XPDUSD1! trade ideas
PALLADIUM FUTURES (MAR 2019)Trading Signal
Short Position (EP) : 1210.2
Stop Loss (SL) : 1249.1
Take Profit (TP) : 1132.4
Description
PAH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (1210.2) and place stop after 0.618 level (1249.1). Once the position was hit, place take profit before an agreement (1132.4)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1 = +-$10/std-contract
Commission fee = -$4.74/std-contract
EP to SL = $38.9 = -$3,890
Contract size to open = 1 standard contracts
EP to TP = $77.8 = +$7,780
Expected Result
Commission Fee = -$4.74
Loss = -$3,890
Gain = +$7,780
Risk/Reward Ratio = 2
PALLADIUM FUTURES MARCH 2019 (PAH19) Palladium futures are moving in an ascending channel, making higher highs and higher lows. It should be safer to only place buys, as sells may be short lived. However, feel free to play the tennis game inside this channel.
This should be an easy one. Do remember that metals are quite expensive to trade so go easy on the lot size if you have a small account so that you do not get a margin call from your broker.
The Problem with the Djinn Predictive IndicatorsAfter discovery (In Long Beach, CA, Downtown, on Ocean, Public Library, I am pretty sure I was high at the time, I could have even been high off nothing but exercise . . . I can't remember. What I do remember is that is when I saw the equation to the future.
What I didn't know then, that I know now, is that time is written in soft stone! But human free will also exist. When the Djinn predicts a swing date that date is written in soft stone. Human Will is what moves the bar off of the predicted swing date.
These adjustments to the soft stone future date accumulate and have to be discharged before time "resets". I know this sounds crazy as hell! That is why I have, and will, post so many simple to understand charts from all asset classes.
The FUTURE belongs to the Djinn . . .
Palladium Future SEP18 (1d)Trading Signal
Short Position (EP) : 938
Stop Loss (SL) : 945.8
Take Profit (TP) : 900.6, 0
Description
GC formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (938) and place stop after 0.618 level (945.8). Once the position was hit, place take profit before an agreement (900.6)
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $7.8 = -$780/contract (STD)
Contract size to open = 2 standard contracts
EP to TP = $37.4 = +$3,740 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$1,560
Gain = +$7,480
Risk/Reward Ratio = 4.77
Palladium Futures SEP 2018 (1d)Trading Signal
Long Position (EP) : 945.8
Stop Loss (SL) : 938
Take Profit (TP) : 965.5, 988.2
Description
PA formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (945.8) and place stop after 0.618 level (938). Once the position was hit, place take profit before an agreement (965.5) and 988.2
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $7.8 = -$780/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $19.7 = +$1,970 (STD)
EP to TP#2 = $42.4 = +$4,240 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$1,560
Gain#1 = +$1,970
Gain#2 = +$4,240
Total Gain = +$6,210
Risk/Reward Ratio = 3.96
Slightly updated chart on /PASame like the chart I posted before I would have put the projection of lowered prices in /PA the next couple of months
Resistance holding so far at the 0.50% fib level.
The cycle low violation and the newly formed expected negatively configured cycle (and possible L-H translation) indicates that we will see a lower low than 890's in the coming future .
Bearish all the way into July/August in /PA/PA is in a bad shape at this point.
We had VTL Break , cycle low violation making lower lows and all it has achieved so far in this rally phase is rally sending it backs to the 38.2-50% fibs resistance levels.
We are creating a left-hand translation in this cycle , and it all projects to lower lows into July/August period.
It could potentially be forming a right shoulder of a H&S reversal pattern the next few weeks .
I don't like it at all.