Trend Traders: May 2014

Friday, May 9, 2014

Coffee - Beat The Twist of Bearish Harami - 09 May 2014 (Revised)

The Monthly Candle Stick has formed an absolute Bearish Harami Pattern

Pattern Psychology

After a strong uptrend the Bears step in and open the price lower than the previous day's close. The price finishes lower for the day and the Bulls are concerned and begin taking their profits.

Trendyaa Strategy

Trendyaa Strategy

There was a gap to be filled @ 183 on 4th April 2014 , First the prices bounced from 165 , again drop to 176 -where we initiated a buy call for target "193" - As highlighted in the snap shot... Coffee Cleared the "183" Crucial Resis and overshoot the target 193 to test "203" but we were prepared for that... That Gap had to be filled..

Todays Fall Though Technicals Weekly & Monthly are strong - Shaking the Weaker Hands.. Bearish Harami is a PERFECT Ingredient

Yes of course, Our target "148" is active - but this ain't that fall - Bearish Harami Confirms Shaking the Weaker hands.. Those who trade on fluke get kicked out..

Each & Every Action Has a equal & opposite reaction - Coffee Aggressive Spike is Imminent targeting "228" -230 is the grace, may be * from there 148 activates...

Trade Like a Band Wagon

Hope we have done exceptionally well in coffee from couple of months - She has earned lot for us & also the spread bet positions giving us momentum profits - hope it would not be a problem or there is no harm parking some money for the Margin..

Beat The Twist

Double or Triple your positions for rich Trading goal targeting "228" , don't close any positions anywhere else - its 228, if not the risk we take now wouldn't be worth it....

We remain a Buy 183 Target 228

Now @ 184.85

Reversal Strategy & Break down Pivot will be updated next week...**

Coffee Pattern Identified - Will Hold 182.80, Strategy & technicals will be updated in 10 mins 184 - 182.6 Acts as a sup & 228 - 230 is active before that UGLY Reversal target

Hold long coffee positions for now - dont close - We shall wait for pull back - even if trend reverses - pull back is a must

Hedge Is a must if coffee cracks below 182, its 172 - 165

Coffee - Fresh Levels will be Initiated

Will check whats happening real time & update in 20 mins

Crude Oil Momentum Call

Buy Oil @ 100.66 Target 101.66

Ltp - 100.70

Coffee - 190

Buy Buy Buy COFFEE here 190 those who already have positions add more - Momentum Target 195.50 above that 199 - 200 and positional target 222 - 224 - 230

Now @ 190.20

Thursday, May 8, 2014

MCX Crude Oil - 8th May 2014

Buy Crude @ or below 6003 , average level 5983 momentum target 6024 - 6048 Intraday/Positional target 6096 - 6118

now @ 6001

WTI - Crude Oil - Daily Trend - Strong Bullish

Traders can take more buy positions for the same target

CrudeOil - 08 May 2014

Buy Crude oil @ 100 for target 101.66 stops below 99.2

now @ 100.07

US COFFEE UPDATE - 8 May 2014

Coffee Has violated support 198 and cracked below 196 - Daily trend indicating bearish momentum in play targeting 189.8 however weekly and monthly trend is firm bullish

we are revising our target 222 to 228 - 230 , It isn't mandatory for coffee prices to test 190, so it can spike / bounce anytime - may be from current levels also

Now @ 196.20

If get downside level add more pos

US #COCOA Sell call - 1st target hit @ 2858 low 2849 now @ 2856 , next target 2828

Sell Silver - XAGUSD

Sell Silver b/w 19.20 avg 19.30 target 19 - 18.70

Sell Sell Sell GOLD - XAUUSD

Sell gold @ 1290 for target 1260

Risk appetite traders go for current mkt price

Wednesday, May 7, 2014

FB / GMCR / AMZN / SRPT / YHOO / PCLN Update - 07 May 2014

$FB Cracks 57.32 now watch for 56.65 - 56.06 later 52.20 - 50.20

Trendya Multibagger target active @ "44"

$GMCR Now 91.71 Target active @ 88.72 - 86.66

$AMZN 304 Sell Call Bang Bang Bang on target, days low 287.15 Well this isn't over as "276" coming

$SRPT 34.15, Target active @ 32.70

$YHOO Vooo Hoooo!! Now @ 34.25 down by more than -6% for the day, Babe eyes @ 30.80 - 30.20!

$PCLN target active @ 1086 of 1186 sell call

SPX Price Action - Trading Levels - Strategy Update - 07 May 2014

As of daily price levels below 1870 target was capped @ 1861.60 - 1857.85 of which 1st target achieved.. Daily Technicals suggests some downside pressure exists but some of major indicators are taking supp

Current Resistance @ 1866.65 - 1874 reversal above 1878

As of weekly Support holds @ 1855 below that likely to test 1844 - 1836 Which once again acts as strong support which could make way for a final exhaust rally to top @ 1906 - 1918

The breakdown level of the pattern is @ "1806"

Now @ 1866.65

COFFEE BEARS CAUTIOUS WITH 230 SELL LEVEL

STRATEGY CHANGES, AS PER THE COURSE OF PRICE ACTION IN REAL TIME

US COFFEE - 07 May 2014

Coffee has been coiling up for a aggressive break out towards target "222" from current levels "202", Though technicals were bullish all along, coffee bulls were not able to push prices higher... and now the technicals are still bullish and we cannot apply "WHEN ITS TIME PRICES REVERSE" strategy here..

