Blogs
Trading Profit & Loss Report (Trades, Alerts) for July 3 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Wed July 3 Trading Profit and Loss Report.
- Day Trade and Swing Trading.
- Equities, Commodity and Bitcoin Trading.
- Personal Trades and Machine Software Trades.
- Includes Live Trading Room Raw Video Feed Recording.
- Includes Trade Alert Links / Screen Shots.
Note: I am just getting back in to the routine of posting daily trade profit and loss reports. For now the reports will include basic information and over time we will provide more information for traders that are using this information for their study and /or trading plans. Near future we will include more formal P&L spreadsheets also.
Section 1: Trading Day Summary.
As with Tuesday it was another non eventful day in advance of July 4 holiday. I expect this to change considerably in to next week.
On the stock (equity) trading front it was quiet for Day Trades and Swing Trades (July 4 holiday near) so that is expected. Watching $AMD close as I am in 3/10 size, the other swing trades / updates will be on the report we’re near completing now (I have a number of open trades that I will report on).
In crude oil trade, our machine software triggered 3 trades, all were winners.
Section 2: Specifics on Trades for the Day.
If you cannot see a chart below, a link is not available or not showing to the alert and/or chart or parts of the data is blocked with ******, this is because it is a premium member chart or alert. As time allows I provide in the section below copies of charts, guidance from private member Discord server chat room, live trade room screen shots and screen shots of alerts.
Oil Machine Trades / Alerts.
- As above there were 3 machine trade, 2 actionable alerts for our members and 1 was too quick to alert and be actionable for members. Below are screen shots of trade alerts on the private member Twitter feed and Discord member chat room.
- Trade alerts from oil machine software 3 for 3 wins today (2 actionable), some screen shot samples of trade sequences below from alert feed. One red day at -0.2% draw down since version launch. #OOTT $USOIL $WTI $USO #OilTradeAlerts #MachineTrading https://compoundtrading.com/product/live-oil-trading-alerts/ …
Trade alerts from oil machine software 3 for 3 wins today (2 actionable), some screen shot samples of trade sequences below from alert feed. One red day at -0.2% draw down since version launch. #OOTT $USOIL $WTI $USO #OilTradeAlerts #MachineTrading https://t.co/PMO03ofcVt pic.twitter.com/JQs7rHbiqr
— Melonopoly (@curtmelonopoly) July 3, 2019
- From the private member oil chat room, trade alerts below (sequence of trades)
JeremyYesterday at 6:27 AM
M – software is firing HF shorts 56.80 3/10 size (larger than normal) and covering fast in to .74 and on alert for an inflection. In short, its in HF mode for an inflection in to 7:30 with time cycle peak 9:00 AM
M – significant supply above 56.80 is causing the software to fire short, if supply moves out it will turn and fire long. 7:30 is the mark for a decision.
M – supply blocks are larger than typical so a very large move is expected. This also coincides with timing on EPIC model (core, middle of quad with largest expected range).
JeremyYesterday at 6:53 AM
M – it is selling again 56.80 on a high frequency protocol, won’t hold any above, tight stops.
JeremyYesterday at 7:28 AM
M – software keeps selling in low 56.80s and covering in low 56.70s so we will see. -
Oil trade alert in Discord Member chat room, first machine trade sequence alerted to members. - JeremyYesterday at 7:37 AM
M – it’s been selling against that pivot on the last 5 min candle at 56.77, if that doesn’t hold it won’t stay short. Trading 56.72 intra.
M – correction, 15 min candle pivot 56.77 -
Oil trade alerts in private oil trading chat room - JeremyYesterday at 8:04 AM
M – covered for now 56.64 still on sell signal -
Oil trade alert to cover short sell trade in oil trading room. - JeremyYesterday at 10:36 AM
M – long 56.24 1/10 HF
M- added 56.22 close 1 .33 holds 1 / 10
M – closed .45 stil on buy program -
Long trade in CL in oil trading room alerted to membership.
Personal Oil Trades.
- None.
Machine Bitcoin Trades.
- N/A in development.
Personal Bitcoin Trades.
- None, watching current action to either re-short at resistance (see member report) or cover the final 25%. Great trade so far but would like to see price targets 2 and 3 of 3 hit. Price target 1 hit.
Personal Swing Trades.
- No new positions, adds or trims (other than Bitcoin). This will get very active as soon as the new swing trade report is released and we are past the July 4 holiday.
Personal Day Trades.
- None on day. As above, once the new swing report comes out my day trading will get much more active. Our swing trade chart models can be used for daytrading (converting them on the fly is easy – bringing the time-frame down to 30, 15, 5 and 1 minute time frames).
Section 3: Trading Room Raw Video Footage for the Day.
#OilTrading #BitcoinTrading #DayTrading #SwingTrading #MachineTrading #TradeAlerts
The video below is a raw feed only, to find live trading and trade alerts voice broadcast when lead trader is trading in the room reference the time of day on the alerts. I make this available for authenticity / documentation and also some learning traders use the raw feeds for study purpose. Also, as time allows I publish separate trade set-up reports with video snippets to our blog and YouTube.
Live Trading Room Raw Feed
If you have any questions about my trading or need help with yours send me an email anytime [email protected] and I’ll do my best to help.
Thanks
Curt
Events:
Trade Coaching Webinars. This weekend we will announce 3 different How to Trade webinars. All three to be held Sunday July 7. One each for 1:00 PM Oil, 5:00 PM Swing Trading, and 7:00 PM Bitcoin trading. They will be recorded and available for order on website thereafter. Each will have limited attendee availability so that I have time to work with attendee question and answer during the webinar. Existing members get 50% discounted rates: Retail rates Oil 499.99 (4 hrs), Swing Trading 199.00 (2 hrs), Bitcoin 99.00 (1 hr). Legacy members free. If you want to attend or want a copy of the webinar video email Jen [email protected] prior to promo going out this weekend as these particular webinar formats fill up quick.
Master Trading Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):
Recent Daily Trading Profit & Loss Reports Here:
Daily Trading Profit & Loss (Alerts) Report: July 2, 2019 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Recent Premarket Notes Here (for more about what we’re up to with our trading):
Company News:
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release
Subscribe to Learn and Profit:
Click Here for Subscription Service Price Tables.
