Tools You Can Use to Day Trade Crude Oil for a Better Win Rate- 90%+ Is Within Reach.

How to Trade Oil Successfully with the Right Strategies: Trade Alerts, Chat Room Signals, Live Trading Room, Conventional Charts, Time Cycle Knowledge and Algorithmic Models.

My position in this post is simple; if you have the technical data needed to make the right trading decisions on all time frames (your oil trading strategy) provided to you (the oil day trader) in the most efficient manner, you can out trade the general market traders and compete with world class machine oil trading firms.

We endeavor to provide such a trading platform for our members. Below I explain how we are doing that.

But first, a trade coaching session for those learning to get on the winning side of their trading… if you are a pro that only needs the technical oil trading strategies included in this post… skip this rant and scroll down. 

Why do I scream from the rooftops that my win oil trading rate is so high?  Why do I scream transparency and documentation of my trading journey and the development of our oil trading systems?

I scream my win rate (that anyone can review our live recorded and time stamped documentation to verify) to drive home that you do not have to accept what the book selling circle jerk crew tries to sell you, “trade price, nobody knows the future and that a 60/40 win rate is acceptable” – this is a flawed process.

You do not have to accept what the book selling circle jerk crew tries to sell you.

Study our oil trading system development and you will find that trading price doesn’t work in oil and that thinking you can’t know the future (future decisions for up, down or sideways trade and the most probable price targets) is foolish thinking.

We know with high probability where price is going to be on any time frame (from a 1 minute chart to a monthly chart and all between) and we know with high probability how to trade the decisions a trader will face on the way to the possible price targets.

We know the natural trading structure of the financial instrument – in other words, we know the playing field. We play the game with the lights on while the majority of our competition is in the dark.

We know the natural trading structure of the financial instrument – in other words, we know the playing field.

A 60/40 win rate is painful, to accept and use that system you have to take a series of significant losing side cuts to only then take advantage of a winning swing trade trend pattern move. In other words, the problem with their process is that you win big when you win but you have to endure pain to get the big win. I do this myself, but only with 10% of my account.

For example I have been DWT short for a number of weeks in preparation for the reversal in oil trade we are now experiencing. But I do it so that I get the move even when I don’t have time to day trade it.

The problem with their process is that you win big when you win but you have to endure pain to get the big win.

Another problem with the 60/40 idea (and there are hundreds of problems with this thinking) is that oil can trade sideways for many weeks, in this scenario you get chopped up and this causes your brain to be confused and you begin questioning yourself.

The method we are developing, perfecting and teaching (that we have documented live in every fashion available for proof) has a much higher rate of return and win side rate, it allows you to be in cash daily, it is much less stressful (the draw downs when you do lose can be next to zero) and it is the equivalent of Wayne Gretzky on the ice (for example).

You can simply “out stick handle” your competition.

To be a 90%+ oil trading winner takes real work to learn, but on the other side you will have much less stress, you win more often, your ROI and ROE increase significantly, your lifestyle freedom increases and the most important part is it keeps your brain in the frame work of being a winner.

Worst case scenario – you add what you can or what you prefer to use of what we have learned and passed on to you so that your oil trading win rate increases.

The bottom line.

It is critical for your brain to know it wins. When it knows you are a winner it won’t accept losses. This is critical (you would have to do a serious psychological study to learn why this is so important – maybe someday I will write about what I’ve learned).

The bottom line is that your brain develops patterns of habit that manifest in reality. Your subconscious is the leader, and it needs to know when it trades crude oil, that you win.

The bottom line is that your brain develops patterns of habit that manifest in reality.

The only way this is possible (your brain knowing that you win so it won’t accept losing which causes your execution to be disciplined) is to be able to “out -trade” your competition.

Sure, you are competing with yourself – but in reality you are competing against the world’s best when you enter the markets everyday.

The only way to out-trade your competition is to have technical market information and tools they simply do not possess and / or do not have “as efficient” access to and they haven’t defined their trading process and skill-set to the same level you have.

This is what causes one to trade win-side at a rate of over 90%. And anyone can do it.

Lets Get on With The Technical Oil Trading Strategies You Can Use to Day Trade Crude Oil for a Better Win Rate.

Oil Trade Signals: The Strategy / Guidance I Provided to Members at Start of Week.

Crude Oil Time Cycles, Area of Trade, Support, Resistance, Trading Channels.

Note: The time stamps on the Private Member Discord Oil Chat Room Server is showing my time in the Dominican Republic (this time of year it is one hour later here in DR than Eastern Time in New York).

For this post (that focuses on examples from Friday Jan 18, 2019 in our oil trading room) I will start with trade signals I provided to our members at the beginning of the week (and some prior) to provide context for the guidance explained.

Below (3rd image down) you will find a private member server screen shot (to start the week of Jan 14, 2018) I shared with the chat room of a test chart our oil machine trade coding technicians are developing for sizing trades.

In addition to using our main oil charting (the EPIC Oil Algorithm model – a proprietary model based on a 30 minute oil chart) we use many other charts (conventional and algorithmic) on many time-frames to determine back tested and correlated probabilities for oil trade resistance, support, channels, reversals, time cycles and more.

In the instance below (at start of last week) I was signaling the possible channel oil would use for weekly trade – specifically if the scenario played out during weekly trade as it related to the previously provided signals to members (that we seen a time cycle ending in crude oil December 20, 2018).

Prior to this, we had provided members (many weeks in advance of Dec 20) that the time cycle peak / conclusion was for approximately Dec 20 (with allowance for a week either way of Dec 20 because the time cycle was so large as it was based on the weekly time cycle charting).

Then on Dec 26, 2018 oil did in fact turn up in trade and hasn’t stopped trading upward since.

Between Dec 20 and Dec 26 there was one last “flash down” in oil trade which is typical at the end or peak of a time cycle on any time frame from the one minute charting to monthly charting (this is typical of the final stops being triggered and shorts covering positions).

Then on Dec 26, 2018 oil did in fact turn up in trade and hasn’t stopped trading upward since.

Oil hit a low of 42.38 on FX USOIL WTI on Dec 24, 2018 and closed Friday Jan 18, 2019 at 52.38 – less than one month later.

crude, oil, chart, reversal, trend

Oil hit a low of 42.38 on FX USOIL WTI on Dec 24, 2018 and closed Friday Jan 18, 2019 at 52.38 – less than one month later.

Also of note, we predicted the down turn in oil trade at the time cycle peak – the time cycle turn prior to the Dec 20, 2018 reversal.

See this tweet from EPIC Oil Algorithm Public Twitter feed and the post linked to our blog.

“Dating back to 2002, 13 of 14 major time cycles on weekly crude oil chart structure seen trend reversal to some extent or another #Oil #OOTT #TimeCycles FX USOIL WTI $CL_F $USO $UWT $DWT https://www.tradingview.com/chart/USOIL/F8Z9UE66-Dating-back-to-2002-13-of-14-major-time-cycles-on-weekly-crude/

Back to Strategic Guidance Provided to Oil Chat Room Last Week:

The oil trade signals I alerted to members to assist in their oil trade strategy focused on the trading range our members could expect for oil the coming week. The alerted signals also gave our traders support and resistance areas on the charting and the most probable channel of trade (this is all in addition to the EPIC Oil Trading Weekly Report).

