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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #526 Posted: Wed Jan 20, 2016 10:07 am Post subject: |
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amitagg wrote: | parva wrote: | Dear experts
Crude bottomed out ..?
Regards
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Why prejudge can't understand. .... As if we have to catch the bottom and are master traders to ride the full trend and not exit early ......... |
Now 1885 ( expecting bottom at 2000)
Feb 1985 seems like calendar date
Bought 1985
( shall NOT add) stop close below 1940 |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #527 Posted: Wed Jan 20, 2016 5:26 pm Post subject: |
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what is next move in crude? |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #528 Posted: Wed Jan 20, 2016 5:31 pm Post subject: |
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AMBY wrote: | what is next move in crude? |
exited cost....since no traction.
for me unless system triggers bull it is not......just one would not "like to be" on short side at these levels....so it keeps falling lower.
cmp 1980
can hit 1940 today.....
to weed out all, can hot 1600 levels................so again reiterate price to give confirmation.....for that one dayb is not sufficient as per my limited understanding.
I am just waiting for bull trigger....and shall post that day....that day did not come in past few days.... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #529 Posted: Wed Jan 20, 2016 5:35 pm Post subject: |
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amitagg wrote: | AMBY wrote: | what is next move in crude? |
exited cost....since no traction.
for me unless system triggers bull it is not......just one would not "like to be" on short side at these levels....so it keeps falling lower.
cmp 1980
can hit 1940 today.....
to weed out all, can hot 1600 levels................so again reiterate price to give confirmation.....for that one dayb is not sufficient as per my limited understanding.
I am just waiting for bull trigger....and shall post that day....that day did not come in past few days.... |
AB=CD ends at 1970 so finding support..........
this may be third wave....so can extend to 1885......and then 4th retrace or sideways and then 5th fall to 1600 to above effect.....
as a corollary MOVE ABOVE 2040 WOULD be bull "MODE" which shall need need confirmation.
whats the API nos suggesting for intra day? |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #530 Posted: Wed Jan 20, 2016 7:28 pm Post subject: |
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Thanks for your guidance. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #531 Posted: Wed Jan 20, 2016 9:33 pm Post subject: |
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As mentioned below 1940 hit
Markets remain solvent more than we can ever we!!!!!
Expect recovery now....."expect"
That is 1940 shall come back tomorrow itself even if 1900 goes.... If at all
So any long here .... Keep wide stop loss |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #532 Posted: Thu Jan 21, 2016 8:34 am Post subject: |
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O K. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #533 Posted: Thu Jan 21, 2016 6:28 pm Post subject: |
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amitagg wrote: | As mentioned below 1940 hit
Markets remain solvent more than we can ever we!!!!!
Expect recovery now....."expect"
That is 1940 shall come back tomorrow itself even if 1900 goes.... If at all
So any long here .... Keep wide stop loss |
Stuck at 1940 after 12 hrs trade......
Can hit 1894/1863.....
Can hit 1871 and fall stop 1910
Stop for current level short trade is difficult .....
I anticipate sideways move after whipsawing action intra day
Still on bear side...... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #534 Posted: Thu Jan 21, 2016 10:40 pm Post subject: |
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amitagg wrote: | As mentioned below 1940 hit
Markets remain solvent more than we can ever we!!!!!
Expect recovery now....."expect"
That is 1940 shall come back tomorrow itself even if 1900 goes.... If at all
So any long here .... Keep wide stop loss |
1st stage bull confirmation cleared......traded long intra...... after short hit SL.
tomorrow. shall conmfirm....
DO NOT SHORT NOW...irrespective of any LENGTH it GOES.
2DN STAGE CONFIRMATION SHALL WAIT FOR TOMORROW. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #535 Posted: Thu Jan 21, 2016 10:46 pm Post subject: |
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amitagg wrote: | amitagg wrote: | As mentioned below 1940 hit
Markets remain solvent more than we can ever we!!!!!
Expect recovery now....."expect"
That is 1940 shall come back tomorrow itself even if 1900 goes.... If at all
So any long here .... Keep wide stop loss |
1st stage bull confirmation cleared......traded long intra...... after short hit SL.
tomorrow. shall conmfirm....
DO NOT SHORT NOW...irrespective of any LENGTH it GOES.
2DN STAGE CONFIRMATION SHALL WAIT FOR TOMORROW. |
AS PER ew still not showing 5 wave impoulse that's a problem.....stop for any long is 1990 only.....cmp 2047....sustaining above 2040 is bullish. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #536 Posted: Thu Jan 21, 2016 10:52 pm Post subject: |
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2030 rather....for long support. below shall hit 2016/2020 immediately. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #537 Posted: Thu Jan 21, 2016 10:56 pm Post subject: |
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enjoying crude after a while.......
1980 is final support for any long.........as of today. be careful...multiple long targets already done for intra so can retrace. cmp 2029. above 2042 again shall target 2068/2094/2127.
jittery below 2016/2020/.......don't over trade...just watch if traded already. let a pattern form again. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #538 Posted: Thu Jan 21, 2016 10:58 pm Post subject: |
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2030 is make or break area now ....for deciding trend..with filters. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #539 Posted: Thu Jan 21, 2016 11:14 pm Post subject: |
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below 2020 shall hit 1994/1970.....last twist. this is larger target. once met.....up journey can resume.....unless falls rapidly today.....bullish engulfing good if happens |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #540 Posted: Fri Jan 22, 2016 9:50 pm Post subject: |
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2030 held yesterday and up targets met. uptrend is confirmed basis system. not per wave.
2090 stop for longs.... can hit 2200/2290..... cmp 2131.... no short above 2090. |
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