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Daily Trading Profit & Loss (Alerts) Report: July 2, 2019 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Daily Profit and Loss Summary for Personal Day and Swing Trades, Oil and Bitcoin Trades, Machine Trades and Alerts. Includes Live Trading Room Video and Alert Feed Screen Shots.
I recently posted to my Twitter feed that I would start providing daily trade profit and loss summaries and also posted some info on our goals for our machine trading / alert compound gains.
I am just getting back in to the routine of posting daily trade profit and loss reports. For now they will be basic and over time we’ll get more study / trading plan info included and more formal P&L spreadsheets included. Below is what time allows for today.
Tuesday July 2, 2019 Trade Summary.
Overall, a non eventful day.
Equities: On the stock (equity) trading front it was quiet for Day Trades and Swing Trades (July 4 holiday near) so that is expected. Watching $AMD close as I am in 3/10 size, the other swing trades / updates will be on the report we’re near completing now (I have a number of open trades).
Crude Oil: Our machine software didn’t trigger as oil slumped through out the day (mostly institutional risk on selling) and at the current software throttle it won’t trade directional trades like that (we’re about a week away with throttle control for those type of trades to trigger the software). I was triggering longs at each bottom support and end up just green on the day – I was looking for a great bounce but didn’t get one. I was lucky to be green.
The video below is a great lesson for newer traders if they ever get in to a situation with oil trading underwater on their day trades, technical skills can get you green. Oil sold off all day and I only executed longs and I was just green.
The mistake, I should have obviously been short, but a sell off of that magnitude was unusual to say the least. Odds were that I was going to get a decent bounce and there just wasn’t one. The trade sequence at end of day was green (as I said), but it was close.
The raw trading room video with live charting and me broadcasting trades in the sequence at every step will help struggling traders, but the video is raw so you have to reference the time of the alerts to the time on the video.
Bitcoin: I covered another 25% of the short (for 3/4 covered now) literally two cents from the bottom of the day, that was an exceptional trade. We do well with Bitcoin, its an easy trader for us, really clean. Hold 25% still short and looking to re short at resistance. If it blows through resistance I’ll cover and be up on the trade sequence.
Oil Machine Trades / Alerts
As above in the summary, there were no machine trade alerts (unusual, I think that was the first day).
Personal Oil Trades.
There was one trade sequence that lasted all day. Just green on the sequence.
Machine Bitcoin Trades.
N/A in development.
Personal Bitcoin Trades.
As mentioned I covered 25% (for 75% total on short position) at 9652.00 (low of day was 9650.00 haha, great timing on that one).
Personal Swing Trades.
No new positions, adds or trims (other than Bitcoin). This will get very active as soon as the new swing trade report is released and we are past the July 4 holiday.
Personal Day Trades.
None on day.
Trading Room Raw Video Footage on Day:
#OilTrading #BitcoinTrading #DayTrading #SwingTrading #MachineTrading #TradeAlerts
The video below is raw feed only, to find live trading and trade alerts voice broadcast when lead trader is trading in the room reference the time of day on the alerts.
Live Trading Room Raw Feed
Supporting Trade Alerts and Charting on Day:
If you cannot see a chart below, a link is not available or not showing to the alert and/or chart or parts of the data is blocked with ******, this is because it is a premium member chart or alert.
Crude Oil Trade Alerts.
There were numerous crude oil trade alerts in one trade sequence on my personal trading for the day (there were no machine trades), see screen capture below from oil trade alert feed. Traders with access to the alert feed (members) can see time stamp on each alert when you click the alert and you can cross reference the alert time with the raw video feed from the live trading room to hear my decisions (voice broadcast) at each trade.
Bitcoin Alerts.
Covered 25% hold 25% of BTC swing short 9652.00 see support on chart
7:34 AM – 2 Jul 2019
https://twitter.com/SwingAlerts_CT/status/1146019280674336768
DayTrade & Swing Trade Alerts.
N/A
I can’t stress enough that for new traders or traders that are fighting to get green if you take the time to scroll through those live raw video feeds and see the live trades as they’re happening there’s Gold in there, but you have to invest the time. I’ll try and segment out lessons as I have time, but we’re busy and its tough to get the time to do that. I’ll do it as I can though.
And for members, not enough members take advantage of all the charting on the various reports and in the Discord private member rooms, we unload all kinds of learning information in the Discord servers for traders that need to learn how to trade.
If you have any questions about my trading or need help with yours send me an email anytime [email protected] and I’ll do my best to help.
Thanks
Curt
Events:
Trade Coaching Webinars. This weekend we will announce 3 different How to Trade webinars. All three to be held Sunday July 7. One each for 1:00 PM Oil, 5:00 PM Swing Trading, and 7:00 PM Bitcoin trading. They will be recorded and available for order on website thereafter. Each will have limited attendee availability so that I have time to work with attendee question and answer during the webinar. Existing members get 50% discounted rates: Retail rates Oil 499.99 (4 hrs), Swing Trading 199.00 (2 hrs), Bitcoin 99.00 (1 hr). Legacy members free. If you want to attend or want a copy of the webinar video email Jen [email protected] prior to promo going out this weekend as these particular webinar formats fill up quick.
Master Trade Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):
Recent Daily Trading Profit & Loss Reports Here:
Recent Premarket Notes Here (for more about what we’re up to with our trading):
Company News:
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release
Subscribe to Learn and Profit:
Click Here for Subscription Service Price Tables.
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Daily Trading Profit & Loss (Alerts) Report: July 1, 2019 $AMD, $KOOL, $BTC, $XBT_F, $WTI, $CL_F, $USO
Daily Profit and Loss Summary for Personal Day and Swing Trades, Oil and Bitcoin Trades, Machine Trades and Alerts. Includes Live Trading Room Video and Alert Feed Screen Shots.
I recently posted to my Twitter feed that I would start providing daily trade profit and loss summaries and also posted some info on our goals for our machine trading / alert compound gains. Thread is below.
