agra/international-coffee-report/daily-market-report/dollar-weakness-boosts-coffee-prices–1.htm
This commentary and chart is provided for informational and educational purposes only and is not a recommendation to buy or sell any gold contract. Here’s the chart which is provided by Barchart.com
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