Long CottonCotton long signal. As with the USDCAD trade published earlier wait for confirmation by the slow MALongby csmottola71Updated 0
The fluffy white won't be falling anytime soon...hint bullish ;)Hey guys, I'll get stright to the point! Cotton looks really bullish to me :D The better part of this year we have seen some bullishrallies, but nothing that has really taken us out of the 77-83 range. While other commodities have shown strenght or declined Cotton has done...not much. When I see that I start to think we are getting ready for a bigger move! Right now I'm watching for a big move through the first obejective at 87. That would give us a breakout above the yearly high and when that happens I think we could see 90, 94 in the cards for a solid bullish year. While that might be a some time off, we can still watch to see how strong the current bullish trend is. And think about getting positioned if the move does come ;) Right now I dont have a trade, but my wheels might start turning if we return below 84, even briefly ;) What's your opinion? Wre you as bullish as I am? And if you're not, thats cool, just share your ideas and let's learn together! Peace, love, and sweet bamboo, tbp Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.Longby TheBadPandaUpdated 0
Cotton setting up?Whats up tradingview commnity? Last time we talked about cotton I mentioned that I would be looking for a buy if we got below 84. And well we did...was kinda scary wasn't it? Shot down there like it was gonna reverse or something (still could ;) But like I mentioned in the previous post on cotton, in an environment where it should be going lower, its holding onto its rage. So I'm positioning for a long higher. While its still to early to see if it will be a big sustained break out, I do think we will pop up into 87 from where we are now. If we keep going, awesome hold it and ride it while its hot! if not, it's still a nice little trade. So once again, the 84 figure is where I'm looking for an reaction. Lets see how it goes! What's your opinion? Are you as bullish also? And if you're not, that's cool, just share your ideas and let's learn together! Peace, love, and sweet bamboo, tbp Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.Longby TheBadPanda2
Cotton find long term resistance out of wedge reversalCotton has been fairly range bound after its fall from grace in 2011. If the wedge continues through the long term downward resistance, I see difficulties breaking above 0.9445 with the possibility to short into 0.5707 Watch levels around 0.8601 to confirm downward movement.Shortby OKinvesting1
Cotton Still in Consolidation Mode 87 big levelWe are not very excited about Cotton so far . Unless it manages to break the 87 level , we still think it will be in a consolidation mode till mid/late January of 2019. The cycles are positively configured , and there is a positive momentum with higher highs and lows but nothing to write home about. We will be watching this market closely for any breaks of the 87 level even though on near term is shows its hitting some resistance and it may correct the next few weeks before starting a new rally phase.by Kontoeidis19890
Global stock forecast cut bullish for cotton pricesUS Department of Agriculture revised its world cotton opening stocks downwards by 900,000 bales for April, according to the WASDE report. At the same time the USDA downgraded its forecast for world ending stocks for 2017-18 by 600,000 bales. Lower world inventories are bullish for cotton prices. On the daily timeframe the Cotton: D1 has been retracing following the decline after hitting four-year high in the beginning of March. The Donchian channel indicates no trend yet: it is flat. The MACD indicator is above the signal line and the gap is widening, this is a bullish signal. We expect the bullish momentum will continue after the price closes above the upper bound of the Donchian channel at 0.8393. A price point above that level can be used as an entry point for a pending order to buy. The stop loss can be placed below the fractal low at 0.7852 After placing the pending order the stop loss is to be moved to the next fractal low. Thus, we are changing the profit/loss ratio to the breakeven point. If the price meets the stop loss level (0.7852) without reaching the order (0.8393), we recommend cancelling the order: the market sustains internal changes which were not taken into account. Technical Analysis Summary Position Buy Buy stop Above 0.8393 Stop loss Below 0.7852Longby Vigilant2
