Jump to content

PALLADIUM


phillo

Recommended Posts

  • 8 months later...
  • 4 weeks later...
  • 4 weeks later...
  • 1 month later...

I wanted to place @elle and @Caseynotes post in this forum. Palladium is the best positive commodity performer over the last this year. Who else has invested or who's using TA for this commodity? Is this one to watch for 2020?

  On 31/12/2019 at 13:23, Caseynotes said:

Commodity returns for 2019.

and the winner is ...

Palladium: +57% - WTI Oil: +34% - Coffee: +30% - Gasoline: +29% - Rice: +28% - Soybean Oil: +27% - Brent Oil: +23% - Platinum: +22% - Lumber: +21% - Heating Oil: +20% - Gold: +18% - Lean Hogs: +17% - Silver: +14% - Sugar: +12% - Wheat: +11%

Investing.com

image.png.0dbc43b1a6b96db26914113d46b6b37f.png

Palladium the winner . Here's an update of my chart from the PALLADIUM thread

Capture pall.PNG

 

image.png

    • Like 1
    • Thanks 1
    Link to comment
    10 minutes ago, TrendFollower said:

    @CharlotteIG,

    Palladium is without a doubt one of the top performers not only in Commodities but overall assets in 2019. The chart, trend and price action do not lie. 

    For me going forwards the key is whether the recent high is taken out on the upside or whether we see trend weakness with this key price area failing to be breached. That will help determine the forthcoming price direction of any trend.

    This is one to watch in 2020 for sure, especially if the move upwards continues. However, if it does not then it could be one of the best assets to short in 2020 with profit taking, shorts being closed and new shorts being opened thus amplifying any move downwards. 

    From a trend following perspective, Palladium, has been a trend followers dream over the past 1.5 years. You may find some posts from me on this in my 'Precious Metals' thread. 

     

    I've just gone to 'Precious Metals. 

    On 03/12/2019 at 19:47, TrendFollower said:

    Precious Metals are performing well today along with Bonds with the US-China narrative as the backdrop. 

    Palladium is continuing its upward trajectory. The 'Awesome Oscillator' is supporting the price action we are witnessing in this asset. It is demonstrating strong momentum in the time period of the trend which has lasted quite a while now. In fact well over a year and approaching a year and a half. 

    1631490585_SpotPalladium_20191203_19_45.thumb.png.e0c538c53199e9593726a437fbd9f0fa.png

     

    If anyone is interested in Precious metals, this will be a great chat for you! :) 

     

    Link to comment
    • 4 weeks later...

    THE BAD NEWS IS OUT BUY PD FUTURES 2160/2220 AUTO ROLL .TRADE WITH 20%IN YOUR ACC .TAKE PROFITS 2850/3000 AUGUST TO NOV .EXPECT BAD CAR SALES FIGURES ALL YEAR .THE LACK OF METAL WILL DRIVE THE PRICE A LOT HIGHER. THE POOR CAR SALES ARE THE HEAD WINDS OR THE PRICE WOULD HIT 3860.😇

    Link to comment
    Just now, PALL said:

    THE BAD NEWS IS OUT BUY PD FUTURES 2160/2220 AUTO ROLL .TRADE WITH 20%IN YOUR ACC .TAKE PROFITS 2850/3000 AUGUST TO NOV .EXPECT BAD CAR SALES FIGURES ALL YEAR .THE LACK OF METAL WILL DRIVE THE PRICE A LOT HIGHER. THE POOR CAR SALES ARE THE HEAD WINDS OR THE PRICE WOULD HIT 3860.😇

    NEVER SHORT

    • Like 1
    Link to comment

    Create an account or sign in to comment

    You need to be a member in order to leave a comment

    Create an account

    Sign up for a new account in our community. It's easy!

    Register a new account

    Sign in

    Already have an account? Sign in here.

    Sign In Now
    • General Statistics

      • Total Topics
        22,140
      • Total Posts
        93,024
      • Total Members
        42,525
      • Most Online
        7,522
        10/06/21 10:53

      Newest Member
      JohnM
      Joined 07/06/23 03:55
    • Posts

      • Elliott Wave Analysis TradingLounge Daily Chart, 7 June 23,   Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69. Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from the 25354.69. level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 25354.69. , the price is returning to an upward trend, and a five-wave rise will support this idea. Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator has a Bullish Divergence. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!   Elliott Wave Analysis TradingLounge 4H Chart, 7 June 23,   Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69. Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from 25354.69, but has yet to break the MA200 completely. We expect Wave 2 to end at 25354.69. Price is returning to an upward trend. And a five-wave increment would support this idea. But even so, one has to be wary of a correction of wave 2 on smaller scales. Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is below the MA200 indicating a Down Trend, Wave Oscillator is Bearish momentum.
      • Commodity Market Technical Analysis Elliott Wave and Trading Strategies Content: US Bond Yields, USDJPY, EURUSD, AUDUSD,Dollar DXY, US Gold, GDX, Silver, Copper, Iron Ore, Lithium, Nickel, Crude Oil, Natural Gas. Commodities Market Summary: The USD DXY is pushing higher into Wave v) of C of (2) while precious and base metals are doing the opposite Trading Strategies: No strategies Video Chapters 00:00  US Gov Bonds 10 Yr Yields 01:34 US Dollar Index DXY USDJPY, EURUSD, AUDUSD 14:13 Spot Gold /  GDX ETF 18:47 US Spot Silver 20:39 US Copper / Lithium / Nickel / Iron Ore 37:51 Crude Oil  40:30 Natural Gas  46:50 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  Access Trial here... buy 1 month Get 3 months       
      • I've read the topic on the IG support page but when i go to set up a Trailing Stop on my IG Spread-Betting account i do not have the option. Does anyone know why this would be? Any help would be greatly appreciated.
    ×
    ×
    • Create New...