how much return you expect from commodity market

[ashwani chadha]

dear sir, there is a specific international system of mathematical,hiddon,support/resistance ,90% from these leval silver / gold will take a turn,when ever you have a position in any of these,you can ask from me ,from which leval these are expected to take a turn,& weather big guns are long or weather they are short at that particular time in these commodities,thanks

 

[sumeetsj]

Hey thats nice to know. Its a new concept for me.
I am mostly trading on technicals.
Is is possible for you to share more of your insight with me ?
I would love to learn more about it.
You can pm me.
Thanks.

 

[melissa1991]

hi ashwani...
im holding a short position in nickel at 1218...it iz currentlt in a loss of 11000 approx...im gona hold it 4 another week 4 it 2 cum down...can u plz comment on dis...i wil b vry obliged thank u....

 

[ashwani chadha]

dear melissa.nickel is on weekly charts, is in strong bull trend,but on eod ,since last two days, it is consolidating ,it means a small eod correction may come any time if that comes,you have to square up your position, at the end of that correction, even in some loss also,&at that time you will convert your position to long,your balance loss will be recovered from that long position,if correction dont comes,i will give you eod & weekly,support & resistance leval,so that you can take your decision,best of luck

 

[ashwani chadha]

dear sumit, mathatically hiddon support & resistance leval is a very comlicated technique,which require 10/15 year of pracital experionce as a trading strategist,not technical analysist,tech analysit is just a qualification like charterd accountant,it has nothing to do with, earning of money ,from commodity or stock market,for that you have to be a trading strategist,a trading strategist may or maynot be a technical analysist, because it is a skill based technique,& qualification is never a necessiry part of skills,these type of hiddon technique pass, from genration to genration, normally on blood relationship basis,rest you can take any help from me thank you

 

[ashwani chadha]

dear melissa, to day nikle weekly support leval is 1229/on manday a new weekly support leval will come, which will be around 1250 to 1260,it means the price will hesitate to go below these levals, if the weekly closing is below ,these weekly support leval, only then you can expect a short side reversal,you can take decision accordingly,reat you can ask any quiry, best of luck

 

[melissa1991]

Thx a lot ashwini 4 for your advice. it was really helpful i have already exited nickel n booked a loss...im short of funds now so cannot deal in any of the metals. but i can deal in natural gas. i hv longed natural gas yesterday at 201. i researched a little about it and found out news as well but yesterday as the inventory of nat gas was -189B it fell. is it a safe deal? natural gas is said to b rising in the future due to increase demand in china by 20%.
this is the news link http://www.commodityonline.com/mark...ory-data-due-tonight-2011-02-03-3013-3-1.html
http://www.commodityonline.com/news/China-natural-gas-demand-to-climb-20-this-year-36128-3-1.html
please help me on this it is my last chance to recover my losses.
regards
melissa

 

[rohans305]

Atleast 4-5 % within a month

 

[hoticecube]

Thx a lot ashwini 4 for your advice. it was really helpful i have already exited nickel n booked a loss...im short of funds now so cannot deal in any of the metals. but i can deal in natural gas. i hv longed natural gas yesterday at 201. i researched a little about it and found out news as well but yesterday as the inventory of nat gas was -189B it fell. is it a safe deal? natural gas is said to b rising in the future due to increase demand in china by 20%.
this is the news link http://www.commodityonline.com/mark...ory-data-due-tonight-2011-02-03-3013-3-1.html
http://www.commodityonline.com/news/China-natural-gas-demand-to-climb-20-this-year-36128-3-1.html
please help me on this it is my last chance to recover my losses.
regards
melissa

heyy melissa,
i dnt think u should really rely on "news" cz u dnt know hw will d market react on news only...go fr technicals...n dnt read much of "commodityonline"..they arnt of much use..

jst though i shud give my advice...!!

thnks
Akash

 

[melissa1991]

Hey akash,
Thanks for the advice. I really value it. But I have also heard that technical details can also fail. So now what to rely on ? Evryday after knowing the market more i seriously feel its just gambling.
P.S : What do you suggest about Holding or Exiting Natural gas. I have bought @ 201.20
Saturday closing : 197.20
Thanks