Gold, Coffee, Sugar

Commodity and Futures - Physical commodity and financial futures markets. 

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Subject Author Date Gold, Coffee, Sugar scott 04-06-2008
Posted by on April 6, 2008, 7:54 pm I like the short side on Sugar and Coffee, as they have traded into triangle formations within downtrends. These are reliable continuation patterns. No, not 100% accurate, but normally about 50% profitable, with at least a 2:1 reward:risk ratio. Coffee is also offering a short term swing trade similar to what Sugar did on Friday. This could help anticipate a breakout to the downside. Gold is offering another, short term, low risk swing trading opportunity, which could lead to a test of its recent lows. Scott@kungfutrader.com Similar Threads Posted Excellent Leading Indicator For Gold And Gold Stocks January 5, 2008, 5:12 pm Sugar September 29, 2006, 4:48 am Sugar August 30, 2006, 1:25 pm Sugar September 7, 2006, 9:03 am Sugar September 2, 2006, 7:24 am Sugar September 15, 2006, 7:56 am Sugar Forecast September 27, 2006, 5:31 am Sugar / Momentum September 26, 2006, 6:10 am Sugar Trade September 3, 2006, 6:37 am Crude Oil and Sugar September 11, 2006, 11:33 am