how much return you expect from commodity market

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cotton

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#592
#592
Ashwani when we say we need to buy at support..we mean we can buy +- 10 around support...
Also while looking at the chart of Nickel...I am failing to understand what went wrong in my calculations the way its running down...is it a part of the big trend..I used to look at EOD and Weekly charts to confirm the trends and then get in the trend...this is what exactly i did...I was preparing my MTS on this system only..seeing lower bottoms and higher tops..to confirm the trend and get in the trend...
Based on pivot point of the previous day I used to calculate support and resistance for the said commodity...
 
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ashwani chadha

Well-Known Member
#593
#593
cotton said:
Ashwani when we say we need to buy at support..we mean we can buy +- 10 around support...
Also while looking at the chart of Nickel...I am failing to understand what went wrong in my calculations the way its running down...is it a part of the big trend..I used to look at EOD and Weekly charts to confirm the trends and then get in the trend...this is what exactly i did...I was preparing my MTS on this system only..seeing lower bottoms and higher tops..to confirm the trend and get in the trend...
Based on pivot point of the previous day I used to calculate support and resistance for the said commodity...
Click to expand...
yes we can give margin of 10 to 20 point
 
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ashwani chadha

Well-Known Member
#598
#598
cotton said:
Ashwani when we say we need to buy at support..we mean we can buy +- 10 around support...
Also while looking at the chart of Nickel...I am failing to understand what went wrong in my calculations the way its running down...is it a part of the big trend..I used to look at EOD and Weekly charts to confirm the trends and then get in the trend...this is what exactly i did...I was preparing my MTS on this system only..seeing lower bottoms and higher tops..to confirm the trend and get in the trend...
Based on pivot point of the previous day I used to calculate support and resistance for the said commodity...
Click to expand...
this is fifth day at eod nickel/copper short side
 
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