how much return you expect from commodity market

[ashwani chadha]

Ashwani sir or Niranjanji pls explain how to use EMA and RSI as a indicator in taking entry and exit decisions and detecting the change in trend.

at initial stage rsi is the best indicator,use it at one hour,once green line is above red line trend is long ,once red line is above green in rsi at one hour ,trend is considered short,your first indicator should be rsi at one hour

 

[ashwani chadha]

for the time being looking strong and once successfull in breaking eod resistance 53195

as 53195 is eod resistance,so to day up to 11.30 bears will try to close the price below this level,it will be their coninued effort through out the day

 

[apradhan]

at initial stage rsi is the best indicator,use it at one hour,once green line is above red line trend is long ,once red line is above green in rsi at one hour ,trend is considered short,your first indicator should be rsi at one hour

got it sir, will ask if any doubts come up when I go live trading.

How about using spread strategy for trading lead/zinc mini, came to know through iguru post:- http://www.traderji.com/commodities/45523-spread-trading-strategy-calculation.html

 

[apradhan]

at initial stage rsi is the best indicator,use it at one hour,once green line is above red line trend is long ,once red line is above green in rsi at one hour ,trend is considered short,your first indicator should be rsi at one hour

got it sir, will ask if any doubts come up with live trading

How about using spread strategy in intraday for lead/zinc mini, beatifully explained by iguru http://www.traderji.com/commodities/45523-spread-trading-strategy-calculation.html

 

[Niranjana]

Thats how we read the market actions and momentum and take positions.

 

[Niranjana]

Thats how we read the market actions and momentum and take positions.

Upper breakout complete.Now if beers fail to react ,then bulls will take iy over.

I am long from 52900.

 

[ashwani chadha]

Thats how we read the market actions and momentum and take positions.

your reading proved to be perfect

 

[Niranjana]

your reading proved to be perfect

Sir ,

Do we have next hurdle at 53650 to 53800 for bulls?

 

[Niranjana]

Look how price takes support at 15 EMA marked with arrow.Thats the place to add to existing longs with affordable s/l.

 

[ashwani chadha]

Look how price takes support at 15 EMA marked with arrow.Thats the place to add to existing longs with affordable s/l.

100 % perfect and 100% perfect way of trading!!!!