Member Oil Trade Update Wed Jan 18 Charting Algo FX: $USOIL $WTIC - $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Wednesday Jan 18, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo.

Notices:

Just a quick mini update – crude oil trading in previous range.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Wednesday Jan 18, 2017.

https://www.tradingview.com/chart/USOIL/ORsTYFbk-EPIC-the-Oil-Algo-Member-Chart/

Crude oil is still trading within the range of the last number of weeks. The inauguration is this Friday and as such there is a possibility that this range will change. If it does we will update members with all new algorithmic model targets for trend.

In the meantime trade the ranges in the chart below (between the yellow lines is optimum). Keep in mind all the other indicators on this chart when trading intra-day. For explanation please see my recent posts.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.21 at 4:21 AM ET Jan 18, 2016. Some thoughts with respect to traditional charting that may help advance the trading edge:

Crude, Oil, Chart, $USOIL, EPIC — Crude algo intra work sheet 420 AM Jan18 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Trading Room, Fibonacci, Algo, Targets

Compound Trading Group

Member Oil Trade Update Wed Jan 18 Charting Algo FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

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