how much return you expect from commodity market

[ashwani chadha]

Shorted Copper at 435...
SL : 441..
Target : 420..

Pls let me know what SL is your system generating...

you were not supposed to sq up this move yesterday,it was to be carried forward,mistake at your end

 

[cotton]

you were not supposed to sq up this move yesterday,it was to be carried forward,mistake at your end

Yes i know Ashwani..my mistake..and i realized also...Need to get my confidence back thinking i am taking the right move and it will sustain...anyways..part of learning curve..

 

[ashwani chadha]

Yes i know Ashwani..my mistake..and i realized also...Need to get my confidence back thinking i am taking the right move and it will sustain...anyways..part of learning curve..

current stop loss is 434.40

 

[cotton]

Ashwani in copper is the move still left or we can square up here...CMP 426

 

[ashwani chadha]

Ashwani in copper is the move still left or we can square up here...CMP 426

although the move is still left,as per rule you can not close the move but as ,you have suffered lot of losses,so even if before to day closing if you take target profit it will be a safe bet(at present lower support is 429.00 so as a rule we will close short only if 4 hour closing is above 429/- to day ,other wise we should carry the move)

 

[cotton]

Shorted 1 more lot at 424....if you feel i am wrong anywhere pls tell me..i dont want to loose further

 

[ashwani chadha]

Shorted 1 more lot at 424....if you feel i am wrong anywhere pls tell me..i dont want to loose further

once you are in a profit of app 10000/- in copper you can take the second position,so app your decision is write,but remember every next position is taken at pivot point resistance, and to day pivot point resisistanc is app 431/- technically your decision is 100% wrong,this position was required to be added tommorow from pivot point resistance only

 

[ashwani chadha]

Shorted 1 more lot at 424....if you feel i am wrong anywhere pls tell me..i dont want to loose further

square off one move before closing to day and carry the first one only

 

[cotton]

once you are in a profit of app 10000/- in copper you can take the second position,so app your decision is write,but remember every next position is taken at pivot point resistance, and to day pivot point resisistanc is app 431/- technically your decision is 100% wrong,this position was required to be added tommorow from pivot point resistance only

Ashwani..sqaured yesterday 1 lot as suggested...now what is the current pivot point resisatance from your system...for adding another lot...

 

[ashwani chadha]

Ashwani..sqaured yesterday 1 lot as suggested...now what is the current pivot point resisatance from your system...for adding another lot...

let the market open i will tell the next step with resi/pivot resistance