Palladium pullback trade idea for mid-November

We called Palladium short for our Weekly TGSwings newsletter subscribers and it traded well and immaculately into the profit target and then some. There is a long extension now in play for Palladium which has taken a beating with precious metals since Friday. We present that long trade idea to you here with the hope that some of you will trade it at least in simulation and derive some postive results:

Trade idea


Associated Chart


Risk Disclosure: Futures, forex, currencies and stock/options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Past Performance Disclosure: Past performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between actively monitored performance results and the actual results subsequently achieved by anyone using any traders newsletter service . There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of actual or simulated performance results and all which can adversely affect trading results. Although, TradeGuidance never presents hypothetical or simulated trade results, all trades presented can be in a simulated using back-testing to demonstrate similar results.