Shorting Palladium

[maxinger]

Taking a jab short at 2405 level

great.
are you doing day trading?

there was a signal to short PA about one hour ago.
If we shorted it an hour ago, profit at this moment should be around $3000. Not sure if price will go further down.


yesterday PA broke the record and achieved the biggest day range of 157 points
ie 6.5 %

 

[CannonTrading_Ilan]

2314 is the next support level and low of the day so far ( 231390)....could get interesting if we break below it again....

 

[joederp]

Hi Ilan,
Do you know of an online resource for getting the periodic lease rates from LBMA for physical palladium? I scanned/searched their site and couldn't find it. Emailed them too, waiting on response.

 

[CannonTrading_Ilan]

Hi Ilan,
Do you know of an online resource for getting the periodic lease rates from LBMA for physical palladium? I scanned/searched their site and couldn't find it. Emailed them too, waiting on response.

Not off the top of my head...but I can PM you and see if our physicals/ OTC dept. can help with this? let me know or PM me.

 

[easymon1]

to

 

[maxinger]

 

[easymon1]

View attachment 217547

mr maxinger, pretty incredible. salute.

 

[maxinger]

mr maxinger, pretty incredible. salute.

well. If you see my earlier postings, I don't trade PA.

If PA is more trendy and more liquid (important factors for day trading), we could have earned >$10k / lot yesterday

 

[easymon1]

I don't trade PA

no problemo,
the only person ever heard of trading pa is he of big brass clankers, Mr heavenskrow.
the arrows on your chart were computer generated not done by hand, tho.
Good Stuff.
first look at PA for me. serious biz, lol.

 

[TraDaToR]

I am short PA H/M. Less risk but the movements can be drastic on the rolls. I almost puked on the last spike, but it looks fine now.