Platinum Futures

PL1! NYMEX

ALAOUAL

Platinum will rise next week keep it in the portfolio or double your investment The Target 1115 USD

mirecek44

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Mytyty

Possible rise channel 1 week long.

stuartjohnston1981

Trade 1 Target is 2 x the size of the candle (this strategy already appears to be more successful) = 973.8 entry is 1/3 of the size of the candle =958.2 stop order = 956.8 Trade 2 Target = 999.4 entry 983.5 stop order = 975.2 Trade 3 Target = 988.2 entry = 979.2 stop order =973.5 Although the targets are smaller, they are easier to accumulate over the time...

stuartjohnston1981

Entry = 1002.2 Stop Order =994.1 Target (4%) = 1040.4 The reason why I placed such a high target was that the trend was so bullish, 3% was already achieved by the succeeding candlestick, I therefore increased my target by an extra 1%. I also indicated other suitable entries. Platinum is certainly an area I will take a great deal of interest in.

bottomcatcher

'Short' trade idea for the mid term.

AntMwah

Pretty clear weekly close here above the falling trendline for the last 5years.

Andre_Cardoso

NYMEX:PL1! Safe Trades;

TolaTrader

For Platinum, the seasonal gain is quite clear. I'm very hapy to see positive price action at this time, making it a good edge on this trade.

AntMwah

Long term trend lines needed to make sense of current price action. Can only see this falling further.

AntMwah

Double Bottom "W" $10.10. Long now to the top of the "W".....

AntMwah

Regained and successfully retested $10.50 - double bottom. Looks a long set-up to $11.50

AntMwah

Convincing looking bounce off the 50% retrace. Am watching to see if this retakes the failed double bottom around $10.47 and 100DMA for confirmation of a long back to $11+

AntMwah

Trying to find support. $10.07 is 50% retrace. If this fails 200DMA at $9.90

AntMwah

Likes W shapes and double bottoms. Looks like we might have another which would give a long trade to around $1160 from here.

AntMwah

follow up to post from a few days ago. First target of $11.07 hit. Long now to $11.81 to retest the long-term resistance. I suspect it will form an inverse H&S upon hitting that resistance to build strength for potential higher move still.