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COPPER AND CRUDE POSITIONAL CALLS |
pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #76 Posted: Wed Jul 13, 2016 4:48 pm Post subject: |
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pavan29 wrote: | Cover 2 @ 3050...SL and reverse 8 mini lots above 3130 if target not hit |
Change target to 3060 |
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Saaduu White Belt
Joined: 21 Nov 2012 Posts: 46
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Post: #77 Posted: Wed Jul 13, 2016 6:00 pm Post subject: criteria of calls |
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hi pavan
trading crude and copper
seeing ur thread ....... u seem to change the entry and exit prices frequently
may i know the reason if u are following any SAR based system |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #78 Posted: Wed Jul 13, 2016 6:36 pm Post subject: Re: criteria of calls |
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Saaduu wrote: | hi pavan
trading crude and copper
seeing ur thread ....... u seem to change the entry and exit prices frequently
may i know the reason if u are following any SAR based system |
Yes....mine is a trailing sl system ....sometimes the entry levels will be depending on the current movement of the stock....if at some point , the volume is low, i might even enter earlier... |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #79 Posted: Thu Jul 14, 2016 9:30 am Post subject: |
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pavan29 wrote: | Cover 2 @ 3050...SL and reverse 8 mini lots above 3130 if target not hit |
What a bad luck yesterday!!!!
I had to step out after 7 pm, so I placed the above orders and left..When i saw @ 8.05 pm, 2 idiotic things happened-
1. Price hit SL and took reverse position before 8.01 pm, now I am in buy with 4 mini lots....within 30 seconds, the price fell to sell target 1 before i could cancel the order...so now I am in buy with 6 mini lots when the price was falling....how lucky is the fellow who sold me @ 3130....had to exit with a loss yesterday....lessons learnt....
Today Crude will open gap up...anything above 3050 is a buy by 11 am only
Hold on to copper sell position...yesterday the target was not achieved due to low volatility and i closed one position by intraday...carrying forward sell position from 336.1
Superb downtrend waiting for copper....lets hope it hits 331.5 |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #80 Posted: Thu Jul 14, 2016 11:03 am Post subject: |
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Buy 4 mini crude lots now above 3040.... |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #81 Posted: Thu Jul 14, 2016 11:18 am Post subject: |
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sell 1 mini copper lot @ 333.3 |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #82 Posted: Thu Jul 14, 2016 2:26 pm Post subject: |
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Sell and reverse 6 mini lots crude below 2996 |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #83 Posted: Thu Jul 14, 2016 3:15 pm Post subject: |
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pavan29 wrote: | pavan29 wrote: | Cover 2 @ 3050...SL and reverse 8 mini lots above 3130 if target not hit |
What a bad luck yesterday!!!!
I had to step out after 7 pm, so I placed the above orders and left..When i saw @ 8.05 pm, 2 idiotic things happened-
1. Price hit SL and took reverse position before 8.01 pm, now I am in buy with 4 mini lots....within 30 seconds, the price fell to sell target 1 before i could cancel the order...so now I am in buy with 6 mini lots when the price was falling....how lucky is the fellow who sold me @ 3130....had to exit with a loss yesterday....lessons learnt....
Today Crude will open gap up...anything above 3050 is a buy by 11 am only
Hold on to copper sell position...yesterday the target was not achieved due to low volatility and i closed one position by intraday...carrying forward sell position from 336.1
Superb downtrend waiting for copper....lets hope it hits 331.5 |
good candid observation.......an on top of it when the data was much better than API nos.....!
on 'inventory day' observed in past that crude rewards "profit" followers and takes out the SLs. so have limit profit orders near to price at 7.30-8 if in open position. because both near and wide SL can be hit. have to tweak the system or override somewhat on such occasions...noting wrong in that. |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #84 Posted: Thu Jul 14, 2016 3:43 pm Post subject: |
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Finally an expert comments on my post after long time....thanks Amit
Yes....previous or week before that, i kept similar sl....and it rewarded me so well in minilots...yesterdays seller @ 3130 was the culprit |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #85 Posted: Thu Jul 14, 2016 6:17 pm Post subject: |
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pavan29 wrote: | Buy 4 mini crude lots now above 3040.... |
cover 2 @3080 |
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tharanath White Belt
Joined: 04 Apr 2016 Posts: 47
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Post: #86 Posted: Thu Jul 14, 2016 6:38 pm Post subject: |
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Sir sar for copper |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #87 Posted: Thu Jul 14, 2016 6:53 pm Post subject: |
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use sterdays level |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #88 Posted: Thu Jul 14, 2016 11:39 pm Post subject: |
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I will b travelling tomorrow..holding just one coppermini |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #89 Posted: Thu Jul 14, 2016 11:46 pm Post subject: |
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crude might hit 3170 next week...uptrend started according to my system...jf anyday closes below3000 then downtrend only |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #90 Posted: Fri Jul 15, 2016 7:01 pm Post subject: |
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Opened 2 mini crude lots today @ 3036 .....will hold till target hits 3105 intraday or carry forward...might hit 3130 / 3175 next week |
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