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Crude Oil Trader |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #556  Posted: Wed Feb 10, 2016 11:02 pm Post subject: |
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Bought at 1920 just a while back stop 1870 as "expecting" based on trendline congruence support (not purely technical)......as reversal play for very short term.
Confirmation ONLY above 1985...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #557 Posted: Sat Feb 13, 2016 5:59 pm Post subject: |
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| amitagg wrote: | Bought at 1920 just a while back stop 1870 as "expecting" based on trendline congruence support (not purely technical)......as reversal play for very short term.
Confirmation ONLY above 1985...... |
SL hit on open
( had averaged since gap down most often retraces and exited at 20 points profit at 1902 although it rallied to 2015 .. Rest were intra trades)
Bullish trigger on
Buy 1980/86 target 2035/ 2075
Stop 1930
( confirmation for positional bullish if closes above 2040) |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #558 Posted: Sat Feb 13, 2016 6:16 pm Post subject: |
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| 2nd intra trade for Monday ( read with previous post) Buy 1968 stop 1930 target 2005 |
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vaibhavparmar
White Belt
Joined: 01 Feb 2016
Posts: 6
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| Post: #559 Posted: Mon Feb 15, 2016 10:49 am Post subject: |
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| amitagg wrote: | | amitagg wrote: | Bought at 1920 just a while back stop 1870 as "expecting" based on trendline congruence support (not purely technical)......as reversal play for very short term.
Confirmation ONLY above 1985...... |
SL hit on open
( had averaged since gap down most often retraces and exited at 20 points profit at 1902 although it rallied to 2015 .. Rest were intra trades)
Bullish trigger on
Buy 1980/86 target 2035/ 2075
Stop 1930
( confirmation for positional bullish if closes above 2040) |
 wow crude make lots of money |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #560 Posted: Mon Feb 15, 2016 11:48 am Post subject: |
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| I missed the entry by 2 points |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #561 Posted: Mon Feb 15, 2016 3:48 pm Post subject: |
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| vaibhavparmar wrote: | | amitagg wrote: | | amitagg wrote: | Bought at 1920 just a while back stop 1870 as "expecting" based on trendline congruence support (not purely technical)......as reversal play for very short term.
Confirmation ONLY above 1985...... |
SL hit on open
( had averaged since gap down most often retraces and exited at 20 points profit at 1902 although it rallied to 2015 .. Rest were intra trades)
Bullish trigger on
Buy 1980/86 target 2035/ 2075
Stop 1930
( confirmation for positional bullish if closes above 2040) |
wow crude make lots of money |
filled and hit target 50 points  |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #562 Posted: Tue Feb 16, 2016 7:59 pm Post subject: |
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| Up date please. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #563 Posted: Tue Feb 16, 2016 11:25 pm Post subject: |
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2116 was short area..... Shorted .... Stopped 15 points
Unexpected up down on news
Came to 2050 .....
But price reading of past tells break has come in direction of violent move..... Shorted at 2050/2062 on proprietary system which use for weekly nifty posts
2062 was 180 gann level
Came to 2028 booked till 2023 ( carried small) - 2025 was gann level
Broken as expected ... booked rest 1983 - touched 1972 360 gann level and moved near 50 points up
Now waiting ( for tomorrow)
In sell mode ... Can short break of 1975 to target 1930-1940 more solid support area
HARMONIC visible on hourly charts which sometimes makes bottom ( which was at 1805) so can retrace BUT likely should hold UP before 1805 and move beyond 2200.....
Hope clarified . Markets can do anything. Also getting news driven now. |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #564 Posted: Wed Feb 17, 2016 5:57 pm Post subject: |
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Thanks for detail analysis on crude.
crude is stuck in between fundamental and technical,
also Saudi v/s Iran.
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #565 Posted: Wed Feb 17, 2016 6:16 pm Post subject: |
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low today 2 points above sell trigger level which was respected and it moved up 70 points......so sideways now.
no trade |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #566 Posted: Fri Feb 19, 2016 4:16 pm Post subject: |
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Have sold crude 2290 yesterday and holding with SL . It can come back as well
Cmp 2260 and a sell now as well
Closig. Below 2225 will give confirmation
Wants to take 100-150 points from the trade..... Till reversal belongs .... Which can be earlier as well but shall get to know not immediately SO shall NOT trail.
Very bullish above 2360.
2270-2300-2330 trend decider level for positional players
Last edited by amitagg on Fri Feb 19, 2016 5:36 pm; edited 1 time in total |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #567 Posted: Fri Feb 19, 2016 5:35 pm Post subject: |
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| amitagg wrote: | Have sold crude 2290 yesterday and holding with SL . It can come back as well
Cmp 2260 and a sell now as well
Closig. Below 2225 will give confirmation
Wants to take 100-150 points from the trade..... Till reversal belongs .... Which can be earlier as well but shall get to know not immediately to shall NOT trail.
Very bullish above 2360.
2270-2300-2330 trend decider level for positional players |
every trader should take such trades at critical tops and bottoms......irrespective of outcome ...since they represent key reversal points.
multiple resistance intra day at 2262-2272-2282-2292.........hence today action important.
rising trendline not breached still......nevertheless down targets are 2218/2177/ 2155..........!!!!
good stop 2315......or at near cost 2295. |
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pavan29
Green Belt
Joined: 26 Jun 2012
Posts: 1047
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| Post: #568 Posted: Fri Feb 19, 2016 6:19 pm Post subject: |
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| amitagg wrote: | Have sold crude 2290 yesterday and holding with SL . It can come back as well
Cmp 2260 and a sell now as well
Closig. Below 2225 will give confirmation
Wants to take 100-150 points from the trade..... Till reversal belongs .... Which can be earlier as well but shall get to know not immediately SO shall NOT trail.
Very bullish above 2360.
2270-2300-2330 trend decider level for positional players |
Anything below 2120 can drag it to 2050-2000....anything above 2325 will reach 2400-2440 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #569 Posted: Fri Feb 19, 2016 8:01 pm Post subject: |
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| pavan29 wrote: | | amitagg wrote: | Have sold crude 2290 yesterday and holding with SL . It can come back as well
Cmp 2260 and a sell now as well
Closig. Below 2225 will give confirmation
Wants to take 100-150 points from the trade..... Till reversal belongs .... Which can be earlier as well but shall get to know not immediately SO shall NOT trail.
Very bullish above 2360.
2270-2300-2330 trend decider level for positional players |
Anything below 2120 can drag it to 2050-2000....anything above 2325 will reach 2400-2440 |
Ok thanks
Levels are stil far off |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #570 Posted: Fri Feb 19, 2016 8:04 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Have sold crude 2290 yesterday and holding with SL . It can come back as well
Cmp 2260 and a sell now as well
Closig. Below 2225 will give confirmation
Wants to take 100-150 points from the trade..... Till reversal belongs .... Which can be earlier as well but shall get to know not immediately to shall NOT trail.
Very bullish above 2360.
2270-2300-2330 trend decider level for positional players |
every trader should take such trades at critical tops and bottoms......irrespective of outcome ...since they represent key reversal points.
multiple resistance intra day at 2262-2272-2282-2292.........hence today action important.
rising trendline not breached still......nevertheless down targets are 2218/2177/ 2155..........!!!!
good stop 2315......or at near cost 2295. |
Have hit the first target at 70 points booked 2/3
Now only 1/3 pending for One target 2177 stop moved to 2260 |
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