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Platinum / U.S. Dollar

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XPTUSD trade ideas

FINANCIAL MARKETSOnce upon a time, in the bustling streets of 17th-century Amsterdam, an extraordinary concept was born that would transform the world of finance forever: the stock market. It was a time of exploration, trade, and economic growth, and the Dutch Republic stood at the forefront of this new era. In the early 1600s, the Dutch East India Company (Vereenigde Oostindische Compagnie or VOC) was established, becoming the first multinational corporation in history. The VOC aimed to capitalize on the lucrative spice trade with the East Indies and sought to raise vast amounts of capital to finance its expeditions. To achieve this, the VOC devised a revolutionary plan. Instead of relying solely on wealthy merchants or monarchs to fund their ventures, they decided to offer shares of the company to the general public. These shares represented fractional ownership in the company and entitled the holders to a share of the profits. The VOC's decision to issue shares to the public was groundbreaking. It allowed individuals from various walks of life to invest in the company and reap the benefits of its success. Investors eagerly snapped up these shares, leading to the birth of a secondary market where these shares could be bought and sold. To facilitate the buying and selling of shares, the world's first formal stock exchange was established in Amsterdam in 1602. Known as the Amsterdam Stock Exchange, it provided a central location where traders could gather and exchange shares of the VOC and other companies. This marked the beginning of organized trading and the birth of the financial markets as we know them today. The stock exchange quickly gained popularity, attracting investors from all corners of Europe. Merchants, nobles, and even small-time traders flocked to the exchange, seeking opportunities to profit from the flourishing trade and expanding global economy. The stock market became a symbol of economic prosperity and a catalyst for further growth. As the stock market flourished, it began to evolve and adapt. New financial instruments emerged, such as options and futures contracts, allowing investors to speculate on the future value of various assets. Investment banks and brokerage firms sprouted up, providing services to investors and further fueling the growth of the financial sector. Over time, stock exchanges spread across the world, with London, New York, and other major cities establishing their own marketplaces. The stock market became a vital component of modern economies, providing a mechanism for companies to raise capital and investors to allocate their resources. However, with its growth and increasing complexity, the stock market has also faced its fair share of challenges. Market crashes, economic recessions, and regulatory issues have tested its resilience. Yet, despite these setbacks, the stock market has persisted, adapting to new technologies and market dynamics. Today, the stock market remains a central pillar of the global financial system. Billions of dollars are traded daily, connecting investors, businesses, and governments across the world. It continues to be a place of opportunity, risk, and innovation, shaping the economic landscape and reflecting the aspirations and fluctuations of societies. The story of the stock market is one of human ingenuity, ambition, and the pursuit of wealth. From its humble beginnings in the 17th century to its current status as a global financial powerhouse, it stands as a testament to the power of markets and the enduring human desire for growth and prosperity. WHAT IS THE TERM "HEDGING"? in the financial realm, the concept of hedging, or mitigating risks, has been practiced for centuries. While it's challenging to pinpoint the exact birth of the first hedge, we can explore the origins of hedging and how it evolved over time. Hedging can be traced back to the earliest forms of agricultural societies. Farmers, who were at the mercy of unpredictable weather conditions and crop yields, sought ways to protect themselves from potential losses. They adopted strategies such as diversifying their crops, storing surplus produce, and entering into agreements with other farmers to share risks. The development of organized markets further facilitated the practice of hedging. In ancient civilizations like Mesopotamia and Egypt, farmers and traders engaged in forward contracts, which allowed them to lock in prices for future transactions. These contracts acted as a hedge against price fluctuations, ensuring a certain level of certainty in an uncertain market. As trade and commerce expanded, so did the need for hedging beyond the agricultural sector. In ancient Greece, merchants and shipowners faced risks associated with maritime trade, including storms, piracy, and shipwrecks. To mitigate these risks, they would spread their investments across multiple voyages, diversifying their cargo and destinations. This approach served as an early form of hedging against potential losses. The formalization of financial markets in medieval Europe laid the foundation for more sophisticated hedging strategies. Merchants engaging in long-distance trade began to use bills of exchange, which were essentially early forms of negotiable instruments. These bills allowed merchants to hedge against currency and credit risks by transferring their debt obligations to a third party at a discount, reducing their exposure to potential losses. In the 17th century, options and futures contracts emerged as key hedging instruments. These contracts provided traders with the right to buy or sell assets at a predetermined price within a specific timeframe. Options and futures allowed market participants to hedge against price fluctuations and protect their investments by locking in prices in advance. One notable example of early hedging can be found in the tulip mania that swept through 17th-century Holland. During this period, the price of tulip bulbs skyrocketed to absurd levels, driven by speculative fervor. Sensing the growing bubble, some traders began selling short tulip bulb contracts, effectively betting that the prices would decline. This early form of short selling acted as a hedge against potential losses if the bubble burst, enabling traders to profit from falling prices. The development of modern financial markets and the growth of complex financial instruments in the 20th century further expanded hedging strategies. Innovations such as options, futures, swaps, and derivatives allowed market participants to hedge against a wide range of risks, including interest rates, exchange rates, and commodity prices. It's important to note that hedging, while an essential risk management tool, can also be used for speculative purposes. Traders and investors often engage in hedging strategies to take advantage of market inefficiencies and price differentials. In conclusion, while the birth of the first hedge cannot be attributed to a specific event or individual, the practice of hedging has evolved over time as a response to the inherent risks of various economic activities. From ancient agricultural societies to modern financial markets, the concept of hedging has become an integral part of managing risks and ensuring stability in an ever-changing economic landscape.
