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amitagg
Black Belt
Joined: 01 Oct 2013
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Post: #271  Posted: Thu Jul 23, 2015 10:55 pm Post subject: |
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gap down possible
cmp 3105
target 3060 2997 stop 3210 |
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amitagg
Black Belt
Joined: 01 Oct 2013
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| Post: #272 Posted: Thu Jul 23, 2015 10:59 pm Post subject: |
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| amitagg wrote: | gap down possible
cmp 3105
target 3060 2997 stop 3210 |
one possibility is Intl markets may hit 3000/3060 equi overnight and rise to 3110-3140 in morning open ist
no long just short till 3230 clears
I woild be a buyer at 2997-3030 intra day only
a reversal from here is unexpected. cmp 3105 |
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amitagg
Black Belt
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Posts: 4559
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| Post: #273 Posted: Thu Jul 23, 2015 11:15 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | gap down possible
cmp 3105
target 3060 2997 stop 3210 |
one possibility is Intl markets may hit 3000/3060 equi overnight and rise to 3110-3140 in morning open ist
no long just short till 3230 clears
I woild be a buyer at 2997-3030 intra day only
a reversal from here is unexpected. cmp 3105 |
Should touch 47.5 tomorrow cmp 48.35 |
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manojkr78
Green Belt
Joined: 07 Mar 2011
Posts: 1014
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| Post: #274 Posted: Fri Jul 24, 2015 2:40 pm Post subject: |
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| thanks amit.... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #275 Posted: Fri Jul 24, 2015 6:30 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | gap down possible
cmp 3105
target 3060 2997 stop 3210 |
one possibility is Intl markets may hit 3000/3060 equi overnight and rise to 3110-3140 in morning open ist
no long just short till 3230 clears
I woild be a buyer at 2997-3030 intra day only
a reversal from here is unexpected. cmp 3105 |
Should touch 47.5 tomorrow cmp 48.35 |
intra chart again does not give a long picture x wave going up stop 3210
only if closes at 3170-3190 can bearishness be neGated |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #276 Posted: Fri Jul 24, 2015 7:34 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | | amitagg wrote: | gap down possible
cmp 3105
target 3060 2997 stop 3210 |
one possibility is Intl markets may hit 3000/3060 equi overnight and rise to 3110-3140 in morning open ist
no long just short till 3230 clears
I woild be a buyer at 2997-3030 intra day only
a reversal from here is unexpected. cmp 3105 |
Should touch 47.5 tomorrow cmp 48.35 |
intra chart again does not give a long picture x wave going up stop 3210
only if closes at 3170-3190 can bearishness be neGated |
See the x wave at time of previous post at then price of 3150 has fallen to 3120
Yesterday's low can break or be held but bullishness not there TODAY |
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amitagg
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| Post: #277 Posted: Fri Jul 24, 2015 8:44 pm Post subject: |
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Hit 3094 ...... Intra chart tomorrow will show it wants to wriggle out some shorts or want to continue the dos move
Low 3094....... More room on downside but crude as usual can give e spikes
A ladder formation bearish going on for some time...... We should be conservative at 3000-3060. |
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amitagg
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Posts: 4559
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| Post: #278 Posted: Wed Jul 29, 2015 10:31 pm Post subject: |
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has reversed as mentioned from Below posts levels. intra buys at 3000-3030-3060 levels have worked on both days. high today 3177.
3155 cmp is consol region.
no weeknesd until below 3110.
tomorrow needs to be above 3190 to show strength
rise is not a 5 wave bullish impulse
but systems have triggered buy
so have to be traded intra in buy mode
let's see how closed today to get some levels |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #279 Posted: Thu Jul 30, 2015 10:15 pm Post subject: |
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| amitagg wrote: | has reversed as mentioned from Below posts levels. intra buys at 3000-3030-3060 levels have worked on both days. high today 3177.
