Member Info for Roydon1

@ 536

Oldjaybe
Sorry to predict bad news, but I agree with you, it will be a good entry or top up price for the future

GLA

George
I agree. 535
Copper price and Futures tumbled
Also the US market is over 2% down
IMHO
We might as KAZ down 5% or more tomorrow morning

Gla

Here we come !

I think a Re-Trace has started
Smart Money is Out most of yesterday
Copper Price down
Copper Futures down

GLA

Ouch :(((((
I see what you mean George
Never mind , you win some and loose some !
How about averaging down ?
The problem is that it can fall further, just like Kaz when they made the announcement to buy the mine in Russia !
So maybe leave it to settle down first.

I am sorry about this and hope you recover .

All the best

Sorry George

I mean 565 - 575

It has been a long day !!

I am looking to get back in when it is 3% - 5% of what it is now, which is very much what you said , around 365 - 375

Well done on good trade today, and good luck for the next one .

Cheers

@ 601
Will be looking to jump in back again when it calms down a bit
Well done everyone , and Good Luck

I am not a premium member
So , I can’t read private messages
Sorry my friend :((

Not seen here today !!

Maybe he has been washed out with his predicted BIG WAVE

LOL

Cheers Chaebol ,

Looking at the daily chart, I would say around 500 would be a good price to get in again, I do have another Tranche still running, so if it goes up then that's OK, and I will wait for a dip.

But if things don't get well at the G20 in the weekend, then it might slide down to 450 or even more.

GL

Out @ 560

Will wait for a new entry price.

GLA

Copper might breakout upward in the next few days.

IMHO, If it does, then I expect it to rise to £3/lb, or around that figure.

This will push Kaz SP to around 650 , which is about the right level where it will hit the 200MA on the Daily chart.

I would expect a nice rise tomorrow morning.

Fingers cross and GLA

Maybe this is the answer to my question

Moving UP now

Also Copper is Up and Copper Futures are UP

GLA

The SP range of movement is getting narrower and squeezed in a small range in the last few days.

I would expect a breakout soon, but the question is : Which way ?

UP or Down ?

Any thoughts anyone ?

Hereshoping, Auto

Hahaha, very funny

OK, I got it wrong, and my Candle melted down :))

I had trouble getting in here all evening, I don't know if anyone else got the same problem.

I believe that the Rally will continue tomorrow, and maybe for few more days for 3 reasons :

Todays Candle is an "Engulfing Bullish" on the daily chart

On the Daily Chart, The SP has bounced sucssefully off the 50MA upward, so it is now acting as a support line for the SP.

On the Daily Chart again, The 10MA is about to cross the 50MA upward (very Special).
Last time this happened, it was in Feb , and the SP went from £8 to £11 .

So , fingers crossed for the next few days, and hopefully we will hit £7.

GLA

You mean 560 ?
Yes, very hopeful ,
I had a limit sell order for 550 today, then I canceled it before the close
I think we will get to 560 tomorrow.

GL

Thanks Gentlemanjim,

I totally agree with your opinion, and it looks like they are making a good plan for the future.

GL