palladium angrypalladium waking up at the same time as platinum is the perfect PGE/PGM storm. Inverse head and shoulders on the 4h. $1,025 is the big support/resist level for platinum, we touched again today.Longby DollarCostAverage1
Palladium Futures (PA1! ), H1 Potential for Bearish DipType : Bearish Dip Resistance: 2421.0 Pivot: 2396.0 Support : 2302.0 Preferred case: We see the potential for a bearish dip from our pivot level at 2396.0 in line with 127.2% Fibonacci extension towards our 1st support level at 2302.0 in line with 61.8% Fibonacci projection. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 2421.0 in line with 161.8% Fibonacci extension. Fundamentals: No major newsShortby Genesiv0
Palladium Futures (PA1! ), H1 Potential for Bearish DipType : Bearish Reversal Resistance: 2461.5 Pivot: 2396.0 Support : 2303.0 Preferred case: We see the potential for a bearish dip from our pivot at 2396.0 in line with 78.6% Fibonacci projection towards our 1st support at 2303.0 in line with 61.8% Fibonacci retracement , 100% Fibonacci projection and 161.8% Fibonacci extension . Our bearish bias is supported by price trading under Ichimoku cloud indicator. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 2461.5 in line with 61.8% Fibonacci retracement . Fundamentals: No major newsby Tickmill2
Palladium Futures (PA1! ), H1 Potential for Bearish DipType : Bearish Reversal Resistance: 2461.5 Pivot: 2396.0 Support : 2303.0 Preferred case: We see the potential for a bearish dip from our pivot at 2396.0 in line with 78.6% Fibonacci projection towards our 1st support at 2303.0 in line with 61.8% Fibonacci retracement, 100% Fibonacci projection and 161.8% Fibonacci extension. Our bearish bias is supported by price trading under Ichimoku cloud indicator. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 2461.5 in line with 61.8% Fibonacci retracement. Fundamentals: No major newsShortby Genesiv0
Elliott Wave Analysis: Palladium With Bearish Setup FormationHello traders! Today we will talk about Palladium, its price action from technical point of view and wave structure from Elliott wave perspective. On Palladium we have noticed the top for wave (V) at the beginning of March and in Elliott wave theory, after every five waves we have to expect at least a three-wave A-B-C pullback. As you can see, Palladium turned down sharply and impulsively in March, which we see it barely as a first leg (A). After a completed wave (A), we can now see it trading in an A-B-C corrective recovery within wave (B), where ideal resistance is here at the former wave 4. So, from Elliott wave perspective, we have just got a nice bearish setup formation and we have to be aware of another sell-off for wave (C) soon. From technical point of view we see nice resistance here around 2500-2600 area and channel upper line, maybe even up to 50%-61,8% Fibonacci retracement and 2700-2800 area, but keep in mind that a reversal down towards projected strong 1500-1300 support zone may occur anytime soon. Trade well! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.Shortby ew-forecast7
LBS1! and Lumber4.10.22 PA1! and Lumber : I was really surprised when my students sent me an email showing a huge margin requirement for Palladium. I was a little embarrassed to not realize how high the margin requirements were, so I made some excuses for something I missed, and I gave my perspective on how I would look at this and what it means from a practical point of view. There is a difference between high margin requirements versus realistic risk in your trading account. Personally, I will trade palladium when everything set up and ready to go. If you can't afford palladium because you don't meet the margin requirements, this is no big deal because there are other commodity accounts that require much less margin, and can make you very nice returns with appropriate risk. However this market in palladium is so important because of its clarity in terms of market dynamics, pattern behaviors, and its intrinsic volatility, you still want to follow this because you may very well find yourself trading markets like this when you are more consistently profitable in your trading and have accumulated more capital.19:06by ScottBogatin10
PA1!4.8.22 PA1!: Yesterday, I posted a potential trade on palladium, and I went through the thinking which included targets. The market went up over $20,000 per contract since yesterday. So this is the follow-up, and I wanted to show some of the things I am working to improve the quality of life i.e. bracket trades. I will likely use Multicharts to setup the bracket orders although there are other options. I use interactive brokers as my broker, but I find Multi-charts easier to use than the Trader Workstation in IB. Since multi-charts will log onto your computer to identify configuration issues, and IB will not, this is a positive consideration for Multi-charts in my opinion... especially when you're bad at computer technology as I am. 19:30by ScottBogatin8
PA1!4.7.22 PA1! Palladium: I wanted to take a moment to show some software that I plan to use. Years ago I purchased a lifetime subscription to multi-charts, but stopped using it because IB changed their policy and required a $10 million account to trade for acts. Up until that time I was happy using multi-charts even though I was using it on a very simplistic level. Because I think the bracket order set up will be simpler using multi-charts, I'm trying to get this working so that I don't have to place orders directly on to IB trader workstation. I'm not recommending that anyone trades this set up for this market, it gives me a chance to show some of my plans, and it gives my students a chance to see that they may benefit if they can trade with bracket orders once they set up the software.13:04by ScottBogatin10
