Copper - Tariff affect ?
- Thread starter syswizard
- Start date
I keep thinking we are in chop mode, bases are being formed.
As copper is influenced by stock market behaviour plus fx behaviour, I'm just wondering if we will get this chop until maybe October has completed, summer vacation period being over.
We can only surmise and live day by day.
yesterday China A50, hangseng and copper buddy buddy together . And they hold hands and went down together as very good friends.
today during asian time, sgx simsci, china A50, hangseng, taiwan index, NQ have very long red candle.
Initially copper showed some hesitation to go down. Well. it started to go down.
Seems like laggard to me. anyway let's see how far it can go.
perhaps I will aim for > $1000 profit / lot.
Let's see what the Europeans are going to do to the copper.
today during asian time, sgx simsci, china A50, hangseng, taiwan index, NQ have very long red candle.
Initially copper showed some hesitation to go down. Well. it started to go down.
Seems like laggard to me. anyway let's see how far it can go.
perhaps I will aim for > $1000 profit / lot.
Let's see what the Europeans are going to do to the copper.
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Earlier yesterday, I was thinking to steer way clear of HG. I actually went long tonight. Strictly price action. Small line, tight stop. I don't trust this thing at all, but the price action is telling me to buy. With the USD winding stronger, I'm not sure I get it. But things always become clearer after the fact.
Such a tease.