how much return you expect from commodity market

[ashwani chadha]

Boss,
let us say in crude 10am-6pm high is 4200 and low is 4150. so how we will take the positions??

is it like this after 6pm above 4200 we will buy crude or below 4150 will go short?? if it is correct thn what will be our stop loss? and where we can add more number lots to our existing positions??

one more scenario im having doubt is let us say i have taken long position around 6pm and it has made high around 9 pm thn it came down some points.so we r loosing some profits here..how to minimize this kind of situations?

dear ayush,here as u are feeling trouble to under stand what i am going to teach,the fault is not at your end but the main culprit behind it are those professionals who speak on various tv channel through out the day but 50% among them are those who are connected with some brokerage house, they them selves are having some connected degree or dip loma but no practical knowledge,so normally small investers are mis guided,u are not an exception to it,so first i will give one or two post on misconception popular in market so that u can under stand things correctly(basically i will have to wash out mind of small investers from misconceptions,so that at what ever point they have been misguided that can be removed from their mind so that they can furthur go on right track:to be continued (removal of misconception)dear ayush thanks for the post

 

[ashwani chadha]

Boss,
let us say in crude 10am-6pm high is 4200 and low is 4150. so how we will take the positions??

is it like this after 6pm above 4200 we will buy crude or below 4150 will go short?? if it is correct thn what will be our stop loss? and where we can add more number lots to our existing positions??

one more scenario im having doubt is let us say i have taken long position around 6pm and it has made high around 9 pm thn it came down some points.so we r loosing some profits here..how to minimize this kind of situations?

so dear ayush,after washing out your mind i will give answer to crude oil question so that u can under stand where u are doing mistake

 

[ashwani chadha]

so dear ayush,after washing out your mind i will give answer to crude oil question so that u can under stand where u are doing mistake

CLARIFICATION ONE:U SHOULD BE CLEAR IN MIND THAT WHAT EVER TIME FRAME U FOLLOW, 5 MINUTE OR FOUR HOUR,U WILL TAKE DECISION ON THE BASIS OF LAST PRICE OF A CLOSED BAR NOT EVEN ONE MINUTE BEFORE IT,SO IN NINE HOUR TIME FRAME IF AT SIX O CLOCK BAR CLOSING IS 5200 THEN U ARE CONNECTED WITH 5200 CLOSING PRICE AND NOTHING MORE,U ARE NOT SUPPOSED TO THINK OF REGARDING HIGH AND LOW DURING 10 TO SIX PM,TO AVOID THIS CONFUSION RULE OF DECISION AT CLOSE OF BAR WAS FORMED FROM TOP TRADING MINDS OF THE WORLD.
PRICE WILL CHANGE 1000 TIME DURING THESE EIGHT HOUR TEN TO SIX,U CAN NOT TAKE DECISION 1000 TIME AND CHANGE IT AFTER EVERI FIVE MINUTE IT IS IMMPOSSIBLE

 

[ashwani chadha]

CLARIFICATION ONE:U SHOULD BE CLEAR IN MIND THAT WHAT EVER TIME FRAME U FOLLOW, 5 MINUTE OR FOUR HOUR,U WILL TAKE DECISION ON THE BASIS OF LAST PRICE OF A CLOSED BAR NOT EVEN ONE MINUTE BEFORE IT,SO IN NINE HOUR TIME FRAME IF AT SIX O CLOCK BAR CLOSING IS 5200 THEN U ARE CONNECTED WITH 5200 CLOSING PRICE AND NOTHING MORE,U ARE NOT SUPPOSED TO THINK OF REGARDING HIGH AND LOW DURING 10 TO SIX PM,TO AVOID THIS CONFUSION RULE OF DECISION AT CLOSE OF BAR WAS FORMED FROM TOP TRADING MINDS OF THE WORLD.
PRICE WILL CHANGE 1000 TIME DURING THESE EIGHT HOUR TEN TO SIX,U CAN NOT TAKE DECISION 1000 TIME AND CHANGE IT AFTER EVERI FIVE MINUTE IT IS IMMPOSSIBLE

CLARIFICATION TWO:USE OFF HIGH AND LOW WHILE NEW ENTRI IS TAKEN,IS CONSIDERED BUT AS A FRESHER,ONCE U KNOW THE SUPPORT AND RESISTANCE AS U ARE A MATURED TRADER NOW AND U KNOW THAT WHILE BUYING AT LOWER SUPPORT THE STOP LOSS WILL BE JUST NEAR TO NILL THEN WHY U WILL CONSIDER OTHER OPTIONS OF BUYING AT BREAK OF HIGH OR LOW

 

[ashwani chadha]

