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

Easier to Trade - Commodities or Indexes or Stocks

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uttamkamlesh

uttamkamlesh

Banned
#1,191
#1,191
timepass said:
Still confused. What kind of volume confirmation ?? Should the low of point 3 be taken out with greater volumes or lower volumes ?? :confused:
Click to expand...
WW safe Entry (my secret unfolds):

1. I want to see heavy volume trading at point 5 (Day1) vicinity which happens mostly in and around 1-3-5 line.....

2. Then next day (Day2) i would love to see if volume reduces....that's it "Sellers have been caught!!!...

3. Now, I would place a Buy Stop Order above the Day2's High, much better if it is above 1-3-5 line.

4. Now the loss booking by trapped Sellers starts!...that's why the rapid move...I would trade calls!...all OTM....
 
SavantGarde

SavantGarde

Well-Known Member
#1,192
#1,192
Hi Kamlesh,

Your sharpness of interpretation is getting pretty Lethal....Wow

SG

uttamkamlesh said:
WW safe Entry (my secret unfolds):

1. I want to see heavy volume trading at point 5 (Day1) vicinity which happens mostly in and around 1-3-5 line.....

2. Then next day (Day2) i would love to see if volume reduces....that's it "Sellers have been caught!!!...

3. Now, I would place a Buy Stop Order above the Day2's High, much better if it is above 1-3-5 line.

4. Now the loss booking by trapped Sellers starts!...that's why the rapid move...I would trade calls!...all OTM....
Click to expand...
 
adityasaraf007

adityasaraf007

Well-Known Member
#1,195
#1,195
premlara said:



Crude 30 mins view..

Please clarify...
Click to expand...
Yes..... You have identified the WW correctly..... Congratulations!!! :)

5* is correct and the place that you have marked as "???" is not identified as a number........ It's the Target Price for the WW.....

On how to trade this..... just look at Kamleshji's post which is 2-3 posts above this one :)
 
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