Crude Oil Trade Report Sept 29, 2019.
Trade Strategies for Crude Oil (CL) Day Trading, Trend and Swing Trading. Intra-Day, Daily, Weekly, Monthly Time-Frames.
The CL trade strategies that include alerts, charts, algorithm models, signals, price targets and guidance included below are suitable for actionable mechanically executed trading and are also the models our coding team reference for our crude oil machine learning trade development.
You will find below a well developed, time-tested proven rules based system for crude oil trading that is one of the best available. You have to use all the models together as a structured system of trade for it to work to your best advantage.
With each chart model we may include “best-use” trade strategy notes and/or “rules-based trade indications” for your consideration. The oil trading room is your best resource for real-time learning.
For perspective, review historical reporting on our blog and the various videos we have published to the Compound Trading YouTube channel.
Much of the structured model discipline developed in our system is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street.
Our “How to Trade Crude Oil” Recommendations.
Crude oil price moves within structured areas (ranges) of trade represented on charting on various time frames (different time cycles of trade).
The structure oil price moves within (the range of price) can be one minute charting (and more recently some machine trade is as low as 15 second time-frame) timing through to monthly charting.
Time-frame set-ups / strategies below are charted as conventional chart set-ups and/ or algorithmic chart set-ups (structures).
Understanding and having each chart time-frame at your immediate access (both conventional and algorithmic) will increase the probability of profitable trading.
You will find in reviewing the raw recorded video feed or in attending the live oil trading room that in the morning a lead trader will often review on mic the various levels of support and resistance on various oil trade time-frames on the charting to establish my most probable areas of trade for my strategy of trade. The lead trader will also check with all the chart time-frames prior to entering a daytrade at various times through the day.
Our use of this proven crude oil trading system (and obviously the use of our V3 machine learning software executing to this system) has provided an oil trade win-rate above 90% and currently we are returning over 148% ROI per year (win rate and ROI vary depending on time frame and version of software).
When multiple time-frames agree to support or resistance areas on the charting this becomes your highest probability area of trade execution, we have found this to be one of the best oil trading strategies.
Sizing trades appropriate to your trading account, probability of support or resistance (multiple oil chart time-frames in agreement) and time frame for each set-up is 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. More recently the 60 minute time-frame (view simple algorithmic model below) is being used by our staff as it provides a wider view of the current structure of oil trade.
Trade positions 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.
Below is a recent video from a webinar we recorded in our Oil Trading Room, “How to Use Our Oil Trading Services. Oil Trade Alerts, Oil Trading Room, Oil Reports, Trade Coaching” and for more specific trading strategies there are more specific video links below.
The recently released white paper about EPIC v3 performance explains also its method of execution of trades, see the report here;
White Paper: How EPIC v3 Crude Oil Machine Trading Outperforms Conventional Trading Methods
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.
Be sure to check the time-stamp of each chart below as the preparation of charts and/or models can take days prior to publication and distribution of this report.
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 report credentials for unlocking reports for 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.
This (the EPIC 30 Minute Oil Algorithm Chart Model) is our most proven oil trading structure / strategy.
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 daily, weekly and monthly charting should be considered when sizing your trades.
30 Minute EPIC Algorithm Crude Oil Trade Charting Model.
EPIC 30 Min Crude Oil Trading Algorithm 911 PM Sept 29 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
EPIC 30 Min Crude Oil Trading Algorithm 911 PM Sept 29 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
Per recent;
EPIC 30 Min Crude Oil Trading Algorithm 810 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
EPIC 30 Min Crude Oil Trading Algorithm 810 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
15 Second Oil Day Trade Chart Model – Concept Model in Testing.
The 15 second chart model below has Fibonacci structures, horizontal and diagonal as well as the cloud and a chart bot for buy and sell signals.
This model allows for the discipline of symmetrical price extension moves to be measured easily as the chart has grid type features.
All levels are in test phase so use the model with care.
You can shut off the cloud and/or chart bot if either distract you.
This model is likely to change many times before we are done.
