how much return you expect from commodity market

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pav

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(1) move to move trading is real position trading
(2)this is the technique of position trading where we dont leave our position during correction
(3)fiobonacci retracement can be up to 70 % OF PROFIT GAINED(rounded off to 70 for simple calculation teaching)
(4)trade one profit 20000/-
(5)retracement 70 % losss 14000/-(it is a correction,so ignored no action taken)balance profit 20000-14000=6000
(6)move touched its lower support--so---position two added
(7)now move re gained its original trend from lower support---which is long
(8)profit of trade two 30000/-
(9)profit of trade one 6000+30000=36000
(10)total profit 30000+36000=66000
(11)retracement again started
(12)this time after retracement we will add third trade
(13)WHEN move will close we will be having 10 ---10--10---10--10-positions in hand
(14)at that time profit will be in lakhs not in thousands(THIS IS CALLED REAL POSITION TRADING)
(15)real position trading dont give return in %, BUT IT GIVES RETURN IN MULTI FOLD
(17)INVESTED 10000/- RETURN IN MOVE 10 FOLD-SO TEN THOUSAND CONVERTED TO 100000/-PROFIT OF SINGLE TRADE 90000/-THIS IS HOW MOVE TO MOVE TRADING WORK !!!!(ALL THE CONCEPTS OFF THIS TECHNIQUE ARE FROM MINE UP COMING BOOK-TO BE PUBLISHED SOME WHERE IN 2015)

Dear ashwani excelllent ....:clapping::clapping::clapping: :clap::thanx:
 
Thanks Ashwani.
But if we go with momemtum SL..what is it ?
dear cotton:
one:momentum stop loss will not work in gold due to high voletility in gold at present
two:when a trade is in full momentum,you can go long in it from its six hour pivot support
three:six hour pivot support for gold yesterday was 25250/-from where fresh entry yesterday was required to be taken
four:you will be caught very badely,if you will try to take at random position in high voletile commodity gold at present(except from six hour pivot support)
five:this 25350/- long in gold was required to be hold :
six:either from eod support which is 24378/-(this is not eod ATR stop loss.but this is eod support stop loss which i use,but you can use eod atr stop loss also)
seven:eek:r if you do not want to take high risk at once ,then from six hour it self stop loss which is 25086
eight:so with low risk of 25250-25086=164x10=1640 Rs long entry in gold was possible
nine:you can shift this six hour long trade to end of day trade ,at some later stage,when you are in good profit in gold
ten:THIS IS THE PERFECT WAY TO TAKE FRESH ENTRY IN MOMENTUM COMMODITY LIKE GOLD,WITH SO MUCH LOW RISK AND HIGH RETURN !!!!!!!!
 
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cotton

Well-Known Member
dear cotton:
one:momentum stop loss will not work in gold due to high voletility in gold at present
two:when a trade is in full momentum,you can go long in it from its six hour pivot support
three:six hour pivot support for gold yesterday was 25250/-from where fresh entry yesterday was required to be taken
four:you will be caught very badely,if you will try to take at random position in high voletile commodity gold at present(except from six hour pivot support)
five:this 25350/- long in gold was required to be hold :
six:either from eod support which is 24378/-(this is not eod ATR stop loss.but this is eod support stop loss which i use,but you can use eod atr stop loss also)
seven:eek:r if you do not want to take high risk at once ,then from six hour it self stop loss which is 25086
eight:so with low risk of 25250-25086=164x10=1640 Rs long entry in gold was possible
nine:you can shift this six hour long trade to end of day trade ,at some later stage,when you are in good profit in gold
ten:THIS IS THE PERFECT WAY TO TAKE FRESH ENTRY IN MOMENTUM COMMODITY LIKE GOLD,WITH SO MUCH LOW RISK AND HIGH RETURN !!!!!!!!

Thanks Ashwani for the understanding...Will check now the 6hr period you mentioned...
 
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