how much return you expect from commodity market

[ashwani chadha]

dear cotton. eod positions take time to develop,but once they develop.their result are extrordinary and one successfull position at eod can manage five stop loses trigered and still lot of profit balance

last week after 4 day of hard work,i accumlated a basket,fifth day i was forced to square up basket by eod traders,what my fault? basket was a 4-hour swing basket

 

[hardik0007]

you are 100 % perfect!!!THATS WHAT I WAS TELLING YOU,WHEN I WILL EXPLAIN EACH CONCEPT,STEP BY STEP,EVERY THING WILL BE VERY CLEAR TO YOU.NOW YOU CAN UNDER STAND ,THERE IS NEVER A CONSOLIDATION ZONE,MARKET IS ALWAYS IN TREND WITH ONE EXCEPTION JUST 5 % TIME,IF CLOSING OF PRICE WILL BE APPROXIMATELY AT SUPPORT OR RESISTANCE,THEN IN CASE OF SUPPORT ,NEXT DAY IF IT BREAKS SUPPORT IT WILL GO IN CLEAR SHORT TREND BUT IF IT DONT ,SO IT WILL GO IN LONG TREND(UN CONFIRMED) FOR RESISTANCE ITS REVERSE,IN THAT CASE WE WILL SAY,TREND IS NOT DEFINED,LET IT DEFINE TOMMOROW MORNING,THEN WE WILL TAKE DECISION,NOW THAT 5% UN DEFINED IS ALSO CLEAR TO YOU

one doubt : 5% zone shud be at eod or at any point of time in day trading

If supp is at 5520 and resis at 5580 , price reverse from 5520 and go till 5580, price again reverse... so this is call 5% undefined zone.

Am I right sir??

 

[samastase]

Dear Ashwani,

I am a newcomer into the commodities markets and have been following your thread for the past few weeks. Nice stuff here. Thanks. A few questions and suggestions:
- It will be very helpful if everyday you could post a summary of support/resistance/trend for the different commodities.
- I am not clear on the difference between EOD and Swing trading. Could you please care to explain again. Also how to look at the charts for the same. I use ODIN but can get charts from other places if needed.
- I am long in Zinc at 97.55. Good trade? When to add one more position to the same.

Thanks again for helping newbies like us.

 

[ashwani chadha]

last week after 4 day of hard work,i accumlated a basket,fifth day i was forced to square up basket by eod traders,what my fault? basket was a 4-hour swing basket

dear cotton,at eod still 8 are short but at swing 8 are long,copper may be the second to go long at eod,but not gold,for position trading add one lot every day,not the full basket in one day,always keep risk in mind.gold is the undesired position to day still short at eod dont greed

 

[hardik0007]

when i was reading chart of nifty server closed,but what i read.nifty gone in short trend some where around 5900 leval,accurate will confirm tommorow,it re rntered in bull phase on friday by breaking resistance on swing at5482 and at eod at5528,so from clear short trend it entered in long trend(i think now you can under stand my technical language and you can under stand how you have to handle nifty,

Yep I understood....

 

[ashwani chadha]

one doubt : 5% zone shud be at eod or at any point of time in day trading

If supp is at 5520 and resis at 5580 , price reverse from 5520 and go till 5580, price again reverse... so this is call 5% undefined zone.

Am I right sir??

wrong will explain you later

 

[hardik0007]

protect means they will built short at this leval to save bear trend current pivot resi 5670(tentative)

Noted down levels... thank sir

below 5670 fresh selling wil be there and once break this level then bull will come for attack

 

[hardik0007]

gone long in zink 97.50(end of day position)eod stop loss closing below 96/-

Sir can I take position in zinc...at 97.50

 

[ashwani chadha]

Dear Ashwani,

I am a newcomer into the commodities markets and have been following your thread for the past few weeks. Nice stuff here. Thanks. A few questions and suggestions:
- It will be very helpful if everyday you could post a summary of support/resistance/trend for the different commodities.
- I am not clear on the difference between EOD and Swing trading. Could you please care to explain again. Also how to look at the charts for the same. I use ODIN but can get charts from other places if needed.
- I am long in Zinc at 97.55. Good trade? When to add one more position to the same.

Thanks again for helping newbies like us.

hold zink till end of day closing dont come below 96/-i do added at 97.50,you will get all information of zink(if positione sustained)( regarding s/l and adding positions)rest i will give balance reply later

 

[ashwani chadha]

Noted down levels... thank sir

below 5670 fresh selling wil be there and once break this level then bull will come for attack[/
100% perfect!!!
every day a new pivot comes always ask after opening of market for that day.5670 was for to day for tommorow will be new