This week in the futures world, we had Coffee 7 time email alerts. So took a look at the 7x email alerts. Typically a 7 time email alert is high probability for a trend to begin. But it can also be a high probability to reverse. You can do the same for a 6 time email alert. Lets take a look at this at past week high probability email alerts.
This one you would have needed to Keep an eye on it. As soon as The alert came out the breakout took off. smaller email alerts would have shown up to give you clues to look at coffee. The next major support is the Monthly pivot low so there is a lot of room to run. Lets take A look at the chart.
If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com
EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and Options Trading has large potential rewards, but also has large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose.
