Making a living trading Copper

[Lambuking]

Copper more or less stable .... USD more or less stable .... Should be a flat opening more or less .....

 

[Lambuking]

Yesterday Lows held ... Will look to go short at 427.15 ... S/L 429.00 .... T/P ... to be decided ....

 

[praveen taneja]

yesterday copper's movement was different in indian market as compared to international in the evening session , here it stayed near 428 level as internationally it was rising it was confusing......

its due to weakning $ not INR becoming stronger remember

 

[Lambuking]

Yesterday Lows held ... Will look to go short at 427.15 ... S/L 429.00 .... T/P ... to be decided ....

Trade Triggered at 427.15 ... Copper still stable in international market ... Volatility due to INR movement ... let's see ...

 

[praveen taneja]

US mkts are close so less chance of huge volatality

 

[Lambuking]

US mkts are close so less chance of huge volatality

yep .. thanks ...forgot all about that ... infact the whole week should be sort of stable ... lets see

 

[soft_trader]

pt ji jab dollar strong ho to india mein commodities ka price down hota hai ya badta hai???

badta hai.

 

[Lambuking]

i was a lilltle circumspect of this trade...
a stronger rupee helped your cause buddy..cheers :thumb:

Thanks .. wasn't even watching the trade ... got busy in work :annoyed: ... lets see if I can get out now ... International copper is moving up ...

Update : Holding for now .... Moved S/L to Break even i.e 426.90 ...

 

[Lambuking]

ya international copper is in an up leg of an rising channel pattern.It could continue till the upper trendline.

Yep ... Hopefully rupee will keep going up ....

 

[Lambuking]

Thanks .. wasn't even watching the trade ... got busy in work :annoyed: ... lets see if I can get out now ... International copper is moving up ...

Update : Holding for now .... Moved S/L to Break even i.e 426.90 ...

Market extremely dead ... Holiday in USA .... Took it off at 425.75 .....