The First In A New Article Series Intended to Simplify What We Have Learned For The Oil Trader To Use as Actionable Strategies to Increase Win Rate and ROI When Manually Executing Crude Oil Trades.

For Near 3 Years Now We Have Transparently Shared Our Successes and Failures in the Development of Oil Machine Trading Software.

First, For The Benefit of a Wider Than Normal Audience That This Article Is Being Transmitted To, Allow Me To Share Some of Our History.

Understanding a. Where We Have Come From, b. Where We Are Now and c. Where We Are Going Next is Important. Then We’ll Get In To The First Oil Trading Strategy Article.

A. A Brief History of Where We Come From.

As Stated, For Near 3 Years Now We Shared Our Trading and Software Development Journey Real-Time With Our Crude Oil Trading Community (in a Live Trading Room). We Recorded Live Every Minute Of Our Trading and We Also Endeavored to Share Our Findings Via Various Blog Articles, Alerts, Webinars, Coaching and Videos.

Sharing The Details of Our Journey Was Not Easy. It Was Difficult To Find Time to Reconcile Findings In Such a Way That Would Would Be Easily Transferable to Our Community. The Day-to-Day Trading Live in The Room, Alerting Trades, Coding Software, Writing Articles, Coaching etc all Real-Time While in Our Own Discovery Process Was… Lets Just Say A Tad Crazy.

It Also Wasn’t Easy To Share What We Were Learning in a Way That Would Be Easily Understood and Actionable For Our Clients, Not To Mention Knowing When The Next Phase in Development Would Be Successful or Challenging (Having Us Profitable Or Not).

We Set Out In The Beginning To Be Transparent and We Have Held to That Mandate All the Way Through The Process.

And Now, We Know What Works and Does Not Work And We Begin a Real Journey to Share Our Findings. The Goal is to Share This in the Most Succinct and Simple Way Possible – to Make our Findings “Actionable” For The Average Trader. 

Our Story Reveals Secrets Not Commonly Available That Can Help Day Traders Form Proper, Simple, Structured Oil Trading Strategies That Will Increase Your Win Rate, Returns and Lower Risk.

We are Acutely Aware There Are Hundreds of Oil Trading Strategies That Succeed or Fail. The Strategies We Will Share Are Structural in Nature. In Other Words, The Lessons We Learned About The Structure Of Oil Trade and Order Flow Will Help With Any Other Oil Trading Strategies You Are Employing.

Here in The First Article of Its Kind and With a Series of Near Future Planned Informational Articles, Webinars and Select Media Broadcasts, We Endeavor to Summarize and Simplify The Most Important Takeaways for You, The Oil Trader.

B. Where We Are Now.

Recently, we launched real-world testing of version 4 EPIC oil trading software (after running versions 1, 2 and 3 successfully) only to have it (v4) exemplify (once again) the volatility that new version machine trade software deployment encounters.

Prior to the launch of v4 our version 3 oil trade software had proven in real-world testing that it would perform at a rate of return of about 83% per year (which would get better over time as the machine “learned” – the most recent results are closer to 94% per annum).

So needless to say, we were excited about the “next”.

But as we’ve learned over and over again… the “next” can challenge comfort zones in many ways – you could refer to this as our trading risk management threshold – software development and deployment style.

Deployment of version 4 brought volatility that once again exceeded our “risk threshold”. In short, “real world testing” is more about testing our human “risk threshold” or comfort level than it is about whether the software would eventually perform as planned, after all, it does have to be “birthed” and then “learn” and then fly.

But we just weren’t “comfortable” with having to endure the process of the machine software known as version 4 to “learn” and become profitable. Version 4 was a much more aggressive architecture than version 3. So anyway, in short, we abandoned version 4 and returned to the proven version 3. We won’t be returning to v4.

So on Monday August 5, 2019 at 11:00 PM EST we announced the return to v3 and it was “re-born”. It took a day for it to run its start up systems and then started firing trades and has been again profitable since.

“For Aug 9, 2019: v3 Profit & Loss: Daily +$995 YTD +$8,526 Projected $94,306 or 94% Per Annum. Oil Machine Trade 100k Account (v4 period excluded) #OOTT $CL_F $WTI $USO #MachineTrading #OilTradeAlerts.”

C. Where We Are Going Next (Near Term).

The first day was a quiet day for the v3 software reboot – the action started to come online in day two.

Below, and in near-future articles is where we pick up the story and we will use real-world trading in the live oil trading room to explain as clearly and simply as possible strategies oil day traders can employ to compete with the best of the best.

Each day I will take the oil trading action from the day in the oil trading room and oil trading alerts and post an article specific to the rules the software used to execute the trades with simplicity top of mind when writing the articles.

Traders that study these articles will have the benefit of video recordings of our traders in the oil trading room describing the trades we are manually executing to assist the software developers in “tweaking” the version 3 EPIC software.

The articles will also include various charting (conventional and algorithmic), oil trade chat room trade set up guidance notes from our traders, various articles, informational webinars, select media broadcasts and much more. Some of which will be made available to the general public and some behind our pay wall (subscriber premium material).

When we complete this informational series of articles we will have completed our oil trading development mandates and then go on to the next and the next (in terms of our wider development goals)… 

For now, our goal here is to publish approximately one oil trading article per day with video, host one public informational webinar per week (email us at compoundtradingofficial.com to register for the next webinar), post continued v3 daily P&Ls to our social feeds, and have documented all actionable trade strategies within 60 days.

As stated above, much of this will be public facing and yet other information (the more proprietary) will be made available only to our premium subscribers .

The articles in this series will be sent to the mailing list – so get on it now click here.

Now, Lets Get to The First Lesson in Oil Trade Strategies – Trading With Version 3 With The Lead Trader in The Live Oil Trading Room.

Each article will include at least one lesson (or at least one rule that is included in the software trading rule set).

This first article will be from the oil trading room last Friday, and I will try to catch up the other days from last week at some point soon and as of Monday I’ll be posting each trading day’s action daily.

Here’s how our trading day on Friday went down;

Trading Crude Oil Break Outs.

Trading break-outs (break-ups & break-downs) outside of the most recent trading range is not easy. The reason is simple, you don’t know where the new range of trade will be and you don’t know if it is a true beak-out that will hold.

Our rule set has much more predictable trading set-ups to trade than what we seen on Friday, but lets start here because this was the most recent trading day and future posts will highlight the more predictable set-ups.

All our trades on Friday were winners, I think the v3 software has won every trade since it was rebooted last week and thus far I think it has only had one red day (for 0.02% draw-down).

Trade Sizing, Range Of Trade, Holds & Stops.

Under our v3 protocol, breaks in the price of oil to the current range are traded lightly in terms of sizing and any trade positions are held with tight stops.

In other words, until the new trading range develops, size of trade is to remain small and stop orders need to be considerably rigid because if the break up or down in price does not hold and form a new trading range you do not want to be left holding the bag (a losing position).

If you are caught holding a bag it is important for it to be a small size bag. Our v3 protocol mitigates this also with the ability to determine intra-day bottoms and size in to the next trade to relieve the small losing position when needed. But this is always a very small position if held and is only held intra-day.

In our general informational material about our v3 software vs. v4 this is one of the primary differences in architecture. Version 4 rule-set had holds on a much wider range (you could say a swing trading range) and v3 only holds within the intra-day range as verified by recent trade.

Please Note: When I state absolutes like “v3 only holds” as above, be sure to consider that our software has over 4400 rules that are weighed against each other, so absolutes are not reality, but for the simplicity of our goal here I will often explain rules of trade as absolute.

If you focus on trading range you will find it much more predictable than trading break-outs and break-down in price.

Anyway, before the break-out occurred on Friday we were posting guidance to the oil trade chat room server on Discord and the private member twitter alert feed.

We were also in the live oil trading room stating that trade was likely to break out Friday.

We also provided various immediately applicable guidance to our members specific to resistance and support on the most applicable time frames referencing chart models that our members could refer to.

Below is the morning trading guidance we posted to the crude oil chat room server (Discord private server is used for alerts service along with Twitter feed, alerts are available as a stand alone service or within the bundle with reports and oil trading room access).

The most applicable charting in this instance were the 5 minute, 15 minute, 30 minute and daily algorithmic chart models.

Note: By “most applicable” I am saying that these particular charts were recently being respected most, by oil trade action, of the various models available. We have numerous algorithmic chart models and conventional charts provided in reporting to members to draw on when providing guidance for their daily trading strategy. Our job is to refer to those that which recent oil trade action has most responded to (or price has respected support and resistance areas on the charts).

Also specifically to the information below, the preferred buy triggers are areas of support that provide high probability for bounce trades intra-day should price actually not break-out. A significant part of the v3 trading rules applies to key areas of support intra-day that liquidity in oil markets that are machine traded are most likely to trigger large buy programs to.

Curt MelonopolyLast Friday at 8:10 AM
Preferred buys on 15 min model; 51.83, 52.02, 52.29, 52.78 trading 53.11 intra day
Preferred buys on EPIC 30 min model; 51.88, 52.49, 52.74. Main resistance 53.65, 54.31, 54.43

Curt MelonopolyLast Friday at 8:25 AM
Top of range on daily 53.94 (uptrending TL on model) if held, over that is break-out / divergent. Trading 53.21. Order flow says it can happen. Trading 53.24.
Preferred buy trigger on 5 min model. 52.70 9:30 AM at inflection of time cycle running 8:00 AM – 11:00 AM

Oil, trading, chat, room, trader, guidance

Crude Oil Trading Chat Room – Lead Traders Provide Technical Guidance for the Members in Advance of Trading Day

JeremyLast Friday at 8:38 AM
Order flow and volume since Thurs / internals say break to upside probable.

oil, trading, chat room, guidance

Continued guidance provided to members in oil trading room – crude oil resistance on daily chart – range of trade

First Oil Trade of the Day – Break Out Trade, A Quick Bullish Trade to Range of 1 Minute Chart Model

Normally we can alert our trades to the alert feeds on Twitter and Discord, but on Friday we were only alerting live in the main oil trading room because trade action and the break out were developing very quickly and there was no time to type the alerts.

Now I will point out quick I sometimes try and do my part on my public facing Twitter feed, I did warn the shorts the night prior of this action setting up because we knew there was accumulation in order flow that started the day prior.

Curtis Melonopoly
@curtmelonopoly
Careful shorties #OOTT $CL_F

Curt MelonopolyLast Friday at 9:07 AM
Software got that with 1/10 only now out happened too fast to alert typing, was alerted in live room
cradle of the quad

first, oil, trade, premarket

The first oil trade of the day was in regular US market premarket, 1 min and daily charting shows the trade range.

