how much return you expect from commodity market

[vishumahajan]

Ashwani sir, i am still very bullish on silver.The fall that we have seen from last few days seems to be a correction/sideways only and soon the game should change (In the next couple of weeks it should cross the previous October highs - $35.68)

Anyways i have already squared off all my pending 7 micro lots @ 56250, but planning to ride one more upcoming wave of bullish trend

Just wanted to share my views.

Happy Trading

Thanks.

 

[ashwani chadha]

Ashwani sir, i am still very bullish on silver.The fall that we have seen from last few days seems to be a correction/sideways only and soon the game should change (In the next couple of weeks it should cross the previous October highs - $35.68)

Anyways i have already squared off all my pending 7 micro lots @ 56250, but planning to ride one more upcoming wave of bullish trend

Just wanted to share my views.

Happy Trading

Thanks.

dear vishumahajan,
AT WEEKLY CHARTS,SILVER IS STILL ON THE LONG SIDE
ITS WEEKLY PIVOT SUPPORT IS 55936
ITS WEEKLY LOWER SUPPORT IS 54777
VALUE OF WEEKLY ONE MOMENTUM IS 990 POINT
THESE DATA ARE AS PER WEEK CLOSED ON SATURDAY (YESTERDAY)
KEEPING THESE DATA IN MIND YOU CAN GO A HEAD FOR LONG POSITION,ON WEEKLY STOP LOSS BASIS(BUT AT EOD IT IS STILL A SHORT)

 

[ashwani chadha]

ashwani sir, i am still very bullish on silver.the fall that we have seen from last few days seems to be a correction/sideways only and soon the game should change (in the next couple of weeks it should cross the previous october highs - $35.68)

anyways i have already squared off all my pending 7 micro lots @ 56250, but planning to ride one more upcoming wave of bullish trend

just wanted to share my views.

Happy trading

thanks.

now in dollar terms in international market ,silver is again long,on weekly basis
its weekly lower support is 31.88
its weekly protective stop loss is 31.20
but you should take care that at weekly level .its sar is just 26.19
this sar of 26.19 tells us that silver long trend on weekly basis is booked and confirmed for next at least six month,but it is very risky for small investers,to go a ahead as per sar
but you can go a head as per rs weekly data provided by me in previous post(GCI DATA ARE up to 12 feb data available at my gci plate form)

 

[ashwani chadha]

dear vishumahajan,
at weekly charts,silver is still on the long side
its weekly pivot support is 55936
its weekly lower support is 54777
value of weekly one momentum is 990 point
these data are as per week closed on saturday (yesterday)
keeping these data in mind you can go a head for long position,on weekly stop loss basis(but at eod it is still a short)

one thing which i specifically want to point out today is ,as far as weekly closing , all five base metal were closed in confirmed short trend,so far first two three days of next week,we should take care of this thing,before taking heavy long position in any of base metal,if reversal at eod comes from short to long at eod

 

[kt100]

now in dollar terms in international market ,silver is again long,on weekly basis
its weekly lower support is 31.88
its weekly protective stop loss is 31.20
but you should take care that at weekly level .its sar is just 26.19
this sar of 26.19 tells us that silver long trend on weekly basis is booked and confirmed for next at least six month,but it is very risky for small investers,to go a ahead as per sar
but you can go a head as per rs weekly data provided by me in previous post(GCI DATA ARE up to 12 feb data available at my gci plate form)

Dear Mr Ashwini ji,

Silver may have changed its direction and headed downwards. i am currently long in silver holding on to a position i took one week back , i took that position on the basis of rsi, 30 MA , and SAR. all were pointing up.., so i decided to go long. now one indicator, SAR is showing downward momentum, should i close my long in your opinion??

but MA 30 is still pointing up,and according to price action we have a pin bar formation day before yesterday close, is it possible that silver might continue to rise despite SAR . I have seen SAR lie time after time, you think we can trust it this time and silver will fall as per SAR?
pls give your opinion on my dilemma.
to trust SAR or price action

 

[trade1111]

