CFDs on Copper
Long

"That last candlestick bar is a breakout 4hour (4H) session "

13
I feel so sad because am in a situation
where i have to make a decision to receive government surpport.
Now personally i dont mind government surpport.

But doing it to please my family is not what i wanted.
It makes me sick.I hate politics.I love capitalism.
Eventhough capitalism and potics are related.

When you look at copper prices.Let me show
you a relation i saw.

On the futures prices of copper.I saw a weekly
brekout.This surprised me.It was at this time
that i then looked at the copper prices on the spot market.

TO my surprise i saw the manipulation for the
first time in my trading career,Instead of a breakout
it looked like an arbitrage.

I saw a perfect reversal on the weekly pattern.
How is that possible? When its clear
that a breakout price action is visible on the futures markets?

This connection between the futures market
of copper in india and the spot price in america.
Is something to thinnk about.

Its like mixing capitalism and politics it makes me sick
but maybe its a necessary evil just be careful
when you mix the two.

Stay humble, and see the attack coming and adjust your position
politics is very important and so dont ignore its power.

Just like studying the connection between the futures
markets and spot market.

If you look at this chart you will notice 3 candlestick patterns:

  1. -Doji
  2. -Hanging Man
  3. -Bearish Engulfing.


The two Red candlestick patterns you are
seeing shows you the breakout price action.
That last candle stick bar is a breakout 4hour (4H) session entry

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