Curt MelonopolyLast Friday at 9:35 AM
@Jen 54.32 – 54.48 1/10 traded thanks
in trading room yes

Below is the screen capture from the oil chat room showing the Daily Chart Model resistance that trade hit and the cradle of the EPIC Oil Algorithm resistance that trade hit.

Oil algorithmic charting showing the range of trade for the premarket trade – daily and 30 min charts in oil chat room.

oil chat room, trading range, winning trade

Oil algorithmic charting showing the range of trade for the premarket trade – daily and 30 min charts in oil chat room

Lessons From Oil Trade #1 (Break-Out) in Oil Trading Room:

  1. Trade Size – This is a break out trade so trade size was 1/10 size. The v3 protocol is small like this, version 4 would have sized this trade larger.
  2. One Minute Model Structured Range, Upside Resistance Broke – Trade was executed long above the one minute model support / resistance and trade was closed as the next resistance on the one minute model was hit. This was also recent intra-day break of trading range – THIS IS IMPORTANT. Also, if you were confident in the new range holding you could size 2/10 or more and release some at top of one minute trading range and hold some to see if the one minute support held on pull back. Our v3 software will do this if order flow shows a high probability and low risk to such.
  3. Resistance on Chart Models – A key resistance on the EPIC Crude Oil Algorithm chart model was hit as was the trading resistance on the daily chart. This provided further reason to exit or trim the long trade.
  4. Time of Day, Premarket, Momentum – Look at the time of day of the trade. Premarket trade action is critical to watch for a general direction in to regular US market open. Also important are the key times, in premarket the 15 minute and 30 minute candles are critical. This was a 9:00 AM  30 minute candle momentum trade.

Live Oil Trading Room Video

On the live oil trading room video the alert for oil trade #1 on the day starts at 1:22:22 on the video timer and at 8:59 AM EST on the time at bottom right of screen with a notice to live trading room that positive order flow indicates a long trade break out set-up building. Over the next few minutes the trigger is activated (I’m concerned at this point about getting too many traders thinking to bullish because break outs are tough, however, I do announce the long trade at 1/10 size). Price target on the day 53.87 is discussed, trading 53.11 at this point of trade in live oil trading room.

You can see on the trading room video the price of oil come off to the 5 min model support and bounce (typical right before a break our for price to come off and then go).

At about 1:30:00 on the video you will see price pressing the resistance on the next upside trading quadrant on the EPIC Oil Algorithm model.

Lessons From Trade # 2 in Break Out.

At approximately 1:57:30 on the video timer we’re executing long again at 54.32 – 54.48. 

  1. Continuation, Intra-day Trend/Strength – There was continuation in the break out.
  2. Resistance Breaks – Price was up over 1 minute range resistance for the long. Price was up over the 30 minute range resistance, and the horizontal historical resistance (yellow).
  3. Close Trade at Range Resistance, You Can Always Re-Enter if Price Continues Bullish – Trade was closed as price entered resistance on the 30 minute model.
  4. Break Out Trade Size Should Be Small – Trade was small at 1/10 size because this is a break out and there is no guarantee the intra-day range developing would hold. Larger size in more appropriate in predictable range trading intra-day.

Lessons From Trade # 3 in Break Out.

At about 3:40:40 on the video we have triggered a trade in $CL_F long 1/10 at 54.31. Here again with tight stops pending order flow.

This was a high frequency order flow battle area intra-day in the break-out area of oil trade in the markets on the day

The time cycles intra day had us expecting more pressure on price that did not occur so when the HFT’s in the market started to trade it stronger we entered with them. This is not a set up that will help the every day oil trader to a great degree unless you were in the trading room with us and understood every detail of the set up as described, not a trade for the beginner.

It was a winning trade, but not the easiest. Most day trades with oil break outs are not what I would describe as easy. At issue, again, is that you don’t want to get caught holding a bag in a failed break out.

The video does go through various other more advanced signals we use as the trade of oil progresses intra-day.

At 3:35:27 on the video you can see buys come in to intra-day crude oil trade in the trading room and the reversal starts.

Trading Rule-Set Lessons:

  1. Positive Order Flow – Buy side order flow started strong as price entered the range of the 1 minute model support (the range is marked with blue/red/white horizontal lines clustered). We wanted a buy trigger lower but considering the bullish action on the day this was the reversal point.
  2. Double Bottom Support – Buy side order flow started strong as price entered the double bottom intra-day range.
  3. Progressive Increasing Volume – Progressive volume was obvious.
  4. Close at Resistance – At 4:00:50 approximately on video recorder timer we close the long trade at resistance on the one minute oil model at the trendline resistance. The timing was perfect for exit also based on intra-day time cycle frequencies (intra-day time cycle frequencies as it relates to trading this day are not what I will explain in this post, in short that specific discipline in our rule-set takes considerable experience). Nevertheless, clear resistance was hit and on the video you will hear me count down to the time cycle completion and a perfect hit to resistance and exit of the long trade.

On the video at 3:35:27 you can see buys come in to intra-day crude oil trade in the trading room and the reversal starts.

oil trading room, trade alert, crude, CL_F

On the video you can see buys come in to intra-day crude oil trade in the trading room and the reversal starts.

Screen shot below of oil trading room live trade alert – we close the long trade at resistance on the one minute oil model at the trendline resistance.

oil, trading, room, screen shot, alert

Oil trading room live trade alert – we close the long trade at resistance on the one minute oil model at the trendline resistance.

There were other miscellaneous trades on the day (all winners) but considering the complexity of signals on this day (considering it was a break out early structure) I think I will leave it there. I would rather focus these posts on the most predictable and easily executable trades for our oil traders to learn.

The next post I will do tomorrow (Monday) evening after we’re done trading for the day. 

If you need some trade coaching go to our website and register for a minimum 3 hours.

Email me as needed [email protected] and remember that I am doing an oil trading information webinar once a week for now on (covering our software status and trading techniques) so email me if you would like to attend this next one – you will need a special link and access code to attend.

Thanks,

Curt

Other Reading:

NYMEX WTI Light Sweet Crude Oil futures (ticker symbol CL), the world’s most liquid and actively traded crude oil contract, is the most efficient way to trade today’s global oil markets. https://www.cmegroup.com/trading/why-futures/welcome-to-nymex-wti-light-sweet-crude-oil-futures.html

Since the end of December when the price of nearby NYMEX crude oil futures fell to a low at $42.36 per barrel, the price recovered to $66.60 in April and fell to a low at $50.52 last week. At $54.50 on the nearby September NYMEX crude oil futures contract on August 9, the price is at the midpoint of the trading range since December 2018. https://seekingalpha.com/article/4284072-crude-oil-monkey-middle

Further Learning:

Learning to Trade Crude Oil is Like No Other. At this link you will find select articles from our oil traders real life day-to-day experience in our oil trading room. Crude Oil Trading Academy : Learn to Trade Oil

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Article Topics; crude oil, trading, strategies, daytrading, machine trading, $CL_F, $USOIL, $WTI, $USO, CL, how to trade, alerts, trading room


A Reliable Method to Determine in Advance Intra-Day Bottom Price, Day High Price, Trading Trend and Timing for Your Crude Oil Day Trading Strategy (Part 1).

The systematic process below that includes actual time stamped oil trade alerts, live video from our oil trading room and charts from our oil trade chat room is easily identifiable when the right signals of trade are in play on any day that you are trading crude oil.

The method below can be learned and reproduced by any trader that studies the trading set-up and strategy explained.

When a trader knows with high probability the likely range of trade for the day then a trading strategy for daytrading can be put in to place.

If you know the likely high of day, low of day, reversal area, trend of trade for the day and the likely timing of the price target areas / reversals this goes a long way to help you with your day trade strategy for executing trades. You can then execute your trades in accordance to those signals until they are no longer relevant or in play.

Hopefully in sharing what happened today in our oil trading room this will help you with your oil daytrading strategy in future.

Part One of this Article will show you how trade transpired today, what we alerted, the charting as it happened, the models we used to determine the high price of day, low price of day, time cycle peak for price targets, the trend on day and more.

Part Two of this Article will explain how you can use this information (the charts, alerts, trading room, chat etc) to develop your own daytrading strategy for crude oil trade.

June 16 Update – Part Two of this Article is Now Complete and can be viewed by clicking here.

How to Day Trade Crude Oil Low/High Price, Trend, Reversal, Size, Timing (Pt 2 Premium) | Trading Strategy.

Today was the weekly EIA Report at 10:30 AM. There was a substantial build reported. Below is a copy of a tweet from ZeroHedge.

Crude oil +6.77MM, Exp. -0.5MM
Gasoline +3.21MM
Distillate +4.57MM
Cushing +1.79MM

Prior to the EIA report coming out I was concerned about it and let the trading room know right before it was announced (the live video is in this article). Even though I expected the oil price to collapse I didn’t trade it down because we were in the last part of our final coding of our machine trade – so I was doing double duty (I wanted to get done).

So the report comes out and oil starts to collapse (you can see all this on the video from the oil trading room for those learning about how oil trades and what to watch for).

At 10:54 AM I alert the oil trading room (with voice broadcast and charting), the oil chat room (see screen capture image below) and alert to the member Twitter feed (screen shot below) that we are looking at the 50.84 area of FX USOIL WTI for possible long trade (trend reversal) for a possible bottom price area on the day. We trade CL futures but alert on USOIL WTI for consistency between instruments of trade for crude oil.

Looking 50.84 area possible longs (bottom of quad) trading 51.26 intra. Shorting all pops thereafter in to quad area resistance.

oil, trade, alert

Looking 50.84 area possible longs (bottom of quad) trading 51.26 intra. Shorting all pops thereafter in to quad area resistance.

Then at 11:54 the price of oil drops in to the area previously alerts, spikes down with a flash and trade reverses. In the oil chat room screen shot below you can see I alerted our long oil trade (machine trade in this instance) in the 50.70s and then the machine trade closed and fired a few other times. This ended up in fact being the low of day in trade. I had alerted that I was looking at the 50.84 area and price hit 50.70s and reversed.

Software fired in there 50.70 s to closing 50.90 s, I didn’t but we’ll see if it holds the range for a bounce.

oil trading room, alert, bottom price, trend reversal area

Looking 50.84 area possible longs (bottom of quad) trading 51.26 intra. Shorting all pops thereafter in to quad area resistance.

You can also see in the screen shot that I was sharing various chart set-ups to help our traders with their trading strategies for the day so they knew where the structured areas of support, resistance etc were.

