how much return you expect from commodity market

[hills_5000]

[/QUOTE]Thank you for your reply,

I am posting a chart of silver from GCI MT4 . It is in USD but the chart still remains the same. In this RSI is showing divergence , until it turned down on friday. So would you please elaborate , how we can use RSI like you have said.

2. Also , Mon was a strong green bar , which showed strength and engulfed the previous red bar. So how does a trader know that it is not a trap by the smart money , unless he has the the benefit of your guidance by way of giving us Pivots and Stop Loss.

I have read and understood the whole thread only today , hence , I was not in a position to short the rise as you have mentioned , but traded the divergences on the long side on shorter time frames. . That's why my query.

Thanks .

regards

Hi Sir,

I have spent the whole of today reading from page 1 of this thread and just finished reading it. Much enlightened. Doubts as follows .
1.. The excel sheet which was started by you ( going to be part of your book) which had entry data , trend , stop loss number etc ..is that still alive?

2. I have been mainly a divergence trader and taking profits out at fibo levels. I have noticed that price tends to die out at fibo levels and then retraces to lower fibo levels where buying starts again. But , like yesterday , bulls made an attempt to take the price up at around 1730/1800 our time , from 51050 levels it went til 517** levels but then fell back to 513** , 510** and then down rapidly. How does one avoid this. Or is it that the strategy is wrong and one should only enter at pivot levels ( long /short depending on what you tell us for the trend).

3. I have also noticed something called , hidden divergence. When price makes lower high but oscillator makes a higher high ( in downtrend and vice versa in uptrend). Hidden divergence will confirm to us that the trend is going to continue.The charts posted by Niranjana do show divergence but would it not be better to wait and see whether it is hidden divergence or not? BUT , if we do wait there is a chance , that on a 4hrly time frame we will be late in entering a position in case it turns out to a trend reversal ( and not hidden divergence) . So how does one avoid that.

4.. Your update , Sir , on trend , pivots and Stop loss for silver and gold. I do only micro lots.

Thanks and congratulations on the excellent system. God Bless You.


AT WHAT EVER TIME FRAME WE TRADE,BUT BEST THING IS TAKE A DIRECTION ,OF THE TREND FROM EOD BARS WITH THE HELP OF RSI AS INDICATOR
IN LAST SIX DAY, IN SILVER ,MONDAY TO SAT,TREND IN SILVER AS PER EOD RSI WAS SHORT
ON MONDY AND TUES ,ONE HOUR/FOUR HOUR TRADER WERE NOT ABLE TO TAKE THE PRICE NEAR THE PIVOT RESISTANCE,SO EOD TRADER DID NOT PARTICIPATED
FROM WED TO FRI PRICE WENT ABOVE PIVOT RESISTANCE,AND EVERY TIME FRESH SHORTS WERE BUILT
SO LAST WEEK ALL THE PRICE ACTION WAS IN LINE WITH TECHNICALS AND ALL THE MOVEMENT OF SILVER WERE PERFECT
I GAVE PIVOT LEVELS EVERY DAY THAT FROM WHERE EOD TRADER WILL BUILT FRESH SHORTS AND YOU MUST HAVE NOTICED FROM THAT LEVEL PRICE REVERSED
NOTE; SOLUTION TO YOUR PROBLEM IS USE RSI AT ONE HOUR CHART
AND TAKE MOVES ONLY IN THE DIRECTION OF PRIME TREND AND UP TO FRIDAY ,IN SILVER PRIME TREND WAS SHORT,SO NO MOVE ON LONG SIDE WAS REQUIRED THAT IS REAL TECHNICAL TRADING

 

[ayush2020]

dear cotton.how are u,i hope u will be enjoying there and also doing work.
your reply is 50 % right as for as entry part is concerned,as for exit part is concerned,i have pointed out at the thread ,several time that if your entry and exit both are at one hour,then u are trading one hour time frame not end of day
---again keep in mind that once we trade at eod ,for entry we can take the help of any lower time frame but for exit, we will use only eod time frame.
it means if we are move to move trader at eod-we will close long only at break of lower support
and if we are correction to correction trader,we will close our long on break of ,upper support ,if it is in confirmed long trend and if it is in no mans land then as a corr to corr trader we will close at lower support
but in no case for exit we will close as per one hour or even nine hour time frame,but we can enter at eod even with the help of one minute time frame also

Dear Boss , as you have indicated here abt two traders
1 is move to move trader
2 is correction to correction trader ...

want some more clarity on these two..if time permits thn it will be helpful for me...

