MattArmstrong

COFFEE - Short Scalp.

Short
ICEEUR:RC1!   Robusta Coffee Futures
I have been discussing this for over a month, the long anyways....price is starting to hit resistance. I think it will break but should retrace before doing so.

This is my trade idea.

Tried some ghost price action...ominous.
Comment:
got the timing on that wrong...I did say I thought it would break, but barely retraced before doing so. Coffee is on Coffee, getting high on it's own supply tisk tisk.
Trade closed: stop reached:
I have re-entered this short, that impulse up cleaned out alot of shorts, and now another signal to me. I am short again. I may post it...

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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