Then at 12:07 PM I alerted to the oil trading room by voice broadcast, chat room with charting and on live alert feed that the structure of trade had improved and that we expected that the low of day for trade had in fact been put in confirming a reversal.

improved structure, likely near term low in

oil, trade, alert, price, reversal

Oil trade alert, trading room alert low of day price crude oil reversal trend in play.

Then shortly after 12:00 I alerted (to live trading room, chat room, alert feed) that there was a time cycle peak coming at 2:15 (in other words if you are long on the reversal from the day lows that 2:15 would be the area of time on the day for a high for your price targeting on the trade).

I also gave the resistance levels between where trade was at near the bottom of the trading quad (near the reversal area at bottom) and where we seen the top price target of trade. In other words, if you are long the trade watch for the 20 MA on the 5 minute chart above and the mid quad (mid channel) resistance on the 30 minute EPIC model chart.

2:15 time cycle should be the top on any retrace up on the day
20 MA on 5 min overhead
2:15 PM time cycle most bullish scenario we have is 51.90 (mid channel on EPIC quad) trading 51.32
body of 30 min candle at machine line

Then after the resistance areas are overcome in uptrend trade on the day at 1:20 PM (in advance of the 2:15 time cycle peak) I alert in more detail the various price target areas that represent various model charts on different time-frames so that our traders know exactly what levels to watch as price nears both time and region of trade for our trending price targets for the day trade.

Resistance we are watching intra 51.86 mid channel EPIC, 52.14 5 min, 52.10 on 1 min, 2:15 time cycle peak, just hit 51.81 intra. Nice reversal intra in the EPIC quad from just below support of area we had marked. Also watching for signals for longer term trend reversal possibilities.

oil trading room, trade alert, reversal, price target

Screen shot oil trading room trade alert high of day price target timing for reversal for oil trading strategy.

Image capture below from oil trade chat room shows 1 min crude oil model trend and 5 min chart with oil trade trending in to time cycle peak as alerted.

oil trade alert, trend, price target, time cycle

Image shows 1 min crude oil model trend and 5 min chart with oil trade trending in to time cycle peak as alerted

Image below from oil trading room alerting that price reversal strong structure expect possible trend reversal and possible price targets. The first image is the 30 minute EPIC algorithm chart model showing a strong bounce off the bottom area of the quadrant (the alerted price reversal area).

Strong signal the trend on wider time frame is in reversal mode with action seen in this quad today really clean

And because the bounce is so strong and structured properly in the quad that traders could start possibly looking at larger time frame charting for a possible trend reversal and possible price targets in that scenario.

maybe one quad more down but that would be it if so imo
60.41 would be trend reversal target, trading 51.91, 850 ticks ish
sorry its 59.22

trading room, oil trade alert, price targets, reversal, trend

Image from oil trading room alerting that price reversal strong structure expect possible trend reversal and possible price targets.

Image showing oil trade room signals on 1 minute chart for confirmation of intra day trend from HFT trade action. Normally we would explain or alert this as it was happening live, however, in today’s scenario I was doing double duty coding so I was sure to show our traders where / how they could confirm that the intra-day trend (for in future trading strategy) was still in play.

After two hits to the trend then the HFT programs set their confirmation pivot and continue trend. This confirms that a trade can continue looking in to the trend for the day, the price targets for day high and time cycle peak for the day.

this is where the HFTs hammered down today, after two hits to 1 min channel support and hit to 1 min range they hammered down

oil trading room, signals, HFT, confirmation of trend, alert

Image showing oil trade room signals on 1 minute chart for confirmation of intra day trend from HFT trade action.

Two chart images below of crude oil trade from trading room comparing last week trade action and this week in 30 Minute EPIC model. This week the trade is much more structured confirming signals that I will include in Part 2 of this report.

Last weeks quad action

This week quad action

oil charts, models, signal, confirmations

Two chart images for crude oil trade from trading room comparing last week trade action and this week in model. Confirming signals.

The final two images below show that price did in fact spike in to the time cycle peak for 2:15 PM and did reverse in this area of oil trade for a short opportunity as we had alerted much earlier in the day.

peaking in to time cycle intra

trend reversal, alert, oil, trading room, charts

The final two trading room images below show that price time cycle reversal oil trade short alerted earlier.

Next, in Part Two of this article (sent to premium members) I will explain exactly how you can use this information (the charts, alerts, trading room, chat etc) to develop your own day trading strategy for crude oil trade.

I will explain trade signals such as how to know where the time cycles are, what the expected high of day and low of day is most probable and what the trend on the day should be.

Below is the raw oil trading room video feed, if you are learning to trade oil you can correlate the time stamp you see on the images above to the time stamp on the video so you can scroll through the video to specifically what I was saying in the trading room during each alert period. The video below is only a raw feed and I am not broadcasting on mic all day – only when there are alerts and or trades in play (this is why I mention the time stamps). I only include the video because newer students of trade can utilize the live video (and associated comments and charting) to learn, but it is not packaged in short form so you have to dig a bit.

 

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.

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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, Trading Room, Strategy, Signals, Reversals, Trend, Price Targets, Time Cycle

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Below You Will Find Proprietary Oil Trading Signals Not Available Elsewhere. 

When Crude Oil Starts Selling Off Intra-Day Volatility Increases Fast. Knowing Where and Having the Signals for Support and Resistance On The One Minute Chart Will Help Your Trading Strategy.

If you day-trade crude oil futures contracts (or if you are learning how to day trade crude oil) the chart models and signals below will help you understand the structure of trade on intra-day charting (like using a GPS or a map).

The trade signals provided below will increase your trading win rate and ROI on each trade (as you learn to trade the set-ups or strategies).

We can also help you with confirming that the trend is actually bearish (selling in downtrend) and when price is likely to reverse intra-day and oil trade is likely to turn bullish. 

This is part one of a two part post (part one is public and part two is premium member only).

How Oil Sells Off Intra-day on Stairs to Support Floors Down.

The structure of oil sell-offs is not the same as when oil trades up. When crude oil trade is bearish intra-day you will find that it has specific areas of support / floors (this is also true when price is bullish but the structure or steps of trade are different).

When oil is trading down the price will often quickly drop to the next support and will then hang around for sometime and possibly test resistance areas for a possible reversal. When the reversal doesn’t happen or work then price drops quickly to the next floor of support.

The price of oil drops quickly to support and then the bulls will try and trade price back up (along with a certain amount of the shorts covering short positions) for a snap back or price reversal trade. At each support you will find this process occurring.

The more support there is on the charting (on various chart time-frames) the more likely a snap-back trade will occur (price reverses intra-day). This is why we have algorithmic models and conventional charting for all time frames that we use in the oil trading room, in member reporting and coded in to our machine trading software.

The goal is to know where each support and resistance point is on the charting so that you can develop a trading strategy for intra day moves in oil price.  

When you know where the support and resistance is you can then day trade the price of oil with more perspective or clarity.

Before you can learn how to trade a financial instrument (such as crude oil futures contracts) it is important to know the structure of the instrument (as it applies to the charting on various time-frames).

Once you know the structure (the playing field or like I refer to it as a GPS or map) then you need to learn how to trade that specific structure (this is where your personal trading style and strategies come in to play).

Knowing where support and resistance is on the charting allows you to set stops properly, it also helps you with sizing the number of contracts you are trading (trimming and adding to your trade size) and more.

There are two reasons we know the chart structure in the trade of oil (every financial instrument has a structure – like your DNA or the rings on a tree).

One reason is that we construct algorithmic charting models and the other is that we are coding for machine trade of oil. Both reasons require us to back test our charting. It isn’t enough to chart conventional trend-lines (or whatever it is you are charting) and it isn’t enough to design an algorithmic chart model – the assumptions for consideration in trade, such as support and resistances areas, need to be back tested so that you have a quantifiable high probability of success.

You need to know that your assumptions provide highly probable set-ups (trade signals) to provide you a trading edge.

When we chart for the purpose of trading signals we first start with conventional charting (on all time frames) and then move to charting algorithmic models of highly probable areas of support and resistance of trade (visual representation of important structure points of the charting) and then we move to coding what we know to be most probable areas of support and resistance in trade. I should note for completeness that our models provide much more than support and resistance, there are other important trade signals such as time cycles, the structure of trade itself on various time-frames and much more.

We use the charting for crude oil on thirteen different time-frames (1 minute charting through to monthly charting), we chart it on conventional charts, work with algorithmic modelling and back test all the various indicators for up to 60 months (such as moving averages, VWAP, MACD, stochastic RSI and more).

When we back test our assumptions we are calculating the probability of that structure in trade re-occurring. When we find a structure with high probability of repeating then we model that structure and code it to our machine trade software.

In this specific area of day-trading (intra-day sell-offs and reversals) we can help you with what structure is in play on the one minute chart as oil sells off and what to watch for so that you know the sell-off is likely done and the price trend is about to change and turn bullish for price reversal.

Support And Resistance On The One Minute Oil Chart in Sell-Offs.

Specific to crude oil, sell-off support and resistance on the charting is VERY PREDICTABLE. You will find that the areas of support are very precise and price will step down in a very structured way on the chart – this is a near exact science.

Why is the trade of oil so precise on the one minute chart when oil sells off? The answer is very likely because the trade of oil is now mostly done by software programmed / coded for machine trade and this machine trade liquidity has caused very specific structures of trade to manifest.

Lets Look at Some Recent Crude Oil Trade From our Oil Trading Room.

Below is a screen shot from our oil trade chat room on Discord (which is not the same as the live broadcast oil trading room) of a comment and a chart of intra day trade in crude oil (this was posted at 1:03 PM last Thursday).

My comment in the trading room reads “perfect structured sell down out of support in to next buy trigger”. What this means is that crude oil sold off intra day, it lost its area of support (the yellow diagonal trend line on the one minute chart model) and then dropped perfectly to the next support decision line on the chart (yellow line again) and then price bounced to test resistance.

By the way, the crude oil trade alerts are both what you see below (the Discord private server screen images below) and alerted on a private member Twitter feed.

This structure (you see below) occurred over and over again daily this week during sell-offs. This is a very predictable structure for knowing where to short oil intra-day, where to trim (cover) size of your short position and where to possibly find support for a reversal trade in your intra-day trading strategy.

Click here for an article that explains what short selling is.

This is by far one of the most predictable signals available for day-trading crude oil you will find. It has one of the highest probabilities of success in oil trade model charting.

The key to success however is learning what the structure is (having the model at your disposal for when you trade) so that you can size your trades properly and set stop orders properly etc – learning how to use the signals for your strategy and knowing when trade is likely to stop selling off so that you can then begin planning for a trend reversal.

