Palladium: Staging a rally from oversold

31 gen 2016

Palladium has a very interesting setup, I'm looking to enter longs in this instrument very soon.
If you can't trade palladium futures, you can trade PALL, the etf. Try to keep risk at 1% per trade.
The entry would be a buy stop confirming the rally, for specifics about entry, stop and trade management contact me privately.
You can trade with your own strategy, if your analysis matches mine as well.
Good luck!

Cheers,
Ivan Labrie.

1 feb 2016

Trade attivo

2 feb 2016

Nota

This contract got first day notice yesterday, you'd have to move to April. This is the continuous contract chart:
We're retesting the mode support. Take off might take a couple more days.

2 feb 2016

Nota

Failure to rally is a concern. I'll wait a bit more.

3 feb 2016

Nota

Good progress here, trail stop to entry, and safe to add on retrace perhaps.

5 feb 2016

Nota

You can close partially if you bought on retrace today.
Trail stop to the previous daily low.

6 feb 2016

Nota

Stopped out at our trailing stop location. Overall good profit. Now looks like it could break down.
Stay out until we get more clarity.

9 feb 2016

Nota

Slow grind up.

12 feb 2016

Trade chiuso: obiettivo raggiunto

Target hit, I reccomended banking here.

13 feb 2016

Nota

We can reenter longs here.