View previous topic :: View next topic |
Author |
Crude Oil Trader |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #856 Posted: Tue Jul 18, 2017 10:09 pm Post subject: |
|
|
Wise decision for crude... This is an example of trade management amidst strong view at entry and gyrations .....
Gold exiting at few K profit
Commodities metals still not breaking out
Copper above 393-397
Zinc above 183-185
Lead 150-153
However no bearish undertone
Positional silver and gold displaying long tendencies
Crude Aug
if holds 2940 CMP 3003 "shall" hit 3215
If below 2940 "may" hit 2720 |
|
Back to top |
|
|
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #857 Posted: Thu Jul 27, 2017 10:19 pm Post subject: |
|
|
amitagg wrote: | Wise decision for crude... This is an example of trade management amidst strong view at entry and gyrations .....
Gold exiting at few K profit
Commodities metals still not breaking out
Copper above 393-397
Zinc above 183-185
Lead 150-153
However no bearish undertone
Positional silver and gold displaying long tendencies
Crude Aug
if holds 2940 CMP 3003 "shall" hit 3215
If below 2940 "may" hit 2720 |
Crude touched 2936 and now 3165 ... Amongst falling trend resistance at 3184 -3209 levels target of 3215 can be done ... However the move anticipated at 2900 levels would be nearly completion then
Gold and silver have been bullish since last post as mentioned
Zinc and lead not broken out
Copper and nickel did and rose
So
zinc can hit 192-195 above 185 level if hits BY TICK also any time in future CMP 179 would be an excellent buy if buy trigger hits ( both by system and chart)
Copper should hold 386 level CMP 409 and rise to 435 ( not certain but anticipated by chart reading and other ; not system)
Crude nearly completion bull target ( as per chart pattern) if exceeds target its not relevant for us : it whipped and trading was difficult ( metals made up)
Silver is still bullish at 38350 CMP and can rise positionally
Nickel CMP 650 have risen because it was too too suppressed with bearish notions but "pattern target is complete" at 650-660 levels ( contra trade is intra day bearish for next few days but I shall avoid) it NOT a buy at 650-660 (for 20-40 Rs ) irrespective of whether looking bullish or not..... |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #858 Posted: Mon Jul 31, 2017 7:34 pm Post subject: |
|
|
Had posted target of 3215 below post crude and on few occasions before at 3209 etc
Done
Cmp 3175
Not a sell and no trade zone |
|
Back to top |
|
|
AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
|
Post: #859 Posted: Mon Jul 31, 2017 9:22 pm Post subject: |
|
|
|
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #860 Posted: Wed Aug 02, 2017 6:28 pm Post subject: |
|
|
Will look to sell zinc below 174.8 levels
Cmp 176
Break of narrow range and semi annual pivot resistance holding |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #861 Posted: Wed Aug 09, 2017 6:20 pm Post subject: |
|
|
amitagg wrote: | Will look to sell zinc below 174.8 levels
Cmp 176
Break of narrow range and semi annual pivot resistance holding |
Sell not triggered and BUY triggers above 185
Cmp 189
20000 per lot
Exit 80 percent
Balance 192 target
Note below posts it was specifically mentioned to buy Zinc even on a tick above 185 levels |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #862 Posted: Wed Aug 09, 2017 10:35 pm Post subject: |
|
|
Posting another Multi barrel ( multi lot ) trade ( strictly for learning purposes only) basis just beating the resistance line
LEAD Buy above TiCK above 154.1 target 157 plus
Stop 149.8
Cmp 150
Any time it triggers in next few weeks.......
Would it turn gold like zinc |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #863 Posted: Wed Aug 16, 2017 8:41 pm Post subject: |
|
|
amitagg wrote: | Posting another Multi barrel ( multi lot ) trade ( strictly for learning purposes only) basis just beating the resistance line
LEAD Buy above TiCK above 154.1 target 157 plus
Stop 149.8
Cmp 150
Any time it triggers in next few weeks.......
Would it turn gold like zinc |
Gold it is.... Bumper hit!!!!!
As posted Multi barrel - 15000/20000 profit per lot
Cmp 158.5
Just take few trades when system is clear.......!!!! Let it come to you.... |
|
Back to top |
|
|
Abhijadhav79 White Belt
Joined: 18 Sep 2016 Posts: 53
|
Post: #864 Posted: Thu Aug 17, 2017 10:11 am Post subject: Great |
|
|
Very nice view of chart great and awesome trade I bought it at 152.6 but your view helped a lot or else I would have booked much earlier booked at 157 now 161 |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #865 Posted: Thu Aug 17, 2017 9:56 pm Post subject: Re: Great |
|
|
Abhijadhav79 wrote: | Very nice view of chart great and awesome trade I bought it at 152.6 but your view helped a lot or else I would have booked much earlier booked at 157 now 161 |
Great job done!
It's wonderful when someone tries to determine entry and exit points all by oneself ( besides trade identification) and you already have done one piece on hand. |
|
Back to top |
|
|
Abhijadhav79 White Belt
Joined: 18 Sep 2016 Posts: 53
|
Post: #866 Posted: Tue Aug 22, 2017 12:26 pm Post subject: Thank you |
|
|
Thank you very much but your chart reading and confidence in your trades is awesome |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #867 Posted: Tue Aug 22, 2017 9:02 pm Post subject: |
|
|
Silver becomes a buy @ 39300 Sep 5 contract
CMP 39020
Low today 38722 |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #868 Posted: Wed Aug 23, 2017 8:17 pm Post subject: |
|
|
Can buy crude 3080 now
Stop 3030
General price action trade ( not conviction one posted like zinc and lead below) |
|
Back to top |
|
|
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
|
Post: #869 Posted: Wed Aug 23, 2017 8:19 pm Post subject: |
|
|
amitagg wrote: | Can buy crude 3080 now
Stop 3030
General price action trade ( not conviction one posted like zinc and lead below) |
Done
Target 3175/3290
Stop loss will be hit quickly today if it has to hit!!!!!!
Enjoy |
|
Back to top |
|
|
AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
|
Post: #870 Posted: Wed Aug 23, 2017 9:03 pm Post subject: |
|
|
Thanks. |
|
Back to top |
|
|
|