Silver MCX Trading Diary

[ashu1234]

Shorts are favorable nearer to 16.4 which i've drawn since last 2-3 days. Covering near 16$.

 

[SaravananKS]

Entered at 36800 Long in Feb Contract for the stop Loss of 36260 :
(Positional ) Let us see What Happens

Booked Partial Profit @ 37250

Points Gained 450

 

[ashu1234]

16.400 lvl is acting as good support now. Prices have rallied on sudden rate cuts by china and euro zone easing stimulus news....On contrary dollar index is also rising.....hmm....all cant go on the same up way.......Will have to watch 16.4 lvl if it breaks today.

 

[ashu1234]

Initiated shorts at 36250.

 

[ashu1234]

Stops 16.60 above swings high on candle close....target 16.285.

 

[ashu1234]

Just as I expected...
My entry could have been better if i've waited...shorts are confirmed now.

 

[ashu1234]

And target met...but I'll wait for 16.15 as fall is steep as usual....:clap:

 

[AMAN TANEJA]

Stops 16.60 above swings high on candle close....target 16.285.

Sir,

do u trade according to chart of comex??? if yes how u get the levels in mcx for same???

Thnx in advance

 

[ashu1234]

Sir,

do u trade according to chart of comex??? if yes how u get the levels in mcx for same???

Thnx in advance

Mcx follows comex price only, its only converted using real time usdinr rates....right now usdinr is stable, so there's not much difference between comex and mcx. I prefer to trade on comex as my eyes are set for that movement, mcx is just a derivative.

 

[ashu1234]

Carrying overnight shorts....
Happy weekend guys.
:thumb: