Thursday, 19 November 2015

STATUS

Frankly  My family gathering for our Deepavali festival time and the quality time spent  made me to forget the postings and my trading.

Two I find crude oil prices in my platform and investing time or CME / trading view differ by atleast 2 % in this fall.

Three All the Negative News , Elliott people with their studies, Goldman Sachs confused me.

Four tired of indicators.

However I have to write  my inference on the price movement.

In short,

I do not see prices go below 37.75 US$.


I understand my target of 64.50- 65.50 is still intact.


On the contrary, if price breaks 37 barrier, the target is 26.65 - 26.90.


So the trade can be

Buy around 42 stoploss of 37.40 for 64.50,

If stoploss triggered ( 100 % not possible )


But contrarian call, Sell below 36.95 stoploss 40.20 for target of 26.90


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