how much return you expect from commodity market

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ayush2020

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Our Silver Strategy as of now (for at least 2-3 weeks)
Ashwani bhai pls suggest whether it is correct or not..

1. Sell on higher levels, we wait for our charts to give sell confirmations and then only sell, as trend is down we will earn good in sell side mostly

2. Whenever we get a buy call on our chart, we do not buy. We wait for the move to "Top out" and then sell on high. As on longer time frame chart(longer trend) we are getting negative only.

3. When the trend in the longer time frame chart turns positive, we BUY

This is how i will be working in Silver for some time.
If any queries please feel free to ask.
yes some doubts here ... on 1st point at this point what will be the higher levels??
2nd point what is top out??

thanx
 

sumeetsj

Well-Known Member
yes some doubts here ... on 1st point at this point what will be the higher levels??
2nd point what is top out??

thanx


Say you are working by some chart settings and u get a BUY signal,
u do not buy and wait for the price to go up. Remember we are going to trade with the trend.
When the price goes up, the rally will start exhausting. Here is where u can take a short call.
This is precisely shorting at higher levels.
Top Out: When the price makes a high, comes down a little bit, starts going up again.
Then at the previous high again it takes resistance and starts coming down from there.
If this happens more than 2-3 times then u can say that the prices are topping out.
Exactly opposite of this is bottoming, bottom formation etc.
Trade can be taken as a short sell with a stop of 1-2% or a level exactly above where the prices were topping out
 

ayush2020

Well-Known Member


Say you are working by some chart settings and u get a BUY signal,
u do not buy and wait for the price to go up. Remember we are going to trade with the trend.
When the price goes up, the rally will start exhausting. Here is where u can take a short call.
This is precisely shorting at higher levels.
Top Out: When the price makes a high, comes down a little bit, starts going up again.
Then at the previous high again it takes resistance and starts coming down from there.
If this happens more than 2-3 times then u can say that the prices are topping out.
Exactly opposite of this is bottoming, bottom formation etc.
Trade can be taken as a short sell with a stop of 1-2% or a level exactly above where the prices were topping out
thanx summet ...:)
 
one:move to move trading
two:correction to correction trading
three:move to correction trading
one person in whom knowledge i have full faith is mr paul, as i felt due to some disciplinary reasons he has discontinued giving posts at his thred,if i have to ask this question from only one person,then it was only mr paul, from whom i can expect 100% perfect answer to this question but now i am asking this question from viewers of this thread before i explain how these three type of trading are different with each other QUESTION IS WHICH ARE THE TWO INDICATORS WHICH HELP US TO DISTINGISH AMONG THREE TYPE OF MOVES(i expect that at least six or seven regular viewers should atleast guiss even if it proves to be wrong
 
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Klewtar

Well-Known Member
QUESTION IS WHICH ARE THE TWO INDICATORS WHICH HELP US TO DISTINGISH AMONG THREE TYPE OF MOVES(i expect that at least six or seven regular viewers should atleast guiss even if it proves to be wrong
I apply:
-MACD on an EOD time frame.
-Stoch and MACD on hourly (>59 min) time frames.
-KST and MACD on minute (<11 min) based time frames.

I think Stoch is one of the indicators for move to move trading.
 
I apply:
-MACD on an EOD time frame.
-Stoch and MACD on hourly (>59 min) time frames.
-KST and MACD on minute (<11 min) based time frames.

I think Stoch is one of the indicators for move to move trading.
dear klewtar,you have well tried thanks.let us wait for other answers also, before we discuss furthur( i would like to tell you that how popular macd may be,but it is an invester enemy indicator and now it is out dated also,if you will try to use it on any mechnical trading system,it will always give you misleading resultS and your mechnical trading system will fail ,the traders who has latest knowledge on technicals they have changed it with know sure thing( kst)INDICATOR(THESE DAYS I AM ABSENT FROM THREAD DUE TO EXTRA ORDINARY TARGETS WHICH I HAVE TO ACHIVE BEFORE 31.03.2012,I HOPE VIEWERS WILL EXCUSE ME )
 

Klewtar

Well-Known Member
@Ashwani: I learned Stoch, MACD and RSI in September last year. KST looked very similar to RSI and that is why I did not pay much attention to it until ya mentioned in this thread to use KST as well.

I have only now started to pay closer attention to KST indications. I hope that I can become precise in TA with it.

All the best for achieving ya targets.

Edit:

I have recently noticed that (in trade tiger at least) while I pay attention to the red line for RSI, in KST it is the green line that is most important to read since it is the line that is the most immediately beneficial to read in KST?
 
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