Adi bhai, they way you are going around interpreting charts, that day is not far when every trader on TJ will seek your expertise. And. sooner than you think, you shall be called Adi da! 
Well done. Keep it up.
Well done. Keep it up.
How to trade Commodities - Gold, Silver, Crude Oil, Natural Gas
- Thread starter uttamkamlesh
- Start date
- Status
Aap toh khaali fokat ka apne ko Chane ke Jhad pe chadha rahe hain.... Have a look at Crude.... and my last post about it.... I posted the chart when Crude was at 104.75... After my post it could only make a high of 105.06.... and from there a straight Downhill Journey to 102.63 as of now.... It's a different matter that I am a Bear....
Kamlesh Sir, can this be a Tripple fan if breakout happens.
Sunil maharshi
--- Picture quality is very bad , can any one suggest what to do improve it.
Uploaded with ImageShack.us
Sunil maharshi
--- Picture quality is very bad , can any one suggest what to do improve it.
Uploaded with ImageShack.us
Last edited:
1) Change the red color to lighter shade.
2) Try to post a bigger picture (800x600 resolution or higher)
3) Don't post the whole screenshot, just the chart window. You can, of course, save the chart only as picture by right-clicking on the chart and selecting "Save as picture"
4) Try some other image hosting site such as www.imgur.com or www.tinypic.com. I mostly use imgur
2) Try to post a bigger picture (800x600 resolution or higher)
3) Don't post the whole screenshot, just the chart window. You can, of course, save the chart only as picture by right-clicking on the chart and selecting "Save as picture"
4) Try some other image hosting site such as www.imgur.com or www.tinypic.com. I mostly use imgur
Hi Kamlesh !
I keep going thru your thread regularly since last many months. Thanks for your invaluable cotribution and dedication to this thread.
I need your help for one query-
I always remain wondered with one aspect of trading in MCX while reading MT4 charts in $- that those charts are continuous (It shows Spot prices ! no?) but our trading here with monthly future contracts have expiry dates and between two expiry dates there is always a +ve price difference. Current month have price in $ x $ value in INR (e.g. $2 x 51= ~102 INR for NG) and next month is more than that (e.g. 108 NG today)
My question is how should we look at it while trading near expiry. Since the next month price anyways come closer to actual price (i.e $ x $ price in INR) within couple of days after expiry, is it that we should be cautious while buying ( going long) in this period ? I have observed especially in NG that new month price comes to actual price all the time (i.e $ x $ price in INR). shoud we try to find level to short? (but...market is not fool). am I missing any link and not able to understand this aspect? please comment.
Jayesh
I keep going thru your thread regularly since last many months. Thanks for your invaluable cotribution and dedication to this thread.
I need your help for one query-
I always remain wondered with one aspect of trading in MCX while reading MT4 charts in $- that those charts are continuous (It shows Spot prices ! no?) but our trading here with monthly future contracts have expiry dates and between two expiry dates there is always a +ve price difference. Current month have price in $ x $ value in INR (e.g. $2 x 51= ~102 INR for NG) and next month is more than that (e.g. 108 NG today)
My question is how should we look at it while trading near expiry. Since the next month price anyways come closer to actual price (i.e $ x $ price in INR) within couple of days after expiry, is it that we should be cautious while buying ( going long) in this period ? I have observed especially in NG that new month price comes to actual price all the time (i.e $ x $ price in INR). shoud we try to find level to short? (but...market is not fool). am I missing any link and not able to understand this aspect? please comment.
Jayesh
1) Change the red color to lighter shade.
2) Try to post a bigger picture (800x600 resolution or higher)
3) Don't post the whole screenshot, just the chart window. You can, of course, save the chart only as picture by right-clicking on the chart and selecting "Save as picture"
4) Try some other image hosting site such as www.imgur.com or www.tinypic.com. I mostly use imgur
2) Try to post a bigger picture (800x600 resolution or higher)
3) Don't post the whole screenshot, just the chart window. You can, of course, save the chart only as picture by right-clicking on the chart and selecting "Save as picture"
4) Try some other image hosting site such as www.imgur.com or www.tinypic.com. I mostly use imgur
Thanx a lot.
Actually, I was considering posting the Monthly Chart instead of the Weekly Chart for Infy....
And both Viceroy and McDowell Holdings have given a very good Double Bottom on Weekly/Monthly Charts..... Nice pick in terms of pattern.... But both of them are extremely illiquid....
BTW, it's time to be alert for both of them.... And, they being illiquid, if I were in your place, I would be considering exiting the positions in Viceroy around 25.... and in McDowell around 80..... McDowell should give a good retracement from there.... What's your views....
And both Viceroy and McDowell Holdings have given a very good Double Bottom on Weekly/Monthly Charts..... Nice pick in terms of pattern.... But both of them are extremely illiquid....
BTW, it's time to be alert for both of them.... And, they being illiquid, if I were in your place, I would be considering exiting the positions in Viceroy around 25.... and in McDowell around 80..... McDowell should give a good retracement from there.... What's your views....
McD should face some hurdle over here and give a good retracement..... not sure about retracement in Viceroy... Viceroy might just continue giving Upper Circuits...
Sunil Bro your chart suggesting that a close above 1660 $ this time means Big upmove:thumb::thumb:
Am I Right bro
Am I Right bro
I am loosing my money in commodities since a year but fortunately got this thread and now learning from seniors of this thread. What I have posted is my learning process by reading this thread again & again.
In fact I need advise of seniors on this chart..
Sunil maharshi
- Status
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