How to trade Commodities - Gold, Silver, Crude Oil, Natural Gas

Easier to Trade - Commodities or Indexes or Stocks


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VJAY

Well-Known Member
Dear Kamlesh,
Whats the target for this trade (crude)?

 

VJAY

Well-Known Member
Dear Abhi,
Thanks for explaining...I deleted that post thought may be some data error of MCX :)

From where you getting these convesion rate LIVE?
 

abhi_neth

Well-Known Member
Dear Abhi,
Thanks for explaining...I deleted that post thought may be some data error of MCX :)

From where you getting these convesion rate LIVE?
Hi VJAY

Yeah, I saw you deleted it after I posted. Anyway I'll delete the same. Live exchange rate you can find at www . xe . com
 

abhi_neth

Well-Known Member
I covered at 5180 i.e. around yesterdays low on mcx.

Thanks
I covered at 5175 & reversed to long. Always a good idea to cover position on formation of such WRB as profit booking usually takes place at the top/bottom of these bars.

Thx
 

NTrader42

Well-Known Member
I covered at 5175 & reversed to long. Always a good idea to cover position on formation of such WRB as profit booking usually takes place at the top/bottom of these bars.

Thx
Great, no longs for me :)

2 days high-low works well as S/R, although compared to international markets mcx misses out on 9 hours of trading so not always reliable.

Thanks
 
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