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Crude Oil Trader |
amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #916 Posted: Thu Oct 12, 2017 7:33 pm Post subject: |
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This is a LATE post but notice the trend .... And if your system support BUY
Copper CMP 450.5
Next actual trade can be if falls below 447 to 445 and stays put and rises above 447 just buy at 447.5 /448.....again it would hit 454 |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #917 Posted: Mon Oct 16, 2017 8:34 pm Post subject: |
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Watch for
crude oil sell below 3334 CMP 3357 oct 18 ( nearing expiry)
And zinc sell ( small quantity why not just 1 lot ) below 209
Above are general ideas and " not my more certain" methodology
Since zinc has been overall bullish
Crude is also bullish
So above short ideas are based on intra day ( not price but level based) and few days (zinc) price action of "resistance in uptrend" and hence a possibility of a "small" turn down |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #918 Posted: Mon Oct 16, 2017 8:37 pm Post subject: |
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amitagg wrote: | This is a LATE post but notice the trend .... And if your system support BUY
Copper CMP 450.5
Next actual trade can be if falls below 447 to 445 and stays put and rises above 447 just buy at 447.5 /448.....again it would hit 454 |
Did you guys notice how after my post .....
It fell in between these levels 445-447 and NOW it is 465 ( it hit 464 not 454)
(20000 in the air whimsical thinking expected backwardarion profit per lot ) |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #919 Posted: Mon Oct 16, 2017 8:43 pm Post subject: |
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amitagg wrote: | Watch for
crude oil sell below 3334 CMP 3357 oct 18 ( nearing expiry)
And zinc sell ( small quantity why not just 1 lot ) below 209
Above are general ideas and " not my more certain" methodology
Since zinc has been overall bullish
Crude is also bullish
So above short ideas are based on intra day ( not price but level based) and few days (zinc) price action of "resistance in uptrend" and hence a possibility of a "small" turn down |
Zinc : It has fallen 1 Rs and triggered the sell...... Profit and SL levels u decide ... Searching |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #920 Posted: Mon Oct 16, 2017 10:00 pm Post subject: |
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Have exited at Rs 1 (5000 ) profit since holding 208
And interested in gold and silver tomorrow |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #921 Posted: Tue Oct 17, 2017 7:03 pm Post subject: |
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gold short underway ......CMP 29660/40
Silver short underway .... CMP 39960/30
Trading the fringes
Can be risky ... Make own decision |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #922 Posted: Tue Oct 17, 2017 8:53 pm Post subject: |
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amitagg wrote: | gold short underway ......CMP 29660/40
Silver short underway .... CMP 39960/30
Trading the fringes
Can be risky ... Make own decision |
Winning streak albeit few continues........
Gold Rs 9000/ lot CMP 29575
Silver 39750 Rs 6000/ lot profit
Exited most and all silver ( do not know exact level for profit taking )
For gold a lot or so pending trailed to cost with target of 29480 |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #923 Posted: Sun Oct 29, 2017 9:54 pm Post subject: |
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Your view on crude. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #924 Posted: Mon Oct 30, 2017 8:21 pm Post subject: |
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AMBY wrote: | Your view on crude. |
sorry just noticed your yesterday's post ... Was not motivated to post regularly
( I traded 20 lots on last Friday for 50K profit and 4 lots today for 9K profit - can send screenshot if Welgro/ Niftyman etc so desire thru/ to private channel - for fee of Rs 1000/-)
( why I am getting into such discussions because of Nifty posts
)
Amby- crude is a buy but approaching a expanding triangle resistance.......
Buy trigger above 3435 on Friday had a minimum 100 point target which was achieved today.....( I earned only 25 points on Friday out of 100 anticipated)
So what should I say, CMP 3509 high 3540
Buy above 3548 /50 to target another 25 points ( trade 1 possibility)
Wait for breakdown below 3470 to be confirmed by fall below 3436 ( as per current projection which can change tomorrow) for selling
Don't sell this week.. Try something else for selling if you have to.... EVEN if it seems to fall any time..... |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #925 Posted: Mon Oct 30, 2017 10:04 pm Post subject: |
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Thanks for update and caution on sell.
I liked your indepth post.
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #926 Posted: Thu Nov 02, 2017 10:01 pm Post subject: |
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As can see it duly moved 24 points instead of 25 points posted below so level worked near precisely
As can see it held 3470 and low was 3480-85 yesterday and CMP 3510 so this level also came into play and held
No trade for me done
next move is undecided
No trade for me in the interrugum |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #927 Posted: Fri Nov 03, 2017 8:03 am Post subject: |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #928 Posted: Fri Nov 03, 2017 4:37 pm Post subject: |
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next week I am expecting a clear trade in crude if breaks below 3480 .... Otherwise it's still bullish and CMP 3544 is good basing for next upmove
And possibly trigger for BUY trader in gold and silver ( yes not sell)
Loosen your purse strings and be ready to alight
These are just advance set ups
( let copper zinc Alu be sideways and consolidate while nickel let it gyrate volatility wise)
( nickel should have completed one leg of uptrend at 844 and now can be sideways to down.... I would not short inspire of that due to past strength shown. |
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AMBY Yellow Belt
Joined: 05 Sep 2014 Posts: 503
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Post: #929 Posted: Sat Nov 04, 2017 9:23 pm Post subject: |
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Thanks, |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #930 Posted: Tue Nov 07, 2017 5:24 pm Post subject: |
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amitagg wrote: | next week I am expecting a clear trade in crude if breaks below 3480 .... Otherwise it's still bullish and CMP 3544 is good basing for next upmove
And possibly trigger for BUY trader in gold and silver ( yes not sell)
Loosen your purse strings and be ready to alight
These are just advance set ups
( let copper zinc Alu be sideways and consolidate while nickel let it gyrate volatility wise)
( nickel should have completed one leg of uptrend at 844 and now can be sideways to down.... I would not short inspire of that due to past strength shown. |
So gold and silver are now buys 29425 / 39750 .....as anticipated last week to trigger buy trade even as they were falling in price.....
Don't over leverage . Maintain normal quantity for this one ( since one whip at time of reversal is possible)
Since system is on, I am in
Target 29650/40400 (or as per own system with minimum Rs 12000/15000 for silver keep and Rs 15000/20000 for gold per lot). Can use Wide SL of 29100 and 39150.....
It should fall quickly by tomorrow end to hit the stop or hit the target .....
( note price is just on brink but based on system I have entered ... U can also watch a little and buy a little higher) |
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