lots of supply above 57.50, hence holding my shorts

Exited at 3675 and shorted

3562 bought ,going, have to see when I will get exit signal

My favorite trading chart - RENKO - PRICE BASED

shorted 3592

My crude chart as of now

53.90 is price channel bottom. Bearish formation below that. I am still hopeful of my target 65.60

Price moves in India Nifty captured satisfyingly today

Two way bonus in INDIA banknifty today

3490 is my target now for my short

little over 100 pts profit on shorted crude yesterday, compare yesterdays chart posted.

shorted 3649 will exit at the buy signal

3546 buy signal entered

Trading Robot for Nymex crude

If anybody likes this indicator set up, I am willing to develop trading robot on MT4 platform for a recurring monthly fee with one month trial activation. Contact me at: crores285@hotmail.com

Crude Price moves contained in certain mathematical principles.

Earlier in my blog I explained how Gann calculation Target applied  and bottom found.
Now I will describe you:
42.04 low price.
Apply square root-6.4838 add 1.618 and square it =65.64.

You can find in 2009-10 price moves you can find 65.60 - 68.00 was the strong support.
This 65.60 -68.00 will become resistance now and might fall back to 56.00.

We have to watch.

I may settle on this indi.

50.40 is now the lowest price, it may not go below and I am looking at 65.60, may be many small corrections in between.

Crude might hit 65.60 - 66.00,at least keep 25% your longs for the target with your desired stoploss( 53.95)

3410-3412 key resistance

Past few days busy with my other works, no trading, working on trading systems.

superb 3$ move