PPLT - Chart Link - the other day junkie
asked about where to buy Platinum after I broke out, I said one
could buy it lower risk on a pullback retesting that previous
resistance.
that turned out well if you bought the dip near that former
resistance
Matt, The weekly chart of @PL is outstanding, and it should go
higher to $1,092 at least. I did not have guts to buy it yesterday
on a pullback, as the trailing stop on daily chart was at 978ish.
that's risking about $1K on a single contract. @PL did reverse at
the R1 support yesterday, but that is if one is able to watch
it during the day. I have a day job, unfortunately.
Do you have an indicator that displays the strength of the
current move? DVI in Tradestation and ADX in stockcharts,
perhaps?
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Platinum
Posted by matt on 17th of Jan 2020 at 03:34 pm
PPLT - Chart Link - the other day junkie asked about where to buy Platinum after I broke out, I said one could buy it lower risk on a pullback retesting that previous resistance.
that turned out well if you bought the dip near that former resistance
where would you look to
Posted by shecar on 17th of Jan 2020 at 06:29 pm
where would you look to sell something like this?
Matt, The weekly chart of
Posted by junkie on 17th of Jan 2020 at 04:27 pm
Matt, The weekly chart of @PL is outstanding, and it should go higher to $1,092 at least. I did not have guts to buy it yesterday on a pullback, as the trailing stop on daily chart was at 978ish. that's risking about $1K on a single contract. @PL did reverse at the R1 support yesterday, but that is if one is able to watch it during the day. I have a day job, unfortunately.
Do you have an indicator that displays the strength of the current move? DVI in Tradestation and ADX in stockcharts, perhaps?