Get started
CFDs on CopperCFDs on CopperCFDs on Copper

CFDs on Copper

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

COPPER trade ideas

Copper on the riseAfter the range breakout on Tuesday, Copper has been rallying higher. Traders refer to this market as Doctor Copper since it indicates economic health. I plotted the correlation to the S&P500 below the chart and the positive correlation between the two markets is visible most of the time. The 4.4 area above the current price is a significant Supply area although the price level is still some distance away. With CPI coming out later today, big moves on Copper ahead of the release are not likely. Lower-than-expected CPI data will probably lead to a stock rally and drag up copper. The moving averages point upwards after crossing mid-December to the bullish side. Copper trades above the Monthly Pivot which is typically considered a bullish sign. A surprise in CPI data could lead to a correction and return the price to a retest of the range highs at 3.9.
CAPITALCOM:COPPER
by Tradeciety
Call a COPPER!!Trade Idea: Buying Copper Reasoning: Double bottom formation Entry Level: 3.8018 Take Profit Level: 3.8579 Stop Loss: 3.7818 Risk/Reward: 2.8:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis, as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FX:COPPERLong
by Signal_Centre
New trading strategy upgrade - Copper Set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my trading plan. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Action - using Price movement only, your comments are highly welcome. Message privately for a 1:1 training program - Price Action Strategy. Trade well & Good luck guys.
FX:COPPERShort
by QQGuo-Shane
New trading strategy upgrade - Copper Set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my trading plan. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - using Price movement only, your comments are highly welcome. Message privately for my 1:1 training program - Price Auction Strategy. Trade well & Good luck guys.
FX:COPPERShort
by QQGuo-Shane
Bearish Copper Macro BiasMacro headwinds for copper and a measurement of "the state of the economy" are not looking too bright. This trade setup has almost the best technical setups as I have ever seen, the only one lacking would be a three, or four-drive bearish impulse, where as we see here, we only have 2 drives BUT our monthly timeframe analysis allows for divergence to play out as such for bearish continuation, as it is macro timeframe analysis. Short-term bulish retracement with bearish bias from "premium" fibonacci levels (>0.5 to 0.786) Bear flag trade setup valid if weekly bullish structure breaks if monthly premium not reached Confluence for a short trade: Deviation above previous range/structure highs RSI bearish divergence upon deviation Reversal zone signal prior to divergence lock-in (strong) SFP liquidity grab at the highs Bearish market-structure break, creating a liquidity gap candle Retracement into a premium features a bearish orderblock, fair value gap, and breaker candle at range highs Trend end candles printed RSI bearish divergence reclaiming 70 level (strong) PEPE (Strong x5) Macro Quasimodo level as confluence point of interest if price tries to break above range temporarily Bear-flag weekly structure Why so serious?
CAPITALCOM:COPPERShort
by TraderArgo
What's Next on Copper Intraday H&S?The aforementioned Asset Re: Copper displays a possible bearish intraday set-up. All things considered (Methodology, + Risk strategy), should this set-up become validated, this trader will revert to correlated assets i.e., XAUUSD and co-correlated assets of XAUUSD i.e., XAGUSD, AUDUSD, NZDUSD, EURUSD and GBPUSD, for similar set-ups and entries within the annotated and technical direction. Ps: Not intended as a form of financial advice, but merely reflects the opinions of a retail speculator.
PEPPERSTONE:COPPER
by UnknownUnicorn34908408
New trading strategy upgrade - Copper Set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my trading plan. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - using Price movement only, your comments are highly welcome. Message privately for my 1:1 training program - Price Auction Strategy. Trade well & Good luck guys.
FX:COPPERLong
by QQGuo-Shane
New trading strategy upgrade Set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my trading plan. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - using Price movement only, your comments are highly welcome. Message privately for my 1:1 training program - Price Auction Strategy. Trade well & Good luck guys.
FX:COPPERLong
by QQGuo-Shane
Copper, Weekly (log), The 2008 AnalogyLet's see what the 2008 analogy says about the next thing. Currently, we can observe a similarity in many charts, e.g., the S&P 500 index, VIX, gold, and USOIL / UKOIL, to what was happening in 2008. Copper is no exception, and the analogy indicates copper's price decline. If the price follows it perfectly, the declines may end in the second zone. But I do not expect such accuracy; there is also the closer (first) zone, which can bring it on. I will write no more about it, why it may happen. Check out the related ideas.
CAPITALCOM:COPPERShort
by MichaelFX_ICT
New trading strategy upgrade - Copper Set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Message privately for my 1:1 training program - Price Auction Strategy. Trade well & Good luck guys.
FX:COPPERLong
by QQGuo-Shane
Dr. Copper: Melt-Up Has BegunMassive daily green candle broke out of 3-month pennant and gaussian channel after bouncing off multiple moving averages, most importantly the 200 week SMA. The move also has the highest volume since March. Long RSI trend has been broken too. Back in July, I called for a bottom and an accumulation phase for copper (See Below). It played out. Price needs to take out the August high to confirm that it's out of accumulation phase, but with such strong momentum, it wouldn't be surprising if price disrespects it on Monday next week.
CAPITALCOM:COPPERLong
by Indotermes
1
New trading strategy upgrade - Copper This is what my training program teaches this week. Using my Price Auction to plan and trade whatever you want to trading on the chart world. Copper is giving a very strong sign to turn around going up, but set up your SL and rule yourself following our discipline. Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Message privately for my 1:1 training program - Price Auction Strategy. Trade well & Good luck guys.
FX:COPPERLong
by QQGuo-Shane
Copper analysis and ideas: Will bears come back?Copper prices may remain under pressure in the coming months due to investors' apprehension about China's growth prospects in the wake of the 20th National Congress of the Chinese Communist Party, which disappointed the market. Since September, copper prices have fluctuated within a relatively narrow range (3.2-3.6) after the earlier sharp declines occurred this year. The long-term case for copper remains strong, as it is a key metal for the energy transition and global inventories are currently very low. However, one of the main challenges it faces in the near future is its dependence on China’s economic growth. The brown metal will remain under pressure unless China announces new growth-friendly economic policies to counteract the predicted slowdown in the country’s economy. However, the latest China Party Congress appears to prefer fostering sustainable growth and giving more importance to inequality, national security, and ideological matters. Copper bull markets have historically coincided with periods of extraordinary global growth, driven primarily by China. We have now reached a crossroads in that regard, and if China is unable to maintain high and consistent economic growth, copper will have to wait for a new global wave of coordinated investments toward the development of renewables and green energy. However, given the issues with inflation and rising interest rates that we are currently facing, it may still be years before the transition fully takes hold on a global scale. This could take the price of copper subdued for longer. When we look at the daily chart, we can see that some bearish pressure was forming near the 78.6% Fibonacci retracement level of the 2022 range. Also the 50-day moving average has been a quite strong dynamic resistance later. The technical picture remains overall on the bearish foot, and copper needs to clear the 2022 trendline at around $3.75 and then cross the psychological $4.00 mark before materially inverting the downtrend.
CAPITALCOM:COPPER
by Capitalcom