 

[ashwani chadha]

Thank you for your reply,

I am posting a chart of silver from GCI MT4 . It is in USD but the chart still remains the same. In this RSI is showing divergence , until it turned down on friday. So would you please elaborate , how we can use RSI like you have said.

2. Also , Mon was a strong green bar , which showed strength and engulfed the previous red bar. So how does a trader know that it is not a trap by the smart money , unless he has the the benefit of your guidance by way of giving us Pivots and Stop Loss.

I have read and understood the whole thread only today , hence , I was not in a position to short the rise as you have mentioned , but traded the divergences on the long side on shorter time frames. . That's why my query.

Thanks .

regards

YES I HAVE SEEN THE CHART,FIRST YOU ARE USING JUST RSI LINE NOT SMOTHING OR TRIGER LINE ,IF YOU WILL USE TRIGER LINE(RED LINE)
THEN RED LINE IN THIS RSI INDICATOR WILL COME ON TOP AND GREEN ON BOTTOM,WHICH MEANS TREND IS ON THE SHORT SIDE NOT LONG
THIS GREEN BAR HAS NO VALIDITY AS AFTER A WIDE RANGE RED BAR ,SMALL GREEN BAR IS JUST CORRECTION AND IN THIS CASE AFTER TWO WIDE RED BARS,THIS GREEN BAR HAS NOT FULL FILLED THE CONDITION OF AT LEAST 1/3 RD OF CORRECTION OF PREVIOUS TWO WIDE RED BARS JOINTLY,SO THIS GREEN BAR IS JUST A CORRECTION BAR OF SHORT TREND -NOT TO BE CONSIDERED
TRIGER LINE AT RSI INDICATOR WILL CLEAR YOU ALL PICTURE

 

[ashwani chadha]

dear boss , as you have indicated here abt two traders
1 is move to move trader
2 is correction to correction trader ...

Want some more clarity on these two..if time permits thn it will be helpful for me...

i will shortly give more clarification,i have asked a question on this from niranjana, just to have an idea of the learners knowledge,once she reply in a day or so ,i will give detailed reply,so that every body can under stand

 

[ayush2020]

i will shortly give more clarification,i have asked a question on this from niranjana, just to have an idea of the learners knowledge,once she reply in a day or so ,i will give detailed reply,so that every body can under stand

ok...Boss.. Thanx Good night.. Tc

 

[hills_5000]

OK Sir... thanks ..understood...

Still waiting for your reply to a question I had asked earliar about the excel sheet. Is that still valid.

2.. Pivots and stop losses for Monday...

regards

Thank you for your reply,

I am posting a chart of silver from GCI MT4 . It is in USD but the chart still remains the same. In this RSI is showing divergence , until it turned down on friday. So would you please elaborate , how we can use RSI like you have said.

2. Also , Mon was a strong green bar , which showed strength and engulfed the previous red bar. So how does a trader know that it is not a trap by the smart money , unless he has the the benefit of your guidance by way of giving us Pivots and Stop Loss.

I have read and understood the whole thread only today , hence , I was not in a position to short the rise as you have mentioned , but traded the divergences on the long side on shorter time frames. . That's why my query.

