iCharts Discussions

[amitagg]

Silver after making base or low between 37500 and 37900 should rise 1000-1500 points

CMP 37900

chart based not system based

Buy in minor trend only when up or above any day's high going forward .....
Stop is 37400 ( due to whiplash spike down can monitor closely)

5-feb 2018

[amitagg]

Bought 37720
Stop 37400 target 38200 and 38600
Trade at own discretion since it is no system trade which missed postings for few days...

[amitagg]

If inventory is "worse" than "Positive deletion" of 5.5 M by API
Then we would see crude touching 3635 and Lower

CMP 3670
Low 3662

Trade big------ if

after inventory its above 3670 and
SL below day's low can be placed if low around 3650-3660 by that time
For above target and lower


Otherwise if it holds 3660 levels it can hit 3708 and if this resistance is cleared twice then 3735/54 again

.... More certain of downtrend if inventory is worse than ApI figures
..... Less certain of uptrend beyond 3708 even if it shows bullishness

Enjoy. ( with suitable SL in place and ability to bear the loss if it happens) ....since won't be able to update or post live

Just a general comment ( not related to above intra day trade posted)
Crudee... Is behaving well....for positional.... Only thing is my target for the bigger move happening since some weeks was 3970 /4000 and it reversed around 3800....so is there still to go up Or uptrend is done and we hit 3500/3330 back

[amitagg]

Nickel is a sell at 696-701 CMP 696 stop 722
Target 680

[amitagg]

[amitagg]

[amitagg]

Silver SL has been hit

[amitagg]

[amitagg]

lead is a current buy at 164.5 stop 161 target 168

CMP 164.6

NG is a better buy in larger quantities above 178.8 place SL buy order for target 184 levels stop 173

CMP 178.1

[amitagg]

Sold copper at 459.5
Stop 466
Target 454.5/453.5

Happy new year and let's profit again!!!!!

[amitagg]

Bought lead 163
Target 165.5
Stop 160

One of lead or copper could hit stop and have somewhat even effect
Let's hope both don't go.....

Have to trade the system

[amitagg]

Exiting copper at 460.5 and holding lead

[amitagg]

Both copper and lead trending opposite direction and as initially posted for short and long trade respectively

However had exited copper yesterday as posted

Now added up on lead .....taken at 163

SL revised to 161.5

(more defined or refined SL is 160.5 if trading a lot or two)

CMP 163.5

[amitagg]

SL revised to 162.6

[amitagg]

Crudee is reaching important resistance where shorters shall be punished .....since it has to look bullish and is bullish being early in time

CMP 3890 high 3903

It WILL touch 3945/3990 ( few points filters )

So tomorrow inventory possibilities

It falls back to 3850/3825 if bad and then would rise again to above 3870/3900 quickly

Inventory good and it's holding 3900-3917 levels in morning / evening trades tomorrow .... Then just after inventory it can hit 3945/3990

Overall it would not fall below 3770 before touching above levels

So just watch for big trigger above current high possibly .... And hold

All prognosis built in including PAST PRICE ACTION game which would repeat itself

However we (should) take trades only on system trigger.......
For instance for this week we buy above 3910 for 3945 /3990 target .....

Good luck and let's hope we don't miss the action due to gaps ......