how much return you expect from commodity market

Status
Not open for further replies.
A

ashwani chadha

Well-Known Member
#541
#541
ashwani chadha said:
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)
Click to expand...
4630/- to 4665/- in between short covering was going on , at4665/ short covering over, fresh longs start , here we will join , smart money
 
C

cotton

Well-Known Member
#542
#542
Ashwani in Nickel today now it declined...I am not able to technically collaborate as yesterday Accumulation happened at 1190 and the swing to 1205...but today declined...means distribution happened quickly and accumulation happening...?
 
A

ashwani chadha

Well-Known Member
#543
#543
cotton said:
Ashwani in Nickel today now it declined...I am not able to technically collaborate as yesterday Accumulation happened at 1190 and the swing to 1205...but today declined...means distribution happened quickly and accumulation happening...?
Click to expand...
it may be your good luck if accumlation happen at 1185 leval.which is its swing resistance, but for this ,price will have to stay here for appr.3 hour more.eod is not very strong,now the only option left is use stick stop loss of 1280/-and remember if you will do mistake,prepare for the punishment of the market,which market is planning to give you
 
A

ashwani chadha

Well-Known Member
#544
#544
dear cotton ,since last few days,the moves which are strong at the closing time ,they are opening gap down in the morning, so far few days open your position in the morning ,and close them , before closing of that day.it will prove to be a good strategy,for few days ,forget about short ,and just take long only , it will decerease your trades and increase your concentration on these few long trades and you will be ultimately benifited ,by having just few positions and so less burden on mind , best of luck
 
C

cotton

Well-Known Member
#545
#545
ashwani chadha said:
dear cotton ,since last few days,the moves which are strong at the closing time ,they are opening gap down in the morning, so far few days open your position in the morning ,and close them , before closing of that day.it will prove to be a good strategy,for few days ,forget about short ,and just take long only , it will decerease your trades and increase your concentration on these few long trades and you will be ultimately benifited ,by having just few positions and so less burden on mind , best of luck
Click to expand...
I have been trying to do this and loosing money...Last 3 days..around 10K loss...latest with Nickel... :(
Today lets see...
 
C

cotton

Well-Known Member
#548
#548
Fundamental Analyst say today being the last day of the quarter..Market could turn one way for sometime and another for sometime....Kind of flat market...Analyst would be covering shorts or adding to portfolio to show profit for the quater...Trend Change we can expect from Monday or Friday evening sessions...
 
Status
Not open for further replies.
Thread starter Similar threads Forum Replies Date
K How much annual returns should a good day-trading strategy give? Day Trading 8
A how much return you expect from commodity market Part 2 Metals 71
F How much return on 1L? Day Trading 38
A How much return you expect from forex market Forex 180
R How much return do you expect ? General Chit Chat 24

Similar threads