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

[praveen taneja]

QUOTE=praveen taneja;667751]Tukka in perfection:thumb::thumb:

Released half at 420.50 balance holding with 418sl:clap:

covered full copper yday night around 422.75 as buyers were scattered around that level:thumb::thumb: CMP 419.50[/QUOTE]

Copper Low made 411.50 and close at 413.7

still no signal of reversal can be near 405

 

[praveen taneja]

covered full copper yday night around 422.75 as buyers were scattered around that level:thumb::thumb: CMP 419.50

Copper Low made 411.50 and close at 413.7

still no signal of reversal can be near 405[/QUOTE]

 

[ayush2020]

Copper Low made 411.50 and close at 413.7

still no signal of reversal can be near 405

[/QUOTE]

is this afl giving good result ??

 

[uttamkamlesh]

UTTAMJI, can you please check this chart ? I am little confused about this WW, is it correct or not ?

Prepare a check list for concluding a WW.

No it is not a WW.

 

[uttamkamlesh]

Raamakant,

No bullish or bearish WW in this area in SBIN.

However, the pattern conforms to Uttam's Method of Selling (UMS). It made a
LH and LL and is now ready to be shorted, with target at least up to 2050.

If that is fulfilled, perhaps we may look for a bullish WW then!

Good insight Murthy!...congrats n thanx!

 

[jaccordiss]

Guys....Check out this trade of mine.
27/06/2011 : (05 min)

Uploaded with ImageShack.us

KEEP on REPEATING THE SAME THING AGAIN and AGAIN and become a winner. Best Wishes!


Kamlesh Uttam

hi kamlesh, g8 work, new trader, trying to learn basics, in the above chart how u know its 'LL' as market as gone below 'LL' afterwards?

 

[RAAMAKANT]

Thanks for Explanation Murthyji and Uttamji.

 

[uttamkamlesh]

hi kamlesh, g8 work, new trader, trying to learn basics, in the above chart how u know its 'LL' as market as gone below 'LL' afterwards?

LL means Lower Low....that means lower low than the previous swing low...which you can see at 52000+........i hope you got it.

 

[uttamkamlesh]

Uploaded with ImageShack.us

 

[smaharshi]

Its my first try to post a chart, I think crude is following a channel nicely.

Yellow dotted line is Channel.
Purple line is Weekly BRL suggested by Uttam sir.