TPLM1! trade ideas
Open Trade y Esperar que pasa. I opened this trade without clearly thinking, inspite of drawing clearly what I charted. So I kinda felt forced left a huge opening, and went super heavy. So the next analisis is what I should´ve done. We see that in a higher time frame we have a clear downtrend; so we are expecting a couple of things. Either this upward move is just a retest of previous lows to se if it continues breaking so we should be careful of the upper lightblue line (a support transformed to resistance after broken). So right now we have an open position with a stoploss at an exact 1:1 RR to see what happens also we are waiting for a low to form a valid trendline going up. For this strategy since it is a 2 Touch point trandline we use a support as confirmatión for the change of trend. We expect to at least hit the higher time frame downtrend. NOW WE WAIT AND SEE WHAT HAPPENS.
WE CLOSE IF:
1. It hits and the upper resistance and gets rejected.
2. It hits stoploss at 1:1 RR
3. It breaks our uptrend trendline.
Platinum Next to Rally? - After Gold and SilverThese are the percentage gains of the three precious metals. We can see that gold and silver have performed well over the past two years, but platinum has not.
Historically, we can observe that precious metals tend to move in tandem, with their troughs and peaks occurring around the same time.
Will platinum eventually follow gold and silver? And why is it underperforming?
Platinum Futures & Options
Ticker: PL
Minimum fluctuation:
0.10 per troy ounce = $5.00
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PL 01/06/2025I am going to be using the 4 hour chart from now on. As of 1/06/2025 we can see how PL is going to be making a decision about hitting the next resistance or going to fall past support again in the channel for a possible pull back. Let's see how tomorrow goes team always do your own research before making any financial decision.
PLATINUM Weekly Forecast: Bearish! Look for SHORTS!Keep an eye on this one, as it makes its way down to 911.7.
I'm looking for the highlighted lows to be swept this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GOLD, SILVER, PLATINUM & COPPER Weekly Forecast Nov. 11thThe Metals are at areas of supportive discount arrays, but will they move higher.
The latest COT Report indicates the institutional traders are betting on higher prices, even when the assets seem to be in consolidation.
Monday is a US bank holiday, and Tuesday may start slow, but I suspect the price action will be clearer come Wednesday.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Palladium Rebounds at Key Demand Zone: A Bullish ReversalPalladium has recently experienced a significant rebound at a key demand area around $913, which could mark the beginning of a potential reversal. This price level has historically served as strong support, and its recent behavior suggests a shift in market sentiment.
In addition to this technical observation, our analysis of the Commitment of Traders (COT) report indicates that large speculators and commercial traders might be adjusting their positions in a way that supports a bullish outlook. The emergence of a Double Bottom pattern further strengthens the case for a potential upward move. This pattern, often seen as a reliable reversal signal, indicates that the market has tested a low twice and failed to break lower, which could be a precursor to a significant rally.
Given these factors—the rebound at the demand zone, supportive signals from the COT report, and the formation of the Double Bottom pattern—we are closely monitoring Palladium for a long position. The convergence of these technical and fundamental indicators provides a compelling case for entering the market with a bullish stance, as it suggests that the price of Palladium could be poised for a notable upward movement in the near future.
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Platinum the trend leader for metalsPlatinum, the trend Queen.
Platinum this session has led the trend for metals so far.
PL has broke it's long uptrend with force. Generally PL likes to trend for several days.
Short intraday pops might happen, but I am watching for possible continuation.
Consolidation or ranging may also be possible short term.
Careful eyes to see if support is made and will hold.
SI looks to be setting up a classic head and shoulders, with Platinum being the warning.
This is NOT trade advice, simply observation.
Have a nice weekend
PLATINUM | XPTUSD Weekly Outlook Oct. 21st: BULLISH Bias!This weekly forecast is for Oct 21 - 25th.
Platinum is heading towards the Swing High with good momentum.
Target should be achieved this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers, and I respond to every comment.
Like and/or subscribe if you like the video and want to receive updates directly.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Most Probable Path for Platinum Moving ForwardPlatinum may very well be developing a C&H pattern over the longer term, lagging gold and silver's similar pattern
This makes sense, as gold is the cyclical driver of the metals complex.
A pattern of this magnitude would yield a tremendous breakout, and as such, speculators should take below 1000/oz platinum as an opportunity to accumulate, as gold foreshadows the lagging metal's next move.
Platinum LONG TERM analysisLong term TA on PL1!
1) Shorter term expectations/price target
2) Relationship to gold and silver
3)Longer term patterns and eventual price targets on a yearly timeframe.
Sorry if this was longwinded. Will begin to post weekly updates so consider this a comprehensive analysis to precede, shorter, brief, weekly analyses.
Feedback is recommended, please enjoy - I hope somebody can get something from this and I can learn as well with feedback.
Future videos will include actual trades with entries and near term targets. Feel free to let me know how helpful/unhelpful this might have been.
GTTA
Platinum Buy Strategy!Platinum is prevailing for months in Symmetrical triangle pattern.
Breakout Potential: As you can see in the charts the market broke the trendline and created in-efficiency. A tight consolidation in an order block can be a precursor to a large price movement, as the market builds up energy before a breakout.
Unmitigated OB: Traders should wait for the price to revisit this unmitigated zone or broken structure to look for an opportunity to trade.
Time to BUY PLATINUM (XPTUSD)?....YES!Sept 23 - 27th
Is it time to buy Platinum? YESSIR!
Weekly TF clearly shows the formation of a weekly bullish Fair Value Gap (+FVG).
Daily TF shows price is sitting in a daily +FVG, over lapping the W +FVG.
4H TF shows price is sitting in a 4H +FVG, which is nested in the D +FVG.
Not to mention, price has broken structure to the upside, and has pulled back to all of the above.
Did I mention the trend line that is intersecting the 4H and Daily +FVGs for confluence of support?
Oh yeah... the 4H TF shows the retracement of the most recent trading range has pulled back to the fibonacci Golden Ratio of .618.
So yeah, I'm thinking the market is BULLISH, and poised to push higher from the +FVGs.
May profits be upon you.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers, and I respond to every comment.
Like and/or subscribe if you like the video and want to receive updates directly.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WHATS FLOWING!?: GBPAUD (SQUEEZE???) NZDJPY + CADJPY, & PLATINUMOANDA:GBPAUD
OANDA:NZDJPY
FX:CADJPY
NYMEX:PLV2024
Idea Description (Video #3):
In today's episode of What's Flowing, I cover a range of opportunities in both currencies and commodities. I analyze the NZDJPY and CADJPY pairs, offering insights into their current market trends and potential trading strategies. Additionally, I dive into a long-term play on platinum, discussing why it could be a valuable addition to a portfolio given current market conditions. This episode provides a well-rounded look at both currency movements and a strategic commodity play.