iCharts Discussions

gopal_1438 · White Belt Joined: 24 Feb 2013 Posts: 223

Sorry guys for becoming too early to predict....but why st not turned positive...i don't understood & price also gone to 113.5 & reversed

rohan.sharma · Yellow Belt Joined: 16 Oct 2012 Posts: 856

mohitshukla2021 · White Belt Joined: 14 Feb 2012 Posts: 275

All Base metals and Crude ...long now...
Rupee seems to be holding this level ...it may start its downside move towards 66-67 again ...

rohan.sharma · Yellow Belt Joined: 16 Oct 2012 Posts: 856

Metals yet to give confirmation.. will wait for todays high to get broken for longs in them...

no position in metals for me as of now... Neutral

mani200606 · White Belt Joined: 25 Jun 2011 Posts: 73

Need expert advice (rohan , naturalgas)

when first candle give buy or sell signal.........

1. wait for high or low to be taken out of first candle
2. wait for closing of 2nd candle to close above the pre. candle closing
3. wait for closing of 2nd candle to close above the pre. candle high

I m using first one..........

rohan.sharma · Yellow Belt Joined: 16 Oct 2012 Posts: 856

mani200606 · White Belt Joined: 25 Jun 2011 Posts: 73

Thanks for u advise...........

Rebel · White Belt Joined: 04 Sep 2013 Posts: 387

Thanks for the link bro.

vinothns · White Belt Joined: 19 Sep 2011 Posts: 15

Hello roshan
Help me brother.... I am stuck badly in commodities.... ... Now having just 25k to survive.... I have seen your strategy its looking well.... I like to try in mini lots just with Alumini.... But got confused.....
I am clear about EMA 40, supertrend, etc But i like to know when to take positions... Please elobrate for me once.....

rohan.sharma · Yellow Belt Joined: 16 Oct 2012 Posts: 856

Mohit buddy all shorts triggered today..

rohan.sharma · Yellow Belt Joined: 16 Oct 2012 Posts: 856

This strategy has only Buy and Sell. No initial SL method incorporated. Simply if Super Trend Shows Buy (i.e. displays Red color), then BUY. If it shows Sell (i.e. displays Green Color), then SELL.

BUY SIGNAL:
Buy when price moves above Super-Trend (i.e. shows Red color). If you want, take double confirmation with EMA(64) above the prices on 30 min charts.
SELL SIGNAL:
Sell when price moves below Super-Trend (i.e. shows Green color). If you want take double confirmation with EMA(64)below the prices on 30 min charts.

Profit Booking
I usually trade2 lots book 1 lot @ .30 paisa profit and carry other lot till iget reversal..

Regards,

Rohan.

rohan.sharma · Yellow Belt Joined: 16 Oct 2012 Posts: 856

Other note

When you are long and next it gaps down, wait for the low of first 30 minx candle to get broken and vice versa for shorts.

mohitshukla2021 · White Belt Joined: 14 Feb 2012 Posts: 275

Thanks Rohan,

I reversed my crude short and I m short in metals too....went long in metals little early...but reversed the trade with small loss.

Mohit

vinothns · White Belt Joined: 19 Sep 2011 Posts: 15

Thanks rohan will try to recover my loss slowly using this system....... Thank you......

mohitshukla2021 · White Belt Joined: 14 Feb 2012 Posts: 275

Dear Vinothns ,

Do nt loose heart , u can recover everything only if u continue....consistency is bigger virtue than intelligence.....

Now as you said ..u r left only with 25K ,it is better u trade with only one lot of Mini ....Both Aluminium and Zinc are good....Zinc is little bit fast mover then Aluminium....u can choose either of them and can continue with other doing paper trade....

DO NOT OVERTRADE...

Best of Luck .....I hav also lost a lot of money and many years....u r nt alone artist