This is a very predictable structure for knowing where to short oil intra-day, where to trim (cover) size of your short position and where to possibly find support for a reversal trade in your intra-day trading strategy.

crude, oil, trading, room, chart

Crude oil trading chat room screen capture of day trade in oil selling off using support. #oil #tradingroom #daytrading

And then in the screen shot below from the oil trading room you will see on the next chart posted to the room that oil started to bounce (or trade up) from the support (or buy trigger signal) on the chart. I then asked our software developer Jeremy to note that the software did not trigger a long trade for our coding updates to be done later that night.

Look close at his answer / comment to my request, he knew why the software did not signal a trigger for a long trade (and also why there was no trade alert as such on our member feed to buy)… it was because the order flow program (our proprietary IDENT software) knew that the machine liquidity in the markets was not buying that support and that they were going to sell it off again.

the order flow program (our proprietary IDENT software) knew that the machine liquidity in the markets was not buying that support and that they were going to sell it off again.

oil, trading, day trading, traders, room

Screen shot of oil trading room, price of oil trying to reverse, day trading signals for our strategy and discussion between traders.

And sure enough, if you look at the next image below you see that they sold oil off again shorting it down to the next step in the sequence to the next support on the chart structure (next yellow line down representing next support in a sell off). Again, it was precise trade action.

they sold oil off again shorting it down to the next step in the sequence to the next support on the chart structure

crude, oil, short selling, daytrade, signal

Oil short sell signal for daytrading strategy on the algorithmic chart model for day traders.

Then you will notice that I alerted the oil trading room (at 1:12 PM Thursday) that the bulls are starting to buy at each support area of the one minute chart (in other words, be aware that a price reversal in intra-day trade could occur soon).

There were buy programs and/or day-traders starting to buy at supports that are not support areas for a continued sell-off, they are areas of support for either indecision (or a decision is needed) or support for trading bullish (or in an uptrend).

This is key – the fact that buys were coming in at bullish support areas or decision areas on the model (this is an early sign or signal of an imminent reversal). These lines are at the white diagonal (signals a decision area of charting) and the blue diagonal (signals bullish support) on the chart model.

Oil was trading at 57.44 on FX USOIL WTI at the time.

This is key – the fact that buys were coming in at bullish support areas or decision areas on the model (this is an early sign or signal of an imminent reversal).

trade signal, alert, reversal, oil trade room

Screen capture of oil trading room alert signalling for daytraders to watch for trend reversal in day trade action.

And then next trade in crude oil reversed with a bounce and was threatening a confirmation signal for trend reversal. I was explaining to our day traders in the room at the time (this screen shot is taken on the weekend so you don’t see who was in the oil trade room at the time in the image) what to watch for in intra-day trade action for a confirmation of trend reversal. In this example I highlighted an area of the chart model where machines are programmed for a price target.

In this example I highlighted an area of the chart model where machines are programmed for a price target.

trend reversal, bounce, trade, crude oil

And then next trade in crude oil reversed with a bounce and was threatening a confirmation signal for trend reversal.

And then in this image (screen shot from oil trading room) you see that trade hit the price target and got through resistance confirming more that the low of day in trade had been put in and that we were now alerting bias to uptrend trading signals going forward for oil trade on the day.

Note the low of day was in fact 57.33 and I has alerted at 57.44 that the bulls were starting to step in (during the extreme sell-off) at key bullish areas of the algorithm chart model – this is machine trade. Knowing what the large liquidity in machine trade is doing is key now when day trading crude oil. This is very important.

Note the low of day was in fact 57.33 and I has alerted at 57.44 that the bulls were starting to step in (during the extreme sell-off) at key bullish areas of the algorithm chart model.

oil, trading, room, reversal, trade, signal, alert

Image (screen shot oil trading room) oil trade hit price target through resistance confirms uptrend trading signals

Looking at the chart below you can see very clearly how precise the day trading signals are on the daytrading algorithmic crude oil model.

  • The green arrows show three shorting opportunities from yellow diagonal support / resistance to the next yellow diagonal support / resistance (like stairs stepping trade down in the model).
  • You will notice that the last stair down that trade over shot the yellow line a bit, this is a signal that an intra-day bottom is being put in.
  • You can also notice (from the charts shown above) that as buying came in at the decision support / resistance lines (white diagonal lines on chart model) and at the blue decision diagonal support / resistance lines that I alerted a possible trend reversal in trade.
  • Then you will notice (see chart below) that trade got through the yellow resistance after bouncing (yellow arrow on chart) – this is a bullish intra-day signal that a reversal is likely near.
  • And then next in trade you will see that trade bounced at the blue diagonal trend-line (blue arrow) when it pulled back from resistance, a bounce at a blue line is further confirmation that trade is now bullish intra-day. The blue lines are used as support and resistance in an intra-day uptrend.
  • And then the subsequent blue arrows on the chart show how trade breached in to the next bullish area, then pulled back and used the blue line as support (after confirming up after hitting a decision white line) for a bounce and then so on through the bullish trade reversal in the daytrading sequence.
  • Blue is for trading in uptrend, yellow is trading a sell off, white is a reference point for a decision to go up or down in trend on the model.
  • The trend-lines on this algorithm model are not conventional. The trend-lines are algorithmic calculations and therefore proprietary and not available elsewhere.

How powerful is that for an oil daytrader?

Knowing exactly where the support and resistance is during a sell-off and knowing with high probability where the turn is likely to happen for reversal in trade and then knowing exactly where to trade the uptrend.

daytrading, crude, oil, signals, algorithm

Algorithmic chart model for shorting oil, trading a reversal in oil and decision areas of daytrading signals.

Below is the video explanation that accompanies this post (live oil trading room footage included).

In part two (the premium member post) we will take a deeper look at strategies for trading the one minute model (such as trade sizing and seeing the reversals in advance) and I will provide chart links to the proprietary algorithmic models via email to our members.

Protected: Part 2. Deep Dive Day Trading Signals Crude Oil Sell-Off, Reversals, Trend Trade | 1 Min Strategies (Premium).

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:

Standalone Oil Algorithm Newsletter (Member Charting Updates Distributed Weekly).

Real-Time Oil Trading Alerts (Oil Trade Alerts via Private Twitter Feed and Discord Private Chat Room).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (Weekly Newsletter, Trading Broadcast Room, Chat Room, Real-Time Trade Alerts).

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: Day Trading, Crude, Oil, Trade Alerts, Trading, Oil Trading Room, Strategy, Signals, Shorting, Support, Resistance, Reversals, USOIL, WTI, CL_F, USO

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Crude Oil Day Trade Strategies (Live Video from Oil Trading Room with Alerts) for EIA, Market Open, Model Resistance, Time Cycles.

This video does not have any high flying trades, what it does have is important lessons for day trading crude oil and understanding how to use the oil trading models to your advantage. It also discusses in detail the time cycles and what to expect in trade action.

#oil #trading #strategies

Voice broadcast starts at 13:30 on oil trading room video.

January 30, 2019 Oil Trading Room Live Session Summary Notes.

13:30 premarket for regular market open comments about important resistance on EPIC Algorithm model and where trade should settle intra-day (at top of quad or mid quad) in advance of EIA petroleum report at 10:30.

14:30 comment to not buying the “pop” in price as I expected crude oil trade to calm in advance of EIA report timing. The resistance hidden pivot (yellow horizontal line on chart) is discussed.

15:00 Comments toward time cycle inflection on global markets (including crude oil) over next 3 or 4 days is discussed. We could inflect up or down on other side of time cycle peak. 55s is very possible (even a blow off in to 56 is possible) as an inflection up over next few days and a double extension up could happen. Time cycle in to mid May 2019 is the main pocket of trade sizing timing. See special report guidance in to May 2019 for crude oil.

Time cycle from end of Dec to now was difficult to trade with swing trade sizing but the next time cycle I can’t miss (the one starting in next few days in to mid May).

18:40 looking for whether price trade can get above pivot and structure a base for a trade on the model.

At 37:37 I comment to stagnant trade not being a surprise in to EIA and that I was looking for a slight short 20 to 30 points in to EIA. Trading 54.00 intra-day.

By 1:13:37 on oil trading room video you can see price did come off as expected.

At 1:17:30 EIA is in just under a minute. The model support and resistance is explained.

1:18:40 the one minute model has resistance in trade just over-head (chart not shown).

1:19:20 I announce the EIA petroleum report results and comment that generally trade should be bullish. At 1:20:00 price hits near top of quad.

For a number of weeks we’ve been targeting 55s Jan 31 to Feb 3 so this could be what finishes the trajectory on that time cycle peak.

Screen capture of oil trading room… “could be final move in to 55s if open is strong.”

oil, trading, room, alert, chart

Screen capture of oil trading room… could be final move in to 55s if open is strong

1:21:40 I am long at 54.24 for a trade above 1 minute support and EPIC model support. Test size trade long crude oil.

EPIC Crude Oil Trade Alert feed screen capture showing trade alerts for trade on the day. You can see that earlier in the day in overnight futures trade that I was actively trading for decent profit.

crude, oil, trade, alerts

EPIC Crude Oil Trade Alert feed screen capture showing trade alerts for trade on the day.

Resistance 54.32 is noted as key resistance for the trade and the top of the quad and a comment to not getting to excited because of the various resistance points nearby.

1:23:27 we get a touch to the resistance. The test of resistance is commented to. 54.59 upside price target discussed if resistance is breached. Price did in fact hit that on the day later.

Resistance at mid point of trading box on the 1 minute model is discussed. At 1:26:00 on video I close the trade for a small gain at 54.29. Wasn’t interested in dealing with the resistance.

Remember at this point I am still holding DWT short from a number of days ago. The entry short was 13.57 and it hit 8s intra-day. Hoping for 7s before closing.

1:28:15 I show on the model the upside scenario and channel resistance being likely.

1:28:40 I discuss the recent sell off in crude oil in to 41s and our call to 55s in to this time cycle peak is discussed and why this area of trade is low risk reward. Also discussed is the type of trade action to expect in to the peak of the cycle in to Jan 31 – Feb 3.

Later in day I reiterate the time cycle peak in crude oil with price target guidance and visual representation of the time cycle and price target on oil chart model for our member strategy.

Time cycle conclusion near term on oil is 55.40 price target from previous reports last number of weeks (could spike in to 56.00) expiring on about Jan 31 – Feb 3. HOD was 54.90. We expect at min a small pull back. FX USOIL WTI
Likely close short DWT (long oil) soon for short term only.
Curt Melonopoly Yesterday at 11:37 PM
Visual representation of the crude oil time cycle

Screen capture from oil trading chat room discussing trading strategies for time cycle peak and price target.

oil, trading, room, price target, time cycle, strategy

Later I reiterate time cycle crude oil price target and visual representation of time cycle and price target.

