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

Easier to Trade - Commodities or Indexes or Stocks

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adityasaraf007

adityasaraf007

Well-Known Member
#1,741
#1,741
Kamleshji...... I could find just upto Theorem 15...... Are you sure you covered Theorem 16..... Moreover, I missed out on Theorem 14, can someone provide the link for it..... And Theorem 11 & 15 seems to be identical...... Had a good revision......... :)

Now, coming to the Theorem which is applicable to Silver:

Theorem - 04: Market follows the 'Path of Least Resistance' just like current:
(b) If market has formed a Resistance/Support line for itself, it pays attention to it in its next visit, It rebounds unless there is a great force (High ADX) to penetrate it successfully.

Theorem - 07: EVERY CLIMAX VOLUME FALL ALMOST ALWAYS RETESTS ITSELF BEFORE RISING.
 
uttamkamlesh

uttamkamlesh

Banned
#1,742
#1,742
adityasaraf007 said:
Kamleshji...... I could find just upto Theorem 15...... Are you sure you covered Theorem 16..... Moreover, I missed out on Theorem 14, can someone provide the link for it..... And Theorem 11 & 15 seems to be identical...... Had a good revision......... :)

Now, coming to the Theorem which is applicable to Silver:

Theorem - 04: Market follows the 'Path of Least Resistance' just like current:
(b) If market has formed a Resistance/Support line for itself, it pays attention to it in its next visit, It rebounds unless there is a great force (High ADX) to penetrate it successfully.

Theorem - 07: EVERY CLIMAX VOLUME FALL ALMOST ALWAYS RETESTS ITSELF BEFORE RISING.
Click to expand...
Yes you got it perfect!...Congrats!:)..

In theorem 07 i missed one phrase 'retests on Lower volume'. I am recollecting and refining the language of all theorems to my level best. Soon i would post all of them in a document. We have a lot to do in 2012. I hope we shall see at least 10 excellent traders contributing in this thread.

See every time Silver tested $26 volume diminished. That's a perfect Triple Bottom. I can not ask for more from the market. I am long on Silver for few weeks/months may be...unless $26 cracks.

Theorem 16 has come on a chart i posted yesterday i think...about healthy rise...


 
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coolcorner78

Active Member
#1,748
#1,748
For the weekend Analysis and read, check out what Dow can be doing in the start of 2012, there are two possibilities,

1. It can break the H & S and go up, with targets equivalent to depth of head from the neckline.

or

2. It can chop around neckline and breakdown with neckline forming the resistance, how it broke down in July 2011

Cheers!

PS: I am open for corrections, I am still learning to draw straight lines straight, learning alphabets ABC's, numbers 12345 :)
 

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coolcorner78

Active Member
#1,749
#1,749
Kamleshji,

Can this be the scenario also? Rather than counting 0 at the point of upward arrow or where I have drawn A, it could as well still be in a correcting mode, with X formed after first ABC waves and now we are at A and BC to get formed.

Cheers!

PS: I am open for corrections, I am still learning to draw straight lines straight, learning alphabets ABC's, numbers 12345 :)
 

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