how much return you expect from commodity market

[ashwani chadha]

last week i explained just one rule of entry for those trades which are in momentum ,which is very important for NEWBIE for eod trading
To day I WILL EXPLAIN THE IMPORTANCE OF ACCURATE ENTRY TIMING,KNOWLEDGE OF THIS ENTRY TIMING,WILL BE VERY HELP FULL FOR NEWBIE
for intraday trading
for swing trading
and for entry in end of day trading moves
this rule is again very easy to understand and follow
it require just patience and no knowledge of technical

it is very difficult to get a trade in momentum ,at end of day time frame,but at swing trading time frame ,which trades close with in five to seven days, one third to half of commodity trades are always in momentum,it means we will always get three to five trades in momentum,we will see how these gives very high profits ,with just price action trading

 

[ashwani chadha]

it is very difficult to get a trade in momentum ,at end of day time frame,but at swing trading time frame ,which trades close with in five to seven days, one third to half of commodity trades are always in momentum,it means we will always get three to five trades in momentum,we will see how these gives very high profits ,with just price action trading

total base metal pack of five is on short side,green bars forming to day ,are irrelevant(non considerable),as Saturday trading has no technical importance,normally it is just a part of correction of Friday trade or impact of international market trading after 12pm(if some major development is their in international market)

 

[ashwani chadha]

total base metal pack of five is on short side,green bars forming to day ,are irrelevant(non considerable),as Saturday trading has no technical importance,normally it is just a part of correction of Friday trade or impact of international market trading after 12pm(if some major development is their in international market)

lead feb futn 10th Feb short optimum trade was required to be taken at 108/80 at 3 pm sharp
to day it is trading in confirmed short trend.at eod basis lower resistance is at 100.50,tomorrow lower resistance will be app 100.20.
if overall gap down opening will not be their in base metal pack,then lead will reverse from short to long above 100/20-(nearest low which is 99.10,so 99 will be its eod stop loss ,after giving adjustment of 10 paisa for bid and ask price.)
these are the basic logic which we use for reversing a trade from short to long or from long to short.as other base metals are not showing any strong action so , if whole base metal pack opens quite week .then shortly i will explain to day that at what accurate time this long will be initiated,if at that time it will be trading above 100.20

 

[ashwani chadha]

lead feb futn 10th Feb short optimum trade was required to be taken at 108/80 at 3 pm sharp
to day it is trading in confirmed short trend.at eod basis lower resistance is at 100.50,tomorrow lower resistance will be app 100.20.
if overall gap down opening will not be their in base metal pack,then lead will reverse from short to long above 100/20-(nearest low which is 99.10,so 99 will be its eod stop loss ,after giving adjustment of 10 paisa for bid and ask price.)
these are the basic logic which we use for reversing a trade from short to long or from long to short.as other base metals are not showing any strong action so , if whole base metal pack opens quite week .then shortly i will explain to day that at what accurate time this long will be initiated,if at that time it will be trading above 100.20

for the time being other four base metal ,has not shown any strong movement,they are still trading quite below their lower resistance.

 

[ashwani chadha]

for the time being other four base metal ,has not shown any strong movement,they are still trading quite below their lower resistance.

gold Friday support 28042
momentum value 113 rs
stop loss for today and Monday(28042-113=27929)although indicator based trader or short in gold ,where as price action trader are long in gold,being price action trader ,holding long with above mentioned stop loss

 

[ashwani chadha]

gold Friday support 28042
momentum value 113 rs
stop loss for today and Monday(28042-113=27929)although indicator based trader or short in gold ,where as price action trader are long in gold,being price action trader ,holding long with above mentioned stop loss

basic problem which come ,when we trade the Indian commodity market,is,that Indian market run for 14 hours ,where as international market run for 24 hours,so their is a gap of 10 hours.
IT CREATES ONE MAJOR PROBLEM:when market open at 10 am in the morning,then our first bar of one hour consist data for 12 pm to 11 am for 11 hour and rest 13 bar 11 am onward ,consist data of one hour each.
so basically one leg is of 11 feet and rest 13 legs are of just one feet.
NEWBIE CAN NOT HANDLE IT ,BUT MANIPULATORS TAKES FULL ADVANTAGE OF IT.some time this data,Indian market will absorb with in minute ,some time will take few hour,hence will create lot of undesired noise and problem for newbie
but this noise is absorbed up to 3 o clock every day.
so if newbie will take their new entry decision at three o clock,they will always be comfortable from whipsaw.TO BE CONTINUED

 

[nicktrader]

basic problem which come ,when we trade the Indian commodity market,is,that Indian market run for 14 hours ,where as international market run for 24 hours,so their is a gap of 10 hours.
IT CREATES ONE MAJOR PROBLEM:when market open at 10 am in the morning,then our first bar of one hour consist data for 12 pm to 11 am for 11 hour and rest 13 bar 11 am onward ,consist data of one hour each.
so basically one leg is of 11 feet and rest 13 legs are of just one feet.
NEWBIE CAN NOT HANDLE IT ,BUT MANIPULATORS TAKES FULL ADVANTAGE OF IT.some time this data,Indian market will absorb with in minute ,some time will take few hour,hence will create lot of undesired noise and problem for newbie
but this noise is absorbed up to 3 o clock every day.
so if newbie will take their new entry decision at three o clock,they will always be comfortable from whipsaw.TO BE CONTINUED

Hello ashwaniji,

So isnt it better to track international market and then make trading decisions in MCX accordingly????

 

[ashwani chadha]

gold friday support 28042
momentum value 113 rs
stop loss for today and monday(28042-113=27929)although indicator based trader or short in gold ,where as price action trader are long in gold,being price action trader ,holding long with above mentioned stop loss

out of the five base metal and two precious metal,regular viewers of this thread can choose any one,to which they consider most volatile and most difficult to handle .
In that commodity ,which will be considered most volatile by majority,we will see ,how with the help of just one indicator that is atr,whose link was sent by ayush at this thread,few days back and by know every body would have ,gone through that,we will see in live market,how very simple price action based ,target profit trading can be done.i will wait for viewers choice regarding commodity selected by them

 

[ashwani chadha]

Hello ashwaniji,

So isnt it better to track international market and then make trading decisions in MCX accordingly????

DEAR NICKTRADER,PRACTICALLY IT IS IMPOSSIBLE FOR 99.9 % TRADER,MOST OF THEM EVEN DID NOT KNOW,WE ARE CONNECTED WITH INTERNATIONAL MARKET.
99.9 % TRADER OF MY THREAD ARE TRADING INDIAN MARKETS,INCLUDING ME AND IT IS VERY DIFFICULT TO WATCH DOLLAR MOVEMENT AND TRADE IN (INDIAN Rs) IN REAL TRADING,NOT IN DEMO TRADING.
SO WE WILL LEARN ,HOW WE CAN HANDLE MCX,WITH SHARE KHAN TRADE TIGER SOFTWARE 2.2 VERSION ,NOT WITH GCI PLATEFORM

 

[Tradejack]

out of the five base metal and two precious metal,regular viewers of this thread can choose any one,to which they consider most volatile and most difficult to handle .
In that commodity ,which will be considered most volatile by majority,we will see ,how with the help of just one indicator that is atr,whose link was sent by ayush at this thread,few days back and by know every body would have ,gone through that,we will see in live market,how very simple price action based ,target profit trading can be done.i will wait for viewers choice regarding commodity selected by them

according to me nickel is most volatile and i always feel difficulty to handle .where to enter and exit