how much return you expect from commodity market

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since 3/4 days silver is not showing strongnes,stop loss coming 56000.you can leave long at appropriate place
silver lower support AT END OF YESTERDAY--------------------56366
closing price of nifty yesterday----------------------------------56317
on 40th day of trading ,as silver closed in confirmed short trend,it means its end of day closing was below lower support,so it was required to be closed at 56317 ,yesterday night or it should be closed today at opening of market at once,to day without giving a second thought that after opening to day,whether it will go up or go down during the day
NO SECOND THOUGHT WHILE CLOSING LONG TO DAY MORNING
SILVER TRADE OPEN-------30/12----------------------------------50694
SILVER TRADE CLOSED-----15/2-----------------------------------56317
PROFIT OF ONE SILVER MICRO---(56317-50694=5623 LESS BROKERAGE)
 
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silver lower support AT END OF YESTERDAY--------------------56366
closing price of nifty yesterday----------------------------------56317
on 40th day of trading ,as silver closed in confirmed short trend,it means its end of day closing was below lower support,so it was required to be closed at 56317 ,yesterday night or it should be closed today at opening of market at once,to day without giving a second thought that after opening to day,whether it will go up or go down during the day
NO SECOND THOUGHT WHILE CLOSING LONG TO DAY MORNING
SILVER TRADE OPEN-------30/12----------------------------------50694
SILVER TRADE CLOSED-----15/2-----------------------------------56317
PROFIT OF ONE SILVER MICRO---(56317-50694=5623 LESS BROKERAGE)
base metal pack of five ,which was gone in to short on 10 Feb,till yesterday it was on short side
 
base metal pack of five ,which was gone in to short on 10 Feb,till yesterday it was on short side
end of day lower support of gold yesterday is 28052
value of one momentum is 105 RS
so long trailing stop loss 28052-105=27947
strategy required to be adopted when we get a chance to go long in gold mini with app1500 RS as stop loss,we should try to go long and then this stop loss will be trailed on day to day basis for end of day long trade.
this strategy adjust our risk and reward
basically we are using app .5% as our initial stop loss
 
THEIR IS A VERY VERY SIMPLE AND EASY TO FOLLOW ,END OF DAY, PRICE ACTION TRADING RULE ,WHICH EVEN A NEWBIE CAN UNDERSTAND ,AND CAN USE VERY EASILY.
I WILL SHORTLY, EXPLAIN THIS RULE TO DAY ,SPECIFICALLY FOR NEWBIE TRADERS,IF THEY WILL TRY TO FOLLOW THIS RULE FROM MONDAY,I AM VERY SURE THEY WILL BE ABLE TO EARN QUICK AND EASY MONEY FROM THIS MARKET IN NEAR FUTURE-out of regular viewers of my thread,few of them are quite learned now,if any body can guess,what is that rule ???which i am going to point out,its information i have already given at this thread in my last one week posts
Dear Sir,

Please explain this rule if possible.

with regards,
Deepa
 
silver lower support AT END OF YESTERDAY--------------------56366
closing price of nifty yesterday----------------------------------56317
on 40th day of trading ,as silver closed in confirmed short trend,it means its end of day closing was below lower support,so it was required to be closed at 56317 ,yesterday night or it should be closed today at opening of market at once,to day without giving a second thought that after opening to day,whether it will go up or go down during the day
NO SECOND THOUGHT WHILE CLOSING LONG TO DAY MORNING
SILVER TRADE OPEN-------30/12----------------------------------50694
SILVER TRADE CLOSED-----15/2-----------------------------------56317
PROFIT OF ONE SILVER MICRO---(56317-50694=5623 LESS BROKERAGE)
Dear sir,

Good Morning!
Thanks for the information. Closed silver position in the morning. Kindly post when the next opportunity come to be in trade.

with regards,
Deepak
 
Dear sir,

Good Morning!
Thanks for the information. Closed silver position in the morning. Kindly post when the next opportunity come to be in trade.

with regards,
Deepak
Monday it self i explained the rule(reply of post 4354)
I REPEAT AGAIN
(if a trade is in momentum since more then 15 trading days,then we should enter in those first and then should think regarding any thing else.)
i also told on Monday,that at present silver/nifty/bank nifty qualify this condition.if on Monday some one followed it he will be in good profit to day
 
Monday it self i explained the rule(reply of post 4354)
I REPEAT AGAIN
(if a trade is in momentum since more then 15 trading days,then we should enter in those first and then should think regarding any thing else.)
i also told on Monday,that at present silver/nifty/bank nifty qualify this condition.if on Monday some one followed it he will be in good profit to day
nifty pivot support TO DAY 5473(TENTATIVE)
 

ayush2020

Well-Known Member
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.
http://forex-indicators.net/volatility-indicators/atr

i got this file .. while searching in google... i have posted this link which may help to other members..
 
http://forex-indicators.net/volatility-indicators/atr

i got this file .. while searching in google... i have posted this link which may help to other members..
thank you dear ayush.
what i wanted,you have given the 100% accurate link connected with that.as for as momentum is concerned up to this stage ,work was done by respected wilder .and his developments regarding volatility is flawless.
his developments were the major part of most successful,(MECHANICAL TRADING SYSTEM )OF THE WORLD (TURTLE TRADING SYSTEM) learners of my thread must be having perfect knowledge of the technique developed by respected wilder and used by turtle trader. To under stand what i will explain further-AS WHERE THEY LEFT, FROM THAT LEVEL I STARTED,ALTHOUGH MY ADDITION IS JUST 5% TO THE WORK DONE BY him-to be continued
 
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