Crude, gold and Silver signals and update!!

[deepakkukrety]

exiting silver at 45200 here with 250 points gain..will wait for further signal...however major trend still is short..

 

[deepakkukrety]

Still holding my longs in crude at 6040 with stops at 6005...

Fresh Call: SELL silver Nov here at 45010 stops abv 45400 for an open tgt...

 

[deepakkukrety]

Add more crude here at 6022...av price now 6031..revised stops at 5985....

 

[deepakkukrety]

There is a nice bullish flag in crude hourly chart and I am confident tht it shud break out with sum big moves....worth taking a position here...

 

[crude trader]

Hello Deepak,

Crude made a low of 5984 hitting the SL and has recovered to 5992 now. Do we still see a possible uptrend coming up after this.

Note: I am not trading on this, just trying to learn.

 

[deepakkukrety]

The flag pattern failed....stops hit....94.20 is gud support...5924 is a gud support on mcx tht wud decide if bear wins or bull.... I am still holding my longs ...nxt support comes at 5940-50

 

[deepakkukrety]

BUY crude here again at 5970 stops at 5930 for an open target...

am continuously buying crude despite stoploss hit..To justify this I will post a chart shortly...MUST BUY ..

 

[deepakkukrety]

As one can see in weekly line charts...crude has taken support on the trendline very nicely...moreover one can see oscillators in oversold zone and ready to crossover.... Hence a gud positional buy here with targets much higher..

 

[deepakkukrety]

AS I posted...crude jumped from 94.10 to 95.10 now....its always gud to look at longer term charts to avoid whipsaws.... ihv added more crudeinmy portfolio..all in all now m in green,...

We are long here from 5970.....

 

[deepakkukrety]

we hv 2*47= 94 points loss in last trade..

Net position in crude= 173-94= +79 points

silver = 820+250 = +1070 points


Net position: Silver short at 45010 (MTM +320 points)
Crude long at 5970 (MTM +20 points)