Crude Oil Trading

+10 more points , entry was early missed at least 10 more points. Closing for tonight. Money is important, but time for family is more important. Done here. Good night


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Nice kc u and tuna doing excellent in crude.for new people the charts bull share postings is a modifiied version of pivot method subhadip and vijay explained here.hes using more of 30 min flow here .

Explaining this furthur u have excellent clarity of thought (know pretty well what to do what not to do).this is a important trait beginners should focus on.also going for targets then increasing lots after achieving targets as u go higher is one of best ways of compounding in index and commo like crude.

Yeah. You nailed it - 'what not to do' - or when not to trade (e.g market is falling against trend, instead of taking short , you step aside and join the reversal with trend) - that stepping aside is the key. As they say defence is 10 times more important than offence.



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How do you determine trend?

Hes given it in earlier posts hes using minor pivots and stop and reverse on it more of 30 min flow . hes a very senior crude trader and doing pretty well with it since few years .hes trading on minor trend only .

Crude - 3284-3295 is the electric fence for Bull; if broken and sustain (close), we up for a straight drive (200-300 points) .

Till then Chop mode, lower level support 3240,20,10 (last).

yeah tuna, you are right. But, dont leave even choppy(jhand) market too. Even 15-20 points also matter.

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Agree , missed the DL already to enter long.


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