Curt Melonopoly Last Monday at 8:49 AM (7:49 AM EST)
“It’s a machine coding doodle chart for sizing etc so its a mess, but we are looking for channel highlighted in yellow to hold for trend reversal confirmation in crude oil – use proven EPIC model for confirmation for trading”.

oil, chat , room, signals

Oil Chat Room – looking for channel highlighted in yellow to hold for trend reversal in crude oil

Below is a screen shot of the live oil alert feed on Twitter providing the following signal to our members for the week:

“Under 52.16 FX USOIL WTI I am short term bearish, over 52.16 bullish to 53.34 and over to 55.65 – main test areas over head on weekly time frame.”

crude, oil, alert, signal, guidance

Under 52.16 FX USOIL WTI I am short term bearish, over 52.16 bullish to 53.34 and over to 55.65 – main test areas over head on weekly time frame.

The examples above provide context to the guidance we provided our oil members at recent time cycle turns and at the beginning of the week…

Now lets jump to the specific point of this post that involves trade last Friday December 18, 2019 so we can learn how to day trade the opportunities in crude oil.

At 6:40 AM Friday Jan 19, 2019 I signaled the oil chat room that oil trade looked bullish and that our traders could expect a push toward the 53.40 resistance.

You can see on the chart / screen capture below how trade for the week had maintained the channel and that oil trade was following a trajectory (light blue vertical line) that I had outlined in the chat room earlier in the week as a probable upside strategy.

The strategy for the trajectory of the uptrending blue arrow was based on trajectory of time cycle targets on the short time frame assuming oil was bullish (price targets on our algorithmic charting can be assumed at where important trend lines cross, this is consistent through all time frames on all algorithmic models – this takes some time to learn).

The resistance I was alerting our members was at the top of the trading channel so they were aware of where to be aware of possibly trimming positions or at minimum being on watch for intra-day stall in trade.

“They’re pushing for that 53.40 area today (upside scenario), above could cause a significant squeeze”.

Trade, room, signal, alert, crude, oil

Crude Oil Chat Room Signal – They’re pushing for that 53.40 area today (upside scenario), above could cause a significant squeeze.

On this screen capture from the oil chat room I am showing our members that trade intra day was in the bullish scenario on a 4 hour test chart. Reconfirming the bullish scenario for day trading oil upward in Friday’s trade.

You will also notice at the bottom of the screen capture – the noted alert at the bottom of the screen, “53.50 is top of quad ton EPIC model resistance today, trading 52.83 intra” that this set-up coincided with our proprietary oil algorithm charting (the core oil algorithm charting – the core of our methodology, is not included in this post).

The core oil algorithm charting – the core of our methodology, is not included in this post.

crude, oil, chat, room, signals, chart

On this screen capture from the oil chat room I am showing our members that trade intra day was in the bullish scenario on a 4 hour test chart

Earlier that morning Jeremy has posted a link in the chat room to the article and video post covering trade from Thursday’s session and explanation of the one minute trading box set-up. You can study the set-up at the link below;

By far one of the most important crude oil trading articles we have posted since our inception.

Protected: How I Day Trade Crude Oil on One Minute Chart | Trading Signals | Alerts (with video)

Link: https://compoundtrading.com/how-i-day-trade-crude-oil-on-one-minute-chart-trading-signals-alerts-with-video/

Password: ********

At 920 AM right before regular market open I provide chat room a crude oil position signal for preferred long entry point.

I also re-confirm my expectation that probability for the top of the quad area of the oil algorithm in trade gets hit and that my entry signal price target (preferred entry is 52.40) so that our traders could make their own decisions for execution.

Also mentioned here, the one minute trading model (the trading box area) as the preferred entry price so that our members know where I derived the 52.40 entry preference from.

oil, trade, signals, premarket

At 920 AM right before regular market open I provide chat room a crude oil position signal for preferred long entry point.

Crude oil trade alert in chat room screen shot of long execution in to open and other alerts. Long oil at 52.67 with trims at 52.93 and 53.08.

trade, alert, chat, room, long, oil

Crude oil trade alert in chat room screen shot of long execution in to open and other alerts.

Alert in oil chat room that I was closing the oil day trade at 53.03 due to internet issues and reiteration of price target 53.50 for day trade.

Then the price target for the day trade was hit. A 90 tick move so far on the day.

oil, daytrade, close, alert, signal

Alert in oil chat room that I was closing the oil day trade due to internet issues and reiteration of price target for day trade.

Below is screen shot capture of crude oil chat room of posted oil chart images of predictability of 1 minute oil day trading strategy in trading box model (as previously posted above – the Thursday featured blog post the day prior) when crude oil squeezes intra-day.

trading box, day trade, crude oil, strategy

Screen shot of chat room images of predictability of 1 minute oil trade in trading box model when crude oil squeezes intra day.

As the day trading session progressed I provided a number of alerts to impending resistance on all time frames in crude oil trade range expected for the day.

heavy resistance confirming on all time frames, but in a sqz u never know

daytrading, signals, alerts, chat room, resistance, oil,

As the day trading session progressed I provided a number of alerts to impending resistance on all time frames n crude oil trade range expect for the day.

Resistance areas of oil trade for guidance for day traders to consider trimming or closing positions.

Resistance had been hit on two 4 hour charts and the EPIC Oil Algorithm 30 Minute Model at this point of trade intra-day. Other charting time frames had resistance also.

daytrader, crude, oil, alerts, resistance,

Resistance areas of oil trade and guidance for daytraders to consider trimming or closing positions.

240 Min Test Chart Scenarios posted to oil chat room revising the previous so that day trading signals for oil are updated.

signals, daytrade, updated, chat room, crude, oil

240 Min Test Chart Scenarios posted to oil chat room revising the previous so that day trading signals for oil are updated.

LIVE OIL TRADING ROOM VIDEO | HOW TO DAY TRADE CRUDE OIL – STRATEGIES I USE.

#daytrade #crudeoil

Summary Notes for Video:

Note: Voice broadcast starts at 16:25 on video. When I am trading and on mic is noted below (the location times on video).

At 16:25 on video “I am triggering long 52.67 with tight stops because of test on 240 minute crude oil charting, so I may trigger in and out here, we’ll see. Will probably get in to pressure right in to open here but I didn’t want to miss the move. A little bit of FOMO.”

At 19:50 on video “The one minute candle turn in advance of market open is coming here, get ready for some pressure.”

Keep in mind the strategy guidance provided to members in the oil chat room specific to the preferred by trigger at 52.40 (in other words support on one minute day-trading model).

And Then The Internet Crashes! A Work Crew Down the Street Cut The Line.

At 23:00 mins on video I come on mic to announce the internet problem to the trading room (at which time I didn’t know what the specific problem with the internet was).

At 24:50 on video the pressure in oil trade comes (which made sense to me considering the resistance decision but I decided to hold because oil was so bullish through the time cycle). I could have cut and re-entered which may have yielded a better profit by 10 ticks or so.

And then the internet continues to crash intermittently. Had the internet not been crashing I would have been on mic providing our traders guidance.

At 56:40 I announce we are back up on a cellular network and that I am holding the position.

At 1:10:50 On video I announce I am trimming at 53.08 holding 25% – there was significant resistance on the EPIC Oil Algorithm so I trimmed.

In the trading chat room (not on video due to internet issues) I announce I am closing trade due to internet issues even though price wasn’t to the top of the algorithm quadrant and price target for the day, “closed 53.03 may re enter i had to close due to internet.”

Had the internet been restored timely I would have traded right top of quadrant and price target for the day.

At 1:18:00 on video you can see trade hitting the price target for the day (top of algorithm quadrant).

