how much return you expect from commodity market

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ashwani chadha

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#5,122
#5,122
trade1111 said:
ASHWANI JI, As base metal pack are in the long trend' I would like to go long in lead or zinc ..However will wait for your reply, before entering any trade.
Thank you.
Click to expand...
dear trade 1111
in base metal pack,optimum openings for long,were like this
aluminum-----18/4-------105/60
lead ---------18/4-------105/65
copper-------16/4-------411/10
zink----------16/4-------102/50
nickel--------17/4-------118/00
all are 30 April future
i have mentioned above first reversal day of opening from short to long trade,one should try to enter on this very first day,now all above are in third fourth or fifth day of long side.at this stage it becomes risky trade,as one will still be considered late.
STEP ONE----GO AT GOGGLE
STEP TWO--FEED THE TERM GOLDEN CROSSOVER AND BLACK CROSSOVER
STEP THREE---ONCE YOU GET VARIOUS SITES ON IT TRY TO UNDERSTAND THE IMPORTANCE OF THESE TWO CROSS OVERS
STEP FOUR---USE THESE CROSS TO GO LONG OR SHORT, IN THE DIRECTION OF THE LONG TERM TREND ON END OF DAY BASIS,BUT YOU HAVE TO TAKE ENTRY ,WHEN BREAK OUT OF CROSS OVER COME AT FIVE MINUTE TIME FRAME EXACTLY IN NEXT BAR OF BREAKOUT ON FIVE MINUTE TIME FRAME.IN THE DIRECTION OF THE PRIME END OF DAY TREND.
IN THIS CASE YOU WILL NORMALLY GET ENTRY ON SECOND OR THIRD DAY OF OPTIMUM OPENING OF TRADE.BUT STILL THESE TRADE WILL BE EXTREMELY PROFITABLE AND YOU CAN EARN SAFE AND SUFFICIENT AMOUNT OF MONEY
BEST OF LUCK FOR TRADING
 
T

trade1111

Active Member
#5,123
#5,123
ashwani chadha said:
dear trade 1111
in base metal pack,optimum openings for long,were like this
aluminum-----18/4-------105/60
lead ---------18/4-------105/65
copper-------16/4-------411/10
zink----------16/4-------102/50
nickel--------17/4-------118/00
all are 30 April future
i have mentioned above first reversal day of opening from short to long trade,one should try to enter on this very first day,now all above are in third fourth or fifth day of long side.at this stage it becomes risky trade,as one will still be considered late.
STEP ONE----GO AT GOGGLE
STEP TWO--FEED THE TERM GOLDEN CROSSOVER AND BLACK CROSSOVER
STEP THREE---ONCE YOU GET VARIOUS SITES ON IT TRY TO UNDERSTAND THE IMPORTANCE OF THESE TWO CROSS OVERS
STEP FOUR---USE THESE CROSS TO GO LONG OR SHORT, IN THE DIRECTION OF THE LONG TERM TREND ON END OF DAY BASIS,BUT YOU HAVE TO TAKE ENTRY ,WHEN BREAK OUT OF CROSS OVER COME AT FIVE MINUTE TIME FRAME EXACTLY IN NEXT BAR OF BREAKOUT ON FIVE MINUTE TIME FRAME.IN THE DIRECTION OF THE PRIME END OF DAY TREND.
IN THIS CASE YOU WILL NORMALLY GET ENTRY ON SECOND OR THIRD DAY OF OPTIMUM OPENING OF TRADE.BUT STILL THESE TRADE WILL BE EXTREMELY PROFITABLE AND YOU CAN EARN SAFE AND SUFFICIENT AMOUNT OF MONEY
BEST OF LUCK FOR TRADING
Click to expand...
THANK YOU ASHWANI JI, I will follow up on this Right now current failure ..cannot be on the net..Thanks again..
 
A

ashwani chadha

Well-Known Member
#5,124
#5,124
ashwani chadha said:
if we are not clear regarding the trend that whether the reversal has happened or not as in case of gold /gold gunia /silver it was not very clear on Friday closing that long trend has ended,or not,in that case, we are suppose to assume that the the previous long trend is still continue,but on Monday we will wait for the reversal bar to form.it means if on Monday,Friday low of silver/gold/gold gunia is broken then we will close long,using Friday low as our stop loss and Monday bar will be considered as reversal bar
Click to expand...
as Friday low in gold and gold gunia were not broken to day,so no reversal bar formed in these two,so these are still on long side
but Friday low in silver was broken today,so a reversal bar was formed in silver to day,so long was required to be closed and short was required to be opened in silver today
 
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ashwani chadha

Well-Known Member
#5,125
#5,125
saurav.rokrz said:
ashwini sir,
i want to ask a ques that like natural gas and copper and gold etc are 24 hrs active but after mcx timing if one is in open position will he be counted for profit or loss for movement in night till mcx opening...plz rply?
Click to expand...
you have nothing to do with over night international trading
but you are directly connected to its impact on mcx in the morning
as an impact of overnight international trading ,over night,market will open gap up or gap down
if you are long and market open gap up,you will be considered in profit
if market open gap down you will be considered in loss
 
A

ashwani chadha

Well-Known Member
#5,126
#5,126
saurav.rokrz said:
ashwini sir,


can you guss how much correction can come in lead so that i can buy it???
thnx
Click to expand...
once a commodity show weakness,like lead is showing at present
then once price will break lower support and lower support will become lower resistance
then after that when price will again break lower resistance from lower to upper side,then long is taken
normal rule which we follow is this---
if at the time of crossing of lower resistance bar under construction is green we will go long at once,during under construction eod bar
but if colour of bar is read at the time of crossing the under construction bar ,then we will wait once end of day bar will close above lower resistance and its end of day closed bar is green,then we will go long
after opening of market i will tell lower support of lead
at present lead is above lower support and below upper resistance in (((no mans land)))
 
A

ashwani chadha

Well-Known Member
#5,127
#5,127
ashwani chadha said:
once a commodity show weakness,like lead is showing at present
then once price will break lower support and lower support will become lower resistance
then after that when price will again break lower resistance from lower to upper side,then long is taken
normal rule which we follow is this---
if at the time of crossing of lower resistance bar under construction is green we will go long at once,during under construction eod bar
but if colour of bar is read at the time of crossing the under construction bar ,then we will wait once end of day bar will close above lower resistance and its end of day closed bar is green,then we will go long
after opening of market i will tell lower support of lead
at present lead is above lower support and below upper resistance in (((no mans land)))
Click to expand...
except silver all the five base metal lead zink aluminium nickel copper and gold /gunia at present on long side
yesterday low will be our stop loss for long trades
 
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