Cocoa Moves Higher

by Benzinga Staff
February 4, 2015 8:59 AM | 20 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Cocoa futures are trading higher Wednesday. March Cocoa is trading at 2763, up 74. May Cocoa is trading at 2764, up 59. Traders are expecting choppy trading.Some market talk about the mid-crop harvest, which begins in six weeks or so, may be delayed. Chatter that dry weather impacts on crops during January might shift the supply-demand a bit towards a deficit is surfacing.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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