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READING THE LINE [DAY TRADERS MIND] - FUTURES ONLY |
amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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Post: #1306  Posted: Thu Nov 27, 2014 8:49 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | | after all discussion below, eager and bought 2 lots @ 4500 (positional) |
bought many lots@ 4440.....
now waiting for 4366-4380....my final target |
added more at 4430 and ...... |
expect 4460-4470 today and expect 4380 also today may be......cmp 4430
any one buying???????????????
bad news from OPEC meet.....  |
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welgro
Brown Belt
Joined: 24 Sep 2012
Posts: 1784
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| Post: #1307 Posted: Thu Nov 27, 2014 9:07 pm Post subject: |
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amitagg ,
what is your trading plan ? first bought 4500 again averaged some at 4440...
But you expected 4366-4380.
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1308 Posted: Thu Nov 27, 2014 9:32 pm Post subject: |
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yes have bought at 4360-4380 also...
low 4305....should be respected.....
al SLs for long would have triggered........
I have added more....at lower levels.......
did not know when the rise can come......
climax already out.....
70 dollar done.....now should expect sanity and upmove......
may be wrong.... but 100-200 move up can come....cmp 4370
bought because cannot know when the rise can trigger......
for me all EW targets done for time being......now I have to be prepared for rise......I relying on this only......
lets wait and see.
equally sharp pullback can be had..... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1309 Posted: Thu Nov 27, 2014 9:49 pm Post subject: |
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| welgro wrote: | amitagg ,
what is your trading plan ? first bought 4500 again averaged some at 4440...
But you expected 4366-4380.
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timed badly..... a day before ...a day matters 
cmp 4320.... don't know why but still feel 4400 shall be hit....
I would not sell here.....dilemma...... |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1310 Posted: Thu Nov 27, 2014 9:58 pm Post subject: |
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| copy pasted the table Sir. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1311 Posted: Thu Nov 27, 2014 10:26 pm Post subject: |
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| SL is 2 consecutive closings below today's low |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1312 Posted: Fri Nov 28, 2014 12:14 am Post subject: |
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Markets can remain irrational more than we can be solvent - thumb rule
My EW counts and apparent chart picture is " screaming" this is final 5the wave from 4818 or 78 nymex .......
Also in this 12345 waves 1 is equall to wave 3 with wave 3 slightly longer than wave 1.
Also wave 5 have covered the distance of wave 0-3 from point 4. And also 1.618 of wave 1 or wave 3 therefore.
Suppliers will break if nymex is below 65 they say.
Every deep fall gets a EW pullback
When fundamentals go bad, EW turns up
I shall back myself . Have no other option.
66.4 was previous big candle top and therefore people had predicted 65-66 when it was 90. That's 150 points more to go from camp 4290.
Next monthly demand support is just starting from 4240.
The last of bulls will exit at such levels. I have to make a decision.
Profits all tbroughtout built the overconfidence to 1) trade and to 2) bear the loss. ( this could have been avoided)
Let's wait and see. Average is near 4410. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1313 Posted: Fri Nov 28, 2014 4:02 pm Post subject: |
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| amitagg wrote: | Markets can remain irrational more than we can be solvent - thumb rule
My EW counts and apparent chart picture is " screaming" this is final 5the wave from 4818 or 78 nymex .......
Also in this 12345 waves 1 is equall to wave 3 with wave 3 slightly longer than wave 1.
Also wave 5 have covered the distance of wave 0-3 from point 4. And also 1.618 of wave 1 or wave 3 therefore.
Suppliers will break if nymex is below 65 they say.
Every deep fall gets a EW pullback
When fundamentals go bad, EW turns up
I shall back myself . Have no other option.
66.4 was previous big candle top and therefore people had predicted 65-66 when it was 90. That's 150 points more to go from camp 4290.
Next monthly demand support is just starting from 4240.
The last of bulls will exit at such levels. I have to make a decision.
Profits all tbroughtout built the overconfidence to 1) trade and to 2) bear the loss. ( this could have been avoided)
Let's wait and see. Average is near 4410. |
holding...... it should rise to 4360 minimum ...then don't know...... bottom is 66.25 equi 4140...... before 200-300 point rise.....anticipation......trade as per "price" or anticipation.....but "confirmation of anticipation". |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1314 Posted: Fri Nov 28, 2014 4:02 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Markets can remain irrational more than we can be solvent - thumb rule
My EW counts and apparent chart picture is " screaming" this is final 5the wave from 4818 or 78 nymex .......
Also in this 12345 waves 1 is equall to wave 3 with wave 3 slightly longer than wave 1.
Also wave 5 have covered the distance of wave 0-3 from point 4. And also 1.618 of wave 1 or wave 3 therefore.
Suppliers will break if nymex is below 65 they say.
Every deep fall gets a EW pullback
When fundamentals go bad, EW turns up
I shall back myself . Have no other option.
