Wednesday Feb 1, 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 and I am one of six Algorithmic Charting services in development at Compound Trading.
Quick Update – Important Levels.
Red arrow is algo target for today at 10:30, however, oil is under relative pressure so careful. White arrow is algo Fibonacci based trendline acts as support and resistance for intraday trade. Purple are horizontal trendlines support and resistance for intraday trading (as with all others the thicker they are the more important). Yellow is the same as purple but most important ones on charts that we have highlighted as very important support and resistance for our traders. The blue diagonal trendline at bottom of the chart is the most important support and indicator on this chart. Remember there is a downtrending diagonal resistance overhead not on this chart that I have pointed out in other recent posts (blue). And miscellaneous green are the Fibonacci horizontal supports and resistance you can use for intraday trading.
Crude algo intra work sheet 459 AM Feb 1 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Live Oil Chart: https://www.tradingview.com/chart/USOIL/jPWiCnMs-EPIC-the-Oil-Algo-Member-Charting-USOIL-WTI/
Crude algo intra work sheet 459 AM Feb 1 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT
Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.
EPIC the Oil Algo
PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.
Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Fibonacci, Algo