View previous topic :: View next topic |
Author |
Crude Oil Trader |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #121 Posted: Tue Mar 10, 2015 7:11 pm Post subject: |
|
|
amitagg wrote: | With dollar reaching peaks and Cushing inventories to rise till next month
Data points are bearish
Critically poised at 3143/3154 levels........ A 300 point move shall come from here on after 50 point 3094-3197 filters sustaining for an hour on a break.
......upside will be smoother and quicker if 3200 goes
...... Downside below 3094 shall have support decent at 3052-3075 levels below which it shall target 2988 and then 2955......
Currently in " sell" mode...... Cmp 3145
Had mentioned last week that these 3 days shall decide it......tomorrow being most critical |
sell mode working......low 3095.....still not given 'directional move'....intra is short still 3117 |
|
Back to top |
|
|
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #122 Posted: Tue Mar 10, 2015 7:28 pm Post subject: |
|
|
I am opening (risky) short at lows of 3113 and stop at 3161......target 3070
risky since Rohan needs to double confirm which is lacking currently.
for today I anticipate either a sideways move (which many would not expect)......and closing between 3090-3120 following by gap down tomorrow.......or slide tomorrow...
OR a breakdown to reach 3075 today intra.....
the beauty shall lie in breaking the massive H&S to reach 3050-3075 and then trapping all short term and positional shorts to target 3200+ and MUCH more.......OR
H&S shall work to reach 2950 pattern target. |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #123 Posted: Tue Mar 10, 2015 9:41 pm Post subject: |
|
|
amitagg wrote: | I am opening (risky) short at lows of 3113 and stop at 3161......target 3070
risky since Rohan needs to double confirm which is lacking currently.
for today I anticipate either a sideways move (which many would not expect)......and closing between 3090-3120 following by gap down tomorrow.......or slide tomorrow...
OR a breakdown to reach 3075 today intra.....
the beauty shall lie in breaking the massive H&S to reach 3050-3075 and then trapping all short term and positional shorts to target 3200+ and MUCH more.......OR
H&S shall work to reach 2950 pattern target. |
Booked only 20 points - low made 3088 since still believe won't break down today |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #124 Posted: Tue Mar 10, 2015 9:49 pm Post subject: |
|
|
amitagg wrote: | amitagg wrote: | I am opening (risky) short at lows of 3113 and stop at 3161......target 3070
risky since Rohan needs to double confirm which is lacking currently.
for today I anticipate either a sideways move (which many would not expect)......and closing between 3090-3120 following by gap down tomorrow.......or slide tomorrow...
OR a breakdown to reach 3075 today intra.....
the beauty shall lie in breaking the massive H&S to reach 3050-3075 and then trapping all short term and positional shorts to target 3200+ and MUCH more.......OR
H&S shall work to reach 2950 pattern target. |
Booked only 20 points - low made 3088 since still believe won't break down today |
No it still can........cmp 3092.... Out of trade though |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #125 Posted: Thu Mar 12, 2015 11:36 pm Post subject: |
|
|
amitagg wrote: | amitagg wrote: | amitagg wrote: | I am opening (risky) short at lows of 3113 and stop at 3161......target 3070
risky since Rohan needs to double confirm which is lacking currently.
for today I anticipate either a sideways move (which many would not expect)......and closing between 3090-3120 following by gap down tomorrow.......or slide tomorrow...
OR a breakdown to reach 3075 today intra.....
the beauty shall lie in breaking the massive H&S to reach 3050-3075 and then trapping all short term and positional shorts to target 3200+ and MUCH more.......OR
H&S shall work to reach 2950 pattern target. |
Booked only 20 points - low made 3088 since still believe won't break down today |
No it still can........cmp 3092.... Out of trade though |
2950 pattern target reached.