15 Second Crude Oil Trading Chart Model (day trading) Sept 29 1047 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Second Crude Oil Trading Chart Model (day trading) Sept 29 1047 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
One Minute Oil Day-Trading Time-Frame Chart Model. Ideal for Intra-day Crude Oil Trade.
How to trade oil on one minute charting time-frame “best use” rules-based trading:
The one minute oil chart time-frame is one of the best for day-trading crude oil.
The one minute oil trading chart time-frame model provides for pinpoint trade entry, sizing and exit points for day-trading 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.
In a non squeeze scenario the one minute chart is best used as a grid tool for measuring day trade extensions in price. Refer to lead trader, trading room videos, reports, Discord server previous trading days, trade coaching for how to trade intra-day with one minute oil trading model using price extensions on the grid to your advantage. This is a considerable edge if you learn how to utilize this method.
Diagonal channel / trend lines may or may not be included with this chart, if so, they are recent trend lines of importance for day-trading levels also.
Again, be sure to reference other oil chart time-frames to ensure your highest probability of trade success (when two or more time-frames agree your success in trade – probability of winning, will go up significantly).
One Min Crude Oil Trading Model (day trading grid) Sept 29 927 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
One Min Crude Oil Trading Model (day trading grid) Sept 29 927 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
One Minute Crude Oil Trading Model (day trading) Sept 2 842 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
One Min Crude Oil Trading Model (day trading) Sept 2 842 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Minute Charting.
Also used for day-trading crude oil, the five minute chart time-frame is a key area of trade (signal) for oil day traders.
The five minute oil trading strategy chart below includes a form of an Elliot impulse 5 wave component for when oil is predictably trading intra-day on this time frame. The diagonal sloping up-trending green lines can be used as support and resistance decision areas.
Intra-day time cycle peaks can also easily be identified and important with trade execution timing and size considerations. The vertical lines are time cycle peaks / inflections. Depending on intra day trend you will find half-time to be also of importance and even quarter time.
Here also, on the 5 minute model symmetrical price extensions within the structure of the model are key to levels of support and resistance in each wave of price within intra-day trading structure.
5 Min Crude Oil Trading Time-Frame Chart Model 1028 PM Sept 29 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Min Crude Oil Trading Time-Frame Chart Model 1028 PM Sept 29 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Minute Crude Oil Trading Time-Frame Chart Model 849 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Min Crude Oil Trading Time-Frame Chart Model 849 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Charting.
The 15 minute trading time-frame helps oil traders see a larger picture than the 1 and 5 minute time-frames.
The algorithmic chart model below is an abstract model that has a number of indicators within its structure. It helps oil traders determine areas of inflection, time cycles, channels and various other trends within oil trade.
When you get to the 30 minute, 60 minute, daily, weekly and monthly chart models further down in this report you will find we return to more conventional chart structures for wider time-frame strategy perspective.
15 Minute Crude Oil Trading Time-Frame Chart Model 1245 M Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Crude Oil Trading Time-Frame Chart Model 1245 M Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
15 Minute Crude Oil Trading Time-Frame Chart Model 855 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Crude Oil Trading Time-Frame Chart Model 855 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Charting.
The thirty minute crude oil trading time-frame charting is critical for oil traders. The 30 min chart below is in addition to (complimentary to) the EPIC 30 Minute model above.
It is a noisy chart with many trend-lines (red, black are primary), price extensions (green arrows), time cycle inflections (blue dotted vertical), Fibonacci levels and more. It is more a “work-sheet” than it is a specific structured model. Because of this it becomes important for daytraders to reference regularly. We send updates to our subscribers on a regular basis, this allows for our clients to identify with short term trend channels and trends.
The key areas of support and resistance on the chart below are noted with thicker lines. The thicker the line in the chart the more important it is for your trading strategy and consideration for trade.
30 Minute Crude Oil Trading Time-Frame Chart Model 804 PM Sept 29 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Crude Oil Trading Time-Frame Chart Model 804 PM Sept 29 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
Per recent;
30 Minute Crude Oil Trading Time-Frame Chart Model 908 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Crude Oil Trading Time-Frame Chart Model 908 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
60 Minute Charting.
The 60 minute oil chart model below is a much cleaner and more simple model that references key support and resistance decisions for crude oil trade on the sixty minute time-frame.
