Short Instructional Oil Trading Strategy Article and Video.
Exactly How We Executed Day Trade for Price Reversal Intra day Oil Trade.
This strategy works for us over and over again and is alerted to our premium oil trade alert feed and in the oil trading room.
The video and article highlight the algorithmic model charting but the disciplines of trade can also be applied to conventional or classical charting when day trading crude oil.
VIDEO: Day Trading Crude Oil Intra Day Price Reversals – Oil Trading Room, “How To” Instructional.
We start below with a screen capture of the oil trading room, with a trade alert at 10:59 AM EST on watch for the support coming at the 1 hour oil charting support area of 35.37.
Intra-day oil price actually hit exactly that price and then oil price reversed for the trade to trigger. You can see clearly the signal price target perfect hit if you look 3 images down you can see it clearly on the 15 second day trading chart (1 minute trading model brought down to 15 second time frame).
The one hour algorithmic oil chart below is the chart that was referenced in the oil trading alert to be on watch for the price reversal expected at 35.37.
We are intent on building the best oil trading room and alert service in the world, this proprietary modeling is one example of the edge our oil traders have.
You can read more about the 8700 rules our oil trading software uses to execute trades here.
The chart below is the 1 minute oil daytrading model our traders use.
It is a machine grid and in the image below it is brought down to a 15 second time frame to show our traders how the software executes to the signal of progressive volume on the chart volume bars on the 15 second timeframe.
If you look at specifically where the trade long was started you will see the increased volume on 3 x 15 second time frames for the software to alert the trade to our subscribers.
Additionally, not shown, the software also requires progressive machine liquidity order flow buying identified on the EPIC IDENT system (also proprietary that you can read more about in the white paper link above).
Also you will notice that the set-up included a double bottom in oil trading price intra-day.
And finally on this chart you will see that price was using the one minute chart model support (see blue and red horizontal lines on chart).
Those four signals (progressive volume, progressive machine buying, double bottom, one minute support on chart model) created a strong enough signal to alert and execute the trade in the trading room and alert to the various feeds. The one hour support as show above also was considered in the probability analysis for execution of the trade.
For additional signals I recently wrote another oil day trading article you can find if you click here.
The five minute chart model includes time cycles for daytrading crude oil.
In this trading strategy the mid cycle point was hit perfectly on the chart at 11:00 AM. You can see that the price of oil hit the mid cycle perfectly and bounced to VWAP area and then double bottomed for the alert to be sent out to members for the trade.
Time cycles are critical in crude oil trading strategies because most of the oil trading liquidity in world markets is now traded by machines and knowing how the machines are executing trades is key. One the primary methods machines use to trade is time cycles. The video provides more in depth discussion.
The EPIC ALGORTHM 30 minute chart model is shown below and the key support discussed in the video is marked with a white arrow below.
As described in the video, another key trigger for this oil trading strategy intra-day was the key support on the 30 minute chart time frame.
Also, in the video I discuss how trade had bounced progressively “up the stairs” of each support on the chart model, this is a strong signal for the trading strategy.
And on the one hour chart below you can see the result of a well executed oil trading strategy, the trade went flawlessly and with ease. Intra-day oil trading without a lot of stress.
Link to screen shot of Oil Trade Alerts for this trade of Premium User Twitter feed click here.
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Link to Free Articles on “How To” Day Trade Crude Oil here.
Any questions about the oil trading strategies reviewed in this article send me an email anytime at [email protected].
Article Topics; oil trading strategies, daytrading, crude oil, oil trading room, signals, trade alerts.