how much return you expect from commodity market

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copper is quite week, still near last stage,pivot resistance 427/-stop loss 429.8 if you have to take next short,then it should be around 427/- other wise not try to hold this,i will give next stop loss
pivot resistance is a place ,from where smart money adds positions,our decision should not be seprate to them,to be safer, we should follow them
 

cotton

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pivot resistance is a place ,from where smart money adds positions,our decision should not be seprate to them,to be safer, we should follow them
ADX we are using Simple average of 14 days...
RSI what are we using...Exponetional or weights average...and pls tell me the time period as well....I am using 14 and 22 ..so its E,14,22
 

cotton

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pivot resistance is a place ,from where smart money adds positions,our decision should not be seprate to them,to be safer, we should follow them
So we short from that place...or we go long...?
I can see form the EOD charts its weak but from the 4 hr chart and 6 min chart it shows oterwise..so i am confused..right now...
 
So we short from that place...or we go long...?
I can see form the EOD charts its weak but from the 4 hr chart and 6 min chart it shows oterwise..so i am confused..right now...
dont be confuse ,just follow technicals close short only if your four hour closing is above,424(just now,as to day trading period is less,so system has genrated new stop loss 428, new pivot resi 426/-any confusion ask 424/- is new lower resi if it breaks on closing basis we will close short
 
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cotton

Well-Known Member
dont be confuse ,just follow technicals close short only if your four hour closing is above,424(just now,as to day trading period is less,so system has genrated new stop loss 428, new pivot resi 426/-any confusion ask 424/- is new lower resi if it breaks on closing basis we will close short
Okay so we close short if closing above 424...
After that do we go long after that...
 
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