Was thinking of signing up to MRCI. Worth it? I already have a SeasonAlgo account and I find it useful.
Short Nov/ Long Jan Beans @ -4.5. Doubling my exposure to soybeans. Good crop condition now + strong seasonality + A little too much reassuring talk about chinese demand not being impacted.
I suspect there is value but I have never tried or been a Customer. Their encyclopedia is great though.
Hello. In the past I was a subscriber to MRCI for a little time for to know better that platform and, basically because of the 3 U.S.A different wheat futures contracts ( Chicago, Kansas, Minneapolis ). In the beginning I had in my mind the Spreads from MRCI that had the Kansas City Board of Trade. When make the subscription, I realize that the points that appears in MRCI spread charts are simply trends and not pips like in regular spreads. For example in the spread long Kansas City wheat and short Chicago wheat, the beginning of trends usually started in different pips. That means for example that one trend can start in 30 pips and other time in 70 pips in the example long Kansas City wheat and short Chicago wheat. But when start in 70 pips have low possibilities to go for example to 95 pips. That understanding by my side makes me to stop the subscription to them. I respect them, seems that have done all these that provide with very big job but finally I do not use them. Kind Regards, George Kanellopoulos.
Wheat french cash market is leading Euronext market which itself is driving down CBOT... That happens once every 5 years^^ I bet that we will have higher volaility in the next days
I am currently short french wheat but I think it can rebound pretty hard when the trend is broken EBM-W is getting lower and lower, I could buy some in the next days