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[amitagg]

[amitagg]

Gold - Buy 29550 target 29750 if target not hit first
CMP 29640
Stop 29350
Profit / loss potential : Rs 20000 each per lot
5 April contract
( no revision required due to price action since stop would go first if trade wrong) ( may use 30 filter for exit)

Aluminium cmp 126 buy only above 127.25 target 133 stop 123.5 ( based on feb levels)
profit / loss potential : Rs 30000/20000 respectively per lot
( trade multiple lots)
( would update earlier targets if price action reverses)
( carry to future contracts or enter equivalent March)

Enter and forget ( place system stop)

Strike rate : 2:1
R:R 1: 1 or sometimes 1.5:1
Return expectation.... Just trade and watch......percent per month


Good bye!

Note : This should not be considered as a recommendation for trading since discretion element is important for successful trading and live markets necessitate adjustment by way of trading "management" strategies!

[amitagg]

GOlD target hit after entry . Rs 20000 per lot

next open trade aluminium becomes risk free (127.25-123.5) = 4 *5000 =20000 with open profit potential of Rs 7500- 30000 per lot

( note that level was 127.35 to buy and it hit 127.35 only in March contract. in below post 127.25 was posted. either ways I'm considering it open trade and actually open for me as well)

[amitagg]

how precisely the Gold high low (levels) worked yesterday with meaningful profit booking & exit

aluminum broken the shackles and on the run....trade was open yesterday as mentioned.

first / consistent profit booking 128.6-7 [ target is 133]
cmp 128.1
cost 127.25

[amitagg]

Aluminium hits first high strike rate target
cmp 128.9

7500 rs per lot ( had mentioned to trade multiple lots )

check the return on investment in gold and alum trades

good bye.

would come back after some time

[amitagg]

aluminium hits 130.4
out
132-133 not targeting since it would give a spike down and whip shorters but shall reach 132-133 still....don't want to lose the profits.

late entrants can still play long or buy the dip ( the direction is this )
actual trade is already done

[jyothil]

Sir,

Any calls?

Jyothi

[amitagg]

Ok will post

next week will have limited triggers since most commodities gave sell triggers this week ( only NG positive ) and worked

I am watching lead as well for break above 155 etc to track buy trigger camp 150 - this is only metal for me for best buy trade

NG showing bullishness but no trigger

Track also copper since it is sideways and any directional flow would trigger the system ..... Then I would post if able to

Silver gold don't trade next week except as per your intra system ( trade only short duration)

Trade consistent ..stick to few disciplines ...develop a self methodology rather than relying upon others views

This thread is not as useful for learning to trade

[amitagg]

Can sell aluminium at cmp 122.2
Target 120.7
Stop 124.15

[amitagg]

[jyothil]

Thanks for your reply

I request u pls gives as per system

G.JYOTHI

[amitagg]

Silver can be bought above 41500 target 41740/41970 ( cmp 41350)
Zinc above 187 target 190.5 ( cmp 183.75)
Aluminium above 126.8 ( cmp 125.5) target 128.6
Keep RR 1:1 and not more than 1.5:1
Use mega lots all march as of date excep silver 5 may

[amitagg]

silver triggered at 41500 as per previous post and revised target pending 41800/41940 stop 41200

Alum revised level buy 127 target 128.3
Zinc revised level buy above 188 target 191

[amitagg]

[amitagg]

Copper is about to have a bullish breakout above 374
Cmp 371.9

Zinc and lead already had broken out

Watch copper !

Turn of trends can be very profitable but one should be careful not to "anticipate" or " play the hinges"