London Cocoa 29/04 - Is it finally happening?

After months of buildup, the London Cocoa market may have finally reached its peak and started a sharp fall out the window. As you'll have seen in our other posts, it certainly wasn't expected to reach the heights of 10,000 but it looks like that might have finally been a point too far.

Now could be an interesting time to short the market if you've got a hefty risk appetite and a large account balance to soak up any volatile backtracking. You would also need a hefty deposit available to open a position given the high price. The unpredictable nature of this trade makes it extremely challenging and realistically it's most likely to be one to enjoy observing from the sidelines rather than directly acting upon.

I'm going to be leaving this well alone, but have to admit am somewhat frustrated not to have caught it - always the way. In the meantime, I'll be keeping my eye out for the next big adventure.