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

[murthyavr]

Worst possible reasons for taking a trade. Sorry if I'm blunt. Rather worst possible reasons for justifying continuing to be in a trade.

With this discussion, ITC has become an interesting scrip to watch!

 

[myamit]

Worst possible reasons for taking a trade. Sorry if I'm blunt. Rather worst possible reasons for justifying continuing to be in a trade.

Piyush,

I totally agree with you

Continuing in trade.. I entered in trade at 80 paisa. Now even if I wish to exit at 40 paisa ... I'm not even getting enough to pay for brokerage and other costs. Might as well continue in trade and hoping for a miracle. ;-)

Regards,

 

[myamit]

Hello Kamlesh,

See Deltacorp chart attached. Is this bullish WW and can enter in trade? Ofcourse... I'll wait for...
1. Today's volume bar should be less than y'day
2. Today's price candle should close above y'day

Uploaded with ImageShack.us

 

[ethan hunt]

DELTA CORP above chart:

Cash Vol now = 2833428 @ Rs. 72.35
Fut Vol now = 2574000 @ Rs. 72.80

Cash Vol currently (2833428) > yday cash vol (2712574) = WW fail ???

also Fut vol now > yday vol.

 

[uttamkamlesh]

Hello Kamlesh,

See Deltacorp chart attached. Is this bullish WW and can enter in trade? Ofcourse... I'll wait for...
1. Today's volume bar should be less than y'day
2. Today's price candle should close above y'day

Uploaded with ImageShack.us

No it's not WW, but yes Delta Corp is going up....lots of swing lows as support and BSL-T2....

 

[ethan hunt]

@ Uttam Kamlesh,

Kindly enlighten as to why it is not a WW

 

[MOON-moon]

@ Uttam Kamlesh,

Kindly enlighten as to why it is not a WW

can say,,, there is enough light on it, if u can go through from the start

 

[ethan hunt]

@ Uttam Kamlesh,

Kindly enlighten as to why it is not a WW

I am not as expert as the poster above.

 

[uttamkamlesh]

DELTA CORP above chart:

Cash Vol now = 2833428 @ Rs. 72.35
Fut Vol now = 2574000 @ Rs. 72.80

Cash Vol currently (2833428) > yday cash vol (2712574) = WW fail ???

also Fut vol now > yday vol.

Dear hunt you have already answered your query ....that's why i thanked your post yesterday...

1. there is no Volume confirmation
2. Give priority to Cash market chart....

 

[ethan hunt]

If vol reduction then it would have been a WW ?

Many sources as read on internet does not give importance to vol conf.

See attached nifty chart is it a WW ? Vol conf is not there i guess, still went to EPA, what am I missing here !!!

Seeking vol config would have missed entry.

@UK
expert commets invited

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