how much return you expect from commodity market

[ashwani chadha]

copper is on long side from 427/00 with stop loss of 426/60 for today

nickel is on long side from 950/10 with stop loss of 968/60 for today

 

[ashwani chadha]

nickel is on long side from 950/10 with stop loss of 968/60 for today

aluminum is on long side from 110/35,with stop loss of 110/20 for today

 

[ashwani chadha]

nifty march future
to day support was 5376
long was required to be taken,from 5376 with a stop loss of 5362 which is today low

we are not suppose to carry nifty for tomorrow on either side,in any case
what will be the budget impact on next trading day in nifty no body can predict

 

[ashwani chadha]

zink march future end of day pivot support 104/10

 

[trade1111]

one:to day support is 103/40 eod and resistance is 104/75 (end of day)
two:yesterday support was 102/95,so once price touched its support at 102/95,and it reverses from that it became from short to long.
threence it became long ,now conservative trader will hold long today with 102/95 as stop loss
four:tomorrow they will hold long with to day low as stop loss
just tell if these four point are clear to you ,then we will discuss further and you can raise further inquiry .once i will receive your reply i will give balance answer

Yes Ashwani ji , I made out , as you have explained well.Thank you

 

[trade1111]

once price move in between eod support resistance trend changes day to day

This means , we can trade ,within these ,and have to be attentive ,thro' out ..?

 

[trade1111]

for the time being zink march future has failed to break its upper resistance of 104/70,if it will fail to break this level again and again ,it will come towards 103/40 which is its support,you have to get rid of it at some,comfortable position
but as you are short now your stop loss for short will be for today--some where around 104/80 which is yesterday high-as price action trader you are on wrong side of the trend

It did make a while ago , high of 105.10..,that means it is continuing to trade on the long side.. But ,it may well have been the reversal point too..But how does one know that , during trading ...?

 

[trade1111]

copper is on long side from 427/00 with stop loss of 426/60 for today

as a follow up ...It is necessary to know the low and high of the previous day ,and probably the day before too..As I do not have access to eod ,exact data .. It is best to note it down, every day ,before logging of..
The gist' ,of what I have understood so far , Know the high and low of previous day ,and keep track of support and resistance ,while trading each day ..to take note of which ever is broken , to detect the subsequent/follow on , trend , for the next , to contnue with the trade .?

 

[ashwani chadha]

This means , we can trade ,within these ,and have to be attentive ,thro' out ..?

yes you are 100 % perfect,but i will explain the system ,so that you are never caught badly,but still you will already be in the trade,before it get in to momentum.but it require ten posts.so i will explain on week days

 

[ashwani chadha]

It did make a while ago , high of 105.10..,that means it is continuing to trade on the long side.. But ,it may well have been the reversal point too..But how does one know that , during trading ...?

no body can judge,but we follow a specific system of money management,which handle this problem of judgement permanently,will explain on week days