April 18, 2019: Below are the updated crude oil trading models in chart form to be used in forming trading strategies for day trading, intra-day swing trading and swing trading weekly and monthly time frames.
The charts are suitable for human mechanically executed trading and are also the models our coding staff are using for our crude oil machine trade coding.
With each chart model there are trade strategy notes included for consideration.
If you have any questions about the models below please email us at [email protected].
Please note, the charts are distributed to various groups and individuals with various url’s. If you are using more than one device to access the charting please email us a general description of those devices to assist us in controlling dissemination.
EPIC Crude Oil Algorithm Model.
Resistance and support is at each line on the algorithmic oil model chart. The primary areas are quad walls / channel support and resistance (orange dotted diagonal), mid channel line (white dotted diagonal), Fibonacci (various horizontal colored lines), historical support and resistance (purple horizontal). The swing trading range is from thick horizontal gray line to the next.
EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. April 17 1255 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
Per previous;
EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. April 8 1229 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
Per previous;
EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. Mar 31 500 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
One Minute Oil Trading Model.
The one minute oil trading model provides for pinpoint trade entry, sizing and exit points. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.
One Min Crude Oil Trading Model 104 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per previous;
One Min Crude Oil Trading Model 404 PM1 April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per previous;
One Min Crude Oil Trading Model 521 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Minute Crude Oil Chart Model.
The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intraday on this time frame. The horizontal uptrending green lines can be used as support and resistance decision areas.
5 Min Crude Oil Trade Model (concept chart) 107 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per previous;
5 Min Crude Oil Trade Model (concept chart) 416 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per previous;
5 Min Crude Oil Trade Model (concept chart) 456 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Crude Oil Trading Structure.
This is more a doodle chart than anything at this point, we are looking for a structured chart for the 15 minute time frame.
15 Min Crude Oil Trade Model (doodle chart) 110 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Crude Oil Trading Structure.
The 30 minute structure primarily uses the Fibonacci trend-lines that for the diamond shapes (quads) and the mid / top / bottom of quads marked in white dotted horizontal lines (key support and resistance areas).
Pay special attention to the relation between the intra-day price of crude oil and the 20 MA and 200 MA on the 30 minute chart.
30 Min Alternate (wide view) Crude Oil Trading Model 120 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
30 Min Alternate (wide view) Crude Oil Trading Model 549 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per previous;
30 Min Alternate (wide view) Crude Oil Trading Model 906 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Micro Oil Trading Structure.
Daytrading levels added to the 30 minute chart structure.
30 Min Alternate (micro view) Crude Oil Trading Model 134 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per previous;
30 Min Alternate (micro view) Crude Oil Trading Model 444 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Min Alternate (micro view) Crude Oil Trading Model 1013 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
4 Hour Symmetry Chart Model.
Trade in crude oil has recently jumped up over the channel resistance and now trades above the channel top (now support).
4 Hour Symmetry Crude Oil Trading Model 146 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per recent;
Crude oil has been trading in the channel on this algorithmic model since an 7, 2019. The white dotted lines at the top and bottom of this structure are support and resistance in the trending channel. The targets are historical hits.
4 Hour Symmetry Crude Oil Trading Model 546 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per previous;
The white targets are showing a possible divergence to trade either up or down in to either of the white targets in this time cycle.
4 Hour Symmetry Crude Oil Trading Model 1118 PM Mar 31 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
4 Hour Oil Concept Trading Model.
The 4 hour crude oil concept model below has trendlines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).
4 Hour Concept Crude Oil Trading Model April 17 153 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
4 Hour Concept Crude Oil Trading Model April 7 429 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per previous;
4 Hour Concept Crude Oil Trading Model 1202 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Daily Trading Model.
The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy.
Daily Chart Structure Crude Oil Trading Model 156 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Daily Chart Structure Crude Oil Trading Model 510 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per previous;
Daily Chart Structure Crude Oil Trading Model 1226 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Weekly Oil Trading Model.
The most important signals on the weekly chart model below are the red historical trend lines. Pay very close attention to them. There are other common indicators on the model also.
Weekly Trendline Crude Oil Trading Model April 17 201 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per previous;
Weekly Trendline Crude Oil Trading Model April 7 534 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per previous;
Weekly Trendline Crude Oil Trading Model 1219 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Monthly Oil Trading Model.
Price currently testing quad diagonal Fib trend line resistance.
Monthly Structure Crude Oil Trading Model April 17 205 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per recent;
Monthly Structure Crude Oil Trading Model April 8 1244 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per previous
Monthly 200 MA Crude Oil Trading Chart April 8 1247 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
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.
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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, Futures, Strategy, USOIL, WTI, CL_F, USO
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