Coffee Traders' Forum - A Discussion about Coffee Futures Trading

Coffee Traders Discussion Forum

Coffee Traders' Forum

COT, Blind Hogs & Walnuts

The last 10/3 COT report was bullish. So was the weekly open interest increase of 7,725 in a rising market (Tuesday thru Tuesday) that will be included on Friday’s (10/10) COT disaggregated futures only short format report.

It is, however, important to note that even a blind hog uncovers a walnut once in a while. The COT reports provide valuable trading insight, particularly in the NY KC market, but they aren’t perfect. In short, the jury is still out.

No comment about the hazards of trying to stay in front of mother nature.