Technician
Short

Copper: Ready for a selloff!

COMEX:HG1!   COPPER FUTURES
962 13 22
Update: Trade is active
Update: First Target Reached, closed half position.
Update: Second half stopped out at breakeven


Looks good for a short trade :

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Trading Criteria:
1.Trades are taken in two units
2.First unit would be closed at first target
3.Stop loss is then moved to break-even
4.Second unit would be closed at second target
Notes:
5) If 90 percent of first target is reached without triggering entry I cancel the trade
6) If 90 percent of first target is reached I move stop loss to breakeven.
7) Remember: Losing is a main part of the game

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Technician
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JorgeEllena
2 years ago
agree
http://i.gyazo.com/59f47e9193966fdaf2b2c06c710df239.png
Reply
aziz92
2 years ago
Smart thinking Technician I will be watching this closely.
+1 Reply
Technician TOP aziz92
2 years ago
Thanks good luck
Reply
IvanLabrie PRO
2 years ago
I wouldn't keep the stop tight actually hehe.
Nice chart, simple is good.
+1 Reply
Technician TOP IvanLabrie
2 years ago
Simple is awesome :)
Reply
jangseohee
2 years ago
i am with you Technician
snapshot
+2 Reply
Technician TOP jangseohee
2 years ago
Glad to have you jangseohee
+1 Reply
jangseohee Technician
2 years ago
YW, Technician :-)
Reply
Casey_Yeo
2 years ago
Nice pin. Good luck mate.
Reply
Technician TOP
2 years ago
Update: Trade is active
Reply
Technician TOP
2 years ago
Update: First Target Reached, closed half position. Second half stopped out at breakeven
+1 Reply
smitheric1970 PRO Technician
2 years ago
Double top or is this running inverse to DX?
Reply
Lanmar PRO
2 years ago
Do you have a longer term analysis (monthly)? What are your thoughts from here. I'm a major bear long term but looking for a good entry from here.
Reply
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