<h1>Why I Trade Coffee, Cocoa, and Crypto Too</h1>
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<h3>Podcast:</h3>
 
<h4><a style="color: #008000; text-decoration: underline;" href="https://www.blueberrymarkets.net/lp/tftc-forex-broker" target="_blank" rel="noopener">Find out more about Blueberry Markets – Click Here</a></h4>
<h4 style="text-align: left;"><a style="color: #008000; text-decoration: underline;" href="https://theforextradingcoach.com/online_video_coaching_forex_course.html" target="_blank" rel="noopener">Find out more about my Online Video Forex Course</a></h4>
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<h3>#593: Why I Trade Coffee, Cocoa, and Crypto Too</h3>
In this video:
00:27 – We don’t only trade the Forex market.
01:06 – More metals now available.
01:25 – We trade Indices, Commodities and Cryptos.  
01:56 – More trading opportunities for high quality patterns.
03:14 – Trades I have open right now on non-FX markets.
03:50 – All trades have equal and low risk.
05:23 – Get onto my 17 minutes masterclass.
05:44 – Have a chat with us.
06:15 – Blueberry Markets as a Forex Broker.
Today, I want to explain to you why we don&#8217;t only trade the forex market. We look at other markets as well. So let&#8217;s talk about that more right now.
Hey there, Forex Traders! It&#8217;s Andrew Mitchem here at The Forex Trading Coach with video and podcast number 593.
We don’t only trade the Forex market.
Now being called The Forex Trading Coach you would assume that we trade only the forex market. Well we used to. And that&#8217;s because years ago all that was available to us were forex pairs.
And like the GBP/USD and USD/JPY, USD/CHF, etc. the main pairs. And then over time more and more pairs. What were called exotics or minor pairs got added. Things like NZD/CAD and then other pairs got added as times gone on, like ZAR/JPY, things like that, some more and more have been added. And then years ago they introduced a couple of metals and we could trade gold and silver against the US.
More metals now available.
And then more recently we&#8217;ve got access to more metal markets. So example Gold and Silver against the Pound and against the Uen and against the Chinese Yuan and different crosses like that, but also more metals such as, Palladium and Platinum and Copper.
We trade Indices, Commodities and Cryptos.  
We can trade indices like the Nasdaq and different American markets and different Canadian and Swiss franc markets, Yen markets.
We can trade, things like commodities. We can trade coffees and Cocoas. We can trade cryptos, Bitcoins and Ethereums, etc.. So the beauty of trading today on a platform such as MetaTrader 5 is that you have access to so many more markets.
More trading opportunities for high quality patterns.
And you could think of that and go, well that&#8217;s just going to create more work. Andrew. No, not at all. What it does is it gives you the opportunity once you know what you&#8217;re looking for, and once you have a strategy that you can scan through the markets really quick, it&#8217;s giving you more and more opportunity to look for the pattern on a higher quality chart.
So for example, years ago you might have said, well, this trade on the GBP/USD, it&#8217;s okay. It doesn&#8217;t quite fit my criteria but it&#8217;s okay. And you might have taken that trade. Rightly or wrongly. Whereas now you&#8217;ve got the opportunity to scan through more and more markets. And so the way that we trade I don&#8217;t particularly care what I trade. It&#8217;s the pattern that I&#8217;m looking for. It&#8217;s where has that candle formation appeared within the chart.
Has it got room to move to? The profit target has the stop loss got protection? All these type of things that we look for. And so if I&#8217;m trading the pattern, I&#8217;m giving myself a very high probability chance of success, because I&#8217;m looking for only the highest quality patterns, regardless of the market or direction. So simply because I live in New Zealand, it doesn&#8217;t mean I have to trade New Zealand dollar pairs more, or I have to trade the EUR/USD because it&#8217;s the biggest traded forex pair. Not at all.
Trades I have open right now on non-FX markets.
