at 05:56 PM - Sep 30, 2016
Hi Long in crude with stoploss of 3139.
could not cross 4432 after my call and gave almost 100 points from 4382.
The Trend decider for the whole weak is 4382-4432.
it seems it will listen to you....
If we take out 4414-5 then all my targets would come.
SL hit in price sorry. (but not in OBV). In fact it led to a divergence trade where price made a lower low and OBV made a higher low.
Looking at 4432/4456/4481+ by tomorrow if SL not hit.
changing sl again to day's low as i feel i can take it positionally. Those who can afford loss of 20+ points only may lower the sl.
Not moving as per expectations so tightening stop to 4393.
Buy above 4405 for 4432. SL 4388
Sorry even i was not doing any analysis of crude, just my staff on it on my auto coded system
A big big day in crude for me in auto trade.
Have been busy of late. But i do try to update the prevailing trend. It was buy the dips till above 4395. (As that would have changed the trend)
Today's Buy levels are 4438-40. Above this can target 4500 today. SL would be 4395. So can even try buying the dips as near SL as possible. Below 4395 the structure would change.
Now 4500 can show today?
Just came to tell that do not remain short if we go above 4458-61 today or tomorrow.
Exited at cost. Will see tomorrow above 4460-65. Good Night.
TSL 4440. Actually earlier analysis of sideways was correct. Anyways will exit around 10:15 if it does not move.
Dicey trade as Volumes yet not broken out after the inventory. Once they break out then clear skies ahead for atleast 80-100 points.
TSL 4436 now.
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