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

[coolcorner78]

Kamleshji,

Which system you are trying to develop the EA for?

Cheers!

 

[ayush2020]

Yeah another LC. LOL, I guess they will stop their rigs when they feel it doesn't make sense anymore.

Now let me start my drilling

But, if you read people's sentiment and comments in that article they are totally bearish, like in that article people are giving targets of $1. As you know when everybody is bearish or everybody is bullish thats when prices turns around and it goes to the other side. That doesn't mean we are going to see 10$ on a pullback in the near future.

Actually at these prices it makes a total business sense for other countries to import NG (stop production locally) where prices are high including India. I remember in 2008 when Crude dropped 34$, (NG is a different case) when one could fill their bath tubs with crude and made money after few months :rofl:

yes it is true bro... u remind of silver... when it was near 65k-70k thn the market talk was it will reach 1lakh very soon.. but the way it came down all knows very welll...
now in NG also all r bearish yes it may take the U turn very soon i hope...

SG sir and others one doubt i m having ..yesterday in crude inventory it came in negative zone.. expected 2.9 but it came actual -3.4.

so normally it should go up.. but it came down after inventory ... why is it so ??

 

[Relativity]

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:thumb:

 

[uttamkamlesh]

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[uttamkamlesh]

Kamleshji,

Which system you are trying to develop the EA for?

Cheers!

Uttam's Pencil Diary & Calculator System (UPDC System)

 

[ayush2020]

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good trade..... thanx dear

 

[parasu47]

I have Shorted Silverm 1 lot @ 53000 and 1 @ 53750 (of FEB, 2012). Can anybody guide me how to come out of this trade with little or no loss.

 

[SavantGarde]

I don't know, if you have what it takes to wait... because on Monday, when MCX opens will be very painful for your position.....but eventually Silver should retrace atleast to 30.96 (International)

SG

I have Shorted Silverm 1 lot @ 53000 and 1 @ 53750 (of FEB, 2012). Can anybody guide me how to come out of this trade with little or no loss.

 

[avad]

http://www.traderji.com/day-trading/34314-consistent-profits-using-trendlines.html

a good toic

 

[SavantGarde]

Now that it is almost at the Low of the Day...Look at going Long around 55180 on the April Contract....

Please disregard the above if you have already booked loss in your position...!!!

SG

I have Shorted Silverm 1 lot @ 53000 and 1 @ 53750 (of FEB, 2012). Can anybody guide me how to come out of this trade with little or no loss.