XCUUSD trade ideas
The Copper Standard$1.20 worth of Australian 10c coins consists of 75% copper 25% nickel
Which means
12 x 10c AUD Coins = approx 2 Troy oz = (Cu = approx AUD) $6.31 x (2ounces x 0.75) + (Ni = approx AUD) $1.83 x (2oz x 0.25) = ($9.46 AUD + 0.92 AUD per 2 Troy oz) / 2 oz = 10.3763/2= $5.18 AUD
so if my math is correct, (and it is hard to get info on these metals in AUS, so figures are approximate) that means $1.2 AUD of 10c pieces is worth $5.18 AUD in metal
…Go figure
Shrapnel is now KING! Now I understand penny pinchers.
Ha ha haaa!
New trading strategy upgrade - CopperHi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
Ichimoku: Survey COPPER You believe that? Ichimoku: Survey COPPER You believe that?
if you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk.
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Copper is ready for higher pricesCopper's been trading tightly above the 50d/200dsma and is joining the commodities boom seen in agriculture and energy
Here's a view of the weekly chart with the 50 week moving average. That tightness in price action is exactly what you want to see before a major move higher. Measured target is at least mid 5s
New trading strategy upgrade - CopperH traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
New trading strategy upgrade - CopperI am still expecting the price will drop sharply in the near further towarding a new lower low.
Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE if you agree with my TRADING PLAN. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. My trading strategy is Price Auction - PA using Price movement only, your comments are highly welcome. Trade well & Good luck guys.
copper curve lineMost copper is used in electrical equipment such as wiring and motors. This is because it conducts both heat and electricity very well, and can be drawn into wires. It also has uses in construction (for example roofing and plumbing), and industrial machinery (such as heat exchangers).
Copper Hrly long | Algorithm Trades | Bifrost TradesCopper hrly long
⚠️ half risk due to lack of trend
buystop @ 4.3217
TP #1 @ 4.3585 80.65% wr
TP #2 @ 4.3976 54.84% wr
SL @ swing low 4.2900 16.13% hr
WR and HR determined from past trades.
See more trades like this on my profile or Bifrosttrades.com