Commodities trends from Dec.2021 - There is a winner!Hey guys, here we are with the first chart of my trading view analysis. Have a look at the commodities and % increase in this inflationary scenario. LTH is the winner with a strong trend where the speculation seems not to be too much present. Nickel has suffered for option squeeze and wide short open position to be covered following margin calls. In case the electric vehicles will be predominant, up to you the conclusion where to invest. Sometimes, the graph speaks without words. Have fun Regards, Bruc by Bruc2
PalladiumLong term trend "parabola" Commodities generally on the rise. Double support. Personal post.by N0ST0PL0SSUpdated 3
PA1! Part 22.22.22 Palladium Part 2.................................................................................11:34by ScottBogatin8
Palladium TradingAdvisor AppEntry : 2411.27 Stop Loss: 2272.4175 Take Profit 1: 2462.695 Take Profit 2: 2507.0525Longby jota.segovia0
PA1!( Palladium)2.22.22 PA1!: spend a little time on this video so that you can think about some of this and reflect on it to see if it makes sense to you... the evolution markets failing to make new highs and then braking explosively as buyers give up until the market comes to support (other buyers). This is also about markets contracting and trading to smaller range boxes which double their range to find reversals. 20:00by ScottBogatin8
PA1!Palladium..............................not an easy call......................................07:06by ScottBogatin119
Palladiumsanctions coming to Russia soon. Fertilizer/wheat... all on the list, they know how to push inflation and blame Trump and truckers. Palladium one you may like.by hillbilly2500
MOEX:PD2!To be, or not to be, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles, And by opposing end them? To die, to sleep; No more; and by a sleep to say we end The heart-ache and the thousand natural shocks That flesh is heir to, 'tis a consummation Devoutly to be wish'd. To die, to sleep; To sleep: perchance to dream: ay, there's the rub; For in that sleep of death what dreams may come When we have shuffled off this mortal coil, Must give us pause. There's the respect That makes calamity of so long life;by lguliyan0
PA1! follow-up probability PA1! follow-up: probability: The market went up about $5000 since the previous video tonight where it closed the gap. I say this because the $5000 figure can be an enticement. The reason for the video is to push the importance of learning how to think in terms of probabilities. It takes time and effort because you will be guessing in the beginning, and you will discover the market behavior that is more likely to trade more reliably and with more accuracy to your assessment. In other words, you will learn the high probability trades through experience. In addition, you may learn that you can still use your assessment of probability in less certain times, and will still find this type of thinking valuable. This will not be everybody's cup of tea, but there are traders who specifically think in terms of probability. Al Brooks is one of those traders.18:10by ScottBogatin119
PA1!: Probability 2.16.22 PA1! Judging probably in the market...a dynamic process. 1: Some set-ups have higher probability than others. 2: you may feel that probability can change with each bar...and this might help you at times, or it may not...and you have to decide this and follow your performance. 3: there is a probability regarding targets as well. Thinking in terms of probability is a personal process, and this is something you have to decide if you are willing and able to take on. You may find that you are only able to think about selectively. As with any other technique, you should follow your performance. Here are some ideas.19:02by ScottBogatin9
PA1!2.15.22; PA1! I wanted to give you a follow-up a few hours after Today's earlier video so that I could provide more detail for that trade, but then I decided to draw a fresh pattern and show you how you could've done a long trade at support in addition to the long trade on the earlier video. And there was even a short trade you could have taken when the market moved higher to a 382 resistance. All of these were multi-thousand-dollar trades, not particularly enjoyable training in my view; but for certain traders these may be perfectly acceptable trades. They say "trade what you see"...but your experience changes what this means to you. 20:00by ScottBogatin9
PS1! and Gold follow-up2.15.22 ; PS1! and gold follow-up: Managing a trade. Possible long entry on both markets. 20:00by ScottBogatin10
PA1! part 2 : setup for a long trade if you are patient.2.14.22: PA1! part 2: I think this is a good example of complex wash and rinse cycles that ends up favoring buyers. If you are patient, and flexible you can find a high probability trade without a structural stop, but you will have to understand price action and reversal patterns.17:59by ScottBogatin1110
lumber PA1! follow-up2.14.22: Lumber and PA1! follow-up. I ran out of time on this video explaining PA1! >> I need a few more minutes to complete to make my point....will post a short video momentarily. 20:00by ScottBogatin119
review of DXY and the metals 2.14.22: review of DXY and the metals...................................... 17:21by ScottBogatin8