Published on: 5/17/2011 by Nigel B. 1 years 3 days ago
Buy stop at 268.00 to get into a long breakout position. If filled, protective stop at 264.00. Yes, it’s a large stop but coffee is just that kind of market.
Sell stop at 262 to get into a short breakout position. If filled, protective stop at 268.
You may want to stop and reverse – coffee has a nasty habit of whipsawing.
Note: reposting this from earlier because the images disappeared after the initial upload.