MrRenev
Long

Copper bullish divergence, time for some recovery. Going long.

FX:COPPER   CFDs on Copper
This level seems like it has some kind of importance.
Got this EW count, makes sense to me:


We retraced 0.382 first high TF wave, then right now we are on 0.618 next wave...

Major level imo ...
Comment: Definitely reacting...
Timeto pray it bounces now...

How did I end up with a large position on something so volatile...
Comment: Up already 1% but I am not in a profit position -.-
Fk is this crap.
The fluctuating spread so high.
Dumbass market makers can't handle big moves. Ye sure if the spread is magically high you sure can't lose money no risk.
It just dropped too fast for me to scale correctly lol. Gosh maybe should not have opened a large position on something I have no clue about xd

Comment: INTeresting 15 min RSI.
V shape recovery. This should keep going up.
I should be at a big profit now... I am only at break even. This sucks.
Reminder to hunt for lower fees on copper futures.
Comment: Let's do this! I believe I can fly.

Major dump? Let's go major bounce!
Comment: Is this Bitcoin in early 2018? Very rapid recovery.

If I executed this as I wanted I would be singing right now counting all my money.

Oh well.

Comment: Bounced nearly 2%. I did not close anything.
Maybe I should have closed some? I don't know copper well, I have no idea :/

Trade closed: stop reached: :(
I entered this trade poorly so I had little wiggle room.
Wonder if this goes for a higher high now.

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.

Comments

You are on a wild ride! Thank you for sharing your genius!
+1 Reply
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