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| Discuss Crude Oil Futures and Crude Oil Options at the Energy within the Traderji.com - Discussion forum for Stocks Commodities & Forex; in a way , u meant to say renu that there is a range forming,as ... |
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#51
6th September 2008, 11:10 PM
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Re: Crude Oil Futures and Crude Oil Options
in a way , u meant to say renu that there is a range forming,as for me its also seeming so a expanding triangle, then expanding triangle represent a range with increasing volatility, and on hourly rsi forming a range also..... skip to the trade?, or like czar, trade with bullish bias,
p.s. i am not that familiar with expanding triangle patterns. 
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#52
6th September 2008, 11:13 PM
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Re: Crude Oil Futures and Crude Oil Options
Quote:
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#53
6th September 2008, 11:16 PM
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Re: Crude Oil Futures and Crude Oil Options
Expanding triangle is usually a bearish pattern, though this does not look like one, if it was it would be making HH & LL
Alex: Ji haa, new indicator... Bingo Asli signal, asli crisp & jumpy looks like the bears are testing which resistance will face the most support...
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#54
6th September 2008, 11:21 PM
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Re: Crude Oil Futures and Crude Oil Options
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NO EXPANDING TRIANGLE IS NEVER ONLY bearish,,, i said its expanding triangle... 1...the other indiactors showing pos div 2..triangle showing stiff res at 108. 3if u reverse teh diagram,,of exoanding tehn what will u view ,,czar!!! renu but my in total gasp is crude be long only above 108...
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#55
6th September 2008, 11:24 PM
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Re: Crude Oil Futures and Crude Oil Options
can u peopel give me the file of crud eintrday for few days,,,say 1week/2 week,,,to test on few indicators
renu for metastock
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#56
6th September 2008, 11:24 PM
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Re: Crude Oil Futures and Crude Oil Options
ya as I showed in the chart above the line looks good, should take 108.5 to avoid whip lash, we dont have any data renu, its all from sites we search... the Indian MCX data is IMO not helpful due to currency heavy fluctuation
dint get what you saying about expanding, cant see any hh ?
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#57
7th September 2008, 12:10 AM
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Re: Crude Oil Futures and Crude Oil Options
CZAR...this expanding triangle is bearish,,,,because its expansion is towards south...
u were rgt but on other hand other ind,, were moving up.. so but what i mean to say simply that exoanding triangkle can also be bullish if its expansin lien is towards north!!! renu
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| The Following User Says Thank You to renu daga For This Useful Post: | ||
alex_laxya (7th September 2008) | ||
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#58
7th September 2008, 12:20 AM
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Re: Crude Oil Futures and Crude Oil Options
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Either it shall recover from here or may test the 61.8% level around US $ 99. Next couple of days are tricky, and shall decide the trend. Cheers!
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#59
7th September 2008, 12:35 AM
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Re: Crude Oil Futures and Crude Oil Options
wait guys, stay tuned here, i am having very exciting news on crude, as i am nocturnal person,sometimes its helps,( to connect with the globe )if sleeping read on 2morw,m mid in convers. ... our confusion here on chart which is apparent might sort out
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#60
7th September 2008, 07:43 AM
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Re: Crude Oil Futures and Crude Oil Options
Quote:
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