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TFC Commodity Trading Forum

March Coffee *PIC*

Thanks for the update Wayne, I didn't want to break up your succession of charts. You mentioned that she was churning and no idea where she will go...I got to thinking about that after reading that...I guess we never really know where she will go...That makes trading really tough because we are not suppose to anticipate the market but to let it tell us where she is going...your down trend line on the weekly really caught my eye.

So here I have the daily with flow lines...created from previous pivots...This move back above this first trend line is bullish...I look for lines to be tested and that is where I try to enter...if a line is penetrated that is a sign that we move to the next line.

I should start trading this market...I could use it to hedge against my drinking habit.

Spike

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March Coffee *PIC*
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Re: March Coffee *PIC*
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