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

[maxg]

Kamleshji and seniors

Nifty 4H
Is this a valid UMS

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[adityasaraf007]

Get ready for a blast on either side...... If not tomorrow...... it should give a breakout on Monday..... (BTW, Saturday also has a Trading Session of about 1.5-2hrs)..... Beware of False Breakout......

Levels to watch 4805 and 4735 on Nifty Future........ If there's a Gap Opening..... we might not even get a chance of Retest........

 

[myamit]

Kamleshji and seniors

Nifty 4H
Is this a valid UMS

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Hey MaxG,

I could not replicate your chart with shown UMS. Is this nifty future chart or spot?

Regards,

 

[maxg]

This is spot data as per bfd

 

[uttamkamlesh]

Kamleshji and seniors

Nifty 4H
Is this a valid UMS

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For NIFTY 4H chart does not have much significance as we have 6:15 hrs of trading... better ignore the trade....we prefer continuous charts for UMS....it can be daily...weekly...5 min 15 min 60 min...etc...

 

[uttamkamlesh]

Get ready for a blast on either side...... If not tomorrow...... it should give a breakout on Monday..... (BTW, Saturday also has a Trading Session of about 1.5-2hrs)..... Beware of False Breakout......

Levels to watch 4805 and 4735 on Nifty Future........ If there's a Gap Opening..... we might not even get a chance of Retest........

How to trade this setup:

Wait for the breakout bar....(tomorrow, may be)...then put a BUY Stop or SELL stop on breakout bar....(next day)...

Thanks Aditya...NR7 set up is very good...let me guess we are going downside...

 

[uttamkamlesh]

@Aditya,
Why trading on Saturday and when?...

 

[uttamkamlesh]

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[abhi_neth]

@Aditya,
Why trading on Saturday and when?...

Kamleshbhai,

This message was received on broker terminal for Saturday trading session.

: Please note a special live trading session is been conducted by both NSE & BSE dated January 07, 2012. Market Timings are 11.00hrs to 13.05hrs

 

[myamit]

For NIFTY 4H chart does not have much significance as we have 6:15 hrs of trading... better ignore the trade....we prefer continuous charts for UMS....it can be daily...weekly...5 min 15 min 60 min...etc...

And again this 4 Hr chart seems wrong. See chart below... UMS is too far at about 4850 or so.

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