I’m still long Cocoa.It’s mildly negative at this point, sort of malingering sideways.
For the Gold and Silver question, I decided to setup for re-entry at the higher breakout points (~913 GC, about 12.7 SI).
So, revisiting my earlier post on these two:
Silver hasn’t really hit the re-entry point, until after hours today. I don’t deal in after hours.
Gold went below the re-entry yesterday, then gapped up today, so I missed it because I’m using stop-limit entries.Truth is, I missed it because I didn’t actually try to enter the trade at all because mere noise could have fired the entry from where it closed.
I’m trying not to make discretionary trades, but that GC opt out might qualify. I should take note.