The way to use this trading signal is for key areas of support and resistance on a weekly trend / reversal thinking strategy. Because the model is so clean and charts a larger structured time-frame, the levels indicated on the chart model should be considered heavily within trading strategies for the trader.
No oil day trader or swing trader should go with-out considering this chart before executing short term or mid term timing of trades.
The model includes time cycle peaks (vertical lines), quadrant support and resistance (diagonal Fibonacci trend-lines) and horizontal Fibonacci support and resistance.
60 Minute Crude Oil Chart Model 131 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
60 Minute Crude Oil Chart Model 131 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
60 Minute Crude Oil Chart Model 924 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
60 Minute Crude Oil Chart Model 924 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Charting.
The daily oil chart time-frame provides a larger structure to consider. The diagonal Fibonacci 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.
The most recent daily model is a busy chart with many trend-lines and such (first chart below) and then the simpler “Keep It Simple” Daily Chart is also included below. The more simple Keep It Simple Daily chart model is excellent for trade strategy perspective.
Daily Crude Oil Chart Model Swing Trade Range 139 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Crude Oil Chart Model Swing Trade Range 139 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Crude Oil Chart Model with Fibonacci Channels 143 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Crude Oil Chart Model with Fibonacci Channels 143 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Per recent;
Daily Crude Oil Chart Model with Fibonacci Channels 656 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Crude Oil Chart Model with Fibonacci Channels 656 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Daily Crude Oil Chart 156 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Daily Crude Oil Chart 156 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Per recent;
Keep it Simple Daily Crude Oil Chart 858 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Daily Crude Oil Chart 858 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
Weekly Charting.
The weekly charting below should be used for perspective and/or or swing trading crude oil.
Keep it Simple Weekly Crude Oil Chart 201 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Weekly Crude Oil Chart 201 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Per recent;
Keep it Simple Weekly Crude Oil Chart 707 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Weekly Crude Oil Chart 707 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Monthly Charting.
The monthly oil charting below is similar to the weekly charting in that it provides a simple perspective for primary support and resistance in crude oil trade for your strategy. You will find that oil is currently trading mid-range within its current structure, caution is warranted at mid range. The 200 day moving average is well above so if opportunity to trade long at the chart support occurs this would be a sound strategy for oil traders within this current set-up.
Keep it Simple Monthly Crude Oil Chart 206 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Monthly Crude Oil Chart 206 AM Sept 30 FX USOIL WTI $USO $CL_F #Crude #Oil
Per recent;
Keep it Simple Monthly Crude Oil Chart 709 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Monthly Crude Oil Chart 709 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Crude Oil Trading Room, Profit and Loss, Trade Alerts, Special Reports, Trading Strategies and More.
Recently we have written a number of oil trading strategy articles to assist our subscribers with how to trade crude oil and win. You will find in the articles below at the “Crude Oil Trading Academy” link videos from the live oil trading room, profit and loss of our trading, various trade alert examples and more.
If you are serious about learning how to trade oil you will find that the report you are reading, along with the various articles below and review of the live trading room (specific to around the times of trade) that your oil trading returns and win rate will increase significantly.
If you are not progressing in such a way that your win rate is going up and your returns are steadily increasing you may want to consider some short term trade coaching. Even the best traders in the world have trade coaches for times they are struggling.
Anything else we can do to assist you in your trading journey please email us at [email protected].
Thank you.
Curt
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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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, Trading Room, Futures, Strategy, Signals, Alerts, USOIL, WTI, CL_F, USO
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Crude Oil Trade Report Sept 2, 2019.
Trade Strategies for Crude Oil (CL) Day Trading, Trend and Swing Trading. Intra-Day, Daily, Weekly, Monthly Time-Frames.
The CL trade strategies that include alerts, 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 learning trade development.
You will find below a well developed, time-tested proven rules based system for crude oil trading that is one of the best available. You have to use all the models together as a structured system of trade for it to work to your best advantage.
