Crude Oil Trading

Varun Ji, other than the Doji bar , everything is bullish at that point, what made you go for a short sir?

Not only the Doji, the resistance at the revisit to the 11:00 AM OBV line is what clinched it. I did not take the trade but this fact which i have also marked on the charts and the small SL would have prompted me to go short. Wish full thinking at this point.

I resisted my temptation twice to go long , one around 3370 and then 3350. Just because of OBV and USD INR. Will step aside totally for rest of the day.


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And none expected this reversal today, specifically after the syria attack, and this is not a retracement


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Tuna ji i am rueing the fact that not only did i not take this trade but also so many adds as per my chart. I could have accompanied you to Goa.

Remaining 25% also booked at 3330, holding nothing now

Awesome, fade the gap totally


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Hi Varunji,

This is one of the good method i have come across, though i am not trading this method but obeserving it crude. Per my understanding the short in 1 min triggered as per obv at 3388 & sl was 95 . And good thing is you get many opertunities to keep adding as trend progress.

Biginers can learn this method very quickly & master it.

Yes Bullshare ji. I love trading my charts. thanks.

Dear checkmate,

In the market there are 2 types of traders , small fishes and Sharks.
We small fishes hear the news after it happened or published so we react. In other hand Sharks know those events well before.

If you see last 1 week or so crude was going up up up.. Both intraday & positional they were long & today was a climax (kinda) to eat us.

So , any kind of news ( most of the time) that is going to happen is already reflected in the price.

And i am just wondering whether Tuna was a fish or Shark:lol: