trade commodities in a simple way

G

gurmy.

Well-Known Member
#33
#33
friends,
bringing this thread back to life
done some modification to this system
i will be trading copper and lead,both mini for 1 month as trial
here strategy for copper is intraday,and for lead it is swing trading
rules for copper:
1:buy as soon as price crosses high of pr two days,intraday
2:target is rs 4,or exit at close same day
3 sl is,lowest of pr two days or rs 4,which ever earlier
4:no sell position in this strategy
5:trade with 3 lots
6:if "BUY signal" comes continue on 3rd day,do not trade on 3rd day,probability is more of a pull back
thanks
 
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G

gurmy.

Well-Known Member
#35
#35
for lead the rules are:

ENTRY:enter as soon as price crosses pr two days high/low intraday

EXIT:if long ,exit as price crosses low of pr two days,(do opposit for short)

ADD:add 1 lot,if price furthur crosses two days high (in long),in comming days
(repeat same to add another lot)

EXIT (added lot):exit added lots,as soon price crosses,pr day low(for long)
(do opposit for "short")
NOTE: if long is open,and if same day price closes below pr day close,close position same day
(do opposit for "short")
thanks
 
G

gurmy.

Well-Known Member
#37
#37
update on copper call

entered long @446.5 ,3 lot mini

exit @ 446.6,close price was 448.70

profit 2.1*3=6.3

for today BUY will be above 450.4

**target missed by just 0.10p. made a high of 450.40

thanks
 
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