Technicals:
1. Trading 56.70 in premarket as of writing, up 31.50%
2. Price broken through all of its MA’s, and has established new highs in premarket
3. MACD is currently signaling bullish
Technicals:
1. Trading 12.30 in premarket as of writing, up 57.29%
2. Price broken through all of its MA’s, and has established new highs in premarket
3. MACD is currently signaling bullish
Welcome to the Compound Trading Swing Trade Report Monday Mar 5, 2017. $TAN, $WYNN, $NFLX, $AXP, $TWLO, $VRX, $GSIT. $ABX, $XME, $URRE, $RIG, $XLE, $SLX, $X.
Notices:
Good morning!
This swing trading report is one of five in rotation.
The reports are in the process of upgrades to include buy and sell triggers identified on charting of select instruments that are nearing trade set-ups. The triggers (price and / or other indicators) will also be set to alarm on our charting for attendees to the live trading room and alerts will flash on screen during live trading broadcast. Additionally, the triggers will be buy / sell points for our traders to use as part of the alerts members may receive.
If you need help with a specific trade and the specific trading plan for your swing trade set-up let me know and as I have time I can help you formulate.
When managing your trades with the reports keep in mind that you will have to invest an hour or two a week to check the indicators mentioned for buy and sell triggers.
Swing trading success, even with a service, does require “some” maintenance on the part of the user, although the new live alert service will take much of that burden off the user as we know many of our users have busy lives. It is the indicators lining up that signal a trade long entry or an exit. In our case rely heavily on MACD on daily or weekly (or Stoch RSI and Moving averages) but indicators we are basing our trade entry and exits on are listed with each trade so any user that does even moderate trade management will know when the indicator(s) have turn with or against the trade.
Intra-week you can always DM myself on Twitter or email with specific questions regarding trades you are considering for assistance. But it is critical that you attend to the maintenance of your signals at least once a week if not twice and set stops and preferably alarms so that intra-week you can enter or exit. If nothing else you can always book some coaching time and I’ll assist also (although we are at a point of waiting list for the coaching, at minimum you can get on list or for immediate help as I said please DM or email).
IF WE DON’T GET BACK TO YOU RIGHT AWAY it is usually because we are pressured with deadlines or are trading.
As live charts are made available below, click on link and open viewer. Then to use chart yourself click on share button at bottom right (near thumbs up) and then click “make it mine”.
To remove the indicators at bottom of chart screen (MACD, Stochastic RSI, Squeeze Momentum) double click on chart body to remove indicators from chart – and same to return the indicators.
If you receive a report and you are not subscribed to the specific service it is a complimentary issue provided to you.
Our apologies if you receive more than one copy – it means you are on more than one subscription list. We are working to resolve this issue.
Newer updates below in red for ease.
Recent Compound Trading Videos for Swing Traders / Charting Set-Ups:
Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.
Stock Pick Coverage:
$NFLX – Netflix
Mar 5 – $NFLX How to trade the move with price targets #swingtrading – see feature post link below for complete trade set-up details.
$NFLX How to trade the move with price targets #swingtrading
Jan 23 – $NFLX trading 248.07 in premarket post ER trade extended way above MA’s on daily. Wait for MA bounce structure to setup.
$NFLX trading 248.07 in premarket post ER trade extended way above MA’s on daily. Wait for MA bounce structure to setup.
Dec 15 – $NFLX trading 188.30 premarket under 20 and 50 MA with MACD that could turn up.
When price above 20 and 50 MA’s and MACD turns up this likely becomes a long trade. Will post buy/sell triggers as a trade nears. On high watch here.
$NFLX trading 188.30 premarket under 20 and 50 MA with MACD that could turn up.
Nov 21 – $NFLX trading 194.70 with MACD Stochastic RSI and SQZMOM trending down. Waiting for MACD turn to assess long.
$NFLX trading 194.70 with MACD Stochastic RSI and SQZMOM trending down. Waiting for MACD turn to assess long.
Oct 31 – Trading 198.10 with MACD turned down above all MA’s on daily. On watch for MACD turn up and decision.
Sept 13 – Trading 185.40 bounced off 50 MA on daily since last report. MACD is now up, SQZMOM up but Stoch RSI peaking. Will assess when Stoch RSI bottoms and turns again.
Aug 18 – Trading 166.10. Indicators all pointing down and sitting on natural support. Waiting for indicators to turn.
Aug 7 – Trading 180.46 after its post earning’s break out. MACD turned down and will wait for it and other indicators to turn up before considering an entry.
July 24 – Closed premarket 188.40 from 158.20. Will watch for a re-enter pending some ER considerations early this week. Sentiment is pensive imo. Could go either way in market – generally speaking.
July 12 – Trading 158.20. Will watch here over its 50 ma and if 20 ma is about to breach 50 with price above and other indicators line up I will alert an add.
July 5 – Trading 146.17. Long from 159.35 200 shares on the 26th of June. Unfortunately thats where it turned down and now MACD is near bottom. 200 MA however is at 135.35 and that is possible. Understand that when I take an entry it is normally no more than 1/5 sizing until a trade proves itself out so I can usually take the down draft if required.
