Crude Oil Trading Strategy from our Crystal Ball for Next Move in Oil Trade Explained in Detail on This Video From Oil Trading Room Today.
We have never seen all the charting line up with this kind of symmetry in time-cycles, this is a report not to miss for oil traders! By far the most important trade set-up guidance report we have published in months.
#OilTradingStrategies #HowtoTradeCrudeOil #OilTradingSignals FX: $USOIL $WTI $CL_F $USO
Main Points of Strategy Included in this Video Post:
- How to Trade Crude Oil move expected between now and December 2018.
- Oil Trading Signals on various time-frames on variety of crude oil charts.
- Time cycles to watch and Trump Saudi Arabia news flow warnings for your Oil Trade Strategy.
- Oil Buy-Sell Signals are discussed on various time-frames and oil charts.
- Recent Oil Trade Alerts are reviewed.
- Oil Trading Room live video and post below for summary of transcript.
Detailed technical analysis for the next move in crude oil trade that is expected between now and December 2018 and even in to 2019. Many charts are reviewed with various time-lines, time-cycles, support and resistance points for buy / sell triggers to watch on charting and more.
Don’t miss this next big move!
Video Date and Description: October 15, 2018 12:06 PM Oil Trading Strategies Video.
Voice broadcast starts at 3:40 minutes on video.
Video Transcript Summary Highlights:
Oil trade today is affected by some President Trump and Saudi Arabia news flow.
Oil is rallying after Trump threatens ‘severe punishment’ against Saudi Arabia if it is found to have been involved in the disappearance of journalist Jamal Khashoggi. https://markets.businessinsider.com/commodities/news/oil-trump-threatens-saudi-arabia-sanctions-if-involved-jamal-khashoggi-disappearance-2018-10-1027616584
Saudis Threaten Trump: ‘You Want $400 Oil?’.
The trade last night in Sunday night futures open caught me off-guard but we did get a piece of it and then in Monday premarket there was more news flow and our traders got the short side trade on Trump Saudi news flow but I missed it (I was busy in premarket).
Thanks to the members in the trading room that alerted that short! You guys nailed it!
Excerpt from Oil Trade Chat Log from in Trading Room Today:
OILK October 15, 2018 07:06:49 AM
looks like sell day in oil trump saudi kiss and make up in play curt
GLENN October 15, 2018 07:07:15 AM
yes
OILK October 15, 2018 07:18:46 AM
nice short here in oil
OILK October 15, 2018 07:18:54 AM
could take floor out here
Screen Shot of Oil Trade Alerts from our Private Member Twitter Feed:
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT.
That spike in Sunday night oil futures open was interesting (on Saudi Trump news flow), caught me off guard but I got a piece of it $USOIL $WTI $CL_F $USO #OilTradeAlerts #OOTT pic.twitter.com/vlOAl0ze6A
— Melonopoly (@curtmelonopoly) October 16, 2018
EPIC Oil Algorithm Chart Review of Futures Trade at 5:40 minutes on video.
Started positions at 72.10 (I was late it caught me off guard, I entered over pivot on the algorithm model) trimmed at 72.50 on the EPIC Oil Algorithm Model resistance point on chart, added above 72.60 and closed 72.55 took a 5 cent shave on last trade but the trade over-all was a great way to start the week.
Daytrade in Oil the Team got on Trade Alert by Member in Trading Room at 6:30 minutes on video.
The team got the short side trade on the Saudi Trump news flow. Perfect timing.
Divergent Chart Noise Technical Analysis at 7:15 minutes on video.
The divergent area of oil trade on the algorithm charting model is reviewed for intra-day from Friday and Sunday night futures trade. The down trending channel is pointed out as support and trade under that channel support is noise on the chart.
BEWARE of Trump Designate to Saudi Arabia Meeting at 7:25 on video
When the Trump designate to President Trump comes out of the Saudi Arabia meeting today you can expect oil to sell-off if the news flow is positive and happy.
Trump Sends Pompeo to Saudi Arabia
TicToc
October 15th, 2018, 12:32 PM GMT-0400
Trump is sending Pompeo to meet with Saudi Arabia’s King Salman who denied knowing about Khashoggi’s disappearance #tictocnews (Source: Bloomberg)
https://www.bloomberg.com/news/videos/2018-10-15/trump-sends-pompeo-to-saudi-arabia-video
Trade Strategy Specific to Daytrading Signals and Technical Analysis on Oil Algorithm Chart at 7:50 on video.
