how much return you expect from commodity market

ashwini sir,

the trend of lead ,zinc alumini are unknown.....could you please suggest me what to do...or simply stay away for some days so that the trend is known....


thank you sir

i will shortly explain the position of five base metals zink lead copper alluminium and nickel along with trend ,respective stop loses and basic detail of system used ,which you were suppose to use ,including complete details of alluminium from opening of trade to where it was actually required to be closed,some details today and some tomorrow.

in price action trading system,(three or four type of system basically used
according to risk reward required),minor difference is their in all these systems.
I will explain most popular in them.
As one of the learner was having 7 mini lots of aluminum and he till end was confused ,when to close long and go short in it
i will not give details but will give first to last step in aluminum that with what mathematical calculation one day advance stop loss was required to be calculated and how with this system till end no whipsaw came and commodity reversed from long to short.
One can use the same steps on any commodity in which he is having position-to be continued

one--up to 13th april aluminum was on short side(now open alumini end of day chart and try to under stand from your chart what i am explaining)
two---18 /19/20/21 -april were consolidation days
three ---price range was in between 107 to 108
four--optimum price was to go long on any day around 107/50 according to your satisfaction on any one of these four days
five---after that long momentum in aluminum started
six ---start locking profits(it means start moving your stop loss)
seven-- initial stop loss was two tick below low of lowest day so 107/10-10 paisa ,so it was 107/00---to be continued

one--up to 13th april aluminum was on short side(now open alumini end of day chart and try to under stand from your chart what i am explaining)
two---16 /17/18/19 -april were consolidation days
three ---price range was in between 107 to 108
four--optimum price was to go long on any day around 107/50 according to your satisfaction on any one of these four days
five---after that on 20 th April long momentum in aluminum started
six ---start locking profits(it means start moving your stop loss)
seven-- initial stop loss was two tick below low of lowest day so 107/10-10 paisa ,so it was 107/00---to be continued

on 20th april after market will close,we will see the low of its left side bar of 19th april now our stop loss will be two tick below low of 19th april which will come 107/35 minus 10 paisa so 107/25
we will use this trailing stop loss for next trading day which is 21 april

now on 21 april and 23 april price has not made any new higher high,so up to 24 april we will use 107/25 as our stop loss

now on 24 april alumni made a new high of 109/35,so once market will close,we will look at its left side bar of 23 april and will use two tick below its low which will come 107/85 minus 10 paisa=107/75
we will use 107/75 as our trailing stop loss for 25 april

now 25 and 26 april are again consolidation days,on these two days no new higher was formed,so we will continue stop loss of 107/75,for next two more days on 26 and 27 april

on 27th april price formed a new high of 110/35
so now on close of market on 27th aprill
we will see at low of its left side bar which is 108/60,so our stop loss for 28th april will be 108/50