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Coffee_setup

Coffe fundamental analysis-The strong increase in coffee prices is due to the strengthening of BRL and the fear of frost -The Brazilian hurricane delayed harvest, which could lead to a deterioration in crop quality -Coffee consumption has risen to historic highs, but it is not yet visible at coffee bars -Farmers receive only 10% of the final consumer price, so they don't get too much from growing demand -In contrast, large coffee makers such as Nestle or Starbucks generate huge profits -This year, the International Coffee Organization ( ICO ) reduced the surplus by 7.5% to 3.4 million bags. -From the market situation we can see that long positions increased while short positions decreased -Coffe stocks in American ports fell, a similar situation in 2013 followed by a strong coffee exchange rally -Farmers receive only 10% of the wholesale price of coffee . Current low prices may cause some South American farmers to collapse. In the long run, this can support a rise in coffee prices. -After several months of coffee reserves in American ports, this may remind us of the situation in 2013 and 2014. -I set my first tp at 120, second at 125, i show only my second tp at my chart, but I think you can set to 150 or more.
ICEUS:KC1!Long
by LszlRakonczai
4
'BUY' AND STOCK UP ON COFFEE, WATCH IT GROW FOR YEARS TO COME!Thought i would not find a market more promising for the future than platinum but i've been proven otherwise. Coffee is lower than it has ever been in it's life cycle and can only imagine this is the end of downtrend and may form a wick around 1.0100 where expected to bottom out and start headed upwards. Do not miss out on a great buying up opportunity and watch your investment grow in years to come. I bought in with a relatively small buy and watching market closely waiting for trend reversal confirmation before adding a larger buy. I suggest working on the monthly view (1M) timeframe, using the MACD, Stoch RSI and CM_Ultimate_MA__MTF_V2 (combo of multiple indicators created by someone and accessible if you have pro account on tradingview). Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire.
NYMEX:KT1!Long
by Dani0
1
Coffee just woke up, at least in the short termSo no breakout... instead a rejection, which means I'm switching bias! Who thinks the rally we saw in coffee last week will form the year low? Possible ins't it? I'm still overall bearish, but based on the reaction we saw from support at 113, I think we'll see a retracement before we get back down below the current year low. Since we saw this reaction off the edge of the range, it makes sense to retrace higher a little further to the next resistance level (a higher consolidation). Well, at least in the short term that's what it looks like. my upside target on the fib is 124, and you can see the buy zone below 118.70. I bet you're wondering what happens if it burns lower through the buy zone? Then it's my second loss on this pair in as many weeks, and I'll go chill on the beach :D What's your opinion, up, down, sideways? Share your charts, and comments below! Would love to hear what you think! :) Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
KLong
by TheBadPanda