- Recent trades : Twice short, once long, in the 374-377 region. All stopped out for average loss of around US 3.5 cents per lb (contract is 25000 lbs) ie US$875 per contract each time.
- Weekly : Big triangle consolidation within downtrend, near to upper edge now. Lower leg support is at 349.
- Daily : Selling appears more likely to be rewarded now. There is a support line at 366.
- Trade : Re-sold HGH3 at 372. Sell stop-in add on break of 366. Hope is for eventual weekly triangle downside break.
12 February 2013
Copper : Short - Take 3
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment