Crude Oil Trading

[arsh22g]

You can check it here :

http://www.investing.com/economic-calendar/

PS : Entered counter short below 2990, SL not decided yet, ping pong before inventory can take away SL.

1/3rd at 2890, 1/3rd at 3000, TSL for full 2/3rd at 2980 now.

Update : Full position closed at 2945

 

[sherbaaz]

some weakness may come on 5 min time frame. its seems like a nascent level as off now. longs can be booked or tsl at place

distribution showed its hand!! writing was on the chart (5 minute tf).

 

[arsh22g]

Hey Sherbaaz,

Can you please point to some good online resource for understanding Accumulation/Distribution?

 

[suri112000]

Done two trades.

 

[sherbaaz]

Hey Sherbaaz,

Can you please point to some good online resource for understanding Accumulation/Distribution?

study Wyckoff. It requires considerable effort and time and not knowing about acc/dist does not make much difference.

if you are willing to put an effort and time study wyckoff.

regds,s

 

[cloudTrader]

Done two trades.

Bro.,

When you are taking 10 Quantity in Crude Mini then why not 1 in Crude Major if you are booking all the lots at the same time.

Also which Broker are you using for trading commodities ? The screenshot shows that the Order Book & trade Book are very well organised.

Thanks.

 

[suri112000]

One more trade.

Entered long at 2956 and booked at 2966.

Total three and all hit target.

 

[suri112000]

Bro.,

When you are taking 10 Quantity in Crude Mini then why not 1 in Crude Major if you are booking all the lots at the same time.

Also which Broker are you using for trading commodities ? The screenshot shows that the Order Book & trade Book are very well organised.

Thanks.

Sharekhan is the broker. Crude Mini has the less margin and crude major has more margin requirement. I am checking my skill with mini. Once I become comfortable with it, then I switch to major.

 

[cloudTrader]

Sharekhan is the broker. Crude Mini has the less margin and crude major has more margin requirement. I am checking my skill with mini. Once I become comfortable with it, then I switch to major.

Oh Thats good about the testing thing. :thumb:

I too use Sharekhan but my fault, I do not open this trade record page , just look at the BPL & Cash available in the terminal itself. I thought that I have seen something similar but couldn't recognize ..he ...he :lol:

 

[vijkris]

Oh Thats good about the testing thing. :thumb:

I too use Sharekhan but my fault, I do not open this trade record page , just look at the BPL & Cash available in the terminal itself. I thought that I have seen something similar but couldn't recognize ..he ...he :lol:

:lol::lol: u couldn recognise ur own terminal.. never mind. u came to know new features abt TT:thumb: