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Crude Oil Trader |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #841  Posted: Wed Jul 12, 2017 7:27 pm Post subject: |
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Buy Aug crude 3000 target 3035 /3040 ( may apply filter)
Then 3105 then 3250
Stop 2915-2920
If closes above 2980 today AND remains above closing high Tomorrow for one hour, expect 3250
Crude giving or taking big points from here on.... Like the volatility
If manages a big score today after positive inventory coming, then opening and sustaining today's high may become difficult tomorrow for above prognosis
However today's intra would still give the profits
Bearish ONLY below 2910-2920 Aug
CMP 2990
If crude turns bullish from here expect a rave and rant move........IF ( see conditions above)
 
Me already in at 2980 with stop 2915
( players pls see above and below post and then only trade - sustaining 2980 is critical for 3130/3250 target )
Enjoy the game....
( read carefully above and then only watch and paper trade; losses are frequent in crudeeeeeeeee. Disclaimer ) |
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amitagg
Black Belt
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| Post: #842 Posted: Wed Jul 12, 2017 10:05 pm Post subject: |
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Despite a 90 point fall from high trade on near cost
Below 2920 Aug tomorrow would mean bull trade is gone
Above 3000 Aug tomorrow would mean bull intact and final confirmation above 3022 Aug for 3115/3225 target |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #843 Posted: Wed Jul 12, 2017 10:46 pm Post subject: |
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Closing may not happen good and it may retest the lows
One break of low here means bullishness goes
CMP 2960
Exited 50 percent purchase 2980 balance original SL
SL buy order Aug 3000
All Aug levels |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #844 Posted: Wed Jul 12, 2017 11:06 pm Post subject: |
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| amitagg wrote: | Below was posted just few seconds or minutes before the rise and break
CMP 2950 Aug
Let Aug remain above 2980 this week OR 2950 next week to confirm the reversal |
CMP 2975 Aug
As of now NO bear signal confirmation in price
Trade to take is either
long exit
Or SL buy |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #845 Posted: Wed Jul 12, 2017 11:12 pm Post subject: |
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Balance 50 percent SL revised upwards to 2940 from 2915
As u see SL was NOT hit today despite 90 point fall from high
Also SL buy order at 3000 ( for reinstatement) and add at 3025 Aug levels
Won't give crudeeeeeeeee any chance to whipsaw.... Too closely seen over the years!!!!
CMP 2975 |
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Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
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| Post: #846 Posted: Thu Jul 13, 2017 8:38 am Post subject: Very nice analysis |
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| Good morning very nice analysis lets see what's on the cards for today |
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Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
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| Post: #847 Posted: Thu Jul 13, 2017 3:56 pm Post subject: Stop hit |
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| Stop hit at 2940 what do u think about crude now |
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amitagg
Black Belt
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Posts: 4559
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| Post: #848 Posted: Thu Jul 13, 2017 8:54 pm Post subject: Re: Stop hit |
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| Abhijadhav79 wrote: | | Stop hit at 2940 what do u think about crude now |
What I think is already mentioned below
Just read again and again
See post below " bearish only below 2910-2920 Aug"
It did not give any bearish indication and hence rose intra day
Yesterday's stop (initial) of 2915 stays
That means crude sideways or bullish
I revised my SL for my trading style since I trade on larger quantities and can enter and exit without hesitation
CMP 3000
You may ignore buy SL and watch for one more day
Crude shall touch 2800 or 3200
If above 3030-3040 just do not sell and keep adding .......
Any clarification most welcome
My only suggestion is to read each line carefully and trade |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #849 Posted: Thu Jul 13, 2017 8:55 pm Post subject: |
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| amitagg wrote: | Despite a 90 point fall from high trade on near cost
Below 2920 Aug tomorrow would mean bull trade is gone
Above 3000 Aug tomorrow would mean bull intact and final confirmation above 3022 Aug for 3115/3225 target |
U can see that 2920 level worked perfectly .... It's not easy to protect levels each day! |
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amitagg
Black Belt
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Posts: 4559
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| Post: #850 Posted: Thu Jul 13, 2017 9:01 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Despite a 90 point fall from high trade on near cost
Below 2920 Aug tomorrow would mean bull trade is gone
Above 3000 Aug tomorrow would mean bull intact and final confirmation above 3022 Aug for 3115/3225 target |
U can see that 2920 level worked perfectly .... It's not easy to protect levels each day! |
It has hit 3000
As per post already given ( NO change in any line or prognosis made already in advance in last few days) CONFIRMATION above 3025 Aug
If closes above 3030 - All just enter and add....
( on a lighter note since there are crudeeeeees like me waiting to pounce , let is get frightened and pullback from 3000-3030 levels , otherwise I am in for a ride!!!!!!!) |
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amitagg
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Posts: 4559
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| Post: #851 Posted: Thu Jul 13, 2017 9:06 pm Post subject: |
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Read all posts of today and yesterday
One more thing - crude going to give a 300 point rise from 3025 level either way ( level to be refined and fixed early next week)
So 2900-3000 which side it breaks is very important
CMP 3000 Aug
Only above 3030 is confirmation for me
( remember as traders even if it confirms there is no reason why it cannot outsmart me.... So only thing I can do it to repeat myself repeatedly and trade a quantity which gives reasonable losses to me which I accept as part of RR) |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #852 Posted: Fri Jul 14, 2017 6:41 pm Post subject: |
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| amitagg wrote: | Read all posts of today and yesterday
One more thing - crude going to give a 300 point rise from 3025 level either way ( level to be refined and fixed early next week)
So 2900-3000 which side it breaks is very important
CMP 3000 Aug
Only above 3030 is confirmation for me
( remember as traders even if it confirms there is no reason why it cannot outsmart me.... So only thing I can do it to repeat myself repeatedly and trade a quantity which gives reasonable losses to me which I accept as part of RR) |
High 3031 and fell immediately to 2985 - 45 plus points
Level is important .... Let's see if give up or not!
New trade pending: Buy SL bids placed at 3033 now and shall enter for 3200 with stop at 2960-70 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #853 Posted: Fri Jul 14, 2017 7:09 pm Post subject: |
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| Fasten seat belts CMP 3017 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #854 Posted: Tue Jul 18, 2017 12:51 pm Post subject: |
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Crude about to give a whiplash a take out the SL at 2960
Signal bullish to reverse below 2940 August |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #855 Posted: Tue Jul 18, 2017 6:49 pm Post subject: |
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[quote="amitagg"]Crude about to give a whiplash a take out the SL at 2960
Signal bullish to reverse below 2940 August[/quote
Again the SL level held. .... Nice
Crudeeeeees... Trying to outsmart
Let it give space
Nominal profit for those exiting now 3033
Go long on gold 28210 target 28380 stop 28040
Crude will CONFIRM buy Now only above 3065 August |
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