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Old 06-23-2008, 11:10 AM   #5 (permalink)
trader123
Senior Member
 
Join Date: Jun 2008
Posts: 197
There is a resistance at $385, copper price looks weak as USD starts to strengthen in advance of Fed meeting on wednesday.

Shorted 1 lot of Comex Copper July at $382.20
Place a GTC stop at $387
Target level at $375
Value of 1 point = US$250

See here for copper chart: Metal Trading: Short 1 lot of Comex Copper July at $382.20
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