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

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

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

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

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

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

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

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

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

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

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

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

oil, trade, alerts, long buys

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

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

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

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

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

“hoping in to 1130 candle expiry i get entry”

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

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

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

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

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

“trimmed 64.72 looking for another entry”

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

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

oil, trade, chat, room, strategy, crude

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

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

Reason Number 1 –  The US Dollar.

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

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

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

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

oil, trading, strategy, chat, room, USD

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

“wider structured resistance on DXY at orange line”

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

US Dollar, resistance, oil, prices

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

How the Dollar Impacts Commodity Prices

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

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

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

“62.30 50 MA on weekly”

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

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

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

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

chart, moving, averages, crude, oil

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

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

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

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

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

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

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

EIA, crude, oil, inventory, build

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

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

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

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

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

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

crude, oil, algorithm, trading

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

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

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

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

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

support, algorithm, oil, trading, historical

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

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

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

Oil, trading, algorithm, historical, examples

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

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

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

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

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

Chart, indicators, trade, oil

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

Conclusion:

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

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

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

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

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

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

Are You Learning to Trade Oil?

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

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

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

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

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

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

Curtis

To Learn More About Trading Oil:

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

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

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

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

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

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

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

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

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

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

Subscribe Here:

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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/

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

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


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 info@compoundtrading.com.

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://info@compoundtrading.com

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

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

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

Feature Post:

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

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

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

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

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

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

View the video here:

Screen Images of EPIC Trade Alert Feed on Twitter

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

EPIC, oil, trading, alerts

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

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

live, oil, alerts, trade

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

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

crude, oil, trading, alerts

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

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

Oil, trading, alert, algorithm

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

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

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

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

EPIC, Oil, Algorithm, Chart, Trading

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

An article from CNBC about crude oil algorithmic trading:

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

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

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

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

EPIC the Oil Algo

Subscribe to my Service here:

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

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

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

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

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

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

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

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

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

Connect:

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

Website: https://compoundtrading.com

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

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

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

Twitter: https://twitter.com/CompoundTrading

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

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

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

StockTwits: https://stocktwits.com/compoundtrading

Email: https://info@compoundtrading.com

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

 

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

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