THE TAKEAWAYS – Main Oil Trading Strategies Learned on Video:

Just because oil was bullish in to the market open and normally that would mean a buy trigger – it doesn’t always mean buy.

– In this instance it was Wednesday and the timing of EIA coming in one hour after open had me hold off my long trade because trade normally softens in advance of EIA. Bulls and bears stand-off. Also, there was a key pivot resistance on the oil chart model in play. For these reasons and more the trade set-up was not ideal for risk reward. It wasn’t a high probability long trade.

Know your resistance and support when trading and get out quick when resistance becomes real like with my EIA trade on this video.

It is highly recommended you review recent reporting, discord room chat (regular guidance is posted in the oil chat room private server) and the various videos that are released on a regular basis.

Recent Learning Posts and Videos (most are premium member locked posts).

Jan 29 – Trading the Main Support and Resistance on EPIC Algorithm Model. How to Post.

100 Tick Move | Crude Oil Day Trading Strategies | Trade Model Support and Resistance.

Jan 27 – Premium Member Private Post (Weekly Reporting & Guidance).

Oil Trade Strategies | Day Trading Crude Oil | Premium Member Weekly Guidance.

Jan 22 – Compounding Gains Day trading Crude Oil.

Not Just Concept: Day Trading Crude Oil 10K – 1 Million in 24 Mos at 10 Ticks Day (Compound Gains).

Jan 20 – Weekly Crude Oil Trading Strategy Guidance Private Post for Premium Members.

Oil Trade Strategy | Day Trading Crude Oil Futures | Premium Weekly Guidance.

Jan 19 – A detailed inside look at our day traders’ strategies in crude oil day trading room.

How I Day Trade Crude Oil +90% Win Rate | Friday’s 158 Tick Move | The Strategy We Used To Trade It.

Jan 18 – By far one of the most important videos for day trading crude oil since our inception;

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

Jan 14 – Oil day traders need to see this article;

Crude Oil Day Trading Strategy | Oil Trading Room Video | Lead Trader Guidance.

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:

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: Day Trading, Crude, Oil, Futures, Oil Trading Room, Strategy, Price Targets, Time Cycles, 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 [email protected] 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 [email protected].

For a similar article I wrote click here: One of The Best Crude Oil Day Trading Strategies – 200 MA One Minute Chart Time Frame #OOTT $CL_F $USO $USOIL

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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Crude oil trading room video of lead trader reviewing oil trading signals / oil trading strategy for this week.

#OilTradingRoom #OilTradingSignals #OilTradeAlerts FX $USOIL $WTI $CL_F $USO 

Transcript summary highlights:

October 2, 2018 12:02 PM Oil trading strategy for this week.

Voice broadcast doesn’t start until 6:00 on video.

Quick review for oil trading plan this week, first up is EPIC Oil Algorithm.

Price targets on EPIC Oil Algorithm model are in a cluster this week around API Tuesday 4:30 and Wednesday 10:30 and oil intra-day is trading within the price target cluster which doesn’t surprise me.

Last few weeks have been tough for me personally trading oil.

Oil is in parallel channel above where it was trading in the model. Oil is in bullish trend but I don’t trust trade divergent in a channel parallel to where it should be trading.

I have two different trading plans for trading oil this week – one for swing trading oil and one for intra-day trading oil.

Swing trading plan thesis is based on a long entry at or near the bottom of the channel in oil trade on the chart on video. Same thesis as last week and I missed my entry. I will be looking for a long with a stop and re-enter as I need to get positioning, it will be in size.

There are some comments at this point on the video to trading psychology reflecting on my own challenges getting positioning in oil trade.

The intra-day oil trading plan is simple and based on how oil has recently been squeezing, so if it squeezed again I’ll just go with it with stops and I won’t sit under pressure.

If I have to take some paper cuts I’ll take the paper cuts to get positioning (as with my swing trade plan also).

The second chart reviewed in the video is a weekly oil chart highlighting the wedge and some inlay Fibonacci quads with trend-lines. 74.23 Oct 22 is a downside scenario on that chart with 68.39 worst scenario same day, but when you weigh the recent trend up that isn’t likely. Upside trade resistance areas on FX USOIL WTI are at 76.84, 78.36, 79.64.

The charts below correspond to charts reviewed on the trading room video (previously published in weekly oil report).

Crude, oil, trading, algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Oct 2 410 AM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude, oil, weekly, chart

Crude Oil Weekly Chart Wedge. Testing resistance points on chart intra-day. Oct 2 521 AM FX $USOIL $WTI $USO $CL_F #oiltradealerts

Other Crude Oil Trading Reports & Videos:

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

Crude Oil Trading Room – Member Oil Trade Signals / Alerts for Trading the EIA Report (w/ video).

Oil Trade Alerts: How We Knew Where Oil Sell-Off Bottom Was in Advance. Crude Oil Trading Strategy.

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:

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://[email protected]

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, Trading Room, Oil Trading, Alerts, Signals, Crude, Oil, Trade, Strategy


Oil trading room video of lead trader discussing oil trading signals, alerts, price targets and charts that comprise oil trading strategy leading in to the EIA Petroleum Report Wednesday at 10:30 AM.

#OilTradingRoom #OilTradingSignals #OilTradeAlerts FX $USOIL $WTI $CL_F $USO 

Transcript summary highlights:

Sept 25, 2018 12:05 PM Oil trading plan.

I am looking for crude oil trade to come off in price in to the lower channel support on the crude oil algorithm (EPIC the Crude Oil Algorithm), or as near as possible.

I am looking for a significant size in trade of crude oil long if I can get a price entry near the bottom of the channel (the main point of my trading plan).

Below is the crude oil charting from the Sunday oil algorithm report sent to members. The channel (orange up trending lines) corresponds with the charting discussed in the video.

crude, oil, trading, algorithm, current trade

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Current crude oil trade. Sept 23 1113 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Large liquidity in oil trade is leaning in to the long side oil trade now.

There is even talk of 100.00 crude oil possible now – the Market Watch article states;

Amid the fresh enthusiasm, some have even been talking about a return to $100-a-barrel oil.

Read the Bloomberg article here: Major Traders Are Talking About $100 Oil Again.

The video was recorded mid day on Tuesday and I was expecting price pressure in oil coming in to API petroleum reporting Tuesday 4:30.

As it turned out, price did have pressure shortly after this video was recorded in the oil trading room and the API report at 4:30 later in the day did show a build in crude oil stocks larger than traders expected. Read a related article here: Oil Pares Gains As API Reports Surprise Crude Build By Julianne Geiger – Sep 25, 2018, 3:44 PM CDT.

In oil futures trade FX USOIL WTI is trading 71.99 off from 72.60 around the time when this video was recorded in the trading room but price has not achieved the lower channel support as of yet (9:15 EST Tuesday evening).

If I get the entry in oil that I am looking for I will stay in the swing trade for some time and I will day trade oil per the oil algorithm trading signals.

Intra-day oil is trading slightly divergent to the high side in the up trending channel on the algorithm model that was published for members in the weekly Sunday report, but that (divergent upside trade) will happen when trade is bullish.

I had expected price pressure in to upside crude oil price in to the swing trading range provided on the algorithm charting (horizontal gray resistance / pivot line).

Tuesday 4:30, Wednesday 10:30, Friday 1:00 price targets reviewed on the oil algorithm.

Trump has had some problem getting the price of oil to come down and it doesn’t look like that scenario is on his side geo politically. There is an article here that does provide a scenario for lower oil prices however.

Also reviewed on the video are the 30 minute candles for oil trade. I was looking for a possible intra-day short position.

30 Minute Candles in Oil Trade that is discussed in video (oil chart from trading room video).

Crude, oil, chart, trading, signals, oil trading room

30 Minute Candles in Oil Trade that is discussed in video (oil chart).

Bottom line is that my trading plan for crude oil is a significant long side trade with hard stops and I will re-enter as needed to get my positioning.

Below is a screen shot of the oil trading room chat guidance from earlier today.

oil trading, room, trading, signals, crude

Screen shot of crude oil trading room, lead trader discussing oil trading signals and strategy in chat. #oiltradingroom

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

Crude Oil Trading Signals Discussed in Trading Room Here:

Learn More About How to Trade Crude Oil / Feature Reports:

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

Oil Trade Alerts: How We Knew Where Oil Sell-Off Bottom Was in Advance. Crude Oil Trading Strategy.

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:

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://[email protected]

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

Follow:

Article Topics: Crude Oil Trading Room, Oil Trading Alerts, Oil Trading Signals, Crude, Oil, Trade, Strategy


Crude Oil Trading Algorithm Chart Report (EPIC) Monday September 17, 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 total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading 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 explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is currently maintaining a crude oil trading alert win-rate of over 90% (as of Sept 2, 2018 – time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are made available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

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

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles from our blog about how to trade crude oil with our oil trading algorithm:

Oil Trade Alerts: How We Knew Where Oil Sell-Off Bottom Was in Advance. Crude Oil Trading Strategy.

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.

“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. 

MULTI-USERS: Institutional / commercial platform now available.

SOFTWARE: My algorithmic charting is now also in the 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 oil traders with a signals edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing. You will also find below introduction of our Generation 2 machine trading models.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information 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 algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX $USOIL $WTI published Sept 17, 2018.

A Generation 1, Version 6 model (with and without machine trading chart overlays) is currently also available. Per member request we will continue to post both Gen 1 and Gen 2 models (we had previously planned to discontinue including Gen 1 in weekly reporting).

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:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Current crude oil trade. Sept 17 441 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/aIhSI7ji-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Current-crude-oil-t/

crude, oil, trading, algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Current crude oil trade. Sept 17 441 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Sept 17, 2018

Generation 1 Model Oil Trading Signals

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 near bottom of this report – conventional charting trend-lines).

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 72.54 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 68.93 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 – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

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.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 65.32 – 68.92 and upper trading range 72.55 to 76.15.

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 under key resistance on weekly chart.

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

Intra day bias is up as the trading the last number of days has been in sell mode so a bounce should occur soon, however, the MACD is turned down on the daily chart and this indicator is usually a leading indicator for oil trade.

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

Swing trading bias / forward guidance as of Sept 17, 2018 5:14 AM EST for the near term (two week swing trade) is bullish in uptrending channels as trade bounced off range support (thick gray line) in overnight futures trading. 

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 72.55 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).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Generation 2 models per below in this report.

