Coffee Traders' Forum - A Discussion about Coffee Futures Trading


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Coffee Traders' Forum

Right On/COT Comment *PIC*
In Response To: COT Comment *PIC* ()

As Johnny Depp said in the movie Blow, "Right On." The fund net short NY KC coffee position is about 60% of the high point reached in recent months.

The historic NY KC "W" pattern at this time of the year is also key right now.

Gold, the indicative yellow metal - also impacts the dollar, euro & bonds - VERY INTERESTING RIGHT NOW. Possible surprise ahead. Trump & Rocket Man???

Emotion is a fundamental, perception is reality & timing is the only thing that counts. In short, momentum rules. I smell a shift with Friday's big volume key reversal and the 90 minute false breakdown reversal. COT is also bullish and the daily stochastics just turned up. Anything can happen. Be ready.

Messages In This Thread

COT Comment *PIC*
Right On/COT Comment *PIC*
Re: Right On/COT Comment
Re: Right On/COT Comment/ GOLD
Re: Right On/COT Comment/ GOLD
Right On/COT Comment/ GOLD
Re: Right On/COT Comment/ GOLD