Coffee Moves Up

by Benzinga Staff
July 13, 2015 9:34 AM | 24 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.

Coffee futures have moved up Monday morning. September Coffee is trading at 129.05, up 2.80. Trading is firm. Some chatter about sellers near 130.40 is making the rounds.Market talk about weather and Brazil's coffee production is making the rounds. The growing regions of Brazil's state of Minas Gerais are forecast to remain dry early this week and should aid harvest. Market chatter about impacts the El Nino weather event may on production in Vietnam and Indonesia is ongoing.

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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