June 26 – Trading 158.33.
$NFLX pull back may be over MACD could cross up with SQZMOM and Stoch RSI trend up.On watch and I may take a long entry in premarket today.
$NFLX pull back may be over MACD could cross up with SQZMOM and Stoch RSI trend up.
$GSIT
Mar 5 – $GSIT Trading 7.91 with indecisive indicators.
$GSIT Trading 7.91 with indecisive indicators.
Jan 23 – $GSIT Trading 8.38 with indecisive indicators up decent from mid Aug 2017 lows. Watching.
$GSIT Trading 8.38 with indecisive indicators up decent from mid Aug 2017 lows. Watching.
Dec 15 – $GSIT Trading 7.18 with MACD trending down. Will wait for a MACD turn for swing trade. Last report I stated that although the technical indicators appeared bullish that caution was warranted – the warning proved to be important as price did come under pressure. Now it’s a matter of allowing the chart to set-up for a long.
$GSIT Trading 7.18 with MACD trending down. Will wait for a MACD turn for swing trade.
$AXP – American Express
Mar 5 – $AXP Trading 95.74 with indications trending down. Looking for 200 MA test.
$AXP Trading 95.74 with indications trending down. Looking for 200 MA test.
Jan 23 – $AXP 50 MA support test with Stoch RSI near bottom and MACD trending down. Watching.
$AXP 50 MA support test with Stoch RSI near bottom and MACD trending down. Watching.
Dec 15 – $AXP trading 97.10 with indicators pointing down – watching for test and bounce of MA’s.
$AXP trading 97.10 with indicators pointing down – watching for test and bounce of MA’s.
Nov 21 – $AXP American Express trading 93.95 Stoch RSI at bottom turn up MACD turned down SQZMOM turned down under 20 MA trending.
Wait for the MACD to curl back up and assess indicators for a long at that time.
$ABX – Barrick Gold
Mar 5 – $ABX Trading 11.54 with poor indicators. Watching.
$ABX Trading 11.54 with poor indicators. Watching.
Jan 23 – $ABX trading 14.51 over 50 MA under 20 100 200 MAs. Stoch RSI near bottom. Watching.
$ABX trading 14.51 over 50 MA under 20 100 200 MAs. Stoch RSI near bottom. Watching.
Dec 15 – $ABX trading 14.20 with indecisive indicators on daily chart but this could be close to bottom (IMO).
$ABX tradig 14.20 with indecisive indicators on daily chart but this could be close to bottom.
$TAN
Mar 5 – $TAN trading 24.31 with indecisive indicators on the daily chart. Watching.
$TAN trading 24.31 with indecisive indicators on the daily chart. Watching.
Jan 23 – $TAN Solar ETF trending 20 MA test with Stoch RSI near bottom and MACD turned down. Watching.
$TAN Solar ETF trending 20 MA test with Stoch RSI near bottom and MACD turned down. Watching.
Dec 15 – $TAN trading 24.48 with MACD about to turn up. Likely swing trade this one soon long. On high watch here.
$TAN trading 24.48 with MACD about to turn up. Likely swing trade this one soon.
$VRX
Mar 5 – $VRX Trading 14.88 under 200 MA with all indicators trending down. Bearish.
$VRX Trading 14.88 under 200 MA with all indicators trending down. Bearish.
Jan 23 – $VRX trading 22.03 with Stoch RSI near bottom but MACD is turned down. Will wait for MACD to curl up. #swingtrading
$VRX trading 22.03 with Stoch RSI near bottom but MACD is turned down. Will wait for MACD to curl up. #swingtrading
Dec 15 – $VRX is on the turn and the mid quad horizontal lines are excellent entries and trim profits as you go. #swingtrading
Quad wall resistance recently hit and price came off – so pay attention to the quads (diagonal Fib trend lines)
$VRX is on the turn and the mid quad lines are excellent entries and trim profits as you go. #swingtrading
$TWLO
Mar 5 – $TWLO Trading 36.84 very bullish on weekly chart – waiting for pull back. Last report bullish bias was spot on.
$TWLO Trading 36.84 very bullish on weekly chart – waiting for pull back.
Jan 23 – $TWLO Trading 26.24 with Stoch RSI turned back up, MACD trend up, SQSMOM up and price over 20 50 MAs under 100 200 MAs.
This is actually not a bad set-up…. so I will watch.
$TWLO Trading 26.24 with Stoch RSI turned back up, MACD trend up, SQSMOM up and price over 20 50 MAs under 100 200 MAs.
$WYNN
Mar 5 – $WYNN Weekly chart says caution long as MACD is turned down even though Stoch RSI says short term pop.
$WYNN Weekly chart says caution long as MACD is turned down even though Stoch RSI says short term pop.
Jan 23 – $WYNN trading 195.23 on weekly chart Stoch RSI turned back up with earnings in 2 days.