In a normal scenario I would have been trading the one minute trading chart model in the trading boxes and on mic in the trading room announces my trades. But on this day as fate would have it I couldn’t do it because I couldn’t risk the internet crashing while on the temporary cellular platform we were using.

Important note:

Much of the proprietary charting links, member oil reporting, and proprietary algorithmic charting is not included in this post. In 2019 we have started to limit dissemination of proprietary content due to copy cat trading firms. 

Summary Thoughts for Context.

It is important to note that there were many many more trade alerts, charting updates, chat room trades / signals / guidance and trading room live trade coverage for the week.

Our members have much, much more information available to them for crude oil day trading decisions needed every day of the week on all time frames.

Having advanced technical know-how derived from a systematic scientific process that gets fed in to our various oil trading platform services to trading members allows for our members to “out stick handle” the everyday trading community and compete with world class machine trading firms.

My win rate and the oil machine trading win rate was well over 90% for the week and the reason is the combined tools available – available to myself, to our machine trading techs and thus the developed software and also made available to the members in our oil trading service.

If you have any questions send me a note please!

Best and peace!

Curt

PS Remember to protect capital at all cost, cut losers fast and know that when you win you really win. Use the 1 min charting model for entry timing, cut losers fast and re-enter if you have to. Do that until you learn how to be a regular win-side trader.

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

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Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Article Topics: Day Trading, Crude, Oil, Trading, Signals, Strategy, Alerts, Trade Room, Chat, Algorithm, USOIL, WTI, CL_F, USO

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Proven Day Trading Strategies For Crude Oil Futures Contracts (CL).

Included Below and In Trading Room Video:

Live Trading Room Video Footage Jan 9, 2019. Trade Alert Screen Shots. Charts I Used to Win. Voice Broadcast. Screen Share. Chat Logs. Trade Coach Advice.

Five trades, Five wins, 90 ticks in just over an hour of trade yesterday in live trading room. If you traded with me listening to my voice alerts in the room, trading 1 oil futures contract size, you could pay for our oil alerts for approximately 6 months or our live trading room for one month. In one hour of learning (approximate).

I want to start this post with a personal note – something that I feel deeply about:

One of the things many of my trading students ask me is,

“How do YOU day trade crude oil, how do you SPECIFICALLY make decisions to get in to a trade and close each trade?”

I understand why / what they are asking because I had to learn how to trade to win myself, so of course I understand.

There are a few things many students don’t understand in the beginning. These and other things can become road blocks to success if not learned quickly.

They are critical points to understand, accept and have as a part of your very being.

You have to get these trading rules deep down in your psyche.

Understand These Rules Before Day Trading Crude Oil (there are more, but these are what I am most often dealing with lately when in coaching sessions).

1. When You Lose – Lose Small. This Requires Clicking The Mouse. Now.

2. Protect Your Capital At All Cost – There’s Always Another Day. Click The Mouse.

3. When You Think You’re Good, You’re Not There Yet.

4. Good Enough Is Possible With A Systematic Rules Based Proven Process. Focus Only On Proven Systems. There Are People That Learn To Win Fast. It Can Be Done. Ask Me Who AND I WILL CONNECT YOU.

5. If You Follow A Proven Winning Process and You Lose A Trade, DO NOT Think About It.

6. When You Don’t Follow The Process, STOP TRADING, Dig Deep in Review Before Trading Again, Even If It Takes Days. 

7. Shut Off ALL Noise And Focus. DO NOT TRADE When Emotionally Challenged. Focus Is An Absolute Must.

8. Never Listen To Anyone That Doesn’t Encourage You In This Journey.

9. Never Blame A Loss On Anything Other Than These Two Possibilities:

a) You didn’t follow the process or b) The process was followed and sometimes the process doesn’t work – now move on quick.

10. Execute Your Trading To A Proven Process Equals Good Enough.

11. Good Enough Equals You Are Now In The Top Tier Category of Earners. 

12. Good Enough (in trading) Equals Freedom. Many Freedoms That Few Ever Experience.

13. Prepare For Personal War With Self. Pride, Self, I Has To Die To Be Good Enough.

14. Do Not Give Up. Never Give Up. You Will Thank Yourself On The Other Side.

15. Never Is A Big Word. Never Means Never. Think About That Before Starting.

We recently went on our own learning journey coding software to machine trade oil. When we embarked on the project I thought I was an expert oil trader, I thought I knew how to trade oil.

What I learned was how little I actually knew about how oil actually trades and why. The structure of the instrument.

In short, our machine trading software now has to make 2559 decisions to trigger a trade (of course this will be adjusted for risk reward tolerance and more as we move on in our development).

My point – I learned 2559 rules for trading crude oil and I now know that I can’t possibly make perfect decisions on every trade every time. I can’t process that many decisions instantly and under pressure – it isn’t possible.

I need a system that is simple, that may put me on the losing side “sometimes” but if I lose I lose small. A system that is easy to become an expert at. A system that puts me in the top 10%.

I don’t need to be in the top 1% like our software mandate. Top 10% puts me in a great position.

This series of posts will teach you how to use our tools in such a way that you can easily be in that top tier of traders.

Respect Your Opponent. You Will Get Your As* Kicked. You Need To Learn Proven Methods – Fast.

To the same point but I like to address it as a separate point, if you want to trade (any trading on any markets)… here is what you are actually doing when you learn how to trade oil or any other trading… you are stepping in to the game, on the ice, in to the ring, the court with the best in the world. It is a zero sum game.

The best traders make their money taking your money.

Imagine never playing basketball and playing with the best in the world – instantly. That’s trading. You only need a computer and a trade account at your broker and you are now trading against the best traders in the world.

Why am I addressing this first before showing you how I trade oil?

A few reasons, one is that you need to respect it for what it is, trading against the best means that you are going to lose more than you win at first – my job is to equip you with tools only the best in the world have, this will help your learning curve to win faster and lose less when you do lose.

You need to learn fast how to limit losses. If you use a rules based trading system like I am teaching (in this series of posts, on the videos, in the live trading room, in newsletter reports, premarket reports, mid day reviews in trading room, in Discord chat where I share guidance, during private coaching and at coaching events and more…)

IF YOU ACTUALLY dig in to the documentation that I have been producing for more than two years now – you will learn a process of trade that will equip you to trade with the worlds best.

Mix our knowledge, tools, and strategies for trading oil in with what you already know – use what works for you and ignore what doesn’t.

How do I know that you can trade against the worlds best and actually do that moderately soon? 

I have many students that were red that are now winning.

I also know that I am a much better technician than trader, if I can win anyone can win.

I have been documenting our journey of algorithm development, software development and live trading for over two years and we win. We’ve done it publicly, we document it, we trade live and we are one of the more transparent trading groups you can study.

Many of our winners have now agreed to share their trades in the live trading room, they rarely lose – they are expert day traders and swing traders with a long history of winning.

But it isn’t easy, you have no choice, you have to dig in and learn.

If you are a member and you need one of our historical blog posts unlocked send an email to Jen at compoundtradingofficial@gmail.com and she’ll send you the access code. It’s critical you put in the time to learn.

That’s my stern lecture, now lets to it and see what happened in Wednesday crude oil trade in the trading room and hopefully it will assist you in becoming financially independent and on to a life better equipped for true freedom.

The Live Video from The Trading Room

Video Transcript Summary With Trade Alert Feed Screen Shots and Chat Room Screen Shots:

Note: The screen shots of the Twitter feed are Eastern New York Time and the Oil Chat Room screen shots are an hour later (I am trading from the Dominican Republic).

