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

[uttamkamlesh]

Hi Uttam.. I hope you didnt mind replying to a question posed to you about the EPA line query...

Next...do explain the magic bit.. how much of a target should we expect..

Is any question pending?....Pl. quote again.

We enter with any indicator (i use Stochastics) and keep on trailing SL order (2-candles back at least) and wait for the market to near next resistance/support and tighten our stop. In this case BSL-2 (arrow down) is my target or market hitting SL.

Maximizing profits is equally important as a right entry.
I think my profit booking is also improving with time and safety margin.

All thanks to Robert Miner!...

 

[uttamkamlesh]

Guys! This is Version 1.0 of this important diagram.
Few examples already posted.

HTF => Higher Time Frame
STF => Smaller Time Frame

 

[VJAY]

Dear kamalesh,
Educomp on buy?....Now if it's ok then how can we enter ...it's @ exact point or on smaller tf's ?
Please guide how we enter when we got any of your patterns ....

 

[uttamkamlesh]

Dear kamalesh,
Educomp on buy?....Now if it's ok then how can we enter ...it's @ exact point or on smaller tf's ?
Please guide how we enter when we got any of your patterns ....

Dear Vijay....It's a SELL not a BUY.....
First Question is What's the Weekly Trend?
You Got it.....

When Weekly and Daily both TF's match we trade....
It's a bear market man....also Educomp has to fix some fundamental problems.

 

[uttamkamlesh]

Crude has made a Low of 85.04 on MT4......

 

[uttamkamlesh]

 

[NANDAMAD]

Gold is traded in troy ounce which is +31.1034 gm. Sir can you tell me what is
the silver unit traded and where to find equivalent to it. Is it the same as
31.1034 gms. pl explain.

 

[VJAY]

Dear Vijay....It's a SELL not a BUY.....
First Question is What's the Weekly Trend?
You Got it.....

When Weekly and Daily both TF's match we trade....
It's a bear market man....also Educomp has to fix some fundamental problems.

Thanks kamalesh,
So we look trades only in line with higher trend?..eg.here educomp down on weekly...but in daily now made HH & HL...so we avoid that bullish TL?so we avoid buying here.....Please throw some loght more ....

 

[adityasaraf007]

Ex-Post Analysis of WW on Copper:

Although we would have been Stopped out earlier.... But still for academic purposes... WW achieved the Target within a reasonable Time...

For someone who didn't trail his stops.... this WW made him richer by a whooping 10% in a span of just 4 days..

 

[adityasaraf007]

Update on Gold 60min Bullish WW:

BSL is still holding up... Copper Bearish WW achieved its target today.... Crude Bearish WW achieved its Target yesterday.... Bearish Sentiments have come to a pause/halt.... Stage looks set for Gold to achieve the Bullish WW Target of ~1670....

Regards