| View previous topic :: View next topic |
| Author |
Crude Oil Trader |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
Post: #946  Posted: Wed Nov 08, 2017 7:46 pm Post subject: |
 |
|
| amitagg wrote: | | amitagg wrote: | | In NG again |
Trailed to cost 205.4 |
Very close to CMP ... Inventory at 9 |
|
| Back to top |
|
 |
|
|
|
Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
|
| Post: #947 Posted: Thu Nov 09, 2017 3:33 pm Post subject: Thank you |
|
|
Dear Amitg thank you for detailed explanation yesterday silver making a high today opened down can again position in silver can be taken keeping yesterday's low as sl coz you said above 4p k multi lot entry can be taken
Thanks regards
ABHI |
|
| Back to top |
|
|
Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
|
| Post: #948 Posted: Thu Nov 09, 2017 5:29 pm Post subject: Zinc |
|
|
| Zinc heading down down to 202/201 levels or still side ways |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #949 Posted: Thu Nov 09, 2017 6:46 pm Post subject: Re: Thank you |
|
|
| Abhijadhav79 wrote: | Dear Amitg thank you for detailed explanation yesterday silver making a high today opened down can again position in silver can be taken keeping yesterday's low as sl coz you said above 4p k multi lot entry can be taken
Thanks regards
ABHI |
No I meant that day itself . Still bullish though and can hit 40400/40200 stop if having position is 39400
CMP 39780
One rule helped me to skip the trade which I shall discuss later |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #950 Posted: Thu Nov 09, 2017 6:51 pm Post subject: Re: Zinc |
|
|
| Abhijadhav79 wrote: | | Zinc heading down down to 202/201 levels or still side ways |
Metals are sideways ... Can deceive at fringes... Meaning support break can be whipsawed and similarly for upside breaks
Zinc otherwise is ABOVE support of 206.....
Copper broke but now above
Nickel yet to see / study
Aluminium - buy the dips always and have multiple entries at each lower level
( trade one side)
NG 207.7 CMP should hit 210/211 ( or little lower but profitable trade expected)
Now stop would be lower still and so quantities have to be reduced
For those in, it's a profitable trade already since posted at 205.... For me I had to do little differently and you guys are better positioned ..... |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #951 Posted: Thu Nov 09, 2017 7:16 pm Post subject: Re: Zinc |
|
|
| amitagg wrote: | | Abhijadhav79 wrote: | | Zinc heading down down to 202/201 levels or still side ways |
Metals are sideways ... Can deceive at fringes... Meaning support break can be whipsawed and similarly for upside breaks
Zinc otherwise is ABOVE support of 206.....
Copper broke but now above
Nickel yet to see / study
Aluminium - buy the dips always and have multiple entries at each lower level
( trade one side)
NG 207.7 CMP should hit 210/211 ( or little lower but profitable trade expected)
Now stop would be lower still and so quantities have to be reduced
For those in, it's a profitable trade already since posted at 205.... For me I had to do little differently and you guys are better positioned ..... |
Have hit 209.4 - book one set |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #952 Posted: Thu Nov 09, 2017 8:20 pm Post subject: Re: Thank you |
|
|
| amitagg wrote: | | Abhijadhav79 wrote: | Dear Amitg thank you for detailed explanation yesterday silver making a high today opened down can again position in silver can be taken keeping yesterday's low as sl coz you said above 4p k multi lot entry can be taken
Thanks regards
ABHI |
No I meant that day itself . Still bullish though and can hit 40400/40200 stop if having position is 39400
CMP 39780
One rule helped me to skip the trade which I shall discuss later |
Fell from 39900 to 39450 but held 39400
Not sure how long
Buy again if 40000 crossed ( without break of 39400) its more certain to go higher ..... Can have BUY SL bids above 40050.......