With each chart model we may include “best-use” trade strategy notes and/or “rules-based trade indications” for your consideration.
For perspective, review historical reporting on our blog and the various videos we have published to the Compound Trading YouTube channel.
Much of the structured model discipline developed in our system is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street.
Our “How to Trade Crude Oil” Recommendations.
Crude oil price moves within structured areas (ranges) of trade represented on charting on various time frames (different time cycles of trade).
The structure oil price moves within (the range of price) can be one minute charting (and more recently some machine trade is as low as 15 second time-frame) timing through to monthly charting.
Time-frame set-ups / strategies below are charted as conventional chart set-ups and/ or algorithmic chart set-ups (structures).
Understanding and having each chart time-frame at your immediate access (both conventional and algorithmic) will increase the probability of profitable trading.
You will find in reviewing the raw recorded video feed or in attending the live oil trading room that in the morning I will often review on mic the various levels of support and resistance on various oil trade time-frames on the charting to establish my most probable areas of trade for my strategy of trade. I will also check with all the chart time-frames prior to entering a daytrade at various times through the day.
Our use of this proven crude oil trading system (and obviously the use of our V3 machine learning software executing to this system) has provided an oil trade win – rate well above 90% and currently we are returning over 80% ROI per year.
When multiple time-frames agree to support or resistance areas on the charting this becomes your highest probability area of trade execution, we have found this to be one of the best oil trading strategies.
Sizing trades appropriate to your trading account, probability of support or resistance (multiple oil chart time-frames in agreement) and time frame for each set-up is 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. More recently the 60 minute time-frame (view simple algorithmic model below) is being used by our staff as it provides a wider view of the current structure of oil trade.
Trade positions 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.
Below is a recent video from a webinar we recorded in our Oil Trading Room, “How to Use Our Oil Trading Services. Oil Trade Alerts, Oil Trading Room, Oil Reports, Trade Coaching” and for more specific trading strategies there are more specific video links below.
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.
Be sure to check the time-stamp of each chart below as the preparation of charts and/or models can take days prior to publication and distribution of this report.
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.
This (the EPIC 30 Minute Oil Algorithm Chart Model) is our most proven oil trading strategy.
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 daily, weekly and monthly charting should be considered when sizing your trades.
30 Minute EPIC Algorithm Crude Oil Trade Charting Model.
EPIC 30 Min Crude Oil Trading Algorithm 810 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
EPIC 30 Min Crude Oil Trading Algorithm 810 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm
One Minute Oil Day-Trading Time-Frame Chart Model. Ideal for Intra-day Crude Oil Trade.
How to trade oil on one minute charting time-frame “best use” “rules-based” trading:
The one minute oil chart time-frame is one of the best for day-trading crude oil.
The one minute oil trading chart time-frame model provides for pinpoint trade entry, sizing and exit points for day-trading 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.
Diagonal channel / trend lines may or may not be included with this chart, if so, they are recent trend lines of importance for day-trading levels also.
Again, be sure to reference other oil chart time-frames to ensure your highest probability of trade success (when two or more time-frames agree your success in trade – probability of winning, will go up significantly).
One Minute Crude Oil Trading Model (day trading) Sept 2 842 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
One Min Crude Oil Trading Model (day trading) Sept 2 842 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Minute Charting.
Also used for day-trading crude oil, the five minute chart time-frame is a key area of trade (signal) for oil day traders.
The five minute oil trading strategy chart below includes a form of an Elliot impulse 5 wave component for when oil is predictably trading intra-day on this time frame. The diagonal sloping up-trending green lines can be used as support and resistance decision areas.
Intra-day time cycle peaks can also easily be identified and important with trade execution timing and size considerations. The vertical lines are time cycle peaks / inflections. Depending on intra day trend you will find half-time to be also of importance and even quarter time.
5 Minute Crude Oil Trading Time-Frame Chart Model 849 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
5 Min Crude Oil Trading Time-Frame Chart Model 849 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Charting.
The 15 minute trading time-frame helps oil traders see a larger picture than the 1 and 5 minute time-frames.