OANDA:XPTUSDEducation
by Electi_Capital
3
XPTUSD Buy opportunity with High expected in June.Platinum (XPTUSD) is trading on a Triangle pattern which is within a larger Channel Up. Last time we had this sequence on patterns was last November-December. Once the price hit the 1D MA50 (blue trend-line), it rebounded to the 1.5 Fibonacci extension. The current 1.5 Fib is at 1180 but we set a Target slightly lower at 1170. Notice how even the 1D MACD sequences between the two fractals are identical. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPTUSDLong
by TradingShot
Corrective pattern!!! or bullish???Hello friends, have a good time Platinum = Dollar Initiation ($816.50) of an impulse pattern followed by a large zigzag pattern that corrected 61.8% to 78.6% of the first wave has now reached its all-time high of $1133.26! Of course, it seems that one more wave is left to complete the impulse pattern and then any correction pattern will be formed, the bullish market will follow with more strength. (The first possibility). Second possibility: Currently, the market is in a double or triple zigzag pattern, and the bearish market will continue, and it may go up once more, and then to complete the lateral correction pattern (double triple, flat). Then we will see the development of the platinum market. Good luck! I hope you are having a good week ahead. Thank you for your support Corrective pattern!!! or bullish???
FX_IDC:XPTUSD
by Mehdi_Abbasi_EWP
Will Platinum price explode to the upside?Since the Platinum Bobble burst back in 2008, the price was unable to recover, regardless of the all-time high on other PMs. However, looking at the weekly posted chart we can see that the low after the burst held extremely strong, and after January's higher low, XptUsd also has broken above the falling trend line. At this moment the road to 1350 resistance is cleared (medium term) and, a break above this level could lead to further gains to 2k in the long term.
OANDA:XPTUSD
by Mihai_Iacob
XPTUSD - BULLISH SENTIMENTXPTUSD - has been ascending solidly with minor exceptions in a bullish channel since the beginning of February 23. Due to some uncertainties around the mining crisis in SA, one of the largest producers of the precious metal the price tag by BofA is set around $1400-$1500 by year-end, which makes a 40%-50% anticipated surge in the next 7-9 months. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
OANDA:XPTUSDLong
by legacyFXofficial
Does Platinum rhyme with Bailout?Mo money Mo problems. The philosopher Notorious B.I.G. used to sing about that. With the unlimited backstops to deposits and blank checks being thrown around, it might be a good time to review metals. Platinum is more rare than gold. Historically it has traded at a premium to the gold price. Currently trades for about half the gold price. All time high in platinum is 2290, but those dollar were pre 2008 bail out dollars. As gold nears all time highs over 2k, I cant help but wonder what could happen with Platinum. in inflationary times metal do pretty well historically. and since deflation is being bailed out with the banks, the inflation case is more likely now than last month.
TVC:PLATINUMLong
by ValuePig
Platinum Bullish Flag Set to Become a 5-wave CorrectionThe bearish price action in TVC:PLATINUM that started since Feb 2021 has the hallmarks of a bullish flag: Overlapping waves WXYXZ No significant price movement compared to the bullish impulse from Mar 2020 to Feb 2021. It has taken more than 2x the time to retrace 61.8% of the previous impulse move. Forecast: Platinum breaking below the previous low ($825), potentially hitting the $700 area near the bottom trendline of the channel Platinum bottoming at the Z wave The price bouncing back targeting the upper trendline as the first target and the previous high ($1336) as the second target.
TVC:PLATINUMLong
by DavoodWadi
1
Doctor Platinum Platinum is the bellwether for the Fourth Industrial economy Green hydrogen is the battery for the storage and transportation of wind and solar energy; and platinum is the chief catalyst for both the generation by electrolysis of green hydrogen from solar and wind energy; and the reverse reaction in the fuel cell. Here I have a section of the longterm platinum chart in log: comes down to recent PA We can see it is respecting the longterm geometry perfectly Since the corona low it has made a high and it now attempting a higher low; the golden pocket should again provide good support The purple median line should act like a magnet to prevent and further big drops near term- I believe the higher low is in; and I’ll be buying here. A sensible stop would be around the last low. I don’t use stops. NOT TARDING ADVICE GR Industry 4 PT1 = 1500 PT2 ATH
TVC:PLATINUM
by Great_Reset_Investing
1
Plat finding supportThe price of platinum has since January 2023 nose-dived by roughly 16% which has seen the metal fall below its 200-day MA price of $947.60 to touch lows around $910 in Feb. The metal is however finding some support on the green 61.8% Fibo retracement level of $922.85 and the longer-term blue 23.6% Fibo. Technical indicators are supporting a move higher for the metal with a re-test of the 200-day MA looking likely over the near-term. A break above the 200-day MA price will allow the metal to claw its way higher towards the 50-day MA price currently at $1012.03 in my view. The heavily oversold daily RSI and the rolling over of the MACD indicator supports this price action, but for now we need $922.85 to hold its ground. (I’m not too familiar with the fundamentals regarding precious metal prices, some references or pointers would be greatly appreciated. I mainly watch the price of plat to support my USDZAR views)
TVC:PLATINUM
by Goose96
1