Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I have no idea what the 15-16, 16-17, 17-18 or 18-19 Brazilian crop sizes were or will be. Frankly, there are no hard statistics we can rely on. NONE! Everyone entitled to an opinion and while median production reference points are fine, they are not fully grounded in reality either. Based on previous post-crop production estimates, Brazil is notorious for exporting coffee they shouldn’t have. Best to stay alert and be flexible. Going down with the ship is not good trading. Gap filling ahead. Watch that open interest for liquidation. Long term chart remains compressed like a cocked hammer. After thirty years of Latin dance lessons, pivoting becomes easy.