As an example, I&#8217;ve got a a monthly chart trade on Cafaro, which is one of the coffee markets on the commodities. I&#8217;ve got two weekly chart trades open right now on Dogecoin and Solana. I&#8217;ve got a daily chart trade that I&#8217;m taking later today on UK Cocoa. I&#8217;ve just placed behind me here two 12 hour chart trades on UK oil and US oil.
And so by identifying those high quality set ups, I can give myself just a great chance of having a successful trade.
All trades have equal and low risk.
Now every trade that I take, regardless of the market, they whether it&#8217;s a forex pair, what the pair is, the direction, the time frame of the chart, stop loss of the trade. None of that matters in terms of each one of my trades has low and equal risk.
So the trade on today&#8217;s UK cocoa would have the same risk as the trade on the monthly, coffee. Or if I&#8217;m taking a four hour chart trade later today on the EUR/USD, it has the same equal risk. And likewise they have the same reward to risk. And so therefore the actual market that I tracked, the direction, the time frame chart that I&#8217;m looking at is less and less relevant.
It&#8217;s more for me about having the quality of pattern. So therefore by giving us more markets to trade and on MT5 more built in time frame charts such as 12 hour, an 8 hour and 6 hour, etc., it&#8217;s just giving us just higher, higher quality, trade setups without that feel that you must go, well, not quite really where I want it, but I&#8217;ve got nothing else to trade today.
Therefore I&#8217;m going to take it. We don&#8217;t have to do that. We can be very picky, very selective with our criteria and only hand select the best, best quality. It&#8217;s like having, I, I&#8217;m like a good winemaker, you know, we&#8217;re getting optimal conditions on everything that we do to give us the best chance of a quality outcome and quality product.
Get onto my 17 minutes masterclass.
So if you&#8217;d like to find out how we do that and how we can help you to identify these same setups on the markets that we&#8217;re looking at with our help. So you can follow along seeing what we&#8217;re doing, why you&#8217;re learning so you can earn, why you learn. Have a look. First of all, on my short free OnDemand masterclass.
Have a chat with us.
If you&#8217;d like to bypass that and and seriously consider joining us. You can skip through that if you want to attend it. But if you&#8217;d like to book a call, with either myself or one of my team to see if we&#8217;re a good fit, what you can do is click on the link that I put on here to book a time to have a chat with us, and we go through some questions to see if you&#8217;re right for us. We&#8217;re right for you. You can do that. And, no obligation call there to do that. And help, see if we can help you with your trading.
Blueberry Markets as a Forex Broker.
And lastly, if you&#8217;re out there looking for a good broker who offers all these markets on all these time frame charts, I personally, trade with Blueberry Markets. I do have accounts with other brokers as well, but predominantly with Blueberry Markets.
Their MT5  platform, offers so many markets, so many different time frame charts and the best customer service you will find. And if you&#8217;d like to, have a chat with them, have a look at the link on here as well. So once again this is Andrew Mitchem here at The Forex Trading Coach trading lots of different markets looking for high quality trades and having fun whilst doing it.
Hope it helps. I see you this time next week. Bye for now.
<h2>Episode Title: #593: Why I Trade Coffee, Cocoa, and Crypto Too</h2>
<hr />
<h4 style="text-align: center;"><a style="color: #008000; text-decoration: underline;" href="https://www.blueberrymarkets.net/lp/tftc-forex-broker" target="_blank" rel="noopener">Find out more about Blueberry Markets – Click Here</a></h4>
<h4 style="text-align: center;"><a style="color: #008000; text-decoration: underline;" href="https://theforextradingcoach.com/online_video_coaching_forex_course.html" target="_blank" rel="noopener">Find out more about my Online Video Forex Course</a></h4>
<h4 style="text-align: center;"><a style="color: #008000; text-decoration: underline;" href="https://theforextradingcoach.com/call-application" target="_blank" rel="noopener">Book a Call with Andrew or one of his team now</a></h4>
<h4 style="text-align: center;"><a style="color: #008000; text-decoration: underline;" href="https://theforextradingcoach.com/propfirm-masterclass/" target="_blank" rel="noopener">Click Here to Watch Prop Firm Masterclass</a></h4>

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