how much return you expect from commodity market

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Although i my self is basically trading in commodities but we must never forget that most eaisy way to earn money from the market is by trading nifty and the reason behind is ,that the volume which nifty carries is so high that no indivisual can manipulate it,so all technicalls work perfectly on it and that is why,the real smart money always sit on it
 
Although i my self is basically trading in commodities but we must never forget that most eaisy way to earn money from the market is by trading nifty and the reason behind is ,that the volume which nifty carries is so high that no indivisual can manipulate it,so all technicalls work perfectly on it and that is why,the real smart money always sit on it
after a bull run, nifty is caped in 50 point range,its to day range was 5880 to 5930(april future)
 

sumeetsj

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after a bull run, nifty is caped in 50 point range,its to day range was 5880 to 5930(april future)
I think that there is indecision right now. Traders/investors cannot gauge as to where the market will head.
But by the nature i can say that this range will be only broken by gap down or gap up openings.
As now at 5950 zone there is a trendline resistance.
And at the downside below 5850 zone directly 5700 zone seems to be a good support.
pls comment
 
I think that there is indecision right now. Traders/investors cannot gauge as to where the market will head.
But by the nature i can say that this range will be only broken by gap down or gap up openings.
As now at 5950 zone there is a trendline resistance.
And at the downside below 5850 zone directly 5700 zone seems to be a good support.
pls comment
as for as over all range you are perfect,but the rang which i gave was for to day it self,these days till the market is cap,we can buy at support and sell at resistance,these were the support /resistance of today.if some one has traded just keeping in mind these two leval ,then( two)moves to day were5885 to5930 long and then short from5930 to5902 closing rate to day, it gives a profit of 3650 buy just trading in one nifty only,i am planning to start nifty trading from tommorow,previously i was not trading nifty
 

cotton

Well-Known Member
very big achievement,cong !!!!!THROUHH OUT THE DAY I WAS WORKING ON NIFTY,SO THAT I CAN START ITS TRADING FROM TOMMOROW,THAT IS WHY I WAS NOT ON THE THREAD TO DAY
cool..so from tomorrow..no commodities and only nifty..:)

Now whats the next step in mts...suport resistance using sma..i have got some hold..using 1 hour and 4 hours charts..
 
I think that there is indecision right now. Traders/investors cannot gauge as to where the market will head.
But by the nature i can say that this range will be only broken by gap down or gap up openings.
As now at 5950 zone there is a trendline resistance.
And at the downside below 5850 zone directly 5700 zone seems to be a good support.
pls comment
DEAR SUMEETSJ,UP TO 31.3 I WAS USING THREE MECHNICAL TRADING SYSTEMS ONE FOR PURE INTRA DAY ONE FOR SWING AND ONE FOR EOD,SO,( FOR ALL SYSTEMS,SEPRATE TRAILING STOP LOSS,AND SEPRATE SUPP/RES REQUIRED,IT WAS A COMPLICATED PROCESS,FROM 1.4 I HAVE AMALGAMATED ALL THE THREE SYSTEMS IN A SINGLE SYSTEM,NOW WEATHER I TRADE ON PURE INTRA DAY OR SWING OR EOD MY TRAILING STOP LOSS FOR ALL THE THREE TRADES IS SAME,MY SUPPORT/RESISTANCE FOR ALL THE THREE SAME,NOW ON EOD STOP LOSS REDUCED A LOT,BACK TESTED THIS SYSTEM, STILL WINNING RATIO OF MORE THEN 90 %,this system is carrying nifty from 5400 leval, no triger of stop loss till to day,this modification came in to my mind,when i spent fifty hours to study all the posts of mr.paul,just to know weather some thing is there, in their system,which i still dont know,after spending 50 hours, i realised that their is one thing ,which can help me to convert three systems in to one,and still i will be in a position to trade them separtely and jointly as well,in this new system my stop loss to day was just 5879/-,turn was taken by nifty at , 5882/- leval,what i want to say if 5879 works perfectly,why i will think of a support 5700/-if nifty comes at 5700/ leval i will be short by that time from quite higher leval,if 5879 broken on closing bar basis, to day long from 5400/-in nifty was going to be closed by my system,and it is a zero zero system thanks(i am fond of TAT AND ALWAYS TRY TO IMPROVE MY KNOWLEDGE BY GOING THROUGH OTHERS SYSTEMS, I DONT HESITATE TO SAY ,I LEARN EVERY THING LIKE THIS,AND I AM THANKFULL OF MR PAUL FOR THEIR VALUABLE THOUGHTS WHICH CONTRIBUTED TO MY KNOWLEDGE.
 
DEAR SUMEETSJ,UP TO 31.3 I WAS USING THREE MECHNICAL TRADING SYSTEMS ONE FOR PURE INTRA DAY ONE FOR SWING AND ONE FOR EOD,SO,( FOR ALL SYSTEMS,SEPRATE TRAILING STOP LOSS,AND SEPRATE SUPP/RES REQUIRED,IT WAS A COMPLICATED PROCESS,FROM 1.4 I HAVE AMALGAMATED ALL THE THREE SYSTEMS IN A SINGLE SYSTEM,NOW WEATHER I TRADE ON PURE INTRA DAY OR SWING OR EOD MY TRAILING STOP LOSS FOR ALL THE THREE TRADES IS SAME,MY SUPPORT/RESISTANCE FOR ALL THE THREE SAME,NOW ON EOD STOP LOSS REDUCED A LOT,BACK TESTED THIS SYSTEM, STILL WINNING RATIO OF MORE THEN 90 %,this system is carrying nifty from 5400 leval, no triger of stop loss till to day,this modification came in to my mind,when i spent fifty hours to study all the posts of mr.paul,just to know weather some thing is there, in their system,which i still dont know,after spending 50 hours, i realised that their is one thing ,which can help me to convert three systems in to one,and still i will be in a position to trade them separtely and jointly as well,in this new system my stop loss to day was just 5879/-,turn was taken by nifty at , 5882/- leval,what i want to say if 5879 works perfectly,why i will think of a support 5700/-if nifty comes at 5700/ leval i will be short by that time from quite higher leval,if 5879 broken on closing bar basis, to day long from 5400/-in nifty was going to be closed by my system,and it is a zero zero system thanks(i am fond of TAT AND ALWAYS TRY TO IMPROVE MY KNOWLEDGE BY GOING THROUGH OTHERS SYSTEMS, I DONT HESITATE TO SAY ,I LEARN EVERY THING LIKE THIS,AND I AM THANKFULL OF MR PAUL FOR THEIR VALUABLE THOUGHTS WHICH CONTRIBUTED TO MY KNOWLEDGE.
nifty april future to day 50 point range looks to be 5885 to 5935(after a move from 5400/ to day first time nifty has broken its swing support)
 
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