$WYNN trading 195.23 on weekly chart Stoch RSI turned back up with earnings in 2 days. On watch for daytrade.
Oct 31 – Trading 141.21 under 20 and 50 MA and about to retest 100 MA. It bounced at 100 MA previous so this is on high watch now also for a bounce. Post earnings with surprise upside.
Trading 141.21 under 20 & 50 MA and about to retest 100 MA. It bounced at 100 MA previous on high watch now for bounce. Post earnings surprise.
$XME
Mar 5 – $XME weekly chart says wait for confirmation on Stoch RSI for long bias.
$XME weekly chart says wait for confirmation on Stoch RSI for long bias.
Jan 23 – $XME Weekly chart with price above 200 MA challenging historical resistance. Above the resistance area a possible long trade is possible pending set-up at that time. On watch here.
$XME Weekly chart with price above 200 MA challenging historical resistance.
$WWR – Westwater Resources (Previously known as $URRE)
Mar 5 – $WWR Trading .79 with indecisive trade action and indicators. Caution.
$WWR Trading .79 with indecisive trade action and indicators. Caution.
Jan 23 – Trading 1.51 with flat indicators. Watching.
Oct 31 – Trading .81 and all indicators tanking.
$WWR previously known as $URRE – total tank fest
$RIG
Mar 5 – $RIG Trading 9.45 with indecisive indicators under 200 MA.
$RIG Trading 9.45 with indecisive indicators under 200 MA.
Jan 23 – $RIG trading 12.02 premarket with historical symmetry setting up intra-day that may be a good trade. #swingtrading
$RIG trading 12.02 premarket with historical symmetry setting up intra-day that may be a good trade. #swingtrading
$XLE
Mar 5 – $XLE trading 66.44 with indecisive to bearish indicators under 200 MA. Caution.
$XLE trading 66.44 with indecisive to bearish indicators under 200 MA. Caution.
Jan 23 – $XLE trading 78.03 near previous high break-out. On close watch now. #swingtrading
$XLE trading 78.03 near previous high break-out. On close watch now. #swingtrading
Oct 31 – $XLE Trading 67.69 and like $RIG and testing underside of 200 ma and it may get going again. Watching for MACD turn up.
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. Feb 13 933PM $TVIX $UVXY $XIV #volatility
Per previous;
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility https://www.tradingview.com/chart/VIX/hk3sz7iL-VIX-over-upper-bollinger-band-creates-excellent-short-side-risk/
$VIX over upper bollinger band creates excellent short side risk-reward. Use additional MACD signal. $TVIX $UVXY $XIV #volatility
$VIX Weekly Chart
$VIX Weekly Stochastic RSI trending down consistently now.
$VIX Weekly Stochastic RSI trending down consistently now.
Per recent;
$VIX weekly I see Stoch RSI too high, divergent spike (too early) & next spike mid late July $XIV $TVIX $UVXY $SVXY $VXX You can’t hide anomalies. Everything has a nature. Every model I’ve run (and this is just simple symmetry) says the $VIX was F’D with. But I’ll watch for now.
$VIX weekly I see a Stoch RSI too high, divergent spike (too early) and next spike mid to late July $XIV $TVIX $UVXY
$VIX weekly I see a Stoch RSI too high, divergent spike (too early) and next spike mid to late July $XIV $TVIX $UVXY
Per previous;
$VIX Weekly chart. And so it is… from last report “VIX looking like a near bottom lift w MACD trend up and Stoch RSI up’. #volatitily #chart https://www.tradingview.com/chart/VIX/9sQyBtFP-VIX-Weekly-chart-And-so-it-is-from-last-report-VIX-lookin/
$VIX Weekly chart. And so it is… from last report – VIX looking like a near bottom lift w MACD trend up and Stoch RSI up. #volatitily #chart
$VIX Weekly chart looking like a near bottom lift w MACD trend up and Stoch RSI up. #volatility #chart
$VIX Weekly chart looking like a near bottom lift w MACD trend up and Stoch RSI up. #volatitily #chart
Good luck with your trades and look forward to seeing you in the room!
Crypto the Bitcoin Algorithm Charting Model Newsletter Monday March 5, 2018. Charts for $BTCUSD $XBTUSD $BTC.X $ETH $LTC $XRP #Bitcoin
Hello! My name is Crypto the Bitcoin Algo. Welcome to the member edition Bitcoin trade report for Compound Trading.
Like our other algorithmic chart models, I am in development and testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of trading Bitcoin $BTCUSD, Bitcoin/USD perpetual swaps $XBTUSD and Bitcoin related equities.
Note: The $XBTUSD model is built on a chart from BitMEX. Prices on other exchanges may vary slightly from what you see on the model, so remember to keep that in mind when trading the model.
Notices:
More extensive chart models for $BTCUSD, $ETHUSD, $XRPUSD, $LTCUSD and others (such as a few bitcoin related equities) will be featured in future reporting.
Join us in our private Crypto Trading room on discord!
For newer users – read the blog post about how to trade Bitcoin here.
