coffee

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Spectre
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coffee

Post by Spectre »

coffee short position is making money. anyone else system reading 'short' on coffee?
edward kim
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Re: coffee

Post by edward kim »

Spectre wrote:coffee short position is making money. anyone else system reading 'short' on coffee?
i am long.
Spectre
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Post by Spectre »

http://futures.tradingcharts.com/chart/CF/M

it seems to bottom out in the middle of summer.
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Post by freeman »

Ya,most people prefer cold drinks then :lol: ,OJ,water stocks ect,just a thought never tested it yet.
freeman
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Post 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.
jankiraly
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Post by jankiraly »

March 30 issue of CRB PriceCharts shows them short coffee on all three timeframes. ("KCK7" is May 2007 Coffee)
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Spectre
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Post 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.
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Spectre
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Post by Spectre »

jankiraly
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Post by jankiraly »

Commodity Research Bureau 05 April issue: May 2007 Coffee ("KCK7") now 48% Sell, was 88% Sell last week.
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Spectre
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Post 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.
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Post by Spectre »

freeman
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Post 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??
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