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    February 2017
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    WEAT (wheat) & JO (coffee) Updates

    I've had a couple inquires in the trading room for updates on the WEAT Active Trade as well as JO (Coffee ETF), which was mentioned as poised to break out of a bullish falling wedge pattern in the recent 2017 Agricultural Commodities Outlook post. (that wedge was shown on the chart of $COFFEE) WEAT has [...]

    2017 Agricultural Commodities Outlook

    It appears that various agricultural commodities are likely to outperform equities in the foreseeable future, at least during the first half of 2017 & quite likely well beyond. One of my favorite trade setups in the ag commodities sector right now is wheat, which can be traded using futures or the etf, WEAT. WEAT looks [...]

    Jan 2, 2017 9:02pm|Categories: Gold & Commodities|Tags: , , , , , , , |0 Comments

    JO, Coffee ETF Bullish Falling Wedge Breakout

    Member @jameske inquired about JO (Coffee ETF) in the trading room today. It appears that JO could run up to the 23.30 area following today's breakout above this 60-minute falling wedge pattern, with positive divergences confirming the bullish nature of the wedge. As the rally following today's breakout was quite impulsive, with JO [...]

    Aug 22, 2016 5:14pm|Categories: Gold & Commodities|Tags: , |1 Comment

    Long Trade Ideas Updated

    The following Long Trade Ideas have either exceeded their lowest suggested stop level or no longer look compelling from an R/R perspective. These trades will be moved to the Completed Trades category where all associated posts will be archived indefinitely for future reference. JO: Exceeded the lowest suggested stop of 20.00 on the Aug 24th [...]

    Sep 1, 2015 5:33pm|Categories: Completed Trades - Long|Tags: , , , , , , |Comments Off on Long Trade Ideas Updated

    JO (Coffee ETF) Long Entry

    Following the recent bullish falling wedge breakout, JO offers an objective long entry here on this pullback to gap support. The current price targets (T1-T3) shown on this daily chart may be revised based on the charts of spot coffee prices & coffee futures. Suggest stop for those only targeting T1 on a move below [...]

    Aug 20, 2015 10:58am|Categories: Completed Trades - Long, Gold & Commodities|Tags: , |Comments Off on JO (Coffee ETF) Long Entry

    Hey JO! Bullish Breakout in Coffee

    After a few false starts (false breakouts) recently, JO (Coffee ETF) has finally made a solid breakout & will likely see the 25.90 in the coming weeks. Any decent pullback might offer an objective long entry. The 23.94ish area may possibly act as resistance, especially if tests that level soon before any pullback to work [...]

    Aug 12, 2015 8:59am|Categories: Completed Trades - Long, Gold & Commodities|Tags: , |Comments Off on Hey JO! Bullish Breakout in Coffee

    JO (Coffee ETF) Trading Above Falling Wedge Pattern

    I was asked to post an update on the JO (Coffee ETF) Long Trade idea. Following the brief whipsaw/failed breakout, JO made one final? thrust down to put in another divergent low & is current trading above the pattern (bullish). Consider a stop on any move below 21.50 at this point, which will be the [...]

    Jun 4, 2015 10:56am|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: , |Comments Off on JO (Coffee ETF) Trading Above Falling Wedge Pattern
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