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You bring up some great points about the auto spreading. Yeah im trying my damndest to get a job lined up at the MGEX so I can arb between the pit and the screen. I wish I was 18 right now and I would just pack up my bags and leave for minneapolis but no such luck lol! I actually have half a...

FT I dont know man, im just looking at a chart of feb crude here and it looks pretty damn toppy to me.....but I have been wrong before. Although crude supplies did drop by 7.6 million barrels that is an easily manipulated number. Think about it, crude imports dropped by almost a million...

Anybody got any thoughts on feb crude? Im starting to think its headed lower but who knows.

A few closing comments: Coffee settled down about .85 to 133.35. These son of a bitches just can't take it any lower than 133. I think everybody in coffee is just waiting on the jan 8 crop report. This is the only piece of fundamental input that the market will look forward to. Until then...

futuresRX Cool journal you have going. Are you going to strictly be sticking to forex? Will there be any livestock trades you make? Good Trading

Everything working according to plan so far today. Coffee falling nicely! Still holding on tight for now. Was looking for a close below 132 so I could add to my position but no such luck. News was funds started dumping positions and we hit lots of stops. No volume at all today!!! A close...

This is such a bias question in the first place guys. I mean you have that one guy who said the whole market is going efficient and the more quant stratagies you have the better you are. He said that 90% of trading is black box and modeling. He said the days of a street hungary kid going on...

Actually there is plenty of crude under her farm. The reserves are plentiful and there already is a drilling company creating roads, clearing trees, etc before they start taking massive amounts of oil out of the farm. She doesn't have to pay for anything to get the oil out of the ground and...

Nice thread going on here. I will be graduating high school next year so its given me some good advice on what to do after high school. I honestly think college is by far the biggest scam in the world! Although I do think it is important to have that "piece of paper" I don't think it is at...

Lol yeah speaking of that.....I have a spanish teacher who is just dumb as a box of rocks at my high school I go to. Anyway she is from kentucky and they found oil and natty gas reserves underneath her old tobacco farm she grew up at in kentucky. Out of all people I never thought something...

Acronym I agree with you here. Im short march at 134.25. Huge coffee crop on its way. Vietnam just got done harvesting a great crop. Brazil continues to get nice rains for the budding trees. Exports this week slowed. This past weeks price action like you said is not very impressive imo...

Sugar traded a little lower early in the session and then caught a bid. Closed up a few ticks I think. Still short my 2 coffee at 134.25. Closed up a little to 133.85. I will short another when we can trade down to 133 or so. OJ finally broke today. Down 2.60 at 148.70. I heard it...

I would be careful on getting long coffee at these levels. I think we are gonna see a bearish report on jan 8 for the new crop. We are also technically at the top of a long term trading range on the weekly chart. No opinion on cocoa Happy Holidays to you!

rzepe5 Thanks for the help. Yeah I doubt UC and NW would want me. Im just a farm kid from Iowa with a 3.0 gpa. But what about depaul and loyola? Some of the traders I know in chicago have said these are pretty good school too. Are they both equally hard to get into or is one harder than...

By the way does anybody know of some good colleges in chicago? (Ones that you don't need to be half genius to get into). The reason for me asking is that im taking my ACT in Feb and I have to put down a few colleges to send my scores to after I take it. I would really like to go to school in...

Shorted another coffee at 133.50. Closed at 133.75. Average is 2 at 134.25. Exports slowed down this week and I think guys are taking their money. One coffee trader I talked to said that it looked like longterm liquidation to him. That should be bullish for my position. Im hearing more and...

Exactly!!! Lets get back to trading huh?

Yeah holidays really suck for commodities especially the physical ones. Hardly any volume and the market can just go wacko. So I wouldn't call it a sleeper lol. I still trade during the holidays though. Main reason is I just can't go that long without being in the markets lol! So when...

Sugar popped hard today. Market just doesn't want to quit. Funds getting long and looking to make sugar a bigger part of their portfolio next year. Im looking to get long big time this market! I think this thing is a winner and just need to find a nice level to accumulate lots of contracts...

17 years old. Gonna be depressed once I reach 20 lol!