BETTER TIME SLOTS FOR TRADING
Commodity mcx market is running from 10am to 11.30pm.
total 13-14 hrs are long time for screen based trader.
in NCDEX (indian agri market) closes at 5pm.
but most traders are trading in metals.
Bcoz METALS are truly global in nature and less confusing due to global trends & analysis.
NOW A DAYS-
MORNING MOVES MAY BE
1PM TO 1.55PM
EVENING MOVES START @5.30PM
5.30-6.30 A TREND STARTS IN MOVING COMMODITY.
6.30 TO 7.10 PM MAY BE SUDDEN REVERSAL
7.10 BUY STRONG COMMODITY
@7.30PM SUDDEN BIG MOVE POSSIBLE
7.55PM – SECOND CHANCE FOR BIG MOVE
7.55PM-8.15PM – SUDDEN REVERSAL
8.15 TO 8.30 – PROFIT BOOKING TIME
8.55- FINAL EXIT
8.55 TO9.30PM – BIG REVERSAL
REVERSAL means if silver is going up, it comes down from 1.4% to 0.7%.
if crude is going down,it comes suddenly upside.
FRIDAY EVENING – SPECIALLY VOLATILE
Monday morning- rangebound