Hi guys;
I have just looked at the charts of these two soft commodities, and it seems like they are a good buy!!! I have never traded these commodities before and I don't want to count just on the chart to make a move, any advice???
Thnx
Hi guys;
I have just looked at the charts of these two soft commodities, and it seems like they are a good buy!!! I have never traded these commodities before and I don't want to count just on the chart to make a move, any advice???
Thnx
I'm trying to stick to a few markets only so will pass on your advice.
Sugar and Coffee will always be in demand, and a good way to monitor this is to stay close to global weather news.
I'm a coffee person and can't get my day going without a cup of Coffee, I'm also sure that many people is addicted like me with this legal Dose.
It can be a very direction if you do your research as the demand is ever high as more and more people start drinking Coffee , i would follow medical News in case someone discover that coffee will kill you. if not otherwise is a sure Bet .
If you are going to go into Coffee you better be watching the news and follow everything that would impact the prices,
Here a small list of what you should be aware of.
- Weather condition
- Geo political tension on the country which produce the coffee
- Transport cost and oil price .
This 3 point would sled more light for you in term of value and reduce your risk.
Good luck .
Coffee is a good idea but Sugar is very much risky, as country can limit and control the supply , but Coffee is more like a open market product.
Which country would have the best coffee for investment, and if one were to invest where should he start and what should he be looking out for.
any good advice out there.