COFFEE FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)

ICEUS

KC1!

111 - Astrology - Fundamentals - inside, gekkkooo - Seasonal Trading ( Fall coming = warm up )

Coffee has enjoyed a nice 5 wave bull impulse mirroring the start of its sister wave (A). After the 98.40 gap fill (likely just prior to the July 31 FOMC), purchase December 2019 OTM Call Options (expiring November 8 2019).

Hi Traders, We are looking for a potential breakout on Coffee.

This is an excerpt from the Parallax Weekly premium report originally published July 15, 2019. "The net-positioning in coffee has surged, and the percentile metric is not suggesting it’s extremely overdone even though the one-year z-score is well above 2. The problem now is that coffee prices have declined from $116 to $106 with net-longs still in charge. There...

KC1!

Coffee is on a low price, good entry for long position

There is a good LONG position coming soon at around 92. A little drop from 92 is nothing if you compare the huge profit to 112-120 Have a good trade to everyone!

looking for a bottom from here or a little bit lower, ideally 98.30 would hold ** Just an idea, NOT a forecast

An absence of frost risk & speedy Brazilian harvest helped major correction in recent days. Positive news for bull is that ICE monitored inventories are continuously dropping. Brazilian real also seems strong on charts, further good for Coffee bulls. Presence of 100 as psychological level along with 99 as fib support, Its worth buying 99-100 region for quick bounce.

-The strong increase in coffee prices is due to the strengthening of BRL and the fear of frost -The Brazilian hurricane delayed harvest, which could lead to a deterioration in crop quality -Coffee consumption has risen to historic highs, but it is not yet visible at coffee bars -Farmers receive only 10% of the final consumer price, so they don't get too much...

The original idea is mine, so like it!

buy retraces on LTF will be the great plan here.

Unless people stop drinking, short covering will lead much higher $JO, $KC_F

Coffee futures found strong support on it's Traditional Yearly S1 pivot(S1). Coffee should go to the Yearly Pivot(P) this year. Ys1 to YP is a algorithmic move.

Unusually large volume was traded on 11 APRIL 2019 , this might be a trend changing volume bar. As of now, price has been retracing back into 93.20 (candle) range. A break above 96.75 would be the indication of the up trend movement for coffee prices.

Proposed assessment outlined on chart.

just for fun :)

Plenty of reasons to think this bottom is forming