Palladium making new highs, wow

    Posted by racerick on 22nd of Jan 2020 at 11:02 am

    Palladium making new highs, wow $10k move for if you owned 1 futures contract

    The average true range for

    Posted by junkie on 22nd of Jan 2020 at 11:41 am

    The average true range for palladium is something like 25 points. That is $2,500 on a single contract of palladium futures. Trading it is not for small accounts, below $50K. One also must be comfortable with momentum trading by adding contracts as it moves higher.

    Platinum is a lot cheaper and has more upside potential.

    again all PPLT did was

    Posted by matt on 22nd of Jan 2020 at 11:12 am

    again all PPLT did was textbook by breakout over resistance last week, then pulling back to re-test former resistance turned support, if you recall I replied to a question early last week said it would be a good buy PPLT pulled back to re-test that area and it was

    The breakout was also retested

    Posted by junkie on 22nd of Jan 2020 at 11:51 am

    The breakout was also retested yesterday. Yet a break-out is not strong enough to move higher. PPLT provides no leverage, so one must have enough capital to buy it and hold it in order to make some good money on the trade. IMHO, platinum futures are more attractive although more complicated. I never trade futures only based on the charts.

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