Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Excellent question Alf. Today I did as you recommended and bought puts. I am uncertain about the market. I am long puts and long calls. I feel that a market that advances strictly on short covering is not a healthy market. Yet, the market continues higher. Systems funds continue to buy and longs continue to sell. At some point the liquidation will cease. I apologize for sounding so uncertain but the market is causing me to feel this way. In answer to your question, I wish I could be more decisive. I have been trading my delta together with buying dips for scalping. I am curious of what your dots reveal. GT.