Unofficed - Halliday
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Price Action Trading with MCX.
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​​​​​​​​​​​Tview Idea by Amit Ghosh: Commodity Natural Gas Support and Resistance Trade - Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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​​​​​​​​​​​Our -2L loss became -10k lol. https://s3.tradingview.com/snapshots/j/jSpeCGaq.png
​​​​​​​​​​​Now 9th is expiry and options premiums is too high
​​​​​​​​​​​Tview Idea by Amit Ghosh: Commodity Copper Buy Idea - Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
​​​​​​​​​​​Tview Idea by Amit Ghosh: Commodity Crude Oil Stop and Reverse Trade - Small SL. Small Risk. High Reward

Last trade ->
https://in.tradingview.com/chart/CRUDEOIL1!/0OKihXmj-Positional-CrudeOil-Contranian-Buy-Idea/
​​​​​​​​​​​If you have large fund you are up for a delight. Sell any strike price in natural gas with high breakeven and the premium is absurdly high
​​​​​​​​​​​Close the Gold Call Options
​​​​​​​​​​​Crude position is at 1.5L profit. Even if you had taken in the morning, it went up huge
​​​​​​​​​​​Buying Natural Gas heavily. https://s3.tradingview.com/snapshots/e/EhQqnZZb.png But I think it will gap down tomorrow anga again go up
​​​​​​​​​​​I have only micro quantity everywhere. Natural gas falling before winter is like money machine. Lets catch it correctly. It always go up in winter.
​​​​​​​​​​​Natural gas is 8% up. https://s3.tradingview.com/snapshots/g/G6eUUdEf.png
​​​​​​​​​​​Naturalgas is once in a year time trade. Checkout the chart and buy it
​​​​​​​​​​​My buy price in natga is 171. I just averaged it at 166. Sitting over -1.22cr unrealized loss. Current average price is 168.5.
​​​​​​​​​​​If you have money get it like an investment
​​​​​​​​​​​Remember it is said that platinum is more precious than gold. this last year platinum dipped 50%. But see it in higher tf.
​​​​​​​​​​​Once when it goes up you can not buy it at this price ever for a long long time
​​​​​​​​​​​with -2cr pl i am taking another natga buy but this is with sl. 140sl 200tgt. 157.8 entry
​​​​​​​​​​​Tomorrow I will hedge my natga positions for rollover. Due to high IV I bet I will get 5-10 points out of the current table
Rolling Natural Gas. I have 140CE 135PE 150CE and taking them to expiry