how much return you expect from commodity market

Status
Not open for further replies.

cotton

Well-Known Member
if you copy paste those charts, what you read,then i will see what the problem is, and will explain you,you can send it to my thread in your reply by copy/pasting
I am reading from

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:average_true_range_a

Conclusions

ATR is not a directional indicator, such as MACD or RSI. Instead, ATR is a unique volatility indicator that reflects the degree of interest or disinterest in a move. Strong moves, in either direction, are often accompanied by large ranges, or large True Ranges. This is especially true at the beginning of a move. Uninspiring moves can be accompanied by relatively narrow ranges. As such, ATR can be used to validate the enthusiasm behind a move or breakout. A bullish reversal with an increase in ATR would show strong buying pressure and reinforce the reversal. A bearish support break with an increase in ATR would show strong selling pressure and reinforce the support break.
 
Last edited:
I am reading from

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:average_true_range_a

Conclusions

ATR is not a directional indicator, such as MACD or RSI. Instead, ATR is a unique volatility indicator that reflects the degree of interest or disinterest in a move. Strong moves, in either direction, are often accompanied by large ranges, or large True Ranges. This is especially true at the beginning of a move. Uninspiring moves can be accompanied by relatively narrow ranges. As such, ATR can be used to validate the enthusiasm behind a move or breakout. A bullish reversal with an increase in ATR would show strong buying pressure and reinforce the reversal. A bearish support break with an increase in ATR would show strong selling pressure and reinforce the support break.
i have read it , after loading new software tommorow i will explain you
 
I am reading from

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:average_true_range_a

Conclusions

ATR is not a directional indicator, such as MACD or RSI. Instead, ATR is a unique volatility indicator that reflects the degree of interest or disinterest in a move. Strong moves, in either direction, are often accompanied by large ranges, or large True Ranges. This is especially true at the beginning of a move. Uninspiring moves can be accompanied by relatively narrow ranges. As such, ATR can be used to validate the enthusiasm behind a move or breakout. A bullish reversal with an increase in ATR would show strong buying pressure and reinforce the reversal. A bearish support break with an increase in ATR would show strong selling pressure and reinforce the support break.
the site which you sent me, i have already read it,he is the original developer of the atr,i will tell you what is the latest modification after his development in atr
 

jagankris

Well-Known Member
i will wait for to day so that if some body is interested to share his thoughts on crude, he can share,but before opening of market tommorow i will explain ,so that more people are not caught :HAPPY HOLI TO ALL VIEWERS,HEALTHY & WEALTHY FURTHUR LIFE
Ashwani,

I always find it difficult to trade Crude oil.
The reason being it is traded by bots.Sudden - un anticipated reversals.
Also the price volatility is very high.
Several false break outs and lot more.

Welcome more inputs.

Happy Trading.
 
Ashwani,

I always find it difficult to trade Crude oil.
The reason being it is traded by bots.Sudden - un anticipated reversals.
Also the price volatility is very high.
Several false break outs and lot more.

Welcome more inputs.

Happy Trading.
dear jagan, crude should not be traded at small time frames 5m or 15 m or 1- hour,if its not a proper confluence spot , where we are taking a position ,then we may be caught,so a large time frame is very important,yesterday its confluence spot was 4665/-,where smart money accumlated it,now it is trading at 4695/-app, not a bad game,if followed smart money at confluence point(never trade with buyer seller data in crude)(FALSE BREAK OUT WILL COME WHEN TIME FRAME YOU USED IS SMALL)(WHAT YOU HAVE TO UNDER STAND HERE IS THAT IN CRUDE LOWEST POINT WAS 4630/-BUT CONFLUENCE POINT WAS 4665/-IN CRUDE ,EARLY DECISION,BECOMES THE CAUSE OF CONCERN)
 
Last edited:
Status
Not open for further replies.

Similar threads