| View previous topic :: View next topic |
| Author |
Crudeoil Positional Analysis ~ Welgro Corner |
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
Post: #181  Posted: Tue Nov 18, 2014 10:19 pm Post subject: |
 |
|
Crudeoil :::: My loss History and 2014 trading journey
| Description: |
|
| Filesize: |
74.83 KB |
| Viewed: |
402 Time(s) |
|
| Description: |
|
| Filesize: |
142.83 KB |
| Viewed: |
378 Time(s) |
|
|
|
| Back to top |
|
 |
|
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #182 Posted: Tue Nov 18, 2014 10:54 pm Post subject: |
|
|
| Wonderful to see and if u can share some learning's besides chart reading (psychology, etc.) if it was relevant to the success [unless the trades were purely system based which seem NO despite your bands which went sideways during that time, given u have fabulous chart and pattern reading abilities.]
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #183 Posted: Tue Nov 18, 2014 11:35 pm Post subject: |
|
|
Have 1 lot Crudeoil short position... Now i carry this position.
Tomorrow (Nov2014 Contract ) Expiry date : 19NOV2014.
| Description: |
|
| Filesize: |
31.69 KB |
| Viewed: |
362 Time(s) |
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #184 Posted: Wed Nov 19, 2014 10:31 am Post subject: |
|
|
| $ Crudeoil ::: Made Low 74.04 !!! ..may be possible to some more low levels.(But need to hold current level)
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #185 Posted: Wed Nov 19, 2014 11:21 am Post subject: |
|
|
| Exited long CMP 4590... Placed SLSELL order at 4575
|
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #186 Posted: Wed Nov 19, 2014 5:08 pm Post subject: |
|
|
| welgro wrote: | | Exited long CMP 4590... Placed SLSELL order at 4575 |
updation for followers:
correction "short" exited at profit at CMP 4590....taken at 4660 - one lot (balance one lot gave 25 points already yesterday)
4575 short triggered.......
your system shall give buy at 4625/ 4630 again????
cmp 4619
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #187 Posted: Wed Nov 19, 2014 6:21 pm Post subject: |
|
|
Just now exited the position at cmp : 4629
Now i don't have any positions... Fresh positions (DEC2014 contract )will build tomorrow
Nov 2014 Contract Expiry day today.... [ Nov 2014 = NET +37,900 ][/u]
|
|
| Back to top |
|
|
kifs
White Belt
Joined: 22 Jul 2009
Posts: 26
|
| Post: #188 Posted: Thu Nov 20, 2014 2:26 pm Post subject: |
|
|
any view on crude oil
| welgro wrote: | Just now exited the position at cmp : 4629
Now i don't have any positions... Fresh positions (DEC2014 contract )will build tomorrow
Nov 2014 Contract Expiry day today.... [ Nov 2014 = NET +37,900 ][/u] |
|
|
| Back to top |
|
|
raj_jain1
White Belt
Joined: 14 Feb 2014
Posts: 63
|
| Post: #189 Posted: Thu Nov 20, 2014 2:40 pm Post subject: |
|
|
| welgro wrote: | | Crudeoil :::: My loss History and 2014 trading journey |
gr8 sir u have guts to show wat u r really losing or gaining..hats off to you.
sir can u tell me exactly that which strategy u r following for entry and tgt??
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #190 Posted: Thu Nov 20, 2014 3:45 pm Post subject: |
|
|
Crudeoil $ chart
| Description: |
|
| Filesize: |
71.7 KB |
| Viewed: |
340 Time(s) |
|
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #191 Posted: Thu Nov 20, 2014 4:39 pm Post subject: |
|
|
| raj_jain1 wrote: | | welgro wrote: | | Crudeoil :::: My loss History and 2014 trading journey |
gr8 sir u have guts to show wat u r really losing or gaining..hats off to you.
sir can u tell me exactly that which strategy u r following for entry and tgt?? |
In MCX Segment i am doing only crudeoil trading.
Strategy (i am using combine) : Moving average band (40) + trendline breakout (pattern) + Price actions (higher time frames)
In 2013 i think "How can earn 1 L /Month in crudeoil trading ?"
So, I plan to build " Pyramid style trading system" (Thanks to vinay.Bangalore, One who is teach me this trading plan)
Note : one who have a good strategy, average return 250 points/Month can try this systematic plan.
As per this plan i started trading in Jan 2014 Contract ...
