My new position in the cocoa market

Elen Lindisova | Trading ideas | 9. 6. 2017

I have opened a bull spread in cocoa. Despite the spread being low-risk, my position isn’t large for several reasons. Let’s comb through the charts. I always begin with the Commitments of Traders analysis. It’s like a screening filter which tells me whether the opportunity is worth my time. The COT is clear in cocoa…