XPDUSD: Palladium, long dips with stops under 691.16

Oct 2, 2016

Palladium is offering great potential here, with odds of getting you into a long term uptrend if you go long next weeek.
Risk is a drop under 616.16, so buy dips and add on a breakout of last week's high with the same stop loss.
The long term chart shows potential for a quarterly/6-month timeframe uptrend signal, so this makes Palladium particularly interesting.

Good luck,

Ivan Labrie.

Oct 3, 2016

Note

Up for the day, looks good.

Oct 4, 2016

Note

Price needs to hold here, else the uptrend will fail.

Oct 5, 2016

Trade closed: stop reached

Now we need to wait for 3 days to see if bulls step in.