Tag Archives: $CL_F

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F) Chart and Algorithm Observations

November 25, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX $USOIL $WTI).

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process and about my oil algorithm story.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will be given step by step training in all the information I use and all the advanced charting I produce on an intra-day basis.

FX: $USOIL $WTI Observations

At time of writing FX $USOIL $WTI is trading at 47.40 (1227 AM ET Nov 25, 2016). Some thoughts that may help advance you trading edge;

Crude algo intra work sheet 1224 AM ET Nov 25, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Crude has been trading in eradic ways the last few weeks. Normally we can lock in the alpha algo targets and algo trendlines with little difficulty – but the last two weeks have not been easy and continue to be difficult. The geo political sphere is obviously affecting the natural trading range. SO IT IS IMPORTANT TO CONSIDER THE GEO POLITICAL SITUATION when triggering trades based on our algorithm targets – CAUTION is warranted.

In intra-trade crude (referring to chart above) has fallen below two intra diagonal trendlines (blue) and bounced off the third. The three alpha algo targets are represented in the chart in red circles for tomorrow. Other targets for next week have now been published to my Twitter feed https://twitter.com/EPICtheAlgo.

So the primary observation in this post is more geo political – use caution. Nonetheless, below is some detail.

Indicators

As I explained above, my algorithm is a mash-up of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This “mash-up” is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.

However, for now, here are some indicators that stand out:

1. 200 day on 1 hour relationship. Crude algo intra work sheet 104 AM ET Nov 25, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

200 day on 1 hour relationship. Crude algo intra work sheet 104 AM ET Nov 25, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

This is obviously a great BUY TRIGGER.

2. Crude is most recently beginning to respond to algo line and algo targets. Crude algo intra work sheet 110 AM ET Nov 25, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Recently responding to algo line and algo targets. Crude algo intra work sheet 110 AM ET Nov 25, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

So being that crude has more recently (because for a time there when oil meetings were in the air so to speak it didn’t) this is good. It is also responding to simple lines (simple diagonal trend-lines and horizontal support lines). This makes trading much more predictable. Visit us in our trading room for more information on how to trade these charts or subscribe to my daily posts if you cannot be in front of a monitor all day.

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

We cover this in much more detail in the trading room and we will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Here are the most recent alpha algo targets published to Twitter:

Conclusion

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room!

EPIC the Oil Algo

Article Topics: Trading, Stocks, Wall Street, Chat Room, Algorithm, Charts, Indicators, Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F) Chart and Algorithm Observations

November 15, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (many – up to fifty at any given time) and simple math calculations relating to price, volume, Fibonacci, simple pivots and other factors. I do not yet have AI or Geo integration – only math. Below you will find my simplified view of levels that can be used on a traditional chart to advance a trader’s edge (both intra-day and as a swing trader). My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review about my algorithm process and about my oil algorithm story. My charting and alpha algo targets / algo trenlines are free to the public until Dec 1, 2016 and after Dec 1, 2016 will only be made available to subscribers here. Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will have access to all the information I use and all the advanced charting I produce on an intra-day basis.

At time of writing FX $USOIL $WTI is trading at 45.33 (4:2 AM ET Nov 16, 2016). Some thoughts to advance you trading edge…

Crude algo intra work sheet 422 AM ET Nov 16, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Overview

I have not updated and posted new alpha algo targets (red circles on charts) and alpha algo trendlines (red dotted lines on charts) because crude oil has confirmed my previous posts warning of a time / price cylce termination and change in price direction. See my Twitter feed for posts on this subject.

My last two blog posts explained what to look for in this possible new crude oil uptrend in price – please review them.

In recent trading the uptrend has been confirmed by price pinching out from between the two alpha algo lines,  breaching the 200 day on the 1 hour and significant diagonal trend line resistance (blue lines) and horizontal resistance (purple lines).Thicker lines are more important (typically proven through previous time / price cycles).

AT TIME OF WRITING HOWEVER, PRICE HAS COME BACK UNDER THE IMPORTANT TRENDLINE SUPPORT – WATCH THIS CLOSELY (see chart above).

So there are TWO STEPS now for ABSOLUTE CONFIRMATION for my algorithm to produce new alpha targets (which is my best contribution to a trader’s edge)… they are 1) regaining that trendline support and 2) the test of time and price at Tuesday 4:30 PM (done), Wednesday 10:30 AM and Friday 1:00 PM EST.

Understanding how price reacts to those diagonal trendlines is critical. Please refer to my last two oil trading blog post explaining how these diagonal trendlines affect the trading price of crude oil. Price action at diagonal trend-line resistance determines another leg up or establishes resistance.

