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

[uttamkamlesh]

Dear kamalesh,
If youexplain it (pr0poration logic) it would be nice....I checked that post but am not clear about it......

At 7:00 PM MCX made a High of 4196 in Crude.
Corresponding peak at the same time in $ is 85.07.

Now To convert $ price to Rupee i have a ratio (4196/85.07) to multiply with.

Now $86 would be equivalent to ....(4196/85.07)*86 = 4241.
Always use a filter of 3-5 points in your calculations.

 

[uttamkamlesh]

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[VJAY]

Thanks a lot kamalesh.....thanks button missing......am now searching post of how we draw trendline on Esignal chart.....

 

[uttamkamlesh]

WHEN A TRENDLINE GETS BROKEN....

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[adityasaraf007]

Looks like WW is developing on 30min Chart of Gold...

 

[uttamkamlesh]

Guys! Uttam's Method of SELLING has not given me a single loss trade since the start of this thread. Patience is the Key i think.

If you still make losses....i am sorry for you!......

 

[uttamkamlesh]

Looks like WW is developing on 30min Chart of Gold...

Yes!....Refer #387 as well.....
Draw all important Trendlines to get better picture.
Thanks to MT4.....

 

[mdrafi67]

Looks like WW is developing on 30min Chart of Gold...

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HI Mr.Aditya great effort thank u.................i think as told by Mr.kamlesh for a WW pattern to form the VOLUME at point-5 is important.......can we confirm it even before its volume is expected............think ONLY Mr.kamlesh can clarify this doubt........................once again thank u for the chart............:thumb:

 

[uttamkamlesh]

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HI Mr.Aditya great effort thank u.................i think as told by Mr.kamlesh for a WW pattern to form the VOLUME at point-5 is important.......can we confirm it even before its volume is expected............think ONLY Mr.kamlesh can clarify this doubt........................once again thank u for the chart............:thumb:

can we confirm it even before its volume is expected...........?????????//what do you mean/...

 

[mdrafi67]

can we confirm it even before its volume is expected...........?????????//what do you mean/...

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hi,
I think in order to form a WW pattern VOLUME@ PT-5 is to be observed.....can we confirm that pt-5 is going to take place without its volume...i think only 1-3-5 line can drawn but pt-5 volume cant be expected even before it happens................i'm not sure but hope to get the answer from u Mr.kamlesh. hope u got me............thank u..............cheers.....MR:thumb: