Breakout in copper

piyush08

Active Member
#1
Seems there is a breakout in copper from a triangle pattern.. Any one else's charts agree ?

At least today it should be a one way journey up. Take a long position with a 4-5 dollar stop and leave it overnight.. at least that what I am planning to do..
 

comm4300

Well-Known Member
#3
Seems there is a breakout in copper from a triangle pattern.. Any one else's charts agree ?

At least today it should be a one way journey up. Take a long position with a 4-5 dollar stop and leave it overnight.. at least that what I am planning to do..
agree. MCX copper has resistance around 412 levels.
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piyush08

Active Member
#7
hehe.. this chart seems to suggest a different scenario.. but its a bad idea to look at MCX copper chart. MCX copper just mimics CME copper. Which chart has had a breakout..volatile rupee movements nowadays lead to both charts appearing slightly different ...
 
#8
This is off topic.

But if i have to subscribe to international gold/silver/copper and crude data for real time feed, do I subscribe to COMEX or CME ?

I believe crude in US trades on NYMEX ?

BTW you can see international commodity prices on forexpros website but not much analysis is possible..
 

piyush08

Active Member
#9
CME for futures on S&P 500, other equity indices & fx pairs
Nymex - for energy products - crude, ng etc
Comex - for Gold/Silver/Copper

which software are you using btw ??
 
#10
Piyush

I have amibroker, tried esignal with it but not happy with it.

I had subscribed for Comex but was not happy with it. forexpros was better but less charting capabilities.

I recently found out about www.xtick.com but they offer CME futures.
 

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