Primary Methods of Trade:
Live Twitter Alert Feed for Bitcoin Trades: @BTCAlerts_CT, Public Feed @cryptothealgo
The primary method of trade we have found works with the most predictability is to wait for bitcoin to breach the upper right wall of a quadrant (the orange, blue or grey diagonal dotted lines – the thicker lines are more significant as they represent wider time-frames) and confirm over the next horizontal Fibonacci resistance. You can expect to get to reach the mid-line of the upper quadrant – over the mid-line you can expect it to reach the next quadrant wall. Entering this trade near the apex of a quadrant (time cycle peak range for a specific time-frame) gives you the widest trading range probability.
This method also works in reverse: Wait for Bitcoin to breach downward through the upper left wall of a quadrant, or fail when trying to breach upward through the upper left quadrant wall. Let it confirm under the next horizontal support and you can expect to see the mid-line of the quadrant – under the mid-line you can expect to see the next quadrant wall. Same as above, entering this trade near the apex of a quadrant gives you the highest probability of the widest trading range.
Channels: Another high probability trade is entering long as price rides up the bottom right wall of an orange quadrant. This is a safe trade to hold with a stop under the quad wall until the current time cycle expires. This trade works in reverse as well. You can enter short just under the upper right quadrant wall resistance, with a stop just over the quadrant wall, and hold until the current time cycle expires.
Horizontal Fibonacci Support/Resistance: The horizontal support/resistance lines are good indicators to use inside quadrants. The light green 0.5 Fibonacci line and the grey 1.0 or 0 Fibonacci levels (mid-lines) are the most significant. Clusters of these lines represent significant support/resistance as well. Intersections of horizontal and diagonal Fibonacci lines represent an upcoming decision and create a high probability of a significant move out of sideways trade.
Resistance Clusters: Along with the algorithm indicators on the chart there are traditional support/resistance lines that are very important. When these lines converge volatility tends to increase. Under the cluster is a high probability short. If it does get through the cluster it becomes a very high probability long scenario as the HFT algos cover their shorts and load up long.
Targets: Red circles on charting. These are placed at the most likely price targets in time cycles / trends relative to quads. These are still in very early stage of development/testing and should be used for observation only at this point. Two are typically provided for each quadrant time frame – the upper scenario targets should be considered if the trend is up and likewise for the lower. I do not recommend entering trades based on these targets. Also, at times the mid quad support / resistance line is highlighted with a target if trade is not extremely bullish or bearish.
Natural / Historical Support/Resistance: Natural / historical support and resistance is represented on the chart by purple horizontal lines.
Conventional Charting: Conventional charting should be weighed against the model(s) with all trade decisions.
Bitcoin Algorithm Live Charting Link:
Algorithm model on the Daily Bitcoin Chart:Click link to open initial chart viewer screen, then share button at bottom right of screen, then make it mine, then double click on chart body to hide or reveal indicators at bottom of chart (MACD etc).
Bitcoin Chart Model – Up over mid quad nearing quad wall resistance Mar 5. $BTC $XBTUSD #bitcoin
Bitcoin holding 200 MA with peak time cycle on daily algorithm model chart Feb 22. Price targets per chart.
At this point lower trending channel on model (quads) is holding, but 200 MA price action may put in a bottom formation signalling a trend change.
Trading support and resistance for focused time-frame to Feb 22 time cycle peak.. #trading #bitcoin
Watch the diagonal quad lines (dotted diagonal lines) and horizontal support and resistance to upside target above 200 MA and downside target if 200 MA is lost.
Bitcoin holding 200 MA with peak time cycle on daily algorithm model chart Feb 22. Price targets per chart.
Bitcoin holding 200 MA with peak time cycle on daily algorithm model chart Feb 22. Price targets per chart.
$BTC $XBTUSD April 7 Price Targets;
9875.00 bearish scenario with 5838.00 most bearish in a sell-off.
13816.00 mid quad most likely hit.
17227.00 most bullish scenario. Unlikely.
In summary, our first generation Bitcoin algorithm chart model uses the following indicators (listed from most predictable to least in terms of win rate):
Trading range created by long term algorithmic modeled quadrant support and resistance (blue dotted lines)
Trading range between buy/sell trigger levels (grey/green arrows and solid lines)
Directional channels formed by long term algorithmic modeled support and resistance
Horizontal Fibonacci support and resistance (multi-colored horizontal lines)
Conventional Natural support and resistance (purple horizontal lines)
Long term conventional trend lines (red diagonal lines)
Bitcoin MACD trending bullish with Stochastic RSI nearing top of range. $BTC $XBTUSD #Bitcoin
Per recent;
The squeeze momentum indicator and MACD on daily chart are still trending up but the Stochastic RSI is high and looks ready to turn FYI.
Per recent;
The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD Trade against its trend at your peril (historically speaking and specifically on daily).
The squeeze momentum indicator direction trend should be in consideration for direction IMO on daily chart. $BTC $XBTUSD
Key buy / sell price trigger levels in the current area of trade are as follows:
See above.
