how much return you expect from commodity market

[cotton]

Ashwani how are you...hardly active on thread..i was out because of internet..but since yesterday its good now...got a backup internet also installed...if you have time..pls tell the rules opeing gap up and gap down..i am not able to co-relate the same and decide...

 

[hardik0007]

yester day long entry copper at 406/30,to day weekness ,being saturday ,irrelevent with trend,so go short was quite risky,square up short was a right decision!!!

Yes sir today it was hardly any trend.

 

[hardik0007]

Hardik at swing and eod its confirmed long...you should have gone long around 410.55...Ashwani could comment better...but this is my analysis...

Yes Cotton I shud have gone long. I didnt took advice and took reverse position.

Thank you

 

[ashwani chadha]

Hardik at swing and eod its confirmed long...you should have gone long around 410.55...Ashwani could comment better...but this is my analysis...

long was required at 406/30 it self yesterday ,from 4 hour swing entry,although it looks to day copper is week,as on saturday smart money is not present,so this weekness is irrelevent,cant go short in any case ,your view is perfect !!!but we can not enter from 410/55 leval(entry from center not allowed)

 

[cotton]

long was required at 406/30 it self yesterday ,from 4 hour swing entry,although it looks to day copper is week,as on saturday smart money is not present,so this weekness is irrelevent,cant go short in any case ,your view is perfect !!!but we can not enter from 410/55 leval(entry from center not allowed)

Exactly ashwani...we should not come in center but cant we get in the trend using the support and resistance method....

 

[ashwani chadha]

Ashwani how are you...hardly active on thread..i was out because of internet..but since yesterday its good now...got a backup internet also installed...if you have time..pls tell the rules opeing gap up and gap down..i am not able to co-relate the same and decide...[/QUOs


suppose trend in lead is long to day,but monday it opens gap down and at four hour swing ,first bar will come at 12 o clock(this is called consolidation bar in 13.5 hour commodity trading time frame: in stock market one hour is ok for consolidation bar)now if 12 o clock bar closing price dont come near previous day closing,it means either it is a correction day or reversal day for long move

 

[ashwani chadha]

Ashwani how are you...hardly active on thread..i was out because of internet..but since yesterday its good now...got a backup internet also installed...if you have time..pls tell the rules opeing gap up and gap down..i am not able to co-relate the same and decide...[/QUOs


suppose trend in lead is long to day,but monday it opens gap down and at four hour swing ,first bar will come at 12 o clock(this is called consolidation bar in 13.5 hour commodity trading time frame: in stock market one hour is ok for consolidation bar)now if 12 o clock bar closing price dont come near previous day closing,it means either it is a correction day or reversal day for long move

for short move every thing reverse to it

 

[ashwani chadha]

Exactly ashwani...we should not come in center but cant we get in the trend using the support and resistance method....

yes if move is confirmed long,then we will enter from pivot support of that time frame which we trade.in copper to day it was to go long at 410/25,with a stop loss of four hour closing below 408/85.this stop loss will go up ward again monday opening

 

[ashwani chadha]

yes if move is confirmed long,then we will enter from pivot support of that time frame which we trade.in copper to day it was to go long at 410/25,with a stop loss of four hour closing below 408/85.this stop loss will go up ward again monday opening

in simple long we will join the trend(simple long means price trading in no mans land)from support for long trade and from resistance for short trade

 

[cotton]

yes if move is confirmed long,then we will enter from pivot support of that time frame which we trade.in copper to day it was to go long at 410/25,with a stop loss of four hour closing below 408/85.this stop loss will go up ward again monday opening

Exactly this is what I was talking.... Joining the trend...