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

[uttamkamlesh]

Guys! You may take this trade tomorrow. It is well-structured Wolfe Wave.
I shall take it..................Kamlesh Uttam

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[uttamkamlesh]

Guys! This the trade i am presently in today.
Same old fundas.

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[myamit]

Guys! This the trade i am presently in today.
Same old fundas.

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hello...

could you please let me know how to draw trendline at esignal charts? Thanks.

 

[uttamkamlesh]

Guys! You may take this trade tomorrow. It is well-structured Wolfe Wave.
I shall take it..................Kamlesh Uttam

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Follow-up of the above trade:

Nifty spot has by now made a low of 4952.75.
I will be closing my trade at around 4903.

Kamlesh Uttam

 

[uttamkamlesh]

hello...

could you please let me know how to draw trendline at esignal charts? Thanks.

Hi Amit:

Open the chart on eSignal --> Print Screen by Key Board ---> Open Paint Window ---> Paste the content ----> Select the chart area ---> Cut it ----> Open new window on Paint ---> Paste the selected chart ---> Now do all the sketching at your will....and save.

 

[uttamkamlesh]

Guys! Please assume all the trades that i post here are for illustration on how to apply the techniques.

Don't open any trade unless i say so specifically in the post because for only those trades (where i suggest you to take the trade) i would able to provide the follow-up. Finally, though i am making money for myself with my analysis but please take due care of your funds yourself.

I hope you all would cooperate.

Kamlesh Uttam

 

[myamit]

Hi Amit:

Open the chart on eSignal --> Print Screen by Key Board ---> Open Paint Window ---> Paste the content ----> Select the chart area ---> Cut it ----> Open new window on Paint ---> Paste the selected chart ---> Now do all the sketching at your will....and save.

Okay. I thought there may be an easy way to draw this at esignal itself. Thank you anyway.

Regards,

 

[vinodjaiswal]

Hi Guys!....Plz save your TIME and MONEY on charting from data from MCX as any conclusion about support/resistance, candlesticks patterns or trendline, etc. would be WRONG. MCX trades for 13.5 hrs whereas international markets trade for 23.5 hrs a day.

Why? Because MCX trading follows international prices from NYMEX, COMEX, LME, etc.

Follow international charts only and don't ever pay a rupee to anybody either for software or data or trading system. That's not even needed leave being worth it.

For STOCKS best and most accurate charting facility along with all basic TA tools is available on Reuters website(for free). Suppose you want to analyze SBI click on the link:
http://in.reuters.com/finance/stocks...?symbol=SBI.NS

For COMMODITIES: Suppose you want Silver at your desktop:
http://quotes.esignal.com/esignalpr...&chart.bardensity=LOW&x=29&y=9&chart.studies=

Reuters, eSignal.com, Quote.com all are among the best data vendors in the world. Just their free service is 10-12 min delayed with real time data. Highest accuracy is what i want, which is here, no doubts.

If you want just 30 seconds delayed data for Crude Oil, Gold, Silver go to this link.
http://www.cx-portal.com/wti/oil_en.html

'Higher the TF better the profitability' so 10-12 min delay doesn't affect my trade plan. So where is the need for paying a single paisa to any vendor?

For expert technical analysis also on daily basis here are the links:
http://www.reuterstechnicals.com/cat...ls/daily-nifty
http://www.oilngold.com/ong-focus/technical/

Plz don't ask anybody for tips, check out above links and plan your trade and be self-reliant.

Also you may track my thread and start practicing TA, it's all in the books and out of secret boxes. Anyone can read and learn and trade profitably.

We don't have to discover the Wheel again and again.

Kamlesh Uttam

Hi Kamlesh valuable information you have provided. I use some chart those are free to download. They prices are in dollar. They are on real time chart. So doing any technical study on it help me to take position in local market.Can u provide your contact number so that we can share the things.

 

[uttamkamlesh]

Follow-up of the above trade:

Nifty spot has by now made a low of 4952.75.
I will be closing my trade at around 4903.

Kamlesh Uttam

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Finally, 4924.3 has been made on NIFTY Spot. Time is 2:46 PM now.
Now trail your SL order on one 15 min candle back.
Make sure that you close the positions before markets close.

Congrats! to those who made profits. I made 4999 - 4931 - 3 = 65 points per lot

Kamlesh Uttam

 

[srinivas_rao]

Hi i need tips on commodities trading.. i have already into commodities trading for gold and silver... but got huge loss in silver.. please anyone suggest me the technical analysis how to make money in commodities trading please...