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Crude Oil Trader |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #661  Posted: Mon May 09, 2016 9:08 pm Post subject: |
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| amitagg wrote: | One 100-150-200 pointer trade coming ( 1 out of next 2, trades overall points) ... Watch out!
Markets are random ( above is profit ? Or Loss? Pointer)
Let's wait...
I will not post levels in advance.
Watching action in 3000-3050 region.......
And 2900-2950 region....... |
3050 did not clear.....high 3045....level precise.
now 2890 watching............
cmp 2910 
I am waiting for a break in either direction.......... would have been "doubly sure" if break was upside ...did not happen......now will "chance" the breakdown if comes....... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #662 Posted: Mon May 09, 2016 10:10 pm Post subject: |
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| amitagg wrote: | 27april/3may/6may
trade 3 (cum) profit 160 points per lot
all (near) live trades. shall double capital in 4-8 months as is possible mostly.
readers would have slippage additional to factor in.
I do not scale in or add to capital. |
trade 4 : sold 1x at 2910 stop 2975
(testing waters.....if below 2890 tomorrow to add 1 x.)
tg 2856/2794 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #663 Posted: Tue May 10, 2016 7:09 pm Post subject: |
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SL revised to 2940 - 30 points
since 2890 was not tested twice 2x not taken
market bearish only till 2980 cleared but MM money management rules coming into picture with intra day price action (although still not suggesting bullishness)
cmp 2920 |
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amitagg
Black Belt
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Posts: 4559
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| Post: #664 Posted: Tue May 10, 2016 7:13 pm Post subject: |
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trade 4 (cum) - 130 points
hit while posting |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #665 Posted: Tue May 10, 2016 7:18 pm Post subject: |
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| intra play shorted 0.5x at 2950 stop 2980 th 2895 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #666 Posted: Tue May 10, 2016 10:33 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | One 100-150-200 pointer trade coming ( 1 out of next 2, trades overall points) ... Watch out!
Markets are random ( above is profit ? Or Loss? Pointer)
Let's wait...
I will not post levels in advance.
Watching action in 3000-3050 region.......
And 2900-2950 region....... |
3050 did not clear.....high 3045....level precise.
now 2890 watching............
cmp 2910
I am waiting for a break in either direction.......... would have been "doubly sure" if break was upside ...did not happen......now will "chance" the breakdown if comes....... |
My price reading meant I was hopeful of up break. that did not happen yesterday
Hence chanced the short - but 1x ( 25 percent) quantity since I have to take all signals. Intra short on "further" half quantity
By this I hope I have mimimsed losses and now still waiting for direction
See my post of Sunday..... How 2900. And 3050 were held ..... 2900 almost!!!!
So I am waiting for price to give me direction.
Sideways markets can silently kill and we have learnt to mitigate the pain by having directional bias somewhat basis experience and position sizing. Have small SLs and now wait for riding the bigger trade...... Only hope we are not caught offguafd with spike violent up or down which cause a slippage..... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #667 Posted: Wed May 11, 2016 8:08 pm Post subject: |
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lovely crude...don't sell.....cmp 3040.....
stop 2990.....earned 2x 40 points. from 3000.
pending 2x.
breakut big about 3065....waiting to happen....don't sell. |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #668 Posted: Wed May 11, 2016 8:12 pm Post subject: |
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Thanks for caution notice,
i really appreciate your attitude.  |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #669 Posted: Wed May 11, 2016 8:15 pm Post subject: |
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BUT trendline breakdown from 2500 low.......now reacting back to that trendline breakdown point....so very import to clear 3065.....
otherwise SL at cost shall be hit....I would allow it to be hit.....but chance the breakout............... to 3114/3300........
cmp 3040 |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #670 Posted: Wed May 11, 2016 8:16 pm Post subject: |
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| can you post chart . |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #671 Posted: Wed May 11, 2016 8:20 pm Post subject: |
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can move to 3062/3088/3114 today....above 3040 confirms break of that trendline resistance UP......
stop can be 2995 only. cost was 3000. so kept as that.
I am seeing a vertical upmove ....if that happens.....never sell intra day....
because we are cashing the uptrend....no need to work both directions.
cmp 3042....showing good resilience. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #672 Posted: Wed May 11, 2016 8:35 pm Post subject: |
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| AMBY wrote: | | can you post chart . |
you said in buffet thrad u don't read charts. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #673 Posted: Wed May 11, 2016 8:50 pm Post subject: |
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| amitagg wrote: | lovely crude...don't sell.....cmp 3040.....
stop 2990.....earned 2x 40 points. from 3000.
pending 2x.
breakut big about 3065....waiting to happen....don't sell. |
3058 now..... high 3063
actually it may just zoom past 3088.
now what  |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #674 Posted: Wed May 11, 2016 8:54 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | lovely crude...don't sell.....cmp 3040.....
stop 2990.....earned 2x 40 points. from 3000.
pending 2x.
breakut big about 3065....waiting to happen....don't sell. |
3058 now..... high 3063
actually it may just zoom past 3088.
now what |
spike and channel also [ old flavour  ]......multiple tops at 3065....so heavy resistance......those wanting can book out.....
TSL 3020.
it shall hit bottom of channel at 3045/3025. cmp 3060 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #675 Posted: Wed May 11, 2016 8:57 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | lovely crude...don't sell.....cmp 3040.....
stop 2990.....earned 2x 40 points. from 3000.
pending 2x.
breakut big about 3065....waiting to happen....don't sell. |
3058 now..... high 3063
actually it may just zoom past 3088.
now what |
spike and channel also [ old flavour ]......multiple tops at 3065....so heavy resistance......those wanting can book out.....
TSL 3020.
it shall hit bottom of channel at 3045/3025. cmp 3060 |
hold on let tsl hit. 3062 ...showing big inclination to break out. |
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