Crude Oil Trading

[sherbaaz]

seems like sideways move may continue till afternoon session today Action intra day basis may come in evening session.
key market event (KME) today will be US crude oil inventories at 8:00 pm.If any other KME is there today plz share.

regds,
s

 

[akashtylor]

i don't think crude oil is going to low till next meeting for production.. doha meeting fails but cl is in hope of next meeting which will be on may so i am now in bull mood till next meeting.....

 

[kuldeep72]

seems like sideways move may continue till afternoon session today Action intra day basis may come in evening session.
key market event (KME) today will be US crude oil inventories at 8:00 pm.If any other KME is there today plz share.

regds,
s

People busy in counting money today... :clap::lol:

 

[sherbaaz]

morning and afternoon sessions may give good 30-40 points on most days in intra. good thing is volatility is low so wild spikes are not there and risk is also less.

 

[kuldeep72]

morning and afternoon sessions may give good 30-40 points on most days in intra. good thing is volatility is low so wild spikes are not there and risk is also less.

Exiting below 3.30 PM bar low. Will re-enter later, if stopped out

 

[suri112000]

Long @ 2995.....will book at 3005

SL not yet decided.

 

[arsh22g]

Was not able to trade today, missed a 20 odd point trade.
Trend up, but bearish divergence on 1 hour stochs, short possible if goes below 44.82/2989.

 

[nirav_j]

havent seen such limit order qty in a LONG time.

 

[amitagg]

After inventory it would hit 3023/3050/3086/ 3125 . Be prepared even for last level ( today or this week) if 3025 sustains for some time intraday

Cmp 2993 ( realistic booking level 3015-3030)

Negative data would be spoiler for co fusion and whipsaw.... Otherwise clear bull trend forseen

As expected it closed 2937 ( 2938 was level) and gap above confirmed the uptrend ( assuming closes above 2938 today)

 

[amitagg]

Long @ 2995.....will book at 3005

SL not yet decided.

Do you define or identity trend and have multiple systems in trending or sideways markets as case may be or stick to just one!