Corn and Ethanol

[wayneL]

Canoz,

Other reasons I like futures... I like the non-correlation of returns. Stocks are highly correlated, even across sectors and a shake out will affect everything.

Using correct position sizing, this non-correlation reduces drawdown and it's drawdown that particularly messes with my head. It's my weakness and so I trade around that with both instrument and style.

Classic situation tonight.

Greedscam opens his big fat mouth about the bubblicious China bubble and 90% of my stock watchlist shed several points... across all sectors.

I don't like that.

In futures, grains, softs, oil etc didn't react at all. Only Equity indices moved as a result of that verbal offal

I like that.

 

[wayneL]

Just longed some Chicago wheat.

Corn still moribund.

 

[wayneL]

Well, I don't like to say unless I call it at the time. But one I'm "looking" at is NY Coffee. If it breaks out of this little micro-pennant, I might hop aboard.

It broke out of this little flag, so I'm in with a small position and will pyramid in if it breaks higher.

 

[legs]

Is there an ASX200 stock that can benefit from the possible increase in Ethanol usage or price increase of??? With the way oil the oil price is likely to head over the next 10 years and the possibility of Ethanol being used more in fuel mixes, i was wanting to put some stocks on my watch list.
Thanks

 

[Knobby22]

legs

Look at ARW.
It seems to finally be producing and is probably a good stock to buy at present and fits your criteria.

Knobby

 

[legs]

legs

Look at ARW.
It seems to finally be producing and is probably a good stock to buy at present and fits your criteria.

Knobby

Correct me if I am wrong but I believe they are not an ASX200 stock????

 

[Knobby22]

No, a bit small.

 

[ozambersand]

The obvious ASX200 company in ethanol is CSR.

CSR Ethanol is Australia’s number one manufacturer of ethanol products, supplying around half of the domestic ethanol market and exporting throughout the Asia Pacific region.

CSR produces its ethanol (ethyl alcohol) by fermenting molasses, a by-product of sugar production. CSR Ethanol’s Sarina Distillery in Queensland produces up to 60 million litres of 96% strength ethanol per year. Much of it goes to CSR’s Yarraville Distillery in Melbourne where it is further distilled to create 100% strength ethanol or blended to create a range of high-quality products.

http://www.csrethanol.com.au

I heard one comment that Ron Brierley's recent announcement of a large stake in CSR is because he wants the sugar part. However, the ethanol side of it would definitely be an added sweetener!

 

[daves2074]

Hi All,

I am new to Amibroker and wanted to get all sorts of commodity tickers into it.....can anyone please help with where i can either find a list of tickers, or import a preset up list. I want - metals,softs,agi,oil et all.

Cheers

 

[wayneL]

Hi All,

I am new to Amibroker and wanted to get all sorts of commodity tickers into it.....can anyone please help with where i can either find a list of tickers, or import a preset up list. I want - metals,softs,agi,oil et all.

Cheers

Depends who your data supplier is and whether they even supply commodities data at all.

Who is your data supplier.

 

[ajoz]

Hi All,

I am new to Amibroker and wanted to get all sorts of commodity tickers into it.....can anyone please help with where i can either find a list of tickers, or import a preset up list. I want - metals,softs,agi,oil et all.

Cheers

Try this link, I use them for EOD data.
http://www.premiumdata.net/

You can also try Yahoo
http://finance.yahoo.com/futures

 

[daves2074]

Thanks, yahoo finance has the tickers, however arent the futures changing every 3 months or so...how do i get the new tickers automatically when the futures contracts change month?

Cheers

 

[ajoz]

Thanks, yahoo finance has the tickers, however arent the futures changing every 3 months or so...how do i get the new tickers automatically when the futures contracts change month?

Cheers

I'd imagine you would have to manually change them. You can then also merge previous contracts in Amibroker to have a continuous history.

I am currently using a plugin from the following link to give me 10 min delayed real-time data for this which you might find useful.
http://www.integrity.co.id/amibroker-4-bei/

Of course you could subscribe to Premium Data and all this would be done automatically for you.

Cheers

 

[daves2074]

Thanks.


But, surely there is an easier way!

Can anyone help? I would like to have free EOD data for commodities market, and not have to manually update the ticker codes end of each contract...it that to much to ask?

cheers

 

[ajoz]

But, surely there is an easier way!
Can anyone help? I would like to have free EOD data for commodities market, and not have to manually update the ticker codes end of each contract...it that to much to ask?

Come on, at $30 a month from Premium Data you could say that it's almost free, a fraction of the profit from just one trade. What is you time worth?

 

[daves2074]

Spot on...i wasnt aware it was that cheap. i have signed up. problem solved. thanks all!