how much return you expect from commodity market

Status
Not open for further replies.
for intra day trading ,swing trading and for entry end of day trading,lower support of 130 minute time gives best possible results.
for intraday trading one can buy at lower support and can sell at upper resistance
for end of day trading,one can buy at lower support and then can hold it with end of day stop loss
lower support march future 5649
upper resistance march future 5667
as trend is clear long,we will just utilize, lower support to go long ,not upper resistance to go short(after buying upper resistance will be our target selling)
best of luck
before taking a trade you should be very clear that you are taking eod/swing trade or pure intraday trade
if it is a end of day trade or swing trade then you you will use eod stop loss ,which i give every day morning,to day first post is connected with eod/swing stop loss
BUT IF YOU ARE TAKING LONG AS INTRADAY TRADER THEN YOUR STOP LOSS WILL BE 25 POINT FOR ONE MINI NIFTY IT WILL BE 500 Rs and for one main lot it will be 1250 RS
 
before taking a trade you should be very clear that you are taking eod/swing trade or pure intraday trade
if it is a end of day trade or swing trade then you you will use eod stop loss ,which i give every day morning,to day first post is connected with eod/swing stop loss
BUT IF YOU ARE TAKING LONG AS INTRADAY TRADER THEN YOUR STOP LOSS WILL BE 25 POINT FOR ONE MINI NIFTY IT WILL BE 500 Rs and for one main lot it will be 1250 RS
these intraday trades ,supports are so strong,that RUN AND GET IN TO THE TRADE POLICY ,WILL NOT BE SUCCESSFUL,YOU HAVE TO GIVE ADVANCE BUY TRIGGER,OTHER WISE THE PROBABILITY IS THAT YOU WILL NOT GET THE TRADE,AND THE TRADE SET UP WILL VANISH WITHIN MINUTES
SO ADVANCE BUY TRIGGER ALONG WITH STICK STOP LOSS OF 25 POINT ,BOTH ARE MUST CONDITION FOR INTRA DAY TRADING
 
lead march future
lower support ----------------------------------------------------102/10
value of one momentum-------------------------------------------00/45
value of trailing stop loss (102/10-00/45=101/65 for 22nd Feb)
as we are in day fifth from lowest low day,so we will use 100/80 as our stop loss ,which is low of lowest low day
here one can use momentum stop loss of 101/65 in stead of 100/80 as market has opened in safe mod
 
ashwani ji i am getting 1000+ in gold guinea .should i book profit at 3 o clock or wait for 8 o clock?i want to buy copper mini do u recommond? Please give ur view
eod stop loss of gold gunia is 22491 march future
gold looks to be quite strong either hold are square up half if you feel fear.
i have added copper just now but my basket is already in 3k profit to day,so i have taken risk of 2k stop loss in copper ,out of to day profits.by following the rule of one trade a day
now up to 12 o clock to day i will watch my basket ,will do nothing.
third option with you is use some small stick stop loss and go on increasing that stop loss with every rise in gold gunia price,till stop loss is not trigered
 
eod stop loss of gold gunia is 22491 march future
gold looks to be quite strong either hold are square up half if you feel fear.
i have added copper just now but my basket is already in 3k profit to day,so i have taken risk of 2k stop loss in copper ,out of to day profits.by following the rule of one trade a day
now up to 12 o clock to day i will watch my basket ,will do nothing.
third option with you is use some small stick stop loss and go on increasing that stop loss with every rise in gold gunia price,till stop loss is not trigered
i chose 3rd option till 8 o clock.then will take decision accodingly
 
sir i downloaded brocotrader.but i find currency pairs only.how can we find mcx metals?
Sorry ,was not around ,got back only now...Go to file ,click new chart,scroll down to CHARTS ,click on that you have several options[alphabetical] for ex -for aluminiun mcx -it is ALUM_LYQ,M1// FOR LEAD--LEAD_CONT,H4//ZINC_CONT,H4//NICK_CONT,H1//NATG_CONTH1
It is confusing ,in the beginning to search thr' the various lists .I have provided the list i have found after several tries..There may be more useful charts hidden around in between..
 
@trade1111: I have Broco Trader 4.0 but in MCX Metals, I only get Aluminium, Gold Guinea and Gold.

I have lately seen a few members saying that Broco trader has MCX options but a few weeks ago, Lead, Zinc and more MCX contracts disappeared on my account.

By the way, what is the name of the book, mentioned a while back, in this thread about turtle trading?
I have posted a message ,of the list i have ,kindly check that out ..they are all working fine on mine .
 
Status
Not open for further replies.

Similar threads