iCharts Discussions

[Rahulsharmaat]

let me tell u in detail

In august I traded---

one at 145-- 2nd at 185--

Covered at 60 gain one lot
Again short and covered at 50 gain
the last covered at 40 gain--- so total 150 points---2 lots

Reversed on friday at 75 Diff- today at zero diff added one more
booked in morning at Diff 90-- so gain 100 points

Total gain is 250 points in 2 lots in august--

which is 125 points per lot

Conservative traders-- every 2nd month if trade with 2 lots-- cover n re enter can make this much--which means---730 points P.A--

that means 50 % on capital

[stejasmehta]

So Rahul Ji,

What I have understood is :-

Buy Nov Gold Mini 1 lot

Sell Dec Gold 1 lot


so quantity should be equal I think because Buy Gold mini should be 10 lots that is 1000 grams then only one can sell Gold Dec 1 lot that is 1000 grams

Please correct me if i m wrong

I m learning so hope you dont mind questions

Thank You

Tejas

[Rahulsharmaat]

Mini 10 lots = gold one lot

[stejasmehta]

Rahul Ji,

Thank You for your support. So in Sep 2nd month to be traded will be Nov for Gold Mini & GOld Dec ?

Do you think same arbitrage position can be created for Gold Petal & Gold Ginni ?


Thank You

Tejas

[Rahulsharmaat]

No idea about these

[stejasmehta]

Rahul Bhai ,

Any trade done ?

Tejas Mehta

[Rahulsharmaat]

Position made on 3rd Sep

Gold short Dec
Gold Mini long Nov

Difference 200

Yesterday covered at 152---

gain 48 points

Re entry made yesterday at 175--

Net entry is now at 248 Difference --per lot

[Rahulsharmaat]

Gold Spred Re entered at 175-- booked now at 135

Net gain till now is

88 points now

again i will enter 175 plus difference

[satishboda]

Hi Rahulsharmaat
appreciate for sharing the strategy.
Please correct me if I am wrong.
In the month of July, you trade Sept GOLDM & OCT GOLD.
In the month of Aug, you trade Sept GOLDM & OCT GOLD.
In the month of Sept, you trade Nov GOLDM & DEC GOLD.
In the month of Oct, you trade Nov GOLDM & DEC GOLD.
In the month of Nov, you trade JAN GOLDM & FEB GOLD.
In the month of Dec, you trade JAN GOLDM & FEB GOLD.
Hence, the trade is (m)GOLD & (m-1)GOLDM in the month of (m-2)/(m-3) trading month.

[Rahulsharmaat]

What i know is--
last trade i did on 1st week of sep--

Nov mini

Dec gold

exited

it will go to 180 easily now-- near expiry-- around 5th Oct

will enter again --n exit around 110---


this entry was early entry--which i didnt do in last 2 years-- and it was bonus

[sivgates]

Hi Rahul,

Need Clarification

Upto October 5th We need to do trade on Novem Mini and Dec Gold.

AM I right?

Sivgates

[Rahulsharmaat]

up to november 5th till mini expires


--------------------------------------------------------------------------------------

note that gold expires every 2 month-- n mini every month

we dont trade when both expiry are in same month

example--

Oct-- both will expire

Bonus : so in september after mini expired-- take postion in Nov mini and dec gold-- Diff should be 200---

Book position when u see 135--140 diff

1} again make position when diff is 185-- add more at 210-- n 240--270 if u get

exit this around 110--

2} when diff gets to 90-- enter-- short gold mini and buy gold-- add more when u see 60--50-- and exit at 140 plus


================================================

In sep one day before mini expiry for 2 min in morning while opening diff was zero--this is life time oppertunity--- i added multiple lots-- in within next 15 min diff was again 90-- so booked-- it went up to 140

[satishboda]

Thanks, Rahulsharmaat.
usually what is the range that the difference oscillates during the month. From the thread, I could make out the lowest being 0 and the highest being 270. It seems the mean is 140 - 150. What is the highest difference have you come across.

[Rahulsharmaat]

its between 60 to 200

in last 2 years first time i traded at Zero diff

n almost 2 years back i traded at 275 also


just 2 events-- in last 2 years

else its 60--200

[Rahulsharmaat]

Dec gold Buy

Nov Gold mini short

at 125 difference booked at 180--- so gain booked 55 points

================================================

Dec gold short
Nov mini Long

At diff 187-- on friday


now trading at 170