Quotes with Resistance & Support
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Buy Crude Oil – Book profits at 89.70
Posted on: November 19th, 2012 at 10:40 am
Technically above 86 looks good. One can enter at cmp: 87.75. It can head upto 90-90.50 levels in near term. Has strong support near the 85-86 levels. – (Book profits at 89.70)
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cerulean Says:
November 26th, 2012
Posted at: 10:10 am
Hi SM, Yes it does thx.. My guess is -Zinc may go back to recent highs of 110..May I kindly have your feed back plz?
cerulean Says:
November 26th, 2012
Posted at: 11:46 am
Hi SM, In the coming week, market participants will be focusing on Monday’s meeting of the euro group of finance ministers to discuss unlocking Greece’s next aid installment.
Traders will also monitor developments surrounding the looming “fiscal cliff” in the U.S., approximately USD600 billion in automatic tax hikes and spending cuts due to come into effect on January 1.
There are fears the U.S. economy will fall back into a recession, unless a divided Congress and the White House can work out a compromise in the seven weeks left before the January 1 deadline.
cerulean Says:
November 26th, 2012
Posted at: 11:51 am
That was from forex pro news ... I know you dont follow news ..Tc :}
Sohan Says:
November 26th, 2012
Posted at: 12:32 pm
Hi cerulean, The US economy is in recession still. This is my strong personal view also.
There should be something credible in the following weeks to have a positive outlook.
I am still planning to short EUR/USD
Sohan
cerulean Says:
November 26th, 2012
Posted at: 12:54 pm
Hi CB, Hi SM, 26-Nov-12 5:00 PM Eurozone Euro-Area Finance Ministers to Meet on Greek Debt
27-Nov-12 5:00 PM United States Fed's Lockhart Speaks on Financial Stability in Berlin
Both are supposed to have negative impact..
cerulean Says:
November 26th, 2012
Posted at: 12:56 pm
Hi Sohan, Yes ...you could be right .All the best with your trade !!.There was a very interesting documentary on bbc world yesterday .. Forgotten the name ..all abt stockmarket .. May get it on you tube ..
cerulean Says:
November 26th, 2012
Posted at: 2:15 pm
Hi SM, May be it is a flag that we see now in crude [5mnts tf].. want to make progress in learning ..for the time you spent here teaching us ,during live markets ..Hope all is going well with you and your trades ..tc..
cerulean Says:
November 26th, 2012
Posted at: 8:30 pm
Hi SM, Hi CB, Tried to enter trades with out .. posting here ..Did not want to worry you both ..As I seam to be the only one trading here .[ and did not seam right to ask abt crude ... repeatedly ]
Take care .. have a nice day to morrow ..
Sohan Says:
November 27th, 2012
Posted at: 11:41 pm
Hi cerulean, Please post your views.
It is useful for all. I am usually seeing it.
Sohan
cerulean Says:
November 28th, 2012
Posted at: 12:02 am
Hi Sohan,I will try.. But am not good enough ..I try to combine with data of that day ..A kind of speculative trade ..I always ask SM ..OR CB..
Some times , by fluke mine works ,if at all..
Sohan Says:
November 28th, 2012
Posted at: 5:15 pm
Hello CB,
EUR/USD in good level to book profits or should I hold to target of 12850.
CMP of 12904 is good support also. Please let me know your opinion.
Sohan
CB Says:
November 28th, 2012
Posted at: 5:50 pm
Hi cerulean, good evening. still do not have any position in crude. shall take a call in 1-2 days. what are you holding? and please feel free to post here
Hi Sohan, yes, book for now I guess. may remain volatile.
cerulean Says:
November 29th, 2012
Posted at: 9:22 pm
Hi SM, Hi CB,Hope you you watched NG ..Look at the candle , At the stroke of 9pm..!!
cerulean Says:
November 30th, 2012
Posted at: 3:14 pm
Hi CB, GE!Hi SM, Yes , saw the chart . nice one ... THANKS A LOT
We lost the chance to scalp ..in time ..
cerulean Says:
November 30th, 2012
Posted at: 3:40 pm
Hi SM, Not entered any trade yet . There was a scalping opportunity again ..right now am Confused ... May be , you would suggest to wait till US opens ..
nagender Says:
November 30th, 2012
Posted at: 7:18 pm
Hi Cerulean.. any call on Crude ?