The algorithmic chart model below is an abstract model that has a number of indicators within its structure. It helps oil traders determine areas of inflection, time cycles, channels and various other trends within oil trade.
When you get to the 30 minute, 60 minute, daily, weekly and monthly chart models further down in this report you will find we return to more conventional chart structures for wider time-frame strategy perspective.
15 Minute Crude Oil Trading Time-Frame Chart Model 855 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
15 Minute Crude Oil Trading Time-Frame Chart Model 855 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Charting.
The thirty minute crude oil trading time-frame charting is critical for oil traders. The 30 min chart below is in addition to (complimentary to) the EPIC 30 Minute model above.
It is a noisy chart with many trend-lines, time cycle inflections, Fibonacci levels and more. It is more a “work-sheet” than it is a specific structured model. Because of this it becomes important for daytraders to reference regularly. We send updates to our subscribers on a regular basis, this allows for our clients to identify with short term trend channels and trends.
The key areas of support and resistance on the chart below are noted with thicker lines. The thicker the line in the chart the more important it is for your trading strategy and consideration for trade.
30 Minute Crude Oil Trading Time-Frame Chart Model 908 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
30 Minute Crude Oil Trading Time-Frame Chart Model 908 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies
60 Minute Charting.
The 60 minute oil chart model below is a much cleaner and more simple model that references key support and resistance decisions for crude oil trade on the sixty minute time-frame.
The way to use this trading signal is for key areas of support and resistance on a weekly trend / reversal thinking strategy. Because the model is so clean and charts a larger structured time-frame, the levels indicated on the chart model should be considered heavily within trading strategies for the trader.
No oil day trader or swing trader should go with-out considering this chart before executing short term or mid term timing of trades.
The model includes time cycle peaks (vertical lines), quadrant support and resistance (diagonal Fibonacci trend-lines) and horizontal Fibonacci support and resistance.
60 Minute Crude Oil Chart Model 924 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
60 Minute Crude Oil Chart Model 924 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Charting.
The daily oil chart time-frame provides a larger structure to consider. The diagonal Fibonacci 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.
The most recent daily model is a busy chart with many trend-lines and such (first chart below) and then the simpler “Keep It Simple” Daily Chart is also included below. The more simple Keep It Simple Daily chart model is excellent for trade strategy perspective.
Daily Crude Oil Chart Model with Fibonacci Channels 656 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Daily Crude Oil Chart Model with Fibonacci Channels 656 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Daily Crude Oil Chart 858 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Daily Crude Oil Chart 858 PM Sept 1 FX USOIL WTI $USO $CL_F #Crude #Oil
Weekly Charting.
The weekly charting below should be used for perspective and/or or swing trading crude oil.
You will notice oil is currently trading / trending in a down channel but is currently supported by the 200 day moving average and the stochastic RSI indicator is turned up. A possible trend reversal is in play here now, watch the MACD closely – it is currently “flat”.
Keep it Simple Weekly Crude Oil Chart 707 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Weekly Crude Oil Chart 707 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Monthly Charting.
The monthly oil charting below is similar to the weekly charting in that it provides a simple perspective for primary support and resistance in crude oil trade for your strategy. You will find that oil is currently trading mid-range within its current structure, caution is warranted at mid range. The 200 day moving average is well above so if opportunity to trade long at the chart support occurs this would be a sound strategy for oil traders within this current set-up.
Keep it Simple Monthly Crude Oil Chart 709 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Keep it Simple Monthly Crude Oil Chart 709 AM Sept 2 FX USOIL WTI $USO $CL_F #Crude #Oil
Crude Oil Trading Room, Profit and Loss, Trade Alerts, Special Reports, Trading Strategies and More.
Recently we have written a number of oil trading strategy articles to assist our subscribers with how to trade crude oil and win. You will find in the articles below at the “Crude Oil Trading Academy” link videos from the live oil trading room, profit and loss of our trading, various trade alert examples and more.
If you are serious about learning how to trade oil you will find that the report you are reading, along with the various articles below and review of the live trading room (specific to around the times of trade) that your oil trading returns and win rate will increase significantly.
