how much return you expect from commodity market

[ashwani chadha]

@Ashwani, the live pricing of Lead on international markets is http://www.kitcometals.com/charts/Lead.html

I had used http://www.kitcometals.com/charts/Zinc.html for tracking Zinc and it was very similar in movement to Indian markets.

While not perfect, I can at least know whether prices have risen or fallen during MCX closing hours. MCX opens at 00:30 on Kitco charts and I think MCX closes at 13:00 on Kitco/NY time.

yes at least we will be aware that weather the rise or fall is there in international market

 

[sumeetsj]

u can also check live charts here,

http://www.netdania.com/Products/li.../real-time-forex-charts/FinanceChart.aspx?m=c

 

[cotton]

@Ashwani, the live pricing of Lead on international markets is http://www.kitcometals.com/charts/Lead.html

I had used http://www.kitcometals.com/charts/Zinc.html for tracking Zinc and it was very similar in movement to Indian markets.

While not perfect, I can at least know whether prices have risen or fallen during MCX closing hours. MCX opens at 00:30 on Kitco charts and I think MCX closes at 13:00 on Kitco/NY time.

Ashwani I had used these charts are they are not that reliable.
Also when markets in india are closed the volatility shown is very high..and it does not show the correct picture..

 

[ashwani chadha]

Ashwani I had used these charts are they are not that reliable.
Also when markets in india are closed the volatility shown is very high..and it does not show the correct picture..

dear cotton.all world markets follow ,international markets,so is the case with mcx.
at six when international market open with in first five minute,indian commodity prices will match with international prices
so if we know where the international markets are going to open ,on the basis of various invevtory charts provided at these sites,which sites were provided to me by klewtar and sumeetsj to day then this information can be of some use to me
previously i was used to take decisions on the inventory information of natural gas and crude,but since last few months i have stoped this practice,basically it is against technicals and with the more experience i gained with the passing of time,i stoped every thing which is against technicals
TECHNICALLY WE ARE CONNECTED WITH,JUST IMPACT OF INFORMATIONS OF INTERNATIONAL MARKET ON INDIAN MARKETS and our decisions should be based on prices of indian markets only which reflects the impact of international markets

 

[ashwani chadha]

dear cotton.all world markets follow ,international markets,so is the case with mcx.
at six when international market open with in first five minute,indian commodity prices will match with international prices
so if we know where the international markets are going to open ,on the basis of various invevtory charts provided at these sites,which sites were provided to me by klewtar and sumeetsj to day then this information can be of some use to me
previously i was used to take decisions on the inventory information of natural gas and crude,but since last few months i have stoped this practice,basically it is against technicals and with the more experience i gained with the passing of time,i stoped every thing which is against technicals
TECHNICALLY WE ARE CONNECTED WITH,JUST IMPACT OF INFORMATIONS OF INTERNATIONAL MARKET ON INDIAN MARKETS and our decisions should be based on prices of indian markets only which reflects the impact of international markets

THESE ARE NOT, JUST THE TECHNICALS,WHICH EARN MONEY IN THE COMMODITY MARKET.
BUT THIS IS THE OVER ALL TRADING SKILL,WHICH EARN MONEY IN THE COMMODITY MARKET.
OVER ALL TRADING SKILL IS ALSO CALLED---MANAGEMENT OF A TRADE---
when a perfect combination in between---management of a trade---and ---money management---is formed---with proper balance---THEN MARKET STARTS GIVING LOT OF MONEY TO TRADER--- let us try to move towards that leval of knowledge jointly !!!!

 

[ashwani chadha]

these are not, just the technicals,which earn money in the commodity market.
But this is the over all trading skill,which earn money in the commodity market.
Over all trading skill is also called---management of a trade---
when a perfect combination in between---management of a trade---and ---money management---is formed---with proper balance---then market starts giving lot of money to trader--- let us try to move towards that leval of knowledge jointly !!!!

end of day stop loss for copper long tommorow---400.60
end of day stop loss for nickel long tommorow---973/-
it means if eod closing comes below this leval then we will close the long at 11.25 pm sharp other wise we will carry
(TO REDUCE RISK SIX HOUR TIME FRAME STOP LOSES HAS BEEN USED FOR THESE MAIN LOTS-IN CASE OF END OF DAY MOVE WE DONT CHANGE STOP LOSS DURING NEXT SIX HOURLY BAR IN THE DAY)

 

[ashwani chadha]

Since the markets are closed for independance day, I'm using http://www.kitcometals.com/charts/Lead.html to track international lead prices.

@Ashwani, it seems very unlikely for lead to reach 105.60 on Tuesday (commodity trading is new to me and it seems that an Rs 6 rise in 2 days may not happen.) I have been thinking of keeping my long until Rs 120 or at least Rs 115.

DEAR KLEWTAR,in my free time yesterday,i studied the whole site
of kitcometals to know what informations this site provides and i noticed that the pre hand information,which this site provides is,regarding inventory levals of various commodities,basically this information will work as a second support
to our buying and selling decisions,
with in next two weeks i will be familier with,how we can take benifit of information provided at this site
i am thankfull to klewtar/sumeetsj for providing information of these sites from time to time
and dear klewtar,i will be in a position to tell you ,how you can take benifit of this pre hand informations
to day i will try to use this informations in lead/zink/alumini to know how it benifits me in next three to four days

 

[ashwani chadha]

NIFTY IS AT PRESENT IN CLEAR SHORT TREND---DURING INTRA DAY MOVES,WHEN NIFTY TAKES JUMP ON UP SIDE--SOME WHERE AROUND 5143 LEVAL WITH A STOP LOSS OF 5211---ONE CAN TAKE SHORT FOR NEXT FEW DAYS--AS THESE ARE MATHEMATICAL RESISTANCE(5211) AND PIVOT RESISTANCE(5143) DATA BASED ON FRIDAY CLOSING-TENTATIVE TUESDAY LEVAL WILL BE APP 25 POINT BELOW THESE LEVAL --SO ONE CAN TAKE IN TO ACCOUNT THOSE 25 POINTS ,WHILE TAKING ACTUAL SHORT POSITION IN NIFTY-one should use his own discretion,while taking decision

nifty has opened gap up to day
this is sign of temporary strong ness in a week trend
these type of temporary strong ness are utilised to go short from resistance
to day six hour resistance leval is 5143 at present
and yesterday eod resistance leval was 5211
it means we can go short from six hour resistance with a stop loss of eod resistance
this is the safest risk reward place to go short
use your own discretion before taking actual position

 

[ashwani chadha]

nifty has opened gap up to day
this is sign of temporary strong ness in a week trend
these type of temporary strong ness are utilised to go short from resistance
to day six hour resistance leval is 5143 at present
and yesterday eod resistance leval was 5211
it means we can go short from six hour resistance with a stop loss of eod resistance
this is the safest risk reward place to go short
use your own discretion before taking actual position

gap down opening in aluminium,furthur opening below eod stop loss shows weekness,if not in major loss one should close his long in aluminium or at some intra day high one should close long in aluminium

 

[pav]

u can also check live charts here,

http://www.netdania.com/Products/li.../real-time-forex-charts/FinanceChart.aspx?m=c

Yes sumeet,very good site, i am also using that site since long time.