We expect Platinum to erode the downtrend that started in May 2023 at the level of 931 and move upwards. Our confidence in this projection stems from two factors. Firstly, the market is rebounding off a robust 3-year uptrend, indicating a strong underlying support. Secondly, there's a notable divergence in the daily RSI, which indicates a loss in downward momentum...
5.23.23 This video is about Palladium... but it's a great video because it gives me a chance to show you some patterns that a lot of Traders will look for, but sometimes I neglect Talking about these patterns even though they affect my trade decisions. Another reason why you might want to look at this video is because your perception of the market can filter out...
5.22.23 I think there might be a long trade tonight on oil.... and I think there is a 1600 to $3,000 target potential... with a small stop. Even if the oil trade loses money, I think it's much easier to trade the oil setup than it is the Palladium set up..... I hope some of the people following me try to use some of these tools....And paper trade..... and get...
5.21.23 This video Is about a palladian trade tonight... Hypothetical. I drive the lines ...Including A grid. I show how the market traded and where there could have been some good trades leading up to this one. With this particular trade as it turns out... both buyers and sellers are essentially if you ticks away from having to trade... but I decided on the...
3.26.23 I had technical problems Uploading Videos yesterday..... this is Sunday and I managed to do one more video here to give you a perspective on how I might look at the market and judge Market behavior to find trade location. I should not have Determined that the market was going higher on the Thursday video. I show you why that is on today's video. My...
3.25.23 I titled this Palladium because I made a mistake That would have resulted in a $1,600 loss. It's a little bit more complicated than that and also, it was not necessary. I thought I could do this in one video. It turns out that it will take two videos so this will be part one of Palladium.... and I took a look at oil and gold for some visual references.
3.23.23 Palladium can be a very volatile market and this is what makes it very appealing... if you can afford it and you're comfortable with your trading. The details are in the video.... and I show A few opportunities to compare this market when it's ranging... which is A little different from what's going on now when we have a fairly solid support resistance...
3.15.23 Palladium made a long series of lower lows and lower highs until it traded down to the 618 retracement, I showed you how to draw a channel line using Andrews Forks,,, because it was easy to demonstrate on this particular chart. normally I do not like nor do I use channel lines at this stage of my life. In this case however it's significant that price...
11.3.22 Palladium is a volatile market, and can easily run a hundred and even 200 points in a day, which makes it very profitable if you're on the right side of the market I gave a review of the last couple days after I had a lot of trouble producing a video that was acceptable. I apologize for one of the bars that I started to analyze, but it was the wrong bar...
10. 24. 22 This is follow up on Palladium. Correction: It's $100 per point, not 1,000. I'm showing how I use Range boxes inside of larger range boxes to adjust my targets. There may be an ABCD pattern going higher, but we have to watch. 4 hour bar, and wait for the next four hour bar at the very least.
10. 20. 22 Palladium: If you go to Palladiums site on tradingview, it will the Palladium is bearish, and this is because the tool it makes this decision is an oscillator. What we are looking for is the market moving lower to a support, And finding buyers to go long. Oscillators are always the wrong tool for this kind of a trigger. The video explains in more detail.
9.29.22 Playdium looks like it's moving higher. Obviously, it would have been better to be a buyer a few days earlier when it closed the gap and failed to make a new low. Finding a good stop is a problem.
9. 13. 22 I looked at several markets that needed special attention. I tried has to be clean and uncluttered, it's critical to me. Natural gas needed some attention, it looks like it might trade higher. I would have taken profits on, and that was more a personal decision, and personal decisions are part of trading and will be unique for every trader. I ran out...
8. 17. 22 This is a follow-up Of Palladium which went up about $6,000, and then reversed in the early Hours. Since the marching is so high on Palladium, and my brokerage firm does not offer the mini contract, I am probably not going to post on this for now.