If 39400 hits, the buy trade would not trigger and cancel the orders |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #953 Posted: Thu Nov 09, 2017 10:12 pm Post subject: |
|
|
Revised NG stop is raised to 206 . Hope this helps
CMP 208.4
High 209.8 just short of 210/211
Can hit 213 |
|
| Back to top |
|
|
Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
|
| Post: #954 Posted: Fri Nov 10, 2017 8:02 am Post subject: Thank tou |
|
|
Dear amitg thank you for a point wise clarification and explanation this should help everyone wanted to enter ng at 205.5 to 206 but didn't as you rightly said and pointed out sl was big anyways waiting for the next opportunity now
Thank you
Abhi |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #955 Posted: Fri Nov 10, 2017 6:07 pm Post subject: |
|
|
| amitagg wrote: | Point is wild move likely to come intra day and in day or two..... There can be sharp upward spike
Only point is commodities like metals were down and crude consolidating
NG can surprise on upside ..... Let's see
SL is 198 only so a distance away hence need for caution
Committed target is 210/211
UNcommitted target is 223 |
Committed target is done  |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #956 Posted: Fri Nov 10, 2017 6:13 pm Post subject: Re: Zinc |
|
|
| amitagg wrote: | | Abhijadhav79 wrote: | | Zinc heading down down to 202/201 levels or still side ways |
Metals are sideways ... Can deceive at fringes... Meaning support break can be whipsawed and similarly for upside breaks
Zinc otherwise is ABOVE support of 206.....
Copper broke but now above
Nickel yet to see / study
Aluminium - buy the dips always and have multiple entries at each lower level
( trade one side)
NG 207.7 CMP should hit 210/211 ( or little lower but profitable trade expected)
Now stop would be lower still and so quantities have to be reduced
For those in, it's a profitable trade already since posted at 205.... For me I had to do little differently and you guys are better positioned ..... |
Can see how zinc moved up to 213 now since was above support and that was highlighted in CAPS font
It needs to still break 215 to be slightly bullish ..... |
|
| Back to top |
|
|
Abhijadhav79
White Belt
Joined: 18 Sep 2016
Posts: 53
|
| Post: #957 Posted: Mon Nov 13, 2017 6:17 pm Post subject: Yes |
|
|
Yes true gone down again up silver also broke 39400 what's the view now.
Thank you
Abhi |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #958 Posted: Tue Nov 14, 2017 8:31 pm Post subject: Re: Zinc |
|
|
| amitagg wrote: | | Abhijadhav79 wrote: | | Zinc heading down down to 202/201 levels or still side ways |
Metals are sideways ... Can deceive at fringes... Meaning support break can be whipsawed and similarly for upside breaks
Zinc otherwise is ABOVE support of 206.....
Copper broke but now above
Nickel yet to see / study
Aluminium - buy the dips always and have multiple entries at each lower level
( trade one side)
NG 207.7 CMP should hit 210/211 ( or little lower but profitable trade expected)
Now stop would be lower still and so quantities have to be reduced
For those in, it's a profitable trade already since posted at 205.... For me I had to do little differently and you guys are better positioned ..... |
Metals and other are sideways as expected and waiting ......for the big killer one.....would it be on downside!? |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #959 Posted: Thu Nov 16, 2017 5:41 pm Post subject: |
|
|
It's been a while with up and down jugglary going on
( nickel was mentioned as "yet to study" in below post which moves one way down)
Rest preparing themselves....
( in between faced one whiplash in copper sold below 439 exited 442)
( crude missed the trade although it did not reach the target- some opportunity cost)
( lead was "afraid" and missed the down trade)
( aluminium behaving like expected but missing due to system constraints)
Gold and silver.... Let them work themselves out first
( hope for "tradeable....." Times soon!!!!!!) |
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #960 Posted: Fri Nov 24, 2017 9:25 pm Post subject: |
|
|
Copper buy above 452.7 target 458/460 stop 446
( SL buy bids required )
Yet to trigger
CMP 451.5 |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