Per previous;
9882, 13772, 17776, 21736, 25684.
Shorter time-frame indicators such as Fibonacci levels on chart can be used to trade against as support and resistance.
Price trading under 20 MA and 50 MA with 100 MA just below price (watch closely as price is pinched between 100 MA and 20 MA) with 200 MA nearing (pink line).
Bitcoin Charting – Algorithm Model Jan 28 2018 $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1440 PM #Bitcoin
Bitcoin $XBTUSD conventional charting notes:
White arrows at bottom of chart represent conventional indicators. All indicators suggest (since recent lows) that price trend is up.
Also, upward trending channel in place (highlighted with thick yellow lines), two significant falling wedges played out technically (dotted yellow lines) and the general trend is in play.
From here to 13700 range it seems without significant resistance. Trading bias is bullish between moving averages on chart (horizontal lines).
Per Previous;
The 8854.20 support played out well – trading 11315.00 now with a time / price cycle peak coming in VERY SOON – Feb 22. Watch price direction really close coming out of Feb 22. Use the grey and green buy sell trigger arrows and quad walls as support and resistance decisions.
Daytrading charting on $BTC says careful with 11700.00 range resistance Feb 22.
Bitcoin Daily Chart Trading Plan – price above Fib 11707.00 and 20 MA that holds channel support is long add and if that fails I would reconsider the current long position alerted on the Twitter member alert feed near recent bottom. $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1505 PM #Bitcoin
Bitcoin Daily Chart Trading Plan – price above Fib 11707.00 and 20 MA that holds channel support is long add $BTCUSD $XBTUSD $BTC.X Jan 28 2018 1505 PM #Bitcoin
Ethereum Basic Algorithm Charting Model on Daily Time Frame:
$ETH Indecisive trade. #Ethereum
$ETH Indecisive trade. #Ethereum
Per recent;
It seems the buy sell triggers (green arrows) are best. Ethereum Daily Chart Algorithmic Model. $ETH #crypto
Litecoin $LTC basic algorithm chart model on daily time frame in play per previous. Feb 12 116 PM $LTCUSD
Primary buy sell triggers on Litecoin daily chart:
475.00
381.00
287.00
192.00
98.00
Per previous;
Litecoin $LTC basic algorithm chart model on daily time frame. Jan 28 1556 PM $LTCUSD
Thick yellow lines are prospective upward trending channel. Red circles prospective targets – trade in direction of targets. Buy sell triggers represented as well as trading quadrants, moving averages etc. If trade is indecisive it will tend to terminate at time cycle peak (green verticals) at mid quad horizontal line (green horizontal) at that specific time in chart and not reach an upper apex or lower inverse apex.
$DXY US Dollar Algorithmic Model Chart Update Monday March 5, 2018 $UUP Chart and Algorithm Observations
Welcome to my report for Compound Trading – $DXY the US Dollar algorithm charting model.
I am an early development model – one of seven in development at Compound Trading. This work is very early stage generation 1 work. Generation 2 – 5 is scheduled for early 2018 and will eventually be coded to a digital dashboard for our traders to use as an intelligent assistant.
Chart is to be used in conjunction with conventional charting as trader assisted signals. The signals in the model (at this point) are simple that each line on the model chart are considered a support and resistance test.
$DXY US Dollar Algorithm Charting Model $UUP
$DXY US Dollar 30 Min Algorithmic Model Chart with prospective channels, price targets, quads, MAs. $UUP Mar 5 1230 AM
$DXY US Dollar 30 Min Algorithmic Model Chart with prospective channels, price targets, quads, MAs. Channels highlighted. $UUP Feb 4 858 PM
$DXY US Dollar 30 Min Algorithmic Model Chart with prospective channels, price targets, quads, MAs. Channels highlighted. $UUP Feb 4 858 PM
Below is a Member Mid week US Dollar Index $DXY Algorithm Charting Model Update – upside targets are hitting with signals $UUP #USD
The US Dollar is signalling a high probability of upside turn, watch the channel support (red line) and channel resistance (red line). The white arrows on the algorithmic model chart indicate current trend bias based on the model signals.
Below is member updated algorithm model for US Dollar $DXY charting mid-week:
$DXY US Dollar Geometric chart model on daily. $UUP 1111 PM Jan 30, 2018
Don’t discount easily the support and resistance lines on this chart if you are swing trading the Dollar or need to know where its resistance ad support areas are. This model actually tests well.
$DXY US Dollar Geometric chart model on daily. $UUP 324 AM Jan 17
I use the 60 min chart for when I am timing an entry or exit based of $DXY or instruments that rely on the direction of the US Dollar on the daily models and/or intra-day trading. It works well.
$DXY US Dollar 60 Min Time Frame 200 MA provides a shorter time frame trend indication for intra day trading $UUP 649 AM Jan 8
Best with your trades and look forward to seeing you in the room!
Silver Trading Chart Update Monday March 5, 2018 $SLV ($USLV, $DSLV) Chart and Algorithm Observations
My name is SuperNova the Silver Algo. Welcome to my new Silver trade report. You can follow my intra day tweets here SuperNova Silver Algo Twitter Feed.
