how much return you expect from commodity market

[ashwani chadha]

Is this ok as an alternative 4 hour chart? I haven't discovered much information on how 4 hour trading is calculated/formulated.

1100 to 1500
1500 to 1900
1900 to 2300

i think you should use 10 to 12 then 12 to 4 then 4 to 8 and then 8 to 11.30or you will have to convert it in to three period then these will be 10 to 12and12 to 6 and 6 to 11.30 first bar will be constant two hour(this is called consolidation bar) in case of stock market consolidation bar will be of one hour but in commodity market it will be two hour

 

[ashwani chadha]

Nifty @ 5534.20
[High=5546.90, Low=5475.30, Close=5534.20, LTP=5536.50]

P.P = 5518.80

R1=5562.30, R2=5590.40, R3=5633.90
S1=5490.70, S2=5447.20, S3=5419.10

Sir, I got this pivot point, resis and support
Is it right???.......

Actually I calculate by simplest method....

Now, If we go by protection concept then,
5490 to 5562 is No Man's Land
Now bulls have to save 5518.80 as its pivot support.
for short trend bear have to break 5518.80.
For confirmed short trend it bear have to break 5490....

Am I right sir??

yes standard formula will exactly work like this,you will handle the way you explained keeping in mind if market open gap up in between pivot and R1,NOW IT MEANS WE WILL TRADE ASSUMING TREND IS UP WE WILL BUY NEAR PIVOT WITH STOP LOSS BELOW PIVOT OUR TARGET IS RI IF IT CROSES RI THEN R 2 AND IN CASE OF SHORT MOVE EVERY THING REVERSE BUT REMEMBER ANY THING WHICH IS AVAILABLE AT INTER NETT TO EVERY BODY IS JUST PRIMARY LEVAL TO START WITH FOR FINAL LEVAL YOU WILL HAVE TO LEARN TO ENTER IN THE MINDS OF SENIORS AND THAT REQUIRE A LOT OF HARD WORK THAT IS POSSIBLE WHEN THEY ARE 90 OUT OF 100 AND YOU ARE ALSO 70 OUT OF 100 AND YOU KNOW NO BODY CAN BE 100 OUT OF 100

 

[ashwani chadha]

I think for prices before 22:00 (actually between 18:00 and 22:00) I can use PP of time frame 14:00 to 18:00???

I think for prices before 23:30 (or till next day market opening) I can use PP of time frame 18:00 to 22:00???

For trading between market opening (or 11:00 or 12:00) and 14:00, is using EOD PP normal practice?

Sharekhan has closing prices only at these times on 4 hour frame:
11:00
14:00
18:00
22:00
23:30
WHAT YOU EXPLAINED IS PERFECT BUT IT LOOKS YOU ARE USING OLD VERSION OF TT USE NEW THAT WILL GIVE BY DEFAULT 10TO 12 THEN 12 TO TO 4 THEN 4 TO 8 THEN 8 TO 11.30 REST IN 4 HOUR CONSIDER PREVIOUS BAR AS PREVIOUS DAY AND USE FORMULA

 

[ashwani chadha]

hope ashwani is ok, he has been quiet or away today.

If i'm trading or want to make a move after 20:30 or a particular time, i think it is ok to calculate pp from the last 4 hours from that particular time (pp from time frame of 16:30 to 20:30 for trading after 20:30) ???

you are right consider previous bar as previous day in four hour and above bars ( i was away to day )8th and 9 th .i am planning to go to chandigarh so i may not be available

 

[cotton]

so next few days you are going to relax ,i never asked you at which city you are working previously

I work at Noida but recently got new job at gurgoan..so would be traveling all the way from indirapuram to Gurgoan daily...so thought to go out for some days with by family friends...

 

[ayush2020]

yes standard formula will exactly work like this,you will handle the way you explained keeping in mind if market open gap up in between pivot and R1,NOW IT MEANS WE WILL TRADE ASSUMING TREND IS UP WE WILL BUY NEAR PIVOT WITH STOP LOSS BELOW PIVOT OUR TARGET IS RI IF IT CROSES RI THEN R 2 AND IN CASE OF SHORT MOVE EVERY THING REVERSE BUT REMEMBER ANY THING WHICH IS AVAILABLE AT INTER NETT TO EVERY BODY IS JUST PRIMARY LEVAL TO START WITH FOR FINAL LEVAL YOU WILL HAVE TO LEARN TO ENTER IN THE MINDS OF SENIORS AND THAT REQUIRE A LOT OF HARD WORK THAT IS POSSIBLE WHEN THEY ARE 90 OUT OF 100 AND YOU ARE ALSO 70 OUT OF 100 AND YOU KNOW NO BODY CAN BE 100 OUT OF 100

yes sir ji.. very true for us who r just a beginners...waiting for some more knowledge..as of now i understood the rules of PP...

 

[hardik0007]

you are right consider previous bar as previous day in four hour and above bars ( i was away to day )8th and 9 th .i am planning to go to chandigarh so i may not be available

This weekend Im goin out of Mumbai...

Thank you..

 

[ashwani chadha]

yes sir ji.. very true for us who r just a beginners...waiting for some more knowledge..as of now i understood the rules of PP...

now as the basics are clear to you, i would like to tell you that there are three basic ways according to which we trade any commodity or stock or index future

 

[ashwani chadha]

now as the basics are clear to you, i would like to tell you that there are three basic ways according to which we trade any commodity or stock or index future

one:move to move trading
two:correction to correction trading
three:move to correction trading

 

[ashwani chadha]

one:move to move trading
two:correction to correction trading
three:move to correction trading

now in these three type of trading systems ,there are two words one is move second is correction but their is third which we will have to understand and that is reversal