Yesterday "Nov 2014" Contract expiry day... Asper yesterday's Profit i has reached 3 rd Stage.
|
|
| Back to top |
|
|
raj_jain1
White Belt
Joined: 14 Feb 2014
Posts: 63
|
| Post: #192 Posted: Thu Nov 20, 2014 5:00 pm Post subject: |
|
|
| welgro wrote: | | raj_jain1 wrote: | | welgro wrote: | | Crudeoil :::: My loss History and 2014 trading journey |
gr8 sir u have guts to show wat u r really losing or gaining..hats off to you.
sir can u tell me exactly that which strategy u r following for entry and tgt?? |
In MCX Segment i am doing only crudeoil trading.
Strategy (i am using combine) : Moving average band (40) + trendline breakout (pattern) + Price actions (higher time frames)
In 2013 i think "How can earn 1 L /Month in crudeoil trading ?"
So, I plan to build " Pyramid style trading system" (Thanks to vinay.Bangalore, One who is teach me this trading plan)
Note : one who have a good strategy, average return 250 points/Month can try this systematic plan.
As per this plan i started trading in Jan 2014 Contract ...
Yesterday "Nov 2014" Contract expiry day... Asper yesterday's Profit i has reached 3 rd Stage.
|
sir can u provide a simple example of entry and exit...and how to make 40 ma band??
|
|
| Back to top |
|
|
AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
|
| Post: #193 Posted: Thu Nov 20, 2014 5:38 pm Post subject: HI |
|
|
I AM INTERESTED IN LEARNING PYRAMID STRATEGY,
WILL YOU GUIDE ME,
THANKS ,
AMBRISH
|
|
| Back to top |
|
|
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
|
| Post: #194 Posted: Thu Nov 20, 2014 7:54 pm Post subject: |
|
|
| amitagg wrote: | | welgro wrote: | | Exited long CMP 4590... Placed SLSELL order at 4575 |
updation for followers:
correction "short" exited at profit at CMP 4590....taken at 4660 - one lot (balance one lot gave 25 points already yesterday)
4575 short triggered.......
your system shall give buy at 4625/ 4630 again????
cmp 4619 |
when I mentioned this yesterday....I thought u were using 50 band.....
what are rules for profit booking ....????
I think mere band clearance does not initiate a long trade unless swing high broken and vice versa....is it true or false?
only 15tf 40 band to be considered or some other combo in larger time frame......
do you use 5tf by any chance?
what is SL rule......?
|
|
| Back to top |
|
|
welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
|
| Post: #195 Posted: Thu Nov 20, 2014 9:42 pm Post subject: Re: HI |
|
|
In 2013 Depavali day, I met Mr.vinay at Bangalore. (He is my friend; find him in another one forum site)
We both are discussed lot of things about market and technical analysis aspect. He is very good in money management and trading discipline in his trading. Finally they provide me in one excel sheet.
His plan is start trading with 5L capital (Trading investment 2.5L). Expected 20% return /month.(only
they expected 96 points with 50 lots trade)
He is only doing banknifty and nifty options trade. His plan is monthly 10L earnings. (Almost he is very well planed, how to trade, what are they expected in this market and what is his final goal.)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Okay, after return my home. I chek my previous crude oil trading history. I got almost 200 points /month (average). So i plan to apply the same rule in crudeoil.
For testing purpose start crudeoil trade with 1L capital.
First stage target is 1000 points.(Per entry took 2 lots)
Well.market is good supported me,i achieved my first goal at Mar2014 contract.reached target at 04.03.2014..But i plan to start second stage after Mar2014 contract Expiry.
[18.03.2014 : i have 2,33,600 L ( 1 L is investment and 1,33,600 Profit)
plan to start trading with double qty (Per entry took 4 lots)(P/L calculated sprite leg)
--------------------------------------------------------------------------------
Second stage target is 500 points per leg.
Unexpected loss in first 5 trades..
So added additional margin Rs.1 L in my trading account (date : 24.03.2014)
placed payout [additional margin Rs.1 L] date : 17.09.2014
[17.10.2014 : i have 3,38,600 L ( 1 L is investment and 2,38,600 Profit)
---------------------------------------------------------------------------------
Third stage target is 350 points per leg.(Per entry took 6 lots)
[18.11.2014 : i have 4,38,600 L ( 1 L is investment and 3,52,300 Profit) ]
-----------------------------------------------------------------------------------
Today plan to start 4 th stage: Target is 250 points per leg .(Per entry took 8 lots)
Still i am not took first trade...waiting to good start....
Last edited by welgro on Thu Nov 27, 2014 9:54 pm; edited 2 times in total |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
