Gimmee some coke~!~
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Started by hayman - Aug. 13, 2018, 8:58 a.m.

Certainly, cocoa being up over 1% in value within the first 15 minutes of trading amidst a sea of red ink in all other commodities, this cannot be a bad thing!  It is distinguishing itself wonderfully, so far...  Being that the hub of cocoa trading is London and priced in British Pounds, any recovery for that beleaguered currency would bode well for cocoa.  And today the 'cable' is holding up well, maybe it is a buy here?! Like the cocoa!

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By metmike - Aug. 13, 2018, 12:30 p.m.
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Thanks hayman!

By hayman - Aug. 14, 2018, 2:57 a.m.
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The British Pound is rallying in the overnight beautifully.  With that, I have every confidence that cocoa will be bolstered by this positive development.  An abundance of indications all coming into the so called confluence have riled me to accumulate cocoa in earnest.  And with the intention of pyramiding.  Here is something I picked up of the Coffee Traders Forum yesterday.