View previous topic :: View next topic |
Author |
Crude Oil Trader |
Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
|
Post: #286 Posted: Tue Aug 04, 2015 6:28 am Post subject: |
|
|
Way back when crude was 5900 I wrote that crude will see below 3000..only strategy is sell sell n sell..It went sub 2700.
Same I indicated near 4000...start short again..
At 3400 I wrote...band baaja barat starting for crude. Will see new lows..short short n shott. It's 2900 make new lows soon. ..n then a journey to 4500..4800 |
|
Back to top |
|
|
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #287 Posted: Tue Aug 04, 2015 10:30 am Post subject: |
|
|
Thanks . U have been dead right. Shall follow on the upside once the lows are established....at or below or above 2650-2750.... |
|
Back to top |
|
|
abhinav238 White Belt
Joined: 15 Feb 2015 Posts: 7
|
Post: #288 Posted: Wed Aug 05, 2015 11:31 pm Post subject: Bullish |
|
|
Crude Might Rebound from $44.50 for $51-52.... |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #289 Posted: Thu Aug 06, 2015 11:39 am Post subject: Re: Bullish |
|
|
abhinav238 wrote: | Crude Might Rebound from $44.50 for $51-52.... |
yeah thanks.
Only thing is there shall we whipsaws because many would think a bottom and buy at various levels ....so have to Trade WITHOUT SLs' and meagre position sizing IF "predicting" the movement.......strange but true.
its never so simple.....yes one should have a view and then trade that...whenever systems signal to support that view. |
|
Back to top |
|
|
AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
|
Post: #290 Posted: Thu Aug 06, 2015 6:19 pm Post subject: CRUDE LOW |
|
|
I AM EXPECTING CRUDE TO TEST THE BOTTOM THEN BOUNCE IS EXPECTED. CRUDE LOW WAS $42.40 ON 17/03/2015 , |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #291 Posted: Thu Aug 06, 2015 6:31 pm Post subject: |
|
|
Thanks
I am unsure what's it's going to do..... Since move at bottom can be tricky |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #292 Posted: Thu Aug 06, 2015 7:15 pm Post subject: Re: CRUDE LOW |
|
|
AMBY wrote: | I AM EXPECTING CRUDE TO TEST THE BOTTOM THEN BOUNCE IS EXPECTED. CRUDE LOW WAS $42.40 ON 17/03/2015 , |
I think it would hit 40 or close to it.........and may be down !! ( spikes of 100 points can happen intermittently)
CMP 2850
Lower to 2650
Volatility shall increase |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #293 Posted: Sun Aug 09, 2015 7:45 pm Post subject: |
|
|
Maintain shorts .
2750 -55 is multiple support zone ( but only for intra day) on first 2 touches with 20 Point SL tg 2786/2805
Cmp 2824
2786 first target
Being low on trajectory , a reversal can come anytime..... I would still not expect it this week . |
|
Back to top |
|
|
Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
|
Post: #294 Posted: Sun Aug 09, 2015 11:22 pm Post subject: |
|
|
band baja barat in crude
3950 to 2800 already
wait n watch |
|
Back to top |
|
|
hanu1984 White Belt
Joined: 24 May 2014 Posts: 22
|
Post: #295 Posted: Mon Aug 10, 2015 1:15 am Post subject: Options |
|
|
Rahulsharmaat wrote: | band baja barat in crude
3950 to 2800 already
wait n watch |
Dear rahulji,
Please give stock options also. |
|
Back to top |
|
|
Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
|
Post: #296 Posted: Mon Aug 10, 2015 9:52 am Post subject: |
|
|
i will try my best |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #297 Posted: Tue Aug 11, 2015 6:07 pm Post subject: |
|
|
[quote="amitagg"]Maintain shorts .
2750 -55 is multiple support zone ( but only for intra day) on first 2 touches with 20 Point SL tg 2786/2805
Cmp 2824
2786 first target
Being low on trajectory , a reversal can come anytime..... I would still not expect it this week
2786 was hit on opening yesterday
Last edited by amitagg on Tue Aug 11, 2015 6:18 pm; edited 2 times in total |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #298 Posted: Tue Aug 11, 2015 6:14 pm Post subject: |
|
|
Move from 2777 to 2913 is classic ABC wave and not wave 1 if one considers low as 2777
Unless a double zigzag , 2913 it should not be breached before 2750
So an if inserted like with most EW analysis
Rise to 2855-2860 can be shorted .....
If closes above 2870 today shorts to be exited
Res 2890-2899
Support 2797-2815
Cmp 2830
Point is low is "not yet" formed yet "irrespective " of whether it breaches 2913 up to give one shock for shorters at 461 percent retrace of wave a from 2777
As said above 2755 May be for Sep contract is likely target cmp 2900 |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #299 Posted: Tue Aug 11, 2015 6:52 pm Post subject: |
|
|
2805 hit. no short now for rest of day |
|
Back to top |
|
|
Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
|
Post: #300 Posted: Tue Aug 11, 2015 11:02 pm Post subject: |
|
|
do we see around 2600--2400-n 2200 also on it |
|
Back to top |
|
|
|