how much return you expect from commodity market
- Thread starter ashwani chadha
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since i am working at eod but for entry purpose ,i am using six hour time frame,so till entry dont reach at eod,we try to save us from six hour.although it is not a good strategy.
we go on reshuffling our positions,according to requirement,till they dont reach at eod safely.
as my alumini buying was 108/75 so i closed in the morning at par and replaced it to lead long.my zink buying is also costly 97/85 then you.i added lead at 109/30 in the morning
i will again add alumini at 108/20 any time during the day
we go on reshuffling our positions,according to requirement,till they dont reach at eod safely.
as my alumini buying was 108/75 so i closed in the morning at par and replaced it to lead long.my zink buying is also costly 97/85 then you.i added lead at 109/30 in the morning
i will again add alumini at 108/20 any time during the day
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my lap top under repair,eod mts is in that,i am working at six hour at my desk top.six hour pivot is 400/-for copper which so week at present i dont advice to take entry without eod lower support.
six hour lower support is 397/30,so your fresh entry should not be more then 398/- with a stop loss of 396/50 as per six hour time frame
six hour lower support is 397/30,so your fresh entry should not be more then 398/- with a stop loss of 396/50 as per six hour time frame
to earn money from intra day trading is most difficult task,it requires very high leval of knowledge
when market open gap up /intra day trader buy under standing market is bullish
at that time swing trader start selling and intra day trader face loses
so i never recommend intraday trading
for entry you should use four hour,i am using six hour which is un common but serve my purpose
FOR ATR :YOU CAN TAKE SHARE KHAN TRADING ACCOUNT ,WITH THAT THEIR SOFTWARE IS FREE ,IT WILL SOLVE ALL YOUR PUPOSE
for entry standard support and resistance system you can use,if you will go through MY PREVIOUS POSTS, u will get detail
cotton can tell you,which software he is using for this standard pivot system
INITIALLY TRADE FEW LOT OF GOLD GUNIA IN STEAD OF GOLD mini ,SO THAT IN PRACTICE YOU DONT LOOSE ENOUGH AMOUNT
REST ANY THING YOU CAN ASK
when market open gap up /intra day trader buy under standing market is bullish
at that time swing trader start selling and intra day trader face loses
so i never recommend intraday trading
for entry you should use four hour,i am using six hour which is un common but serve my purpose
FOR ATR :YOU CAN TAKE SHARE KHAN TRADING ACCOUNT ,WITH THAT THEIR SOFTWARE IS FREE ,IT WILL SOLVE ALL YOUR PUPOSE
for entry standard support and resistance system you can use,if you will go through MY PREVIOUS POSTS, u will get detail
cotton can tell you,which software he is using for this standard pivot system
INITIALLY TRADE FEW LOT OF GOLD GUNIA IN STEAD OF GOLD mini ,SO THAT IN PRACTICE YOU DONT LOOSE ENOUGH AMOUNT
REST ANY THING YOU CAN ASK
Finally got my new laptop...still loading... 
dear cotton if you are in more then 2000/-profit in zink and alumini then you can go a head for lead around 108/30
by monday or tuesday i think all the three will be comfortable
at present i have zink/lead and given triger for buying aluminium at 108/40
CONG FOR NEW LAP TOP !!!!
I was semi-away (more glancing than reading) from the thread while practicing trading in Gold Guinea (and now I'm fully back.)
After receiving enough practice trading with gold guinea (with some profits on staying long) and a window of going long in lead opened, I have taken a long in lead since after 18:30 yesterday (~Rs 106) as the bottom price of lead seems to be Rs 101 and the potential top is Rs 123.
Today, I am risking a short in Silver. At 18:30 or 20:30, I may know whether going short in Silver is ok.
Veteran threaders such as @Ashwani and @Cotton, what are ya views on shorting silver??? Silver's EOD RSI seems to indicate stagnant prices or an opportunity for profits (if the price of Gold starts to reduce instead of rising as I've noticed that Gold's risen prices have slowed down Silver's price falls.)
After receiving enough practice trading with gold guinea (with some profits on staying long) and a window of going long in lead opened, I have taken a long in lead since after 18:30 yesterday (~Rs 106) as the bottom price of lead seems to be Rs 101 and the potential top is Rs 123.
Today, I am risking a short in Silver. At 18:30 or 20:30, I may know whether going short in Silver is ok.
Veteran threaders such as @Ashwani and @Cotton, what are ya views on shorting silver??? Silver's EOD RSI seems to indicate stagnant prices or an opportunity for profits (if the price of Gold starts to reduce instead of rising as I've noticed that Gold's risen prices have slowed down Silver's price falls.)
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