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coffee

Posted: Fri Mar 30, 2007 8:11 pm
by Spectre
coffee short position is making money. anyone else system reading 'short' on coffee?

Re: coffee

Posted: Wed Apr 04, 2007 7:59 pm
by edward kim
Spectre wrote:coffee short position is making money. anyone else system reading 'short' on coffee?
i am long.

Posted: Wed Apr 04, 2007 8:22 pm
by Spectre
http://futures.tradingcharts.com/chart/CF/M

it seems to bottom out in the middle of summer.

Posted: Thu Apr 05, 2007 12:30 pm
by freeman
Ya,most people prefer cold drinks then :lol: ,OJ,water stocks ect,just a thought never tested it yet.

Posted: Sat Apr 07, 2007 11:26 am
by freeman
Spectra,hope last post didnt come as a smarty pants,,was ment to be a cheeky grin instead laugh :roll: ,,,,ur summer thought inspired some of my own,,we all know how weather plays a role on grains ect,wonder if could put the forcast weather data correlation into TBB?http://www.cpc.ncep.noaa.gov/informatio ... acts.shtml
I found some good info in here ,including data for the next 1.5 yrs,also found this good reading that inspired some ideas.
http://www.cpc.ncep.noaa.gov/informatio ... acts.shtml
Is the same site different page.

Posted: Sat Apr 07, 2007 12:33 pm
by jankiraly
March 30 issue of CRB PriceCharts shows them short coffee on all three timeframes. ("KCK7" is May 2007 Coffee)

Posted: Sat Apr 07, 2007 5:47 pm
by Spectre
seems like it likes to confirm bottoms with a retest, classic 'W' double bottom.

colder weather in the northeast, snowing in April here.

Posted: Mon Apr 09, 2007 4:24 pm
by Spectre

Posted: Mon Apr 09, 2007 4:42 pm
by jankiraly
Commodity Research Bureau 05 April issue: May 2007 Coffee ("KCK7") now 48% Sell, was 88% Sell last week.

Posted: Mon Apr 09, 2007 4:49 pm
by Spectre
yeah I subscribe to them also. I dont really pay attention to their recommendations.

I wish the charts had more bars per page, its kinda hard to pick up on the longer term trends.

I'm using metastock also.

Posted: Tue Apr 17, 2007 2:21 pm
by Spectre

Posted: Wed Apr 18, 2007 1:56 pm
by freeman
I beleive they call that indicator pileing,but useing short systems\stradegy's with over all direction(trendFollow)works. intresting summer corrilation,i was thinking crossing the usual linear weather correlation ,,,u think the low dips are getting higher cause of global warming??