16:48 on trading room video voice broadcast starts 928 AM right before open.

Prior to this on the video I was reviewing charts on screen preparing for market open after sending out the premarket report to our subscribers (no voice).

My bias in morning trade was for oil to see resistance for a short term pull back, resistance to come in to SPY (over sold to over supply) and a possible near term upside in VIX, Essentially we were entering a possible short term inflection after oil running since Dec 24, 2018.

Also EIA was scheduled for 10:30 AM so this was a consideration for my daytrades.

You can listen to video to get an idea of what I was watching, there is lots of blank space because I don’t broadcast for entertainment like many do, I provide only guidance and trade information as absolutely required because many of my clients are private equity funds that need only actionable guidance. No noise. We have a separate chat room for that.

To learn about the charting and indications I was using for this five win day correlate the time on the screen shots below (of the alerts) and to the time on the video at bottom right of the screen.

At 21:00 mins on the video I’m monitoring oil trade nearing the 200 MA on the weekly chart.

Then I’m scrolling to the daily chart model and the 240 min charting model.

At 22:00 on the video I explain the price target on oil as 52.67 if trade holds over 51.15 intra day. It was trading 51.29 on West Texas crude.

At 22:20 I review oil trade daily charting to correlate the 50 MA resistance to the price target described from the 240 minute chart at 22:00 on the video.

At 22:27 I review the 200 MA on the weekly and how the simple daily algorithmic model chart 50 MA and the 240 Minute chart resistance (bottom of trading box) correlate with the resistance on the weekly trend line chart.

At 22:40 I am reviewing the Volatility VIX daily chart support area (Bollinger bands) and how inflections can concur also for trade verification.

At 23:00 I show our traders how to bring the trading structure down to the daytrading level for shorter time frames for daytrading levels of support and resistance. This is key to your trading skill set for day trading crude oil – to be able to do this on all the charting on all time frames “on the fly”. This is your daytrading zone. VERY VERY IMPORTANT. We have a master class series of videos (20 hours) available at 1599.00 to learn how to do this like a pro.

At 1:17:00 on the video we are getting ready for the EIA report with guidance for our traders.

At 1:21:27 I am reviewing various charts for support as trade came under pressure when the weekly oil report EIA was released.

At 1:22:00 I re-chart the 240 minute oil chart again for a lower time frame to prepare for a day trade I can see coming in trade intra-day.

At 1:23:48 on video (10:36 AM Eastern New York time) I explain exactly where the next support to watch is on 1 minute chart as oil sells off.

At this point I am watching the Stochastic RSI very close, the MACD and the Squeeze Momentum indicator on the 1 minute chart. They are the three indicators at the bottom of the chart you see in the video. Stochastic then MACD then SQZMOM at bottom.

I’m looking for Stoch RSI to turn up, MACD near a turn up and SQZMOM to turn a darker red indicating a possible turn up.

At 1:26:34 the initial buys start to come in to trade (short covering likely also), I continue to watch.

At 1:32:30 this is a VERY CRITICAL PART OF THE VIDEO – I BEGIN CHARTING THE “On the fly” TRADING STRUCTURE ON THE 1 MINUTE CHART IN PREPARATION FOR TRADE.

Then I explain my trading plan.

At 1:46:30 I am continuing the charting of the trading structure of the 1 minute chart because I know the trade is getting closer.

At 1:48:40 on the video (11:00 AM Eastern time) I am charting the legs of the chart structure for preparation of trade.

At 1:50:00 on the video the bulls are starting to buy and I am frantically trying to finish my on the fly charting model for trade.

At 2:02:38 the machines are kicking in at the bottom of the trading box (resistance test) on the 1 minute chart model and I comment to it to trading room.

At 2:03:20 is the turn of the 15 minute candle and I start my position at 51.20 and alert the trade entry to the private member Twitter feed per below, the oil chat room and verbally in the oil trading room.

The remaining time on this video shows you in detail the charting I am using and as I trigger in and out of each of the five trades for five wins.

The screen shots below show you the alerts that went out to members.

There are many, many other indicators, charts and models I use to trade oil – this video shows some and will help any trader that really wants to dig in and get serious to be on the winning side on a regular non stressful basis.

Live Twitter Alert Feed Screen Shots

Below is the 9:38 AM alert from EPIC the Oil Algorithm Twitter Feed (Oil trade alerts) for support and resistance areas on crude oil chart (sent to members just after open while we were waiting for a decision / direction in trade).

crude, oil, trading, alert

Crude Oil Trading Alert. From trading room, support 51.19 and 51.04 resistance on West Texas 51.90, 52.53 – 62.68 (primary) trading 51.355 intra day

Below is a screen shot of the Twitter alert feed – it was my first trade position of the day alerted to the live feed and broadcast in the trading room live at 11:16 AM.

“Oil trading alert – Selling 51.21 If it reverses I am long to 61.64 at 51.27 ish.”

The trade was a short position with a possibility of reversal.

crude, oil, day trade, alert, short

Oil trading alert – Selling 51.21 If it reverse I am long to 61.64 at 51.27 ish.

There were a few other tweets on the feed about reversal areas and support / resistance and then the alert for closing the trade.

The trade reversed and we won and closed here with this alert on the trade – out of reversal long 51.60

trade, alert, closing, oil

The trade reversed and we won and closed here with this alert on the trade – out of reversal long 51.60

Then at 11:33 AM this alert went out to the private member feed, “This was the second trade position of the day in crude oil, alerts as follows long 51.67 t o 51.87 PT then 52.07” – it was also broadcast live in trading room for members.

crude, oil, trade alert

This was the second trade position of the day in crude oil, alerts as follows long 51.67 t o 51.87 PT then 52.07

Below is the screen shot of the first price target being hit (on second oil trade of day) and my alert to trim 50% of the long position.

trimming, alert, oil

At 1135 AM the first price target from the original alert was hit, we trimmed half the position in oil long trim 51.87 50%

After some other alerts about stops and the like at 11:37 AM I closed the oil trade at 52.06 per alert in screen shot below for another win.

closing, oil, trade, alert, win

After some other alerts about stops I closed the oil trade at 52.06 per alert in screen shot.

At 1147 AM Jan 9 I was alerting the third crude oil trade of the day as follows “selling 52.45 tight” per short selling screen shot below.

third, oil, trade, alert, selling, short

At 1147 AM Jan 9 I was alerting the third crude oil trade of the day as follows selling 52.45 tight.

After some guidance comments alerted to members, at 1150 AM I was covering the short in oil and put the third win for the day on the books alerted as cover 52.21.

cover, short, alert, win

At 1150 AM I was covering the short in oil and put the third win for the day on the books alerted as cover 52.21.

Confirming swing trade position in oil for members “yes, holding DWT short swing, want to see a pull back for size in to that.”

DWT, oil, short, position

Confirming swing trade position in oil for members – yes, holding DWT short swing, want to see a pull back for size in to that.

The fourth trade I was “selling 51.98 & 52.05 tight careful” at 12:24 PM and covered quick at 51.87 because I didn’t like the action for the next win.

crude, oil , trading, alert, fourth, short

selling 51.98 & 52.05 tight careful – CURT

At 1227 PM I alerted the close of the trade as covered 51.87 looking fr another entry #crude #oil #alert

Crude, oil, close, trade, alert, covered

At 1227 PM I alerted the close of the trade as covered 51.87 looking fr another entry #crude #oil #alert

My fifth trade was a 3 tick win (that I won’t post here) and that was my oil trading session for the day.

