Wednesday, April 27, 2011

Cocoa Futs

Ok so seeing how most other commodities are already in the sort of trend that is inflation (Lean Hogs) or deflation (random sized lumber) you are left with the middle group, which are stuck in a channel.

Luckily I checked out Cocoa Futs. Check the pic:






Ichimoku is about to cross daily chart, with chickou span also agreeing. I put an order for 10 contracts in (demo obv.) and we shall see how it turns out!

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