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  • #5,261
  • Sep 12, 2015 9:11am Sep 12, 2015 9:11am
Quoting srt
Coffee: Long-term chart (monthly) I'll be watching pretty closely if price gets to 100. Quite a few commodity charts that look like "ski slopes". I don't think they'll all go to zero. {image}

Thanks again Srt, I am looking for the possibility of getting long this one around 104. There could be serious gains from there
If you think you can or cannot do it you are correct
  • #5,262
  • Sep 12, 2015 9:37am Sep 12, 2015 9:37am
Quoting srt
{quote} Sugar: Approaching some resistance on weekly chart. {image}

I am still interested in selling sugar so I will be keeping an eye on price action at the indicated resistance levels. We are thinking the same way on the above 3 commodities.

What are your thoughts about the meat complex. I am looking to short
I am also looking for a short in cocoa
If you think you can or cannot do it you are correct
  • #5,263
  • Sep 12, 2015 9:53am Sep 12, 2015 9:53am
OJ Weekly
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If you think you can or cannot do it you are correct
  • #5,264
  • Sep 12, 2015 9:54am Sep 12, 2015 9:54am
Live Cattle
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If you think you can or cannot do it you are correct
  • #5,265
  • Sep 12, 2015 10:07am Sep 12, 2015 10:07am
Dollar Index
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If you think you can or cannot do it you are correct
  • #5,266
  • Sep 12, 2015 10:28am Sep 12, 2015 10:28am
December Copper
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If you think you can or cannot do it you are correct
  • #5,267
  • Sep 12, 2015 6:24pm Sep 12, 2015 6:24pm
Quoting Olu
{quote} I am still interested in selling sugar so I will be keeping an eye on price action at the indicated resistance levels. We are thinking the same way on the above 3 commodities. What are your thoughts about the meat complex. I am looking to short I am also looking for a short in cocoa
Cattle/Hogs:
Cattle supply/demand is a bit bullish in the US but the problem is the US$. With the dollar so high & other currencies (brazil real) so low we're importing a fair amount of beef now as end users/processors can import cheaper than buy local. The beef import ban on Argentina & Brazil was lifted in july so more access to cheap beef. The chart looks lower. The pork complex is a bit more bullish but too high now for buying.

Cocoa:
With most commodities looking pretty ugly, cocoa has held up very well. Fundamentals are OK so I'm not interested in shorting.

US$:
As for the US$, I think the Fed WILL RAISE RATES this coming week. Even if they raise, I feel there may be a quick pop higher in US$ but then no follow-through buying. This has been the most talked about .25% rate hike in history so why would anyone be surprised? Just raise & get it over with. If equities are tanking right before the decision because of the china news this week then they may cater to the funds & hold off again. Equities might even rally on a rate hike if the US$ doesn't spike too high. The US$ chart sure doesn't look very bullish IMHO.
  • #5,268
  • Sep 13, 2015 5:16pm Sep 13, 2015 5:16pm
Quoting srt
{quote} Cattle/Hogs: Cattle supply/demand is a bit bullish in the US but the problem is the US$. With the dollar so high & other currencies (brazil real) so low we're importing a fair amount of beef now as end users/processors can import cheaper than buy local. The beef import ban on Argentina & Brazil was lifted in july so more access to cheap beef. The chart looks lower. The pork complex is a bit more bullish but too high now for buying. Cocoa: With most commodities looking pretty ugly, cocoa has held up very well. Fundamentals are OK so I'm not...
Thanks Srt for you insight. You can be trusted to provide excellent fundamental info as usual. I agree with you about the Fed's raising rates and the issue being the most talked about hike in history. Will be watching carefully. Thanks for your post. Much appreciated.
If you think you can or cannot do it you are correct
  • #5,269
  • Sep 15, 2015 5:22pm Sep 15, 2015 5:22pm
Dec Cocoa
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If you think you can or cannot do it you are correct
  • #5,270
  • Sep 17, 2015 5:35pm Sep 17, 2015 5:35pm
OJ
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If you think you can or cannot do it you are correct
  • #5,271
  • Sep 18, 2015 8:40am Sep 18, 2015 8:40am
December Cocoa

We have a breakout - not in the direction I was anticipating. But that is trading for you. Now this chart is sporting an overbought indicator and is nearing old resistance but requires further analysis. Price could keep going
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If you think you can or cannot do it you are correct
  • #5,272
  • Sep 18, 2015 2:28pm Sep 18, 2015 2:28pm
See how finicky the markets are. Yellen kept interest rates on hold and now the markets are down hard because they should have raised interest rates. This is why technical analysis is excellent compared to fundamental analysis. There are just too much variables with fundamental analysis. With Technical analysis all is in the charts.
If you think you can or cannot do it you are correct
  • #5,273
  • Sep 20, 2015 6:11pm Sep 20, 2015 6:11pm
EurGbp

I am bullish this pair.
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If you think you can or cannot do it you are correct
  • #5,274
  • Sep 20, 2015 6:35pm Sep 20, 2015 6:35pm
Dollar Index
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If you think you can or cannot do it you are correct
  • #5,275
  • Sep 21, 2015 3:54pm Sep 21, 2015 3:54pm
Quoting Olu
EurGbp I am bullish this pair. {image}
The idea failed. I donated 30pips to the forex cloud
If you think you can or cannot do it you are correct
  • #5,276
  • Sep 21, 2015 4:09pm Sep 21, 2015 4:09pm
Quoting Olu
Dollar Index {image}

Dollar Index is showing strength...
If you think you can or cannot do it you are correct
  • #5,277
  • Sep 22, 2015 8:21am Sep 22, 2015 8:21am
Sugar
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If you think you can or cannot do it you are correct
  • #5,278
  • Sep 22, 2015 5:28pm Sep 22, 2015 5:28pm
Soybean Meal

If price takes out 320 this idea is toast
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If you think you can or cannot do it you are correct
  • #5,279
  • Sep 23, 2015 2:34am Sep 23, 2015 2:34am
Is the downward trend in platinum about to continue?
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Twitter: ThirdMoment
  • #5,280
  • Sep 24, 2015 8:56am Sep 24, 2015 8:56am
Quoting rbfx
Is the downward trend in platinum about to continue? {image}

Holy cow! Rbfx I was just going to post a platinum chart as well. I am glad we are thinking in the same direction. Yes I believe it will continue down and we could see the 850 on this one. Thanks for the chart
If you think you can or cannot do it you are correct
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