how much return you expect from commodity market

[ashwani chadha]

ashwani ji,

i am also confuse which time frame we should use to know actual trend.
some time i see in 1 day tf bullish,5hr time frame consolidate,1 hr time frame bearish.
which one to follow for trade for 2-3 days ? that is my question.

just use eod and five hour, i again say five hour not four hour ,i am also using these two time frame,dont watch one hour

 

[Tradejack]

ashwani ji, i m using forex pros dot com for copper chart.
.in 5 hr chart-10 ma is lesser than 20 ema ,rsi14 yet to cross ma(9).also macd fast line yet to cross slow line.
but in 1 day chart-10 ma is above 20 ema,rsi 14 is below ma(9),and
macd fast line is much below slow line.

what does this data interpreted?

 

[ashwani chadha]

ashwani ji
please suggest also about gold as i trade in gold guinea .with 6-7 qty.at a time . as i am reading your thread from first post. your conversation with cotton was quite informative. i learned macd,macd histogram,rsi,ma,ema and pull back stategy. but not confident yet. i need your help.please give some idea for further some trade although less profitable but less loss also.

i have squared up my gold gunia lots to day at 22330 just immediately after opening of market,this was two to three day swing position
you can ask its support resi any time for your decisions

 

[ashwani chadha]

ashwani ji, i m using forex pros dot com for copper chart.
.in 5 hr chart-10 ma is lesser than 20 ema ,rsi14 yet to cross ma(9).also macd fast line yet to cross slow line.
but in 1 day chart-10 ma is above 20 ema,rsi 14 is below ma(9),and
macd fast line is much below slow line.

what does this data interpreted?

your first step don't use macd
second step don't mix price action with indicator based trading,remove moving averages just use rsi and at this level do indicator based trading only
now again tell what your chart are saying(just what rsi is saying at both time frame)

 

[Tradejack]

your first step don't use macd
second step don't mix price action with indicator based trading,remove moving averages just use rsi and at this level do indicator based trading only
now again tell what your chart are saying

ok ashwani ji ,
in daily chart-ma(10) is above ema(20) means bullish,but rsi14 is below than ma(9) means bearish.
in 5 hrs chart-ma(10) is below means bearish,but rsi14 yet to cross ma(9) means price may go up.

rsi 14-41.8827 means oversold in 5 hrs chart,rsi 14-46.0271 means may go down little further

plaese correct me if were wrong. actully i feel that both pattern contradict each other ,please explain what exactly mean

 

[ashwani chadha]

your first step don't use macd
second step don't mix price action with indicator based trading,remove moving averages just use rsi and at this level do indicator based trading only
now again tell what your chart are saying(just what rsi is saying at both time frame)

lead at five hour swing trend long
five hour supp /resi 99/80----100/90

 

[ashwani chadha]

lead at five hour swing trend long
five hour supp /resi 99/80----100/90

copper five hour swing still short

 

[ashwani chadha]

copper five hour swing still short

zink five hr expect to close long
range 96/60 ---97/50

 

[ashwani chadha]

zink five hr expect to close long
range 96/60 ---97/50

alumini five hour swing long
range 105/20----106/00

 

[ashwani chadha]

alumini five hour swing long
range 105/20----106/00

nickel 965/978 swing long