60 min Flow in International Commodities.

[Prabhjeet]

What happened guys, nobody updating 60 min. Pivots.

BTW, Copper has gone on a rampage,hit 2 circuits in morning, tremendous vols. and price surge

 

[rajuwaste]

At least thread starter should encourage participants with his presence in this thread.

 

[dnjadeja]

sorry friends, Today I was engaged in some social works,

due to this I dont have any backupdata today....

lets see what happen....

btw all are seems in long mode ...

one more thing...

I m not master or sharp eyed in pivot findings...

I m also trying to catch this with help of u friends....

so this threads is to help teach each other with guidence of seniors like prabha , faith , bee....

I request seniours to guide....

dn jadeja

 

[pakatil]

Lucky Streak in Long Trade, still continuing....

PL - 12985 got broken, but filter survived again.

Now new PL = 12961. SAR at PL - Filter....

Cheers

 

[arjit]

Pakatil, what do u mean by filter?

 

[pakatil]

Filter is an arbitary value....say 20 / 30 / 40 / 50 / 60....

It is usually arrived with the help of Backtesting....

Cheers

 

[dnjadeja]

filter in gold should be 20 to 30

 

[rishig38]

filter in gold should be 20 to 30

more like 50...you will see when you do backtesting...

 

[abhinkoi]

What happened guys, nobody updating 60 min. Pivots.

BTW, Copper has gone on a rampage,hit 2 circuits in morning, tremendous vols. and price surge

Price increase without increase in OI can be fake/trap. See what has happened now..fell like anything...so be cautious in such cases..and keep an eye on price, volume and OI all 3 together...and learn to interpret their various combinations...

thx
abhi

 

[beethoven]

Friends,

I was just checking the open interest data of some popular commodities on NCDEX and MCX. Some figures at around 9:30 pm today were as under:

All are current month contracts

NCDEX Gold100MUM 65,400
NCDEX CopelCMUM 4,99,000 (this is electrolytic copper cathod)

Rest on NCDEX are pathetic

MCX GoldM 21,170
MCX SilverM 17,677
MCX CopperM 17,637

Rest all figures on MCX are lesser than these.

Now if we compare Gold and Copper, NCDEX seems to be having far more volume than MCX.

Then why are people here trading in MCX and not on NCDEX in these two commodities?

Bee