Commodity Market Trading Tips (gold, silver, crude Oil) Today
Results 1 to 3 of 3
  1. #1
    Join Date
    Mar 2013
    Location
    New Delhi, India
    Posts
    10

    Default Commodity Market Trading Tips (gold, silver, crude Oil) Today

    Today after Holi festival Commodity (MCX NCDEX) Exchange seeing at Negative side, In MCX Market whole Commodity follow bearish trend, all Base Metals looking at Negative side and in MCX main commodity which is traded mostly is Gold and Silver, both are traded bearish side, and on Tuesday Market Gold and Silver both are also in Red Side, Only COTTON seeing in Positive side at10:30 AM. CRUDE OIL Currently shows in Up and down Position but our prediction says Crude oil jump in positive side.

    BUY COTTON above 18710, TARGETS 18720, 18740, 18760 STOP LOSS 18660

    BUY CRUDE OIL above 5260 TARGETS 5265, 5270, 5275 STOP LOSS 5255
    Last edited by Jess; 04-04-2013 at 07:49 AM. Reason: Advertising

  2. #2
    Join Date
    Feb 2014
    Posts
    162
    Silver chart since the middle of 2011 till now was in a downtrend accompanied with price reformation that sellers were successful in achieving the lowest price of 18.213.Right now price is above 5-day moving Daily and H4 time frames that show an uptrend during the next candles.By formation of Morning Star( With 2 Stars) candlestick pattern on 7,10,11 and 12th days in daily time frame, there is a warning(R=S) for the first failure of sellers in achieving lower prices and formation of a bottom price for increasing of the price in this area.

    As it is obvious in the picture below, there is non-ideal AB=CD pattern between the top price of 22.173 and the bottom price of 20.589 that there is a potential for ceasing of price from D point of this pattern. Stoch indicator is in saturation sell area and divergence mode with the price chart that confirms the current bottom price and warns about ascending of price during the next candles. Generally until the price level of 20.589 is preserved, price will have the potential for reformation and ascending.
    Attached Images Attached Images  

  3. #3
    Sell crudeoil(50% qty) @ 6040 cmp(50% qty) @ 6070 on risetg: 5990, 5940sl: 6105.

Forum Sponsors

Similar Threads

  1. Replies: 0
    Last Post: 02-28-2013, 05:40 PM
  2. Trading system that works for Gold / Silver or Indian MCX market
    By radiatelabs in forum Free Forex Trading Systems
    Replies: 0
    Last Post: 01-31-2013, 03:42 PM
  3. trading spot gold and spot oil
    By General poussin in forum Free Forex Trading Systems
    Replies: 120
    Last Post: 12-03-2009, 06:52 AM
  4. Replies: 0
    Last Post: 07-28-2008, 07:51 AM
  5. Trade Crude Oil, gas, silver and strike it hard
    By fxbroker in forum Trading Systems
    Replies: 0
    Last Post: 03-17-2008, 07:05 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
"If the only tool you have is a hammer, you tend to see every problem as a nail."
Abraham Maslow