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

[uttamkamlesh]

Dear Uttam Kamlesh Sir,

This is an amazing thread with lots of learning opportunities. I do not know much about about technical analysis but I will learn before entering into markets. On previous instances I have lost money only.
This time I shall learn about commodities markets and participate in the market. There is lot to learn from your thread. Do keep posting learning articles about technical analysis and commodities trading.

I have 2 queries:
Are there any sites which offer dummy commodities trading opportunities.
Can u suggest brokers which charge lower brokerages.

Thanking You for amazing contribution.

Check out
http://www.traderji.com/commodities...ties-gold-silver-crude-oil-natural-gas-9.html

.............Post number 88....

I would suggest you go through all the posts in this thread. Many requisites are already there.

Before trading live triple your money thrice in a row on Demo Account.


Kamlesh Uttam

 

[KID_of_MARKET]

If you want to invest in Gold for few years then $1700 is the right price.
I am going to invest. I shall inform the day. I am waiting for time correction.

Gold is not a bubble. It is duly supported by central banks.

Sir, How $1700 is right price ?? Plz elborate

I think It is 50% retracement of last upswing.(1477-1921)

 

[calic]

MY TRADE OF THE YEAR - 02

Hi Guys!....Enjoy the chart.

Note the Reasons of Entry (as usual):

(a) Bearish Trendline
(b) LH-LL

Uploaded with ImageShack.us

Kamlesh Uttam

Sir
Where can I get these charts?

 

[uttamkamlesh]

Sir, How $1700 is right price ?? Plz elborate

I think It is 50% retracement of last upswing.(1477-1921)

Yup!..Price has immediately retraced from 1703.1 once already.

 

[mdrafi67]

rules: always draw both lines: One on closing basis at lh another with the peak point at lh.


kamlesh uttam

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hi sir,
thank u for ur wonderful posts...............i would like to know how do u write in side the chart ur comments before posting ...i'm using mt5 right now................pls share this................thank u very much....................

 

[uttamkamlesh]

----------------------------------------------------------------------
hi sir,
thank u for ur wonderful posts...............i would like to know how do u write in side the chart ur comments before posting ...i'm using mt5 right now................pls share this................thank u very much....................

I am using MT4.
There are tool buttons for that as [A] and [T] just below [New Order].

By the way from where you got MT5?....which broker sends data on it.

Kamlesh Uttam

 

[mdrafi67]

I am using MT4.
There are tool buttons for that as [A] and [T] just below [New Order].

By the way from where you got MT5?....which broker sends data on it.

Kamlesh Uttam

--------------------------------------------------------------------
HI,
thank u very much yes i got it................right now i'm using BROCO TRADER 5............... u can just have a look at it............
cheers!!!!!!!!!!!!!!!!!!!!1:thumb:

 

[ashwani chadha]

rules: always draw both lines: One on closing basis at lh another with the peak point at lh.


kamlesh uttam

thanks for this use full chart

 

[ashwani chadha]

hi amit!

No! You are not missing anything. This trade was not as per the system.

1. I was trading the news. Rbi came as per market expectation.
There was nothing for the market to explode to the upside due to hawkish commentary. So limited upside.

2. It was friday's second half and last hour. traders rarely take home long positions on holidays at least in these volatile times.

3.(((( i had sl just above resistance at 5136 and shorted at 5129. Risk was in total 7+3(brokerage). So reward/risk ratio made it attractive.)))))


kamlesh uttam

i appreciate for one of the perfect risk reward technique you applied!!!!

 

[uttamkamlesh]

Sir
Where can I get these charts?

Please read all the posts of this thread.
It's already been discussed.