My thought is crude is bearish. I know its oversold. But fundamental shows oversupply of crude oil in coming weeks. Till 1 week of Dec when OPEC meeting takes place bears may drag it down
I don't have any targets as of now... but I will keep buying.. profit = book. buy again on dips. keep searching sup levels.. TGT I expect is $ 43-44 initially.
NICKEL: Sold at 602.80 - Long Term Target 510
Sell on High Strategy in Nickel
my view on NG is very much bullish.. I traded long @ 154.30 to 155.30 later didn't traded. may hit 170-80-90 sry I cant post sl... I have already received warning msg from traderji.
crude agreed fundamentals are bearish. I would like to go long only.. and keep booking. buy dips..
nickel.. your target is Huge.. I was long at 616 s/l hit at 606 now no position.
my usual trading method.. is finalse a s/l buy or sell near it or appropriate levels keep booking.... rgt now I am in no mood to expect very much as I suffered copper fall N loss.
but copper nickel lead zinc I will go long.... when chart suggests. hrly or 4 hrly. will keep booking even minor profits.
BUT I WILL NOT SHORT any commodity except bullion overnight !
Right now crude dec booked at 2691 and bought again @ 2673.. will carry..