CLARIFICATION TWO:USE OFF HIGH AND LOW WHILE NEW ENTRI IS TAKEN,IS CONSIDERED BUT AS A FRESHER,ONCE U KNOW THE SUPPORT AND RESISTANCE AS U ARE A MATURED TRADER NOW AND U KNOW THAT WHILE BUYING AT LOWER SUPPORT THE STOP LOSS WILL BE JUST NEAR TO NILL THEN WHY U WILL CONSIDER OTHER OPTIONS OF BUYING AT BREAK OF HIGH OR LOW

CLARIFICATION THREEEAR AYUSH IF U HAVE READ ALL MY PREVIOUS POSTS,THEN U MUST BE AWARE THAT FRESH MOVE IS TAKEN SLIGHTLY ABOVE LOWER SUPPORT AND IT IS CLOSED WHEN UPPER SUPPORT IS BROKEN,IF IT HAS GONE IN CONFIRMED LONG TREND OTHER WISE NEAR RESISTANCE:to be continued for final clarification four

 

[ayush2020]

CLARIFICATION THREEEAR AYUSH IF U HAVE READ ALL MY PREVIOUS POSTS,THEN U MUST BE AWARE THAT FRESH MOVE IS TAKEN SLIGHTLY ABOVE LOWER SUPPORT AND IT IS CLOSED WHEN UPPER SUPPORT IS BROKEN,IF IT HAS GONE IN CONFIRMED LONG TREND OTHER WISE NEAR RESISTANCE:to be continued for final clarification four

Boss, gm ..gone through your all posts.yes I understood upto these points. . what r the home works i need to do so that which will help me a lot in future..

waiting for 4 th one..thanx

 

[ravinder0509]

Sir,

Please tell how to trade based on the nine hour bars and how to get into trade and how to calculate supp/res for trading. You really have great understanding of the market, so looking forward to learn from you this main aspect of trading as how to initiate trade based on the nine hour time frame for position trading.

Thanks
Ravinder

 

[vishumahajan]

Ashwani sir,

Are you using trade tiger 2 ? If yes then can you please let me know the settings you did or configured something on your laptop ?

I have two laptops (windows vista - 32 bit and windows 7 - 64 bit) but on both its not working (it will crash the moment i logged in) so i am using the older trade tiger version.

Also , is there any big difference between older and the new version ? Please help me out, i already reached the customer care of share khan but all efforts in vain.

 

[ashwani chadha]

Boss, gm ..gone through your all posts.yes I understood upto these points. . what r the home works i need to do so that which will help me a lot in future..

waiting for 4 th one..thanx

clarification four:in m previous posts,i have alreadi explained that when lower resistance breaks it becomes lower support and wheather some one is a small investor or HNI WITH PERFECT KNOWLEDGE but everi bodi has this best option to go long from lower support and when move reach in confirmed long trend after that when upper support is broken then long is closed but onli small invester will do it,last time one thing i have not cleared that sistem of closing of move of hni position trader who has surplus funds and who do not like to bother regarding corrections will be different from small investers
AND REMEMBER THAT IS THE MAIN REASON OF THEIR EXTRAORDINARI SUCCESS AND THAT DIFFERENCE IS HNI WILL OPEN THE MOVE AT LOWER SUPPORT AND HNI WITH PERFECT KNOWLEDGE WILL CLOSE THE MOVE ALSO AT LOWER SUPPORT:I WILL EXPLAIN WHAT IS THE LOGIC BEHIND ADOPTING THIS SISTEM WHICH IS QUITE COMPLICATED BUT STILL SUCCESSFULL IN NEXT POST

 

[ayush2020]

clarification four:in m previous posts,i have alreadi explained that when lower resistance breaks it becomes lower support and wheather some one is a small investor or HNI WITH PERFECT KNOWLEDGE but everi bodi has this best option to go long from lower support and when move reach in confirmed long trend after that when upper support is broken then long is closed but onli small invester will do it,last time one thing i have not cleared that sistem of closing of move of hni position trader who has surplus funds and who do not like to bother regarding corrections will be different from small investers
AND REMEMBER THAT IS THE MAIN REASON OF THEIR EXTRAORDINARI SUCCESS AND THAT DIFFERENCE IS HNI WILL OPEN THE MOVE AT LOWER SUPPORT AND HNI WITH PERFECT KNOWLEDGE WILL CLOSE THE MOVE ALSO AT LOWER SUPPORT:I WILL EXPLAIN WHAT IS THE LOGIC BEHIND ADOPTING THIS SISTEM WHICH IS QUITE COMPLICATED BUT STILL SUCCESSFULL IN NEXT POST

Boss, ge. plz correct me if im wrong here also !!
2 resistance and 2 support and 1 pivot point which is calculated on daily basis..

so as of now what i understood is around lower support we r going long position with small risk. and when it reaches first resistance thn that resistance become next support line ..and for selling the reverse ..hope im on correct path...