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Crude Oil Trader |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #901  Posted: Thu Sep 14, 2017 10:44 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Crude oil is a FEROCIOUS buy above 3200 levels.......(not 3100)
( meaning equally high risk also : disclaimer)
CMP - just 3092 |
I take out the word ferocious
Yes trade accordingly to trend which is BUY
CMP 3209
High 3219
As per past experience it can consolidate and also go below buy level of 3200 to 3175 etc.... Have a stop loss and don't over leverage ... Immediate target is 3264
Follow MM |
Book 50 percent at 35-40 points profit now and trail to cost - Sep contract
It can hit 3294 in October though ..... Strength visible .... But intra reaction possible |
Intra reaction has come 3206 cmp
Don't sell even if it is going to hit 3170
With the rise of over 200 points, it not going to lose strength quickly ...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #902 Posted: Fri Sep 22, 2017 6:54 pm Post subject: |
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General comment not trading recommendation
ALUMINIUM. Is in wave 4 and should rise beyond 144 (CMP 138)
It can move around in 133-141 /142 for few days/ weeks and then stage further rise
So BUY dips rather than shorting |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #903 Posted: Sat Sep 23, 2017 10:29 am Post subject: |
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| Thanks, |
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khadanwood
White Belt
Joined: 26 Jan 2017
Posts: 100
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| Post: #904 Posted: Mon Sep 25, 2017 6:49 pm Post subject: |
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| amitagg wrote: | General comment not trading recommendation
ALUMINIUM. Is in wave 4 and should rise beyond 144 (CMP 138)
It can move around in 133-141 /142 for few days/ weeks and then stage further rise
So BUY dips rather than shorting |
Can one buy if Alu croses 144.??
crossing of 144 for which time frame candle ? |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #905 Posted: Wed Sep 27, 2017 3:08 pm Post subject: |
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| khadanwood wrote: | | amitagg wrote: | General comment not trading recommendation
ALUMINIUM. Is in wave 4 and should rise beyond 144 (CMP 138)
It can move around in 133-141 /142 for few days/ weeks and then stage further rise
So BUY dips rather than shorting |
Can one buy if Alu croses 144.??
crossing of 144 for which time frame candle ? |
So buying dips at 136.1/ 137.1/138.1/139 CMP would have been profitable as posted
I did not do that since my methodology is different
When we talk of EW even tick is sufficient... Don't enter / exit on EW but on some trading price mathematical model or visible price actionnstop |
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khadanwood
White Belt
Joined: 26 Jan 2017
Posts: 100
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| Post: #906 Posted: Wed Sep 27, 2017 3:22 pm Post subject: |
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| amitagg wrote: | | khadanwood wrote: | | amitagg wrote: | General comment not trading recommendation
ALUMINIUM. Is in wave 4 and should rise beyond 144 (CMP 138)
It can move around in 133-141 /142 for few days/ weeks and then stage further rise
So BUY dips rather than shorting |
Can one buy if Alu croses 144.??
crossing of 144 for which time frame candle ? |
So buying dips at 136.1/ 137.1/138.1/139 CMP would have been profitable as posted
I did not do that since my methodology is different
When we talk of EW even tick is sufficient... Don't enter / exit on EW but on some trading price mathematical model or visible price actionnstop |
Thanks! 
I bought it @138.35, Taking Today's daily pivot 138.25 as SL. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #907 Posted: Mon Oct 02, 2017 8:07 pm Post subject: |
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Aluminium may be triggering a reversal
So don't buy
Take self decision on sell
Likely target 134/133
CMP 137
It's excellent buy at 127-131 zone..... Whenever comes |
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jyothil
White Belt
Joined: 26 Feb 2009
Posts: 299
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| Post: #908 Posted: Tue Oct 03, 2017 11:43 pm Post subject: |
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Sir,
Could you check lead is in 3 wave or end of 3 wave
G. Jyothi
| amitagg wrote: | Aluminium may be triggering a reversal
So don't buy
Take self decision on sell
Likely target 134/133
CMP 137
It's excellent buy at 127-131 zone..... Whenever comes |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #909 Posted: Thu Oct 05, 2017 7:21 pm Post subject: |
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| jyothil wrote: | Sir,
Could you check lead is in 3 wave or end of 3 wave
G. Jyothi
| amitagg wrote: | Aluminium may be triggering a reversal
So don't buy
Take self decision on sell
Likely target 134/133
CMP 137
It's excellent buy at 127-131 zone..... Whenever comes |
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This analysis won't help you in trading over 1000 or 10000 trades taken as a whole . My apologies . |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #910 Posted: Fri Oct 06, 2017 10:45 pm Post subject: |
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I am missing some trading posts so pls excuse
Crude oil is reaching very important support
Oct CMP 3230
Last support 3160 ( which is very close buy if you want to dabble in higher pointers)
Since the break was above 3175 Sep equivalent 3210 approx Oct
3210 to 3160 would offer excellent support.....
For traders types either buy the supports or buy the price breaks after confirmation.... I am of the second type....
So next week and after that more so will be interesting......
Take trades when pattern and model supports...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #911 Posted: Mon Oct 09, 2017 4:18 pm Post subject: |
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Is nickel a BUY at 710 target 720 stop 702
Go for it
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #912 Posted: Mon Oct 09, 2017 8:42 pm Post subject: |
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| amitagg wrote: | Is nickel a BUY at 710 target 720 stop 702
Go for it
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Trail SL to 705
CMP 213 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #913 Posted: Mon Oct 09, 2017 9:51 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Is nickel a BUY at 710 target 720 stop 702
Go for it
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Trail SL to 705
CMP 213 |
Booked 717.8 .... Neat one!
Can see how the high was 709.9 then fall to 703 ... No trade was open... Level of 202 was not hit.... Then triggered at 210 .... Now booked
Can reach 722 also....for those who want to exit partially..... |
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Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
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| Post: #914 Posted: Tue Oct 10, 2017 3:34 pm Post subject: Awesome |
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[quote="amitagg"] | amitagg wrote: | | amitagg wrote: | Is nickel a BUY at 710 target 720 stop 702
Go for it
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Trail SL to 705
CMP 213 |
Booked 717.8 .... Neat one!
Can see how the high was 709.9 then fall to 703 ... No trade was open... Level of 202 was not hit.... Then triggered at 210 .... Now booked
Can reach 722 also....for those who want to exit partially.....[/quo
Excellent analysis to the perfection  |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #915 Posted: Wed Oct 11, 2017 8:33 am Post subject: |
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| Missed good call, |
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