Get started
Copper FuturesCopper FuturesCopper Futures

Copper Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts Options

HG1! trade ideas

Copper. Triangle. Breakdown. Timeframe 1 month. Monopolization.Copper. Timeframe 1 month. A huge triangle has formed. Breakdown of the resistance of this formation. Notice how before the price rise they made a beautiful false breakdown. For strong growth, like the last time, it would be good if there was a rollback to the zone of the broken resistance of this formation. Complete development of the goal of the symmetrical triangle 13.23. The minimum goal is 10.1. Implementation until 2023 05 (this is relative time). But this is provided that the price does not fall below the mirror resistance level during a rollback (now it is already acting as a support). Also now there is a complete monopolization by playing with patents. All small participants in the prey will not survive. This patent game is what sparked this growth. Think what could happen in the world that would increase the demand for metal so much. Although even today negative dynamics is noted in the extractive sector. Alternatively, demand may remain as it is now or even less, but production due to certain events (not a "virus") may greatly decrease, which will provoke a very strong rise in prices (this applies to all minerals).
COMEX:HG1!
by SpartaBTC
9
Take a leaf from the words of Prophet ELIJAH And Elijah came to all the people, and said, “How long will you falter between two opinions? If the LORD is God, follow Him; but if Baal, follow him.” But the people answered him not a word.(1 Kings 18:21-New King James Version) If you spent some time and look up the other Bible versions, you will find similar words like “struggling, wavering, hobbling,limping, faltering, halting, hesitating “ in replacement of “falter” in the above verse. Each day, we are inundated with hundreds of decisions to be made. You set your alarm at 6 o’clock to go for a meeting. When the alarm sets off, do you hesitate to wake up? Do you think of sleeping 😴 in for another hour because you were drinking last night? It’s the pandemic 😷 season and boss is reducing headcount to save costs and your workload has increased but not your pay. You were not happy!Then, boss sent you a text message to work overtime this weekend because he needs some urgent data to be pull out to present to a new client. Do you struggle to say yes 👍 ?? In the game of trading and investment, every minute, hour, day , week, month and year; there are opportunities for you to take. Often, we hobbled between these decisions : To buy or not to To enter now or later To take profits first or wait some more To cut loose the losses or pray for miracles To short now or wait for signal To follow this or that author ✍️ or do my own research 🧐 To buy stocks or ETFs or crypto currency No wonder many retail traders suffer from insomnia, gastric pain, irritable 😡 mood swings, ulcers, etc. In short, STRESSED 😫!!! Every action that we take leads to some consequences and it is the latter, the unknown future that gives us no certainty that freaks us out. What if I buy now and it starts to drop? What if I short now and price keep going up??(Think Tesla :many short sellers busted their accounts) And how do we decide on our course of action? Imo, it is a mixture of our own intelligence , past behaviour that yields a certain results, what you read and got influenced, your state of emotions at that time and your goals. Intelligence here can means your own sense of logic. For example, you think 🤔 that current US stocks are overvalued and you shorted Apple , SPX500, etc. Past behaviour: trade forex lost money but got some good profits from stock so stick to stocks! What you read : the sensational media loves you to pour over what they published daily. The fear mongers who proclaimed market is going to crash! Your state of emotions: you receive your salary that day and you are in a good mood to invest! All decisions carry risks. period. Even inaction itself is a risk because sitting on the fence can means you missed a great opportunity, escape from the killer fall (think GameStop plunge)....... For me, I have a firm belief that God wants to prosper me beyond what my barn can hold like the sand in the 🌵 deserts or ⭐️ in the sky...... And each win, big or small stacks up higher and higher and my confidence grew little by little. The more I share my knowledge, the more I grow financially,,mentally and spiritually as well. Some may take actions after reading my posts, others like it and decide to do some research on their own while some others simply ignore it. And that is fine with me! We all learn differently. Identify your own learning styles and find one that suits you. Take a small trade and test our your hypothesis and you may be surprised that is the seeds to becoming the next millionaire!
COMEX:HG1!Long
by dchua1969
5
The mother of all blow-offs???R.N. Elliott was famous for saying that one of the hardest things about trading was believing what you were seeing, and that is currently the case with Copper. Copper currently appears to be in the midst of breaking out from a 14 YEAR CONTRACTING TRIANGLE! If this breakout succeeds, and it appears it has, it would portend the greatest bull run in copper in the history of the financial markets. It would also have massive ramification for the major averages as well. Taken to its logical conclusion, Equities would be primed for a blowoff top that would usher in the mother of all bear markets; a financial reset that has been decades in the making, and one that is necessary to clear the effects of the financial malfeasance perpetrated by central banksters around the world. As Copper climbs, so will bond yields and equity prices. However when the party ends, don't be that guy holding your glass over the empty punchbowl, cuz the party will be over!
COMEX:HG1!
by unforgiven
Gundlach ratio suggests 10 Year Yields will continue to climb. The Gundlach ratio tracks the ratio of copper prices to gold as an indicator of future US 10 Year Yields. Gundlach believes in the predictive value of the ratio since copper is sensitive to swings in the economy, while gold climbs when investors get frightened. You can see the correlation with the US 10 Year Yield rate is around at least 95% most of the time, although the correlation does loose connection, but then returns. Copper has been on a tear (especially since the Chinese returned from their Lunar Holiday) hitting a most recent high of 4.18 per lb, while Gold has dropped below $1800, bottoming at 1760 at the prospect on real yields becoming positive. This has increased the Gundlach ratio and you can see how US10Y rates have also been driven higher. With copper forecast to go even higher and Gold's future potentially a little less certain (especially as funds are diverted to Bitcoin) this bodes well for future higher 10 year rates.
COMEX:HG1!
by majicktrader
2
Traditional|HG1!|Long and shortLong and short HG1! Activation of the transaction only when the blue zone is fixed/broken. Working out the support and resistance levels of the triangle consolidation. * Possible closing of a trade before reaching the take/stop zone. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. The breakdown of the upper blue zone - long. Breakdown of the lower blue zone - short. Working out the stop when the price returns to the level after activation + fixing in the red zone. Blue zones - activation zones. Green zone - take zone. Red zone - stop zone. Orange arrows indicate the direction of the take. Red arrows indicate the direction of the stop. P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
COMEX:HG1!
by Henry_Ross
2
Copper is heading to a new ATHFundamentally, COMEX:HG1! has a potential with the new green economy and its new applications. China was the dominant consumer of it but in the next term, not a country or countries but a sector, including EVs, will dominate the market and prices. This is a long term prediction. I think current supply CAPEX is not enough for the next term. Thus, we can expect further real price increases in the next term. The chart is based on Wyckoffian method. I think this is a re-accumulation phase. The next step will be the sign of strength.
COMEX:HG1!Long
by Trader_Geist