Chart Idea - PL Swing Long SetupEntry: 990
SL: 950
TP: 1185
RR: 5:1
Not a Financial Advice!!!
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Smart Money Positioned to LONG Platinum - COT StrategyDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.
COT Strategy
LONG
Platinum (PL)
My COT strategy has me on alert for long
WHATS FLOWING!?: GBPAUD (SQUEEZE???) NZDJPY + CADJPY, & PLATINUMOANDA:GBPAUD
OANDA:NZDJPY
FX:CADJPY
NYMEX:PLV2024
Idea Description (Video #3):
In today's episode of What's Flowing, I cover a range of opportunities in both currencies and commodities. I analyze the NZDJPY and CADJPY pairs, offering insights into their current market trends and pot
Palladium Rebounds at Key Demand Zone: A Bullish ReversalPalladium has recently experienced a significant rebound at a key demand area around $913, which could mark the beginning of a potential reversal. This price level has historically served as strong support, and its recent behavior suggests a shift in market sentiment.
In addition to this technical
PL: LongPL is making higher high and higher lows
There is no divergence and trend will likely to continue
Trend: Uptrend
SL: 950
EP:967
TP:990 (one of the last lower high, if it brakes this then the next target will be 1040
Risk to reward has been kept at 1:1.5
8.18.2024 Weekend Pre-Market Analysis Platinum Platinum pre-market analysis.
Setup out zones and levels to prep for the week ahead on Platinum.
Look for structure setup on the lower timeframes to get into the trade.
8.3.2024 Platinum Weekend Pre Market AnalysisIt's the weekend. I like to go out to my larger charts and clean off the entire chart and start analyzing the instrument for next weeks trading.
We know that price is going to move up or down from where it currently is located, so we just need to make up a game plan to trade it..
Looking out at t
PL1! shortLooks like buyers are stepping in at the moment, still not ready to go down to participate yet but gonna keep my eyes on it.
Bullish on PL1!Looking at this market it seems to be on the bullish side, despite the fact that multiple stage 1's (wyckoff, consolidation, etc)has occurred. Just waiting for the buyers to step in then i'll pay alil more attention to see if there is a possible entry. But if it breaks below that starting point of t
Platinum looking GREAT for upside to 1,117Platinum analysis is looking great for a (Long) Buy
And I am sure many platinum companies will follow with it.
Pattern:
Cup and Handle - Broken above
Falling Wedge - Broken above
Entry 1,019
Stop loss 971
Take profit 1,117
NATURE: HPT (High Probability Trade)
Price>20
Price>200
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Platinum Futures (Jul 2024) is Jul 29, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Platinum Futures (Jul 2024) before Jul 29, 2024.