how much return you expect from commodity market

[ashwani chadha]

long trade :
Alumini : 108.30 sl : 107
zincm : 96.70 sl : 96

if end of dae closing come below this then close other wise hold/stop loss are perfect

 

[ashwani chadha]

very interesting reading. Nice strategy. A couple of questions. Are you all in the 4 hr trade or eod trade right now . B) where do you get the atr values to use . C) is the formula which ashwini has outlined for calculating stoploss using atr universal for all commodities being talked about here ? D) at what stage can i start

thanks

will answer after 11.30

 

[ushasunil]

Hi ashwani,
I have a query, can you please tell me whether it is good time to invest in gold( i mean buy gold)
thanks,
usha

 

[Klewtar]

I have recently noticed that the strongest price trend reversal (and what usually is the last major dip of the day in a bull market) occurs around 20:30 which is 11 AM New York time.

Perhaps the best time in the day, to safely go long in a bull market, without too much affect caused by a conservative stop loss is at 20:30 in the evening???

 

[vishumahajan]

zink eod lower support 96/-
eod reversal of all the three zink lead aluminium on the cards,but still not confirm require 2.5 atr stop loss for two three dae to hold long in all the three till reversal is not confirm,i will take long ani time at some dip

Ashwani sir, at this point which SL we should consider ? The ATR value for zinc is coming as 2.63.. If we go with 2.5 ATR EOD then it is 2.5 * 2.63 = 6.575 and SL based on this will be(assuming we are long) ====> yest CP - 6.575 i.e, 95.4 - 6.575 = 88.82

There is huge difference between these two stop losses(88.82 and 96) , so which one we shd consider at this point (EOD trading) ? Please advise if i am doing something wrong.

 

[vishumahajan]

Ashwani sir, can you please advise after 11:30 pm today which mini lots in metals are confirmed long/confirmed short.It will be helpful in the analysis on my end.

Thanks.

 

[ashwani chadha]

I have recently noticed that the strongest price trend reversal (and what usually is the last major dip of the day in a bull market) occurs around 20:30 which is 11 AM New York time.

Perhaps the best time in the day, to safely go long in a bull market, without too much affect caused by a conservative stop loss is at 20:30 in the evening???

i do observed the same thing in the evening

 

[ashwani chadha]

Ashwani sir, can you please advise after 11:30 pm today which mini lots in metals are confirmed long/confirmed short.It will be helpful in the analysis on my end.

Thanks.

yes i will tell

 

[ashwani chadha]

Ashwani sir, at this point which SL we should consider ? The ATR value for zinc is coming as 2.63.. If we go with 2.5 ATR EOD then it is 2.5 * 2.63 = 6.575 and SL based on this will be(assuming we are long) ====> yest CP - 6.575 i.e, 95.4 - 6.575 = 88.82

There is huge difference between these two stop losses(88.82 and 96) , so which one we shd consider at this point (EOD trading) ? Please advise if i am doing something wrong.

during reversal only 2.5 atr will work at eod,if one can not give 2.5 atr then he should take position after reversal, then all stop loss will work

 

[vishumahajan]

during reversal only 2.5 atr will work at eod,if one can not give 2.5 atr then he should take position after reversal, then all stop loss will work

From reversal you mean to say if we are long/short then closing the position and again entering as short/long (opposite action of the previous move) ?