Compound Trading
100k at 0.6% gain day compound 23 mos= 1,000,000.00
Mon July 1, 19 100,000.00
Sun May 16, 21 1,000,737.00
Trading Days Yr 252
Annual ROI 151%
Monthly ROI 13.2%
Daily Target 0.6%#MachineTrade #Oil #Bitcoin #OOTT #Crypto $USOIL $WTI $CL_F $USO $BTC $XBT_F $XBTUSD— Melonopoly (@curtmelonopoly) June 30, 2019
This is the first profit and loss post, this will for now be basic and over time we’ll get more info and more formal (with proper P&L spreadsheets). Below is what time allows for today.
Oil Machine Trades / Alerts
There were four oil trades, all winners, the target (goal) for the day was exceeded by the machine trade.
3 of 4 of the trades were alerted. Alerts went to private Discord server, private member oil alert feed, were broadcast (my voice with charting) in the live trading room. 1 of 4 was only alerted live in trading room.
Personal Oil Trades.
None, however, I will be trading along side the machine trade alerts going forward now that our coding is mostly complete for oil.
Machine Bitcoin Trades.
N/A in development.
Personal Bitcoin Trades.
I shorted Bitcoin at 1/10 size, it went well and I covered 50% of the trade holding half at this point. Looking for a bounce to add to the short or if price gets to the price target I will close the short and re short after a bounce. Members can refer to the alert feed and / email sent out explaining the charting and trading plan for this short.
Personal Swing Trades.
The one swing trade was long AMD, which was a 2/10 size intended as an add to the current swing position (initial position at channel) and the other portion of the 2/10 size was to be a day trade, however, the day trade didn’t work so I am 3/10 long AMD.
Members can check to the private member swing trade alert feed on Twitter and recent reports for all current swing trades (there’s a new consolidation report on deck coming also).
Personal Day Trades.
As above the AMD day trade, it went against me and the only reason I held it is because I’m in an AMD swing trade and because my sizing is correct. When you have a swing trading plan and you’re also day trading a stock then this becomes an option for a trader. This is why we first start with the larger structure of the financial instrument and put together a trading plan for the swing trade and then perhaps also day trade the stock. You can take any of the swing trade charting in the reports and bring it down to a day trading time frame. If I day trade a stock that we do not have models for I would never hold the trade whether it goes well or not.
Historical Profit and Loss Trading Statements.
Jen is currently reconciling all the trading profit and loss statements for the purpose of review and study. The most recent working document update is available here:
Protected: Swing Trading Profit & Loss Report | Swing Trade Alerts Nov 2016 – June 26, 2019
Password: 4321 (if asked)
Take a look at recent premarket note for more about what we’re up to with our trading here:
Trading Room Raw Video Footage on Day:
#OilTrading #BitcoinTrading #DayTrading #SwingTrading #MachineTrading #TradeAlerts
The video below is raw feed only, to find live trading and trade alerts voice broadcast when lead trader is trading in the room reference the time of day on the alerts.
Live Trading Room Raw Feed $AMD $USOIL $WTI $CL_F $BTC $XBT_F
Supporting Trade Alerts and Charting on Day:
If you cannot see a chart below, a link is not available or not showing to the alert and/or chart or parts of the data is blocked with ******, this is because it is a premium member chart or alert.
Crude Oil Trade Alerts.
3 for 3 for machine trade alerts today. Exceeding .6% daily 151% per annum goal. #OOTT FX $USOIL $WTI $CL_F $UWT $DWT #OilTradeAlerts #machinetrading https://twitter.com/curtmelonopoly/status/1145164315726684161 …
3 for 3 for machine trade alerts today. Exceeding .6% daily 151% per annum goal. #OOTT FX $USOIL $WTI $CL_F $UWT $DWT #OilTradeAlerts #machinetrading https://t.co/sjrecbrb1p pic.twitter.com/ofpx0tP5mS
— Melonopoly (@curtmelonopoly) July 1, 2019
Machine trade caught the bottom turn today again. #OOTT FX $USOIL $WTI $CL_F $USO $UWT $DWT #OilTradeAlerts #MachineTrading
Machine trade caught the bottom turn today again. #OOTT FX $USOIL $WTI $CL_F $USO $UWT $DWT #OilTradeAlerts #MachineTrading pic.twitter.com/4jgRW2UoXp
— Melonopoly (@curtmelonopoly) July 1, 2019
Bitcoin Alerts.
Short Bitcoin 10640s for price target 1 at ****** area then possibly on to two other targets in trend noted $BTC #tradealerts
https://twitter.com/SwingAlerts_CT/status/1145671162950799362
50% profit trim 10319.00 $XBTSUSD $BTC #Bitcoin 20 ma support test on Daily #tradealerts
https://twitter.com/SwingAlerts_CT/status/1145708849728540672
BITCOIN (BTC) Short term trading plan, short or long at each arrow, timing on lower time frames $BTC #tradingplan
BITCOIN (BTC) We have met all targets now since buy alert (green arrow), trajectory early, what’s next on deck in new charting and report due later today. $BTC #Bitcoin
https://twitter.com/SwingAlerts_CT/status/1145610739991883777
DayTrade & Swing Trade Alerts.
Long $AMD 31.89 (already in swing, so partial is swing add and partial day trade), day trade partial. Resistance / price targets 32.58 trading box, 32.89 trendline diagonal, 33.64 mid quad, 34.29 trend line diagonal, 34.65 trading box final target. #daytrade #swingtrade #alerts
https://twitter.com/SwingAlerts_CT/status/1145668110147563520
ADVANCED MICRO (AMD) up nice from channel alert, trading 31.89 premarket, watch marked areas for resistance #swingtrade #daytrade $AMD
https://twitter.com/SwingAlerts_CT/status/1145665998453952513
ADVANCED MICRO (AMD) Nice bounce off channel support and above trading box res, trim in to key resistance add above in trajectory #swingtrade $AMD
https://twitter.com/SwingAlerts_CT/status/1143884167882727424
If you have any questions about my trading or need help with yours send me an email anytime [email protected] and I’ll do my best to help.
Thanks
Curt
Additional Info:
Master Trade Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release
Subscribe:
Click Here for Subscription Service Price Tables.
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Premarket Notes: Swing Updates, New BTC Platform w/Machine Trade, Oil Machine Trade Completion $USOIL $WTI $CL_F $BTC $BTC_F $XBT_F #premarket
Morning all.
