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

[maheshaa]

Kamlesh....Check the Symmetry on either side of the Green Diagonal Highlighted with the Mauve Rectangular Border

SG

SUSHILJI, can you insert cone to the downtrend so that we could see that it is getting squeezed at the bottom and then we would get the idea of where the curve will divert

 

[uttamkamlesh]

Hello Kamlesh,

See chart of Crude (5-Min). Do you think this is failed UMS?

I know time frame is quite small but thouht this should apply in all TF. Please let me know what I'm doing wrong.

Regards,

Uploaded with ImageShack.us

Uploaded with ImageShack.us

 

[uttamkamlesh]

Uploaded with ImageShack.us

 

[uttamkamlesh]

Uploaded with ImageShack.us

 

[uttamkamlesh]

I want to get Kamlesh's IITian brain.... totally ticking.....!!!

Kamlesh...small clue for you.... SYMMETRY OF THE MARKET CYCLE

SG

SG Sir....OK i have got something to think....let me see....

 

[SavantGarde]

Symmetry works as the word implies.... there is no Pivot involved.....!!!

SG

I love symmetries...... And the script mentioned in the previous post looks absolutely fantastic for a Washout........ Thank you....

But still one question remains......... How and why did you select 5931 as your Horizontal Line...... Why not the pivots around 6300, 5700, etc....

 

[SavantGarde]

Hi Kamlesh,

It is GCI...one will need to enable >Tools>Options>Chart and in the applet you have two fields 'Maximum Bar in History & Maximum Bar in a Chart'

In both the fields input maximum number of 9s it will accept....

and then you should have just as much data as I have, which is from 30/05/2008

SG

SG Sir....which MT4 you are using?......GCI MT4 does not have that much historical data....

 

[premlara]

Waw...what a view...any specific literature you suggest to gain more knowledge on this? We can google and get tons of garbage; but if you suggest something that will be helpful...

 

[myamit]

Crude moved with great volatility. Was this due to inventory release or some news from gulf? Any clue...

Regards,

 

[abhi_neth]

Crude moved with great volatility. Was this due to inventory release or some news from gulf? Any clue...

Regards,

Hi Amit,

Was a technical move, as it was failing to close below 102.2 on hourly basis since past 4 hours, so it had no way to go then up.