how much return you expect from commodity market

[Tradejack]

Originally Posted by 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



ashwani ji good morning,

you told me not to use moving averages with indicator based trading,

please tell me when to use both pull back strategy and rsi14 exactly ?

what should be rsi reading in eod/5hr chart to take decisions.?

 

[ashwani chadha]

nifty swing support,if fall in nifty come then from 5560 nifty feb future should take again reversal on long side,this buying level can also be used for intraday trading in nifty Feb fut

nifty swing pivot support is 5584

 

[ashwani chadha]

Originally Posted by 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



ashwani ji good morning,

you told me not to use moving averages with indicator based trading,

please tell me when to use both pull back strategy and rsi14 exactly ?

what should be rsi reading in eod/5hr chart to take decisions.?

reading are 30 oversold zone and 70 overbought zone
and decision is taken when break out is their.it means rsi green should cross from bottom to top and in which bar this break out is their that bar must close that is why first decision is taken at 3 o clock and second at 8 o clock

 

[ashwani chadha]

reading are 30 oversold zone and 70 overbought zone
and decision is taken when break out is their.it means rsi green should cross from bottom to top and in which bar this break out is their that bar must close that is why first decision is taken at 3 o clock and second at 8 o clock

except copper in rest four base metal positive break out is their at swing point of view.now watch how end of day trader react (on opening of market) to it and then go a head

 

[ashwani chadha]

nifty swing support,if fall in nifty come then from 5560 nifty feb future should take again reversal on long side,this buying level can also be used for intraday trading in nifty Feb fut

tentative swing support fpr intra/swing trading at present is 5570 and we can use eod stop loss for taking entry at eod with the help of swing support

 

[trade1111]

normally it takes five days before the end of day reversal is complete.
now we are in the mid of base metal pack reversal on long side
most difficult part is to open and then to save these positions,till the reversal is not over.AFTER THAT WE JUST LOCK SOME PROFIT EVERY DAY,TILL RE -REVERSAL DON'T COME
THIS REVERSAL IS HAPPENING OF 10TH FEB LONG TRADES OF BASE METAL PACK

THANK YOU .will be entering zinc long to day in feb series ..simultaneously will track copper on forex pro , as these move together generally... Feb series may be volatile as expiry is approaching ?.Better to go long in MARH series probably..Is that how a good trading is done please?

 

[Tradejack]

except copper in rest four base metal positive break out is their at swing point of view.now watch how end of day trader react (on opening of market) to it and then go a head

ashwani ji one more thing,when we should we use pull back strategy?

 

[Tradejack]

THANK YOU .will be entering zinc long to day in feb series ..simultaneously will track copper on forex pro , as these move together generally... Feb series may be volatile as expiry is approaching ?.Better to go long in MARH series probably..Is that how a good trading is done please?

where we can find live technical chart of zinc lead nickel aluminium like forexpro .as there only copper chart.bcoz i dont have tradetiger.

 

[ashwani chadha]

where we can find live technical chart of zinc lead nickel aluminium like forexpro .as there only copper chart.bcoz i dont have tradetiger.

i never used any thing except trade tiger(share khan) for technical.but from other threads ,you can take this information

 

[trade1111]

where we can find live technical chart of zinc lead nickel aluminium like forexpro .as there only copper chart.bcoz i dont have tradetiger.

broco has zinc lead and aluminium as well as copper of mcx .. For international ..of zinc etc ,have been searching ..But with no success..