how much return you expect from commodity market

[ashwani chadha]

on every saturday weekly bar completes,last saturday i gave weekly support and resistance level of base metal pack,but shortly i realized that response to these levels was negligible.
I will try to explain ,what these level mean for us during trading-to be continued

step onence i give weekly support and resistance level,if some one is trading on (end of day basis) or (at least four hour time frame)
at his chart he should draw two horizontal lines
one is weekly support line
second weekly resistance line
step twon monday when new weekly bar will form,and as and when i give tentative support and resistance level for next week,
adjust these line according to new data,provided by me
now this is your broader range for next week
step three:now try to buy are sell from eod support or resistance,as the case may be ,but for a target of weekly support or resistance level,which will be achievable in next five to ten days
but normally this weekly range is 5 % and if multiplied buy leverage factor of 20 ,it doubles your invested amount !!!
And every month all five base metal commodities give one such 5 % trade,
you have to catch that trade every month in every base metal ???how it depends how serious you are to catch that trade
--but i will provide weekly data also,if they can be of some use for viewers
AND TODAY ALONG WITH COMPLETION OF 500 PAGES,THIS IS 5000TH POST ALSO AT THIS THREAD AND I AM THANKFUL TO EVERY BODY WHO CONTRIBUTED TO ACHIEVE THIS SUCCESS !!!!

 

[timepass]

AND TODAY ALONG WITH COMPLETION OF 500 PAGES,THIS IS 5000TH POST ALSO AT THIS THREAD AND I AM THANKFUL TO EVERY BODY WHO CONTRIBUTED TO ACHIEVE THIS SUCCESS !!!!

This thread is going to become busier, Ashwanibhai, once Zerodha's commodity section gets settled and the traders here hop on to that bandwagon too.

I salute you for your guidance and prolific posting and patience.

 

[hills_5000]

Hi Sir,

Congratulations on your 5000th post.

I have been reading up on quite a few months to keep myself upto date. I find that you are having to repeat yourself many times. So id suggest that you post all your important posts for newbies as the first post so that they understand your system.

We could request SG to do that. I remember having compiled a list of all those posts during diwali gone by . I will write the post number of that post and perhaps if you deem fit you could request SG to do the needful.

regards

step onence i give weekly support and resistance level,if some one is trading on (end of day basis) or (at least four hour time frame)
at his chart he should draw two horizontal lines
one is weekly support line
second weekly resistance line
step twon monday when new weekly bar will form,and as and when i give tentative support and resistance level for next week,
adjust these line according to new data,provided by me
now this is your broader range for next week
step three:now try to buy are sell from eod support or resistance,as the case may be ,but for a target of weekly support or resistance level,which will be achievable in next five to ten days
but normally this weekly range is 5 % and if multiplied buy leverage factor of 20 ,it doubles your invested amount !!!
And every month all five base metal commodities give one such 5 % trade,
you have to catch that trade every month in every base metal ???how it depends how serious you are to catch that trade
--but i will provide weekly data also,if they can be of some use for viewers
AND TODAY ALONG WITH COMPLETION OF 500 PAGES,THIS IS 5000TH POST ALSO AT THIS THREAD AND I AM THANKFUL TO EVERY BODY WHO CONTRIBUTED TO ACHIEVE THIS SUCCESS !!!!

 

[trade1111]

step onence i give weekly support and resistance level,if some one is trading on (end of day basis) or (at least four hour time frame)
at his chart he should draw two horizontal lines
one is weekly support line
second weekly resistance line
step twon monday when new weekly bar will form,and as and when i give tentative support and resistance level for next week,
adjust these line according to new data,provided by me
now this is your broader range for next week
step three:now try to buy are sell from eod support or resistance,as the case may be ,but for a target of weekly support or resistance level,which will be achievable in next five to ten days
but normally this weekly range is 5 % and if multiplied buy leverage factor of 20 ,it doubles your invested amount !!!
And every month all five base metal commodities give one such 5 % trade,
you have to catch that trade every month in every base metal ???how it depends how serious you are to catch that trade
--but i will provide weekly data also,if they can be of some use for viewers
AND TODAY ALONG WITH COMPLETION OF 500 PAGES,THIS IS 5000TH POST ALSO AT THIS THREAD AND I AM THANKFUL TO EVERY BODY WHO CONTRIBUTED TO ACHIEVE THIS SUCCESS !!!!

CONGRATULATIONS .. And thanks a lot .

 

[hawaisanjay]

Ashwaniji can you give support and resistance for zinc?

 

[ashwani chadha]

Ashwaniji can you give support and resistance for zinc?

eod support zink 103/25
eod resistance zink march 104/20
weekly support zink march 101/80
weekly resistance zink 104/80

 

[ashwani chadha]

eod support zink 103/25
eod resistance zink march 104/20
weekly support zink march 101/80
weekly resistance zink 104/80

its conservative stop loss for long today was 103/40
this stop loss was hit today
so once re entry is taken from lower support of 103/25
then for today conservative stop loss will be to day low less 10 to 20 paisa,below today low .today low is 103/20,so stop loss should be some where in between 103/00 to 103/10
as per eod kst trend is short,so we can not take more risk then above even as price action trader
zink eod pivot resistance is 103/80
as eod rsi is also short,so eod trader will try to stop it at 103/80
if zink show strongeness ,even then we should close long trade at 104/20 positively as and when it reach this level during the day

 

