OJ/ Coffee Random Musings

Discussion in 'Commodity Futures' started by criveratrading, May 28, 2008.

  1. good trade friday! yeah coffee is wild i thats probably why I like it
     
    #181     Jun 23, 2008
  2. Im tempted to get short we shall see double top at 148.50 held. big harvest no frost. Make the momney back I lost friday with interest :)
     
    #182     Jun 23, 2008
  3. really looking at 147.00
     
    #183     Jun 23, 2008
  4. sidelined here. plus I'm tired, and trading tired never mix.
     
    #184     Jun 23, 2008
  5. ditto man hope you are doing well. I've got a ton of real estate bull to keep me busy. Which usually annoys me but for some reason right now it's a welcome escape
     
    #185     Jun 23, 2008
  6. coffee at 149.00 wow I kind of want to step in front of this fucking beast and short it.
     
    #186     Jun 24, 2008
  7. haha glad i didnt!
     
    #187     Jun 24, 2008
  8. the direction of the breakout was up . why fight it. shagi has traded it well. range expansion happened and resolved to the upside.
     
    #188     Jun 24, 2008
  9. Very true shagi called the hell out of that. I havent heard from him for a while. I agree why fight it, but fundamentally we should see a good sell off. The harvest is massive just running late. the more I see coffee behave the more I like it as a market to trade. It retraces predicatbly and it's good good volume but it's not super heavy. So days like today when you see it break the double top which we all knew was at 148.50 there are thousands of stops hit and you can catch it if you time it right.

    Criv how is eveything else going? still tired? any trading at all? I made a few bucks on my copper spreads got out today (i think) cattle are getting relief from these big down days in corn. I hope corn gets hammered going into late summer (it probably won;t) then I can get out of these dumb spreads without a huge loss!
     
    #189     Jun 24, 2008
  10. I have been trading poorly as of late, lost a grand last night impulsively. Need to get focused again. I am long sep short oct crude. Anybody else see anything
     
    #190     Jun 26, 2008