ICEUS:CT1! Cotton!
Bless ya cotton socks, they say! I been checking the commodity index and things may get funky...
Now I went through sugar, that's looking like it's little over extended, now here's a beautiful chart of cotton!
Let's dive into technicals:
Pattern: Wedge
Highs: 90.15 Lows: 72
Now if we break the lows of 72, I expect 67.55 and then 62.25...
Looking at the H4 chart, my overall bias for CT1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.
Looking for a sell entry at 85.49, where the 23.6% Fibonacci line and overlap resistance is.
Stop loss will be at 88.88, where the recent high is. Take profit will be at 77.50, where the previous swing low is.
Please...
Looking at the H4 chart, my overall bias for CT1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 84.58, where the 23.6% Fibonacci line is. Stop loss will be at 87.97, where the 78.6% Fibonacci line is. Take profit will be at 79.78, where the 50% Fibonacci line and liquidity hotspots...
Title: Cotton Futures ( CT1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 87.97
Pivot: 82.36
Support: 80.37
Preferred case: Looking at the H4 chart, my overall bias for CL1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading...
Welcome Hyperspace Travelers,
This is a 1-week time-series model of CT1! Cotton No 2. Futures Contracts.
The purpose of this model is to potentially pick up early warning signs of hyperinflation.
I think I found a juicy early warning sign.
I may of course be incorrect.
If we look at data starting in 1973 we can see a well defined coordinated harmonics...
I have learnt about this concept in my sales days and I find it very useful in many parts of our lives as well.
In Sales, there are 2 main ways to do it (imo):
Value - Sell the high value ($) items . Eg. Product A is $10, Product B is $20 and Product C is $50
Selling 1 unit of Product C is equivalent to selling 5 units of Product A
Question is - Selling...
Yesterday I posted an idea about cotton(short lower 92) and it goes down 3,5% .Reason for short have 3 main things :
1.Key level 92$ from D1 timeframe.
2.Instrument closed close to our level.
3.Clean area below our level.
With risk 20 cents it gave us 3 dollars profit.
Personally, I did not go into this tool becouse my login model was not there.
The main task is...
On our main Futures trade, Cotton has indeed gone in our direction by a massive 12%.
We told you guys, some might consider it a 'boring' trade, more excitement in trading cryptos and indices or forex but as we stated before 'Cotton is Soft and Predictable', an asset worth your attention.
Cotton stands for seasonality and this makes trading CT1 a rather...
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TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed higher at $77.16 cents per pound. Cotton prices ended up sharply last week returning to pre-pandemic levels and 2019 highs.
ICE U.S. cotton stocks were down to...
Support us by consulting our free magazines with color stock charts and weather maps on our commodity-market-review.com website.
TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed higher at $74.08 cents per pound.
ICE U.S. cotton stocks were down to 86544 bales. Total cash transactions totaled 6,30082 bales this week compared to 5,31144...
Support us by consulting our free daily magazines with color stock charts and weather maps on our commodity-market-review.com website.
TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed lower at $71.57 cents per pound.
ICE U.S. cotton stocks were down to 101220 bales. Total cash transactions were 531144 bales this week compared to 479062...
Support us by consulting our free daily magazines with color stock charts and weather maps on our commodity-market-review.com website.
TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed higher at $73.27 cents per pound.
ICE U.S. cotton stocks were down to 115929 bales. Total cash transactions were 47,906,262 bales this week compared to...
Support us by consulting our free daily magazines with color stock charts and weather maps on our commodity-market-review.com website.
TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed sharply higher at $72.96 cents per pound.
Hope for a vaccine is fuelling the markets, and Pfizer and Moderna announced very encouraging results. Many...
Support us by consulting our free daily magazines with color stock charts and weather maps on our commodity-market-review.com website.
TECHNICAL ANALYSIS OF COTTON
Last week, ICE U.S. cotton futures closed lower at $68.4 cents per pound.
Hopes for a vaccine are fuelling the markets, Moderna announced very encouraging results on Monday. The pandemic continues...