RE: Premarket Note: Swing Updates, New BTC Platform w/Machine Trade, Oil Machine Trade Completion
We’re still in deep with these two reports – BTC and Swing (the BTC report reflects our newer models for the new machine trade development starting in a few weeks and the swing report is a larger than normal consolidation so both are taking longer than expected), they won’t be delivered until later Tuesday night and possibly in to Wednesday.
In the meantime we have the BTC trade in play and you all have that chart / plan.
On the other side of the release of the BTC report my BTC trading will become much more active on various time frames.
We also have the numerous swing trades in play and you all have the charting for those.
If you have any questions about any of the trades send an email and I will help.
Specifically to the new BTC platform (renewed) for the upcoming machine trade development (now that the oil machine trading is mostly compete)…. the new Bitcoin BTC Twitter alert feed, Discord private server and public facing Social channels will be announced with the BTC report coming out later Tuesday night.
As noted, the oil machine trade coding has been complete for a few weeks and this version is doing well. We’re tweaking as it runs through sequences but all in all we’re extremely satisfied.
Previous premarket tells you a little more about our WIP updates (including upcoming Webinars, P&Ls etc):
Thanks again,
Curt
Events:
Trade Coaching Webinars. This weekend we will announce 3 different How to Trade webinars. All three to be held Sunday July 7. One each for 1:00 PM Oil, 5:00 PM Swing Trading, and 7:00 PM Bitcoin trading. They will be recorded and available for order on website thereafter. Each will have limited attendee availability so that I have time to work with attendee question and answer during the webinar. Existing members get 50% discounted rates: Retail rates Oil 499.99 (4 hrs), Swing Trading 199.00 (2 hrs), Bitcoin 99.00 (1 hr). Legacy members free. If you want to attend or want a copy of the webinar video email Jen [email protected] prior to promo going out this weekend as these particular webinar formats fill up quick.
Master Trade Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):
Recent Daily Trading Profit & Loss Reports Here:
Recent Premarket Notes Here (for more about what we’re up to with our trading):
Company News:
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release
Subscribe to Learn and Profit:
Click Here for Subscription Service Price Tables.
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Crude Oil Trading Report | Strategies, Trade Alerts, Signals, Charts, Algorithms | Premium User June 30
Crude Oil Trade Strategies Report June 30, 2019.
Trade Alert Signals for Crude Oil (CL) Day Trading, Trend and Swing Trading. Intra-Day, Daily, Weekly, Monthly Time-Frames.
The strategies that include charts, algorithm models, signals, price targets and guidance included below are suitable for mechanically executed trading and are also the models our coding staff reference for our crude oil machine trade development.
With each chart model we may include trade strategy notes for your consideration.
For perspective, review historical reporting on our blog and the various videos we have published to our YouTube channel.
Much of the structured model discipline used is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street.
Crude oil price moves within structured areas (ranges) of trade / charting on various time frames (different time cycles of trade).
The structure oil price moves within (the range) can be one minute charting timing through to monthly charting.
Time-frame set-ups / strategies are charted as conventional chart set-ups and/ or algorithmic chart set-ups (structures).
Understanding and having each time frame at your immediate access (both conventional and algorithmic) will increase the probability of profitable trading.
Sizing trades appropriate to your trading account and time frame for each set-up is additionally a positive strategy.
Using the correct chart time-frame specific to your trading strategy is critical. Generally, the lower (smaller) the time frame the less predictable the support and resistance areas (or structure) of the chart will be. However, the larger time-frames (monthly, weekly, daily) may also have significant “slippage” but the primary structure will often remain intact.
Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend. The basic method is to understand the range of trade and execute trade long bias when price is near support for the appropriate time frame / structure and the opposite is true for short trades.
Our staff use the thirty minute model structures (range within trends) most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy.
Positioning should be significantly biased to the trending range of trade. For more information about trend identification for trading various time-frames refer to this article on Investopedia; Multiple Time Frames Can Multiply Returns.
If you have questions about the models below please email us at [email protected].
Not all charts are updated every week and some concept or test charts are added or deleted on occasion. If you are a new client that would like to review historical reports that are still locked on the blog from public view please email the office with your request and we will send you recent reports to review.
Please note, chart links that support the models below are now distributed specific to each user or small group of users. If you are using more than one device to access the charting, to avoid disruption of service, please email us a simple / general description of those devices to assist in controlling dissemination.
EPIC Crude Oil Algorithm Model. 30 Minute Oil Chart Structure.
The EPIC algorithm model chart below is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade within this specific time-frame.
The levels noted on the EPIC model are to be used as important areas of consideration for support and resistance (trade signals) for your trading strategy when using conventional charting set-ups / structures and/or other algorithmic charting.
Resistance and support areas on the thirty minute oil trade structure chart are at each line on the algorithmic chart. The primary areas of support and resistance are;
- Outer quadrant walls / also used as channel support and resistance (orange dotted diagonal lines), the half way point between each is often an executable buy or sell trigger in trade (not shown on model below),
- Mid channel line for uptrend and down trend (white dotted diagonal),
- Mid quad horizontal (not marked but is at the mid point of the quad),
- Fibonacci levels (various horizontal colored lines),
- Historical areas of support and resistance (purple horizontal).
- The intra-week swing trading range is from thick horizontal gray line to the next (commonly becomes a pivot area of trade).
- The important historical diagonal trend-lines (conventional trend lines) are represented on the chart as thick white lines.
- Also of note are the price targets for Tuesday 4:30 PM (API), Wednesday 10:30 AM (EIA) and Friday 1:00 PM (Rig Count). The Tuesday and Wednesday targets hit significantly more often than the Friday target (red circles with red or green vertical dotted lines intersecting).
- At times other indicators are added to the chart such as important trend lines “in play”, moving averages and more.
The video at this link explains How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, #OIL, #Trading, #Algorithm, #OOTT as does this video Oil Trading Room – How to Use EPIC the Oil Algorithm Model Chart June 21 #OIL #OOTT and this Webinar 1: EPIC the Oil Algorithm.
When conventional crude oil charting coincides (or agrees) with the EPIC algorithmic model support and resistance this is then considered a significant buy or sell trigger (signal) for crude oil trade.
Be aware (at minimum) of the primary support and resistance areas on the larger time-frames (lower time frames are not as critical) – in this instance (when trading the 30 min time frame) the 1 hour, 4 hour, daily, weekly and monthly charting should be considered when sizing your trades.
