This Article Covers a Very Important Trade Signal for Crude Oil Day Traders: How to Day Trade Crude Oil Using One Minute Chart.
Trade Alert Screen Shots and Trading Room Video Included Below.
Voice broadcast starts at 0:20 on video.
This is One of The Most Important Articles We Have Published for Oil Trading Traders Since Starting Our Service.
Thursday was a huge day for our development team for crude oil trading signals required for alerting day trading crude oil.
The patterns in crude oil are very important, especially as it relates to the one minute day trade signals because trading oil can be volatile.
Trade can move very fast in crude oil futures so a trader needs signals on the lower time frame (1 minute charting) that he/she can trigger with confidence. This is a very big development for us at Compound Trading Group.
Be sure to actually listen to the video included in this report because the text version does not explain every important detail required for a day trader to completely understand how the signals work for executing trades with precision.
Crude Oil Trading Rules Based Process
On the video I discuss the importance of the rules based process for trading crude oil with buy and sell triggers (signals / strategies) are reviewed.
Setting Stop Loss When Trading Crude Oil
The above relates (determines) to the stop loss you set for each oil charting time frame for triggering orders. Time frames being the different chart time frames for 1 min, 5, 15, 30, 1 hour, 4 hour, daily, weekly and monthly.
240 Minute (Algorithmic Model Test Chart)
This morning, trade in crude oil held the key support on the 240 min (4 Hr) chart reviewed.
If the chart structure holds the possible move up on the next extension (and the move lower) is also discussed.
Support and resistance is discussed on the chart structure as is price targets and time cycle completions.
The chart is still bullish. The bearish and bullish considerations are discussed.
Crude Oil 4 Hour Chart (we are testing structure) for Buy Sell Signals.
Machine Daytrading Sizing Test Chart Signals for Trade.
Day Trading Crude Oil Signals on the 1 Minute Chart (Pattern on Chart for Entering Positions)
The trade signal pattern for triggering the 1 minute oil chart trades is reviewed in detail.
When oil was selling off earlier in the day trade lost the mid channel line, came back and tested it and then dumped.
Rich in the Discord crude oil private member server had asked if the software was turned on and Jeremy had responded that order flow was the likely reason why the machine trade software did not trigger on the short.
Oil price sold off it traded in to the bottom of the quadrant on the EPIC Crude Oil Trading Algorithm and over shot the support.
Price bounced off a historical support line on the EPIC model (purple horizontal lines).
The challenge for traders executing trade orders on the oil chart is exactly where to enter your trade and the stops that should be set therein.
The 1 minute day trading chart is reviewed. The technical indicators on the charting discussed are;
- The trading box area on the chart.
- The pivot areas on the chart.
- The pattern of trade that is important for triggering your trade.
The trading channel for oil is reviewed on the video (the chart).
I am convinced we have established the chart pattern in crude oil for the one minute signals on day trading time frame. This is a big deal.
The W Pattern (trade signal) on 1 minute chart for day trading Crude Oil.
Below is the chart for triggering on the buy signal on EPIC model (30 minute crude oil chart) as it relates to 1 min daytrading signal above.
Is Over 5,000.00, 10,000.00 or even 20,000.00 In Profit Weekly Possible Day Trading Crude Oil on The EPIC Model With One Contract Sizing?
Trading one contract at a time with six – twelve times per week based on the signals provided on the charting (and eventually on the trade alerts) has the potential of returning massive weekly returns. Can it be done? We’re getting close all the time.
Trading the outside areas of the oil trading model (quadrants), the mid line of the channels and the mid quad support and resistance areas can do that. We may not get to 20,000.00 – it could be 10,000.00 or 5,000.00, it doesn’t matter whether it is 5K or 20K. The point is that if we can get the signals perfected to the best possible degree with a high win probability then it is possible.
Our current win rate is high, very high. Review our alert feed on Twitter or in the private member Discord Oil Trading Chat Room.
This is why the one minute day trading signals are so important, because a trader has to be confident in the entry of trade so they don’t get chopped up.
Crude Oil Trade Alert Signals
Below are the screen shot captured of alerts from the private member oil trading Twitter feed. You will notice that I am signaling day trades for the members AND the machine technician is signaling trades on the feed also.
The First Crude Oil Trade Alert Signaled for The Day – Short at 51.20
Second Alert (screen shot from Oil Trade Alert Feed) Explains Trade Signal is Based on Support at Bottom of Quadrant on Model.
Then the machine oil trading technician immediately after my alert signals a reversal in oil trade is very possible.
Signal to cover 25 percent of trade – Cover 25% 51.03.
Here I Signaled on the crude oil trade alert feed that I did in fact reverse the trade – reversed 51.30 tight stops CURT
Immediately after my reversal trade signal oil alert the machine tech alerts a buy signal… M – HFT buys initiated 51.36 will advise.
Then my alert signaling to take some profit on winning trade – Trimming 51.53 25% of the position.
Machine program signals closing trade for profit in advance of regular market open – after other signals alerted on feed. If you look at screen shot below closely (the feed), you will see the other signaled trade guidance. “M – Machine program closed 51.47 for open timing on software and stops triggered. Set at 8 mins either side. Will advise”.
Next alert in oil trade signaling trims on profit for the day trade. Trim 25% 51.63 CURT.
Alert signaled to close the winning trade. Close 51.66 will re enter if it gains upper area of quad.
I reiterate that it is critical for oil day traders reviewing this article to really listen to the video. If you want to learn how to day trade crude oil with the best signals we have available be sure to study the video. There is a lot of data covered in this video post.
If you have any questions send me a note please!
Best and peace!
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.
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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, Signals, Alerts, USOIL, WTI, CL_F, USO