Thanks .

regards



YES I HAVE SEEN THE CHART,FIRST YOU ARE USING JUST RSI LINE NOT SMOTHING OR TRIGER LINE ,IF YOU WILL USE TRIGER LINE(RED LINE)
THEN RED LINE IN THIS RSI INDICATOR WILL COME ON TOP AND GREEN ON BOTTOM,WHICH MEANS TREND IS ON THE SHORT SIDE NOT LONG
THIS GREEN BAR HAS NO VALIDITY AS AFTER A WIDE RANGE RED BAR ,SMALL GREEN BAR IS JUST CORRECTION AND IN THIS CASE AFTER TWO WIDE RED BARS,THIS GREEN BAR HAS NOT FULL FILLED THE CONDITION OF AT LEAST 1/3 RD OF CORRECTION OF PREVIOUS TWO WIDE RED BARS JOINTLY,SO THIS GREEN BAR IS JUST A CORRECTION BAR OF SHORT TREND -NOT TO BE CONSIDERED
TRIGER LINE AT RSI INDICATOR WILL CLEAR YOU ALL PICTURE

 

[ashwani chadha]

OK Sir... thanks ..understood...

Still waiting for your reply to a question I had asked earliar about the excel sheet. Is that still valid.

2.. Pivots and stop losses for Monday...

regards

that was a live demo which i gave for a month on basket trading technique,in a month demo doubled the amount invested,but after that it was discontinued,purpose to teach a technique of trading basket was over.
but u are welcome to ask ,if having some query on that technique of basket trading,pivots/stop loses for which commodity

 

[hills_5000]

OK. What I have understood so far is that the FMV formula is to be gauged from your mind ,using our own research and mind. This I will start with. Next , would appreciate if you could give me the pivot for silver and gold , and the EOD stoploss so that I can begin my journey under your guidance. The trend you have already said is down but right now could go either way , since the bears have th upper hand right now. In case that changes would you please let me know here.

Thanks

that was a live demo which i gave for a month on basket trading technique,in a month demo doubled the amount invested,but after that it was discontinued,purpose to teach a technique of trading basket was over.
but u are welcome to ask ,if having some query on that technique of basket trading,pivots/stop loses for which commodity

 

[hills_5000]

Sir I have calculated the pivot for silver micro november contract which closed at 51165 as 51427 with R1 at 51865 R2: 52303 and S1 :50911 and S2: 50396. This is with Fri OHLC.

Which means once we know the trend ( which you will guide us with ) we wait for the price to come close to pivot or any of the Resistances / supports for going short / long. Am I right Sir? Between R2 and S2 we are in no man's land where bulls and bears are both battling it out ? Above R2 we are in unconfirmed long and below S2 we are unconfirmed short.

Please correct me where I am wrong . Are these pivots and R & S correct? is my understanding of your concepts correct?

I use RSI (14) and Stochs ( 5,3,3) as indicators. KST I have not checked in angel diet since on weekends Odin is not available from their server.

Thanks again..

that was a live demo which i gave for a month on basket trading technique,in a month demo doubled the amount invested,but after that it was discontinued,purpose to teach a technique of trading basket was over.
but u are welcome to ask ,if having some query on that technique of basket trading,pivots/stop loses for which commodity

 

[Niranjana]

i will shortly give more clarification,i have asked a question on this from niranjana, just to have an idea of the learners knowledge,once she reply in a day or so ,i will give detailed reply,so that every body can under stand

Hi Sir,

Good afternoon.Again a nice trail of discussions.

I will try to put all my efforts to define these 2 terms from my end .Pls correct me.

1. Move to move trader : He takes trades in all the direction .Say if a trend is long and price goes from 5000 to 5500. he takes this long trade.

Then say price corrects from 5500 to 5300.Here he takes a short trades.Then again when correction stops at 5300 and price starts next wave of upmove he goes long. This means this type of trades is taking trades both with the trend and and against the trend (correction ).Means he is trading all moves in both
directions.In this case 5000 to 5500 is a single move, 5500 to 5300 is a single move and 5300 to upside is a another move.This trader has taken all the move .Thats why he is a move to move trader.

2.Correction to correction trader : He trades with trend in this case he takes trade from 5000 to 5500 .Then when correction starts he keeps queit.Then again when correction stops at 5300 and next wave of longs start he takes a fresh trade.Like this cycle repeats.

Hope I am right atleast by 1/4.