30 Minute Charting.
EPIC 30 Min Crude Oil Trading Algorithm June 30 536 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
One Minute Oil Trading Model. Ideal for Intra-day Crude Oil Trade.
The one minute oil trading model provides for pinpoint trade entry, sizing and exit points for daytrading oil. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.
Intra-day diagonal trend-lines should be added by the daytrader.
If you need a recent 1 minute model email the office and a link will be sent to you.
Per recent;
One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Minute Charting.
The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intra-day on this time frame. The horizontal / diagonal / sloping up-trending green lines can be used as support and resistance decision areas.
5 Min Crude Oil Trade Model 717 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Charting.
Recent crude oil trade makes a predictable 15 minute model difficult, below are some trend lines to consider until a structured range or channel possibly develops.
https://www.tradingview.com/chart/USOIL/AXAGZH0R-15-Min-Crude-Oil-Charting-Trend-Lines-to-Consider/
15 minute abstract crude oil model in development, under test.
60 Minute Charting.
Per recent;
60 Min Trend Channel Trade Box Fork (concept chart) May 29 1:10 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
2 Hour (120 Min) Charting.
Trend Lines Everywhere – 120 Minute Crude Oil Trend line chart.
4 Hour Charting.
240 Min Crude Oil Chart Structure 1007 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
4 Hour Oil Trending Channel Chart with Trading Boxes Moving Averages 123 PM May 19 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
4 Hour Symmetry Chart, Needs to be Cleaned Up May 19 134 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per recent;
The 4 hour crude oil concept model below has trend-lines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).
4 Hour Concept Crude Oil Trading Model May 19 154 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies.
Daily Charting.
The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy. The MACD is a common indicator on the daily oil chart for forward positioning and trend bias.
Daily Crude Oil Trend Line, Range Chart 1019 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Daily Crude Oil Chart, Trend Line Considerations 1026 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Daily Crude Oil Chart Golden Cross 200 PM May 19 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Weekly Charting.
Weekly Crude Oil Time Cycle Chart 1016 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Weekly Crude Oil Trend Line, Range Chart 1023 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
Weekly crude oil chart perspective May 19 1036 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
The most important signals on the weekly chart model are the red historical trend lines. Pay very close attention to them. There are other common indicators included on the model also.
Per recent;
Weekly Trendline Crude Oil Trading Model May 6 118 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
May 6 – price nearing an important trend line support (red line on chart below).
Monthly Charting.
Monthly Crude Oil Structure 1029 PM June 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
Monthly Structure Crude Oil Trading Model 209 PM May19 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per recent;
Monthly Structure Crude Oil Trading Model 126 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Weekly trend line resistance area holding so far.
Per recent;
Oil Price Targets
Machines were in control last week. When crude oil sold off Friday it first hit upside price target and then sold off in to lower price target perfect (Price Targets published on weekend prior report) Lower PT shown below. #machinetrading FX $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
https://twitter.com/EPICtheAlgo/status/1145354990527164416
Further Learning:
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 top crude oil traders that includes learning systems, blog posts and videos.
Welcome to NYMEX WTI Light Sweet Crude Oil Futures.
Subscribe to Oil Trading Platform:
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Real-Time Oil Trading Alerts (Private Twitter feed).
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Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.
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, Futures, Strategy, Signals, USOIL, WTI, CL_F, USO
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Premarket Note: Equities, Oil Levels to Watch, Swing Trades/Alerts, P&Ls, Webinars: Oil, Swing Trading, Bitcoin | $USOIL $WTI #OOTT $BTC #premarket
Premarket: Equities, Oil Levels to Watch, Swing Trades, P&Ls, Webinars Oil, Swing, BTC
Morning traders,
Not a day to get bold with geo political events near term.
Equities: We’re looking at new swing entries between now and Tuesday premarket, likely more so closer to Tuesday. Swing Trading reports will reflect the new positions. 2019 has been a banner year so we’re hoping to continue in that direction.
Swing Trading Profit and Loss Statements: Jen is working through consolidation of Swing Trading Alert P&Ls, will take her a few weeks, in the meantime you can view updates as they’re published (on blog), here’s an example of the format she’s using (most recent update).
Protected: Swing Trading Profit & Loss Report | Swing Trade Alerts Nov 2016 – June 26, 2019
Password: 4321
Oil Trading Profit and Loss Statements: Also being consolidated are the oil alert P&L’s. We’ve settled in to the most recent version of machine trading software now and we’re tweaking and slowly removing throttles as sequences run through. It has only had one red day since recent version launch at 0.2% draw down so that’s really encouraging. We’re expecting big things here. BTC is next (about 6 weeks or so from our start on that).
We’re currently alerting to the oil trade private member feed from the machine trading and my personal trading and will soon include our top traders to the feed.
Recent example of oil trade alerts:
Software alerting / selling near tops today after accumulation of longs in to open. Didn’t nail the top exact, but close enough on a tight range day. #OOTT FX $USOIL $WTI $CL_F $UWT $DWT #MachineTrading #Oil
Software alerting / selling near tops today after accumulation of longs in to open. Didn't nail the top exact, but close enough on a tight range day. #OOTT FX $USOIL $WTI $CL_F $UWT $DWT #MachineTrading #Oil pic.twitter.com/9YT9yWwP2L
— Melonopoly (@curtmelonopoly) June 28, 2019
Some Oil Levels On Watch Today FX USOIL WTI:
Levels to watch on EPIC 30 Min Model Today; Resistance 60.76, 60.31, 59.89. Support 59.46, 59.13 down trend TL, 58.92, 58.83, 58.67. Trading 59.52 intra. Caution warranted with G20 and OPEC meetings on deck. Range is compressing in to Geo events last few days.
Trade Coaching Webinars: This weekend we will announce 3 different How to Trade webinars. All three to be held Sunday July 7. One each for 1:00 PM Oil, 5:00 PM Swing Trading, and 7:00 PM Bitcoin trading. They will be recorded and available for order on website thereafter. Each will have limited attendee availability so that I have time to work with attendee question and answer during the webinar. Existing members get 50% discounted rates: Retail rates Oil 499.99 (4 hrs), Swing Trading 199.00 (2 hrs), Bitcoin 99.00 (1 hr). Legacy members free. If you want to attend or want a copy of the webinar video email Jen [email protected] prior to promo going out this weekend as these particular webinar formats fill up quick.
