PL1! trade ideas
Traditional|PL1!|Long and shortLong and short PL1!
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
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.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
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.
Platinum ready to breakout from it's bull flagPlatinum took a pause after hitting the 1300s. Since then it has been moving in a triangular wedge. But it seems that the bull penant is almost done. and its ready to breakout. Fundamentally, the news that the BIden administration is going to reduce carbon emissions by 50% indicates a lot of electrodes, storage devices, infrastructure spend are on the way. That can only mean, that platinum is in for a massive breakout over the next few trading sessions. Is today the Day? might be. I am buying platinum.
Platinum: Will resistance become support.???F/u form July 2020 when I suggest a rise to the horizontal dashed resistance level.(see link below). This was hit recently and price has now dropped back to the long term downtrend line. ?? Will it become support? What do you think?
Platinum Trade Set UpHello community. When you study the pattern at point 1, you will notice the bearish structure for the upside. This is the same with point 2. Now we are in a similar pattern at point 3, I expect the pattern to complete itself for more upside. Don't miss the bullish move, so like, comment and follow for more updates. Trade with profits.
Platinum. Go long after pullback currently. As Previously discussed, the price of PL pulled back till 1230. Is the pullback done? I do not think so, This is going to pullback till 1220, take a breather, and then go all the way to 1140-1150 zone before resuming its next leg up
Platinum. Go long with pullback currently. Platinum deep pullback. buy dip. key support levels to keep in mind": 1200, 1240, 1260
$PL1! Platinum Futures. Would love to see a test of $1040Wishful thinking perhaps, but a test of $1040 support and then a move up will be very bullish for platinum. Lots of upside potential here.
No selling started at the POC so Platinum seams to go higherLooking forward for further long entries on pullbacks to the POC
The Platinum-Gold-Ratio just broke out of a long downtrend The Platinum-Gold-Ratio just broke out of a decade-long downtrend. Expect Platinum prices to pick up in the longer term
Platinum - 2nd Target achieved ✔️✔️This was our FIRST VIDEO of the year , maybe watch it now if you haven't already. Trading 101 paid profits and dividends twice.
Now let's go for more - 2 target profits left: here
My friend Kaush says that:
It’s 8% away from its 20 ema
it’s pullbacks have been roughly 13%
in the past max it’s gone is 10% away from its 20 ema before doing a pullback
What does that mean? Well, it is basically a train going 300 miles per hour. Hard to get on it, happy to be on it. The secret is to buy the dips at the right price (that's why we share with you here).
what's next? #platinumlongterm 👈
Platinum- new trend set Platinum reached in early times (before E-Cars Hype) prices around 1800.
Long term consolidation done.
Now, all prepared for rising prices, especially also in Miners.
Potential around 60% in Basis, means 300-500% in MIners.
Dan
01-02-2021
Platinum's Daily Point and Figure ChartAnother platinum chart with 1500$ target. Point and figure constructs very clear for this metal.
Cup and HandleWas invalidated in theory when handle low went below mid cup.
Use your own judgement.
Not a recommendation
Reversing Short to Long at 1051.0Stop: 1000.0
Our reversal trade was invalidated and we are no looking for continuation to the upside similar to our reversal trade in mid-November.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
