Crude Oil Trading

[arsh22g]

Freaking untradable crude for past couple of sessions

 

[TraderRavi]

Freaking untradable crude for past couple of sessions

random up down moves :annoyed:, biggies are waiting for sunday meeting

 

[arsh22g]

No deal

http://www.wsj.com/articles/doha-dr...ze-at-january-levels-until-october-1460872822

 

[TraderRavi]

No deal

http://www.wsj.com/articles/doha-dr...ze-at-january-levels-until-october-1460872822

crude gap down more than 7% @37.6 , now 38.4

 

[TraderRavi]

No deal

http://www.wsj.com/articles/doha-dr...ze-at-january-levels-until-october-1460872822

any swing position you have ?

 

[TraderRavi]

lower circuit in opening in MCX :lol:

 

[arsh22g]

any swing position you have ?

lower circuit in opening in MCX :lol:

My initial short hit SL during the run-up. But had re-entered at average price of 2710.

I was travelling in a local village bus when market opened, was dumbfounded to see one side of the price ladder. Since I am travelling for next two days, decided to close just after the circuit relaxation. Got 2572 close price, was a little late in closing due to bad internet.

 

[vijkris]

ravi bhai, r u on vacation?

 

[vikas2131]

ravi bhai goes on vacation during winters

 

[vagar11]

There is too much randomness in commodities. I mean the wicks are too large crossing the support/resistance region then coming back and then again crossing the support/resistance region again in the very next bar.
Are you guys able to trade it profitably?