iCharts Discussions

[Rahulsharmaat]

After being so long in this market, trading stocks, FO, options, Index, Commodity,,, not even a single product could made me mad,,,

Its only Mentha which did this...I dont remember single day in last 12 months, when I didnt trade mentha...It has become my life ....I am fallen in love with this product...

My trades..

1) Expiry special

2) 1 hr

3)15 min

4)3 min

5)and one more setup which has nothing to do with charts..


If and if anyone is really interested can ask me the setup


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Todays trade

Expiry special was short on next day of expiry at 843--target 823-- made 824 booked---reverse Expiry special long was at 847--target 867--

1hr: long 2 lots at 847.10--- target 857 1st lot booked-- 2nd kept for 882


15 min: long 2 lots at 837.10-- target 844--1st lot booked--2nd booked at 857

3Min: Long 2 lot at 844--- target 848---booked


Self setup: Long 2 lot at 844-- target 853--- booked


so booked total 83 points today in above mentha trade -- 2 lots still open for targets

[Rahulsharmaat]

Expiry special stop loss 10 points

1hr-- stop loss 8 points-- sometime its 9 points

15min : stop loss 7 points

3min: stop loss 4 points

Self : stop loss 8 points

[amitagg]

Hi..pls explain entry exit and TSL method - ATR / MA combo etc.[.....me new to commodities trading.....]

[PRERANGC]

dear rahul
i have been observing your style of designing set-ups for nifty futures.

my perception is that your set-up will be extremely successful in commodities mkt.

i would certainly like to get some gyan from you on set ups please.

do share the same on all five systems of mentha oil

best wishes again

[chandrujimrc]

Dear Rahul,

[Rahulsharmaat]

everything is demand and supply--- lets see how much demand is there ??

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Short mentha below 844.90-- stop loss 854.1--target 837.1

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If mentha touch 850-- Buy set up will get active again -- Buy above 863.1--
target 871.90

[power star99]

I am also interested sir

[priyaraj]

Hi Rahul..Can you please post setup details

[jitesh7]

Hi Rahul.. pls share the detail..

[sonikumar]

True. Menthoil is good to trade as it gives very good trending moves. you need to be only careful when expiry is nearing by. I have been trading menthoil for long time now using setup provided by one user here. You can refer the setup given at http://www.icharts.in/forum/intraday-trades-t4734,postorder,desc.html

I use 2 hours chart and supertrend 5,2

Enjoy Mentho

[sonikumar]

Attaching chart currently its long

[Rahulsharmaat]

without defined stop loss, and target with useless--

auto exit in this system in 4 months gave 50 points,, where as sometime auto exit was 25--30 points in loss...as per my charts. 5..2

[Rahulsharmaat]

1 hr gave 300 points in 2 lots-- which is 150 point per lot-- in last 4 months

which means 37 points per lot every month

[Rahulsharmaat]

self formula gave 300 points in same period-- where no chart is needed--

that means 75 points every month

[Rahulsharmaat]

buy mentha above 864.10--- stop loss 855.9--- target 872.9