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US Cocoa Futures - Jul 24 (CCN4)

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Currency in USD
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9,356.50
+99.50(+1.07%)
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US Cocoa Futures Discussions

Rustandi look, im crying
stop pumping it Tiago
Where are you Mike?? Im crying now! Have a nice weekend guys
JUST HOW?????
shut up and buy
That push from 9100 tot 9350 was more than 100million, even coffee doesn't correlate anymore
John reported
Those big pumps that you're seeing on the 1 min charts are literally millions manipulation
Lets go guys! Almost 9500
Not gonna happen
go home mate..you drive in circles
8500 Tiago
USA is awake, let's pump Cocoa
Why is there so much hostility to each other on this forum? Aren’t we here to make money?
Regardless on your stance on Cocoa you seem quite level headed compared to some of the other commenters I read. Keep up the positivity and happy weekend 🙌🏾
We are but USA is ruining the fun in trading by manipulating too much, everything falls, coffee, orange juice, all bearish Momentum for cocoa etc
Oh, wow, OJ down, that's suprising...
You'll cry today Tiago
Thanks
It will be green today
Coffee is in free fall at the moment, these two like to mimic each other momentum. We'll be intresting to see once US opens.
Bulls are running away!
Let's go to 8900
Bears are lurking in the background - seeing nervousness among bulls to push higher
Bears have no strength!
I might become a little more bearish below these two funny trendlines... https://invst.ly/151gin
forgot and didnt see! But today ill close ate 9400-9500
plot twist: Tiago was short all this time
i forgot! Didnt saw..but today ill close!
See, US premarket opened and it explodes.. what a hypocritical behavior
Hahaha lol
keep joking mike lol
lol
Green after US open
It's the comment of Aziz... :D
Will see my dear after 2 hours
Yes, let's wait and see.
Lets go guys! Friday is green! Give me 9500 today cocoa
So 2 weeks ago there was a bit of rain, cocoa fell 20%. Now it'll be raining, sunshine and low wind for 2 straight weeks. And it doesn't sink?
Exactly. How can someone even seriously believe that sun and rain would move the markets of soft commodities?! You fell into the correlation-causation fallacy, that's all.
Thats how the market works. Its sensitive and emotional..
That's true, of course...
Just found out ICCO is an American company, now I understand why it always explodes upwards in American premarket....
Friday's big crash is coming!
Well... let's see. I'm still extremely convinced it'll go up, until... it turns out I was wrong. Which might be the case some day.... :)
A ~20-30% reduction in production doesn't justify X4-5 price. It's just the market being hectic.
I completely agree! But unfortunately the majority of the market participiants do not (as you already and more or less said).
And up to 9.5k we go, you foolish bears. Have fun staying poor! 🚀🤣🤑
Lets go Sophie
Easy. Bears will buy up to close their lossy positions and prevent margin call. 🤣
9500-9650 today! Lets go Cocoa
Okay, finally we have a not so bad argument here... But it's not about chocolate, it's about cocoa beans, which can be stored for 2-3 years. And just yesterday an article also stated, that the price surge was probably driven by panic buying of the chocolate industry. It's not long until chrismas... and chocolate makers are already buying before a even more worse shortage in supply occurs.
So you are implying the price surge is a result of the supply shortages? That's not good news as such shortages are always mostly temporary...
Personally, I would say the price surge in the past two weeks is mainly related to news by the so called Hightower Report about a substancial lack of fertilizer and pesticide for West African cocoa farmers, which could worsen the shortage in the mid-term even more as it already is. No good harvest without good nutritions and protections against plant diseases, right?
9600 coming
LoL
Friday is green!!
Which ones? The rotten ones and those infected with that virus?
Girl, wasn't +35% enough already?
Hahaha, okay, good point...
hope - 15%
-15%?? Are ypu crazy?
Good morning how is the plan
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