Below are the screen shots from the Discord private server oil chat room (guidance and alerts I was providing members in chat room).

Note: the live trading room video is a trading room where I use voice broadcast and screen sharing for charting etc and the Discord room is for chat to keep our live trading room actionable for the funds that attend the room.

member, chat, room, crude, oil, trading, alerts

screen shots from the Discord private server oil chat room (guidance and alerts I was providing members in chat room).

Oil Chat Room Transcript for Alerts:

Curt MelonopolyYesterday at 12:15 PM
selling 51.21 short term
tight stops
if it reverses I’m long to 51.64 at 51.27 ish
50.82 is a support area, 50.64, 50.46
out of reversal long 51.60
long 51.67 t o 51.87 PT then 52.07
sorry happened fast
trim 51.87 50%
stop at 51.75
closed 52.06
Curt MelonopolyYesterday at 12:47 PM
selling 52.45 tight
52.13 1st target
closed 52.21
yes, holding DWT short swing, want to see a pull back for size in to that
I will publish my active crude oil trading session from today so members can study how I chart the crude oil daytrading models on the fly and why / how I’m structuring the swing trading and day trading side even though the trades can be opposite on different time frames. $CL_F $USO $USOIL $UWT $DWT #Oil #Trading
Curt MelonopolyYesterday at 1:24 PM
selling 51.98 & 52.05 tight careful
51.48 target but this is a risky short intra
covered 51.87 looking fr another entry

5 trades – 5 wins.

Any questions don’t hesitate to reach out anytime. Email me now compoundtradingofficial@gmail.com.

Peace and best,

Curt, Lead Trader. Compound Trading Group.

Further Learning:

If you would like to learn more click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our lead traders that include learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Our Oil Trading Platform:

Standalone Oil Algorithm Newsletter (member charting sent out weekly).

Real-Time Oil Trading Alerts (Private Twitter feed).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (includes weekly newsletter, trading room, charting and real-time trading alerts on Twitter).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.

Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Article Topics: Best, Crude, Oil, Day Trading, Signals, Strategy, USOIL, WTI, CL_F, USO

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Oil sell-off today, EPIC Oil Algorithm buy side oil trade alerts 64.50 buy side at day lows for members. #oil #trade #alerts FX $USOIL $WTI $CL_F $USO #OOTT #Algorithm

How did we know in a heavy intra-day sell-off where oil would bottom and turn? Learning to trade crude oil is not easy if you try and trade it with conventional trading strategy, you need to know how oil trades and why.

Below are the details to help you with your crude oil trading strategy.

Let’s look at what happened and then I will explain how I knew where the reversal intra-day in crude oil trade would be.

Below you will find the intra-day sell-off in crude oil, the member trade alerts, member chat room guidance and charts – and then I’ll explain how we knew in advance with high probability where the bottom would be.

Crude oil chart (FX USOIL WTI). The sell off in crude oil trade today was extreme.

Crude Oil Chart – Crude oil sell-off today, EPIC Oil Algorithm called buy side for 64.50 at day lows (on way down). 

On the way down we alerted our members on the EPIC Twitter crude oil trade alerts member service of where the possible bottoms were. There was an initial possible area and then the buy side area a touch down. The chart below shows the sell-off (with red arrow) and the buy side long entries alerted to members (green arrow).

Crude, oil, selloff, chart, buy side, alert

Oil sell-off today, EPIC Oil Algorithm called buy side for 64.50 at day lows (on way down). #oil #trade #alerts FX $USOIL $WTI $CL_F $USO #OOTT #Algorithm

Alert – Oil trade alerts on the EPIC Oil Trading Alerts Feed – Starting buys in here careful will cut fast 64.50 – 58, hit low in sell off perfect. 

Below is a screen shot of the private member trade alert feed on Twitter showing the member alert that our buys were starting in the 64.50 – .58 area (after we had provided the oil trade strategy in the private discord oil chat room server). Buy side alerts started at 64.50 and the low of day in crude oil was 64.44 (FX USOIL WTI).

oil, trade, alerts, long buys

Oil trade alerts – Starting buys in here careful will cut fast 64.50 – 58, hit low in sell off perfect. $USOIL $WTI $CL_F #Oil #trading #alerts

Chat Room Strategy – Oil chat room member guidance for buy side at bottom of sell-off today.

Below is a screen shot of the private member oil trading chat room.

“if it dumps i’ll look for 64.52 area ish”

This comment was after significant guidance by myself (lead trader at Compound Trading Group). I was looking for confirmation of a bottom trade strategy for a reversal in oil trade intra-day.

“hoping in to 1130 candle expiry i get entry”

Trade had been in sell-of prior to the Wednesday 10:30 AM EST EIA Petroleum Status Report and after the report was released trade in crude oil continued. Prior to this alert to watch the start of the 11:30 AM EST candle on the oil chart I had given significant member guidance in the chat room. If you look at the chart posted above you will see that the reversal turn in oil was in fact at the 11:30 candle on the chart.

“looking for volatility in to 64.52 and turn of 30 and long tail and volume buys”

As with the prior comment above, I’m explaining in the quote specifically what I am looking for to confirm my trade execution long for the reversal. By the way, we use a 30 minute chart for EPIC Oil algorithmic charting purposes.

“starting buys in here careful will cut fast 64.58 area”

This is the alert in the chat room that my buys started at 64.58 (this was the first alert) then on Twitter I had alerted buys 64.50 – 64.58 because price came off a bit and I was buying in to 64.50 so the Twitter alert reflected that also.

“trimmed 64.72 looking for another entry”

Then as I was trimming longs I had alerted the chat room. At this time I was also in the main trading room on voice broadcast alerting my trades to the chat room (we have the member discord chat room and a main chat room that has live oil charting for the algorithm and also voice broadcast – members can choose to be in either / or as they need).

So in a nutshell I called the bottom for members in an aggressive intra-day sell-off and provided strategy for the trade on its way down. There is many more comments prior to these from the chat room.

oil, trade, chat, room, strategy, crude

Oil chat room member guidance for buy side at bottom of sell-off today. $USOIL $WTI $CL_F $USO #Oil #chat #room #alerts

So the questions is, how did I know where to execute the long side trade in crude oil? How was the reversal confirmed? How can you learn to trade oil with the correct market and charting signals?

Reason Number 1 –  The US Dollar.

“resistance on USD should provide moderate support for oil prices
but thats a moderate consideration”

“you could consider this area divergent right now for USD – there’s a special report out tonight, but this is resistance on DXY now on main wide structure it should calm down very soon
on intra day short time frame who knows
intra day resistance white arrow on DXY”

The correlation between the US Dollar and the trade of commodities is not always correlated. I tend to check in on our US Dollar Algorithm whenever executing oil trades. Today the dollar was trading near a critical resistance area, so I took that information in to consideration.

Oil trading strategy in chat room started with resistance approaching on US Dollar trade intra-day explained to members with charts.

oil, trading, strategy, chat, room, USD

Oil trading strategy in chat room started with resistance approaching on US Dollar trade intra-day explained to members with charts.

“wider structured resistance on DXY at orange line”

Screen shot of US Dollar Algorithm charting showing members in chat room where main resistance in DXY is.

US Dollar, resistance, oil, prices

Screen shot of US Dollar Algorithm charting showing members in chat room where main resistance in DXY is.

