Commodities Tips Profit From It

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#91
Hi amit,

had a query. Can the same principals of technical analysis we use for equity analysis be used for commodities. Are price patterns too valid for commodity trading.

Thanks

rahul
 
#92
Hey there,

Charts are just pictures it could be of anything and everything we just need to study it. It could be a chart of oil, stocks, gold, unemployment, crime, sound or anything for that sake and the deep study is technical analysis. That means for TA you just need a valid chart with an appropriate timeframe. To answer ur question yes Technical Analysis do work for commodities and if u didn't knew that fact how were you giving those calls.

Cheers

G-unit
 
#93
inxsofme said:
Hey there,

Charts are just pictures it could be of anything and everything we just need to study it. It could be a chart of oil, stocks, gold, unemployment, crime, sound or anything for that sake and the deep study is technical analysis. That means for TA you just need a valid chart with an appropriate timeframe. To answer ur question yes Technical Analysis do work for commodities and if u didn't knew that fact how were you giving those calls.

Cheers

G-unit
Well G-Unit,

i think u have mistaken me for someone else as I have not given any calls in commodities and even in equities I am just learning TA and do not give calls. And I know TA works for commodities. MY question was do price patterns such as H&S and other such patterns are used in commodities too,

cheers

Rahul
 
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