How My Algorithm Works and Availability:
I am an algorithm chart model in development.
Below you will find my simplified view of levels that can be used on a traditional chart to possibly advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on (rooted in technical set-up).
My algorithmic charting will eventually transition to developer coding phase for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm (HFT). Please review my algorithm development process.
Below you will find simple Generation I Level chart modeling with a goal toward generation 5 modeling as with EPIC the Oil Algorithm model (for example).
Silver Trading Observations
Path of least resistance 16.96 March 16. Silver Generation I quads, price targets, buy sell triggers. 1200 March 5 $SLV $DSLV $USLV #Silver
Buy sell triggers are represented with green and grey arrows. Trading quadrant walls are also support and resistance decisions (blue dotted diagonal lines) as are horizontal Fibonacci horizontal lines (various colors).
The current short term trend is bullish so trade in direction of trend using the support and resistance decisions of the Fibs, Quad walls and paying attention to the upper apex, inverse apex and mid quad horizontal support / resistance line targets.
Key Silver Buy Sell Triggers (wide range swing trading):
18.51
17.74
16.97
16.18
Silver Generation I simple model functioning well with quads, price targets, buy sell triggers. 1245 PM Feb 13 $SLV $DSLV $USLV #Silver
Silver Generation I simple model functioning well with quads, price targets, buy sell triggers. 1245 PM Feb 13 $SLV $DSLV $USLV #Silver
Wider view of mids, upper, inverse apex quad price targets hitting. 101 PM Feb 13 $SLV $DSLV $USLV #Silver
Wider view of mids, upper, inverse apex quad price targets hitting. 101 PM Feb 13 $SLV $DSLV $USLV #Silver
SuperNova $SILVER Algo Chart Model Daily Chart Sun Jan 28 2016 PM $SLV ($USLV, $DSLV)
SuperNova $SILVER Algo Chart Model Daily Chart Sun Jan 28 2016 PM $SLV ($USLV, $DSLV)
Uptrend channel scenario if resistance MA and Fib horizontal line resistance gained. 110 PM Feb 13 $SLV $DSLV $USLV #Silver
Uptrend channel scenario if resistance MA and Fib horizontal line resistance gained. 110 PM Feb 13 $SLV $DSLV $USLV #Silver
Lower downtrend channel scenario if resistance MA and Fib horizontal line resistance points hold. 106 PM Feb 13 $SLV $DSLV $USLV #Silver
Lower downtrend channel scenario if resistance MA and Fib horizontal line resistance points hold. 106 PM Feb 13 $SLV $DSLV $USLV #Silver
Silver on Daily Chart hit 50 MA and 20, 100, 200 MA’s not far above. Could get interesting soon IMO but needs 16.99. $DSLV $USLV #Silver
Silver on Daily Chart hit 50 MA and 20, 100, 200 MA’s not far above. Could get interesting soon IMO but needs 16.99. $DSLV $USLV #Silver
Silver 2 Hour Chart Model (daytrading)
SuperNova $SILVER Algo Chart Model – Hitting mid quads – 2 Hour Chart for daytrading Silver Mar 4 1206 AM $SLV, $USLV, $DSLV
Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P 500 trade report for Compound Trading.
Below you will find algorithmic model charting based on Fibonacci extensions, timing and various other principles. This is a very early stage development model (generation 2 – 5 modeling rolls out in 2018 and as a result the reporting frequency increase significantly – our more advanced algorithm chart models are 4th and 5th generation, such as EPIC the Oil Algo that is graduating to #IA coding).
How to use this charting model:
The S & P 500 model is different than others we have in development in that it functions on a number of time-cycles or time-frames, as such, you will see a series of time-frames built – in and published to this report over the coming weeks and months. This report includes a 1 minute model with buy sell triggers and reports early 2018 will add in the other time-frames for different styles / time-frames of trade.
The simplest way to use the charting is to consider all lines support and resistance decisions with the horizontal grey lines (marked with grey arrows) to be significant trading ranges in the model. The thicker the line the more important. And please consider that all support and resistance lines are approximate as this is a working chart model (a work-sheet). Horizontal and diagonal dotted lines are consider support and resistance.
This chart model is best weighed against conventional charting and used in conjunction too a conventional chart.
If you have questions about the best use of the chart model or private coaching options email our developers anytime at [email protected].
Current Algorithmic Model Charting
When you open the live chart below in “viewer” mode you can then click on the share button at bottom right and then click on “make it mine” to open real-time chart. Double click the body of the chart to remove or institute indicators at bottom of chart (MACD, Stoch RSI, SQZMOM).