How the Dollar Impacts Commodity Prices

“The vast majority of these materials use the dollar as a pricing mechanism for global trade because the U.S. is the strongest and most stable economy in the world. When the dollar strengthens, it means that commodities become more expensive in other, nondollar currencies. This tends to have a negative influence on demand. Conversely, when the dollar weakens, commodity prices in other currencies move lower, which increases demand.”

https://www.thebalance.com/how-the-dollar-impacts-commodity-prices-809294

Reason Number 2 – Support for Oil Trade on the Weekly Chart (moving averages).

“62.30 50 MA on weekly”

The second reason is more a consideration for downside risk than it was a reason for trade.

I was reviewing the weekly chart our algorithm reporting service provides members – taking a mental note of my downside risk. I was also weighing the upside resistance on the weekly chart. Because of the weekly downside risk being considerably lower than the price of intra-day trade my risk tolerance to more sell-off was very low. I alerted that to members and would have closed a losing trade very quickly had that happened.

The 50 day moving average in this chart example shows a considerable down-side risk to a long trade. The 50 MA is the purple line on the chart in the screen shot below. More about moving averages here.

Screen shot of weekly oil chart support for trading strategy consideration – 62.30 50 MA on weekly chart.

chart, moving, averages, crude, oil

Screen shot of weekly oil chart support for trading strategy consideration – 62.30 50 MA on weekly

Reason Number 3 – EIA confirmed the build in crude oil inventory.

#EIA
Crude: 6.805M
Cushing: 1.643M
Gasoline: -0.740M
Distillates: 3.566M
#oott

And then the EIA Petroleum figures were available online at 10:30 AM and this confirmed a large build in crude oil inventories. This is bearish but at 4:30 the day before the initial forecast provided a surprise build (hence the sell-off that started in trade prior). This isn’t a reason for a long side trade at first glance until you consider the trader’s mentality.

The sell-off that continued after EIA was announced was obviously an over committed intra-day scenario because everyone already knew that a large build was expected, so I didn’t expect it to sell off much more intra-day. My longer term bias is considerably different, but specifically intra-day in the trade of crude I didn’t expect much more sell-off.

Then the EIA Petroleum Report figures were available and the build in crude was higher than expected (screen shot of chat room).

Also note in the screen shot below of the chat room the coding tech updating the algorithm charting for members on the intra-day time frame and posting it to the room. He did this because he knew a trade was setting up so he provided the most recent machine trading data for myself and our trading community members to use when executing the trades.

EIA, crude, oil, inventory, build

Then the EIA Petroleum Report figures were available and the build in crude was higher than expected.

Reason Number 4 – Crude Oil Algorithmic Charting Support Areas to Watch.

64.60 FX USOIL buy target intra day – we’ll see how it looks trading 64.88 intra

Then I provided the members the first area of trade to watch (at 64.60) for on the charting that could have been the support area intra-day for the reversal long trade (see the member chat room screen shot above).

And sure enough, intra-day trade stalled at the 64.60 market and below is the charting we were watching. The green arrow on the charting below shows the area of trade.

Chat room screen shot – shows two EPIC Oil Algorithm charts and price target area where trade stalled for a test.

crude, oil, algorithm, trading

Chat room screen shot – shows two EPIC Oil Algorithm charts and price target area where trade stalled for a test.

Gray arrow shows diagonal trendline support area that has acted as support historically many times. EPIC Oil Trading Algorithm.

The gray arrow shows an area on the oil algorithm that has been used by the machines to buy intra-day sell-offs over and over again.

One of the benefits of our work is that we look at historical charts and process that big data for our clients. This work provides insight to what specific signals to use at various intervals of trade intra-day and for swing trading that the human trader simply can’t discern because the data involved is too much for the brain to process. This would take a book of 500 pages to explain. In short, this specific area in the algorithmic oil charting model has been used consistently by the machines. I include some recent examples below for demonstration purposes.

Also note the green arrows on the chart. The first being the first area of support I was watching and the second being the second area. The first area of support did see a bounce in trade intra-day but failed the pull-back back test so we didn’t execute. The second area we did execute trades on and did alert to our members. This was so close to the ideal buy trigger that we nailed it. Our members will tell you that we alert the buy zones in sell-offs near perfect nearly 100% of the time. Our feed tells the story for us – it is time stamped and transparent so there is no way to trick anyone with false signals of record.

support, algorithm, oil, trading, historical

Gray arrow show diagonal trendline support area that has acted as support historically many times. EPIC Oil Trading Algorithm.

The chart below has recent examples of trade where the machines have bought the sell-off in crude oil with significant liquidity. The sell-off and subsequent area of reversal today was exactly the same area of the algorithm model.

Oil trade algorithm and the recent areas of trade machines have taken long positions in oil during sell-offs.

Oil, trading, algorithm, historical, examples

Oil trade algorithm and the recent areas of trade machines have taken long positions in oil during sell-offs.

Reason Number 5 – Confirmation in Intra-Day Trade of Oil to Confirm Signal to Enter Long Side Trade.

Chat room screen shot – explaining to members indicators I was watching on charting for back-test confirmation in oil trade.

Crude oil trade hit 64.74 within 14 cents of the price target I was wanting to see to possibly confirm the trade (see above the 64.60 area I was watching for).

Then the price target of 64.60 was hit and I explained to chat room members to wait and see how the bounce in trade handled the upside 20 MA resistance area and to watch the expected back test (pull back in trade) to previous support before executing a trade. This is a process of watching intra-day trade for various confirmations in trade to be sure as you can be that your entry execution is not too early (or late for that matter).

Chart, indicators, trade, oil

Chat room screen shot – explaining to members indicators I was watching on chartng for back-test confirmation in oil trade

Conclusion:

We knew well in advance of the oil sell-off today the area of trade that was most probable to be the right buy signal.

We alerted the buy side trade for our members on the private member oil trading alerts feed.

We provided trading strategy in the oil chat room well in advance of trade achieving the price target for the long side trade alert.

I provided live charting and voice broadcast to members in our main trading room as I executed trades.

Our algorithm charting provided us the buy area well in advance as part of a rules based trading process as a result of big data processing by our team of experts in this field.

In large part, this is why I haven’t been on the losing side of an oil trade alert in many months. Every trade alert is documented in real time, recorded, live alerted and time stamped for evidence of our claims.

Are You Learning to Trade Oil?

My best advice is to join our service on a trial and view real-time how we analyse our trades.

We have a clear trading process that is rules based and has proven to win.

I am far from the best trader I know, in fact I would rate myself about a 5 or 6 out of 10 – I am an expert technician but not top shelf trader. But I am one of the highest winning percentage oil trade alerting services available simply because our algorithm models are that good – and it takes more than that, it takes a team of committed individuals to provide clear winning trading signals to the members.

Interpretation of the algorithm models as a result of experience and historical big data processing is why we win and win often. And when we loose, it is small because we know when a trade has failed. In our work we know before the crowd where to buy and why and where to close and why. We know where to add to your trades and where to trim you trades.

And finally, if you need more help getting on the winning side of your trades then I would seriously consider 3 hours of private coaching. Even the best traders in the world have a coach because a trading coach will keep your psychological game in check as it relates to following the trading of a rules based process. A trading coach is critical to success as a winning trader.

Best with it and let me know if you need anything.

Curtis

To Learn More About Trading Oil:

Learning to Trade Links on our Site and/or YouTube.

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)

Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.

CRITICAL Oil Trade. Weekly Timing. EPIC Oil Algorithm Channel $USOIL $WTI $CL_F $USO #OilTrading #EIA

Overnight Oil Trade | Trading Plan in Detail | EPIC Oil Algorithm $USOIL $WTI $CL_F #OIL $USO #Alerts

No Crystal Ball? Watch this… EPIC Oil Algorithm #EIA $USOIL $WTI #OIL $USO $CL_F #OOTT #Algo

Oil Trading Room – How to Use EPIC the Oil Algorithm June 21, 2017 (video).

