Get started
Platinum FuturesPlatinum FuturesPlatinum Futures

Platinum Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts Options

PL1! trade ideas

CME NYMEX:PL Platinum prices forecast, Buy, Target 1504Platinum Futures (CME NYMEX: PL, USD/ozt) Trade : Buy Dip Entry : 930 Target : 1504 (574, +61.72%) Stop : 850 (-80, -8.6%) Posted on Saturday, Dec 12, 2020 (EST) Note : Even though, it seems to be meaningful in the movement of platinum price. It's as if someone, a very powerful, is controlling the prices. The resistances would be 1150, 1505 and 1750. The support could be 867. When the prices drop below 950, it would be better to find opportunities to buy. From a long-term perspective, it would be better to do buy-trading than sell-trading.
NYMEX:PL1!Long
by Ptrade
023. PIGGISH PLAY - Staircase Long PPLT (Platinum)When I fly Delta back in the day of organized air travel, I was this close to obtaining Platinum status. Unfortunately, I was only able to achieve stupid Gold status, which is obviously not as good as Platinum. Obviously. Why on rare metal Earth is platinum/oz. nearly half the price of gold/oz. if Deltas platinum status is so much rarer to obtain than gold status? Well, Platinum used to be priced higher than gold until the manic Palladium run began. Some quick facts: As per the November report, Platinum demand greatly exceeds platinum supply in 2020 due to covid-related mine suspension. What's more, 2021 projections seem to extend this microeconomic imbalance into greater disparity. This report catalyzed one of the more low-key massive mean reversions back to nearly double the current price. Add in some printing and some overshoot and ya got what parity should look like today against gold. Long. Use options. Use equity. Go crazy with creativity. It's a metal, so those fib extensions will work no matter the EV of travel you choose to traverse the staircase of status. - Pigs Fly Platinum AMEX:PPLT TVC:PLATINUM TVC:GOLD TVC:SILVER
NYMEX:PL1!Long
by UnknownUnicorn5511258
7
Reversing Short to Long at: 941.3Ingenuity Trading Model- Swing Trading Algorithm used in- Stock, Forex, Futures, and Crypto markets The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For more information feel free to contact me via private chat
NYMEX:PL1!Long
by IngenuityTrading
Sell Signal: 930.7Ingenuity Trading Model- Swing Trading Algorithm used in all markets- Stocks, Forex, Futures, and Crypto The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For more information visit our website
NYMEX:PL1!Short
by IngenuityTrading