Tuna's Crude Recordbook

[varunkochhar]

Good Analysis.

 

[Tuna]

3513 is the Magic no.

Sell level in my view (Unless Inventory news is good for Bull) will be around 3520-30However if overnight close is below 3513, Crude is up for some real pain. Might be a bear-trap, but this is what I am finding from my chart. Close below 3513 will signify the last stage of the distribution

Anyways, don't take this as tips, trade your system plz

Shorted at 3528, booked +26 points , My favourite HFT Hunter setup, whoever read my Mahabharata post on that HFT game (posted long ago, guess lost it) , knows how it is done. Good Night guys, got 2 winners , more than enough.


Sent from my iPhone using Tapatalk

 

[Tuna]

Chalo ji overnight position ka bhi jarurat nahi pada , game over for all longs. Question - why was I bearish and why 3513-3515 zone I was marking for last line of defence for longs ? Answer is brief. Anyone ?


Sent from my iPhone using Tapatalk

 

[varunkochhar]

Wow what a trade. Was able to get 70 points below 3500. Great analysis.

 

[Tuna]

Booked +35 point on overnight position (short) and out.

 

[Tuna]

hit a jackpot, Booked +73 points on short and out at 3314. Was expecting a hold back at 3335 level, but anyways, who minds a larger profit.

Mugambo Khus hua !!

 

[Tuna]

10% in 2 days. Man this why traders love Crude. Way to go baby. But I guess 3251 is held, it is the temporary bottom for a bounce, let see.

 

[Tuna]

Got another +29 on contra (Long). Snapshot of last 2 trades today (excluding the overnight one), yielding more than 100 points:

 

[Tuna]

Chalo ji overnight position ka bhi jarurat nahi pada , game over for all longs. Question - why was I bearish and why 3513-3515 zone I was marking for last line of defence for longs ? Answer is brief. Anyone ?


Sent from my iPhone using Tapatalk

Let me answer. Few of you asked on PM how I managed to predict this. The only issue will be - My answer will be anything but brief. 2 charts shall explain everything.

1st one is the 'Timeless Cashflow System' based on Renco, which I posted earlier. It was showing troubling time and choppiness for last couple of weeks, where I went back to my cave and came back with the MTF ADX shield to fight this choppy sea of crude dealers and was doing right with a paltry 15-18 pointers most of the time.

However, a boring trend-dependent player without any extraordinary skill (# point, you don't have to be extraordinary to become profitable), will never take his eye off from the market for a trend on Primary degree, neither did I.

I posted last couple of week, that we are going through the distribution.

The first indication of sell off came on 2nd March.

But I wanted to be sure that this is not a fake. So switched my view to FC Band and was crystal clear that the Longs are vacationing in an island waiting for a Tsunami. And it was wise (as said) to miss first 10-15% of a rally or downslide.

Then yesterday, I noted the FLUID and imminent break of the Last line of defense.

Then there was no looking back. My tally since yesterday (all shorts except last one):

+21, +26 , +35, +73, +29 - I guess I did a fare job here. All Trades were with same size.

 

[varunkochhar]

Made another 100 points today as per my system in crude (more with adds which i cannot disclose) but great prediction Tuna ji. Hats off. (so more than 200points almost straight fall captured with Adds)