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Search: Posts Made By: myrrdin
Forum: Commodities July 24th, 2021, 12:14 PM
Replies: 87
Views: 21,141
Posted By myrrdin
ICE is raising minimum coffee margins from $4,050...

ICE is raising minimum coffee margins from $4,050 to $7,500, as of last night.

This measure could result in margin call selling during the next couple of days - thus, be careful !

The result...
Forum: Commodities November 1st, 2019, 04:52 AM
Replies: 87
Views: 21,141
Posted By myrrdin
Yes, I traded many years before my retirement....

Yes, I traded many years before my retirement. For us in Europe it is helpful that the main trading hours in the US are after our normal working hours.

I would begin reading books on how futures...
Forum: Commodities October 30th, 2019, 12:19 PM
Replies: 87
Views: 21,141
Posted By myrrdin
HI Nick, thank you for asking. This is an...

HI Nick,

thank you for asking. This is an important contribution to this forum. Without good questions, there will be no answers, and no discussion forum.

ad 1): My trades usually have a time...
Forum: Commodities September 10th, 2019, 01:43 PM
Replies: 87
Views: 21,141
Posted By myrrdin
Additionally COT data is extremely bullish. ...

Additionally COT data is extremely bullish.

Iam long the SBH contract.

Best regards, Myrrdin
Forum: Commodities July 30th, 2019, 09:16 AM
Replies: 87
Views: 21,141
Posted By myrrdin
COT data for Cocoa are bearish. I will enter CC...

COT data for Cocoa are bearish. I will enter CC from the long side after a severe wash out.

Best regards, Myrrdin
Forum: Commodities July 28th, 2019, 02:35 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I hold a similar position, the KCH P100, for some...

I hold a similar position, the KCH P100, for some months now. There are several good reasons why coffee prices could move upwards - eg. weather during the blooming period in Brazil, weather before...
Forum: Commodities July 21st, 2019, 10:04 AM
Replies: 87
Views: 21,141
Posted By myrrdin
Thank you for the link to the coffee forum. I...

Thank you for the link to the coffee forum. I just registered there as Myrrdin.

The next potential large move of coffee price will depend on the weather forecasts for the blooming period in...
Forum: Commodities July 19th, 2019, 06:28 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I am less bullish regarding sugar than I was some...

I am less bullish regarding sugar than I was some weeks ago.

COT data is back to more or less neutral, and seasonals are bearish for the next couple of weeks.

I am not invested.

Best...
Forum: Commodities July 1st, 2019, 02:45 PM
Replies: 87
Views: 21,141
Posted By myrrdin
I am still long coffee, cocoa, sugar, and orange...

I am still long coffee, cocoa, sugar, and orange juice.

have added again the short KCU C130 to the short puts.

Best regards, Myrrdin
Forum: Commodities June 5th, 2019, 03:35 PM
Replies: 87
Views: 21,141
Posted By myrrdin
I am glad I sold the KCU C130 yeserday ... I...

I am glad I sold the KCU C130 yeserday ...

I still hold the OJ long position, and intend to hold it. Stop on close below the contract low.

I do not have an opinion on Cotton. Just one thing:...
Forum: Commodities May 31st, 2019, 02:58 PM
Replies: 87
Views: 21,141
Posted By myrrdin
I do not have data from before 2006, and, thus,...

I do not have data from before 2006, and, thus, cannot compare your data with mine.

Looking at the data from CFTC (your link) for orange juice, commercials are long 14001 positions and short 8812...
Forum: Commodities May 30th, 2019, 03:24 PM
Replies: 87
Views: 21,141
Posted By myrrdin
Ad OJ: Short position for Large Specs is the...

Ad OJ: Short position for Large Specs is the largest since 2006 and 50 % larger than in 2015, the second largest. (I do not have older figures.) This makes me optimistic that the May low will hold.
...
Forum: Commodities May 30th, 2019, 12:40 PM
Replies: 87
Views: 21,141
Posted By myrrdin
I do not trade according to fundamentals. In...

I do not trade according to fundamentals.

In my opinion, coffee will not make new lows until August (beginning of blooming), and orange juice will not make new lows until November.

In both...
Forum: Commodities May 30th, 2019, 09:42 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I understand that the evaluations are average....

I understand that the evaluations are average. The book is not easy to read. And the author does not give simple rules how to set up a trade. But he explains the concept of COT.

I do not know the...
Forum: Commodities May 30th, 2019, 01:08 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I do not consider crossing COT curves...

I do not consider crossing COT curves (commercials and speculators) as bullish or bearish - they do not influence my trading. If you are interested in my interpretation of COT data you could read the...
Forum: Commodities May 25th, 2019, 12:26 PM
Replies: 87
Views: 21,141
Posted By myrrdin
I consider COT data as bullish in case of...

I consider COT data as bullish in case of commericals being long and specs being short. To influence my trading, short / long positions of specs should be close to record.

To be clear: a record...
Forum: Commodities May 22nd, 2019, 06:06 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I currently hold long futures (and in the case of...

I currently hold long futures (and in the case of coffee short put options) in coffee, sugar, and orange juice.

For all these commodities COT data is bullish.

Prices of all these commodities...
Forum: Commodities April 17th, 2019, 11:39 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I sold my outright futures some time ago, and...

I sold my outright futures some time ago, and intend to buy them back on a clear turnaround. I still hold the short KCU P1.00 .

In case there is no move upwards within the next couple of weeks, I...
Forum: Commodities April 4th, 2019, 06:38 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I use the absolute figures for interpreting the...

I use the absolute figures for interpreting the COT data.

The short position of Large Specs has only once since 2006 (I do not have older data) been larger than now - that was in September of...
Forum: Commodities April 4th, 2019, 04:26 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I am still optimistic that coffee prices will be...

I am still optimistic that coffee prices will be above 100 earlier or later.

The crop of last year was huge, and this keeps prices down.

The crop of this year will be significantly smaller,...
Forum: Commodities April 3rd, 2019, 02:35 PM
Replies: 87
Views: 21,141
Posted By myrrdin
COT data is bullish, Seasonals are not reliable...

COT data is bullish, Seasonals are not reliable this year for cocoa, Supply & Demand is bullish.

I am happy with my put options which I had sold some time ago.

I definitely will not sell CC...
Forum: Commodities October 18th, 2018, 06:00 AM
Replies: 87
Views: 21,141
Posted By myrrdin
PS: If you are looking for a free daily...

PS: If you are looking for a free daily newsletter that gives good information on cotton: "This week in Grain" by John Payne from Daniels Trading is available for the public. It gives information on...
Forum: Commodities October 18th, 2018, 05:56 AM
Replies: 87
Views: 21,141
Posted By myrrdin
The OJ price at this time of the year depends a...

The OJ price at this time of the year depends a lot on the weather forecasts for Florida. Frost or no frost. In this year, the strength of the brazilian Real might help the OJ price, as it does for...
Forum: Commodities October 13th, 2018, 09:46 AM
Replies: 87
Views: 21,141
Posted By myrrdin
I hold a position in outright coffee futures for...

I hold a position in outright coffee futures for months, which got unter water recently. I added to the position at a price below 100, and, thus meanwhile the position is positive. I intend to hold...
Forum: Commodities September 29th, 2018, 03:20 AM
Replies: 87
Views: 21,141
Posted By myrrdin
Coffee currently trades around 100. One point...

Coffee currently trades around 100. One point corresponds to US$ 375.

The KCH C1.05 option, which is approx. at the money, closed at 7.59 yesterday. (I moved my options to the March contract, as...
Showing results 1 to 25 of 46

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