nw one in ocean market

TraderRavi

low risk profile
#3
hi to all , myself kiran
plz can any 1 tell which is the best indicator and gives 99% buy and sell signals with out fail to trade copper intraday
yes price is the best indicator, gives 100% buy/sell signals without fail........:thumb:
 

MANISH_DAMANI

Well-Known Member
#6
hi to all , myself kiran
plz can any 1 tell which is the best indicator and gives 99% buy and sell signals with out fail to trade copper intraday
there is nothing 99% -100% and all is brain and money game. 1st thing to keep in mind.
For copper use or other metals -
1) Use support resistance- hrly specially.
2)see hourly chart- Mcx and Comex both.-
@ see stochastic
@identify patterns if any
@ichimoku if you know then better
@ Use Adx for direction
If dont know much then use support resistance,Trend lines etc. in simplest with stochastic
Before starting your intraday atleast check your daily chart for major trend and take in that direction whenever you see oppotunity as you seems novice.Use copper mini. if want to sell big lost then sell 4 copper mini at different places and average it so that loss can be minimized if goes wrong.

Keep close eye on international news of demand supply- China specially. In evening Us data, invenory of LME and Sanghai.
Stoploss is most important use it as per your risk appetite. In a day only 2-3 times get opportunity for trade in base metals as they follow trends.

Hope it will help you. All the best Happy trading.:):thumb:
 

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