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Re: Cocoa


  • To: Tom Lisk <tosk@xxxxxxx>
  • Subject: Re: Cocoa
  • From: Timothy Morge <tmorge@xxxxxxxxxxxxxxx>
  • Date: Tue, 24 Nov 1998 13:36:44 -0500 (EST)
  • In-reply-to: <MAPI.Id.0016.006f736b202020203030303430303034@xxxxxxxxxxxxxx>

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Tom:

I absolutely agree. This is a perfect example of where today's focus on shorter
and shorter term trading and charting periods have hindered many
traders--Looking at compressed timeframes in some markets makes them nearly
untradeable.

Best,

Tim Morge

Tom Lisk wrote:
> 
> << does ANYONE have a mechanical trading system that makes money in
> historical backtests on Cocoa futures? Anyone?>>
> 
> Mark:
> 
> I don't trade mechanically but I have found that cocoa and sugar are best
> traded using weekly charts.  I normally enter for 2 or 3 bars in any time
> frame - daily is very difficult with these markets.
> 
> Tom Lisk