Trading Dr Copper in Futures

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rishi
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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 admin on 11/08/2014 - 05:11
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.

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.

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.  

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.

rishi
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David Banister in his

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

rishi
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David Banister in his

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

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