• Phillip Streible

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 2020 System Trades: Gain $92,405.90


Technical Spotlight - Cocoa (July)


Technicals: The trend following system is Flat Buy Trigger: 2590* Sell Trigger: 2331* Settle: 2473 OTE Unrealized Profit/Loss: $00.00 Bias: Neutral Resistance: 2536** , 2604** Support: 2412** , 2356** ADX: 30.44 (ADX 14-day = Measures the strength of the current trend) Pivot Point = 2343 ATR = Average true range = 59 Initial Margin $2,090 Maintenance Margin $1,900 First Notice Date: April 19 Last Trade Date: May 13


Technical Spotlight - Coffee (July)


Technicals: The trend following system is LONG Buy Trigger: 138.50* April 23 Sell Trigger: 136.98* Settle: 145.00 OTE Unrealized Profit/Loss: $2,437.50 Bias: Bullish / Neutral Resistance: 153.00** , 157.38** Support: 144.25** , 139.88** ADX: 32.30 (ADX 14-day = Measures the strength of the current trend) Pivot Point = 143.53 ATR = Average true range = 4.39 Initial Margin $4,455 Maintenance Margin $4,050 First Notice Date: April 22 Last Trade Date: May 18


Technical Spotlight - Sugar (July)


Technicals: The trend following system is Long Buy Trigger: 16.31* April 15 Sell Trigger: 16.65* Settle: 16.96 OTE Unrealized profit/Loss: $728.00 Bias: Bullish / Neutral Resistance: 17.82** , 18.70** Support: 16.49** , 16.04** ADX: 55.72 (ADX 14-day = Measures the strength of the current trend) ATR = Average true range = 0.51 Pivot = 16.86 Initial Margin $1,047 Maintenance Margin $952 First Notice Date: May 3 Last Trade Date: April 30


Technical Spotlight - Cotton (July)


Technicals: The trend following system is FLAT Buy Trigger: 90.82* Sell Trigger: 81.83* Settle: 82.43 OTE Unrealized Profit/Loss: $00.00 Bias: Neutral Resistance: 89.74** , 93.56** Support: 82.10** , 78.28* ADX: 27.34 (ADX 14-day = Measures the strength of the current trend) Pivot = 90.05 ATR = Average true range = 2.50 Initial Margin $2,915 Maintenance Margin $2,650 First Notice Date: April 26 Last Trade Date: May 6

Good luck and good trading, Phillip Streible Chief Market Strategist 312-858-7303 Phil@Bluelinefutures.com Follow us on Twitter: @BlueLineFutures Follow us on Facebook: Blue Line Futures Facebook page Subscribe to our YouTube channel: Blue Line Futures YouTube channel 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 BlueLineFutures.com 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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