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

[uttamkamlesh]

hi ,

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

I don't know any reports, it's purely technical trading.

 

[uttamkamlesh]

Hello Kamlesh

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

Thanks

Nothing new but on Daily TF, to catch big moves.

 

[uttamkamlesh]

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[uttamkamlesh]

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[uttamkamlesh]

NIFTY tomorrow should stabilize for the technical rally. Stay alert!

 

[prst]

NIFTY tomorrow should stabilize for the technical rally. Stay alert!

can we short this rally ?
seems like a short term rally..

 

[poortrader]

Theorem 07: EVERY CLIMAX VOLUME FALL ALMOST ALWAYS RETESTS ITSELF BEFORE RISING.

COVER YOUR SHORTS & GO LONG.........Dr. Alexander Elder


In this case Crude Retested $89 and and moved to $100.

Guys...Check this one out.

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Great work!:thumb:

But the best part of your post are the charts.
In the above chart you might have noticed that the volume in the second test of the lows are lower than the high volumes witnessed at the 'selling climax'. This acts as an additional confirmation

 

[uttamkamlesh]

can we short this rally ?
seems like a short term rally..

Not at all...
1. a technical rally is due,
2. Demark Sequence 9th day today.

Go long at today close if 4700 is defended. We should hit 4900+ within 2-3 days.

 

[uttamkamlesh]

When there is too much darkness means Dawn is near.

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

WW in 5 min charts....yesterday, today too....

 

[uttamkamlesh]

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