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Volatility Is High In Coffee

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Coffee Futures---Coffee futures in the July contract is currently trading higher by 340 points at 102.50 a pound as this commodity has certainly experienced high volatility as yesterday we were down over 700 points at one time all based on dry weather in Brazil coupled with the fact that their weather forecast does not show frost.

I have been recommending a bullish position form around the 95.80 level & if you took that trade the stop loss has been raised to 92.65 as the chart structure will start to improve on a daily basis next week therefor the monetary risk will be lowered.

Coffee historically speaking is one of the most volatile commodities as it has experienced extremely low volatility over the last year as this sleeping giant finally looks to have woken up in my opinion as I still think prices will crack the 110 level in the coming days or weeks ahead.

Coffee is still trading above its 20 and 100 moving average as the trend is higher as I think yesterday was also blamed on profit-taking as prices have rallied about 15% from the 14 year low.

As I have talked about previous blogs I will not add to this position as coffee is one of the largest contracts out of the commodity sector so continue to play this to the upside while placing the proper stop loss.




If you are looking to contact Michael Seery (CTACOMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit

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About the author

Michael is the sole owner of SEERYFUTURES.COM which is a commodity futures and options consulting, advisory, and educational firm.

Michael frequently appears on multiple business networks including Bloomberg News, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He also writes market commentary for several commodity websites and is interviewed for commodity comments by the Wall Street Journal. He is also a guest on First Business, which is a national and internationally syndicated business show.
Michael started his career in 1990 at the Chicago Board of Trade as a runner. He soon worked his way up to becoming a Series 3 broker. He works with seasoned traders as well as novice beginners educating them on trading the futures markets as well as using simple and complex option strategies. Michael covers all markets including grains, metals, energies, and all other futures markets that are traded.
To Michael the biggest lesson any trader needs to learn is risk management. Michael believes this is the most important factor in trading. He also works with traders to help them determine the proper risk for their trading style. Michael has spent a lot of time educating his clients to help them understand trading strategies and trading techniques while enjoying spending quality time with customers going over the markets or just talking general trading philosophies.

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