how much return you expect from commodity market

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cotton

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swing range 20825 to 20870 app
OKay..so I got a decent Price and just 15-20 min back it did swing to 20835...
Also In morning I calculated the same to 20827...
Just need to be confident..i guess....any more stuff i need to check in support...for next several days i will tell you the support and resistance...to get confidence...
 
OKay..so I got a decent Price and just 15-20 min back it did swing to 20835...
Also In morning I calculated the same to 20827...
Just need to be confident..i guess....any more stuff i need to check in support...for next several days i will tell you the support and resistance...to get confidence...
if your calculation is 10 point here or there to mine then that is perfect.confluence, which i use is more strong to 4 hour so in gold 10 point difference may be their
 
Ashwani do we have any other calculation for support/resistance other than seeing the SMA...
you can use historical sp/rs,in my view that is out dated,i have used 10 sma as support for one year at one hour time frame,it gives perfect results,it looks you have still not concentrated on it,it has given lot of money to day even by giving perfect entry(10 sma is a complete mts independently),i dont know why you are not trying to use it
 

cotton

Well-Known Member
you can use historical sp/rs,in my view that is out dated,i have used 10 sma as support for one year at one hour time frame,it gives perfect results,it looks you have still not concentrated on it,it has given lot of money to day even by giving perfect entry(10 sma is a complete mts independently),i dont know why you are not trying to use it
Today was the first day when I was able to get hold of SMA stuff...let me see today how good calculations comes up today...
 
As i am regularly tracking nifty and bank nifty also,so if fiew of the viewers are trading in nifty/bank nifty,they can ask regarding support of these,and desired buying leval for any particular day,which i calculate with the help of mathematicall pivot point support,at this support nifty is still long from 5400/- levals with a very nominal stop loss,in this system, we change our stop loss twice a day ,to keep the stop loss nominal,one change is done, in stop loss, after opening of market at nine, and second time after tewelve o clock
AS FOR AS COMMODITY TRADING IS CONCERNED,ONCE I CHANGE MY STOP LOSS AFTER OPENING AROUND 10 O LOCK(AFTER FIRST TWO HOUR OF TRADING,ONCE THE OPENING VOLATILTY IS OVER ,THEN AFTER 12 0 CLOCK I CHANGE MY STOP LOSS SECOND TIME)( AND AFTER SIX WHEN WE ARE CONNECTED WITH INTERNATIONAL MARKETS I CHANGE MY STOP LOSS THIRD TIME ON THE BASIS OF VOLETILTY LEVAL IN BETWEEN 12 AND SIX,TO KEEP THE STOP LOSS NOMINAL AND ACCURATE ALSO, I FOLLOW THIS POLICY OF CHANGE IN TRAILING STOP LOSS)
 
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