how much return you expect from commodity market

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A

ashwani chadha

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#1,731
#1,731
marimuthu13 said:
hello sir,
one day it shows confirmed long trend, then immediate next day it shows confirmed short trend, how to trade EOD basis even if we have EOD support/resistance levels..


For example, day before yesterday, zinc was confirmed short trend as it is closes below EOD support of 95.80, so i took short trade around 95.50 but then yesterday i went up and closed in confirmed long as it closes above EOD resistance of 97.80..Please clarify and help ..
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dear mari muthu,as i shifted from 4 hour swing to eod,i also faced the same problem,in last 20 days my 20 to 30 k mtm profits came and gone due to triger of eod stop loses ,i lost nothing but i earned nothing.since two three days i am calm at my thread,almost my posts or nil,reason once gone at eod,not ready to come at 4 hour swing,but as per rule will use ,one hour and four hour swing just for entry,not for exit(exit will be done as per eod this is the basic rule)now basically at eod ,at present move to move trading is not possible,so i have adjusted my MTS according to correction to correction trading,i hope this will solve your as well as mine problem,now we will trade at eod but through 4 hour swing as previously we were doing, our stop loss will be four hourly,it will help us to save our capital,and enjoy the benifit of eod as well,let us hope for the best!!!to be continued
 
A

ashwani chadha

Well-Known Member
#1,732
#1,732
ashwani chadha said:
dear mari muthu,as i shifted from 4 hour swing to eod,i also faced the same problem,in last 20 days my 20 to 30 k mtm profits came and gone due to triger of eod stop loses ,i lost nothing but i earned nothing.since two three days i am calm at my thread,almost my posts or nil,reason once gone at eod,not ready to come at 4 hour swing,but as per rule will use ,one hour and four hour swing just for entry,not for exit(exit will be done as per eod this is the basic rule)now basically at eod ,at present move to move trading is not possible,so i have adjusted my MTS according to correction to correction trading,i hope this will solve your as well as mine problem,now we will trade at eod but through 4 hour swing as previously we were doing, our stop loss will be four hourly,it will help us to save our capital,and enjoy the benifit of eod as well,let us hope for the best!!!to be continued
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shortly i will give ,detail of ,case of lead, of one and a half month move,after that you will realise where your problem lies and you will solve this problem youe self, after my next post on this problem to you
 
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ashwani chadha

Well-Known Member
#1,734
#1,734
adydeshkar said:
heloo ashwani sir ..2 day der is drastic fall in nickle prices aroun 58points..which very huge...is der any international news bcoz of which dis happend ..
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yesterday nickel closing at eod was confirmed long but to day from 1114/95 in morning it was a clear technical short,if technicals are so perfect why chase news,so i never go in the reason why? if technically short then just go short blindly,dont try to find the reason(GAP DOWN OPENING IN SHORT ZONE support broken at 1119/25,after one hour wait short was required from 1114/95 ;this is technical reason)(shortly i will give complete technical reason how this fall in nickel happned)
 
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cotton

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#1,737
#1,737
Ashwani I have noticed 1 thing..whenever the international market opens there is always reverse trend for sometime and then as the volatility settles the markets joins the prime trend...
 
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ashwani chadha

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#1,738
#1,738
cotton said:
Ashwani I have noticed 1 thing..whenever the international market opens there is always reverse trend for sometime and then as the volatility settles the markets joins the prime trend...
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initially this happens due to confusion by small investers,they want to take benifit at once and are normally caught in hurry,TRADING IS NOT A GAME OF HURRY
 
A

adydeshkar

New Member
#1,739
#1,739
GCI demo practice account have copper of comex and about silver, gold ,crude oil i dont knw they related to which market but present in software ...u jus need to open an account http://www.gcitrading.com/demo.htm...fill up form ...download software ...n select account type as CFD/share trading while logging in .....you will notice that MCX copper price and COMEX copper go hand in hand ...jus copy of each other .....mosssst of the times...
 
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