Tamil trader - signal to signal trading system - 2014 diary

[Tamil trader]

Trade Diary on 15.01.2014

Net Profit 35000 Rupees after brokerage

 

[Tamil trader]

Currently i am holding the long position from yesterday

 

[khan18]

do have any strategy for Base Metals for intra-day trade???

 

[Tamil trader]

do have any strategy for Base Metals for intra-day trade???

no. i am specially trading in crude oil only

 

[KWR]

MCX CRUDE OIL

 

[ShawnMedia]

do have any strategy for Base Metals for intra-day trade???

Trading in 1-2 commodities is a great way to start IMO. It gives you a lot more confidence in entering trades as you have watched and lived with the charts of that particular commodity for weeks if not months.. so you will have definite grip over the price action.

Being a beginner myself.. i trade in NG and Lead and have been following the charts for some weeks now and i'm more confident now. I used to trade other commodities per others calls and have had bitter experience.. once i get hang of what i do then i might venture into other stuff... thats my 2 cents...

I'm a newbie myself but would like to share my findings with you...

Good way to trade in base metals is to find the trend and trade along with the trend.

Use a charting tool like amibroker and get paid datafeed.
Look at 1 hour chart.
Look for 315 strategy in this forum.

When a particular metal is in uptrend - and the chart indicates buy signal - buy. When the metal is in uptrend and your chart shows sell - i will be cautions to short sell at that time. Will wait for another trade...

 

[Tamil trader]

Copper bought at 460.55 positionally

 

[khan18]

Trading in 1-2 commodities is a great way to start IMO. It gives you a lot more confidence in entering trades as you have watched and lived with the charts of that particular commodity for weeks if not months.. so you will have definite grip over the price action.

Being a beginner myself.. i trade in NG and Lead and have been following the charts for some weeks now and i'm more confident now. I used to trade other commodities per others calls and have had bitter experience.. once i get hang of what i do then i might venture into other stuff... thats my 2 cents...

I'm a newbie myself but would like to share my findings with you...

Good way to trade in base metals is to find the trend and trade along with the trend.

Use a charting tool like amibroker and get paid datafeed.
Look at 1 hour chart.
Look for 315 strategy in this forum.

When a particular metal is in uptrend - and the chart indicates buy signal - buy. When the metal is in uptrend and your chart shows sell - i will be cautions to short sell at that time. Will wait for another trade...

thank you.. let see how this strategy will work for me... All the best

 

[KWR]

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[Tamil trader]

Currently i am having long position in copper and crude oil from yesterday

lets see what happen today...

yesterday loss is 160000 Rupees for 20 lots in copper and 20 lots in crude oil