Also, the recent trade coaching boot camp provided for excellent trading on the Friday in oil and also many other charting set-ups – excerpts from the trade coaching event will be released soon for members.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down trending channel scenario. Sept 17 522 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

crude, oil , algorithm, down, channel, chart

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down trending channel scenario. Sept 17 522 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up trending channel scenario. Sept 17 524 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Crude, oil, algorithm, uptrend

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up trending channel scenario. Sept 17 524 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 2 Model Oil Trading Signals.

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per previous;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-trading Crude Oil 1 Minute Chart Signals

Sept 17 – Currently in updating by technician, will be added to Discord room when available.

During a squeeze trade spikes upward through the highlighted area and then rests and works its way through the next area and spikes through the next highlighted area. This does not occur in regular trade. More on this chart in our special reporting for oil trading over the coming days.

7:58 AM update Sept 17:

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 17 723 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

https://www.tradingview.com/chart/USOIL/dn38QRqh-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-frame-Sept-1/

Crude, oil, chart, 1 min

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 17 723 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

Per recent;

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 11 151 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

https://www.tradingview.com/chart/USOIL/SOTfqMf9-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-frame-Sept-1/

Crude, oil, day, trading, chart

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 11 151 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart:

Sept 17 – Oil trading at monthly pivot 69.54 per previous chart below;

Crude Oil Monthly Chart. Near 200 MA, still trading generally between 200 MA and 100 MA on monthly. Sept 11 159 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/03XF1bEv-Crude-Oil-Monthly-Chart-Near-200-MA-still-trading-generally-be/

Crude, oil, monthly, chart

Crude Oil Monthly Chart. Near 200 MA, still trading generally between 200 MA and 100 MA on monthly. Sept 11 159 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart

Weekly Crude Oil Chart:

Crude Oil Weekly Chart Wedge. Failure at lower trend line likely. Sept 17 618 AM AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/SqcHep3l-Crude-Oil-Weekly-Chart-Wedge-Failure-at-lower-trend-line-likely/

Crude, oil, chart, weekly, wedge, setup

Crude Oil Weekly Chart Wedge. Failure at lower trend line likely. Sept 17 618 AM AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart

Per recent:

Below are three weekly chart scenarios.

Crude Oil Algorithm Simple Weekly Gen 1 Model has price at 72.11 Sept 10. Sept 2 1052 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/MLUSjRgB-Crude-Oil-Algorithm-Simple-Weekly-Gen-1-Model-has-price-at-72-11/

Weekly, oil, trading, algorithm

Crude Oil Algorithm Simple Weekly Gen 1 Model has price at 72.11 Sept 10. Sept 2 1052 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Sept 10 crude oil price target scenarios. Sept 2 1048 PM $USOI $WTI $CL_F Weekly #chart #oil

https://www.tradingview.com/chart/USOIL/qJPd2GCF-Sept-10-crude-oil-price-target-scenarios-Sept-2-1048-PM-USOI/

weekly, oil, price, targets

https://www.tradingview.com/chart/USOIL/qJPd2GCF-Sept-10-crude-oil-price-target-scenarios-Sept-2-1048-PM-USOI/

Crude Oil Weekly Chart Scenario III Sept 2 1043 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/EzqJ1NvT-Crude-Oil-Weekly-Chart-Scenario-III-Sept-2-1043-PM-FX-USOIL-WT/

Crude, oil, weekly, chart, scenario

Crude Oil Weekly Chart Scenario III Sept 2 1043 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:

Crude Oil Daily Chart, MACD turning back up with price above 50 MA Sept 17 623 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/4zzZ0a9h-Crude-Oil-Daily-Chart-MACD-turning-back-up-with-price-above-50/

Crude, oil, daily, chart

Crude Oil Daily Chart, MACD turning back up with price above 50 MA Sept 17 623 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #chart

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:

Sept 17: Previous remains signal;

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 12 951 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Significant probability oil hits 79.50 ish Dec 3, 2018 ish. But over that area unlikely unless there is a geo political event. Over 79.50 the shorts would get wrecked. Low 50s most probable by 2022. Early Dec 2018 is likely the highs. $USOIL $WTI $CL_F $USO #OOTT

https://www.tradingview.com/chart/USOIL/ouLad9xj-Crude-oil-weekly-trendline-chart-suggests-79-50-area-Dec-3-2018/

oil, trend lines, chart

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 12 951 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 7 605 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

https://www.tradingview.com/chart/USOIL/bS8T4ism-Oil-Chart-Weekly-Oil-trend-lines-on-weekly-time-frame-Aug-7/

Oil, trend line, chart

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 7 605 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 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 (sample signals):

Sept 17 – Recent trade alerts will be updated soon.

Aug 12 2018 – Recent trades are found in this recent report:

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

Click on feature post for recent crude oil trading alerts blog post; Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

Oil trade alert to start the week 68.61 long, 68.85 closed. Win rate high 90% – ask for a tour. Time stamped, recorded, live alerts. 

Oil trade alert to start the week 68.61 long, 68.85 closed. 

oil, trading, alert

Oil trade alert to start the week 68.61 long, 68.85 closed. EPIC Oil Algorithm $USOIL $WTI $CL_F #OilTradeAlerts $UWT $DWT

Oil trade alert to start the week 68.61 long, 68.85 closed (Part 2). 

Crude, oil, trade alert, PT2

Oil trade alert to start the week 68.61 long, 68.85 closed (Part 2). EPIC Oil Algorithm $USOIL $WTI $CL_F #OilTradeAlerts $UWT $DWT

Machine trading 🙂 

A scalp to start the day. Multi-month winning streak continues. Ask for a tour of the feed if you need proof. 

100% personal alerted oil trade win rate documented, recorded, alerted real time to feed continues for months (we did have one loss alert by a tech a few weeks back). 

Live oil trade alert. Long 69.06 US OIL WTI 1 5th sizing EPIC Oil Algorithm.

oil, trade, alerts, WTI

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.

oil, trading, alerts, crude

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. 

oil, trading, alert, long

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.

Live, oil, trade, alert, trim

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

Overnight oil trade: short 72.79 add 72.71 cover 72.27s-72.35s. Not cleanest trade but HUGE win. 100% win rate continues (for months). Guidance detail in oil trading room (to expect heat). Live alerts, time stamped, recorded.

Overnight oil trade alert short 72.79 add 72.71 cover 72.27s to 72.35s. Not cleanest trade but HUGE win. 100% win rate continues 

Oil, trade, alert, short

Overnight oil trade short 72.79 add 72.71 cover 72.27s to 72.35s. Not cleanest trade but HUGE win. 100% win rate continues $USOIL $WTI $USO #OIL #Trading #Alerts

Member guidance in oil chat room this morning “i’ll be selling spikes in to resistance until it doesn’t work – the larger more obvious i’ll alert against downtrend upper channel orange dotted etc” 

Member guidance this morning in crude oil trading room – i’ll be selling spikes in to resistance until it doesn’t work 

Oil, chat, trading, room, guidance

Member guidance this morning i’ll be selling spikes in to resistance until it doesn’t work $USOIL $WTI $USO $UWT $DWT EPIC Oil Algorithm #oil #trading #alerts

Scalp day. 100 percent win rate for months continues. Time stamped, live oil alerted, recorded. 

100 percent win rate for months continues. Time stamped, live alerted, recorded. #oilalerts

oil, trade, alerts, winning, rate, ,best

100 percent win rate for months continues. Time stamped, live alerted, recorded. $USOIL $WTI $USO $UWT $DWT EPIC Oil Algorithm #oil #trading #alerts

Oil trading chat room member guidance and intra day daytrading charting example ‘70.02 would be the swing retrace. So the thesis is sound but you may have pain before potential drop”.

oil, trading, chat, room, guidance

70.02 would be the swing retrace. So the thesis is sound but you may have pain before potential drop.

Crude oil trading room member guidance and intra day daytrading charting example “Target is in 70.70 area so I will likely give this lots of room swing if I have to. We’ll see”.

oil, trade, alert, price, targets

Target is in 70.70 area so I will likely give this lots of room swing if I have to. We’ll see. FX $USOIL $WTI #OilTrading

Oil trade chat room member guidance and intra day daytrading charting example “Machines defending the retrace intra day”.

oil, machine, trading, WTI

Machines defending the retrace intra day FX $USOIL $WTI #OIL #Algorithm

Trims / close longs 71.39 to 71.71 crude oil trade alert. 

Long 71.21 oil trade alert with the one add. 

Today’s #EIA oil trade with Oil Algorithm (EPIC) Live alert entries (green) exits (red).

Screen shot member oil chat room first oil trade alert of day – Long 71.21 hoping we squeeze in to EIA

EIA, oil, trading, chat, room

Screen shot member oil chat room first oil trade alert of day – Long 71.21 hoping we squeeze in to EIA

One minute algorithmic on the fly chart trade came off after initial long side oil trade alert- see green arrow. 

oil, trade, alert, chart, trades

One minute algorithmic on the fly chart trade came off after initial long side oil trade alert- see green arrow. #oiltradealert #oil

Screen shot of crude oil signals alert to trim half at 71.39 place stop 71.26 on remaining half and resistance guidance. 

oil, trade, alert, trim, position

Screen shot of alert to trim half at 71.39 place stop 71.26 on remaining half and resistance guidance. #oil #trading #chat

Oil chat room screen shot of next trade signal alert to trim long at 71.52 25 percent and hold 25 percent.

oil, trading, alert, chat, room

Oil chat room screen shot of next trade alert to trim long at 71.52 25 percent and hold 25 percent.

Final crude oil trade alert signal to close final 12.5 percent at 71.74 and hold 0 percent at chart resistance.

oil, crude, oil, trading, alert

Final crude oil trade alert to close final 12.5 percent at 71.74 and hold 0 percent at chart resistance.

And then the post EIA 1030 Wed trade alert with trading signals plan price targets were posted – usually wait 2nd 5 min candle

oil, trade, alerts, EIA, report

And then the post EIA 1030 Wed trade alert with trading plan price targets were posted – usually wait 2nd 5 min candle

And then this happened, oil shot up right through the price targets from the alert.

oi, trade, alert, price, targets, reached

And then this happened, oil shot up right through the price targets from the alert.

Winning streak continues. 100% live oil trade alert win rate for many weeks now. Time stamped real time. 

EPIC Oil Algorithm trade alert wins continue for many weeks now. Time stamped real time. 

oil, trade, alerts, winning, streak

EPIC Oil Algorithm trade alert wins continue for many weeks now. Time stamped real time. FX $USOIL $WTI $CL_F $USO #OIL #OOTT #Oiltradealerts #algorithm

Boom “3rd target hit. Trade thesis complete for #EIA. Next levels to follow. 

