Crude Oil Trading

Discussion in 'Commodities' started by TraderRavi, Jan 19, 2016.

  1. TraderRavi

    TraderRavi Well-Known Member

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    crude does not follow pattern, TA as good as nifty but ,
    1) it gives large moves in one direction , so if we are in that direction then money money otherwise no time in big loss
    2) it changes direction suddenly , like a very bullish move forming then vertical selling starts , crude oil is a beast :mad:
    I do not like crude oil trading as much as nifty but winter season timepass.
     
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  2. simplebuthard

    simplebuthard Well-Known Member

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    Thanks TraderRavi.

    Next month once opened the commodity acct, i will participate more in this thread.
     
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  3. TraderRavi

    TraderRavi Well-Known Member

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  4. simplebuthard

    simplebuthard Well-Known Member

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  5. simplebuthard

    simplebuthard Well-Known Member

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    The moment I started watching that chart, it makes low:confused: seems it didn't like me to welcome commodities. ;)

    Edit: but recovered now.
     
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  6. TraderRavi

    TraderRavi Well-Known Member

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    taken long @ 1984/$28.8 , bottom fishing again , if 28.5 breaks then will short march fut
     
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  7. Leonid

    Leonid Well-Known Member

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    :down: Lost thousands in a drastic overnight move on the downside.

    I am sick of my addiction for bottom fishing. :annoyed:
     
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  8. ganeshams

    ganeshams Well-Known Member

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    lost a lot doing that, now trend is friend, as saying goes money will be made not @ top/bottom but in between
     
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  9. TraderRavi

    TraderRavi Well-Known Member

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    wat have you done ? you have a long position around 2572 I think .
     
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  10. TraderRavi

    TraderRavi Well-Known Member

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    present position

    [​IMG]
     
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