POISTIONAL MCX CALL DATE - 02/02/2021POISTIONAL MCX CALL DATE - 02/02/2021
BUY MCX COPPER @ 591 - 592
ADD MORE 585
STOP LOSS - 580 CLBS
TARGET - 600 605 610 615 NEW HIGH ++
@tradingandeducationsupport
Copperfutures
COPPER -Volatility inbound Most likely will rise (70%) chance, volatility inbound is guaranteed.
Asian stock markets rising fast = Copper demand can grow
Dollar issues = Copper can rise
= fundamentals are for Copper to rise, hence I am buying
COPPER - Approaching our first Take Profit LevelI like to set at least 4 take profit levels). Trading becomes really difficult unless you can have the power of patience and the power of taking profits gradually.
This way:
- you don't close in profit too early (oh fuck, i mad 200$ but if i had kept i could had made 2,000$)
- you do take profits along the way ensuring you make something (best trading habit)
- you can change the stop loss at entry (zero risk, you can also calculate the spreads and swaps and do it perfectly)
- if the market reverses against you after at least 1 of the 4 take profit levels has been checked you are guaranteed some profit. Which is still a winner
- you manage to finally create those long-lasting good trades that you opened 2 months ago but they still making you money
Patience is key, Planning is essential, Taking Profit gradually is the Winning Recipe.
ps. there is another element here. To correct your trades early and follow what the chart says. I had to change from sell to buy and I did that efficiently, which makes me happy.
COPPER - New flight inbound Copper price continues to form bullish waves to settle above 3.6400 and confirm the preparation of recording new targets in the near term and medium term basis, expecting to crawl positively towards 3.73 followed by attempting to press on the next barrier at 3.7880 to form the next station of the bullish bias.
The expected trend: Bullish
Copper = Industry (also a hedging opportunity)There is a direct correlation between the S&P 500 and copper performance and they generally move in the same direction.
Copper is much more closely aligned with global growth and demand, so if the global economy is expanding then demand for copper should increase.
In other words, if the stock markets correct or crash the price should drop (now at resistance)
If the stock markets rise more, then very simply Copper will follow.
Hedging idea :
60% Platinum buy (over it's resistance), 40% copper sell (under it's support).
Compound the winner gradually and follow the indices movement.
ps. the indices are most likely correcting, not crashing at this stage
COPPER- Offering us a second chance to SELLThis is our small chart for Copper.
As you can see from previous ideas we were able to sell it at a perfect time right on the mega-resistance . That level is a massive barrier that Copper will find great difficulty breaking.
The take profits are on our previous charts
Two senarios In Red of Black senarios mid term is steel growing but in long term lag of e or d happen.
COPPER - What a lovely morning ☕We called it, it happened.
Price hit the Mega-Resistance and bounced back down, already down 1,4% today. That was personally my biggest trade in value yesterday and it paid off. Stop losses are now at entry and risk is zero but the potential reward is huge, with several take profit levels in mind.
Technical analysis never lies.
COPPER- Our first 3 (of 5 ) take profit levelsWe take profit gradually, always.
Find on the chart our first 3 take profit levels
ps. it takes 1 take profit level for us to secure some profit and then have the stop loss at zero (entry) to secure a guaranteed profit. Try to do the same and your trading will become better. 💌
COPPER- Time for us to SELL We have been waiting for this alarm notification (i guess you know that tradingview can send you alarm notifications) for over a month now.
Well here we go: Time for us to sell Copper now
COPPER - (Almost) time to SELLcopper- approaching a major resistance level (the ALL TIME RESISTANCE LEVEL)
We will start opening some short positions here today but carefully because it still has room to rise another 2,5% before dropping massively
Copper SHORT; Gold / Copper and Wall Street's mass delusionCOMEX_MINI:QC1!
Like the title says; SELL it - SHORT!
Regarding Wall Street's conviction, the "check mark shaped recovery" and other tall tales ...
.... this is the summary post.
... and here is their "Copper delusion"
Let's try Reality! ...
... Shall we?!
The original Gold / Copper Ratio post
HGCOPPER - BUY - 4H SupportHGCOPPER - BUY - 4H Support
Buy @ Current/Market
Stop Loss @ 3.04211
Take Profit @ 3.19432
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🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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#Copper -New High #XCUUSD #Emobility First positive signal from copper.
New annual high was reached today.
Maybe primary wave 1 of cycle wave III is established.
Best regards from Hanover, Lower Saxony
Stefan Bode
Copper Daily; Still a Massive SHORT! - And has been since ...... since this post:
and this post:
and this post:
... and so on.
Many of you asked "what is our single largest current position?". That's easy: Short Copper. (and WTI Crude)
Copper Buy / Sell Based on FIBO / GANN Buy at 518.70 stop loss 516.80 Target 522.75 / 532
Fibonacci and Gann always rocks support us follow us and research with us
Copper Buy / Sell Based on FIBO / GANN Buy at 523.60 stop loss 522.50 Target 525.50 / 526.50
Sell at 527.80 Stop loss 529.30 Target 526.50 / 525.50
which ever entry triggers first then go that side and leave the other view
Fibonacci and Gann always rocks support us follow us and research with us
Copper Buy / Sell Based on FIBO / Gann - INTRADAYAs per my analysis copper is on sell so,
Sell at 530.50 and stop loss at 531.60 and expected targets 527.10 / 523.70
Fibonacci and Gann always rocks follow us , support us , research with us
Copper ComexAll you want to know about copper comex..
Trading Levels... Support Zones... Channel marked on the chart....
Happy Trading....
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Copper; SHORT (of the Century!)Start looking to bet the farm here SHORT because copper is starting to cough up blood
and it is going to 1.000 before this is all over!!
R-0203 Buy COPPER SEP @527.55-527.85 SL 525.80 TGT 531Intraday Commodity Future Buy COPPER SEP @527.55-527.85 SL 525.80 TGT 531
Tk cross over at 526 + above VWAP if stays above then we can see more upside
