IvanLabrie

Palladium: Staging a rally from oversold

Long
IvanLabrie Updated   
NYMEX:PAH2016   Palladium Futures (Mar 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.
Trade active
Comment:
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.
Comment:
Failure to rally is a concern. I'll wait a bit more.
Comment:
Good progress here, trail stop to entry, and safe to add on retrace perhaps.
Comment:
You can close partially if you bought on retrace today.
Trail stop to the previous daily low.
Comment:
Stopped out at our trailing stop location. Overall good profit. Now looks like it could break down.
Stay out until we get more clarity.
Comment:
Slow grind up.
Trade closed: target reached:
Target hit, I reccomended banking here.
Comment:

We can reenter longs here.

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