$SPY MACD pinch – on watch here as MACD daily predictable directional swing trade indicator.. Mar 4 1046 PM $SPXL $SPXS
Per recent;
$SPY MACD turn, 200 MA bounce, over MAs, previous high test. Boomtown. MACD daily predictable directional swing trade indicator.. Feb 26 707 AM $SPXL $SPXS
$SPY MACD turn, 200 MA bounce, over MAs, previous high test. Boomtown. MACD daily predictable directional swing trade indicator.. Feb 26 707 AM $SPXL $SPXS
Per recent;
$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS
$SPY MACD may turn here. 200 MA hit, working thru moving averages.. MACD daily predictable directional swing trade indicator.. Feb 20 726 AM $SPXL $SPXS
$SPY MACD on daily predictable directional swing trade indicator. Currently turned down.. Feb 4 213 AM $SPXL $SPXS
Rosie the Gold Algorithm Model Charting Update Sunday Mar 4, 2018 #GOLD $GC_F $XAUUSD $GLD, $UGLD, $DGLD with Gold Miner Observations: $GDX, $GDXJ ($NUGT, $DUST, $JDST, $JNUG)
Good day! My name is Rosie the Gold Algo. Welcome to my new member edition Gold trade report for Compound Trading.
Like EPIC our Oil Algorithm chart model, I am an algorithm chart model in development and trader testing for coding phase to be used as an intelligent assistant for our traders (not HFT). My charting model is specifically suitable for the use and purpose of Gold and Gold Miner related.
The charting models are best used decision to decision. In other words, each line on the algorithmic model charts are support and resistance related. As trade progresses, weighing algorithmic charting model against conventional charting observations provides an edge over using only conventional charts.
If you need assistance at anytime contact my developers at [email protected].
Updates:
The charting below for Gold now has prospective channel support and resistance, considerable wider time frame quad walls highlighted (thicker orange dotted lines) and key channel direction decision areas noted with purple arrows.
How to Use the Charting Model:
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Gold / Gold Miner Trade Coaching
Important to new Gold traders and/or users of this algorithm model charting can be the opportunity for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader.
On our website there are standard one-on-one online coaching packages you can order (coaching via Skype) or you can request a customized package (reflecting the time you are wanting to invest in your learning). Keep in mind there is often a waiting list, but as students will attest, well worth the wait (if so).
To request a custom package most suited to your needs email us at [email protected] or click here for a standard private trade coaching package. Other options for coaching include online webinars for members (from time to time), private on location and in-person coaching sessions at our new trading location(s) and organized trading conference events starting early 2018.
Primary Trade Indications:
Live Twitter Alert Feed for Gold / Miner Trades: @GoldAlerts_CT
Gold Trade Buy / Sell Short Term Swing Triggers
For short term trading the following are support and resistance areas for trade that can be used as buy / sell triggers for Gold.
1300.96
1311.07
1321.30
1331.51
1341.61
1351.86
1362.03
1372.72
1383.43
1384.79
The primary method of trade our traders are reporting works with the most predictability is to wait for Gold to breach the trading range (grey lines marked with arrows) up or down and then have it confirm as it leaves the corresponding trading quadrant to the up or downside. See video above.
As it is a model in development, if you find more predictable methods please report same.
Resistance and Support Clusters: Blue and Yellow horizontal (may be sloped) lines (marked with arrows). The thicker they are the more significant they are. Blue are conventional indicators and Yellow are calculated historical algorithmic points of significance. If the cluster is significant our charting techs will shade the area in white to bring this to your attention. The most recent cluster has proven to be significant resistance in recent trade.
Trading Range: Grey Lines (marked with grey arrows). Trade above or below creates bias and bias is confirmed to a high probability when trade then leaves a quadrant (geometric diamond shape formed with diagonal Fib trend lines for time – frame) after gaining or losing a trading range horizontal support / resistance line (grey horizontal line).
Quadrants: Diagonal Orange Lines that form diamond shapes. Based on diagonal Fibonacci trend lines act as important support and resistance. The wider the time frame the thicker the line.
Fibonacci Support and Resistance: Horizontal lines on charting (various colors).
Targets: Red circles on charting. The least of the indicators and should be used for observation purpose only. The targets are in very early stage development / testing. Two are provided for each quadrant time frame – the upper scenario targets should be considered if trend is up and likewise for the lower. Only either are expected to hit (if at all – very low probability of a hit is expected at this point).
Conventional Charting: All decisions should be weighed against conventional charting (as may be provided below also).
Gold Algorithm Live Charting Link: Click on share button bottom right (beside flag) and then click on “Make it Mine”.
Gold against underside of 50 MA on Daily Chart. Decision coming… $XAUUSD #Gold $GLD $GC_F
Per recent;
Feb 27 – Gold trade continues to form a consolidated bull flag – the previous charting below does not need to be updated as there is not change to the formation / pattern.
Conventional Gold charting puts 1386.00 in play for May 4, 2018 – highly probable.
$GDX Gold Miners Chart Daily – Price under 23.14 mid quad is bearish – trading 23.11. Feb 4 555 PM $NUGT $DUST $JDST $JNUG
Per recent;
This was the warning / alert issued for $GDX on the last report:
$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG https://www.tradingview.com/chart/GDX/w4710Xnz-GDX-in-dangerous-territory-on-200-MA-on-Daily-with-MACD-and-SQM/
$GDX in dangerous territory on 200 MA on Daily with MACD and SQMOM turned down. Bearish. $NUGT $DUST $JDST $JNUG
And then this is what happened – it tanked!