Cotton ScalpPrice momentum divergence on the intraday chart, suggesting a correction to Cotton. Target is supporting trendline. Stop is 1 tick above the recent high. Risk Reward is 1.8 :) Shortby salsapeteUpdated 1
COTTON BUYCotton has been bouncing off support since July and I have been waiting for a breakout to buy.Longby LAfxtrader3
COTTON is in accumulation phaseCOTTON is in accumulation phase in the short term it should break the congestion area (68-69.5) and climb to test the pullback line in the area (70.5-71) You can enter long if close an hourly candle over 69.328 cents bringing over only in the case that in the day exceeds 69.78 cents otherwise close and try again the next day XiNiaN 4 - Trading System - V. 2.9.1 - Medium/Long Term Period - (Time Frame: 1 H) COTTON CTZ17 - Dec '17 68.450 FLAT since 12/09/17 to 70.321 LONG Above 69.328 Stop LONG se close daily <69.78 SHORT Under 67.504 Stop SHORT if close daily> 67.05 by XiNiaN7
Cotton - Cushioned Fall Cotton has been falling for the past few months. Signs of consolidation and lost of steam has begun. Before we go into the charts, a brief summary of what we see empirically - Prices tend to bottom out around August. Immediate low presents a strong support due to historical hits and fib hits. RSI and MACD has indicated buy signals. Confirmation upon; 1. Positive engulfing, breaking up from the consolidation (0.695). Trade details SL: yellow region below current price indicates strong resistance; Partial profit: short term at boarder of green rectangle. Fib retracement levels coinciding with previous lows Duration: 3 months at least Best Trades^^ Longby clingwrappingsheetsUpdated 2
Cotton Short SetupThis is a very ideal setup that i always take. We see a pullback then a reaction from one of the range level closings below the 10EMA, it simply is telling us the sellers are going to push this back down again! good luck!Shortby RealProfits8
COTTON, entry long started COTTON - ADX / ADM - TS V. 2.8.4 - Intraday levels for 08/08/17 ADM - Average Daily Movement - Intraday Levels Close to close candle ... if exceeded the indicated level on the contract CTZ17 Contract - Dec '17 LONG if> 70,796 TP1 = 71,294 TP2 = 71,847 TP3 = 72,953 SL = 70,304 SHORT if <70,304 TP1 = 69,806 TP2 = 69,253 TP3 = 68,147 SL = 70,796 Longby XiNiaN3
COTTON, entry long startedCOTTON, entry long started COTTON - ADX / ADM - TS V. 2.8.4 - Intraday levels for 08/08/17 ADM - Average Daily Movement - Intraday Levels Close to close candle ... if exceeded the indicated level on the contract CTZ17 Contract - Dec '17 LONG if> 70,796 TP1 = 71,294 TP2 = 71,847 TP3 = 72,953 SL = 70,304 SHORT if <70,304 TP1 = 69,806 TP2 = 69,253 TP3 = 68,147 SL = 70,796 Longby XiNiaN4
Cotton Summer BUY ! 1.2 RRLooks like it has reached its bottom and reversal has just started. lets aim for Fibo retracement as target number 1Longby ProfitoUpdated 3
Short opportunity for Cotton on Weekly Chart.It looks like cotton is going to take yet another dive. Not sure how far this can go though before hitting negative territory.Shortby JasonFillingham2
Looking to get long with cottonlet's see what happens next, the recent sold off seems quite overreacted imo from a technical perspective.by LaserTheEnd5
COTTON Weekly Chart Low risk LONG Good support in the 77's on multiple time frames just tested middle bollie on the WeeklyLongby FillingmybootsUpdated 4
COTTON (COTUSD)After a thorough analysis, numerous bat patterns were discovered in the historic data of cotton. It is anticipated that a bearish bat pattern is about to complete, currently in the CD leg. The entry point is expected to occur at 0.7740. Stop loss is 0.7793, 113% extension of XA. Profit targets will be at 0.7581 and 0.7484 which are the 38.2% and 61.8% retracements of AD.Shortby STIADAYSOFPASTUpdated 5