NexusFi: Find Your Edge


Home Menu

 





Coffee


Discussion in Commodities

Updated
      Top Posters
    1. looks_one lsubeano with 5 posts (0 thanks)
    2. looks_two myrrdin with 3 posts (3 thanks)
    3. looks_3 daniely with 2 posts (1 thanks)
    4. looks_4 traderwerks with 2 posts (3 thanks)
      Best Posters
    1. looks_one ron99 with 2 thanks per post
    2. looks_two traderwerks with 1.5 thanks per post
    3. looks_3 myrrdin with 1 thanks per post
    4. looks_4 AgileQuant with 1 thanks per post
    1. trending_up 8,170 views
    2. thumb_up 10 thanks given
    3. group 17 followers
    1. forum 22 posts
    2. attach_file 0 attachments




 
Search this Thread

Coffee

(login for full post details)
  #1 (permalink)
 
lsubeano's Avatar
 lsubeano 
hollywood
 
Experience: Intermediate
Platform: thinkorswim
Broker: TD
Trading: futures
Posts: 213 since Jun 2010
Thanks Given: 65
Thanks Received: 165

Who's looking to go long?

+1 for me

Follow me on Twitter Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Trader Dale [email protected] or Scammer Dale
Trading Reviews and Vendors
Request for MACD with option to use different MAs for fa …
NinjaTrader
Volume profile TradeStation
EasyLanguage Programming
ISO Equity Curve Indicator
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
GFIs1 1 DAX trade per day journal
28 thanks
Supertradersams Thread Journal on NQ/MNQ
26 thanks
Tao te Trade: way of the WLD
16 thanks
Diary of a simple price action trader
13 thanks
Just another trading journal: PA, Wyckoff & Trends
12 thanks

(login for full post details)
  #3 (permalink)
 britkid99 
Derby UK
 
Experience: Intermediate
Platform: Sierra Chart
Trading: Futures Options, CL
Posts: 175 since Jun 2009
Thanks Given: 105
Thanks Received: 134



lsubeano View Post
Who's looking to go long?

+1 for me

See my analysis over in the Selling Options on Futures thread.
I have closed my SOLD calls and only have SOLD puts left.

I do think we are trying to find a bottom here but it is still too early to say just yet.

Brit

Reply With Quote
(login for full post details)
  #4 (permalink)
 ron99 
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
Posts: 3,081 since Jul 2011
Thanks Given: 980
Thanks Received: 5,785

Raw sugar and coffee rose on speculation that investment funds that track commodity indexes will increase their holdings. Cocoa, cotton and orange juice also advanced.

Investors will probably buy 31,451 contracts of raw sugar and 11,148 lots of arabica coffee as weightings shift for the Standard & Poor’s GSCI and Dow Jones-UBS Commodity Index, Morgan Stanley estimates. The changes may bring inflows of $1.5 billion to the sugar, coffee, cocoa and cotton markets, Hussein Allidina, the head of commodities research at the bank in New York, said in a report today.
Sugar, coffee gain as index funds rebalance; cocoa, cotton rise
So this buying will not last long. Right now coffee is down 2 or 0.02, depending on your price format, from the peak today.

Reply With Quote
The following 2 users say Thank You to ron99 for this post:
(login for full post details)
  #5 (permalink)
 
lsubeano's Avatar
 lsubeano 
hollywood
 
Experience: Intermediate
Platform: thinkorswim
Broker: TD
Trading: futures
Posts: 213 since Jun 2010
Thanks Given: 65
Thanks Received: 165

Good info.


I've never traded options in my life. Nice trade on KC. I agree, not sure about bottom yet, but I'm ok taking a contract off for a bit of profit and getting stopped out until it runs.

I'm looking at cocoa and coffee for hopefully multi-month holdings.

Follow me on Twitter Started this thread Reply With Quote
(login for full post details)
  #6 (permalink)
 Barrington 
Portland OR
 
Experience: Intermediate
Platform: None
Trading: Stocks
Posts: 56 since Dec 2012
Thanks Given: 87
Thanks Received: 31

Trying my hand at some basic analysis:

According to the j. Ganes December report - Per the USDA numbers, last year there was a statistical loss of 11.5 mil bags. The year before that there was 8 mil bag difference. In three seasons, this implies a total loss of more than 22 mil bags that are simply unaccounted for. This could lead to supplies being larger than officiallu reported.

Also, the seasonality chart for KCH13 shows a top in Jan/Feb. Reason to be bearish on Coffee? Sell Calls 205/210, DTE 32, if able to get fills?

Reply With Quote
(login for full post details)
  #7 (permalink)
alfredoe
Medellin
 
Posts: 32 since Apr 2012
Thanks Given: 36
Thanks Received: 15

Coffeee is my best money making commoditiy for the last 8 months. I have been selling calls and at the moment I sold May 195 calls.

Good luck,
Alfredo E.

Reply With Quote
(login for full post details)
  #8 (permalink)
 
tellytub's Avatar
 tellytub 
london uk
 
Experience: Beginner
Platform: NinjaTrader
Broker: Zen-Fire
Trading: Stocks
Posts: 410 since Jun 2009
Thanks Given: 333
Thanks Received: 121

Im using CQG datafeed, and loaded KC 3-13 chart, I've loaded 50 days worth of data and get no data? Can you see the coffee charts in Ninjatrader CQG

thanks

Reply With Quote
(login for full post details)
  #9 (permalink)
 
Massive l's Avatar
 Massive l 
OR/USA
Legendary /NQ Trader
 
Experience: None
Posts: 2,129 since Mar 2011
Thanks Given: 1,859
Thanks Received: 5,106

+2 pullback to 152 looks good for long

Visit my NexusFi Trade Journal Reply With Quote
(login for full post details)
  #10 (permalink)
mwtzzz
Sunnyvale, CA
 
Posts: 171 since Dec 2012
Thanks Given: 8
Thanks Received: 107


You ag traders are awesome. I don't know how you do it. The few times I looked at ag products, it was so amazingly slow it seemed like it took an hour for the price to move a tick. It left me with the impression that if I'm going to trade wheat, I'd get more action just planting it in my backyard and watching it grow.

Reply With Quote





Last Updated on March 28, 2016


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts