Thursday, April 10, 2014

CRUDE OIL-09 APRIL 2014




Crude oil Open in previous day range.
 After open there is range bound activity . Its Barbed wire. Breakout from barbed wire and pull back .but there is no space immediate above PDH. Then wait and watch only.
There is breakout failure of PDH.
Price is no more sustain in lower range and again inside of PDC &PDH.
my bias is BULLISH now . think about BUY trade .
1) BUY on BPB
2) EXIT @ Black mark there.

Price are not to go down and above PDH.
There is blue star ...Like SPRING nature immediate buying come that level .

looking for Buying opportunity. wait ....wait ...wait .....

there is CIRCLE ...looking for long trade but LOT of confusion ......then not dare to trade . and miss opportunity....:(...and ONEWAY mkt is UP...UP..UP..

Thank you .

Wednesday, April 9, 2014

CRUDE OIL -08-April-2014



I am practice DECISION POINT with Crude oil chart .
Crude oil 3min. intraday chart.
Today open GAP-UP but inside day with previous day range.
BOF of Previous day high. trade not taken cause of there is no space .Immediate RN & IRL .
1) SHORT below IRL & RN .
2) Cover it .
Waiting ....waiting.....waiting...
3) BO of PDH & IRH  .....BUY BPB ...Stoploss DP.
4)Scratch the trade.