3155 cmp is consol region.
no weeknesd until below 3110.
tomorrow needs to be above 3190 to show strength
rise is not a 5 wave bullish impulse
but systems have triggered buy
so have to be traded intra in buy mode
let's see how closed today to get some levels |
Have remained within 3110 and 3190 levels today and hence no direction . |
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manojkr78
Green Belt
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Posts: 1014
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| Post: #280 Posted: Thu Jul 30, 2015 11:40 pm Post subject: |
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| thanks amit |
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Amitsh27
White Belt
Joined: 20 Dec 2012
Posts: 47
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| Post: #281 Posted: Fri Jul 31, 2015 9:38 am Post subject: |
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| amitagg wrote: | Hit 3094 ...... Intra chart tomorrow will show it wants to wriggle out some shorts or want to continue the dos move
Low 3094....... More room on downside but crude as usual can give e spikes
A ladder formation bearish going on for some time...... We should be conservative at 3000-3060. |
Hi Amit,
are you using EMA 64 & ST 8,2 or something else? Pl enlighten...thanks ...good going !
Regards
(also) Amit |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #282 Posted: Fri Jul 31, 2015 1:06 pm Post subject: |
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Yes using that for trend
But that is one part - it is culmination of all technicals for deciding trade entry exit and position sizing
So cant say mimicking the method or keeping up with profit or loss of the method but overall things work automatically In crude and hence the title of the post |
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Amitsh27
White Belt
Joined: 20 Dec 2012
Posts: 47
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| Post: #283 Posted: Fri Jul 31, 2015 1:38 pm Post subject: |
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| amitagg wrote: | Yes using that for trend
But that is one part - it is culmination of all technicals for deciding trade entry exit and position sizing
So cant say mimicking the method or keeping up with profit or loss of the method but overall things work automatically In crude and hence the title of the post |
Hi,
Pl answer me straight how you trading sir ? if possible, pl post chart for your today's trading explaining entry/exit...it will be beneficial for me...thanks in advance.
Rgds
Amit |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #284 Posted: Fri Jul 31, 2015 3:46 pm Post subject: |
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| Amitsh27 wrote: | | amitagg wrote: | Yes using that for trend
But that is one part - it is culmination of all technicals for deciding trade entry exit and position sizing
So cant say mimicking the method or keeping up with profit or loss of the method but overall things work automatically In crude and hence the title of the post |
Hi,
Pl answer me straight how you trading sir ? if possible, pl post chart for your today's trading explaining entry/exit...it will be beneficial for me...thanks in advance.
Rgds
Amit |
have mentioned in earlier one of the posts,
- EW (not for entry exit but for understanding direction and strength of move)
- GAAN
- Channel
- Fibo
- Harmonics
- Rohan's method
- Pivots
- trendlines
- 4-6 other self made systems
all......... since I am not a good trader (true otherwise would have scaled up rapidly).....so need all.
and not to underestimate at all, just price reading....if u read all posts with the intra charts that were there when posted u shall reaslise......what it means. I don't know more....nor post charts.... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #285 Posted: Fri Jul 31, 2015 3:59 pm Post subject: |
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| amitagg wrote: | | Amitsh27 wrote: | | amitagg wrote: | Yes using that for trend
But that is one part - it is culmination of all technicals for deciding trade entry exit and position sizing
So cant say mimicking the method or keeping up with profit or loss of the method but overall things work automatically In crude and hence the title of the post |
Hi,
Pl answer me straight how you trading sir ? if possible, pl post chart for your today's trading explaining entry/exit...it will be beneficial for me...thanks in advance.
Rgds
Amit |
have mentioned in earlier one of the posts,
- EW (not for entry exit but for understanding direction and strength of move)
- GAAN
- Channel
- Fibo
- Harmonics
- Rohan's method
- Pivots
- trendlines
- 4-6 other self made systems
all......... since I am not a good trader (true otherwise would have scaled up rapidly).....so need all.
and not to underestimate at all, just price reading....if u read all posts with the intra charts that were there when posted u shall reaslise......what it means. I don't know more....nor post charts.... |
and since price action means so many things, which one misses because it assimilates in head,
- demand supply (not support resistance)
- candlesticks (NR etc gets covered here)
- Nymex chart
- operator / institutional /? psychology (whipsaws / pain points)
- sometimes "Timing" set-ups
- range setups
- bar closings and next day open
what to choose when, all very unsure......No method.....but watch realignment and support and confluence of various methods/ chart/ system.
count above and you shall be more unsure .......when one goes against the another....so just comfort required for trading and reasonable position sizing. Don't have to bother about losses. Sacrificed for consistency rather than masculine trading results......
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