First 3 targets intra if long side trade alert holds. Trim in add above or on pull back and turns up.

oil, trading, plan, chart, price, targets

First 3 targets intra if long side trade alert holds. Trim in add above or on pull back and turns up. Oil Algorithm (EPIC). June 20 1046 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Trade is using our 50% retrace on daytrade coding level intra as pivot.

oil, trade, alert, member, guidance, charting

Trade is using our 50% retrace on daytrade coding level intra as pivot Oil Algorithm (EPIC). June 20 1058 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Close up of intra day trading battle.

oil, trading, plan, chart, alert

Close up of intra day trading battle #daytrading Oil Algorithm (EPIC). June 20 1105 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

1st of 3 targets hit. Curt didn’t get it but coding team did.

oil, algorithm, trading, alert

1st of 3 targets hit. Curt didn’t get it but coding team did. Oil Algorithm (EPIC). June 20 1121 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Up over 1st target longs want to trim in to 2nd target level.

live, oil, trade, in progress

Up over 1st target longs want to trim in to 2nd target level. Oil Algorithm (EPIC). June 20 1141 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

3rd target hit. Trade thesis complete for #EIA. Next levels to follow.

oil, trade, alerts, targets, complete

3rd target hit. Trade thesis complete for #EIA. Next levels to follow. Oil Algorithm (EPIC). June 20 1148 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Daytrading support and resistance fractals (white arrows key).

daytrade, oil, alert, guidance, chart

Daytrading support and resistance fractals (white arrows key) Oil Algorithm (EPIC). June 20 1209 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Recent Oil Algorithm Price Target Hits:

Sept 17 – Price Target Reporting will be updated soon.

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Wed 1030 EIA report lower price target a perfect hit published on weekend report.

Oil, algorithm, price, target, hit, EIA

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Tues 430 lower price target a perfect hit, as published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Tues 430 lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil, algorithm, price, target, hit

Tues 430 lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

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 [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

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

EPIC the Oil Algo

Subscribe to my Service here:

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Connect:

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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, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


Last week I was involved in a friendly oil trading challenge. The live alert trading challenge was between myself and our coding team (the team coding our oil algorithm charting models to a machine trading software platform).

The results are mind-boggling – learn to trade oil with the one or two set-ups explained below and you will realize returns so significant that you will likely never turn back.

This (and the follow-up) are the most significant trade reviews and analysis we have done since our inception. Take the time you need to study this report if you want to be profitable trading crude oil.

In this challenge we both used exactly the same charting – conventional crude oil charts and algorithm oil charts (courtesy of EPIC Oil Algorithm).

The coding team realized oil trading profit was hundreds of percent greater than mine. We both won – but they won big.

The coding team won big – with less time invested, less stress and they used a simple, absolute, rigid rules based oil trading system.

How they did it is explained in detail below.

This report could easily have been titled, “How to Trade Crude Oil in Today’s Market – With Intelligent Assisted Technology (EPIC Oil Trading Algorithm).” However, it was a friendly competition between myself (lead trader) and our coding team, hence the title I used.

As you will see below, the results are absolutely astounding.

Allow me to explain who this article is suitable for, what data is reviewed in this report, the charting used and what trading rules were used.

This report is suitable for the following reader(s);

  • If you want to learn to trade crude oil,
  • If you already trade oil, are struggling to be profitable, and in need of a proper rules based trading process to be sure you win,
  • If you are a pro oil trader exploring other profitable oil trading systems that may assist your ROI / ROE objectives,
  • If you are researching what the future of the best oil trading systems will look like, 
  • And of course this report is a great study guide for current EPIC the Oil Algorithm clients.

Below I review in detail the following (with real chart examples, copies of our trading alerts and more);

  • The surprising final results of our oil trading challenge between man and machine algorithm (both using the same information),
  • The rules based trading process used,
  • My personal learning experience after last week’s trading challenge.

How Trades Were Executed and the Information Used by The Traders (charts, algorithms).

As I explained above, this was a competition between our algorithm coding technicians trading crude oil with EPIC the Oil Algorithm chart models (algorithmic oil charting) vs. myself (lead trader at Compound Trading Group) using the exact same algorithmic charting and conventional charts. We both had access to the identical charting – algorithmic oil charting and conventional charting on various time frames.

In fact, the coding team executed their trades manually (as did I, of course). They were not executing their trades automatically (machine trading).

The massive difference in the trading results (the profit achieved) after the week of trading is directly a result of

  • How the charts were used (interpretation),
  • What charts were used and why (which charts were given more or less weight in decisions), and
  • How trades were executed within the charting time-frames and structure.

In other words, we both had exactly the same information at our disposal, we both executed our trades manually, but we executed our trades on a slightly different rule-set within the same structured rules based trading system.

I was executing trades manually and intuitively (as a pro trader- in my mind) using EPIC the Oil Algorithm Charting Models (even on different time frames) and I also used conventional crude oil charting.

The coding team used the exact same oil charts, but the difference was that they executed their crude oil trades under a very strict system – using only the rules as prescribed by and under the reporting that is distributed to our clients in the weekly EPIC Oil Algorithm newsletter reports (the reports for those unaware include a rules based system along with various charting for the week).

The system of trading oil the coding team implemented was rigid to the rules of our algorithm model and my system was more pro trader intuitive – I flexed the rules as I felt I needed to. That was the simple and only difference.

Learning to trade crude oil successfully is not an easy task because conventional charting rules do not apply in many instances. Crude oil trading can be very volatile and as a result oil trading can be very profitable if you are on the winning side in most trades. If you loose as an oil trader it can be very punishing. 

To trade oil successfully you need to know the structure of oil trade – the rules book and the playing field. Understanding the structure of oil trading charts, how to execute trades properly within that structure and when to cut losses and trim gains is critical to your return on investment (ROI) or return on equity (ROE).

Specifically how the coding team beat me so bad last week.

Lets review real life examples of the price of crude oil over the last week, how we each traded it, the conventional charting we used, the intelligent assisted algorithm charting we used, the trade alerts sent out, when and how each of us executed crude oil trades for excellent winning side returns, but with significantly different results.

The week prior to this challenge something interesting happened, our coding team foreman was allowed to start alerting oil trade alerts to our Twitter alert feed and wouldn’t you know it, in his first two alerts he lost big (I think he had a few small wins also). I on the other hand have been on the winning side of my trade alerts for months now. Of course our members enjoy that predictability… but there is a much bigger story here.

When our coding foreman lost, he was on the losing side of his first two alerts of his career because he didn’t follow one simple rule:

He did not close the trade when it went against him and as a result he lost big.

He alerted the trade entry properly, but when the trade of oil went against him he didn’t alert to close the losing trade.

This caused significant stress, challenged our team and much discussion ensued. We rolled around our work, the charting, the algorithm models, machine trading software scenarios, alerts, trading rules and more – over and over and over.

On my side of the story, I am alerting winning oil trades for months now with-out fail, but my trades are quick and only on the winning side of 10 cents to approximately 40 cents… about 20 cents on average. Now in oil futures a 20 cent or 30 cent win consistently is a fantastic living and in my thinking that’s great because I near always win and if you near always win that’s just fine…

but it doesn’t nearly take advantage of the power of the trading algorithm model charting I have at my disposal.

So before our challenge last week we both had a problem, I was leaving the majority of the obvious profit on the table even though my trade alerts were winners every time and he was not following the rule of closing a losing trade side alert that goes against you, and closing it fast.

We were both breaking the rules and we both would have much higher ROE if we adjusted some very simple things… our coding foreman adjusted perfectly – me, not so perfect – but this week is a new week so watch out!

Anyway, so we agreed to a challenge, he would not alert to the client oil alert feed for now and he would show me that he could trade explicitly to the rules as set out in the EPIC Oil Algorithm reports. And I would also do the same, but alert my trades and with a caveat that I could use my pro trader bias to over-rule the algorithm charting rules at will (my error).

A detailed account of our recent oil trades / alerts;

New traders should know that EPIC the Oil Algorithm chart models are charted on FX $USOIL $WTI but can be used to trade oil futures contracts $CL_F or leveraged oil derivative market products such as $USO, $UCO, $UWT, $DWT, $UWTI, $DWTI and more. I typically use CL contracts and will daytrade at times $UWT or $DWT if I am confident that I won’t be holding over-night.

Okay, first lets look at my trades / alerts (this is almost embarrassing to review – humility engaged).

In the examples below and the follow up report you will see actual screen shots of the live twitter oil trade alert feed (time stamped, real-time), screen shots of the private oil chat room and screen shots of EPIC the Oil Algorithm charting we were using (with notes).

Also it is important that the profit / loss represented are approximate as our team is trading various environments (read our disclosure) – we are testing and trading many platform scenarios, instruments (oil contracts, market derivatives, etc), with various traders, various accounts (real world and/or model platforms for testing purposes) in the team (as our work is toward achieving a machine trading environment and intelligent assisted trader platform – read about our mandates on our website) that it would take days to explain. Additionally, there are trades executed for win or loss that are never alerted to our members.

So for the purpose of this exercise I keep the analysis below simple and to what applies specifically to this exercise ensuring that we cover what the public (our member clients) would have had opportunity to act on in their own trading environment (actionable trading alerts) and if one did in fact act on the alerts what the expected returns may be vs. trading what the rules-based trading system of EPIC the Oil Algorithm reports prescribe to our members in the weekly reporting they receive from Compound Trading Group.

There will be a member only follow-up to this report published within 7 days that will show the 1 minute conventional charting used with exact entry and exit areas detailed on the charting with the thought process by the trader in each trade and this report will also include the machine trading charting that influenced our trade. 

Oil Trade Alert # 1

The first trade that was marked as a tech trade was, but it was alerted internally by me and authorized to the tech to alert. So for the purpose of our competition it was my trade by origin (we’ve decided this in team discussion). So I’ll take it as I need all the help I can get here.

The first trade was 24 cent win at 2 oil contracts (avg) so it was a gain of about 510.00.  

Oil trade alert to start the week 68.61 long, 68.85 closed (the initial alert).

oil, trade, alert

Oil trade alert to start the week 68.61 long, 68.85 closed. EPIC Oil Algorithm $USOIL $WTI $CL_F #OilTradeAlerts $UWT $DWT

Oil trade alert to start the week 68.61 long, 68.85 closed (the closing alert on #1 for the week). 

oil, trade, alert

Oil trade alert to start the week 68.61 long, 68.85 closed (Part 2). EPIC Oil Algorithm $USOIL $WTI $CL_F #OilTradeAlerts $UWT $DWT

Oil Trade Alert # 2

The second trade of the week was a timing cycle issue, price didn’t react soon enough so I closed the trade for a small profit.