2850-2910 is great demand zone for buying (unless crude gets wobbly again)
Trade with SLs in place - and not to carry overnight positions heavy ever
I have just though for playing around bought one lot @ 2958 just a while back....... If a gap down shall buy one final lot (only for intra day) at below 2900.... With STRICT stop of 2840......... |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #126 Posted: Fri Mar 13, 2015 8:20 pm Post subject: |
|
|
Booked one lot at 2970 in morning and re bought at 2938 and faltered to book at 2955 and squared at cost....... And breaking Rohan at 2930 was clear intra short.........
And bought at 2905 and 2885 now and pending with stop at 2825.......
In "clear demand zone" and hence would spend 4-5 or 8-10 hours in 2850-2920 before giving up or down........ I would assume up.
A slow fall as today is though bad..... I gap down is always better and suggests bear exhaustion.
cmp 2880 |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #127 Posted: Fri Mar 13, 2015 8:35 pm Post subject: |
|
|
Lower circuit hit 2863 |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #128 Posted: Fri Mar 13, 2015 8:45 pm Post subject: |
|
|
amitagg wrote: | Booked one lot at 2970 in morning and re bought at 2938 and faltered to book at 2955 and squared at cost....... And breaking Rohan at 2930 was clear intra short.........
And bought at 2905 and 2885 now and pending with stop at 2825.......
In "clear demand zone" and hence would spend 4-5 or 8-10 hours in 2850-2920 before giving up or down........ I would assume up.
A slow fall as today is though bad..... I gap down is always better and suggests bear exhaustion.
cmp 2880 |
Stop 2820. Shall exit one lot at cost and hold other. Entered deep into demand zone. 2 lots averaged 2995 . Strict. Cmp 2870 . No adventurism contra to Rohan since better trending capture system . Can adventure against Rahul and others ........ Sometimes since very short term triggers |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #129 Posted: Fri Mar 13, 2015 11:10 pm Post subject: |
|
|
amitagg wrote: | amitagg wrote: | Booked one lot at 2970 in morning and re bought at 2938 and faltered to book at 2955 and squared at cost....... And breaking Rohan at 2930 was clear intra short.........
And bought at 2905 and 2885 now and pending with stop at 2825.......
In "clear demand zone" and hence would spend 4-5 or 8-10 hours in 2850-2920 before giving up or down........ I would assume up.
A slow fall as today is though bad..... I gap down is always better and suggests bear exhaustion.
cmp 2880 |
Stop 2820. Shall exit one lot at cost and hold other. Entered deep into demand zone. 2 lots averaged 2995 . Strict. Cmp 2870 . No adventurism contra to Rohan since better trending capture system . Can adventure against Rahul and others ........ Sometimes since very short term triggers |
exited one at cost at 2885 and now have bought back at 2855.....stop 2815 or 1 hr closing below low to be formed tomorrow.......2 lots holding @ 2880. |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #130 Posted: Fri Mar 13, 2015 11:26 pm Post subject: |
|
|
amitagg wrote: | amitagg wrote: | amitagg wrote: | Booked one lot at 2970 in morning and re bought at 2938 and faltered to book at 2955 and squared at cost....... And breaking Rohan at 2930 was clear intra short.........
And bought at 2905 and 2885 now and pending with stop at 2825.......
In "clear demand zone" and hence would spend 4-5 or 8-10 hours in 2850-2920 before giving up or down........ I would assume up.
A slow fall as today is though bad..... I gap down is always better and suggests bear exhaustion.
cmp 2880 |
Stop 2820. Shall exit one lot at cost and hold other. Entered deep into demand zone. 2 lots averaged 2995 . Strict. Cmp 2870 . No adventurism contra to Rohan since better trending capture system . Can adventure against Rahul and others ........ Sometimes since very short term triggers |
exited one at cost at 2885 and now have bought back at 2855.....stop 2815 or 1 hr closing below low to be formed tomorrow.......2 lots holding @ 2880. |
exited both just below cost....near break even.........play over.....now when system turns green tomorrow, shall buy in.......was difficult negotiating but sometimes mind goes fancy against trend.......good have managed it somehow and done away with.......2850-2900 is still holding as mentioned earlier though.....
