Ok. Thanks. It may be worth to take a look at the options market. Don't know how high IV can be for that underlying.
On March 22 @i960 posted a long term chart of coffee. All the stops around 100 have been thoroughly taken out by now. Once I see some consolidation (e.g. 5-10 sessions stable and sideways) around here I would expect we get a decent bounce from 100, up to 120/125 area and then see where it goes.
Hello to All. In the: https://www.cis-okc.com/ , Price Perceptions report # 1612 issue on September 21st, 2018 exist somewhere for corn: The market broke into new lows to start the week and then recovered trading inside the initial recovery zone. With the new lows, the initial recovery zone now ranges from $3.55 1/4 to $3.58 1/2. The standard recovery zone ranges from $3.65 to $3.70 1/2. The primary recovery zone ranges from $3.85 1/2 to $3.96. I decide to buy corn futures early today in the 356.50 cents per bushel. I make that because I believe that will exist a very powerfull year in U.S.A corn exports. I do not know how you find that. I will be glad to listen and other comments from Elite Trader members. My stop loss in the corn futures is 352.25 cents per bushel. Kind Regards, George Kanellopoulos.
Short ZL May/Jul/Aug19 butterfly @-0.14. - Curve too flat around those expiries - High historical level
Out 1/4 again @ 10.525. I think this will be my best trade of the year. I took a good chunk of that bull move.