Tag: Best
What They Won’t Tell You – How We DayTrade Crude Oil Against The AI’s in the Markets, A Sneak Peak. #OOTT $CL_F $USOIL $WTI
An Insider’s Look at Daytrading Crude Oil – Against The Machines | Live Trade Alerts Guidance by our Lead Trader in Oil Trading Room
Tonight when I sat down to my trading desk I didn’t intend to trade crude oil, but I knew that our lead Computer Scientist Jeremy had been tracking some machine liquidity sweepers in oil futures and indices markets since earlier Tuesday April 28, 2020.
So I was ready for anything.
We’ve been watching the crude oil machine order flow in the markets for the last 12 hours or so – since the AI’s showed up in flow earlier on EPIC IDENT software.
The machine programs have been slowly taking hold of the intra-day oil trading structure more and more over the course of the day on each time frame from 15 second micro daytrading charting time-frame through to 1 minute, 5 minute and 60 minute time-frames that I will show you below.
Anyway, when I sat down for my daily market prep $STUDY session I realized the machines were firing long in to some price targets on the 60 minute oil chart time-frame structure. I knew that our software wouldn’t start trade executions yet (it needs a certain amount of machine order flow to support its bias and start triggering).
If you haven’t read the EPIC V3 Crude Oil Machine Trading White Paper yet you can read about the rule-set instructions it fires trades to here: White Paper Updated Dec 29, 2019: How EPIC v3 Crude Oil Machine Trading Outperforms Conventional Trading.
So I knew the machines in crude oil futures trade were / are firing long in to a price target for Thursday 1:00 PM based on the 1 hour oil charting time-frame (from that specific algorithmic model). So I took the trade before I finished my first coffee.
By the way, we trade when the machine flow is in the markets because it becomes unfair for the competitors, in other words, our win rate skyrockets because we have intelligence the average oil day-trader does not have (unless they are employing high-end machine intelligence).
Below is one example, I just closed out the day-trade in crude oil futures you will see here.
I provide what I can (I can only show you so much) but what you will see below are the screen images from the oil trading room and oil trade alerts feed and algorithmic trading chart models that represent our machine trade for some of the time-frames. The guidance I provided the oil trading room and oil trade alert feed are included.
If you read this document carefully…
You will notice if you read this document carefully that I explained to the trading room what the machines would do in advance of it actually happening. On each time frame of trade we know what the decisions are algorithmically for the machine order flow.
I explained to the trading room what the machines would do in advance of it actually happening.
The charts below from the trade alerts and oil trading room are time stamped in the top left hand corner of the image .
I hope you enjoy the disclosure, here it is;
First the earlier trade set-up strategy commentary and guidance from the oil trading room earlier in the day discussing the upcoming time cycle in crude oil and machine order flow identified in markets.
Crude oil trading structure suggests decision for leg up or down prior to Thurs 1200 EST PM #oiltradingroom
Oil trading room commentary, discussion about oil strategy call that worked and order flow identified.
JeremyToday at 10:19 AM
That was the strongest progressive order flow in the recent lows we have seen yet, likely machine programs in that rally. Time cycle for Thur 12:00 PM EST looks like the inflection (sometime prior). EPIC V3.1.1 was very close to firing, next rally we would expect programs to start.
Curt MelonopolyToday at 10:19 AM
Nice, thanks J
JeremyToday at 11:53 AM
Those SPY blocks from this morning you may see on social media people talking about, the machine programs coincide on CL progressive blocks. Same entity(s) likely.
Curt MelonopolyToday at 11:55 AM
thanks J
And one of my best oil trade alerts this week was here;
luisitoToday at 1:45 PM
Looking for a possible bounce from 10.00 area to 13.00s, trading 11.24 and dropping. FX USOIL WTI
@Curt Melonopoly amazing call
Curt MelonopolyToday at 1:45 PM
well thanks @luisito i’ll take what i can lol
we’re just watching this order flow now in to settlement because there were some sweepers in earlier today CL and SPy
luisitoToday at 1:47 PM
Curt: is a 400 ticks call. 100 down, 300 up.
Oil trading room commentary, discussion about oil strategy call that worked and order flow identified #oiltradingroom
Curt MelonopolyToday at 1:48 PM
ha ya, hopefully the next is better, if we get follow through above the earlier blocks we should see 19.46
have to see if the sweeper push it
Curt MelonopolyToday at 2:32 PM
As expected: Moderate above VWAP in to settlement, reflects market action & order flow, API and EIA then likely reversal to 19.40s, we’ll watch and see if the sweepers return. Should see EPIC (I know I’ve said it last week but structure needs to be there and it seems were there)
Very technical move in crude oil, post EIA should provide exceptional trading opportunity, structure returning fast.
