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

Easier to Trade - Commodities or Indexes or Stocks

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timepass

timepass

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#2,291
#2,291
uttamkamlesh said:
1. Best indication for uptrend is a Higher Low and a Higher High....then we buy at the next dip when stochastic get's bullish crossover....similarly for a downtrend LH-LL...
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Simplicity personified !!! Ok, boss, also define the TF and stoch settings, so that newbies can get on with testing right away.
 
uttamkamlesh

uttamkamlesh

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#2,295
#2,295
piyush08 said:
Does it work well on intraday charts also.. ? And in other products - Gold/silver/copper etc?
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It works on all TFs but higher the TF better is the accuracy of the trade, but irony is that nearly all newbies start with 5 min 15 min etc..just because they want to risk very less.....small TFs are very prone to news/manipulation...but weekly TREND or monthly TF can digest so many things easily.

If you go through the whole thread you would see i do the same thing again and again...
 
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piyush08

Active Member
#2,297
#2,297
I am looking to buy the dip in base metals. The fall below the 20dma should be used to buy with possibly a 10 point stop expecting new highs for this uptrend in 2-3 weeks time..
 
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