• Phillip Streible

Blue Line - Breakfast Report

"Actionable trading ideas that help you stay ahead of the markets."


To find out more or view previous trades, send an email to:


Info@bluelinefutures.com


Softs and Fibers Closed System Trades YTD: Gain $73,268.65


Cocoa (December)

Technicals: The trend following system is Short

Buy Trigger: 2454*

Sell Trigger: 2380* October 13

Settle: 2381

OTE Unrealized Profit/Loss: $-10.00 (High OTE of $380.00 on Oct 14)

Bias: Bearish / Neutral

Previous Session Bias: Bearish / Neutral

Resistance: 2500 - 2550**, 2640*** , 2700****

Support: 2332**, 2250** , 2175*** 2115****

ADX: 30.44

(ADX 14-day = Measures the strength of the current trend)

Pivot Point = 2335

ATR = Average true range = 60

18 EMA: 2442 < 40 EMA: 2470 = Bearish Trend

EMA = Exponential Moving Average

Initial Margin $2,090; Maintenance Margin $1,900

First Notice Date: November 16

Last Trade Date: December 14

Technical Spotlight

Coffee (December)

Technicals: The trend following system is Short

Buy Trigger: 115.31*

Sell Trigger: 113.50* September 18

Settle: 106.05

OTE Unrealized Profit/Loss: $3,225.00 (High OTE of $3,225.00 on Oct 20)

Bias: Bearish / Neutral

Previous Session Bias: Bearish / Neutral

Resistance: 116.78**, 135.45**** , 142.60***

Support: 104.90**, 103.44***, 95.50 - 94.00****

ADX: 27.74

(ADX 14-day = Measures the strength of the current trend)

Pivot Point = 111.87

ATR = Average true range = 3.74

18 EMA: 109.39 < 40 EMA 112.46 = Bearish Trend

EMA = Exponential Moving Average

Initial Margin $4,455; Maintenance Margin $4,050

First Notice Date: November 19

Last Trade Date: December 18

Technical Spotlight

Orange Juice (January)

Technicals: The trend following system is Flat

Buy Trigger: Awaiting new signal*

Sell Trigger: Awaiting new signal*

Settle: 117.75

OTE Unrealized Profit/Loss: $0.00

Bias: Bearish / Neutral

Previous Session Bias: Neutral

Resistance: 117.75**, 1.2100***

Support: 1.0835** , 1.0285***

ADX: 14.87

(ADX 14-day = Measures the strength of the current trend)

Pivot = 113.31

ATR = Average true range = 2.66

EMA: 116.16 < EMA 117.53 = Bearish Trend

EMA = Exponential Moving Average

Initial Margin $1,386; Maintenance Margin $1,260

First Notice Date: January 4

Last Trade Date: January 11

Technical Spotlight

Sugar (March)

Technicals: The trend following system is Long

Buy Trigger: 13.38* September 18

Sell Trigger: 13.64

Settle: 14.54

OTE Unrealized Profit/Loss: $1299.20 (High OTE of $1,500.80 on Oct 19)

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 15.00***

Support: 14.37**, 12.93*** , 12.44****

ADX: 50.64

(ADX 14-day = Measures the strength of the current trend)

ATR = Average true range = 0.34

Pivot = 14.20

18 EMA: 14.03 > 40 EMA 13.66 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $1,047; Maintenance Margin $952

First Notice Date: March 1

Last Trade Date: February 26

Technical Spotlight

Cotton (December)

Technicals: The trend following system is Long

Buy Trigger: 63.18* July 30

Sell Trigger: 68.71*

Settle: 71.02

OTE Unrealized Profit/Loss: $3,920.00 (High OTE of $3,920.00 on Oct 20)

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 73.00**

Support: 66.90**, 63.40***

ADX: 53.29

(ADX 14-day = Measures the strength of the current trend)

Pivot = 69.65

ATR = Average true range =1.13

EMA: 68.47 > 40 EMA 66.84 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $2,915; Maintenance Margin $2,650

First Notice Date: November 23

Last Trade Date: December 8

Technical Spotlight

Lumber (November)

Technicals: The trend following system is Short

Buy Trigger: 604.82*

Sell Trigger: 641.50* September 4

Settle: 531.70

OTE Unrealized Profit/Loss: $12,078.00 (High OTE of $12,078.00 on Oct 20)

Initial Margin $1,760; Maintenance Margin $1,600

First Notice Date: November 23

Last Trade Date: December 8

Technical Spotlight

Good luck and good trading,

Phillip Streible

Chief Market Strategist

312-858-7303

Phil@Bluelinefutures.com

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If you have any questions about markets, trading, or opening an account, please let us know!


You can email us at info@BlueLineFutures.com or call 312-278-0500


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These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.


Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete, and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

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