how much return you expect from commodity market

[ashwani chadha]

rsi14 is above ma(9) is it breakout?

yes it mean it is breakout at five hour time frame as per rsi indicator.but at end of day trading ,remember rule of one trade a day.
you have already taken one trade to day,let it settle by tomorrow.once it will be in app 1000/-profit then you can consider now it is settled.then go a head for second trade.spend eight trading days ,to accumulate eight positions initially(it means when you are first time accumulating your basket)
MARKET WILL ALWAYS BE THERE

 

[trade1111]

yes it mean it is breakout at five hour time frame as per rsi indicator.but at end of day trading ,remember rule of one trade a day.
you have already taken one trade to day,let it settle by tomorrow.once it will be in app 1000/-profit then you can consider now it is settled.then go a head for second trade.spend eight trading days ,to accumulate eight positions initially(it means when you are first time accumulating your basket)
MARKET WILL ALWAYS BE THERE

For those of us tracking nest [ nse commo ].. I do not see the option for 5hrs .. relying mainly on 5mnt chart ..which works well for most indicators.. and so can we track only the available 5mnts chart ..is it safe enough..please?

 

[ashwani chadha]

For those of us tracking nest [ nse commo ].. I do not see the option for 5hrs .. relying mainly on 5mnt chart ..which works well for most indicators.. and so can we track only the available 5mnts chart ..is it safe enough..please?

if five hour option is not there then you can use four hour,but this requirement is just for commodity market trading.as far as trading nifty is concerned,if some one is having perfect knowledge of support and resistance then 130 minute time frame gives perfect signal .50 % of the time it gives zero zero entry points during the day.
i will give these reversal point on 130 minute time frame for nifty ,from tomorrow for entry at eod and these will perfectly work for intraday trading

 

[ashwani chadha]

regarding adding more of long in zinc .. Do we add each day at support or only when ever lower than our buy price .. Please let us know what is the strategy to follow .. As this trade will now be open for a month..

no second position will be ever taken in any of the lots
tomorrow i will give end of day pivot point of rest of the commodities and through out day you will try to get a trade ,but just from eod pivot point or five hour lower support from where ever we can get,but no blind trading and no second lot in same commodity

 

[ashwani chadha]

no second position will be ever taken in any of the lots
tomorrow i will give end of day pivot point of rest of the commodities and through out day you will try to get a trade ,but just from eod pivot point or five hour lower support from where ever we can get,but no blind trading and no second lot in same commodity

but when ever one get extra ordinary profit ,he is free to book it,for profit booking no advise is required,it is a part of trading.
Market will always be there,to get in to trade again

 

[ashwani chadha]

but when ever one get extra ordinary profit ,he is free to book it,for profit booking no advise is required,it is a part of trading.
Market will always be there,to get in to trade again

one can consider small entries like gold gunia or silver micro with your current position,if your first position looks quite safe now

 

[trade1111]

no second position will be ever taken in any of the lots
tomorrow i will give end of day pivot point of rest of the commodities and through out day you will try to get a trade ,but just from eod pivot point or five hour lower support from where ever we can get,but no blind trading and no second lot in same commodity

Thanks a lot for your very kind reply.If we are not to add any to our existing position ...
'WITH EVEN ONE TRADE A DAY STILL WE WILL BE HOLDING ALL 8 POSITIONS '
EVERY DAY WE WILL CLOSE ONE AND OPEN ONE -SO TOTAL WILL STILL BE EIGHT '...could you kindly explaintell what this message meant..How do we get to have 8 positions ,if we do not add in a SIP form.?Thanks a lot for your patience .

 

[ashwani chadha]

thanks a lot for your very reply.if we are not to add any to our existing position ...could you tell what this following message meant
'with even one trade a day still we will be holding all 8 positions
every day we will close one and open one -so total will still be eight '

it means to day you are having zink,tomorrow,we will add say lead and trail zink also with trailing stop loss
day after tomorrow we will add gold and will trail zink lead also with trailing stop loss
in this way ultimately with in month ,of various problems ,which we will face day to day ,we will be holding all the eight positions9you can not repeat zink but you will add other lots)
TO DAY YOU CAN GO A HEAD FOR GOLD GUNIA 2/3 LOTS OR ONE SILVER MICRO AT CURRENT PRICE-AS STOP LOSSES ARE STILL TOLERABLE AND YOUR POSITION IS IN GOOD PROFIT

 

[Tradejack]

ashwani ji
what are swing and eod supports of silver micro april?

 

[ashwani chadha]

ashwani ji
what are swing and eod supports of silver micro april?

i was gone to market so reply is late
lower support April future 57608 less one momentum 108-tommorow we will give stop loss of 57500.once i recommended silver micro after that i also added.
when i recommended gold mini in the morning .after that i also added gold mini which is in 1700 profit now.i am also holding long with same stop loss for gold which i gave in the morning.
RISK IS SAME FOR EVERY BODY,WHETHER SOME ONE IS EXPERT OR NEWBIE IN THIS MARKET
BUT SYSTEM OF MANAGING A TRADE OF EVERY BODY IS DIFFERENT