Live Trade Dairy by Live Signal and Live Trade on Crude Oil on 28.10.13 ..Part 2

TOTAL MARGIN = Rs 1,00,00 + Reserve Rs 50,000

Used Margin - Rs 80,000+

Trade Details

(Crude Oil Mcx Nov:Buy at present level cmp 6043 and on dips up to 6033 tgt 6100 sl below 5993 10/28/2013 : 1:29:42 PM)

Buy 1 Lot @ 6043
Sell 1 Lot @ 6060

Net Profit  = Rs 1700/-(Including Brok)

Total Trades - 2
Total Profit  - Rs 700 + 1700 = Rs 2400/-

Net Profit = Rs 2000 /- (Excluding Brokerage)

TOTAL MARGIN = Rs 1,00,000 + Net Profit Rs 2000

20% Profit Acheived

Live Trade Dairy by Live Signal and Live Trade on Nickel on 28.10.13 ..Part 1

TOTAL MARGIN - Rs 1 Lakh + Reserve Margin Rs 50,000
TRADE START ON 28.10.13
 MARGIN USED : Rs 10,000 +

Trade Details:
Nickel Mcx OCT:high so far is 900.40 Book profit cmp 899.3 Buy at present level cmp 893.5And on dips upto 891 tgt 907 sl below 880 10/28/2013 : 2:15:43 PM
Bought Nickel M @ 893.50
Sold Nickel M @ 900.50

Net Profit = Rs 700 (Including Brok)

TOTAL MARGIN - Rs 1 Lakh +  Profit Rs 700

Beginner's Paper Trade Dairy by Live Signal and Live Trade on LeadM on 25.10.13 ..Part 1

Effect of Economic Calender on Commodity Trading

We have taken a view of factors which affects commodity market. Hopefully it will helpful to commodity traders.

First of all we should understand that though we are trading in Indian exchanges, domestic events have a very small role to play in commodities unlike to equity markets. Data releases from United States, European countries, Major metal consumer/producers countries like China, Chiele have major role to play in commodity market.

1. Indian market takes clue from International market like NYMEX (New York Mercantile Exchange), LME (London Metal Exchange) and varies accordingly.
Demand-Supply: More is demand; there will be more price rise. There is daily, weekly inventory data release from London metal exchange.Demand supply ratio can also be changed due to events like labor strikes at important strikes, environmental issues, Geopolitical situations etc.

2. Major factor which affects the base metal prices is Jobless Data (Unemployment claims) release from US. It is an indicator which majors the number of individuals who filed for unemployment insurance with the government for the first week than in the last week. In general, higher is unemployment, bad news for base metals and dollar which is U.S. currency.

3. Next important release is GDP release. GDP (Gross Domestic Product) is a primary Gauge of any nation’s health. Good GDP numbers especially from US and other European countries leads to more risk taking and rise in commodities like base metals.

4. FOMC meeting releases: US Federal Reserve declares the information about economic health and Federal reserve interest rates time to time .It has instantaneous effect on marker, especially precious metals like Gold and Silver are major to affect.

5 Retail Sales: This report is change in the total value in the retail sales. Positive figures indicate economic growth.

6. Housing starts/New Home sales: This report is a measure of the number of new residential buildings which began construction during the previous month. It’s a leading indicator of economic health because building construction produces a wide-reaching riffle effect.

7. Crude oil inventories are released normally on Wednesday (8 Pm IST),, has instantaneous effect on crude oil prices.

8. Natural Gas inventories are released, In general every Thursday (8:30PM IST).Report has instant effect on Natural Gas prices.

Beginner's Paper Trade Dairy by Live Signal and Live Trade on NickelM on 24.10.13 ..Part 1

As Per 2 Buy Signal & 1 Signal ..booked Profit.

Beginner's Paper Trade Dairy by Live Signal and Live Trade on NIFTY FUT on 23.10.13 ..Part 3

Beginner's Paper Trade Dairy by Live Signal and Live Trade on DLF FUT on 23.10.13 ..Part 2

Live Trade on DLF Futures