Trading Dr Copper in Futures

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#1 Wed, Jun 22, 2011 - 1:26pm
rishi
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Mumbai
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Trading Dr Copper in Futures

Hi

With Silver so rangebound, it might make more sense to swing trade in copper because of lower margins.

Even 0.10 movement fetches you a lot of money if you trade the direction.

Is anyone here trading Dr C ?

What are the best timeframes for swing trading this asset ; I am currently using one and five hourly charts ;

BB + stochs + RSI + MacD

Will be grateful for any guidance on this.

Would request forum seniors to post their trading calls in Copper if they are trading it.

thanks

Edited by: rishi on Nov 8, 2014 - 5:11am
Thu, Jun 23, 2011 - 12:26am
Vypuero
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I have been trading copper

In fact bought a contract just today. I am currently buying when it gets to low $4 range and looking to sell on a move over $4.10 or so. It seems range bound in that area but one day that will change either way again.

Wed, Jun 29, 2011 - 1:21pm
rishi
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Dude   If you are holding

Dude

If you are holding your copper in futures - must have doubled the money by now and a bit more.

Planning to short Dr Copper tomorrow or Friday , expecting a bit more upside.

Wed, Jun 29, 2011 - 3:38pm
Vypuero
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I shorted a bit early

To me it looks like a peak here at 4.20, I hit it at 4.18. It should drop to sub 4.10 again soon enough. If the market does not take a hit in the next week I am going to be in trouble.

Thu, Jun 30, 2011 - 8:40am
Vypuero
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bad move

I am out for now and covered that position. I had not shorted before - just bought at the dip and sold when it popped. It broke through its previous trading range, and I don't want to stay short on something I am fundamentally long on.

Thu, Oct 20, 2011 - 2:20pm
rishi
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David Banister in his

David Banister in his markettrendforecast is talking of Dr Copper going down till 2.69 !!!!

Thu, Oct 20, 2011 - 2:20pm
rishi
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Mumbai
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Joined: Jun 15, 2011
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David Banister in his

David Banister in his markettrendforecast is talking of Dr Copper going down till 2.69 !!!!