$GDX dangerous territory bearish bias alert at 200 MA proved profitable. $NUGT $DUST $JDST $JNUG #trading
$GDX dangerous territory bearish bias alert at 200 MA proved profitable. $NUGT $DUST $JDST $JNUG #trading
Per previous;
$GDX miner long term trend coiling over baseline support through model. $NUGT $DUST $JNUG $JDST
$GDX miner long term trend coiling over baseline support through model. $NUGT $DUST $JNUG $JDST
Gold Price Targets:
Gold price target 1800 Mar 4 hit perfect to time and price provided on report 6 days prior. $GC_F $GLD $XAUUSD $DUST $NUGT
Gold price target 1800 Mar 4 hit perfect to time and price provided on report 6 days prior. $GC_F $GLD $XAUUSD $DUST $NUGT
Per recent;
Gold price target 1800 Feb 4 hit perfect to time and price provided on report 7 days prior. $GC_F $GLD $XAUUSD $DUST $NUGT
Gold price target 1800 Feb 4 hit perfect to time and prce provided on report 7 days prior. $GC_F $GLD $XAUUSD $DUST $NUGT
All the best with your trades and look forward to seeing you in the room!
Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo and I am one of six Algorithmic Charting services in development at Compound Trading.
NOTICES:
New members to the oil service – please on-board in a way that best equips you to be profitable. Visit my Twitter feed (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review my recent blog posts, our you tube channel has “how my algorithm works”, “how to use my charting”, the weekly EIA report videos and our website explains how I was developed. Review of those points of reference will increase your chance of success considerably. In this report some recent example “how-to” videos are include below.
Oil Trade Coaching – critical to many new oil traders and/or users of this algorithm charting is the opportunity for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader. On our website will find standard one-on-one online coaching packages (coaching via Skype) or you can request a customized package (reflecting the time you are wanting to invest in your learning). To request a custom package most suited to your needs email us at [email protected] or click here for a standard private trade coaching package. Other options for coaching include online webinars and private on location and in-person coaching sessions.
Oil Trading Room – How to Use My Oil Algorithm
Oil Trading Room – How to Trade Intra-day with my Algorithm Charting
MULTI-USERS: Institutional / commercial platform now available.
SOFTWARE: My algorithmic charting is planned to go to developer coding phase in 2018 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.
HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency robot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil.
Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and associated trade, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; [email protected], message our lead trader on Twitter, or message a lead trader in the trade room.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.
FX: $USOIL $WTI Observations:
Below is the link for the live chart version of EPIC the Oil Algo Live Real-Time Trading Chart for March 4, 2018. Click on share button (bottom right beside flag) and when that screen opens you can click on make it mine to make edits etc:
Oil current trading Mar 4 842 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trading Mar 4 842 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Mar 4, 2018
The first most predictable trade is the significant resistance cluster area formed by red trend lines (see previous posts and supplemental conventional charting below). As noted in the previous reports, at this point (as you will note when reviewing the charting below) trade has cleared all trendline resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Upper algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.33 in the current trading range. Lower algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 61.71 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades). Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.
The lower trading range is 58.13 to 61.71 per last week’s report.
Trading Bias: No current trade bias as oil has recently traded sideways and the US Dollar $DXY does have a divergent bottoming formation forming the last number of weeks.
Per previous;
Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per last report).
Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).
Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.
Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.
Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.
Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.
Current and more recent trade has moderate predictability. Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends.
The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).
Wide Trading Range – Buy and Sell Triggers for Swing Trading:
Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades in the lower region are between 58.13 and 61.71 and 65.33 for trade above 61.71. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.
Oil down channel scenario Mar 4 839 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Mar 4 839 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 4 841 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 4 841 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
Real-time swing trading oil chart link with Fibonacci support and resistance, moving averages, etc:
Chart Resistance Intact Mar 4. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Oil Weekly Chart – 200 MA test continues w Stoch RSI turned down MACD SQZMOM leveling. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT
Diagonal Trend Lines:
Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).
Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.
Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!
The diagonal trend-lines are marked on chart below:
Per previous:
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Simple lines show expose clusters of resistance. Crude algo intra work sheet 201 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Notice how when the daily chart is opened, the simple lines extend to current day trade.
Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Fibonacci Levels:
Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.
The Fibonacci lines are marked on main chart above.
Horizontal Trend-Lines (purple):
Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.
Horizontal trend-lines are marked on charts above.
Oil Time / Price Cycles:
Watch your email and / or my Twitter feed for time price cycles they may start to terminate.
Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.
The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.
So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.
Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.
If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.
Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):
To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.
Current Alpha Algo Targets (Red circles):
Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).
The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.
Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.
Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.
Recent Target Hits:
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.
Indicator Methods:
As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).
Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes
Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.
You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.
We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.
Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).
Conclusion:
See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.
You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.
Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.
PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.
