Commodities portfolio: Copper - Buy at market, buy a new high

We have a nice setup in Copper, which already triggered off higher timeframes. The target on chart is the one forecasted in this way. This setup is valid until February 2017, if price doesn't retrace below 2.11. You can enter at market with stops there for the long term position, but you can also take a swing trade setup here, buying a half position at market open, and adding on a break above Friday's session high. Stop for all swing positions is Friday's session low.

Good luck,

Ivan Labrie.

Trade ist aktiv:

Explosive start, boom.

Kommentar:

Hold this one, set an alert for CCI (11 periods) when it hits +100 start trailing stops to the last 3 day low.

Kommentar:

I'm flat, I'll be buying back in once we have evidence of commercials going long ideally.

Trade ist aktiv:

Long here, stop 2.064
Good luck gentlemen.

Kommentar:

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