If the machine bulls get their way, 19.47 Thursday 100 PM is the mark, 600 ticks, trading 13.56, 1 hr firing clean #oiltradealerts
Oil Trading Room alerting first trade entry – I’m going to go with this tight stops 1-10 13.59 long. #oiltradingroom
I’m going to go with this tight stops 1/10 13.59 long. Likely fails but I’m going to try and build above 13.56. So I’ll close under go above around that pivot. Quoting FX USOI WTI traded on CL.
The one minute support (pivot) I am speaking about (white arrow), but they have to clear 1 hour resistance on previous chart. #oiltradealerts
Hoping my long position sees a bit of a squeeze in oil futures here in to 1030 PM EST time cycle peak on 5 min timeframe #oiltradealerts
I marked the price targets for intra day machine route bias to the 19.47 price target Thursday. See chart. #oiltradealerts
Screen capture of actual oil trade alert from private member feed – 14.19 is the next resistance trading… #oiltradealerts
14.19 is the next resistance trading 14.05 so i may close 14.18 area and see if we pull back and then go again.
Bulls are taking some profit at 14.04 recent double top area of price, so we’ll see how this shapes up or down #oiltradealerts
Based on the first symmetrical extension on the 1 min your new pivot is approx 13.74, so if bulls are firing on 1 min this should hold.
If your 1 min symmetrical pivot support doesn’t hold then look to 5 min 20 MA for bulls to go or not in to 1030 timing #oiltradealerts
Screen capture image of oil trading alert private feed where I close the oil trade for a win and explain decisions #oiltradingalert
Screen shot image captured of actual oil trading room discussion from lead trader and guidance for trade plan #oiltraderoom
I am going to let them go from here without me and on a pull back (likely after time cycle peak) then I will re-enter long for the next leg up.
I got a 58 point move there on that time cycle, symmetrical set-up s I’m happy with that considering time of day.
I may have made the right decision, if 13.94 fails then likely they don’t make the resistance break 14.19 on crude oil hourly.
I got my bullish extension on 1 min symmetrical move as planned, lets see if I get a pull back, still time n to 1030 time cycle for more #oiltradealerts
You can see how the squeeze is occurring in crude oil in to the time cycle at 1030 PM as it did at 730 PM #oiltradealerts
I may have made the right decision, if 13.94 fails then likely they don’t make the resistance break 14.19 on crude oil hourly. #oiltradealerts
Over 14.19 in crude oil trade on FX USOIL WTI 14.56 then 14.80 are your next intraday resistance #oiltrading #daytrading
You can see how bulls in oil trade are firing off the trajectory arrow toward the price targets I’m alerting, when it fails watch out #oiltradealerts
Bulls only have 5 prime minutes left (10 total) and trajectory for 14.56 price target comes in at 1057PM so they need a squeeze #oiltradealerts
They have 4 minutes left to 5 min candle expiry, at 1035 if price target not hit the advantage goes to bears short term #oildaytrading
At 103230 they are firing off half time on 5 min candle decision half range pivot support, if it fails they likely fail here #oiltradealerts
At turn of 1035 PM 5 min candle first signs of break down are appearing #machinetradingoil
If the break down continues, the first real buy trigger for the bulls again is 200MA on 1 min likely at 1100PM #daytradingcrudeoil
Here’s your 200 MA price hit on the crude oil 1 minute time frame, just below is vwap and 1 min range support #oildaytrading
And now the pinch between the 20 MA to upside of price and 200 MA support lower than price for a decision #oiltrading #technicalanalyis
I am sure you can see from the trade action in the oil futures markets how it is best to have machine trade intelligence on your side if you are going to trade crude oil.
My goal is to build the best oil trading room and alerts service in the world for traders, it is a large task, but the hardest part of our mission is done, we can trade with the best machines in the world now. The rest should be easier.
Any questions please send me a note via email [email protected].
Thank you.
Curt
Part 2 of this article here: “Excuse Me, While I Kiss The Sky”. Part 2 Insider’s Look at How We Daytrade Crude Oil (w/ real-time alert screen shots from oil trading room).
Part 3 of this article here: BOOOM! Price and Time Exactly as Predicted Days in Advance | Part 3 – How We Daytrade Crude Oil #OOTT $CL_F $USOIL $WTI $USO
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.
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Article Topics; oil, daytrading, oil trade alerts, oil trading room, crude oil, futures, trade, strategy
The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.
Yes, You Read That Right, This Crude Oil Signal Sees 153 Tick Day Trade Win in Crude Oil.
And the best part – it is a winning alert signal approximately 90% of the time. Back-tested and proven.
