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XPDUSD

Platinum about to lift off? These two markets look interesting together because of the similar price action. Notice how rice was in a descending triangle followed by a breakout. These are typically bearish patterns, but not always, clearly. I believe platinum is in the same consolidation phase before it breaks out. Notice it took rice approximately two years to break out from its established support. Platinum seems like it's on the verge of doing the same. I've seen some traders present shorting opportunities in platinum. I think that's a big mistake. Other than that, what does platinum have to do with rice? I'd say nothing. There is no inverse or positive correlation whatsoever. Perhaps there is something more between the two, but that is not the point of the analysis.
OANDA:XPTUSDLong
by Lanmar
1
PALLADIUM/XPDUSD - D - LONG - TDIIt's an unusual trade. Everytime we open a trade we look at the bigger picture. In case of Palladium, it's already very high, close to highest price of history. So this is not a usual place to buy. But this is because it's not a usual place to buy that's we open a LONG. We have a breakout on daily, confirmed by 4H. We could see a retest of previous high around 915. Stoploss is here to stop bleeding if we are wrong (and with the market, we can always expect to be wrong!). Trade with care! GL HF
OANDA:XPDUSDLong
by Bastosai
Metals, upWhilst looking up at my trades -- and the technical outlooks -- of the market beforehand the NFP, several of them suggested a further decline on the Dollar. Meaning, bad NFP number; an increase on the annual wage growth would then be the only data that could save data. But no... NFP sealed the fate of Dollar. Beforehand the actual release of the data, I entered an order for this metal. I was not able to update my trade analysis as it was not on schedule and this is my first time trading other metals aside from gold and silver. I am now broadening my market.
FX_IDC:XPDUSDLong
by bearvsbullmarket
Palladium -- Missed Last Entry But Here Is Another ChanceI missed my entry on the past idea (linked below) as I was hoping to get in from the top of the potential Cypher rather than using the AB=CD for my entry. Oh well. Here is a 2618 set-up after the double top it formed last week. It is also the completion of the faux AB=CD patterns shown on the chart . It seems to me a good place to short. I would love to hear your thoughts. Good luck! (Don't use this as a trading signal -- I am rookie!)
OANDA:XPDUSDShort
by SharkbaitAl
Palladium: Bearish AB=CD Into Bullish Cypher?I am looking to enter a short on Palladium in the near future for the completion of the AB=CD pattern shown on the chart. Today has been an extremely bullish day although it seems like it may have finally taken a breather around 782. I will likely be looking for entries on lower time frames which correspond with this longer time frame idea once I have seen rejection in the PRZ as the stop losses for these ideas when trading Palladium contracts is rather large. Be patient and always wait for additional confluences and confirmation! Please do not regard this trade as a signal -- I am still relatively new to trading and these are only my personal views and ideas! Good luck!
OANDA:XPDUSDShort
by SharkbaitAl
XPDUSD: Monitoring the declinePalladium has an interesting chart, and bullish potential. Right now there's an active 'Time at mode' signal which points to a 7 bar decline which is already active. The time and price target implies that we will see 600.556 hit by November 3rd or sooner. If that doesn't happen, we get a bullish signal. There's already a bearish failure, since bears didn't manage to replicate the range of the decline that happened 3 days ago, so it's likely to see a reversal here. Keep an eye on it. I'll update it once it's safe to go long. Good luck, Ivan Labrie.
OANDA:XPDUSDLong
by IvanLabrie