66.4 was previous big candle top and therefore people had predicted 65-66 when it was 90. That's 150 points more to go from camp 4290.
Next monthly demand support is just starting from 4240.
The last of bulls will exit at such levels. I have to make a decision.
Profits all tbroughtout built the overconfidence to 1) trade and to 2) bear the loss. ( this could have been avoided)
Let's wait and see. Average is near 4410. |
holding...... it should rise to 4360 minimum ...then don't know...... bottom is 66.25 equi 4140...... before 200-300 point rise.....anticipation......trade as per "price" NOT anticipation.....but "confirmation of anticipation". |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1315 Posted: Fri Nov 28, 2014 8:08 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Markets can remain irrational more than we can be solvent - thumb rule
My EW counts and apparent chart picture is " screaming" this is final 5the wave from 4818 or 78 nymex .......
Also in this 12345 waves 1 is equall to wave 3 with wave 3 slightly longer than wave 1.
Also wave 5 have covered the distance of wave 0-3 from point 4. And also 1.618 of wave 1 or wave 3 therefore.
Suppliers will break if nymex is below 65 they say.
Every deep fall gets a EW pullback
When fundamentals go bad, EW turns up
I shall back myself . Have no other option.
66.4 was previous big candle top and therefore people had predicted 65-66 when it was 90. That's 150 points more to go from camp 4290.
Next monthly demand support is just starting from 4240.
The last of bulls will exit at such levels. I have to make a decision.
Profits all tbroughtout built the overconfidence to 1) trade and to 2) bear the loss. ( this could have been avoided)
Let's wait and see. Average is near 4410. |
holding...... it should rise to 4360 minimum ...then don't know...... bottom is 66.25 equi 4140...... before 200-300 point rise.....anticipation......trade as per "price" NOT anticipation.....but "confirmation of anticipation". |
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High 4348 - I have no reason to doubt from a neutral perspective that a low has been formed today at 4228 and we shall see 4500+......or 71.5 nymex ( say 4450). Are there any buyers left .. All scared and its " completed EW set up" and five wave sequence up IF IT HAPPENS shall confirm the beginning of new uptrend.
If is does not form 5 wave up, then we are looking at 66.25 equi 4140. Price actin will be visible in next few days to tell
Deep reactions on downside shall come to confuse the trend which may still be down but may start to reverse sooner rather than later. |
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manohara
White Belt
Joined: 26 Oct 2014
Posts: 6
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| Post: #1316 Posted: Fri Nov 28, 2014 8:55 pm Post subject: |
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seems 4349 is high , and it may retrace till 4274 to 4256 range then reverse up ...
| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | Markets can remain irrational more than we can be solvent - thumb rule
My EW counts and apparent chart picture is " screaming" this is final 5the wave from 4818 or 78 nymex .......
Also in this 12345 waves 1 is equall to wave 3 with wave 3 slightly longer than wave 1.
Also wave 5 have covered the distance of wave 0-3 from point 4. And also 1.618 of wave 1 or wave 3 therefore.
Suppliers will break if nymex is below 65 they say.
Every deep fall gets a EW pullback
When fundamentals go bad, EW turns up
I shall back myself . Have no other option.
66.4 was previous big candle top and therefore people had predicted 65-66 when it was 90. That's 150 points more to go from camp 4290.
Next monthly demand support is just starting from 4240.
The last of bulls will exit at such levels. I have to make a decision.
Profits all tbroughtout built the overconfidence to 1) trade and to 2) bear the loss. ( this could have been avoided)
Let's wait and see. Average is near 4410. |
holding...... it should rise to 4360 minimum ...then don't know...... bottom is 66.25 equi 4140...... before 200-300 point rise.....anticipation......trade as per "price" NOT anticipation.....but "confirmation of anticipation". |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1317 Posted: Fri Nov 28, 2014 10:42 pm Post subject: |
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| yes exactly as you said....hit 4250....bought 2 lots 4260....stop 4140....target 4390 |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #1318 Posted: Sat Nov 29, 2014 4:18 am Post subject: |
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| amitagg wrote: | | yes exactly as you said....hit 4250....bought 2 lots 4260....stop 4140....target 4390 |
SL hit a long distance. |
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #1319 Posted: Sat Nov 29, 2014 11:37 am Post subject: |
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| Quote: | Post: #25 Posted: 27 Nov 2014 09:41 Post subject:
Quote:
Post: #12 Posted: 21 Nov 2014 23:07 Post subject:
jitna upar jaaye---
utna-- pian will come
for me its just short n short from 5220-- |
only one funda--- thoko thoko thoko
Crude babaji, band baj gai crude ki
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #1320 Posted: Sat Dec 06, 2014 10:33 am Post subject: |
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crude--short short n short
4318-- se again 4060 |
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