Oil Trading Room – How to Use Oil Algorithm Chart & Recent Trades June 29, 2017 (video).

Here we unlock historical member reports at intervals after time cycles have expired for traders that are learning to trade oil. When you clock on link scroll down at landing page on blog section you will be transferred to so that you can get to reports that are unlocked over time: https://compoundtrading.com/category/epic-the-oil-algo-chart-report/

Subscribe Here:

Standalone Oil Algorithm Newsletter (member charting sent out weekly).

Real-Time Oil Trading Alerts (Private Twitter feed).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (includes weekly newsletter, trading room, charting and real-time trading alerts on Twitter).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://info@compoundtrading.com

Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

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Article Topics: Crude, Oil, Trade, Alerts, Chat Room, Reversal, Strategy, Algorithm, Learn to Trade


Trading Crude Oil Live Alerts with EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm $USOIL $WTI #CL

Want to learn how to trade crude oil or need to learn how to trade with our crude oil algorithmic charting? This video shows our lead trader in a trade alerting our members live during the weekly EIA report.

Feature Post:

10:28 AM July 25, 2018: Oil trading room live trading coverage with lead trader.

Trade almost right in between the upper and lower channel price targets 68.84. First five minutes after #EIA weekly oil report I tend to not trade – I usually watch.

Long side oil trade alert triggered 69.06 at 7:00 on video FX $USOIL $WTI. Price had breached the upside main resistance on EPIC Oil Trading Algorithm charting so I took the long trade (which also put trade in th upper channel). Price spiked significantly right after the entry.

In addition to the algorithm charting I am using a 1 minute standard oil chart.

Trimmed the long oil trade position at 69.32 at 8:49 on video as price was nearing a hidden pivot resistance on the algorithm model. Oil chart pivot / resistance shown at 10:16 on video (first quarter of quadrant). I highlighted the pivot with the orange horizontal line on the algorithm.

Video shows the various indicators I am watching (algorithmic oil trading and conventional charting) when trading oil. Some decent lessons for those that are wanting to learn how to trade oil.

View the video here:

Screen Images of EPIC Trade Alert Feed on Twitter

Live oil trade alert. Long 69.06 US OIL WTI 1 5th sizing EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO

EPIC, oil, trading, alerts

Live oil trade alert. Long 69.06 US OIL WTI 1 5th sizing EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO

Live oil trade alert. Trim 50 percent 69.30. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO #trading #alerts

live, oil, alerts, trade

Live oil trade alert. Trim 50 percent 69.30. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO #trading #alerts

Live oil trade alert. Long 68.93 add 50 percent. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO #trading #alerts

crude, oil, trading, alerts

Live oil trade alert. Long 68.93 add 50 percent. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO #trading #alerts

Live oil trade alert. Trim other 50 percent 69.26 50 percent. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO #trading #alerts

Oil, trading, alert, algorithm

Live oil trade alert. Trim other 50 percent 69.26 50 percent. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO #trading #alerts

Chart link to Algorithmic Crude Oil Charting used on video here:

https://www.tradingview.com/chart/USOIL/AVFOuOhy-oil-intra-mcmachine/

Below is a Screen Shot (magnified) of EPIC Oil Algorithm.

EPIC, Oil, Algorithm, Chart, Trading

Perfect touch to quad wall on intra sell-off in oil, bounce. EPIC the Oil Algorithm #OIL #Trading $USOIL $WTI #CL #OOTT

An article from CNBC about crude oil algorithmic trading:

Oil trading ‘god’ Andy Hall says he’s met his match in robots https://www.cnbc.com/2017/08/14/oil-trading-god-andy-hall-says-hes-met-his-match-robots.html

The rise of machine-based algorithmic trading is injecting so much volatility into oil markets, it’s now difficult to produce returns by doing the type of fundamental analysis for which Hall is known, he told investors in a letter obtained by Bloomberg News. Hall confirmed in the letter he was shuttering his main hedge fund at Astenbeck after it reportedly tanked nearly 30 percent, Bloomberg reported.

“Algorithmic trading systems have increasingly come to dominate,” Hall wrote. “Investing in oil under current market conditions using an approach based primarily on fundamentals has therefore become increasingly challenging. It seems quite likely this will continue to be the case for some time to come.”

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to my Service here:

Standalone Oil Algorithm Newsletter (member charting sent out weekly).

Real-Time Oil Trading Alerts (Private Twitter feed).

Oil Trading Room Bundle (includes weekly newsletter charting and real-time trading alerts on Twitter).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Temporary Discount Offers (New members only – ending soon):

30% Off Oil Newsletter: Use Promo Coupon Code “epic30” When Subscribing to our Weekly Oil Newsletter Here: https://compoundtrading.com/product/standalone-epic-newsletter/ (cancel anytime, for new members only to trial the service).

30% Off Oil Alerts: Use Promo Coupon Code “oilalerts30” for Real-Time Oil Trade Alerts via Private Twitter Feed @OilAlerts_CT Here: https://compoundtrading.com/product/live-oil-trading-alerts/?attribute_plan=One+Month (cancel anytime, for new members only to trial the service).

Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://info@compoundtrading.com

Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

 

Article topics: EPIC, Oil, Algorithm, Trading, Alerts, Crude, $USOIL, $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, Chart, Video


Crude Oil Trading Algorithm Chart Report (EPIC) Tuesday July 10, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in development at various stages for all markets).

NOTICES:

New members to our oil algorithm charting model are encouraged to on-board in a way that will best equip you as an oil trader for profit.

Visit my Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent oil algorithm blog posts, our You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website (it explains how the oil algorithm was developed). Reviewing those important points of reference will increase your probability of success considerably. This report includes links to some recent example “how-to” videos.

Oil Trade Coaching – Users of this algorithmic oil charting model may opt 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 standard one-on-one online coaching packages are made available (coaching via Skype) or you can request a customized package (reflecting the time you wish to invest in learning). To request a custom package suited to your needs email info@compoundtrading.com or click here for standard private trade coaching packages. Other options for coaching include online webinars and private on location (in person) coaching sessions. 

Oil Trading – How to Use the Oil Algorithm

Oil Trading – How to Trade Intra-day with my Algorithmic Charting

MULTI-USERS: Institutional / commercial platform now available.

SOFTWARE: My algorithmic charting is planned to go to developer coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithm model 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 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 presented 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 simplified levels represented 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; info@compoundtrading.com, message our lead trader on Twitter, or message a lead trader in the private Discord oil trade room server.

Visit this link for more information about my oil algorithm development, this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, 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/.

Oil Algorithm Observations:

Below is a link for the live chart version of EPIC the Crude Oil Algorithm. The charting is a real-time trading chart represented on FX $USOIL $WTI published July 10, 2018.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

Oil Algorithm (EPIC). Current trade. July 10 325 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/B4lBHqsO-Oil-Algorithm-EPIC-Current-trade-July-10-325-AM-FX-USOIL-W/

Oil, Trading, algorithm, current, trade

Oil Algorithm (EPIC). Current trade. July 10 325 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

July 10, 2018

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 76.13 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 72.53 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 68.93 to 72.53. The upper trading range will be updated mid week if trade exceeds 76.13.

Trading Bias / Forward Guidance: Current bias for the week is range bound trade.