Thanks
Curt
Additional Info:
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Swing Trading Strategies, Charts, Alerts w/ Video | Premium $PXD $TLRY $TSLA $EEM $AGN $AMD $INTC $XOP $MGI $BOX $FB $PLUG $BTC $LYFT $IOTS $SQ $STNE $TEUM $AU …
Swing Trading Set-Ups, Strategies, Alerts, Charts, News. June 24, 2019.
Below are Swing Trade Set-Ups Currently On Watch (in addition to the others in recent reporting) $PXD, $TLRY, $TSLA, $EEM, $AGN, $AMD, $INTC, $XOP, $MGI, $BOX, $FB, $PLUG, $BTC, $LYFT. $IOTS, $SQ, $STNE, $TEUM, $AU, $OIH.
Live Trading Room Swing Trade Video Review From June 20, 2019 2:22 PM.
All the swing trading alerts, strategies, charts and various set-ups are reviewed in detail on the video below from the live trading room.
Crude Oil (USOIL WTI)
Near resistance (as of time of video) 57.66 uptrending trend-line above, updated signals and charting in the most recent oil report distributed to members.
PIONEER NATURAL RESOURCES (PXD)
PIONEER NATURAL RESOURCES (PXD) through first Fib resistance target closed Friday 155.21 up from 148.50 swing trade alert with 161.00 area first Fibonacci resistance over-head.
From Swing Trade Alert 8:22 AM – 20 Jun 2019 (screen capture of alert below);
PIONEER NAT RES (PXD) Long PXD 148.50 for 160.98 price target # 1. See model. #swingtrading #tradealert https://www.tradingview.com/chart/PXD/pwpvHlyt-PIONEER-NAT-RES-PXD-Long-PXD-148-50-for-160-98-price-target/ …
Swing Trade Alert Screen Capture – PIONEER NAT RES (PXD) Long PXD 148.50 for 160.98 price target # 1. See model.
TILRAY (TLRY)
TILRAY (TLRY) Nice swing trade from 46.10 for 49.03 PT 1 and thru other resistance, trading 50.45 $TLRY #swingtrade #alert
Add in to each resistance and add above on trajectory or add on pull-backs.
It doesn’t get much easier than this – trade by numbers (lines).
From Swing Trade Alert to Trim in to Resistance 10:12 AM – 20 Jun 2019;
TILRAY (TLRY) in to key resistance, trim in to it add above to next #swingtrading #alerts $TLRY https://www.tradingview.com/chart/TLRY/cPAkfJnL-TILRAY-TLRY-in-to-key-resistance-trim-in-to-it-add-above-to-n/ …
From Swing Trade Alert Original Entry 8:04 AM – 20 Jun 2019;
Long $TLRY 46.10 for 49.03 PT # 1 details on report to follow, see previous charting.
TESLA (TSLA)
TESLA (TSLA) short, trade found support and bounced, stop at entry, resistance test above, could go either way. $TSLA
This trade started off well and as a daytrade it was excellent. On the swing it is still in play but trade did bounce at support below so be sure to exit before any loss as it is on the right side still. The trade is so close to the lower end of its trading range there’s no wisdom in holding if it turns against the original entry 225.05.
From Swing Trade Alert Feed 8:00 AM – 20 Jun 2019
Short $TSLA 225.05 for 203.42 1st PT, details in report upcoming. #swingtrading
EMERGING MARKETS ETF (EEM)
EMERGING MARKETS ETF (EEM) Long term swing trade, add at bottom of channel long trim at top $EEM #swingtrade
MACD, Stochastic RSI, and Squeeze Momentum on daily time frame are all trending up.
From Swing Trade Alert Feed 8:07 AM – 20 Jun 2019 Long $EEM 43.06 with 45.50 Price target # 1, details in upcoming report
ALLERGAN (AGN)
ALLERGAN (AGN) Trading 130.75 up from 116.00 original alert, see video report from trading room for the trading strategy going forward on this one and / or follow support and resistance points on chart. $AGN #swingtrade
ALLERGAN (AGN) swing from 116.00 doing well trading 130.81, trim in to 136 area resistance add above $AGN #swingtrade #alert
From June 18 Report;
ALLERGAN (AGN) from yesterday Swing Trade Report up 4.24% today closing 120.64 trim in to 128.00 add above $AGN #swingtrade #alert
Ironwood and Allergan Report Positive Topline Data from Phase IIIb Trial of LINZESS® #swingtrading $AGN https://finance.yahoo.com/news/ironwood-allergan-report-positive-topline-200500616.html?soc_src=social-sh&soc_trk=tw https://twitter.com/swingtrading_ct/status/1141170424769896452
From June 17, 2019 Report:
ALLERGAN (AGN) After significant sell-off this looks ready for a bounce near key over sold support now $AGN #swingtrade
The area of support just below trade (see white arrow) looks to be a key area that is likely to find support and bounce. If it does bounce then I see three areas of key snap back for bullish trade. A general trajectory of trade possible in a bullish scenario is included below with 3 white arrows. We will see how trade near term is, but I like it for a bounce to at least the first price target (first white uptrending arrow).
7 Stocks Ripe for M&A as Trade War Pushes Market Off Record Highs https://www.investopedia.com/7-stocks-ripe-for-m-and-a-as-trade-war-pushes-market-off-record-highs-4689910?utm_source=twitter&utm_medium=social&utm_campaign=shareurlbuttons
ADVANCED MICRO DEVICES (AMD)
ADVANCED MICRO (AMD) has hit every upside price target (albeit some late) load at bottom of channel for 40.00 PT in trajectory #swingtrade $AMD – Of all the plays on radar between here and election, this is in top 10% imo. Load channel support. https://www.tradingview.com/chart/AMD/ngLZ4D1C-ADVANCED-MICRO-AMD-has-hit-every-upside-price-target-albeit-s/ …
Current trade pressure down in to time cycle peak, however, I expect it to turn very bullish in to October, 2019.
INTEL CORP (INTC)
June 24 – See Video for swing trading strategy.
