Tuna's Crude Recordbook

[NoviceStockTrader]

Tuna Bhai, Oil can test 48.35 and 46.85 usd. 54.40 super strong resistance on longer TF. On the daily you could 52 usd as price will tend to face rejection here. Good luck !!

In another month or two price should test 44.87. If it does please give me a shout

ps;I dont follow oil markets much. Just saw your post and checked the charts.

 

[Tuna]

54.5 zone , yes. But thats little deep from current price of 52 for Positional trading with decent size.


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[Tuna]

Just one trade today till now:

Shorted at 3519, TSL was hit at 3509 = +10, was targeting for a breakdown below 3470.

 

[Tuna]

Booked a -18 point loss on short

 

[Tuna]

And anyone mostly will do well by not going overnight short, we bounced twice from 20 DEMA on daily chart with long wick of rejection, many positional shorts are trapped. Once they start panicking we may test level near recent high. Only grace for the novice gap on daily chart from last high. Filling that wont be easy but again, anything is possible


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20 EMA Fool's system magic on trending proven once again since last 2 days. I was an ass to go short yesterday.


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[goldenedge]

Tuna

What happened? You're not trading oil?

 

[Tuna]

No man, will trade soon. Taking a much needed break


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[Tuna]

Shall be back soon guys. In mid of a cross-continental travel. Heading South-East for few weeks. If office works smoothen out in day 2-3, all the evenings will be lazy at the hotel. Just enough time for drilling crudes.

 

[Tuna]

+10 to start with on Long.

 

[Tuna]

+15 more, again on Long.