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

[maxg]

Kamleshji,

Tried as best I could

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[cpt.rajesh14]

yesterday as per UMS

Entry at 5399

Exit at 5349

gain Rs 5000

 

[VJAY]

Dear Kamlesh,

5. Execution: When market is about to kiss BRL (say in a 60-min set-up), we enter in 05-min chart
on MT4 and Sell the market with precise timing. Stochastics can be used for this purpose.

Can you eloberate little bit more abv statement.....you means we enter below 5 min pvt?...if you share 1/2 charts for entry/execution using 5 trf or stoch its good for us.....

Also I want to know how you trail s/l?eg...we short in crude from 101.3 ...here where you trail stops?

 

[Sunny1]

Achha...... toh akele-akele analysis kar rahe hain..... Theek hai.... Mat bataiye hum logo ko........

http://www.myfxbook.com/members/SavantGarde/341050/203430

Yeh lo bhai Aap ..bhi....analyses kijiye...

When I read SG has fxbook acc....I just type savant in fxbook search.....and got his profile ....its easy try it....

 

[Sunny1]

Kamlesh ,

I read your PDF briefly...
Must say your system is based on very correct logic and method.
I look for similar setup in my trading...
Only thing I do nt put any line...
but I just observe trough and peaks....their strength and weakness.

 

[MahindraI]

Nobody can teach you how to trade.first find your interest and then try analyze the market. don't start to play with commodities start with shares

 

[uttamkamlesh]

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[uttamkamlesh]

Nobody can teach you how to trade.first find your interest and then try analyze the market. don't start to play with commodities start with shares

What about Richard Dennis' Experiment on Turtle Traders?...

 

[uttamkamlesh]

i am very new to commodity trading, may ask silli questions, please excuse me for that. If we notice a change in trend in 5 min candle, shall we wait for confirmation in hourly candle before taking the trade ?

We see in 5 min chart to have better visibility (only) but the plan is to sell as soon as price touches BRL, at least one lot, because sometimes there is a flood of sell orders.

 

[uttamkamlesh]

Dear Kamlesh,

5. Execution: When market is about to kiss BRL (say in a 60-min set-up), we enter in 05-min chart
on MT4 and Sell the market with precise timing. Stochastics can be used for this purpose.

Can you eloberate little bit more abv statement.....you means we enter below 5 min pvt?...if you share 1/2 charts for entry/execution using 5 trf or stoch its good for us.....

Also I want to know how you trail s/l?eg...we short in crude from 101.3 ...here where you trail stops?

1. We open 05 min chart for the comfort of our eyes, to see this kissing activity more clearly.

2. Stop Loss is now at recent peak i.e. 101.81, though rupee dollar relationship forces me to keep it at 5506 in MCX, this is only for protection against any big news like Koreans doing something unusual.

For 101.81 i think its safe just because there is Bearish Engulfing pattern on Daily charts and bulls have already got demoralized.