Per June 18 Report;
INTEL CORP (INTC) from June 14 alert up 2.69% trading 47.37 today with MACD and SQZMOM trend up, watch 200 MA above #swingtrade $INTC
Nvidia and Intel’s Mobileye Both Continue Racking Up Autonomous Driving Deals #swingtrading $INTC
S&P OIL and Gas ETF (XOP)
June 24 – S&P OIL and Gas ETF (XOP) Swing trade doing well from 25.39 alert hit 27.09 trading 26.71. Add at each pull back and run the trend until MACD on 4 hour turns down. #swingtrade #tradealert
Per June 18 Report;
S&P OIL and Gas ETF (XOP). From yesterday’s alert bounced 2.69% today, MACD confirming, model to follow for trade strategy #swingtrading $XOP
ETFs & Stocks From Top-Ranked Sector to Buy #swingtrading $XOP
S&P OIL and Gas MACD cross up with double bottom, 20% move possible here. On watch for bounce. #swingtrading $XOP
MONEYGRAM INTERNATIONAL (MGI)
June 24 – See Video for swing trading strategy.
Per previous;
MONEYGRAM INTERNATIONAL (MGI) Up 167% today, sure looks like a bottom pattern, 200 MA on weekly minimum price target in continuation scenario, on high watch for Wed premarket $MGI #swingtrade #daytrade #alert
MoneyGram Soars on $50M Investment From Blockchain Startup Ripple #swingtrading $XRP $MGI https://www.thestreet.com/investing/cryptocurrency/moneygram-soars-on-ripple-investment-14994298
BOX INC (BOX)
Per alert below this is on watch, review video for trading strategy.
BOX INC (BOX) Is revving up again for a big move, looking for a possible move to 23.00, fast $BOX #Swingtrading #tradealerts
FACEBOOK (FB)
June 24, 2019 – Review video for trading strategy in detail.
PLUG POWER (PLUG)
June 24, 2019 – Review video for trading strategy in detail.
BITCOIN (BTC)
June 24, 2019 – Review video for trading strategy in detail.
ADESTO TECHNOLOGIES (IOTS)
June 24, 2019 – Review video for trading strategy in detail.
SQUARE (SQ)
June 24, 2019 – Review video for trading strategy in detail.
STONECO (STNE)
June 24, 2019 – Review video for trading strategy in detail.
PATEUM (TEUM)
June 24, 2019 – Review video for trading strategy in detail.
ANGLO GOLD (AU)
June 24, 2019 – Review video for trading strategy in detail.
OIL SERVICE (OIH)
June 24, 2019 – Review video for trading strategy in detail.
LYFT INC (LYFT)
June 24, 2019 – Review video for trading strategy in detail.
Per une 18 report;
LYFT INC (LYFT) bullish chart trading 64.40 targets 75.44 Jul 5 with 68.82 resistance (trading box) #swingtrading $LYFT
Disney resorts get a Lyft with rideshare partnership #swingtrading $LYFT $DIS https://www.bizjournals.com/losangeles/news/2019/06/18/disney-resorts-get-a-lyft-with-rideshare.html
Thanks
Curt
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Article Topics; Swing Trading, Set Ups, Strategies, Alert, Signals, $PXD, $TLRY, $TSLA, $EEM, $AGN, $AMD, $INTC, $XOP, $MGI, $BOX, $FB, $PLUG, $BTC, $LYFT. $IOTS, $SQ, $STNE, $AU. $OIH, $WTI, $USOIL #Oil
Crude Oil Trading | Strategies, Charts, Trade Alerts, Signals, Algorithms | June 23 Premium
Crude Oil Trade Strategy Updates June 23, 2019.
Signals for CL Day Trading, Trend and Swing Trading. Intra-Day, Daily, Weekly, Monthly Time-Frames.
The charts, algorithm models, signals, price targets and guidance included below are suitable for mechanically executed trading and are also the models our coding staff reference for our crude oil machine trade development.
With each chart model we may include trade strategy notes for your consideration.
For perspective, review historical reporting on our blog and the various videos we have published to our YouTube channel.
Much of the structured model discipline used is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street.
Crude oil price moves within structured areas (ranges) of charting on various time frames (different time cycles in trade). The structure oil price moves within (the range) can be one minute charting timing through to monthly charting. Time-frame set-ups / strategies are charted as conventional chart set-ups and/ or algorithmic chart set-ups (structures). Understanding and having each time frame at your immediate access (both conventional and algorithmic) will increase the probability of profitable trading.
Sizing your trades appropriate to your trading account and time frame for each set-up is additionally positive strategy.
Using the correct chart time-frame specific to your trading strategy is critical. Generally, the lower (smaller) the time frame the less predictable the support and resistance areas of the chart will be. However, the larger time-frames (monthly, weekly, daily) can also have significant “slippage”.
Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend. The basic method is to understand the range of trade and execute trade long bias when price is near support for the appropriate time frame / structure and the opposite is true for short trades.
Our staff use the thirty minute model structures (range within trends) most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy.
Positioning should be significantly biased to the trending range of trade. For more information about trend identification for trading various time-frames refer to this article on Investopedia; Multiple Time Frames Can Multiply Returns.
If you have questions about the models below please email us at [email protected].
Not all charts are updated every week and some concept or test charts are added or deleted on occasion.
Please note, the chart links are now distributed specific to each user or small group of users. If you are using more than one device to access the charting, to avoid disruption of service, please email us a simple / general description of those devices to assist in controlling dissemination.
EPIC Crude Oil Algorithm Model. 30 Minute Oil Chart Structure.
The EPIC algorithm model chart below is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade within this specific time-frame.
The levels noted on the EPIC model are to be used as important areas of consideration for support and resistance (trade signals) for your trading strategy when using conventional charting set-ups / structures and/or other algorithmic charting.
Resistance and support areas on the thirty minute charting oil trade structure are at each line on the algorithmic chart. The primary areas of support and resistance are;
- Outer quadrant walls / also used as channel support and resistance (orange dotted diagonal lines), the half way point between each is often an executable buy or sell trigger in trade (not shown on model below),
- Mid channel line for uptrend and down trend (white dotted diagonal),
- Mid quad horizontal (not marked but is at the mid point of the quad),
- Fibonacci levels (various horizontal colored lines),
- Historical areas of support and resistance (purple horizontal).
