trade commodities in a simple way

[gurmy.]

all commo's are in negative today........any news

yesterday all have a great runup

so today is cooling off day

:lol::lol::lol:

 

[gurmy.]

GM, friends

update on copper mini

BUY above 450.40

thanks

 

[gurmy.]

update on lead mini

long already open @ 121.75

added 1 mini @ 124.6

sl for added lot is @ 123.3

sl for other lot is @ 120.7

thanks

 

[praveen taneja]

There are some simple ways to trade in Commodity Market. They are given below -:

1. You should read about the commodity market from trading blogs or articles.

2. Check the daily Market trends, Prices and Fundamentals news from online sites.

3. Get the good knowledge from commodity E books.

4. You can start trading with small amount of money day by day. You can improve your trading experience and it will help you to become a successful commodity trader.

:clapping::clapping::clapping::clapping::clapping::clapping::thumb:

 

[ambarish123]

silvr is being kinda directionless

 

[Rajeevji]

Hi Gurmy,

Any reasons(s) for selecting copper and leaad from seven metals?

Have you done any back testing on lead which you are doing on daily bars.

regards

Rajeev

 

[gurmy.]

Hi Gurmy,

Any reasons(s) for selecting copper and leaad from seven metals?

Have you done any back testing on lead which you are doing on daily bars.

regards

Rajeev

hi rajeev,
as u can see that i am trading copper and lead with different rules

though the base idea is same,that is two days breakout

selected copper for intraday as it gives a move of 3-6 rs easily in a day

same rules are not working for every commodity

though if u check,the two days breakout works in most of the commodity

but u have to modify the rules to trade successfully

it takes a lot of time to backtest and analyze result to formulate rules

thats why i selected two commodities to test my findings for 1 months

if successful will try for other commodities

yes i have backtested the rules for copper and lead and results are satisfactory

thanks

 

[gurmy.]

GM friends,

copper update:

will buy above 448.40

sl will be 444.8

thanks

 

[gurmy.]

update on lead:

long already open @ 121.75

added 1 mini @ 124.6

sl for added lot is @ 123.4

sl for other lot is @ 123.3

add another lot above 125.15

thanks
____________

 

[gurmy.]

update on lead:

long already open @ 121.75

added 1 mini @ 124.6

sl for added lot is @ 123.6

sl for other lot is @ 123.4

add another lot above 124.9

open short below 123.4

thanks