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New trading method in Crude |
pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #1 Posted: Tue Dec 31, 2019 1:03 pm Post subject: New trading method in Crude |
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Hi everyone
Its been a while since i posted in icharts forums....Have been doing lot of research and found a method that might be consistent in giving decent profits in Crude alone....
So posting what might be today's entries ...
Once the price reaches 4377 or below, place buy order @ 4377.....tgt 4420....sl....4353
if Sl triggers, reverse your position with tgt 4325...sl 4377...
If price reaches 4424 or above, place sell @ 4421, sl...4456....tgt 4377....
if SL breached @ 4456, buy @ 4456, tgt 4470/4486 |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #2 Posted: Tue Dec 31, 2019 10:02 pm Post subject: |
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Buy hit SL and short reach target which is the exact low of the day so far...net points -24+28=4points |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #3 Posted: Tue Dec 31, 2019 10:29 pm Post subject: |
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pavan29 wrote: | Buy hit SL and short reach target which is the exact low of the day so far...net points -24+28=4points |
Buy triggered again and gave 43 point gain...net 47 points for the day |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #4 Posted: Wed Jan 01, 2020 12:57 am Post subject: |
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Hi pavan29,
Well done,but what is the method? |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #5 Posted: Wed Jan 01, 2020 10:16 am Post subject: |
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Today's levels....
Buy @4357 only when price goes below 4356....tgt 4418...sl 4322
Sell @4322 tgt 4278 SL 4357
If price goes above 4416, sell below 4404...tgt 4376 SL 4457
If sl hits buy above 4457 tgt 4485 SL 4414 |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #6 Posted: Wed Jan 01, 2020 10:20 am Post subject: |
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pavan29 wrote: | Today's levels....
Buy @4357 only when price goes below 4356....tgt 4418...sl 4322
Sell @4322 tgt 4278 SL 4357
If price goes above 4416, sell below 4404...tgt 4376 SL 4457
If sl hits buy above 4457 tgt 4485 SL 4414 |
Most likely it's going to be a range bound day..one can book small profits as market closes by 5pm |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #7 Posted: Thu Jan 02, 2020 10:50 am Post subject: |
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pavan29 wrote: | Today's levels....
Buy @4357 only when price goes below 4356....tgt 4418...sl 4322
Sell @4322 tgt 4278 SL 4357
If price goes above 4416, sell below 4404...tgt 4376 SL 4457
If sl hits buy above 4457 tgt 4485 SL 4414 |
Same levels valid for today... |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #8 Posted: Thu Jan 02, 2020 11:33 am Post subject: |
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chandrujimrc wrote: | Hi pavan29,
Well done,but what is the method? |
Hi this is quite complex...uses multiple technical analysis... |
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Niftyman White Belt
Joined: 22 Mar 2015 Posts: 340
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Post: #9 Posted: Thu Jan 02, 2020 8:16 pm Post subject: |
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pavan29 wrote: | chandrujimrc wrote: | Hi pavan29,
Well done,but what is the method? |
Hi this is quite complex...uses multiple technical analysis... |
good going
one should not disclose his method |
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chandrujimrc Brown Belt
Joined: 21 Apr 2009 Posts: 1683
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Post: #10 Posted: Fri Jan 03, 2020 8:27 am Post subject: |
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pavan29 wrote: | chandrujimrc wrote: | Hi pavan29,
Well done,but what is the method? |
Hi this is quite complex...uses multiple technical analysis... |
Ok,fine. |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #11 Posted: Fri Jan 03, 2020 3:16 pm Post subject: |
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No suggestions today based on my method as the price opened too gap up... |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #12 Posted: Tue Jan 07, 2020 11:17 am Post subject: |
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Todays entry:
If price crosses 4497, buy crude @4507, tgt 4570...sl 4453...
if sl hits, reverse and enter with tgt 4425,4408 sl 4507 |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #13 Posted: Wed Feb 12, 2020 5:23 pm Post subject: |
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Today , sell once price hits 3631, with sl 25 points and tgt 25 points... |
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pavan29 Green Belt
Joined: 26 Jun 2012 Posts: 1047
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Post: #14 Posted: Wed Feb 12, 2020 5:29 pm Post subject: |
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Sold crude @ 3725 , as 3631 was already touched in morning and bounced off.
Kept sl @ 3658, tgt 3606 |
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