- The intra-week swing trading range is from thick horizontal gray line to the next (commonly becomes a pivot area of trade).
- The important historical diagonal trend-lines (conventional trend lines) are represented on the chart as thick white lines.
- Also of note are the price targets for Tuesday 4:30 PM (API), Wednesday 10:30 AM (EIA) and Friday 1:00 PM (Rig Count). The Tuesday and Wednesday targets hit significantly more often than the Friday target (red circles with red or green vertical dotted lines intersecting).
- At times other indicators are added to the chart such as trend lines and moving averages.
The video at this link explains How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, #OIL, #Trading, #Algorithm, #OOTT as does this video Oil Trading Room – How to Use EPIC the Oil Algorithm Model Chart June 21 #OIL #OOTT and this Webinar 1: EPIC the Oil Algorithm.
When conventional crude oil charting coincides (or agrees) with the EPIC algorithmic model support and resistance this is then considered a significant buy or sell trigger (signal) for crude oil trade.
Be aware (at minimum) of the primary support and resistance areas on the larger time-frames (lower time frames are not as critical) – in this instance (when trading the 30 min time frame) the 1 hour, 4 hour, daily, weekly and monthly charting should be considered when sizing your trades etc.
EPIC 30 Min Crude Oil Trading Algorithm June 23 233 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
Crude Oil 30 Minute Alternate Chart Models.
Per recent;
30 Min Alternate Trend Lines Crude Oil Trading Model 1229 PM May 19 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
One Minute Oil Trading Model. Ideal for Intra-day Crude Oil Trade.
The one minute oil trading model provides for pinpoint trade entry, sizing and exit points for daytrading oil. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.
Intra-day diagonal trend-lines should be added by the daytrader.
Per recent;
One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Minute Crude Oil Chart Model.
The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intra-day on this time frame. The horizontal / diagonal / sloping up-trending green lines can be used as support and resistance decision areas.
5 Min Crude Oil Trade Model 308 PM June 23 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Crude Oil Trading Model(s).
Crude oil 15 min channel chart version one.
https://www.tradingview.com/chart/USOIL/kobbU9WE-15-channel/
Crude Oil 15 Min Channels Vers 2 (needs work), 1231 PM June 23 FX USOIL WTI $USO $CL_F #Crude #Oil #Chart
Per recent;
Crude oil range of trade May 19 927 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
60 Minute Oil Charting.
Per recent;
60 Min Trend Channel Trade Box Fork (concept chart) May 29 1:10 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
4 Hour Trending Channel Chart.
Per recent;
4 Hour Oil Trending Channel Chart with Trading Boxes Moving Averages 123 PM May 19 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
4 Hour Symmetry Chart Model.
Per recent;
4 Hour Symmetry Chart, Needs to be Cleaned Up May 19 134 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
4 Hour Oil Concept Trading Model.
Per recent;
The 4 hour crude oil concept model below has trend-lines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).
4 Hour Concept Crude Oil Trading Model May 19 154 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies.
Per recent;
4 Hour Concept Crude Oil Trading Model May 6 1216 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies.
Daily Chart Trading Model(s).
The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy. The MACD is a common indicator on the daily oil chart for forward positioning and trend bias.
Crude Oil Daily View with 200 MA overhead of Weekly Range, channel and trendlines $USOIL $WTI $CL_F #OilChart
Per recent;
Daily Crude Oil, MACD turned down, first price target ext lower met 1249 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per recent;
April 28, 2019 Trading Strategy / Set-Up Based on Symmetry in the Trend on the Daily Chart.
A sell off in exact place in structure of daily chart model did occur once previous in this trend (see two circled areas on daily chart below).
The two instances of selling pressure in the bullish daily trend in oil trade happens to be a perfect symmetrical measured extension in the progression.
IF crude oil trades up the same measured extension as the low to the first sell off in the symmetry, this would imply a high in this trend for crude oil on FX USOIL WTI to approximately 69.00 – if symmetry continues.
Before a pull back, or about 600 ticks from where oil is currently trading at 62.96.
See chart below;
Daily Crude Oil Chart with Symmetry of Previous Sell Off and Price Target of 69.00 if Symmetry Continues 1154 PM April 28 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Daily Crude Oil Chart Golden Cross 200 PM May 19 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Pre recent;
Daily Crude Oil Chart Golden Cross Set Up Still In Play Despite Sell Off 1255 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Weekly Oil Trading Model(s).
Crude Oil Weekly (Magnified+) Range, channel and trend lines to consider. Noisy, but each line decent signal $USOIL $WTI $CL_F #OilChart
Crude Oil Weekly Chart – Range, channel and trend lines to consider. Noisy, but each line decent signal $USOIL $WTI $CL_F #OilChart
Per recent;
Weekly crude oil chart perspective May 19 1036 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
The most important signals on the weekly chart model are the red historical trend lines. Pay very close attention to them. There are other common indicators included on the model also.
Per recent;
Weekly Trendline Crude Oil Trading Model May 6 118 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
May 6 – price nearing an important trend line support (red line on chart below).
Per recent;
Oil Time Cycle comes in June 10, can it reverse prior FX USOIL $WTI $CL_F $UWT $DWT #timecycles #Oil #OOTT
Monthly Oil Trading Model.
Monthly Structure Crude Oil Trading Model 209 PM May19 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Per recent;
Monthly Structure Crude Oil Trading Model 126 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies
Weekly trend line resistance area holding so far.
Per recent;
Further Learning:
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 top crude oil traders that includes learning systems, blog posts and videos.
Welcome to NYMEX WTI Light Sweet Crude Oil Futures.
Subscribe to Oil Trading Platform:
Standalone Oil Algorithm Newsletter (member charting sent out weekly).
Real-Time Oil Trading Alerts (Private Twitter feed).
Oil Trading Room / Algorithm Newsletter / Alert Bundle (includes weekly newsletter, trading room, charting and real-time trading alerts on Twitter).
Commercial / Institutional Multi User License (for professional trading groups).
One-on-One Trade Coaching (Via Skype or in person).
Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.
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, Futures, Strategy, Signals, USOIL, WTI, CL_F, USO
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