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US Coffee C Futures - Jul 24 (KCN4)

Real-time capital.com
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215.88
-4.57(-2.07%)
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US Coffee C Futures Discussions

Will it break above 170?
It's possible, but I gonna looking for small sells - a big imbalance + gap ...
Be careful with shorts, if 170 is broken, we are gonna go to somewhere about 190
it's giving you the opportunity to exit.. this is what distribution pattern looks like
ICE is melting very fast. Bullish.
There's ships, already blowing its whistle.
Rains+Export vs ICE + Ports + Starbucks last report :) : ) :)
Big short now
El Nino continues. The destruction of Acapulco was just the beginning. Now we are seeing violent storms over Europe
this has nothing to do with newyork going up, go read weather news !
My flight was also postponed because of the storm
I CAN BY NOW ?? ANY EXPERT PLEASE ADVICE ME..
No one is an expert but I belive this will end in red today
nobody can tell you for sure, but if i were you i wouldnt buy now, i would wait FND day then buy march
Wheeeee! Rollercoaster
Magic Kingdom
🤢
shortdude you said mms went net long so that is pure buy signal isnt it ? they have alot money
Roller coaster :)
In red soon
Backward analysis always effective.
if you dont believe i can send you screenshot of my history lol
closed that longs wont be that hungry 6 dolars movement
Will end in red today
yes your account :P :D just funning
I observed the building of the sell position. this is my opinion only!
a huge up movement with lower volumes...... it's suspicious..
Today another 5% rally thanks to FED?
ITS UP ??? OR DOWN ??
or maybe 10%
golden cross on h4 hold us so i think we are heading higher not even rollover will stop that :D
Let's see, the next one up is waiting 166.50 ...
yes that must be broken to be able climb more up
This move is not normal. I smell many rats.
Funny, but many traders expressed frustration today as "impossible to trade, invest, explain, etc ". But hardly futures speculation may be called investment and hardly any daily market move can and must be explained by solid fundamentals :). Jan and Oct 2023 reversals both are on monthly trend line support going back to 2001 low. That's quite a trend line time wise :). KC broke below in 2018 and got back over it in 2021. We'll see if it'll manage to hold... :) :) :)
Yesterday and today showed us why we should not invest in kc
The issue mentioned is that among the producers, few achieved the maximum prices. The maximum prices could be in their heads 200, 230, 250, 300, who will know? The best averages are achieved with fractional sales, the worst results are achieved with attempts to get 100% correct in quantities and values, something impossible to do.
It's the same as me telling you that you had a unique chance to buy yesterday and sell today, or tomorrow, who knows?
In 2020 besides other cycle (GSM, war, etc) commodity bull cycle started 2020 - 2045/50. Practically all important lows in KC market from the beginning of monthly chart were correlated to precipitation anomalies in SP, MG, RJ. There is enormous quantity of studies, made by BRL researchers, related to droughts in the region, within last 10 - 15 years average situation got worse and projected till 2045 or so (just study of course, no guarantee). SDM is privileged for sure, but still under influence of main pattern. Nobody knows 100%, but it is good to be cautious both sides :).
Do not let very last bullish pulse to die completely :), some numbers on Colombia, USDA: 1) harvested area, bearing trees, etc stagnant for last 5 years; 2) USDA 11.3/FNC 10.6mb last production refers to ... MY 12/13; 3) 3500mil bearing trees on 640k harvested ha = 5469 tr/ha (vs 3029 Brazil); 4) 11.3mb : 640k ha = 17.7 !!! b/ha, arabica; 5) current borer situation looks like no less than 10%, strong El Niño (if confirmed) may bring up to 25%. Colombia is 2d producer of A, quality beans, etc. Exports declining since 16/17, import rising in sure manner.
Rechecked some other numbers. USDA lowered global production for 22/23 - new number is 170mb and it's the same as ... ICO number. Thus, by USDA 22/23 MY did not provide any global surplus ( created quite deficit by ICO :) ).
OScar Correa Could you tell me what the Diff between Colombia and Ny was 1 year ago? is today ?
Yesterday crop was in jeopardy but today everything is ok. What a nice games we have here while producers are selling every pop.
All Oct rains in MG got finally counted and recorded. Ports promised to restore the order :) :) :). In modern world things change quickly :) :) :).
Follow diffs, everything else is fugazi.
My love is stoch and other cyclicals :).
What goes up, must come down
and what goes down must go up ;)
I think it will go down some more first :)
strange what it do that big movements but i feel like it want go up and this is just trap will see till end of week :D
i just closed sell 5 dolars movement and buying again with sl 159.5
nice trade, i wish i could be clever like this hahahha, i still long in this sht
Use hedging for quick trades, that's what I do when I get stuck in a trade. :) Instead of stop loss, I simply go in the opposite direction until things clear out.
i also have stuck one small buy at 180 pending orders on coffee are nessesary just went on lunch and after that it was already activated becasue once in starts go some way it just keep going :D but i am not still sure where we are heading just trading movements
Next stop where ?? Any expert..
So, October brought: 1) good rains for SdM; 2) record CECAFE certs of 4.15mb; 3) A certs of 3.23mb (below 3.5mb); 4) ICE below 400k; 5) big green monthly candle. :)
Got a bit of March coffee :) out of protest :).
If all certs will become sealed, Oct export will get over 4mb of all types. If I'm correct, there were just very few times (4-5?) within last many years when monthly export was over 4mb. Thus, it begs the question: does it show that consumption is ok or not ? (It shows that producers have beans and willing to sell for sure :).)
monthly chart looking good for buy i am just afraid of rollover becasue there was always big drops before rollover
it is all about spec and nothing about coffee
pump n dump like crypto :D i had pending order sell stop at 166 so again nice profit stoploss is on opening price already how sweet volatility
4.145mln certs and 3.8mln bags already exported. Ports are in trouble.... Or this is nothing more than hoax?
We'll see shortly. Meanwhile brave roasters took 1k from ICE. :) Small, but still a support :) :) :) .
Reuters says 1k was somehow important :).
They are trying to find explanation too. 1k is not convincing.
"Coffee prices Wednesday rallied sharply as current coffee supplies continue to tighten. ICE-monitored arabica coffee inventories Tuesday fell to a 1-year low of 389,138 bags." Is this a sufficient cause, for such a move?
Have you ever tried a pure Robusta? I guarantee that a pure Arabica will. With less Robusta you get a good coffee but with less Arabica the result is the opposite (taste is taste).
Coffee in general is unpalatable. That's why people pour milk, sweet syrups and other flavor enhancers into it. And they drink it because it has coffeine. Robusta has more caffeine 😁.
My friend from São Paulo used to say: you don't like the taste - add sugar :) ! But in fact, it depends strongly on the market: americano, die tasse, espresso, cappuccino - are still very big market share. Make them of pure R - you'll not be able to drink it... :) :) :) (espresso/ristretto to lesser extent). A is still very important. Besides, it's bigger production still. I heard that Vietnam is planning to use about 2000k ha for coffee in 2030 :), but currently they are not making records for years... For many the taste is still very important and many are negative about sugar and syrups as they don't drink milk based coffee after 11.59am :) :) :).
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