Here is my March Copper futures trade signal alert for the day of Feb 09th only. Sell stop entry signal below 3.0615 and first stop loss above 3.1190. Target 2.9500. If filled on my entry signal then each day I will move my protective stops to limit losses until I exit the position. I do not update my stop losses on this free service. A simple way to determine stop loss points is to use the 9 and 18 exponential averages.
“Copper at 3.1180 broke South indicating more of upcoming Bearishness for the Red metal. The fall is likely to continue and price could move to major long term support near 3.05. That if holds could produce a bounce to higher marks in the longer run….” http://www.livetradingnews.com
This commentary and chart is provided for informational and educational purposes only and is not a recommendation to buy or sell any gold contract. Here’s the chart which is provided by Barchart.com
Featured Trading Resources
- The Gold and Oil Guy For both traders and investors to explore the tools and techniques that discretionary and algorithmic traders need to profit in today’s competitive markets.
- The Market Trend Forcast Dedicated to assisting average investors find and identify major market trends, reversals, support/resistance and key …
- Superman Trade Alerts and Premium Research More often than not, he can spot momentum before others which is why his students love his alerts and research.