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amitagg
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Post: #706  Posted: Fri Sep 16, 2016 7:52 pm Post subject: |
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| amitagg wrote: | We have an expanding diametric going on and 2820-2750 after Oil meeting this month would be a great buy......demand zones and GANN support at 2755-2775 region very strong indeed.
Cmp 2885
2 ways to trade the reversal :
1) buying 2825 -2775-2755 automatically ( generally crude gives a snap sharp movement before turning) so stop if close shall be taken out
2) waiting one more week to systems show upside reversal on lower tf
Imp note: as per market timing, reversal beyond 3000 is not expected next week......but week after that possible
Let's see the Oct contract as well
Data continues to come positive each week. |
Trade as per own style..... For instance I am leaving the short trade between 2900 support broken today and 2820 /2755........
Irrespective of market condition buy 2775-2755 and hold with stop of 80 points |
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amitagg
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| Post: #707 Posted: Thu Oct 06, 2016 2:54 pm Post subject: |
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Buying NG 303.3
target 309 /316/ 324
stop 197.5 (190)
SL buy bid pending
CMP 302.4 |
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amitagg
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| Post: #708 Posted: Thu Oct 06, 2016 8:29 pm Post subject: |
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Position is on . SL 194 as of now ( shall exit 50 percent at 197)
Negative storage data just a while back and cmp 200-201
If holds 197 then we have negative bullish divergence and I would add my postion if moves above 203.5....... |
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amitagg
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Posts: 4559
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| Post: #709 Posted: Thu Oct 06, 2016 8:49 pm Post subject: |
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| amitagg wrote: | Position is on . SL 194 as of now ( shall exit 50 percent at 197)
Negative storage data just a while back and cmp 200-201
If holds 197 then we have negative bullish divergence and I would add my postion if moves above 203.5....... |
As expected moved up and added to position
Stop 197 for earlier and 199.5 for new |
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amitagg
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| Post: #710 Posted: Thu Oct 06, 2016 10:22 pm Post subject: |
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Bought silver (risky) 41500
Nice support at 40800 region with filter ( should not will, give decent contra bounce from these levels)
Target 42250/42500/44000
Weekly very close SL 41270 ( for hitting and once hit reentry above 41725) |
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amitagg
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Posts: 4559
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| Post: #711 Posted: Thu Oct 06, 2016 10:37 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Position is on . SL 194 as of now ( shall exit 50 percent at 197)
Negative storage data just a while back and cmp 200-201
If holds 197 then we have negative bullish divergence and I would add my postion if moves above 203.5....... |
As expected moved up and added to position
Stop 197 for earlier and 199.5 for new |
Exited 203.3 at 203 as per price action back to resistance
Holding morning position as per strategy with higher RR |
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amitagg
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Posts: 4559
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| Post: #712 Posted: Thu Oct 06, 2016 11:25 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Position is on . SL 194 as of now ( shall exit 50 percent at 197)
Negative storage data Ie unfavourable to price upmove just a while back and cmp 200-201
If holds 197 then we have negative bullish divergence and I would add my postion if moves above 203.5....... |
As expected moved up and added to position
Stop 197 for earlier and 199.5 for new |
Exited 203.3 at 203 as per price action back to resistance
Holding morning position as per strategy with higher RR |
NG closing strongly around 204.5-204.8
It closes above 207 tomorrow expect 216/224 swiftly and a breakout
That is , IF
I am carrying the position |
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amitagg
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Posts: 4559
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| Post: #713 Posted: Thu Oct 06, 2016 11:27 pm Post subject: |
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| amitagg wrote: | Bought silver (risky) 41500
Nice support at 40800 region with filter ( should not will, give decent contra bounce from these levels)
Target 42250/42500/44000
Weekly very close SL 41270 ( for hitting and once hit reentry above 41725) |
Silver closing same and carried |
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amitagg
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Posts: 4559
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| Post: #714 Posted: Thu Oct 06, 2016 11:31 pm Post subject: |
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| evkgng wrote: | | amitagg wrote: | Target 3700 above 3170 ( with filters of few 30-50-70 points)
Will take from there........... |
Thanks Mr.amitagg
for sharing your view reg crude move.
reg,
evkgng. |
We have crossed the resistance decisively and the upmove will continue........cmp 3360-3370
Target 3469/3600/3700 stop 3100 |
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amitagg
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Posts: 4559
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| Post: #715 Posted: Thu Oct 06, 2016 11:38 pm Post subject: |
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Have posted long trades for crude NG and Silver below
Overall insight
Crude bullish ( but as per waves its keeps showing resistance and corrective overlapping waves) it should remain above 3170 for postive action of 300-400 points
NG if breaks 207 shall be great breakout
buy cmp 204 is close
support it should not break for upmove current is 190
Silver only counter trend trade since 40800 great support cmp 41500
Watch 3170-190-40800 (39250/36000)as strong support levels
Watch 3170 ( breakout in place) - 205/207 ( breakout about to happen) - 39250/36000 ( down target possibility not selling without suitable time frame action though) |
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amitagg
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Posts: 4559
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| Post: #716 Posted: Fri Oct 07, 2016 4:07 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Bought silver (risky) 41500
Nice support at 40800 region with filter ( should not will, give decent contra bounce from these levels)
Target 42250/42500/44000
Weekly very close SL 41270 ( for hitting and once hit reentry above 41725) |
Silver closing same and carried |
Booked 50 percent 47725 and trailed to cost for balance
Would REENTRY long around 40800-41000 |
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #717 Posted: Fri Oct 07, 2016 5:21 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Position is on . SL 194 as of now ( shall exit 50 percent at 197)
Negative storage data Ie unfavourable to price upmove just a while back and cmp 200-201
If holds 197 then we have negative bullish divergence and I would add my postion if moves above 203.5....... |
As expected moved up and added to position
Stop 197 for earlier and 199.5 for new |
Exited 203.3 at 203 as per price action back to resistance
Holding morning position as per strategy with higher RR |
NG closing strongly around 204.5-204.8
It closes above 207 tomorrow expect 216/224 swiftly and a breakout
That is , IF
I am carrying the position |
Exited at 206.4 50 percent and TSL to 202.5 for balance
Would watch for 207 break and Monday movement.......... |
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amitagg
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Posts: 4559
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| Post: #718 Posted: Fri Oct 07, 2016 5:33 pm Post subject: |
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Just hit 207
How watch out  seeing the story unfold
Will it won't it? |
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amitagg
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Posts: 4559
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| Post: #719 Posted: Fri Oct 07, 2016 5:35 pm Post subject: |
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Silver 41850 above 41860 can rise to 41960/ 42250
TSL at cost in place
It can consolidate at 41000-42250
Take out some early longs and then rise over next few days .......
Cmp 41800 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #720 Posted: Fri Oct 07, 2016 6:08 pm Post subject: |
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| amitagg wrote: | Silver 41850 above 41860 can rise to 41960/ 42250
TSL at cost in place
It can consolidate at 41000-42250
Take out some early longs and then rise over next few days .......
Cmp 41800 |
Behaving expectedly
Booking profit as it comes.....not playing for long haul since contra trade
Cmp 41800 hit 42080
TSL 41650 for all |
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