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  #61  
Old 8th November 2005, 11:03 AM
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Thumbs up Re: Crude oil - 08.11.2005

Hi all,

Yesterday one of our trade hit stop but other side was covered it well and no big effect on our net equity or trading performance . And market tested low of 58.60 which is close to projected final support @ 58.45

Now bears are in little more control as price still trading under 60.20 . For today look to short @ 59.80 <> 60.10 stoploss above 60.40 target 59.10 1st and attempt a small long @ 59.10 <> 58.90 stoploss below 58.60 target 59.65 1st and 60..40 next

Supports : 59.05 , 58.80 , 58.20

Resistance : 60.10 , 60.55 , 60.90

Happy Trading and Good lucks
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  #62  
Old 8th November 2005, 09:03 PM
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Thumbs up Re: Crude oil - 08.11.2005

Quote:
Originally Posted by amarnath
Hi all,

Yesterday one of our trade hit stop but other side was covered it well and no big effect on our net equity or trading performance . And market tested low of 58.60 which is close to projected final support @ 58.45

Now bears are in little more control as price still trading under 60.20 . For today look to short @ 59.80 <> 60.10 stoploss above 60.40 target 59.10 1st and attempt a small long @ 59.10 <> 58.90 stoploss below 58.60 target 59.65 1st and 60..40 next

Supports : 59.05 , 58.80 , 58.20

Resistance : 60.10 , 60.55 , 60.90

Happy Trading and Good lucks
closed the long entry @ 59.10 <> 58.90 @ 59.70 trgt met
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  #63  
Old 8th November 2005, 09:09 PM
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Thumbs up Re: Crude oil - 08.11.2005

Quote:
Originally Posted by amarnath
Hi all,

Yesterday one of our trade hit stop but other side was covered it well and no big effect on our net equity or trading performance . And market tested low of 58.60 which is close to projected final support @ 58.45

Now bears are in little more control as price still trading under 60.20 . For today look to short @ 59.80 <> 60.10 stoploss above 60.40 target 59.10 1st and attempt a small long @ 59.10 <> 58.90 stoploss below 58.60 target 59.65 1st and 60..40 next

Supports : 59.05 , 58.80 , 58.20

Resistance : 60.10 , 60.55 , 60.90

Happy Trading and Good lucks
short entry zone @ 59.80 <>60.10 filled and in trade now waiting to meet target
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  #64  
Old 8th November 2005, 09:52 PM
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Thumbs up Re: Crude oil - 08.11.2005

Quote:
Originally Posted by amarnath
short entry zone @ 59.80 <>60.10 filled and in trade now waiting to meet target
short entry target met 59.10 <> 58.80 projected support
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  #65  
Old 8th November 2005, 09:56 PM
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Thumbs up Re: Crude oil

For later session today stop hunter may trigger price to deeper support zone of 58.50 <>58.10 if price reach such level make agressive longs with stop loss below 57.85 and keep this entry as over nite trade if prefer swing trading
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  #66  
Old 9th November 2005, 11:02 AM
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Thumbs up Re: Crude oil - 09.11.2005

Hi all,


yesterday market was well in range that we projected and captured good pips from both long and short order

For today there is some considerable resistance @ 60.35 and 60.80 areas. so look to short @ 60.10 <> 60.40 area with stoploss above 60.80 target 59.60 1st and 59.20 2nd and if prefer to take a risky trade long on break of 60.20 stoploss below 59.95 target 60.80 1st and 61.20 2nd

* I personally prefer to take short call @ this levels but if short stp triggered take stop and reverse action today as there is crude oil inventories data there on US session

Range : 60.80 <> 58.40

Supports : 59.40 , 59.0 , 58.40
Resistance : 60.20 , 60.80 ,61.20


Happy Trading and Good lucks
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  #67  
Old 9th November 2005, 10:29 PM
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Thumbs up Re: Crude oil - 09.11.2005

Quote:
Originally Posted by amarnath
Hi all,


yesterday market was well in range that we projected and captured good pips from both long and short order

For today there is some considerable resistance @ 60.35 and 60.80 areas. so look to short @ 60.10 <> 60.40 area with stoploss above 60.80 target 59.60 1st and 59.20 2nd and if prefer to take a risky trade long on break of 60.20 stoploss below 59.95 target 60.80 1st and 61.20 2nd

* I personally prefer to take short call @ this levels but if short stp triggered take stop and reverse action today as there is crude oil inventories data there on US session

Range : 60.80 <> 58.40

Supports : 59.40 , 59.0 , 58.40
Resistance : 60.20 , 60.80 ,61.20


Happy Trading and Good lucks
exit short triggered trades 60.10 <> 60.40 @ mkt 59.85 and stand aside . comments later
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  #68  
Old 10th November 2005, 10:35 AM
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Thumbs up Re: Crude oil - 10.11.2005

Hi all,


Yesterday price action was well in expected range and made some pips but there was a scale in scale out trouble happended that reduced some considerable gains .For today attempt a tiny longs @ 58.55 < > 58.30 stoploss below 57.70 target 59.20 1st

Range : 60.25 < > 58.30

Supports : 58.55 , 58.10 , 57.70

Resistance: 59.10, 59.60 , 60.05


Happy Trading and Good lucks
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  #69  
Old 10th November 2005, 07:51 PM
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Talking Re: Crude oil - 10.11.2005

Quote:
Originally Posted by amarnath
Hi all,


Yesterday price action was well in expected range and made some pips but there was a scale in scale out trouble happended that reduced some considerable gains .For today attempt a tiny longs @ 58.55 < > 58.30 stoploss below 57.70 target 59.20 1st

Range : 60.25 < > 58.30

Supports : 58.55 , 58.10 , 57.70

Resistance: 59.10, 59.60 , 60.05


Happy Trading and Good lucks

Cancell all order and stand aside . Market very choppy
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  #70  
Old 10th November 2005, 08:42 PM
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Thumbs up Re: Crude oil

Enter a small long @ 57.60 <> 57.40stoploss below 57.10target open and will update later
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