HG why would anyone try to trade this junk metalthreatening to break out, but never fails to disappoint. Im sure theres a line somewhere that will tell me why.... Above 2.95 til Im wrong.
QC1! trade ideas
Copper possible monsterBig demand for indu metals. Or at least price is going up for some reason. Maybe suriv supply problems?
Been following this one for a while. Could be a time to buy again. I don't even remember how many times I got in and out in the last 3 months.
Not dozens either but more than once or twice.
Anyway in general they (real world use metals) go up this year.
A big scary rapid move down is exactly what I was waiting to see in this market. I hope other buyers got scared and removed their orders (and will buy higher when there won't be big scary moves)
Anyway with a RR huge like this I don't need to win often here.
Worth a shot imo.
Hg waiting and watching and over $3/lbNever seen a Copper bull market. Now would be interesting. Sorry forgot to draw lines. See if it can establish a lower high above 3.
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
$HG Copper take 2. Silver had a run why not Dr C.nice little flush and retest. Copper looks ready for a run above 3. Target around $3.80 Lets see if it trends.
R-0191 Intraday Commodity Future Buy COPPER SEP Intraday Commodity Future Buy COPPER SEP @521.45-521.65 SL 518.90 TGT 525.80
Above VWAP 521 and it remains that level we can expect more upside so go long.
R-0178 COPPER (SELL)Intraday Copper Futures AUG@520-521 SL 523.6 TGT 516.50
Breakdown from ichimoku cloud + TK crossover indicates BEARISH TREND
R-0173 COPPER(LONG)Intraday Commodity Future Buy COPPER AUG @532.2-532.4 SL 529.90 TGT 536.20
Above VWAP + TL cross over + MACD cross over
Shorting Dr. Copper - Can We Nail 6 in a Row?The Extreme Turn has been finding turning points in copper HGU2020 with a high success rate on a hot streak of 5 winners in a row. Today we're seeing a 2.5% move higher in copper to just under $3 and using the ET Sell signal on the 2H to fade the strength. Can we keep the streak alive?
Short HG 09-20 at 2.9790
$HG_F I reckon Dr Copper a chance of $3.80time for a commodity bull market and some inflation. $3.80 makes sense to start with as a target whilst the world 'rebuilds' post whatever this is.
