Crudeoil Intradday Trades based on GANN Square 9 Strategy

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ashu1234

Well-Known Member
#571
#571
Dax Devil said:
There is no shorting. Too much buying in oct contract. Some fishy inside news that is giving upward bias.

disclaimer. I am positionally long in oct contract.
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Hii dax,
How you infer too much buying? As far as I can make assumption current rally is due to fed decision and some buying which might be seen on sep contract is simple rollover, apart from that nothing fishy.....

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Supply is coming on 47-48$ zone for a while. No news flow so far apart from coming inventory.
 
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umeshmandal

Well-Known Member
#572
#572
Have been enduring Crude trade since morning! Shorted crude at 3056, below 10:05 Candle, with 3066 as SL r !
Went down to 3053 and then moved upto 3064 ! Going nowhere, SL also not moving down ! :confused:
 
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ashu1234

Well-Known Member
#573
#573
umeshmandal said:
Have been enduring Crude trade since morning! Shorted crude at 3056, below 10:05 Candle, with 3066 as SL r !
Went down to 3053 and then moved upto 3064 ! Going nowhere, SL also not moving down ! :confused:
Click to expand...

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Yeah its looking short trade today, but I cant find a decent entry, will wait for some upside. No trades for sometime.
 
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ashu1234

Well-Known Member
#575
#575
umeshmandal said:
Now moving down, did a low of 3050, if it breaks 3050 shall keep target lower than 9 points ! Not sure though have lost patience almost ! :p
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Ha ha, yes, this is the worst time to trade. yahan se short ki to risk reward accha nahi milega. I will wait for afternoon or evening.
 
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