Crude chart trading levels

[Stock trendy]

2647 res...
2572 sup

 

[arsh22g]

Hi Stock Trendy

How do you calculate the range lines (horizontal green and red ones) as in first page of this thread?

 

[Stock trendy]

Stretch Breakout Channel - indicator for MetaTrader 4 free download for MT-4

pic upload

 

[chinna.232]

Levels for today
PP: 2607
S: 2582,2557
R: 2641,2675,2700

previous day's O: 2540, H : 2656 ; L :2538 ; C: 2625

 

[Stock trendy]

45$..Res..

 

[Stock trendy]

expect price to move 2980..3095
sup.. at 2660..2580

 

[chinna.232]

Any news today...why did the price move all of a sudden at 8PM? Any reason for strong uptrend apart from technical ?

 

[Stock trendy]

Pivot..2495..
res..2530..2556..2582
sup..2469..2643..2626
i said it before it's very difficult (gap up/down sideways) to trade intra day..
yesterday price moved from Res. 1 broke Pivot and tested Sup.1 classic example for pivot trading.
positional entry made at 2450..day before still holding 50%
(ref..4hr chart positive breakout)
Avoid trading every day..if market is not giving chance for 2 3 days not an issue..wait for correct level to enter..it is easy to say very very difficult to do it practically..
to be a prof. trader need to develop skill..that requires tons of patience
good luck

positional entry made at 2450..day before still holding 50%
No need to look at every day news..:thumb:

 

[arsh22g]

Any news today...why did the price move all of a sudden at 8PM? Any reason for strong uptrend apart from technical ?

Russia and Saudi Arabia reached production cut deal.

 

[Stock trendy]

what will be the out come tomorrow after 8 pm..!!