mcx commodity trading

[peergsm]

u having yahooo id

 

[k.raaja]

sell crude oil below 4589 sl 4599 tgt 4582/4573 cmp 4593

 

[k.raaja]

buy crudeoil above 4599 sl 4589 tgt 4607..4615

 

[k.raaja]

both lvls buy and sell side given do trades as per lvls

 

[k.raaja]

crude buy triggered

 

[k.raaja]

u having yahooo id

k.raaja63 at ymail dot com

 

[k.raaja]

now one can enter in coper longs at cmp 450.30 lvls sl 449 tgt 451.40..452.80 +

first tgt done.. marching towards 2nd tgt now watch if sustained above 452.80 lvls then hold on for tgt 454.10 by trailing stoploses

 

[k.raaja]

DATA FOR TODAY(march 03 2011):

6:15pm EUR Minimum Bid Rate 1.00% 1.00%
6:30pm GBP MPC Member Bean Speaks
7:00pm EUR ECB Press Conference
7:00pm USD Unemployment Claims 394K 391K
7:00pm USD Revised Nonfarm Productivity q/q 2.6% 2.6%
7:00pm USD Revised Unit Labor Costs q/q -0.6% -0.6%
7:30pm USD FOMC Member Kocherlakota Speaks
8:30pm USD ISM Non-Manufacturing PMI 59.6 59.4
9:00pm USD Natural Gas Storage -89B -81B

today ngas inventorie so safe traders avoid trading in crude and ngas due to heavy volatality will arise today

 

[k.raaja]

2nd time reentry.. made high 451.20 paisa safe traders book and risk traders trail for next tgt nickel also banged the tgt hit first tgt 1305.. but we exited cost to cost.. any way it is better to exit when we are in dilema rather than taking risk... now total we have taken copper short from 450.20 lvls.. and nicekl exited cost to cost ( may consider this as one point for remaining people) and copper first time exited with 10 paisa loss and second time baaanged :clap:

i think today not much bad trades occurred.. :clap:

so todays trade history :

1. nicekl first time exited cost ---- brokerage lost
2. copper short from 450.20 to 447 lvls ( low 446.35 but covered at 447) --- 3.2 points * 1000 = 3200 ( by reducing brokerage)
3. coppre buy from 448 lvls ( some bought near 449 i think) and covred at 452 lvls ------- 4 points * 1000 = 4000

4. copper exited cost to cost once --- brokerage lost

5. crude buy call given and nickel sell call given risk players nickel short at 1305 lvls .. and for safe traders have to short below 1300 ... disclaimer: i didn't traded crude call but it made high 4605 lvls near first tgt 4607

so total 2 succesful trades with high profitability

so total is === -130 + 3200 + 4000 - 150 = 6700 gain after reducing all charges.. not bad i think

 

[k.raaja]

previous gain 9700 + 5950 = 15650 gain over 20 k investment...:clap: ( here i am taken 20 k only as investment reason, futures are traded in the means of leverage.. if you calculate risk/reward with actual capital.. it won't look even 1% gain also tilll now...

if we add some more trades then it will become 20k nearly our capital.. after that i will with draw 20k profits from my account then i will trade with 20k
again.. this is my strategy if any blunders may occur also ( becoz, always expect unexpected events in mkt that too in commodity mkts ) , i will be ready in future reason i always trade with profits by taking out actual investment..

so previous profit 15650 + todays profit 6700 = 22,350 :clap: in three days with capital of 20 k :rofl: ( even though we traded on leverage)

so may i consider 100 % return now now i am going to with draw all profited amount 22,350 and kept 20000 again.. let me check my fate in future with again same capital