Pivots and Fibonacci

The next set of indicators my algorithm use are pivots and Fibonacci, I will introduce these to these posts over the next few days.

Alpha Algo Targets, Algo Trend-lines, Algo Timing

Algo targets are the red circles – they correspond (at these pictured) with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil. We will cover this in much more detail in the trading room and we will endeavor to start posting video blogs on You Tube etc soon for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion

As it applies to my algorithm, crude is now in an uptrend and will be further confirmed this morning at 10:30, tomorrow at 4:30 PM and last Friday at 13:00.

You can expect new alpha algo targets for those times and alpha algo trendlines at latest Friday from my algorithm.

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

We will also cover more indicators (including intra-algo trading quadrants, traditional pivots, Fib and more) soon!

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room!

EPIC the Oil Algo

Article Topics: Trading, Stocks, Wall Street, Chat Room, Algorithm, Charts, Indicators, Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

November 15, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (many – up to fifty at any given time) and simple math calculations relating to price, volume, Fibonacci, simple pivots and other factors. I do not yet have AI or Geo integration – only math. Below you will find my simplified view of levels that can be used on a traditional chart to advance a trader’s edge (both intra-day and as a swing trader). My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review about my algorithm process and about my algorithm story. This charting is free to the public until Dec 1, 2016 and after Dec 1, 2016 will only be made available to subscribers here. Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will have access to all the information I use and all the advanced charting I produce on an intra-day basis.

At time of writing FX $USOIL $WTI is trading at 44.78 (7:09 AM ET Nov 15, 2016). Some thoughts…

Overview

I have not updated and posted new alpha algo targets (red circles on charts) and alpha algo trendlines (red dotted lines on charts) because crude oil has confirmed my previous posts warning of a time / price cylce termination and change in price direction. See my Twitter feed for posts on this subject.

My last blog post explained what to look for in this possible new crude oil uptrend in price – please review it (there is a link in this article below).

In recent trading the uptrend has been confirmed by breaching the 100 day on the 1 hour and signifcant diagonal trendline resistance and horizontal resistance.

The only step left in ABSOLUTE CONFIRMATION for my algorithm is the test of time and price at Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM (all eastern).

Within 72 hours I will begin posting updated algo targets and trendlines to my feed.

Diagonal Trend Lines (Blue) – Price

Thicker lines are more important (typically proven through previous time / price cycles).

There is a diagonal trendline at 45.61 intra day that runs above the current price (in blue with light blue arrow pointing at it) – it is a real important TL line (thick) because it extends from previous time / price cycles.

Overhead resistance. Diagonal Trendline (blue). Crude algo intra work sheet 657 AM ET Nov 15, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Why is this important? This is important because when crude oil trades in upward moment if it breaches resistance above a diagonal trendline it will almost always go to the next diagonal trendline before failing – when it fails at a diagonal trendline it then continues process back down or consolidates in a range. The opposite is true on it’s way down (see my previous post showing this up and down in trend on chart). THIS IS VERY IMPORTANT.

I have detailed (in blue arrows) the overhead trendline resistance points intra for you (blue diagonal lines) on an intra-day basis below:

Overhead Trendline Resistance (blue arrows). Crude algo intra work sheet 718 AM ET Nov 15, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Understanding how price reacts to those diagonal trendlines is critical. Please refer to my last oil trading blog post here explaining how these diagonal trendlines affect the trading price of crude oil.

You also have a diagonal trendline below intra-day at 42.70.

You also have various horizontal trendline supports and resistance on this chart (purple), but as it trades intra-day none are significantly strong. The thicker they are the stronger they are (extend back to previous time price cycles)

Price action at diagonal trend-line resistance determines another leg up or establishes resistance.

Pivots and Fibonacci

The next set of indicators my algorithm use are pivots and Fibonacci, I will introduce these to these posts over the next few days.

Alpha Algo Targets, Algo Trend-lines, Algo Timing

Algo targets are the red circles – they correspond (at these pictured) with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil. We will cover this in much more detail in the trading room and we will endeavor to start posting video blogs on You Tube etc soon for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion

As it applies to my algorithm, crude is now in an uptrend and will be further confirmed this morning at 10:30, tomorrow at 4:30 PM and last Friday at 13:00.

You can expect new alpha algo targets for those times and alpha algo trendlines over the next 72 hours from my algorithm

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

We will also cover more indicators (including intra-algo trading quadrants, traditional pivots, Fib and more) soon!

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room!

EPIC the Oil Algo

Article Topics: Trading, Stocks, Wall Street, Chat Room, Algorithm, Charts, Indicators, Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F