how much return you expect from commodity market

Status
Not open for further replies.
good morning to every body,CASE OF NIFTY
nifty support yesterday---------------------------------------------5318
less value of one momentum-------------------------------------------23
net value of trailing stop loss for to day to be given at opening of market5295
so to day trailing stop loss 5295-yesterday trailing stop loss 5264 hence net gain for locking 31 Rs per pointx50 point of one nifty=1550 RS
PROFIT LOCKED TO DAY IN ONE LOT OF NIFTY 1550 RS
HAPPY TRADING TO DAY
good morning to every body,
nifty support yesterday ----------------------------------------------5316
less value of one momentum--------------------------------------------38
trailing stop loss for to day--------------------------------------------5278
as trade is going against us so value of momentum has increased from 23 to 38 points
since 5278 is just protective stop loss ,although it is below previous day stop loss,still we will use it
OUR REAL TRAILING STOP LOSS IS, LAST END OF DAY BAR CLOSING BELOW SUPPORT.HENCE PRICE SHIFTED TO CONFIRMED SHORT TREND AND IN THAT CASE THIS SUPPORT WILL BECOME RESISTANCE FOR US.AND WE WILL CLOSE OUR LONG TRADE AT 3.25 PM TO DAY.BUT JUST TRADE WILL CLOSE AND WE WILL NOT GO SHORT.BUT WE WILL WAIT TO GO SHORT AT THE NEXT TRADE SET UP TO GO SHORT IN NIFTY
HAPPY TRADING TO DAY
 
Last edited:
case of silver
dear vishumajahan,
long entry came in silver as on 30/12/2011 at 50694 and you was one of those,who bought it just at first day when long momentum started in silver micro and till to day trailing stop loss of silver is in tact
support of silver micro yesterday ----------------------------56414 rs
value of one momentum silver micro feb future-----------------501 rs
net value of trailing stop loss for to day--(56414-501=55913)--
closing price yesterday 57182-value of stop loss 55913=risk factor-----1269 rs
CASE OF SILVER

yesterday support -------------------------------------------- 56409
yesterday momentum value------------------------------------493
protective stop loss for to day-------------------------------55916
both stop loses are app equal so nothing locked to day
but will close the long to day if to day eod bar will close below lower support,hence support become resistance for next day
 
Last edited:
case of copper:long momentum started in copper 3 feb
optimum long entry price at 413/10
yesterday support-----------------419/40
value of one momentum-------------1/40
net trailing stop loss for to day 419/40-1/40=418 rs
yesterday closing price 434/60-entry price 413/10=net gain 21.50x250 kg=5375
value at risk-434/60-418=16/60x250=4150 rs
CASE OF COPPER

support---------------------------------------------------------- 420/70
momentum value-------------------------------------------------4/55
protective stop loss--------------------------------------------416/15
long will be closed if eod closing will come below to day support which will become resistance for tomorrow
this system is a move to move trading system,in this system during correction ,trades are kept opened
as yesterday correction was their in nifty/silver/copper but we have kept all the trade opened,till we don't get exit set up to day
 
Last edited:
CASE OF COPPER

support---------------------------------------------------------- 420/70
momentum value-------------------------------------------------4/55
protective stop loss--------------------------------------------416/15
long will be closed if eod closing will come below to day support which will become resistance for tomorrow
this system is a move to move trading system,in this system during correction ,trades are kept opened
as yesterday correction was their in nifty/silver/copper but we have kept all the trade opened,till we don't get exit set up to day
ashwani ji what will be next entry level for copper.and one more thing i checked rsi 14 for 5 min 1 hr 5 hr 1 day all are different.which one to follow?
 
CASE OF LEAD:long momentum started in lead 3 Feb
optimum entry time 6 o clock at 106/40
initial stop loss low of 2 Feb wide red bar 104/90
yesterday support 106/80
value of one momentum 1/10
net trailing stop loss for to day 106/80-1/10=105/70
profit till yesterday 109/20-106.40=2800 Rs
value at risk 109/20-105/70=3500 Rs
CASE OF LEAD
dear cotton,one:yesterday stop loss was 105/70 it was hit,so technically trade was closed yesterday
two:at eod closing of lead was in confirmed short trend,so at 11.55 trade was required to be closed ,even if stop loss was not hit yesterday
three:to day green bar is irrelevant,it is just correction of yesterday fall
four:after wide range red bar,as it was on yesterday,momentum may again start next day on long side
five:so if one is comfortable over all,then they save these type of long trade ,with historical stop loss of previous support,here we have opened the move on 3 feb with 104/90 historical stop loss,so if you are still in the trade and overall comfortable,you can hold your long with initial stop loss of 104.90.
YOUR ONLY MISTAKE IS ,YOUR ENTRY IN THE TRADE WAS LATE
 

cotton

Well-Known Member
CASE OF LEAD
dear cotton,one:yesterday stop loss was 105/70 it was hit,so technically trade was closed yesterday
two:at eod closing of lead was in confirmed short trend,so at 11.55 trade was required to be closed ,even if stop loss was not hit yesterday
three:to day green bar is irrelevant,it is just correction of yesterday fall
four:after wide range red bar,as it was on yesterday,momentum may again start next day on long side
five:so if one is comfortable over all,then they save these type of long trade ,with historical stop loss of previous support,here we have opened the move on 3 feb with 104/90 historical stop loss,so if you are still in the trade and overall comfortable,you can hold your long with initial stop loss of 104.90.
YOUR ONLY MISTAKE IS ,YOUR ENTRY IN THE TRADE WAS LATE
Yes I am holding still..and another mistake was I should have closed the long at 109.00 at 11 am bar..
 
Status
Not open for further replies.

Similar threads