70.66 is day-trading support for your intra-day trading strategy.
I am looking for a long in the support region of the oil algorithmic charting at the up channel support area of the chart.
If it really sells off (considering news flow) I’ll be careful with my long bias.
Positioning on the week is to the short side and mid term long side in oil trade. I expect oil to become bullish.
Crude Oil Trading Strategy with Trend-Lines on Weekly Chart Reviewed at 9:50 on video.
Crude Oil Trading Strategy with Trend-Lines on Weekly Chart Reviewed.
Over 76.00 area of chart and that time-cycle would be very bullish on the chart. My bias is for the next 6 months is really bullish – we will see.
Early December peak in time-cycle on the chart for your trading strategy is reviewed on the video. This timing concurs with the timing for the volatility time cycle peak on the VIX charting for December.
The range we are in is reviewed on the weekly trend-line chart.
Approximately 69.00 – 69.50 area on this specific chart is an implied support area of the chart considering higher lows in this range of trade.
The Algorithmic Model Chart for Symmetry in Oil Trade is Reviewed at 12:35 on video.
This is one of my favorite charts for guidance in oil trading strategies.
Two options are reviewed in the symmetry on the chart. The downside option is 67.50 support area and upside 79.00 resistance at the time cycle peak on this chart (end of November 2018). Other support and resistance areas are also reviewed. A spike through the structured time cycle on chart reviewed could see a huge move in the price of oil – 86.00 – 93.00 is possible end of March 2019.
The Oil Daily Chart is Reviewed at 12:50 on video.
One of one my main reasons for being short term bearish oil is the MACD on the daily chart and trade is under the pivot on the chart but structure is in play long trading over mid pivot on structure of chart.
69.41 first week of November is possible as down side support at Fibonacci trend-line that is up-trending. The top of trading box is 69.30 area that could hit 69.30 ish on chart.
Other areas of support are discussed on the chart that coincides with the 200 MA on the chart also.
If I had to lay my bet down right now pressure in to mid 68s in oil would be my bias for strategy and then up from there – reasons are given in video.
Weekly Wedge Chart is Reviewed 20:00 minutes on the video.
End of October suggests support 68.30 end of October 2018, so a little earlier considering time frame on this chart.
Short side bias warning in that time cycle area of the chart is discussed on the video.
Monthly Oil Chart is Reviewed at 22:00 minutes on the video.
Pivot is at 69.50 range on the monthly chart and oil has been trading between the 100 MA and 200 MA as I guided to our members when we first entered this area and now I’m suggesting that end of October in to early November we will break up or down out of this range we have been in for months (per guidance). My bias is to the upside break in oil trade with 86.00 – 92.00 in to April of next year.
Time Cycles are Reviewed starting at 22:30 on the video (on various charts).
Dec 10, 2018 area of charting is the big time-cycle peak. All the charts are concurring to the end of November early December time cycle frames for a peak in time cycle for your trading strategy and a key area to watch. Trajectory on mid pivot on daily chart is 74.00 range for mid price pivot with near 80.00 as highs. On the weekly wedge 79.00 area possible in to same time frame. The trend-line weekly high for that timing in oil trade is similar also. Last week of November and early December is a very important area.
Crystal Ball Forward Guidance for Oil Trade discussed on video at 25:45 mins.
Downside in to end of October and then we’re going up in to mid December 2018 unless Trump news flow knocks trade under 63 – 64 on the trading box reviewed on the video. December 2018 upside 83.00 – 86.00 price target and 90s price targets are possible for oil trade in to March of 2019.
Inflection Point on Charting Reviewed on video at 27:50 mins.
On EPIC Crude Oil Trade Algorithm the support area of the model is reviewed “trading basket” in area of trading quad reviewed with inflection possible there – very likely scenario for my trading strategy. This is it.
Watch for happiness after the Saudi Arabia meeting and then be ready to go upside from there.
Thanks
Curt
Any questions let me know!
Other Crude Oil Trading Reports & Videos:
Learning to Trade Oil Links on our Site and/or YouTube.
Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.
Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).
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)
“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.
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/
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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, Trading Room, Oil Trading, Alerts, Signals, Crude, Oil, Trade, Strategy