how much return you expect from commodity market

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Dear Sir,

Good Morning!

Gone long in Silver @ 56700 yesterday. What will be the stop loss for today? will it be same as friday's or new?

with regards,
Deepak
support 56508
value of one momentum 360
desired trailing stop loss 56508-360=56148
if silver breaks 56148 level then trade is required to be closed.but as these are end of day trading stop loss and the rule is ,if to day closing come below lower support of to day then trade is closed around 11.50 pm .but here as you have taken this trade on 38/39 day of momentum so you will have to stick with app 56100 level for exit
 
support 56508
value of one momentum 360
desired trailing stop loss 56508-360=56148
if silver breaks 56148 level then trade is required to be closed.but as these are end of day trading stop loss and the rule is if eod closing will come below to day support,if to day closing come below lower support of to day then trade is closed around 11.50 pm .but here as you have taken this trade on 38/39 day of momentum so you will have to stick with app 56100 level for exit
nifty trailing stop loss 5342-31=5311
 

ayush2020

Well-Known Member
support 56508
value of one momentum 360
desired trailing stop loss 56508-360=56148
if silver breaks 56148 level then trade is required to be closed.but as these are end of day trading stop loss and the rule is ,if to day closing come below lower support of to day then trade is closed around 11.50 pm .but here as you have taken this trade on 38/39 day of momentum so you will have to stick with app 56100 level for exit
is there any particular days for any momentum ?? or is it differ from silver to crude to copper to gold ??
 
is there any particular days for any momentum ?? or is it differ from silver to crude to copper to gold ??[/QUO
dear ayush/gurmy/vishumahajan i just came few time back and i am going again.tomorrow i will give detailed reply of your question on momentum.but before i explain,you should have perfect understanding of true range.so just search the formula of true range and try to tell me the true range of of Monday to Friday of last week of nifty.
 
aswani ji,plz give levels and strategy for lead and zinc.
when all base metal pack gone in short side ,although i pointed at one of my post.but at that time i was testing break out system at one hour time frame ,to take an entry on end of day time frame.
Five short entries as per one hour break out system came like this.
Lead short 108/75
nickel 1063/60
zink 105/60
aluminum 111/60
copper 431/60
till to day -aluminum is showing strangeness,other four closing was still on short side-you can see one hour gives accurate entries for eod ,once satisfied with the result of this testing ,i will try to start giving entry signal at one hour,when ever price will be near some eod or swing support or resistance level,so that we all can enter at eod at right time-
but try to take entry at one mini nifty as and when you get some dip during the day
 
nifty trailing stop loss for today 5328
good morning to every body,
nifty Feb fut lower support ------------------------------------------5394
less value of one momentum--------------------------------------------21
value of trailing stop loss for to day-----------------------------------5373
profit locked to day in one lot of nifty(5373-5328=45 Rsx50=2250 Rs)
best of luck for to day trading
 
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