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Crude Oil Trader |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #346 Posted: Mon Sep 21, 2015 9:41 am Post subject: |
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Earlier post gave extremely timely exit in longs.
Since it was corrective pattern ongoing I did not go short below pivotal breaks of 3020 -3050. Although price 2960. Cannot catch every move.... Good to be not on wrong side.....
Now back to bull bear tussle.... Shall only wait to see next trigger.... In new month contract tomorrow.....
Often there is a fall last 2 days of expiry.... Am I right! |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #347 Posted: Mon Sep 21, 2015 9:55 am Post subject: |
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YES ,BIG PLAYER MANIPULATE THE MARKET FOR ROLLOVER AND TAKE OVER WEAK POSITION. |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #348 Posted: Wed Sep 23, 2015 9:45 pm Post subject: |
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Crude is out of ichi in 4hrs. and stuck in cloud EOD. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #349 Posted: Wed Sep 23, 2015 10:16 pm Post subject: |
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AMBY wrote: | Crude is out of ichi in 4hrs. and stuck in cloud EOD. |
yes and 2919 is eod Ichi. span lower support
it is a Double Corrective underway IN B wave of and from 2600/2700. first corrective was triangle. then x wave up. then abc formation with b completed at 3135 today and minor C fall happening
cmp 3000
either complex corrective can continue or once c completes.....
larger C wave shall go up to 3350 above or Much more.....
I have spoken of 2 different C waves do don't confuse
shall check target of current minor down wave and come back.....
btw. monthly still but until 2950 goes..... and in complex corrective whopsaws possible so be careful either side. |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #350 Posted: Wed Sep 23, 2015 10:22 pm Post subject: |
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THANKS A LOT FOR QUICK RESPONSE. PUT BUY AT 2910 LOWER CIRCUIT.
I WILL TAKE CHANCE . |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #351 Posted: Thu Sep 24, 2015 5:38 pm Post subject: |
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amitagg wrote: | AMBY wrote: | Crude is out of ichi in 4hrs. and stuck in cloud EOD. |
yes and 2919 is eod Ichi. span lower support
it is a Double Corrective underway IN B wave of and from 2600/2700. first corrective was triangle. then x wave up. then abc formation with b completed at 3135 today and minor C fall happening
cmp 3000
either complex corrective can continue or once c completes.....
larger C wave shall go up to 3350 above or Much more.....
I have spoken of 2 different C waves do don't confuse
shall check target of current minor down wave and come back.....
btw. monthly still but until 2950 goes..... and in complex corrective whopsaws possible so be careful either side. |
target can be 2876/2858 and 2800......if below 2930.......
it is forming ZIG ZAG in second correction < 61.85 retrace of small B till 3131.....now C unfolding...down......
it shall trap shorts below 2919......likely fall below 2919 to TRAP... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #352 Posted: Thu Sep 24, 2015 6:17 pm Post subject: |
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boom.....big players like to distribute most near support......can take it to the drawers...... volume game in such areas
cmp 2925 |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #353 Posted: Thu Sep 24, 2015 6:24 pm Post subject: |
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what is next move? |
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manojkr78 Green Belt
Joined: 07 Mar 2011 Posts: 1014
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Post: #354 Posted: Thu Sep 24, 2015 8:23 pm Post subject: |
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amit,
what a timely prediction..... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #355 Posted: Thu Sep 24, 2015 8:33 pm Post subject: |
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volume game.......AB=CD perfect complete at 2922
3131-2922=210
3210-3004=210
but 2980-2985 shall decide trajectory......can keep filter 30 points.....buy above 3030 sustaining only........ |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #356 Posted: Thu Sep 24, 2015 8:43 pm Post subject: |
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how everything ties UP,
EW, harmonics, fibo.........part of same genus.....!!!
with AB=CD complete.......
its also harmonic in play
XA=2960/3210
AB= 3210/3004 (80%)
BC= 3004-3131 (61.8%)
CD = 3131/2922
so can "alternate EW" to 3020 (50% retrace....) and move around 2960-3000/3020................. cmp 2965
in bottom of range...........at 2945-2960 for couple of days
so preferably....NOW can play....Bollinger.....buy bottom and carefully sell top.....5tf |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #357 Posted: Thu Sep 24, 2015 8:58 pm Post subject: |
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amitagg wrote: | how everything ties UP,
EW, harmonics, fibo.........part of same genus.....!!!
with AB=CD complete.......
its also harmonic in play
XA=2960/3210
AB= 3210/3004 (80%)
BC= 3004-3131 (61.8%)
CD = 3131/2922
so can "alternate EW" to 3020 (50% retrace....) and move around 2960-3000/3020................. cmp 2965
in bottom of range...........at 2945-2960 for couple of days
so preferably....NOW can play....Bollinger.....buy bottom and carefully sell top.....5tf |
done 20 points....captured 10 3tf BB ....... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #358 Posted: Thu Sep 24, 2015 9:06 pm Post subject: |
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caveat.....there is a 5 wave minor from 2922.....it is C wave over completely......last time....I mentioned FIRST AND BEFORE at 2700....and it hit....3200...
need to see move above 3030 for that............ |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #359 Posted: Thu Sep 24, 2015 9:24 pm Post subject: |
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amitagg wrote: | caveat.....there is a 5 wave minor from 2922.....it is C wave over completely......last time....I mentioned FIRST AND BEFORE at 2700....and it hit....3200...
need to see move above 3030 for that............ |
IMPUSLE STARTING UP.
2999 (5) -2922 (1) = 77 points.
wave 5 is .618 of this ....
3rd wave is largest from 2922.
wave 2 retraced extact 61.8% to 2957.
in wave 2; abc, c is 200% of a. wave 2 is also elongated ZIG ZAG so shows normal pattern of impulse.....
long.........as per EW.
have learned to respect price not analysis.....so watch and play your own style....direction is there..........
long stop can be ONLY 2922.
cmp 2985-2990 |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #360 Posted: Thu Sep 24, 2015 9:56 pm Post subject: |
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everything working and market allowing all systems to work in all timeframes..................after a grind since so many weeks.....
starting posting today actively "only" when starting seeing more tradeable behavior... choosing which market to trade when important.
let it consolidate as expected below 3015........only to move above later (today or tomorrow or Monday) ..... I can never predict gaps....which may require a relook.
to trade tomorrow evening.....
cmp 2990 |
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