87.50 as suggested few weeks back has done what it was supposed to do … lets see where the Support comes in next …
May
21
2010
21
2010
Apr
18
2010
18
2010
Crude Oil: 87.50 Resistance Zone
Crude Oil seems to have reacted well to the 87.50 Resistance we identified earlier. If the pullback continues from here, the first possible support is at around 77.88 where the Kijun-Sen has started turning Flat now.
Mar
4
2010
4
2010
Ichimoku Analysis: Crude Oil
Overnight gains in the Crude Oil price has triggered another debate on CNBC about whether we’ve got the Breakout in Crude Oil that market has been waiting for … I remain skeptical as you can see there is Kumo Cloud Resistance at 81.23 (exactly the HIGHEST recorded this week so far) and once we’ve been [...]
Feb
14
2010
14
2010
Ichimoku Analysis: Crude Oil and 75$ zone
Watchout for 75.00 zone on Crude Oil, we may see another Bearish run from there … Also keep an eye on USDCAD at the same time …
Jan
26
2010
26
2010
Trade Updates: Crude Oil
Another long term Trade I’ve been holding, this was a risky entry as I wasnt sure whether the Kumo Breakout was valid and it could also have gone back to the Flat Kijun-Sen but after having a look at the USD Index EW Count I decided to hold this one for little longer … no [...]
Jan
19
2010
19
2010
Ichimoku Analysis: Crude Oil – 18th Jan 2010
My view for Crude Oil …
Jan
13
2010
13
2010
Trade Updates: USDCAD’s upcoming moves
Chikou-Span’s next moves and specially the way it reacts against the Kijun-Sen Resistance will determine whether the current upside movement in USDCAD can survive or not …
Dec
22
2009
22
2009
Missed Trade: USDCAD Short
I wasnt trading this pair yesterday but looks like I missed a good opportunity for almost a 100+ pips trade …
Dec
20
2009
20
2009
Trade Updates: Gold and Oil Short Trades
Based on the Bias I published earlier for Gold and Crude Oil, I took these two Short Selling Trades. Already booked the Profits on Crude Oil but still holding few positions on Gold as it seems to be continously Bearish … Crude Oil seems to be getting on its feet again …
Dec
12
2009
12
2009
Ichimoku Analysis: Commodities updates 12th Dec 2009
Some updates for Commodtieis … Pay special attention to the Crude Oil’s Daily Chart …
Nov
16
2009
16
2009
Weekly Ichimoku: Commodities 16th Nov 2009
The Weekly Ichimoku outlook for Gold and Crude Oil for the week between 16th and 20th Nov 2009 … Gold: Expecting to Maintain bullish bias … We saw the highs of 1122 last week on a Weaker Dollar sentiment in market however 1125 has been a well identified Resistance Level for Gold since a long [...]
Nov
13
2009
13
2009
Intraday: 13th Nov 2009
Welcome to Friday the 13th anyways, here is the Intraday Bias I have: EURUSD to rise back to 1.49xx level after finding support at somewhere around 1.4850 USDJPY to continue rising to somewhere around 90.80 or lets make it 90.75 for safe side GBPUSD may have found a support at 1.6540, could rise back to [...]
Nov
7
2009
7
2009
Intraday: Short Crude Oil
Just took a Risky Trade by Shorting Crude Oil a little before the NFP release, however the trade was safe as it had a +1 point Stop Loss …
Oct
2
2009
2
2009
Trade Details: Sept – Oct 2009
As its becoming difficult to post charts for each trade, here is the Trading Journal for the Trades that I’ve either covered or currently open since almost last couple of weeks. Its been quite a nice run since the US$ has decided to come back and the market has provided clear signals about the direction [...]
Oct
1
2009
1
2009
Aug
30
2009
30
2009
Aug
20
2009
20
2009
Trading Idea: Shorting GBP
Update: 21st August 2009 – 12:00 GMT I’m once again looking for Shorting GBPUSD and also Gold Update: 20th Aug 2009 – 15:00 GMT Covered all my GBP Shorts and also the EURGBP Long. Time to sleep now, late night in Australia. Charts tomorrow specially for Crude Oil. Just a quick post to let everyone [...]
Aug
20
2009
20
2009
Trade Updates: 20th August 2009
Well, yesterday was quite an interesting day for USD and what we noticed was some resistance from the Major Currencies against the USD, however this was nothing like a surprise. If you scroll down few pages, you’ll find my post in which I mentioned that I was covering my Short Positions on Crude Oil as [...]
Aug
19
2009
19
2009
Covered: Crude Oil – 19th August 2009
I’ve covered the Short Trade I initiated earlier for Crude Oil at 70.43. There might be an Intraday uptrend for Oil today and if that happens it may bring some weakness for Greenback today. Strategy: Covered Short Trade for Oil, will look for next shorting opportunity once upside move is completed
Aug
18
2009
18
2009
Trade Entry: Shorting Crude Oil 18th August 2009
As discussed earlier, I’m shorting Crude Oil today but just not too sure about the potential duration of this particular trade. Will post a chart later sometime. Strategy: Shorting Crude Oil but caution suggested
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