Here what works is "Each & every action has a equal and opposite reaction"

Coffee Bulls Eyes @ 211 - 222 Intraday - If miss Positional

US COCOA Watch for 2923 Resistance - target 2858 - 2838

US Cocoa Fut may test 2838 - 2858 before that 3013 - 3092

Now @ 2908

Reversal - Only above 2954

US Cocoa Futures - Jul 14 (CCN4) - This is the Follow up of earlier strategy

Best Buy & sup @ 2953 - Resistance @ 2983 a break above 3013 upside @ 3078 - 3108 a crack below 2923 downside capped @ 2858 - 2828 squaring our level "2832" as per objective initiated on 12 Apr 2014

Now @ 2908.50

GOLD Double Topp @ 1314.70 - Sell call active & intact for same targets

Add More Gold - XAUUSD Short Positions @ 1308

Add more gold short positions @ 1308 for target 1292, The prev position taken @ 1310 - 1315 wait for target 1288 - 1287

Now @ 1307.8

U.S. Stocks Slide as Twitter Leads Sell off in Technology!!

Successful #Trader's Knows how to identify the proper high #profit margin entry that most people NEVER SEE. Enter Before Others....

This is how we get PAID?? Well, thats what i SAID!!

My middle finger for all the so called #PRO's #Expert's who are dumb struck for now, as #TWTR Tumbles more than (-17.14%) for the day , Now trading @ 31.80 -6.88 Surprised u #BULLS?

Well, we aren't... Hell yeah!! V Called it Days & Month's ago...

U.S. Stocks Slide as #Twitter Leads #Selloff in Technology

#TWTR to Crash targeting "25.08" 1st & 2nd alert initiated back to back on 27th Mar - 3 Apr 2014 while prices were @ 45 & 66

Tuesday, May 6, 2014

USDX - Dollar Index Revised Alert

Support for DXY is b/w 78.86 - 79.15 break down level 78.52 above 79.80 likely to test 80.48 - 81.30 - 81.65

78.52 - 80.48 is the range for now

US Dollar Index - Most Likely to take support @ 79.15

Days Low - 79.14 Now @ 79.16 - Its a buy for target 81.65

Monday, May 5, 2014

Crude Oil will find support b/w 99.12 - 98.88 and bounce towards target 100.88

Coffee momentum update - Now @ 206.4

Support for now 202 - 204.78 above 207.54 target 210.30

Gold Losing steam

Gold 1309.30 on its way towards target 1294 - 1287

$TSLA - Intraday - Momentum - Weekly Update

Best Buy & sup @ 212 - 214 above 216 likely to hit target 220.7 - 222.8 below 209.8 downside capped @ 205.15 - 203.05

Daily - weekly - Bullish

Monthly - Bearish

Tape

203 <<===>> 223

MCX CrudeOil - Positional Call

Buy Crude oil @ or on dips 5996 Intraday/Positional Target 6048 - 6099 - 6152 stops below 5948

Now @ 6004

Coffee - Intraday - Momentum Update

Coffee above 205.65 Intraday Momentum target @ 210.30

Now @ 204.7

Crude Oil Strategy - 05 May 2014

Crude Oil Daily Trend - Bullish

Likely to find support @ 99.12 and bounce to 100.88

Buy Oil b/w 99.12 - 99.45 target 100.88 - 101.66 stops below 98.4

Now @ 99.54

$XAGUSD sell @ 19.68 momentum target 19.34 stops above 19.86 $SI_F $Silver

Coffee - Weekly Trading Strategy - 05 May 2014

Coffee Daily technicals suggests indicators taking support on the channel line - While weekly Indicators are still sustaining in the bullish zone however monthly trend is exhausting..

Best Buy & Sup 201 Resistance 205.65 A break above 210.30 upside target capped @ 219.4 - 224 however a crack below 196 downside @ 187.6

Buy on dips b/w 201 - 196.5 If get for target 220 - 224

Now @ 202.65

Gold - Crude Oil - Real time Positions - Pos taken pre week

MCX Silver - 5th May 2014

Actual resistance & best short level b/w 41914 - 42429 target 41399 - 40885

Now @ 42089

Strategy - Sell @ or if get 42399 target 41399 stops 42915 reversal target 43578 - 44092

Silver - XAGUSD - Weekly Trading Levels & Strategy - 05 May 2014

Silver weekly technical indicators are settling comfortably on support channels as it looks, however RSI has some room for downside...

Best Buy & Supp for the week 19 Resistance 19.34 a break above 19.68 upside target capped @ 20.20 however a crack below 18.66 downside capped @ 18.20

Strategy - Sell @ 19.68 (2 or 3 lots) close momentum short @ 19.34 and 19 hold another for 18.70

Now @ 19.57

Gold Trading Levels & Strategy for the week ahead - 05 May 2014

Gold Weekly trend remains bearish as per previous weeks alert - while daily indicators are already facing resistance - though 1302 sell call stops has violated @ 1307, however sell call for target 1288 is still active & intact with some small slight changes in the levels..

Those who are short @ 1302 can add or average pos above 1307 or @ 1316 for the same target 1294 - 1287

Ltp - 1308.2