how much return you expect from commodity market

[ashwani chadha]

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) ?

not we but if the trend at eod is long and it is converting to short it means bears are trying to take controle from bulls they may succeed or not it creats high voletility so require 2.5 atr stop loss at that time

 

[cotton]

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

Ashwani..I am still holding the 2 long...I did not let Sl get triggered..should i trigger it or hold??

 

[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.

gold is in confirmed long
lead zink alumini silver all the four in non confirmed long(it means their end of day closing to day night is above lower support)
their lower support
silver 57285---price 59331
alumini 107---108
zink 95/60---95/70
lead 103/10---104
price is before averaging after averaging mcx gives in the morning

 

[ashwani chadha]

Ashwani..I am still holding the 2 long...I did not let Sl get triggered..should i trigger it or hold??

all in non confirmed long,i do have zink and lead,we will see what to do tommorow,in the morning 10 to 12 once consolidation period will finish then i will take decision for me and let you know,if not closed then ,till 12 we will have to wait,before furthur action

 

[cotton]

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 ashwani has outlined for calculating stoploss using ATR universal for all commodities being talked about here ? d) at what stage can I start

thanks

I will answer copuple of questions..rest Ashwani will answer..
Basically we all are EOD traders and Use 4 hr/any other time frame for our entry in the trend direction..Atr values are available in the sharekhan tradetiger..if you dont have tradetiger..you can calculate using the excel sheet also...if we can use on all commodities that ashwani can only answer...you can start very soon..just have MTS in place and start with gold guinea or silver micro to test your strategies...

Thanks

 

[hills_5000]

Thanks for the answer. I use angel diet. will chak if it gives ATR. but ATR is generally plotted as a graph. So how do i get the instantaneous value. Assume you use 4hr for entry , should i just read it off the graph for the current 4 hr period and apply it ? Else can I have the link for the the excel sheet?

Next how does the entry come ? and what pivots do you all use ? And what is MTS ?

thanks

I will answer copuple of questions..rest Ashwani will answer..
Basically we all are EOD traders and Use 4 hr/any other time frame for our entry in the trend direction..Atr values are available in the sharekhan tradetiger..if you dont have tradetiger..you can calculate using the excel sheet also...if we can use on all commodities that ashwani can only answer...you can start very soon..just have MTS in place and start with gold guinea or silver micro to test your strategies...

Thanks

 

[ashwani chadha]

I will answer copuple of questions..rest Ashwani will answer..
Basically we all are EOD traders and Use 4 hr/any other time frame for our entry in the trend direction..Atr values are available in the sharekhan tradetiger..if you dont have tradetiger..you can calculate using the excel sheet also...if we can use on all commodities that ashwani can only answer...you can start very soon..just have MTS in place and start with gold guinea or silver micro to test your strategies...

Thanks

hills cotton is 100 % right ,you can go a head as he advice

 

[ashwani chadha]

all in non confirmed long,i do have zink and lead,we will see what to do tommorow,in the morning 10 to 12 once consolidation period will finish then i will take decision for me and let you know,if not closed then ,till 12 we will have to wait,before furthur action

you can hold your longs till eod closing dont comes below lower support to day at 11.25 pm,if at 11.25 comes below lower support you can close at 11.25pm to day

 

[hills_5000]

Angel diet gives only TR..no ATR.. so what is the formula to be used . and what is ATR for today. I would like to use this to start observing before I take a trade. Also what pivots do you all use.

I would like to start silver micro and gold mini so what values for these

Entry and exit ? and we square off EOD ..correct ?

hills cotton is 100 % right ,you can go a head as he advice

 

[ashwani chadha]

Angel diet gives only TR..no ATR.. so what is the formula to be used . and what is ATR for today. I would like to use this to start observing before I take a trade. Also what pivots do you all use.

I would like to start silver micro and gold mini so what values for these

Entry and exit ? and we square off EOD ..correct ?

true range is single day voletility leval
average true rang is average of tr over a specific period of time
may be 10 14 or20 as one require more long more smooth
rest reply in free time