Current (as of July 2, 2018) MACD is now trending up on the daily oil chart BUT near historic highs.

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.

Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends. In recent time trade could be described as range-bound with moderate uptrend.

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).

Intra-day Trading Bias

Currently there is a slight bullish based primarily on the MACD. Will watch for a confirmation on model for downtrend or uptrend channel.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Oil:

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54 and 72.54 to 76.15. 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.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Oil Algorithm (EPIC). Down trend channel scenario. July 10 325 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil, algorithm, chart, downtrend

Oil Algorithm (EPIC). Down trend channel scenario. July 10 325 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Algorithm (EPIC). Up trend channel scenario. July 10 324 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil, algorithm, uptrend, trading

Oil Algorithm (EPIC). Up trend channel scenario. July 10 324 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Swing Trade Considerations.

Monthly Oil Chart:

Oil Chart (Monthly). Trade above pivot working 100 MA resistance but not through yet July 352 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

https://www.tradingview.com/chart/USOIL/PXknteB0-Oil-Chart-Monthly-Trade-above-pivot-working-100-MA-resistance/

Oil, monthly, chart, 100 MA

Oil Chart (Monthly). Trade above pivot working 100 MA resistance but not through yet July 352 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Per recent;

Oil Chart (Monthly). Trade above pivot near 100 MA resistance July 2 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

https://www.tradingview.com/chart/USOIL/p7F3Iykl-Oil-Chart-Monthly-Trade-above-pivot-near-100-MA-resistance-Ju/

Oil, monthly,chart

Oil Chart (Monthly). Trade above pivot near 100 MA resistance July 2 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Weekly Oil Chart:

Oil Algorithm Simple Weekly Gen 1 Model. Oil has been working resistance 3 weeks now. July 10 414 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/e2IjKihd-Oil-Algorithm-Simple-Weekly-Gen-1-Model-Oil-has-been-working-re/

Oil, trading, algorithm, Gen 1, weekly

Oil Algorithm Simple Weekly Gen 1 Model. Oil has been working resistance 3 weeks now. July 10 414 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Per recent:

Oil Algorithm Simple Weekly Gen 1 Model. Trade near upside resistance. Bull bear scenarios on chart. July 2 204 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/j3gs5EYS-Oil-Algorithm-Simple-Weekly-Gen-1-Model-Trade-near-upside-resis/

Oil, Weekly, Algorithm

Oil Algorithm Simple Weekly Gen 1 Model. Trade near upside resistance. Bull bear scenarios on chart. July 2 204 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Per recent;

Oil Algorithm Simple Weekly Gen 1 Model. Trade bounced at Fibonacci support test (bullish). June 24 1109 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/74MhZLvD-Oil-Algorithm-Simple-Weekly-Gen-1-Model-Trade-bounced-at-Fibona/

Oil, weekly, algorithm, model

Oil Algorithm Simple Weekly Gen 1 Model. Trade bounced at Fibonacci support test (bullish). June 24 1109 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

May 21 – A feature post was published this week to review time cycles, retrace possibilities on the other side of time cycles on the weekly charts. Below is the post link:

Feature Post: 12 of Last 13 Oil Chart Time-Cycles Have Trend Reversal. $USOIL $WTI $CL_F $USO $UCO $UWT $DWT #OIL #OOTT

Daily Oil Chart:

July 10 – No significant change to chart below, however, MACD is getting near historical highs.

Oil Chart (Daily). K.I.S.S. chart MACD turned up and price above 50 MA (bullish). July 2 153 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

Oil, Daily, Chart

Oil Chart (Daily). K.I.S.S. chart MACD turned up and price above 50 MA (bullish). July 2 153 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

Per recent;

Oil Chart (Daily). K.I.S.S. chart MACD turned up and price above 50 MA (bullish). June 24 1115 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

https://www.tradingview.com/chart/USOIL/BiuAjdsF-Oil-Chart-Daily-K-I-S-S-Chart-MACD-up-price-above-50-MA/

Oil, MACD, Daily, Cart, 50MA

Oil Chart (Daily). K.I.S.S. chart MACD turned up and price above 50 MA (bullish). June 24 1115 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

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:

July 10 – No significant change to chart below.

Oil Chart (Weekly). Oil trend lines on weekly time-frame. July 2 212 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

https://www.tradingview.com/chart/USOIL/z7dxYxTh-Oil-Chart-Weekly-Oil-trend-lines-on-weekly-time-frame-July-2/

Oil, weekly, chart, trendlines

Oil Chart (Weekly). Oil trend lines on weekly time-frame. July 2 212 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Previous posts for perspective;

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, trendline, resistance, chart

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

$USOIL, $WTI, Chart, Trendlines

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, $USOIL $WTI, Chart, Trendlines

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 Live Crude Oil Trade Alerts:

July 10 – Alerts section will be updated soon.

Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT

https://www.tradingview.com/chart/USOIL/EV6LwvJm-Anyone-remember-this-post-from-last-September-Last-time-oil-ha/

Oil, daily chart, moving averages, alert

Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT

Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

Oil, alert, results

Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT

May 29 – Will update the alerts section soon.

May 21 – Will update the alerts section soon.

May 13 – Will update the alerts section soon.

April 29 – I will update the trade alerts on the next report when there is more time. The bottom line is that since last report the trades have been fantastic winners.

EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL $WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CT

Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.

Oil, alert

Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.

Just noticed I accidentally put the short side trade alert on my personal twitter feed https://twitter.com/curtmelonopoly/status/986147196658647040 … “Oil short side bias trade setup intra trading 66.47 with 66.20 target expiring btwn 230 and 630 AM ET. Tight stop SS initial alert. Unclear at this point.”

Trading 66.30 from 66.47 entry nearing 66.20 SS target – trim short bias

Trading 66.24 cover trim on way to target

There it is – 66.20 intra day short target reached – bias to all or near all cover here from 66.47 intra scalp alert.

Oil, trade, set-up, alert

Oil short side trade intra set-up on watch at top of quad.

Per recent;

“Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT”

Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT

EIA, oil, report, trade

Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT

Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT

oil, live, trade, alerts

Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT

The alert detail as it was posted on feed. Short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Summary of short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo https://www.tradingview.com/chart/USOIL/yi9JI683-Summary-of-short-side-trade-alert-EPIC-Oil-Algorithm-Chart-Model/ …

Recent Crude Oil Algorithm Price Target Hits:

July 2 – Target hits section will be updated soon.

Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA

Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA

Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Keep in mind that there are three price targets per week for down channel and up channel scenarios. Below are examples of targets hit to upside channel or down channel.

Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

EPIC, oil, algorithm, price, targets

Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO

Price target, hit, EPIC, oil, Algorithm

Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO

Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

OIL, Algorithm, EPIC, price target

Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

Oil, Algorithm, price, target, $WTI, USOIL

Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

Per recent;

Tues Mar 6 price target perfect hit to minute and penny as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Private Member Crude Oil Trading Room Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo

#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $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

oil, algorithm, price, target, EPIC

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

oil, algorithm, EIA, price, target

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

$WTI, $USOIL, Algorithm, target

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

oil, algorithm

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

Wed, Algorithm, Price, Target, USOIL, WTI

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 Intra-Day Algo Trading Quadrants (white dotted lines):

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 info@compoundtrading.com – 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.

EPIC the Oil Algo

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Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

 

Article topics: EPIC, Oil, Algorithm, Trading, Crude, Trading Room, Alerts, Signals, Chart, $USOIL, $WTI, $USO, $UCO, $CL_F, $UWT, $DWT