You can investigate the validity of my claim by studying our oil newsletter (algorithm model posts) – we make them public – they are unlocked historically).
On my last crude oil trading strategy report two days ago (October 28) I wrote;
“I wouldn’t be surprised at this point to see a bounce in price, however, the weekly wedge support now becomes resistance. If price breaches the previous support (now resistance) then trades should be ready for a retest of previous support before possible higher”.
Today there was an intra-day 153 tick move in trade of crude oil for a fantastic day trading set-up. The signals on the algorithm model were very clear.
Unfortunately for us I was in a business conference meeting and our tech (Jeremy) was on a conference with a broker programming one of the last Python API’s for the machine trading platform – we didn’t execute on the signal for a trade.
But that doesn’t mean we didn’t know the set-up was in play.
The oil trading algorithm report explains this very set-up in detail (members receive the report weekly) and the set-up was signaled to members in the oil trading room.
Rich (a long time member at Compound Trading) at 9:39 AM alerted the crude oil trade signal for the day-trade long in the oil trading room on Discord.
Below is a snap-shot (screen shot) of the chat in the oil chat room.
Here’s how the trade set-up was in play:
Crude oil sold off heavy in to open. It then sells off through the quadrant support on the oil algorithm but in to the main swing trading support range on the algorithm. Oil trade bottomed at 65.31 of FX USOIL WTI at 9:15 AM (white arrow on chart below).
On the 1 minute chart below at 10:46 AM trade pops (green arrow on chart) out of tight consolidation (after popping at support on the model) and runs to a high of day at 12:07 PM to 66.84.
Rich’s signal alert above in the oil chat room was for trade to hit 67.10 by Wednesday morning (at time of writing it is late Tuesday night and that target hasn’t hit yet but is very possible at the time he quoted possible for tomorrow morning).
Crude oil trade high of day was 66.84 at 12:07 PM near trend-line resistance on 1 minute oil chart for a 153 tick gain – what a daytrade!
Above were two conventional one minute oil charts to show you what happened on the day. Below are screen shots of the oil algorithm and how clear the signals were for the trade.
Crude oil trade touches main swing trading support on EPIC Crude Oil Trading Algorithm and bounces (gray thick horizontal line on the chart and yellow arrow).
The next day-trading signal and further confirmation for a long position on the day was the 10:30 AM 30 minute candle when trade bounced perfect off the machine trading support line (yellow diagonal line on chart and green arrow).
Then the signal to close the long crude oil day-trade was much clearer and precise – it was when the price of crude oil hit the key intra-day resistance on the EPIC Crude Oil Algorithm charting highlighted with a red arrow on the chart below.
As in the previous report I continue in this bias, “until there is a bounce, retrace and confirmed reversal the bias is short at resistance. The opposite will be true when a reversal is confirmed”.
But nothing beats this best of class trade signal for crude oil traders (I repeat from my previous post);
“Bottom line, the EPIC Crude Oil Algorithm continues to reward those that take long positions at support (channel support and quad support) and short at resistance areas of the algorithmic trading model. This will be my focus and I know the machine trading tech(s) will be focused primarily to those areas of trade also”.
Our oil algorithm is now near two years old and has proven time and time again that it provides the most predictable oil trading signals I have been able to find on the market, and this specific signal (outlined in this article) is the most predictable best crude oil signal of them all.
Where can you find a trading set-up that executes for a win at 150+ ticks intra-day in crude oil trade with a probability of approximately 90%? Test it and tell me I’m wrong.
One trade a month pays 1500.00 per month at 1 oil futures contract size.
Follow this link for a detailed description of my longer term crude oil trading strategy review at this post.
Increase Your Crude Oil Trading With These Tools.
- There is a link below to our oil trading academy page that has a number of links to articles on our site,.
- You can book private online trade coaching via Skype.
- Join our live trading room.
- Sign on to our oil trading alert feed subscription, (alerts are on a private member Twitter feed).
- Sign on to our weekly algorithm reporting that provides the algorithm model, conventional charting, guidance for the week etc.
- Attend a trading boot camp (in person or online).
- Request via email the videos of our most recent trading boot camp or the master class series videos (both sets are approximately 20 hours each). They are available only by email request at this time by emailing [email protected]. Soon they will be posted to our shop on website.
Thanks
Curt
Any questions let me know!
Further Reading to Help You Trade Oil:
Find more posts like this one on our Oil Trading Academy Page – links to numerous oil trade strategy reports.
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Standalone Oil Algorithm Newsletter (member charting sent out weekly).
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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: Best, Crude, Oil, Day Trading, Signals, Strategy, USOIL, WTI, CL_F, USO
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