Saturday 30 April 2016

Short gold 1322,1314,1305 stop 1331

7.881 36.36829 1322.65
8 36.24929 1314.01
8.118 36.13129 1305.47

stoploss
1047
32.35738
5.688355
0.351563 0.014063
6.039917
36.4806
1330.834

Friday 29 April 2016

US OIL ;

some thoughts:
two types of trading , volatility and trend.
by my trading experience , i am sure we cannot ride on both.
In that case, often I am caught in between these two.
Now with certain loss remembrances and how I missed my profits,
I have to come to a conclusion, that I have to look at the larger picture of the future trend
 and not to look at short term volatility.

Whether Doha talks fails or US keeping very large inventory, it didnt matter at all: if I
look at short term volatility,I have to concentrate on this.
At the same time, Oil producing countries are hit hard by low oil rates.
by some logical and political manipulation, they have to keep the prices to the level to sustain 
their economies.

Instead of having a bearish or bullish bias, if I move with the oil prices, there will not be 
big draw down in my account.

Then need to set up the indicator to show the real trend, no newspaper reports, big guys
analysis, elliott/ gann/harmonic, whatever the inputs that influences trading decisions.

Based on inputs, I tried to stick to basic MA, MACD, STOCH, RSI and CCI  to look at the trend.
MACD is lagging, STOCH,RSI either too fast or lag looks at volatility but CCI steady and follows the trend and not the volatility.

Out of available CCI indicators, I took MA / CCI ATR indicator and it looks promising to me.
PFA the chart and assess the merit of my article.

xtiusd: 240/18/0 MTF




Friday 15 April 2016

Monday 11 April 2016

Hedged trades; Guys switch to Hedged trades

All these years in futures trading my positions were naked and open with stoploss and target.
But I earn,lose,lose earn, process went on but my kitty was net loss to a small extent.

These trading strategies, indicators,elliott,fibonacci ,gann and harmonic patterns
never gave peace of trading and pleasure of earning until I switched to Hedged trades with my set up
in crude,

Hedged trades, I see myself not get panicked and I feel better now, I do not care whether the
prices go south or north.

More importantly I am fully satisfied with the confidence no loss of money,less work and the pleasure of trading is as intense as my bond with my family.

Must read: Written by Anna Vital

http://fundersandfounders.com/how-elon-musk-started/

Wednesday 6 April 2016

US OIL observation:

Fractal based trading gave better results than any other trading system I know

Tuesday 5 April 2016

US OIL : Demo trade on using Fractal

From March 18
SELL FRACTAL BUY FRACTAL
41.13 41.71
41.84 41.51 83.2 41.61 40.9 0.67 2 1.34 loss
82.97 41.49 41.9 0.4 2 0.83 loss
40.94 39.7 1.2 1.2 profit
41.9 41.39 0.5 1 0.51 loss
39.74
41.39 39.7 79.4 39.72 38.7 1.05 2 2.1 loss
39.76
38.85 38.67 39.1 0.42 0.42 loss
38.82
36.2 39.09 38.4 0.72 0.72 loss
195.02 39 36.31 2.7 5 13.5 profit 39.29 38.2 1.05 1.05 loss
4.21 loss 37.14 38.2 1.1 profit
37.14 37 0.16 0.16 loss 5.79
36.98 36.4 0.62 0.62 profit 2.92
As on April 04, profit 9.26 loss 2.87

My trade statistics ( trial )

20-Mar-16
Down trend:  Sell fractal Downtrend : Buy fractal
41.07 41.28
41.64 41.44
41.44 41.36 40.76 1.2 loss
39.76
163.91 39.14 40.76
40.9775 7.35 profit 39.53 1.23 profit
39.69 0.55 loss
39.05 39.53
38.24 39.37
38.15 39.45 38.33 2.24 loss
36.9
35.64 38.33 38.53 0.2 loss
187.98 35.53
37.596 2.07 8.866 gross profit 38.53 37.89 0.64 loss
1.47 gross loss
as on April4 7.396 net profit 38.3 37.57 0.73 loss 5.01
37.57 35.26 2.31 profit 3.54

Monday 4 April 2016

US OIL : As per earlier posting Set your targets,


You can now make your own call:
stoploss 37.57, go short at 36.12 for target of  33.03 and 30.37.

4.13 1.4 5.5 30.37 6.5 1.4 5.1 26.3
4.13 1.6 5.7 33.03 6.5 1.6 4.9 23.94
4.13 1.9 6 36.12 6.5 1.9 4.6 21.43
4.13 2 6.1 37.57

XAUUSD: 1204 - 1212 provides strong support as it is 1283 sqrt 1. awaiting crack below 1202 to look at 1152 / 1144 sqrt 2


XAUUSD;

High 8 of 1283 is peak 1920;
So 1283 will stand now as recent peak and act as strong resistance.

High 12 of 1012 is peak 1920
High 8 of 1012 is peak 1585
High 6 of 1012 is recent peak 1430.
High 4 of 1012 is recent peak 1282
High 2 of 1012 is recent peak 1144.

will continue further posting on this subject


My study US OIL


Sunday 3 April 2016

US OIL : set ur target points

4.13 0.1 4.2 17.97
17.05 4.13 0.2 4.4 19.05 42.39 6.5 0.2 6.3 39.37
4.13 0.4 4.5 20.35 6.5 0.4 6.1 37.56
4.13 0.6 4.7 22.54 6.5 0.6 5.9 34.72
4.13 0.9 5 25.1 6.5 0.9 5.6 31.69
4.13 1 5.1 26.31 6.5 1 5.5 30.37
4.13 1.1 5.2 27.54 6.5 1.1 5.4 29.07
4.13 1.2 5.4 28.78 6.5 1.2 5.3 27.82
4.13 1.4 5.5 30.37 6.5 1.4 5.1 26.3
4.13 1.6 5.7 33.03 6.5 1.6 4.9 23.94
4.13 1.9 6 36.12 6.5 1.9 4.6 21.43
4.13 2 6.1 37.57 6.5 2 4.5 20.35
4.13 2.1 6.2 39.04 6.5 2.1 4.4 19.29
4.13 2.2 6.4 40.52 6.5 2.2 4.3 18.27
4.13 2.4 6.5 42.4 6.5 2.4 4.1 17.05
4.13 2.6 6.7 45.52 6.5 2.6 3.9 15.15
4.13 2.9 7 49.14 6.5 2.9 3.6 13.18
4.13 3 7.1 50.82 6.5 3 3.5 12.33

US OIL : I guess smart money booking profits: but price going below 37.75, I have serious doubts that they are shorting oil,in that case we can see 23.94 as posted earlier.

My inflection point may be achieved in 2016

nifty