Today is Sunday, March 03rd and we are summing up the 9th trading week.
Open positions at the current moment:
Copper, 1 contract, long position.
Let’s take a closer look at last week’s deal.
Copper. The copper Buy setup was 01/20. We are well helped by seasonality. We have passed a strong resistance level (blue line). And we think that there may be a good trend. Levels of 325-330 are currently quite realistic. In addition, the seasonal factor shows that copper has growth prospects. We closed one lot for the target (profit $ 1275) and keep one lot for stop loss at the level of 285.90.
At the moment we see that a correction of copper is being formed.
Summing up the trading week:
Copper Profit $ 1275.
Today we will plan our trading for the next week.
Insider Week team
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