Common Sense Trading in Commodity

Jai Bolenath,

I am going to wanna try my chance with Commodities with a new technique which I will elaborate only if its found to be profitable.Hence its a kind of experiment from my side.Please excuse me for my bad Engliz.

I have gone through most of Ashwani Sir's thread and learnt more.ST ,SAINT ,Columbus,raghavacc and all others are great bodies and I thank them for teaching.

I request all seniorz to plz guide me in case you find I am going wrong.

I will b taking my trades from Monday.I will post my trades once I take them and then once the results are out we will be evaluating them.I may go for a leave once in few days .plz bear with me.

Also plz let us not quarrrrrel anywhere in the thread.

Thank you.

My capital is 1 Lak and I trade Goldm,Silver Mic/Mini regularly.Copper Also. Crude oil for me is a dangerous guy and I trade him only when its very clear.

I think all commodities are always in uptrend in long term.hence I will sell only on good corrections and keep on buying when it gets some support and swings .Now all of you will be witnez to my fall or rise.

Jai Bolenath.

Best of Luck for your Journey :thumb::thumb:

dear,
good luck for your journey and i hope you'll use your common sense in your trading...

Lets start with Nifty.Shorted at 5048

Stop trailed to 5046.hence a risk free trade.

Gold M is having good support at 28150 to 28200 .Will be looking to a buying opportunity.

SQ off at 5033 .Pathetic behaviour.Now a dbl btm with divergence.

good gap up in GoldM and now bit of up and down.Hence decissions cannot be taken now.I will play waiting game.

Nifty has low volume. Only people like me are trading there :lol:

Shorted Goldm @28100