I'm posting Coffee trade one more time because I've been waiting for this day for the last 3 months. The previous posts are here, here and here. The last 3 days have proven that the downtrend is broken now. The very strong positive divergences in the weekly and the daily time frames suggest much higher prices from here to get the indicators back to neutral. I have been reading very bullish news on coffee on websites specific for coffee traders. Just ask me if you are interested. Hope it helps.
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Monday, 22 April 2013
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