JSE 30-Day challenge: Day #2 NHM2nd Day.
I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row.
Goals:
1. Buy stocks every day.
2. Keep balance at least of ZAR150.000 on 20 June
2. At least 30% of picked up stocks need to hit 25% profit gain.
Rules:
Only JSE stock exchange.
The initial budget is ZAR300.000
Limit per one trade from ZAR5.000 to ZAR10.000
Spend no more than 1 hour per day to buy any stock and publish the idea.
Last day to buy stocks - 20 May
Last day to sell stocks - 20 June
Log:
1st day is JSE:MCG ~9100
2nd day is JSE:NHM ~8325
Platinumlong
PLAATINUM technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 PLATINUM technicaly based idea, technicaly indicators showing we can expect higher push up in price, expecting to see push in price till FIBO 0.6.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
PLATINUM FUTURES (PL1!) DailyDates in the future with the greatest probability for a price high or price low
PLATINUM FUTURES (PL1!) WeeklyDates in the future with the greatest probability for a price high or price low
PLATINUM FUTURES (PL1!) MonthlyDates in the future with the greatest probability for a price high or price low
PLATINUM (US$ / OZ) MonthlyDates in the future with the greatest probability for a price high or price low
PLATINUM expecting higher bulish continuation
ENTRY: 902
TP: 915
TP2: 927
TP3: 940
SL: 880
Chart time frame - 1d
Time for reaching TP - 1-3D
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Thanks on supporting!
All best!
platinum long Likely to see a consolidation next to this bottom reversal pattern as shown on the the Daily chart on the left.
on the right we see the 4hour chart where the price moves inside a descending channel giving a bullish divergence on the MACD , touching a buy zone of good support that has a bottom on 950 .
XPT SUPER SWING BUYOn the Weekly timeframe, this pair was on a descending trend, but the past year start making Higher Highs and Higher Lows, forming an ascending channel. the past days broke that descending trend line and the top of the ascending channel, made a retest of that lines and a resistance zone. Right now the price is bouncing on a strong resistance, but i think that got the strenght to broke that resistance, beacuse we got more confirmations to go long. To enter on a super swing trade we will wait to a close of the mentioned resistance zone, and wait for a formation of corrective structure on a lower timeframe to get the full confirmations that the price is going up.
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Platinum has just broken a 12 year downtrendA 12 year downtrend in platinum has just been broken. Initial targets are $1300 per oz and we will then take a view once this has been met.
PLG up on heavy volumePLG jumping today with volume of selling minimal and large recent buying by hedge funds and private investors. Can only hope for repeat of 2014.
IMPUY AMEX:PLG OTC:IMPUY
PLATINUM Golden CrossRecently platinum has broken the downtrend, and made a nice upward move setting up this golden cross on the weekly chart, its as simple as that.. upsides can be expected as a result of this. Happy New Year from Australia :D
Platinum eyes for highAfter move down a while ago, Platinum looks good to move up again before going down deeper.
Entrance: 890
Stop: 875
First target: 910
Final target: 929
Platinum: TA for VIP memberHere's requested TA for one of our V.I.P members. We're don't trade this CFD so this is purley technicals on the fly. Plat is one where you have a falling wedge that could develop and a break above the upper trendline that could be of interest. For now its choppy and the risk is in the immediate future since we're still declining in the longtime time frame and that will continue to fall to the downsie (ownside break). Trade at your own risk!
Lets see what happens with Platinum Commercials were in very heavy short positions. Now we are back to the zone before they got long before. Will this price interest them? Lets see if we can beat them this COT Friday..
IMO.... This is just a small bounce in a longer downtrend. Though this time last year we were very close to 1000. So I am torn.In the meantime- I will surly play the counter trade opportunities.
- SKYLOBSTER
Platinum- The rocket you wish you hopped on. After slicing the charts 100x different ways I am extremely bullish. Some of these targets are far out of reality, and don't make sense. By 2025 it will. But for the time being the gains shown are just approximations of where price will be somewhere in time. I did not incorporate how long it would take to get there. This is by no means financial advice, just some thoughts on a PRECIOUS metal thats a SAFE HAVEN, called PRECIOUS METAL, and they are PRECIOUS. For oh SO many reasons.
Platinum Long playXPT still has lot of resistance to clear. First thing to clear is the 200ema. We broke out of the short term triangle, We are at lows from 2009 which act as support. RSI is showing some bullish hl and hh. An option is to long on the retest of the short term triangle. This trade would be a half year-year hold.
Platinum LongPlatinum to Palladium ratio at historical low inside a descending terminal wedge. Key signal that higher Platinum and lower Palladium prices are due in the next phase of the move.
Long Platinum and Short Palladium here.
Momentum building (daily)Expanding upon my last published platinum chart by zooming in a bit. Conservatives may wait for a daily close, with confirmation, above the dotted blue trend line.
