how much return you expect from commodity market

[ashwani chadha]

dear vishumahajan,
first i congratulate you for such a strong depth of knowledge.it was first gurmy at my forum,from whom depth of knowledge i was very impressed and regarding you i was very much aware that you are handling the markets on eod basis perfectly ,but this high low system which you explained is one of the best five trailing stop loss systems of the world.
and you know i have also developed a trailing stop lost indicator which is very advanced.
and yesterday i explained regarding the three lines which are part of my indicator and this is the fourth line ,which you explained and which will only be activated, by the trader,if he will be facing continued draw downs,other wise in normal routine we will not activate this price action trailing stop loss line.i will shortly discuss regarding this trailing stop loss system in detail at later stage.but at present we will discuss few very small basic rule which can help us to earn easy money

lead mini eod pivot resistance 106/80

 

[DN1406]

lead mini eod pivot resistance 106/80

Dear Sir,

Today if lead mini breaks this resistance then it will become support & from there we can go long. Am i right?

with regards,
Deepak

 

[ashwani chadha]

Dear Sir,

Today if lead mini breaks this resistance then it will become support & from there we can go long. Am i right?

with regards,
Deepak

pivot resistance is a part of just eod rsi indicator based trading.at eod as per rsi we are short in lead zink and NICKEL all the three,so we can just go short from pivot resistance not long
TO CLEAR SHORTLY I WILL EXPLAIN DIFF BETWEEN INDICATOR BASED AND PRICE ACTION BASED TRADING THEN THIS POINT WILL CLEAR RAISED BY YOU

 

[ashwani chadha]

We will discuss it in detail at later stage
but very simple basic rule of trading is, if some trade is in momentum from more then 15 trading days,then first we should capture that position in the trend of momentum,then we should consider any thing else
out of the eight which we are considering ,five base metal two precious metal and one nifty
at present nifty and silver qualify this condition,so our first target should be these two and then any thing else-if we will follow this simple rule at eod it will make us success full very shortly

 

[ashwani chadha]

we will discuss it in detail at later stage
but very simple basic rule of trading is, if some trade is in momentum from more then 15 trading days,then first we should capture that position in the trend of momentum,then we should consider any thing else
out of the eight which we are considering ,five base metal two precious metal and one nifty
at present nifty and silver qualify this condition,so our first target should be these two and then any thing else-if we will follow this simple rule at eod it will make us success full very shortly

lower support 56600-
rule one trade a day)
till first trade is not settled at eod you can not go for the second.
Approx risk in all the eight will be 1000 per trade
so for what so ever we go ,our risk will be just 1000/- total ,subject to considering mini nifty not main nifty
rulewe will enter at eod just from lower support)

 

[ashwani chadha]

lower support 56600-
rule one trade a day)
till first trade is not settled at eod you can not go for the second.
Approx risk in all the eight will be 1000 per trade
so for what so ever we go ,our risk will be just 1000/- total ,subject to considering mini nifty not main nifty
rulewe will enter at eod just from lower support)

at present full base metal pack of five at intraday basis is on the short side

 

[Tradejack]

ashwani ji,what is eod pivot point or intraday support of zinc today?on which price we should short it?

 

[ashwani chadha]

ashwani ji,what is eod pivot point or intraday support of zinc today?on which price we should short it?

pivot resistance is 103/85 ,but to go short or not is every body personal decision,as per his own risk and reward policy

 

[DN1406]

lower support 56600-
rule one trade a day)
till first trade is not settled at eod you can not go for the second.
Approx risk in all the eight will be 1000 per trade
so for what so ever we go ,our risk will be just 1000/- total ,subject to considering mini nifty not main nifty
rulewe will enter at eod just from lower support)

Dear Sir,

Thanks for the insights. Will follow it.

with regards,
Deepak

 

[ashwani chadha]

pivot resistance is 103/85 ,but to go short or not is every body personal decision,as per his own risk and reward policy

nifty tentative lower support to day is 5342
to day tentative momentum value 28 point
tentative stop loss for nifty long if carried for tomorrow will come around 5342-28=5314