zone is marked .....set up shall be there if R & R systems trigger a buy tomorrow...... |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #131 Posted: Thu Mar 19, 2015 4:00 pm Post subject: |
|
|
crude has discontinued bearishness as per chart....possibly. todays close shall tell.........close below 2842 April would not mean a bullish stance....close above 2900 would...... trade currently in (risky) "buy" mode , so avoided.......intra price below 2840 would cut off the buy mode.....
CMP 2878 April.....
(it is a sell for rise for most chartists over medium term).....so longs have to be as per system intra day only....when it is triggered.....for eg: above 2900 today at 6.pm would mean bull......below 2858 at 6 pm would mean bearish....etc. |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #132 Posted: Thu Mar 19, 2015 5:55 pm Post subject: |
|
|
amitagg wrote: | crude has discontinued bearishness as per chart....possibly. todays close shall tell.........close below 2842 April would not mean a bullish stance....close above 2900 would...... trade currently in (risky) "buy" mode , so avoided.......intra price below 2840 would cut off the buy mode.....
CMP 2878 April.....
(it is a sell for rise for most chartists over medium term).....so longs have to be as per system intra day only....when it is triggered.....for eg: above 2900 today at 6.pm would mean bull......below 2858 at 6 pm would mean bearish....etc. |
intra to fall more.....cmp 2853......if 2850 goes for few minutes....it can fall to 2830/2810 easily today..... |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #133 Posted: Thu Mar 19, 2015 5:58 pm Post subject: |
|
|
amitagg wrote: | amitagg wrote: | crude has discontinued bearishness as per chart....possibly. todays close shall tell.........close below 2842 April would not mean a bullish stance....close above 2900 would...... trade currently in (risky) "buy" mode , so avoided.......intra price below 2840 would cut off the buy mode.....
CMP 2878 April.....
(it is a sell for rise for most chartists over medium term).....so longs have to be as per system intra day only....when it is triggered.....for eg: above 2900 today at 6.pm would mean bull......below 2858 at 6 pm would mean bearish....etc. |
intra to fall more.....cmp 2853......if 2850 goes for few minutes....it can fall to 2830/2810 easily today..... |
I have shorted larger for till 2853 starting 2873 and booked......for me PATTERN suggests yesterdays low of 2824 shall be touched today. april series... shall short again on 2849 seeing going and 2870 not being crossed..... |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #134 Posted: Thu Mar 19, 2015 6:51 pm Post subject: |
|
|
amitagg wrote: | amitagg wrote: | amitagg wrote: | crude has discontinued bearishness as per chart....possibly. todays close shall tell.........close below 2842 April would not mean a bullish stance....close above 2900 would...... trade currently in (risky) "buy" mode , so avoided.......intra price below 2840 would cut off the buy mode.....
CMP 2878 April.....
(it is a sell for rise for most chartists over medium term).....so longs have to be as per system intra day only....when it is triggered.....for eg: above 2900 today at 6.pm would mean bull......below 2858 at 6 pm would mean bearish....etc. |
intra to fall more.....cmp 2853......if 2850 goes for few minutes....it can fall to 2830/2810 easily today..... |
I have shorted larger for till 2853 starting 2873 and booked......for me PATTERN suggests yesterdays low of 2824 shall be touched today. april series... shall short again on 2849 seeing going and 2870 not being crossed..... |
booked at 2836 again........2829 low 2830 touched |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #135 Posted: Thu Mar 19, 2015 10:59 pm Post subject: |
|
|
sold intra and holding 2850 short april
possibly today end or tomorrow low shall be broken.......and april series shall hit 2720.....as first target
cmp 2850....stop 2970 (or 2910 todays high)...depends....on intra behaviour |
|
Back to top |
|
|
|