| View previous topic :: View next topic |
| Author |
Crude Oil Trader |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
Post: #316  Posted: Mon Sep 07, 2015 1:29 pm Post subject: |
 |
|
crude oil is a buy above 3150 for target 3196/3215/3350
intra day it may still be a buy above 3120 for 3148
if falls; let is fall and do not short today
risky buts at cmp 3060 with strict 3038 stop can be had since mode is Buy.........
can change to sell later today / possible tomorrow if remains below 3040. |
|
| Back to top |
|
 |
|
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #317 Posted: Mon Sep 07, 2015 2:39 pm Post subject: |
|
|
| THANKS FOR GUIDANCE. |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #318 Posted: Tue Sep 08, 2015 9:41 am Post subject: |
|
|
| WHAT IS NEXT MOVE IN CRUDE? |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #319 Posted: Tue Sep 08, 2015 11:35 am Post subject: |
|
|
| AMBY wrote: | | WHAT IS NEXT MOVE IN CRUDE? |
crude is up on weekly and monthly timeframes..... this is a retrace
but as per we up move as I mentioned before in thread though started with 5 wave impulse did not give a clear bull like EW pattern till recent high of 3260
below cmp 2970 it can hit 2890/2850/2790...
for me it is Confirmed bear mode only below 2790. this level shall change after a week or two
intra bullish only above 3115.
so somewhat indecisive as of now..... as per system it Is sell with stop 3020 cmp. problem is |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #320 Posted: Thu Sep 10, 2015 4:38 pm Post subject: |
|
|
neither moving above 3100 or below 2880 (earlier2790)
crude going to give 200 -300 point move expected 1-2 days
I am getting bearish...... cmp 2970 confirmation below 2880
can short below 2945 and I shall add below 2920.
it me not touch then there shall be no trade. data today.
upward spike above 3020 can be tricky
I give buy sell when there is conviction which is lacking due to sideways action. hence watching.
on the whole this weekly closing below 2980 will mean bearishness next week....... |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #321 Posted: Thu Sep 10, 2015 5:52 pm Post subject: |
|
|
| CRUDE IS CONFUSING. CAN YOU SUGGEST LEVELS IN $. |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #322 Posted: Thu Sep 10, 2015 11:04 pm Post subject: |
|
|
| AMBY wrote: | | CRUDE IS CONFUSING. CAN YOU SUGGEST LEVELS IN $. |
I had mentioned 2945 is below post. it reversed from 2943. scratched.
above 2996/3020 its been bullish.
why mcx works just fine.
43-/44 support holding can hit 53/54.
today it moved in blocks of 55 - 2925/2980/3035 then 3065. failed 3090. retraced to 3035 and held stop of 55/2-3035 = 3008
cmp 3040.... can hit 3090 -3035+55
there were fibo confluence zones.....
wave count is not supporting bullish wave structure but you may be aware that even bear. wxy or double combo x eVe retracenents can give huge spikes.
a triangle formationnunderway and needs to break |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #323 Posted: Fri Sep 11, 2015 8:31 am Post subject: |
|
|
THANKS FOR CLARIFICATION IN DETAIL.
I M WATCHING CRUDE CHARTS IN $, INR FLUCTUATE MORE AND MANY TIMES CRUDE IS MANIPULATED IN INR.
 |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #324 Posted: Fri Sep 11, 2015 9:58 am Post subject: |
|
|
I AM POSTING A MAIL I HAVE RECD. :
"Crude - Wave b down started, 61.8% is at 42.56 as key level and support range and once wave b ends, wave c=a should target 54.20$ on the way up."
CAN YOU EXPLAIN TO ME?
THANKS. |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #325 Posted: Fri Sep 11, 2015 11:39 am Post subject: |
|
|
| AMBY wrote: | I AM POSTING A MAIL I HAVE RECD. :
"Crude - Wave b down started, 61.8% is at 42.56 as key level and support range and once wave b ends, wave c=a should target 54.20$ on the way up."
CAN YOU EXPLAIN TO ME?
THANKS. |
exactly what I mentioned in below post....43/44 to 53/54.......
also that uptick is not giving 5-wave bull sequences..........
retrace happens in ABC fashion A 3-B3- C5 ......variations are possible for triangle in B etc. we may be in B currently therefore.....I have also mentioned "triangle" in below wave.
bull happens in 1-2-3-4-5.....waves......
curiously your mail u have received ties up with my analysis........... |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #326 Posted: Fri Sep 11, 2015 2:05 pm Post subject: |
|
|
| THANKS FOR REPLAY, HOW TO FORWARD MAIL TO YOU? |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #327 Posted: Tue Sep 15, 2015 5:02 pm Post subject: |
|
|
CRUDE HAS FORMED TRIANGLE FORMATION ON EOD BASIS ?
ANY SUGGESTIONS? |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #328 Posted: Tue Sep 15, 2015 9:26 pm Post subject: |
|
|
| AMBY wrote: | CRUDE HAS FORMED TRIANGLE FORMATION ON EOD BASIS ?
ANY SUGGESTIONS? |
It has not broken 2880 more still 2790.... So analysis remains same..... Confirmation above 3100....aggressive buy abov 3020.....
Rigs going down.... Rate hike may NOT come.....etc etc
Triangle is formed in B wave ... C has to go up.....
All analysis is analysis only.....let some move happen |
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #329 Posted: Tue Sep 15, 2015 10:15 pm Post subject: |
|
|
| THANKS FOR CLARIFICATION. |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #330 Posted: Wed Sep 16, 2015 1:19 pm Post subject: |
|
|
| amitagg wrote: | | AMBY wrote: | CRUDE HAS FORMED TRIANGLE FORMATION ON EOD BASIS ?
ANY SUGGESTIONS? |
It has not broken 2880 more still 2790.... So analysis remains same..... Confirmation above 3100....aggressive buy abov 3020.....
Rigs going down.... Rate hike may NOT come.....etc etc
Triangle is formed in B wave ... C has to go up.....
All analysis is analysis only.....let some move happen |
High 3014.... But note that Oct is 3050...already! ( except very short tf bollinger play trade crude positional only)
Date today to support the uptrend ........ |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