[ashwani chadha]

its conservative stop loss for long today was 103/40
this stop loss was hit today
so once re entry is taken from lower support of 103/25
then for today conservative stop loss will be to day low less 10 to 20 paisa,below today low .today low is 103/20,so stop loss should be some where in between 103/00 to 103/10
as per eod kst trend is short,so we can not take more risk then above even as price action trader
zink eod pivot resistance is 103/80
as eod rsi is also short,so eod trader will try to stop it at 103/80
if zink show strongeness ,even then we should close long trade at 104/20 positively as and when it reach this level during the day

to day i am going to see the movie vidyabalan KAHANI noon show ,so i will not be available up to 5 p.m

 

[ashwani chadha]

its conservative stop loss for long today was 103/40
this stop loss was hit today
so once re entry is taken from lower support of 103/25
then for today conservative stop loss will be to day low less 10 to 20 paisa,below today low .today low is 103/20,so stop loss should be some where in between 103/00 to 103/10
as per eod kst trend is short,so we can not take more risk then above even as price action trader
zink eod pivot resistance is 103/80
as eod rsi is also short,so eod trader will try to stop it at 103/80
if zink show strongeness ,even then we should close long trade at 104/20 positively as and when it reach this level during the day

very very important rule of end of day trading
--------------------------------------------
suppose end of day indicator based trader are short,(by indicator i just mean RSI)
AND EOD PRICE ACTION BASED TRADER ARE LONG(BY PRICE ACTION BASED TRADER I MEAN ,WHO TRADE ON THE BASIS OF JUST SUPPORT AND RESISTANCE)THEN POWER OF PRICE ACTION TRADER,TO CARRY A TRADE ON LONG SIDE IS LIMITED UP TO END OF DAY UPPER RESISTANCE.
AT THIS LEVEL PRICE ACTION BASED TRADER,WILL BE STOPPED BY INDICATOR BASED TRADER NINE OUT OF TEN TIME.
IN LAST 15 DAYS,INTRADAY MOVEMENT IN NIFTY in three days WAS OF 100 TO 300 POINT,INCLUDING BUDGET DAY,
AND ALL THE THREE TIME NIFTY REVERSED FROM END OF DAY RESISTANCE,IN A 200 POINT MOVEMENT,WITH AN ACCURACY OF JUST THREE POINT
WHEN IT HAPPENED SECOND TIME ,I SHARED ALL THE LEVEL OF REVERSAL
ON 6TH MARCH,WHEN I TOLD IT SHOULD REVERSE FROM 5425 AND IT REVERSED FROM 5428 !!!!
ON 29TH FEB,IT WAS FIRST TIME
THEN AGAIN ON 16TH MARCH THIRD TIME ,BUDGET DAY ,IT REVERSED FROM 5482 AND ITS RESISTANCE WAS 5479 AGAIN 3 POINT ACCURACY,ALTHOUGH THE LEVEL WERE NOT SHARED THIS TIME AT THE THREAD BY ME ,REASON WAS THIS THREAD IS BASICALLY FOR COMMODITY AND RESPONSE IN NIFTY OF VIEWERS IS QUITE POOR,SO SOME TIME I HESITATE TO SHARE ,CONSIDERING ,VIEWERS OF THIS THREAD ARE NOT TRADING NIFTY-NOW I AM LEAVING FOR MOVIE

 

[ashwani chadha]

very very important rule of end of day trading
--------------------------------------------
suppose end of day indicator based trader are short,(by indicator i just mean RSI)
AND EOD PRICE ACTION BASED TRADER ARE LONG(BY PRICE ACTION BASED TRADER I MEAN ,WHO TRADE ON THE BASIS OF JUST SUPPORT AND RESISTANCE)THEN POWER OF PRICE ACTION TRADER,TO CARRY A TRADE ON LONG SIDE IS LIMITED UP TO END OF DAY UPPER RESISTANCE.
AT THIS LEVEL PRICE ACTION BASED TRADER,WILL BE STOPPED BY INDICATOR BASED TRADER NINE OUT OF TEN TIME.
IN LAST 15 DAYS,INTRADAY MOVEMENT IN NIFTY in three days WAS OF 100 TO 300 POINT,INCLUDING BUDGET DAY,
AND ALL THE THREE TIME NIFTY REVERSED FROM END OF DAY RESISTANCE,IN A 200 POINT MOVEMENT,WITH AN ACCURACY OF JUST THREE POINT
WHEN IT HAPPENED SECOND TIME ,I SHARED ALL THE LEVEL OF REVERSAL
ON 6TH MARCH,WHEN I TOLD IT SHOULD REVERSE FROM 5425 AND IT REVERSED FROM 5428 !!!!
ON 29TH FEB,IT WAS FIRST TIME
THEN AGAIN ON 16TH MARCH THIRD TIME ,BUDGET DAY ,IT REVERSED FROM 5482 AND ITS RESISTANCE WAS 5479 AGAIN 3 POINT ACCURACY,ALTHOUGH THE LEVEL WERE NOT SHARED THIS TIME AT THE THREAD BY ME ,REASON WAS THIS THREAD IS BASICALLY FOR COMMODITY AND RESPONSE IN NIFTY OF VIEWERS IS QUITE POOR,SO SOME TIME I HESITATE TO SHARE ,CONSIDERING ,VIEWERS OF THIS THREAD ARE NOT TRADING NIFTY-NOW I AM LEAVING FOR MOVIE

zink resistance 104/40