Commodity Traders at TJ

[BNFTrader]

Hello

I am an active BNF trader and now I wanted to try my hand at trading Commodities.

The challenge seems to be the long trading hours. From the posts on this section (Commodity) it seems not many active Commodity traders are posting here on TJ.
It will be nice if those of us trading Commodities can get more interactive, no need for tips of recommendations,
just some chit - chat and sharing reminders about trading calendar / events etc.


The first scrip I am watching is Crude Oil. The strategy will be simple.

Look at the Hourly candles 4/5 days to decide the current trend on this time frame, once the trend is decided, then try trading only that side.
For e.g. when we look at MCX Crude Oil 15 Feb expiry on Hourly Chart the current trend seems to be UP, so looking for Long trades only.

How to decide the trend, no rigid rules or formula just look at the chart and choose what the eye sees, in event of any confusion, simply consider it to be a sideways :lol:

Thanks

 

[narangji]

Hello

I am an active BNF trader and now I wanted to try my hand at trading Commodities.

The challenge seems to be the long trading hours. From the posts on this section (Commodity) it seems not many active Commodity traders are posting here on TJ.
It will be nice if those of us trading Commodities can get more interactive, no need for tips of recommendations,
just some chit - chat and sharing reminders about trading calendar / events etc.


The first scrip I am watching is Crude Oil. The strategy will be simple.

Look at the Hourly candles 4/5 days to decide the current trend on this time frame, once the trend is decided, then try trading only that side.
For e.g. when we look at MCX Crude Oil 15 Feb expiry on Hourly Chart the current trend seems to be UP, so looking for Long trades only.

How to decide the trend, no rigid rules or formula just look at the chart and choose what the eye sees, in event of any confusion, simply consider it to be a sideways :lol:

Thanks

Hi

I am a newbie, I am interested to chit chat, yahoo skype, traderji forum learn your stratigies, share mine etc etc. I think it would be great as very few people actively comment in commodities section.

Regards
Narangji

 

[sangram1705]

Hello

I am an active BNF trader and now I wanted to try my hand at trading Commodities.

The challenge seems to be the long trading hours. From the posts on this section (Commodity) it seems not many active Commodity traders are posting here on TJ.
It will be nice if those of us trading Commodities can get more interactive, no need for tips of recommendations,
just some chit - chat and sharing reminders about trading calendar / events etc.


The first scrip I am watching is Crude Oil. The strategy will be simple.

Look at the Hourly candles 4/5 days to decide the current trend on this time frame, once the trend is decided, then try trading only that side.
For e.g. when we look at MCX Crude Oil 15 Feb expiry on Hourly Chart the current trend seems to be UP, so looking for Long trades only.

How to decide the trend, no rigid rules or formula just look at the chart and choose what the eye sees, in event of any confusion, simply consider it to be a sideways :lol:

Thanks

Pl dont mind, but I am a bit surprised with your definition of trend.

 

[VJAY]

Hello

I am an active BNF trader and now I wanted to try my hand at trading Commodities.

The challenge seems to be the long trading hours. From the posts on this section (Commodity) it seems not many active Commodity traders are posting here on TJ.
It will be nice if those of us trading Commodities can get more interactive, no need for tips of recommendations,
just some chit - chat and sharing reminders about trading calendar / events etc.


The first scrip I am watching is Crude Oil. The strategy will be simple.

Look at the Hourly candles 4/5 days to decide the current trend on this time frame, once the trend is decided, then try trading only that side.
For e.g. when we look at MCX Crude Oil 15 Feb expiry on Hourly Chart the current trend seems to be UP, so looking for Long trades only.

How to decide the trend, no rigid rules or formula just look at the chart and choose what the eye sees, in event of any confusion, simply consider it to be a sideways :lol:

Thanks

I tryed it (crude) last year for some months....its really horrible as for as health due to long trading hours...I started to feel like mad ...may be its due to my personality...so its only my views

 

[BNFTrader]

I tryed it (crude) last year for some months....its really horrible as for as health due to long trading hours...I started to feel like mad ...may be its due to my personality...so its only my views

Thanks Vijay

True its tough to be active for 14/15 hours.

Want to implement a routine where i take some steps for better health like stretching/yoga, pranayama/meditation etc
and see how that will help


Also Thanks everybody else for feedback.


There is one thread by DSM which is relatively active. A view on commodities


I think its better for all those who are interested to post / ask queries to do so on that thread and make it more active.

Thanks

 

[marimuthu13]

I tryed it (crude) last year for some months....its really horrible as for as health due to long trading hours...I started to feel like mad ...may be its due to my personality...so its only my views

HI VJAY
try crudeoil trading only between 7.31 pm to 10 PM...you wont trade again NSE for a sure...

 

[VJAY]

NF-Rule wise not got any trade today

 

[VJAY]

BNF

 

[narangji]

BNF

Vijay and marimitthu would request you be to participate more actively on commodities thread by DSM, so far ME Catch 22 and BNF trader are only three sharing. Would request you to share few tips or just be there to make it more lively

 

[amsin21]

Hello

I am an active BNF trader and now I wanted to try my hand at trading Commodities.

The challenge seems to be the long trading hours. From the posts on this section (Commodity) it seems not many active Commodity traders are posting here on TJ.
It will be nice if those of us trading Commodities can get more interactive, no need for tips of recommendations,
just some chit - chat and sharing reminders about trading calendar / events etc.


The first scrip I am watching is Crude Oil. The strategy will be simple.

Look at the Hourly candles 4/5 days to decide the current trend on this time frame, once the trend is decided, then try trading only that side.
For e.g. when we look at MCX Crude Oil 15 Feb expiry on Hourly Chart the current trend seems to be UP, so looking for Long trades only.

How to decide the trend, no rigid rules or formula just look at the chart and choose what the eye sees, in event of any confusion, simply consider it to be a sideways :lol:

Thanks

The trend decision should not be made on 1H charts ... it should be minimum based on 4H and daily charts .... 1H can be used for entry/exit or any TF of your interest ... also watch out the trend of DXY on 4H ...

Take decisions based on COMEX or NYMEX charts ... MCX is a simple follower ...

You can use investing dot com CL charts or open a demo with any brokers like Activtraders (MT5) or HotForex (MT4).

my 2 cents based on experience.