Calender Spreads - Gold and Silver

[mehtaka]

Hello frnds,
I tried doing the research for gold spread. Its quite tough to play spreads and take a positional call on it, as it gives less opportunities. One may get to play in intraday basis, but to take a positional call, quite tough. One has to wait for a longer period to get the profits. Gold spreads dosent goes smooth like lead-zinc.
Since january the spread difference in which it plays is arnd 250-150.(closing basis).
mostly it can give you arnd 25-40 points in 5-7 days time.
If some one wants to play only on spreads, analysis on intraday basis rather than EOD.

 

[sumeetsj]

Hello frnds,
I tried doing the research for gold spread. Its quite tough to play spreads and take a positional call on it, as it gives less opportunities. One may get to play in intraday basis, but to take a positional call, quite tough. One has to wait for a longer period to get the profits. Gold spreads dosent goes smooth like lead-zinc.
Since january the spread difference in which it plays is arnd 250-150.(closing basis).
mostly it can give you arnd 25-40 points in 5-7 days time.
If some one wants to play only on spreads, analysis on intraday basis rather than EOD.

thanks for your info,
can u please share the range of the spread if possible, as in the high and low
also how can we take a decision to enter on intraday basis ?
thanks

 

[mehtaka]

thanks for your info,
can u please share the range of the spread if possible, as in the high and low
also how can we take a decision to enter on intraday basis ?
thanks

I havnt research on intraday basis

 

[1sandeepgupta]

I opened a paper trade spread position in Gold on 15-2-2011 by

Buying gold 5apr2011 contract @ rs. 20370
Selling gold 4jun2011 contract @rs. 20604

the spread gap was 234.

After that the spread gap keep on increasing,I was in loss until 21-2-2011 but on 22-2-2011 I was in profit though the gap was increased to 319.All the rates are close prices on mcx.

Please explain.

The spread sheet is attached.

 

[sumeetsj]

I opened a paper trade spread position in Gold on 15-2-2011 by

Buying gold 5apr2011 contract @ rs. 20370
Selling gold 4jun2011 contract @rs. 20604

the spread gap was 234.

After that the spread gap keep on increasing,I was in loss until 21-2-2011 but on 22-2-2011 I was in profit though the gap was increased to 319.All the rates are close prices on mcx.

Please explain.

The spread sheet is attached.

Thanks for posting the spread gap sheet,
Please re-iterate your question

 

[1sandeepgupta]

I opened a paper trade spread position in Gold on 15-2-2011 by

Buying gold 5apr2011 contract @ rs. 20370
Selling gold 4jun2011 contract @rs. 20604

the spread gap was 234.

After that the spread gap keep on increasing,I was in loss until 21-2-2011 but on 22-2-2011 I was in profit though the gap was increased to 319.All the rates are close prices on mcx.

Please explain.

The spread sheet is attached.

I opened a bull spread on 15-2-2011 as mentioned above, the spread gap was 234 and after that it keep on increasing and I was in loss but on 22-2-2011 the gap was increased but I was in pofit.

Is it possible that even the gap is increased to a limit and after that you are in profit. Please elaborate.

 

[1sandeepgupta]

Successful spread trading in zinc and lead on paper is for the comments and questions of fellow members. First Bull spread is opened and squared off, The paper profit is 19000 then the second bear spread is opened. The spread sheet is enclosed here with.

 

[mehtaka]

I opened a paper trade spread position in Gold on 15-2-2011 by

Buying gold 5apr2011 contract @ rs. 20370
Selling gold 4jun2011 contract @rs. 20604

the spread gap was 234.

After that the spread gap keep on increasing,I was in loss until 21-2-2011 but on 22-2-2011 I was in profit though the gap was increased to 319.All the rates are close prices on mcx.

Please explain.

The spread sheet is attached.

Hello sandeep,
Is der any calculation mistake from your end, coz what i see in the sheet (which you have uploaded), you are not making profit on 22/2/2011.
Below is the calculation
You bought apr11 at 20370
You Sold june11 at 20604

So on 22/2/2011
April was at 20787
June was at 21106

Net calculation (Sell-buy)

April : 20787-20370= 417
June : 20604-21106= -502
Loss of 85 points, which also u can get it (319-234).

Hope its cleared.

 

[mehtaka]

Hello frnds,
I dont want to demotivate you all from trading spreads in gold or silver, but my suggestion would be playing for intraday rather than going for a positional call.
There are less opportunity in positional. Once a while you may get good profit, but thats again one need to know what the right spread to enter.
If some one wants to trade spread onl y, go for intraday, first thing do research in it.

Regs
Mehtaka

 

[viharpatel]

Any IDEA on Silver Spread ?

Please Share Your IDEA ON CALENDER SPREAD OF SILVER