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

[vikrit]

There is too much of approximation for points 2 and 4....Compare with the standard diagram...and trade only simple WW, i mean easily visible to many...

thanks for reply, in future will look for only simple, easily visible WW.

if possible plz tell- CAN that be a valid WW with proper 2 and 4, even for advance users???





.

 

[uttamkamlesh]

thanks for reply, in future will look for only simple, easily visible WW.

if possible plz tell- CAN that be a valid WW with proper 2 and 4, even for advance users???





.

...not at all....

 

[vikrit]

...not at all....

ok... thanx, have read manual again, will check out your charts once again but the thing is some fluctuation are always there in price, which confuse for points.

for ex this chart-

is this a valid and good WW?? (irrespective of volume condition, assuming vol is there just to understand the points)

and plz guide how to decide where to enter, as bill manual's anything in sweet zone is good. but sometimes price touch the 1-3-5 line come down/up. sometimes touch/go beyond 1-3-5, turn & start going towards target, but in next candle again start going down/up deep in sweet zone; so what to do??


.

 

[poortrader]

@ UK, is this a proper WW on silver daily charts? If yes, how do we determine risks..only based on pivots?

 

[poortrader]

Can these be constituted as good WW, invite yr comments..

 

[coolcorner78]

Copper seems to be breaking out of the flag formation, couple of closes above that flag would confirm that.

Copper did not sustain above that triangle for more than one day. Copper is back again in that consolidation range. A better buy for long term would be to buy at the lower end of triangle as RR would be better.

 

[KID_of_MARKET]

Crude 5 min ww

 

[KID_of_MARKET]

exited on big volume bar

 

[vikrit]

exited on big volume bar

..........

kid plz clarify these,

....

 

[KID_of_MARKET]

@ vikrit

I have taken the trade at point 1 you have mentioned. (hence two buy on the chart)

at second point I have taken a trade thinking that my assertion on point 5 was not proper at point 1 (volume was almost same and the price was under 1-3 line)

Taken two trades on belief that it was ww, and exited on belief that it might not be ww