how much return you expect from commodity market

[ashwani chadha]

dear cotton.if price in lead try to go above 105/35,close short in lead and book profit.if it opens gap up even then try to book respectable profit ,in stead of taking risk.if down side moment is still pending in lead ,even then we can re enter on short side from some upper level.but to take risk of this profit of 107-105.35=1650 is not advisable at this stage.if stop loss of 105/35 don't trigger you can continue your short

and over and above ,happy holy to every body !!!!!!

 

[ashwani chadha]

dear cotton.if price in lead try to go above 105/35,close short in lead and book profit.if it opens gap up even then try to book respectable profit ,in stead of taking risk.if down side moment is still pending in lead ,even then we can re enter on short side from some upper level.but to take risk of this profit of 107-105.35=1650 is not advisable at this stage.if stop loss of 105/35 don't trigger you can continue your short

stop loss of copper short position to day should be 425

 

[ashwani chadha]

stop loss of copper short position to day should be 425

stop loss of zink short position b/f for to day should be 102/65

 

[cotton]

dear cotton.if price in lead try to go above 105/35,close short in lead and book profit.if it opens gap up even then try to book respectable profit ,in stead of taking risk.if down side moment is still pending in lead ,even then we can re enter on short side from some upper level.but to take risk of this profit of 107-105.35=1650 is not advisable at this stage.if stop loss of 105/35 don't trigger you can continue your short

Position closed @105.95

 

[ashwani chadha]

Position closed @105.95

with gap up opening again to day except aluminum,all the balance four base metals have started trading above fair market value which is considered first sign of strangeness.will shortly share short term fair market value

 

[ashwani chadha]

position closed @105.95

dear cotton .one mistake at your end,remember this basic rule for next of trades for ever.
When market open gap up then normally rsi at 5 minute will reach at 70 ,so with some stick stop loss on up side,give time to price so that rsi can come around at least 30/40 level.then close the position .this way one can save approx.500 rs
second as i was going to share fmv,which become the short term support,for lead it is. 104/85.
Market give chance to square up slightly above fair market value ,normally once after gap up opening

 

[ashwani chadha]

dear cotton .one mistake at your end,remember this basic rule for next of trades for ever.
When market open gap up then normally rsi at 5 minute will reach at 70 ,so with some stick stop loss on up side,give time to price so that rsi can come around at least 30/40 level.then close the position .this way one can save approx.500 rs
second as i was going to share fmv,which become the short term support,for lead it is. 104/85.
Market give chance to square up slightly above fair market value ,normally once after gap up opening

at what price you have squared up you would have used 10/15 paisa above that as stick stop loss

 

[ashwani chadha]

dear cotton,
reduce your stop loss to 112/65
due to gap up opening in base metal pack to day , we are using conservative stop loses for safety point of view

dear cotton,now reduce stop loss of aluminum to 111/45 and convert it to a free trade

 

[ashwani chadha]

dear cotton,now reduce stop loss of aluminum to 111/45 and convert it to a free trade

in stead of gap up opening swing trend is so far not clear in balance four base metal ,which way they will go

 

[Klewtar]

I'm using ADX on 2 hour charts now for my trades.

Both Zinc and Lead are nearly at 50 ADX which is a level I have noticed is good for exits. Next strong trend is probably a long that'd open up next week.