Coffee Stopped Out After Long Run!

Coffee was stopped out with nice gains after a run of 39 days.

We have two new signals for tomorrow: buy Sugar and sell short Corn. Yes, that's short corn!

Here are the statistics:

LONG SUGAR:
Symbols: SBH11 and SGG.
Record: 63 wins out of 105 trades for 60%.
Initial Stop: about 3.7%.

SHORT CORN:
Symbols: CH11 and CORN.
Record: 25 wins out of 28 trades for 89%.
Initial Stop: about 5.5%.

Both of these signals carry relatively deep initial percentage stops. Therefore, we will not add them to our ETF portfolio. However, I will follow both in the futures markets. I am bullish on Sugar long-term, so I like the Sugar signal. I am also bullish on Corn, so I detest the short Corn signal. Also, of late the grain sector has been extremely strong. However, I will follow both signals. Hopefully, I'll be right on at least one.......we'll see.

PORTFOLIO SYMBOL ENTRY CLOSE STOP PROFIT DAYS
Long Euro ECH11 129.72 134.66 131.49 $6,175 10
Long Euro FXE 129.88 134.21 131.05 3.3% 10
Long Cocoa CCH11 2936 3178 2978 $2,420 10
Long Aussie ADH11 98.88 98.05 97.57 -$830 8
Long Aussie FXA 100.24 98.99 98.51 -1.2% 8
Long Lumber LBH11 307 304.5 284.7 -$275 7

CLOSED OUT SYMBOL ENTRY OUT PROFIT DAYS
Long Coffee KCH11 208.80 228.50 $7,388 39
Long Coffee JO 57.57 61.03 6.0% 39

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