Hello Traders! palladium (XPD) price is a " pip " away from all time High . I am looking for a long term sell, which means that I will try to hold the trade until the end of 2018. However, if we get to 700 I will close the trade with some mad profits. Dollar is expected to get stronger until the end of 2018, so lets see how we do. Wonder where is my SL? Send...
It's quite a nice opportunity to open a short position. OANDA:XPDUSD
Using lower channel of Schiff pitchfork for target.
Chart shows everything but I'm on the short side of this commodity. Waiting a confirmation before entering a new position. But we could see a possible consolidation between 520 - 480