how much return you expect from commodity market

[ashwani chadha]

Fair market value gold april saturday closing 20973/---------------fair market value crude mar saturday closing 4673/----------------strategy to be followed:go long using fair market value as stop loss,take target profit during intra day when feel comfortable,close long at the end of day,if price breaks fmv during day ,close long at once & book loss (it is a pure intra day strategy)best of luck

 

[ashwani chadha]

it looks silver is the shining star of march at least & its first support for monday is 51800/- & its resistance is 54100/-,so as and when silver gives a dip and it is near to its support one should try to go long in it & try to have a long ride on END OF DAY BASIS BEST OF LUCK FOR MONDAY TRADING

as i am recommending, again & again ,since last few days that one should try to go long in silver /gold/ crude if some body has taken position in previous days then he should try to hold his long, with under mentioned end of day stop loss( SILVER-52372)(GOLD-20992)(CRUDE-4623) FOR NEAR LOT OF GOLD MINI & SILVER- MINI

 

[ashwani chadha]

fair market value gold april saturday closing 20973/---------------fair market value crude mar saturday closing 4673/----------------strategy to be followed:go long using fair market value as stop loss,take target profit during intra day when feel comfortable,close long at the end of day,if price breaks fmv during day ,close long at once & book loss (it is a pure intra day strategy)best of luck

pure intra day position gold mini stop loss at present is 21090-----pure intra day position crude stop loss at present is 4721-thanks

 

[ashwani chadha]

as i am recommending, again & again ,since last few days that one should try to go long in silver /gold/ crude if some body has taken position in previous days then he should try to hold his long, with under mentioned end of day stop loss( silver-52372)(gold-20992)(crude-4623) for near lot of gold mini & silver- mini

to day was quite a voletile day ,all the above three have fallen after an initial rise,once the correction is settled ,it will be an opportunity to go long & join the prime trend which is still long ,dont try to go short in these thanks

 

[sumeetsj]

I too think that the primary trend is upwards,
but,
now is the time to draw a few re-tracements on both Gold and Silver and look out for comfortable entry points.
My reason for saying this is:
Last time Silver(march expiry) made a high of somewhere near 46700 it started correcting a little bit and the low made was a little below 42000.
So with retracements one will know exact entry points. Otherwise anyone entering on little correction will be wiped out if it goes further down.

 

[ashwani chadha]

I too think that the primary trend is upwards,
but,
now is the time to draw a few re-tracements on both Gold and Silver and look out for comfortable entry points.
My reason for saying this is:
Last time Silver(march expiry) made a high of somewhere near 46700 it started correcting a little bit and the low made was a little below 42000.
So with retracements one will know exact entry points. Otherwise anyone entering on little correction will be wiped out if it goes further down.

dear sumeetsj:it is not the time to think of retracemet in silver at this stage, to day out of nine seven are in short,gold is in consolidation.as i never advise to go short in commodity, so only bet today is go long in silver i am giving you three imediate supports.53000/52640/51700,keeping these three in mind, you can take your decision,but just for going long be sure 51700 will not broke in my view,for me 51700 will be my stop loss i have already taken long to day thanks

 

[ashwani chadha]

dear sumeetsj:it is not the time to think of retracemet in silver at this stage, to day out of nine seven are in short,gold is in consolidation.as i never advise to go short in commodity, so only bet today is go long in silver i am giving you three imediate supports.53000/52640/51700,keeping these three in mind, you can take your decision,but just for going long be sure 51700 will not broke in my view,for me 51700 will be my stop loss i have already taken long to day thanks

as for as pure intra day position in silver, it is still in week zone or sell mod,it means it is trading below its fair market value,in my free time i will explain you,how this coccept is important in day to day trading,if you are aware of it then you dont need to look for long term retracements,let the big guns consider it , we are still small traders

 

[ashwani chadha]

as for as pure intra day position in silver, it is still in week zone or sell mod,it means it is trading below its fair market value,in my free time i will explain you,how this coccept is important in day to day trading,if you are aware of it then you dont need to look for long term retracements,let the big guns consider it , we are still small traders

what i am explaining is just for end of day position traders,pure intra day trader should not consider it strickly,other wise they may be caught

 

[ashwani chadha]

what i am explaining is just for end of day position traders,pure intra day trader should not consider it strickly,other wise they may be caught

dear sumrrtsj.at present fair market value of silver is 53800/- it is trading around 53500/- it shows ,intraday week ness, but i feel after 6 ,it should be strong , when it will cross its FMV i wiil try to leave a message,that will be a better place to go long thanks(fmp changes throughout the day)

 

[ashwani chadha]

dear sumrrtsj.at present fair market value of silver is 53800/- it is trading around 53500/- it shows ,intraday week ness, but i feel after 6 ,it should be strong , when it will cross its FMV i wiil try to leave a message,that will be a better place to go long thanks(fmp changes throughout the day)

sumeetsj;now silver is trading above its fmv 53800/-deceision is yours thanks