Shorting Palladium

Discussion in 'Commodity Futures' started by heavenskrow, Dec 21, 2019.

  1. maxinger

    maxinger

    great.
    are you doing day trading?

    there was a signal to short PA about one hour ago.
    If we shorted it an hour ago, profit at this moment should be around $3000. Not sure if price will go further down.


    yesterday PA broke the record and achieved the biggest day range of 157 points
    ie 6.5 %
     
    Last edited: Jan 22, 2020
    #21     Jan 22, 2020
  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    2314 is the next support level and low of the day so far ( 231390)....could get interesting if we break below it again....
    upload_2020-1-23_6-21-2.png
     
    #22     Jan 23, 2020
  3. joederp

    joederp

    Hi Ilan,
    Do you know of an online resource for getting the periodic lease rates from LBMA for physical palladium? I scanned/searched their site and couldn't find it. Emailed them too, waiting on response.
     
    #23     Jan 23, 2020
  4. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Not off the top of my head...but I can PM you and see if our physicals/ OTC dept. can help with this? let me know or PM me.
     
    #24     Jan 23, 2020
  5. easymon1

    easymon1

    pa 2020 0123 2350 10m.png pa 2020 0123 2346 30m.png
    to
     
    #25     Jan 23, 2020
    CannonTrading_Ilan likes this.
  6. maxinger

    maxinger

    pa.png
     
    #26     Jan 24, 2020
    CannonTrading_Ilan and easymon1 like this.
  7. easymon1

    easymon1

    #27     Jan 24, 2020
  8. maxinger

    maxinger


    well. If you see my earlier postings, I don't trade PA.

    If PA is more trendy and more liquid (important factors for day trading), we could have earned >$10k / lot yesterday
     
    #28     Jan 24, 2020
  9. easymon1

    easymon1

    no problemo,
    the only person ever heard of trading pa is he of big brass clankers, Mr heavenskrow.
    the arrows on your chart were computer generated not done by hand, tho.
    Good Stuff.
    first look at PA for me. serious biz, lol.
     
    Last edited: Jan 24, 2020
    #29     Jan 24, 2020
  10. TraDaToR

    TraDaToR

    I am short PA H/M. Less risk but the movements can be drastic on the rolls. I almost puked on the last spike, but it looks fine now.
     
    #30     Jan 24, 2020