Copper Long Dec 30th 2017

FX:COPPER   铜差价合约
112 2

- Symmetrical triangle break and re test of a key level at 1.245
- Rejecting back side of a long term downward sloping trend line
- Weekly and daily deceleration
- Low test rejecting key level
- Double bottom
- 4HR Bullish MACD
- Dynamic support of the daily 50 EMA
- Trading with the trend
- Stop safely behind the key level and the 50 and 60 EMA and previous swing low’s


- No clear daily reversal candle shape

Trade Plan / Management

- Using a hybrid strategy with two 0.5% positions
- Targeting 2.920 with position 1
- Once target 1 is hit position 2 gets moved to break even
- Trailing position 2 with smart stop placement utilizing swing lows, s/r levels, trend lines , dynamic support of EMA's. Trading with the longer term trend
Closed position at 2.7 for 2% profit due bearish confluence of a double top with a rising wedge and bearish MACD and a weekly rejection the 50 EMA.
I would wait for an indication of reversal of the current correction before entering the trade though - perhaps a break of the downward sloping resistance on the one hour chart.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出