iCharts Discussions

sethu45 · White Belt Joined: 06 Aug 2009 Posts: 168

Initially I sold mini one lot and bought 12 Gunea with difference of 25. Its a leg as stipulated by MCX. now @ 180 I covered the mini and gunea. It can go even further up. Once again I will reverse the trades at around 250-300 diffrence or wait for the difference to fall below 50. Doing multiple lots in this but have to be 1:12

Rahulsharmaat · Black Belt Joined: 04 Nov 2009 Posts: 2766

I didnt see this--

quite strange--- what diff of 25 u are talking about

Gold mini rate is 30500

Gunea is almost 24400---

what diff u are talking about

please post details

sethu45 · White Belt Joined: 06 Aug 2009 Posts: 168

On 25th Oct: Gunea rate was 24876. It is for 8 grams. 24876 divide by 8 and multiply by 10= 31095, this is for 10 gram rate i.e. Goldmini rate. That time mini was quoting 31069. The difference between gunea and gold mini is plus 26. I sold mini 1 lot and bought 12 lots of gunea ( gunea nov cont and mini 5th dec cont) On friday evening this difference came to 200 rs when gold was drastically beaten. We have to enter and book profits on every 100 rs difference. This difference can go even to negative but have to average or wait. If it reaches beyond 250-300 have to reverse this strategy. But need to have lots of patience and have to be monitoring the same especially during night time when US market opens.

Rahulsharmaat · Black Belt Joined: 04 Nov 2009 Posts: 2766

yes -- this is great , for small investors

rahul321 · White Belt Joined: 17 Dec 2011 Posts: 8

Hello Rahulsharmaat,
right now jan. GoldM and Feb Gold gap is trading at 190 now.

is it recommended to take short position at 190 or wait for 200 and more.

pls bro, suggest for the position as i am waiting for your advise.

stejasmehta · White Belt Joined: 13 Feb 2012 Posts: 11

I had same query shall execute DEC & Jan trade difference is 185 ?

Rahulsharmaat · Black Belt Joined: 04 Nov 2009 Posts: 2766

not dec and january--- it should be

jan mini

feb Gold

stejasmehta · White Belt Joined: 13 Feb 2012 Posts: 11

GOT THE GREEN SIGNAL !!!!!

rahul321 · White Belt Joined: 17 Dec 2011 Posts: 8

dear Rahulsharmaat,

still waiting for your trade confirmation

Jan goldM buy and Feb Gold sell.
currently gap 190.

do you suggest to take position now.

pls tell as we are waiting for your green signal.

Rahulsharmaat · Black Belt Joined: 04 Nov 2009 Posts: 2766

you have to see that-- this diff may go to 270--280 also--

so trade accordingly

yes one can enter now

rahul321 · White Belt Joined: 17 Dec 2011 Posts: 8

hello Rahulsharmaat,

pls confirm wether you have any position right now and do you suggest to take position, as at the gap of 190 you told it can go up, i waited and now its coming down.

pls suggest something.

regards
rahul

smsmss · White Belt Joined: 13 Oct 2009 Posts: 123

can u explain in detail, its kind of confusing...

Rahulsharmaat · Black Belt Joined: 04 Nov 2009 Posts: 2766

position taken in Gold

Feb short
jan Mini long

Difference 230 points-- will add more at 270 points and more

sandew · White Belt Joined: 02 Feb 2009 Posts: 174

Rahul Sharma,

How many lots of Feb short
and
How many lots of Jan mini long

Are they in 1:1 ratio OR are they in 1:2 or any other ratio.

Is there a stop loss, and how to calculate it

Thanks

humble · White Belt Joined: 12 Nov 2012 Posts: 29

Thanks Rahul for giving us this kind of Risk free strategy !
Plz guide us & plz keep this thread alive !
Thanks a lot !