TRADING CAN BE DONE IN TWO WAYS
ONE:INDICATOR BASED TRADING(MOST POPULAR INDICATOR IS RSI FOR INDICATOR BASED TRADING-i use it for taking second view
TWORICE ACTION BASED TRADING
IN MOMENTUM--INDICATOR BASED TRADING IS MORE SUCCESSFUL
IN RANGE BOUND MARKET---PRICE ACTION BASED TRADING IS MORE SUCCESSFUL
I AM A PRICE ACTION TRADER NOW-basic tool of price action trading is support and resistance
IF EOD LOWER RESISTANCE WILL BREAK WE WILL GO LONG EVEN IF INDICATOR BASED TRADER OR ON SHORT SIDE
ON 16 FEB IN COPPER PRICE CLOSED ABOVE SHORT AROUND 414 SO I WAS GONE LONG.BUT NEXT DAY I CLOSED LONG AT PAR(IT WAS A PART OF PRICE ACTION TRADING)
TILL SATURDAY COPPER IS IN CLEAR SHORT TREND
BUT STOP LOSS OF PRICE ACTION BASED TRADER IS 419/80 HIGH OF SATURDAY EOD BAR
AND PROTECTIVE STOP LOSS OF INDICATOR BASED TRADER IS UPPER RESISTANCE 419/80+VALUE OF ONE MOMENTUM WHICH IS 6/20 SO THERE EOD STOP LOSS IS 419/80+6/20=426 RS-
IF SHORT YOU ARE IN TREND BUT YOU ARE TOO LATE THAT YOU CAPITAL IS AT RISK
IN COPPER EOD SHORT WAS OPENED AT 432/10
AND COPPER MAY TAKE REVERSAL ANY TIME,TOMORROW REVERSAL AT FOUR HOUR IS EXPECTED(for end of day trader,this four hour long tradei,may be correction of the long eod move)

THANKS A LOT .I will exit at sl ,else will hold [sorry I'm unable to see the thank you icon]

 

[ashwani chadha]

THANKS A LOT .I will exit at sl ,else will hold [sorry I'm unable to see the thank you icon]

Dear Mr Ashwini ji,

Silver may have changed its direction and headed downwards. i am currently long in silver holding on to a position i took one week back , i took that position on the basis of rsi, 30 MA , and SAR. all were pointing up.., so i decided to go long. now one indicator, SAR is showing downward momentum, should i close my long in your opinion??

but MA 30 is still pointing up,and according to price action we have a pin bar formation day before yesterday close, is it possible that silver might continue to rise despite SAR . I have seen SAR lie time after time, you think we can trust it this time and silver will fall as per SAR?
pls give your opinion on my dilemma.
to trust SAR or price action

you should trust price action not sar that is why i have given weekly support level,i think weekly support level or not going to break for long trade and at present weekly support as per mcx is a tolerable stop loss for eod long

 

[ashwani chadha]

THANKS A LOT .I will exit at sl ,else will hold [sorry I'm unable to see the thank you icon]

in stead of taking such a huge risk of so much large eod stop loss in copper,one should try to get rid of the trade with very stick stop loss once near break even or at nominal and tolerable loss

 

[sanjosedesi]

Hi Ashwani, I always see this thread in the list of "new posts", but dare not go through all of it to find the answer ... how much return ?? Did you ever figure that out? Are there benchmarks for equity vs commodity in terms of expectations for newbies (like me), experienced, experts and masters?

 

[ashwani chadha]

Hi Ashwani, I always see this thread in the list of "new posts", but dare not go through all of it to find the answer ... how much return ?? Did you ever figure that out? Are there benchmarks for equity vs commodity in terms of expectations for newbies (like me), experienced, experts and masters?

dear sanjosedesi,
whether we trade any market ,stock,commodity or Forex monthly benchmark on investment is just 2 to 5%(but this bench mark is for trading if we are not leveraged .in commodity market we become leveraged 20 fold ,so this bench mark become 40 to 100% monthly on investment,if we are fully invested.
but no body is perfect whether it is me or you.we all do mistake
so i consider just 10 % not 40 %as bench mark for return on my investment,when i am leveraged 20 fold in commodity market.and i am always satisfied with this return.