Possible bearish flag?Hi, I see a possible bearish flag.. What do you guys think?by MarcellusKowolskyPublished 2
Is Market ready for that SHORT?Posted some days ago that palladium may be ready to drop. It is my opinion that we are indeed ready and a drop may have kicked in. For observational purposes, trade at your own risk... Check linked ideas for previous post on palladium. Shortby Dani0Published 2
Palladium Cup & Handle PatternLast post: See link below. Review: Price was in a period of consolidation. Update: Price has formed a cup & handle pattern in an uptrend which is a strong continuation pattern. Conclusion: If we see a break and close of the all-time high then we should see another strong bullish trend emerge. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime TradingLongby Sublime_TradingPublished 7
Palladium, where is entrance?Is Palladium now good for trading or is he a good investment? There are many reasons to put some precious metals in an investment portfolio, as well as to trade them in a shorter time. Speaking about Palladium it is anticipated that supplies will be tight in years ahead, while at the same time, growth in industrial usage is expected. This tight supply and increased demand suggest stronger prices than alternative metals. I prefer to hold metals in my investing portfolio. My investing portfolio has three pillars: Bullions, ETFs, REIT ( for more you can DM me) In terms of trading, let see will the price break the blue line or not and then place the tradeby DejanDjekicPublished 3
PALLADIUM TREND WATCH (Visual)Market may be near reversing trend in my opinion. Will keep an eye for when reversal has been confirmed & in action. May take some time, so patience is key here as we may still see more upside beforehand. Hence this is one market to watch closely for near future sell opportunity. For observational purposes only, trade at your own risk. Better view ... Education01:32by Dani0Published 1
#palladium : ready to break new high#palladium : ready to break new high : 2 top and fly 1650 1700 possible target Longby sharktradePublished 116
Palladium about to explode!Palladium price action about explode outwards and upwards from the multi-month pendant that's been formed. Fundamental short supply/healthy demand coupled with technical positive RSI divergence and strong pendant pattern indicates a strong move to somewhere between the 1.618 and 1.786 Fib levels.Longby flippedmanUpdated 5
PM Thursday am ActionUpdate with Audiovisual commentary, All up and Upping some more. Long04:29by astroobserverPublished 3
Short Palladium 1,600; TP @ 1,536, SL your choiceShort Palladium 1,600; TP @ 1,536, SL your choiceShortby SpiderwebUpdated 3
Palladium Longretesting for 3rd time on the top of the wedge, negative momentum has been reduced on the weekly. taking profits at 1700's on 1.272 fibo extension from 1616 high to 1270 low .by django2Published 1
XPD USD SELL (PALLADIUM - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.by thunderpipsPublished 16
CFD'S ON PALLADIUM RANGE TRADESRanges, Descending Triangles, Triangles, and Ascending Triangle are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.by TradingstrategyguidesPublished 7
Top of channel broken and 76.4 broken - trade void76.4 broken and top of channel too - bull signal identified so trade voidby trumpetmark01526Published 5
Palladium 'Short' Trade IdeaJust a sweet position to take with such great r:r. It couldn't make a new high yet and has a good probability to turn this a double top swing failure with some resistance confluence, ABCD and some divergences.Shortby taworksUpdated 339
palladium : could retrace before new highpalladium : could retrace before new high, redrawing triangle pattern , new high possible Longby sharktradePublished 4