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

[shekharinvest]

Guys! Check this out ...........NIFTY Today

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But the Nifty futures had gone in the opposite direction. To hit an SL here is not the issue.

Would it not be prudent to follow the charts for what we intends to trade. In the instant case NF instead of NS.


SHEKHAR

 

[uttamkamlesh]

Dear uttam,
Here you took nf short trade ...how you trail s/l using 5 min trf?or you stick to your inetial s/l?

Hi Vijay,....pl. visit post number 261.

Everyone who wants to know how to book profits with BRL-[LH-LL] should re-look at 261st post.

Kamlesh Uttam

 

[uttamkamlesh]

But the Nifty futures had gone in the opposite direction. To hit an SL here is not the issue.

Would it not be prudent to follow the charts for what we intends to trade. In the instant case NF instead of NS.


SHEKHAR

I find it better to assume NIFTY Spot as primary chart....Futures as secondary.....

 

[uttamkamlesh]

Kamlesh, are the prices in gci real time ie without any delay? Thanks again for all the help..

Prices in GCI MT$ are perfectly real time...no delay....for free

 

[shekharinvest]

I find it better to assume NIFTY Spot as primary chart....Futures as secondary.....

Thanks for response.

In that case how do you manage SL's.

One has to trade NF. It was in 18 pts premium yesterday and considering 10-15 pts SL on NS aprox. 30 pts isn't a too large a SL for 5 min TF.

SHEKHAR

 

[uttamkamlesh]

Guys! Check this out ...........NIFTY Today

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Guys! This is the post-martem of NIFTY Sell Yesterday.
I had sold NF at 4870 and at open itself covered at 4832.
Net Gain 38 -3 points.
Covered due to a support at 4800-4810.

 

[uttamkamlesh]

Thanks for response.

In that case how do you manage SL's.

One has to trade NF. It was in 18 pts premium yesterday and considering 10-15 pts SL on NS aprox. 30 pts isn't a too large a SL for 5 min TF.

SHEKHAR

Dear Shekhar, take decision with NS (Entry & Exit both).....and place the order in NF @market.....place SL a little wide for run away cases. If NIFTY spot holds LH then square off the trade.

You can paper trade for 10 times then you will feel comfortable with it.
This is what i am doing.....

 

[uttamkamlesh]

Guys! This is the WW which achieved target in the morning session.

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[shekharinvest]

Your BRL seems to hold yet again. :clap:

NS made a LL in the morning.

I believe it is a Sell now @ 4860 NS.

SHEKHAR

 

[uttamkamlesh]

Your BRL seems to hold yet again. :clap:

NS made a LL in the morning.

I believe it is a Sell now @ 4860 NS.

SHEKHAR

You got it Shekhar.....BRL as well as LH-LL.

Opportunity should always be just perfect. no junk Trades. Let's be Royal....
There are so many opportunities out there. Believe me.


kamlesh Uttam