A 5 cent win with two contracts for 100.00 win (approx).

Long 69.19 lead trader test size.

oil, trade, alerts

Long 69.19 lead trader test size. #oiltradealerts

Closed 69.24 not holding in to time cycle when it is this soft.

closed, trade, alert, oil

Closed 69.24 not holding in to time cycle when it is this soft #oil #trading #alert #crude

Oil Trade Alert #3

The third trade alert has a type o that was obvious, but more important than that is that this is where the difference in the fine details put the coding team way ahead of me. At this point the trading was so intense that I had to generalize the tweet alerts, but you will get the point with what was alerted. There is more explanation below that clarifies the calculations here;

66.49 to 55.57 with contract sizing average of 3 contracts on about 3 times = 800.00 profit approx.

Long test 66.49 lead trader will cut fast as needed and trade chop.

oil, trade alert, 3

long test 66.49 lead trader will cut fast as needed and trade chop #oil #trade #alerts

This was obviously 66.57 and there were various type o’s, it should have read something like this…

Chipping out some 55.57 and waiting for next leg to go again.

oi, trading, alert, closing

chipping out some 55.57 and waiting for next leg to go again #oil #trading #alerts

At this point I alerted the member private Twitter feed that we would for the time alert in the live trading room (where I can speak on live mic broadcast to our oil traders) – this is specifically in a Click Meeting conference room (it is our main trading room that our EPIC Oil Algorithm bundle members can access as they like). We also have a private oil chat room in Discord and a public side on Discord.

At this point there were a number of trades, I will only include screen shots in this report specifically of what was alerted to only the Twitter feed (there isn’t time to get the audio from live trading room right now for the various occasions I was in that room last week – that will all be in a reconciled report from Jen in our offices). It won’t make a difference to the main point of this report – I was beat by the coding team so badly it doesn’t matter.

The real point of this exercise (this report) is to help oil traders with a rules based system to win and win with the highest return. 

We’re trading possible turn in live oil trading room isn’t time to alert on feed.

oil, trade, alert, trading, room

We’re trading possible turn in live oil trading room isn’t time to alert on feed. #oil #trade #alerts

Oil Trade Alert #4

The fourth oil trade of the week was a win. Short from 67.17 and cover at 66.80 for a 37 cent win at 3 contracts.

Win side 1100.00 approx.

Short test lead trader.

short, oil, alert

Short test lead trader.

Short oil trade alert at 67.17.

short, oil, trade, alert

Short oil trade alert at 67.17

Covered 66.80 lead trader – nice quick win on that alert.

oil, trade alert, covered, short, win

covered 66.80 lead trader – nice quick win on that alert #oil

Oil Trade Alert #5.

Oil trade number five was a decent trade from 67.13 (average) to 67.29 with trims starting at 67.27.

8 contracts at approx 14 cent profit =  1200.00 gain (approx).

Long lead trader break out test 67.09 – 67.18 4/10 sizing.

long, alert, oil

Long lead trader break out test 67.09 – 67.18 4 10ths sizing.

Trimming long positions 67.27.

trim, long, trade

Trimming long positions 67.27

Oil Trade Alert #6

There we many trades here and the range was .30 cents to the win side on the original alert. For simplicity it was 5 trades at an average size of 2 contracts at an average win of .10 cents.

Oil trade number six approx. profit = 1200.00

Long oil trade again here.

oil, trade

long oil trade again here

Trimming long oil positions here.

trimming, longs

Trimming long oil positions here. #trade #alerts

Too busy to alert all legs in and trims but we got a nice break up there 67.20s to 67.50s.

oil, trade, alert, closing, wins

too busy to alert all legs in and trims but we got a nice break up there 67.20s to 67.50s #oil #trading #alerts #algorithm

Summary of Lead Trader Alerted Trades to Live Twitter Feed P/L

So specific to only what was alerted as trade alerts on the live feed and the contract sizing for those trade alerts the total gains for the week = approximately 4900.00 for this account scenario.

Now lets look at what our coding team foreman was able to do with the exact same charting information (that I and our members can use).

In his instance he traded specifically to the rule-based system as prescribed to our members in the weekly EPIC Oil Algorithm reporting.

There were many trades in each leg. He started trades at 2/10 sizing then as the trade progressed he trimmed 1/10 size at resistance and if it failed would exit the other 1/10 at about have the trade range. As trade got above the key resistance he would add above key resistance 1 size and continue. And if the trade went against him right away he would cut fast. So he had a number of losses, but his losses were small and the wins far outweighed the gains.

The week started with an uptrend so he traded the key range support and resistance as prescribed in EPIC the Algorithm reports (gray horizontal line you see on chart below). As trade failed or at key resistance he would trim as noted above.

The key to his trading process was using the key range support and resistance as the launch area for longs, the short area for shorting oil and if the trade went against him he closed the trade for a loss.

The EPIC Algorithm Chart he was using (the gray horizontal line is the main support and resistance pivot prescribed to members and the other indications on the charting). How to trade crude oil applying the rules based process in this report can be reviewed in detail on our web site blog under EPIC Oil Algorithm and scroll down to unlocked historical charting – the more recent reports are locked to the general public. The EPIC reports explain specifically the rules based process in point form.

The first chart is the initial trading range for the week that our tech was using. The day and time is noted at the bottom of the chart. You can see how is bias for trade direction was specific to the main pivot area as provided on the algorithm charting.

Charting used by technician (EPIC Oil Trading Algorithm Charting). Bias for trades is noted with green and red arrows.

You can see in the charting below that each time trade breached the main pivot on the charting model that his trading was to the long side bias until trade hit a significant resistance in the model (at which point he trimmed). 

The first two on the chart are green arrow long side trades were off the main pivot and trimmed at the quad wall resistance area.

The the third is a red arrow on the chart as a short side trade bias because trade was already at the marked target price for the Tuesday 430 algorithmic target. In other words, there was a low probability of further upside gain prior to Tuesday at 430 so his short term bias was short.

Then the fourth arrow (green) and fifth (red) were a rinse and repeat of the bias explained above.

The sixth arrow (or trading bias area) was long in to the Wednesday 10:30 AM EPIC Oil Algorithm price target (for the up channel scenario) but trade turned and when it turned and lost the main pivot (gray) and the trading quadrant (orange dotted) he turned short bias in a significant way. There were many failures to the long side in the algorithmic model at this time in the trading week.

The short side bias was solidified with the expiry of the main time cycle in trade (purple arrows that separate the up channel scenario or lower channel scenario in the oil algorithm weekly reports).

oil, trading, algorithm, trades

Charting used by technician (EPIC Oil Trading Algorithm Charting). Bias for trades is noted with green and red arrows. #oil #trading

The next time frame of the week (second) charting used by technician in his trading system with noted areas of trading bias with red and green arrows.

As trade moved to either side of the main pivot his bias is represented (per the process prescibed in the EPIC Oil Algorithm weekly reports) and then in to the bottom of a trading quadrant (he used the rules for trading quadrants) after oil selling off to extreme levels on the week. 

As oil sold off the tech simply trimmed at support areas on the algorithm charting and added to short side bias as trade lost each support.

On the way down oil trade hit the Wednesday 10:30 AM EIA price target as published in the previous weekend EPIC report for the lower channel scenario.

oil, charting, trading, system

The next (second) charting used by technician in his trading system for the week (EPIC Oil Trading Algorithm Charting). #oil #trading #system

The final chart time cycle used by technician in his trading system for week. 

The last time frame was text book how to trade crude oil class. For this the tech moved to the prescribed trading process rules in the trading quadrant (the orange dotted lines that form a diamond). He simply took long side positions at the support of the quadrant and trimmed at the main resistance areas. Trade got in to the Friday 1:00 PM target but did not perfectly hit the center.

Trade ended the week at the top of the trading quadrant – near the quadrant basket where he assumed with trade direction and historical algorithmic chart from EPIC that trade was most likely to complete the week.

oil, trading, system, chart

The final chart time cycle used by technician in his trading system for week (EPIC Oil Trading Algorithm). #oil #trading #system

It’s obvious the technician using the rules based system prescribed to our members had significantly higher returns last week than I did. Our members will be receiving the full report.

As explained above;

There will be a member only follow-up to this report published soon that will show / explain the 1 minute conventional charting used with exact entry and exit areas detailed on the charting with the thought process by each trader in each trade and this report will also include the machine trading charting that influenced each trade. 

The follow-up report will provide our members and our team staff opportunity to learn in great detail how to time the entries and exits of the trades. It will hopefully bring members in to the mind of each trader. This is a member only report because proprietary machine coding charting and various other proprietary information will be shared.

Also, please note that over the coming weeks in to the fall season that our techs will be alerting more and more to the live alert feed under and will be doing such exclusively under the rules based system as prescribed in the EPIC Oil Algorithm weekly reports to members.

Some Important Final Thoughts.

It is easy to look back and criticize your trades – especially when the trade direction is so obviously apparent on an algorithmic charting model such as EPIC’s as in this report.

I personally won’t be hard on myself (as you should not also) because it is impossible to be a machine and if I am on the winning side more than losing and my accounts are consistently green that is what matters most.

However, in my continuing quest to learn how to trade crude oil to my best ability I will be adjusting my oil trading style this week to more reflect the prescribed rules based system as prescribed in the EPIC Oil Algorithm weekly reporting. It obviously works and the science proves that – so I need to adjust to continue to get better as an oil trader and coach that teaches others how to trade oil.

I look forward to the follow-up report that Jen is writing now for our members that will provide in detail how last week trades were decided. She just finished interviewing me about each of my trades and is interviewing our tech team later today for the report.

Best with your trading and if there is anything you need from me reach out anytime on any of my personal social feeds or by email [email protected].

Thanks

Curtis (Lead Trader at Compound Trading Group).

To Learn More About Trading Oil:

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

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/

Off-site Learning Site Links:

Learn how to trade crude oil in 5 steps https://www.investopedia.com/articles/investing/100515/learn-how-trade-crude-oil-5-steps.asp

How to Trade Oil on Stock Exchange https://finance.zacks.com/trade-oil-stock-exchange-4532.html

How to trade oil. Learn everything you need to know about speculating on oil and gas markets. We explain how oil trading works, with a step-by-step guide to trading oil. https://www.ig.com/au/commodities/oil/how-to-trade-oil

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).

Temporary Discount Offers (New members only – ending Aug 14, 2018):

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://[email protected]

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

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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 [email protected] 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; [email protected], 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 [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

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

EPIC the Oil Algo

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