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

[uttamkamlesh]

Dear Friends,

From today onwards i am going to place on this thread 21 calls on Daily TF on different markets as per my System/Analysis, as the time goes under the head:

UK's 21 LIVE TRADES.

I shall keep on updating Stop Loss levels etc. on Daily basis as a snapshot of ExcelSheet.

Idea: To analyse my performance on live trades after 21st trade closes.
I want to torture myself live. Later on we can conclude other things.

Disclaimer:
1. If anybody wants to trade these calls, he can do so at his/her own risk.
2. I shall not be able to discuss the whole system/analysis.

 

[uttamkamlesh]

UttamKamlesh-how many dollars should be made minimum for a profit(after brokerage) in gold,silver respectively? And there is some difference in chart of nifty in esignal and yahoo. I also went though your post where you told to convert dollars to rupees, but i have not understood it.

1. eSignal.com is best as i know.
2. Read Robert Miner's book - High Probability Trading Strategies.
3. Try Try and again Try is the only way out. I can not simplify it more.

 

[uttamkamlesh]

Sir,
I have another question,maybe it is very basic but help me as i have never traded in anything except icicibank stock.
Where can i view intraday historical charts for mininifty and banknifty? In yahoo finance there is only 1day and 5day data available.

Dear one, you have miles to go right now.
Read good text books first along with Daily TF chart analysis on various charts.

 

[uttamkamlesh]

--------------------------
how to read TF: Time Frame

It's 05 min chart , 15 min , 60 min or daily chart etc...that means each candle represents how much of time of market activity?...

 

[prst]

hi ,

do u rely solely on technical analysis for commodiities or also on some fundamental news (on some websites) ?

 

[NTrader42]

Dear Friends,

From today onwards i am going to place on this thread 21 calls on Daily TF on different markets as per my System/Analysis, as the time goes under the head:

UK's 21 LIVE TRADES.

I shall keep on updating Stop Loss levels etc. on Daily basis as a snapshot of ExcelSheet.

Idea: To analyse my performance on live trades after 21st trade closes.
I want to torture myself live. Later on we can conclude other things.

Disclaimer:
1. If anybody wants to trade these calls, he can do so at his/her own risk.
2. I shall not be able to discuss the whole system/analysis.

Hello Kamlesh

Is this a new system that you have developed for daily TF, have you discussed it previously on this thread?

Thanks

 

[abhi_neth]

Dear Friends,

From today onwards i am going to place on this thread 21 calls on Daily TF on different markets as per my System/Analysis, as the time goes under the head:

UK's 21 LIVE TRADES.

I shall keep on updating Stop Loss levels etc. on Daily basis as a snapshot of ExcelSheet.

Idea: To analyse my performance on live trades after 21st trade closes.
I want to torture myself live. Later on we can conclude other things.

Disclaimer:
1. If anybody wants to trade these calls, he can do so at his/her own risk.
2. I shall not be able to discuss the whole system/analysis.

Kamleshji, My sincere request to you is to keep this thread in the current simple format. You can open a new thread by the name of "UK's 21 live trades" where discussion on the new system can take place. It can also be sort of trading journal for your new system since you are also in testing your system.

Thx

 

[adityasaraf007]

Earlier we used to get lots of Wolfe Waves in Commodities in different TimeFrames..... But of late, I have not be able to identify any......

Am I the only one???? (I am not looking at the charts having TF smaller than 60min)....

 

[uttamkamlesh]

Kamleshji, My sincere request to you is to keep this thread in the current simple format. You can open a new thread by the name of "UK's 21 live trades" where discussion on the new system can take place. It can also be sort of trading journal for your new system since you are also in testing your system.

Thx

Ya! new thread should be a better place for this activity.

 

[uttamkamlesh]

Earlier we used to get lots of Wolfe Waves in Commodities in different TimeFrames..... But of late, I have not be able to identify any......

Am I the only one???? (I am not looking at the charts having TF smaller than 60min)....

When there is too much darkness means Dawn is near.

............Bulls have tired up. Wait and watch more closely.