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here am sharing one of commodity trader intraday techniques, hope it will use for your tradings also (DISCLAIMER)..
Mr.Raju, He is doing commodity intraday trading by using techniques of buy/sell signal indiactor, normally he use super trend indicator.
out of 100 signals ( 50 buy : 50 sell) he is successfully exit profit with 60-65 trading with average 1000/-to 2000/-rs profit..
And, he do average trading method for failure trade (SL hit) .. If his buy signal (crude oil) got failure means he dont exit the position, he is waiting for another buy signal in crude oil for averaging and final he makes decent profit. By this way he is escaping the loss trade 25 out of ( 35 SL Trade)
Copper sell signal came around 380.50 unfortunately went up, but he didn’t make SL and he got chance sell again at 382.50 and by using this average method he successfully exit with 379.50 made a profit of 4000/- his expected profit is 2000/- per lot trade.
see the references chart below.
Even you can do profit in between the buy signal price at 382 around with decent profit. so final can convert 3 failure trade to success trade.
Dear traders , You can share your success trading & techniques in below comment box. It will surely help for loss making customers.
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