iCharts Discussions

[Rahulsharmaat]

see day high--day low made till 7 pm----

place above day high for buy call

place sell below day low--

stop loss 22 points-- target 30 points and 70 points

Trade in 2 lots---

Dont use any TSL

[Rahulsharmaat]

crude high was 3104-- call active at 3105--- and hit 3137----

first lot booked at 3135---- tsl cost at cost

[chandrujimrc]

Dear Rahul,

Same set up can be used after 3.00pm also. Some days we will get two trades also.

[vinay28]

Though I don't trade in commodities, I am excited by this and would have plunged in it if I had interest and could take delivery for long term investment.

[Rahulsharmaat]

you are right-- but problem in longs is--every month roll over is 60 point to 90-100 points --when it trades at lower range-- which is now--

so even we hold for 12 months-- the real cost is almost 800--900 points above buy rate-=due to roll over ..

[Rahulsharmaat]

buy crude at 3070-- and hold

[amitagg]

Both 3.00 pm and 7 pm set up hit Sls today

Shall update Rahuls 7 pm set up with points gained / lost for a month ( brokerage excluded to be calculated after a month)

Current status for 1 lot ( total points) : 30- 44 =-14 (2) where two is no of trades ( gain posted positive and loss posted negative)

[chandrujimrc]

Dear amitagg,

As per 3.00 pm lvls tgt over and waiting for 7.00 pm tgt.

[chandrujimrc]

7.00pm tgt also hit.

[amitagg]

[Rahulsharmaat]

Hope u all enjoying

[Rahulsharmaat]

Again o say,,its thoko thoko,,sell sell item

No longs,,band bajegi iski,,from 5200 I am shouting,,,

[Rebel]

[Rahulsharmaat]

Long at 3070, booked next day opening at 3110,,,,it was just a buy in dip call

[Rebel]

thank you for clarifying,what i have noticed is when supertrend 5 mins & 15 mins are in buy/sell it trends in one direction when both contradict then its rangebound at that i use stochastics 34 for entry&exit along with supertrend pull back.alternatively i use CCI,84 and 20 to identify for trend.