If you are not progressing in such a way that your win rate is going up and your returns are steadily increasing you may want to consider some short term trade coaching. Even the best traders in the world have trade coaches for times they are struggling.
Anything else we can do to assist you in your trading journey please email us at [email protected].
Thank you.
Curt
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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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, Trading Room, Futures, Strategy, Signals, Alerts, USOIL, WTI, CL_F, USO
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Wednesday July 10 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.
Good morning, I am writing this in premarket on Thursday, I’m doing July 10 trade results now and if time I will do July 9 (July 9 was only oil trades, all wins), but July 10 was more involved so I’m doing it first to be our traders are up to date.
Caution, there is quite an angry rant below about me not being surprised most people fail trading.
Wednesday was #EIA day for oil traders and Fed testimony day. I took a 1/3 off my $AMD long swing (going great), closed the final 25% of my Bitcoin $BTC short (final execution was not near as good as the first 75% of the trade), nailed a crude oil long trade along with our software machine trade (which is doing great).
Per recent note below in italics, reports are coming we were in it all last night and they will start going out this evening, we want all our new entries to be in place for all swing trades between today and Tuesday for this important time cycle.
Don’t go to sleep, we have a flurry of equity, commodity and indices trades coming very soon. It’s all about time cycles and the current reporting in process getting released.
Our focus #timecycles and how they fit with #Powell #Trump war plan. It's been clear since day one, only question is timing along the way. Report blast of the century in the works. Biggest opportunity in trading history next 5 years. $SPY $VIX $DXY $CL_F $SLV $GLD $BTC #premarket
— Curtis Melonopoly (@curtmelonopoly) July 10, 2019
Per above our machine software nailed an oil trade continuing its march to considerable gains if its trajectory continues since most recent version launched. For more information on the machine trading platform contact Rich at Sovoron direct www.sovoron.com.
Profit & Loss: Daily +$136 YTD+$4,643 Projected $80,694 or 81% Oil Machine Trade 100k Account. #OOTT #Oil #MachineTrading $CL_F $USOIL $WTI $USO
Profit & Loss: Daily +$136 YTD+$4,643 Projected $80,694 or 81% Oil Machine Trade 100k Account. #OOTT #Oil #MachineTrading $CL_F $USOIL $WTI $USO pic.twitter.com/DuWKl8fgDf
— Curtis Melonopoly (@curtmelonopoly) July 10, 2019
New version of software 1 red day 0.2% draw down since launched over 2 weeks ago. Current rate of return (annual ROI compound) 82% but we know when #AI gets in to its groove 150% will be the mark. Verifiable P&Ls. #OOTT #machinetrade #oilalerts $CL_F $USO $USOIL $WTI
New version of software 1 red day 0.2% draw down since launched over 2 weeks ago. Current rate of return (annual ROI compound) 82% but we know when #AI gets in to its groove 150% will be the mark. Verifiable P&Ls. #OOTT #machinetrade #oilalerts $CL_F $USO $USOIL $WTI pic.twitter.com/bMP3Ods5TU
— Curtis Melonopoly (@curtmelonopoly) July 8, 2019
Top performing funds of 2018:
1. Odey European
Performance in 2018: 53%
Strategy: Macro
Top Performing Hedge Funds of 2018 https://t.co/INqmmzBTLn via @investopedia
— Curtis Melonopoly (@curtmelonopoly) July 10, 2019
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 Trades / Alerts.
Below is a screen shot of the trade alert short side snipe technical trade 60.17 to 60.10. The earlier trade in futures is the one below this image.
Next trade alert was the short oil 60.17 to 60.10 for a snipe. #crudeoil #tradingalert
Image capture of oil trade chat room with crude oil chart that shows the short #oiltradingroom #alert
Below, a screen capture from oil trading alert feed on Twitter, the first trade (early futures) both I and machine software traded long for a win. Entries from 58.40s & .50s and we closed the trade 58.72 area and alerted it.
Crude oil trade alert for members, lead trade long in early futures with machine trade software also #oitradealerts
Bitcoin Trades.
Note: We continue to alert Bitcoin on the swing alert feed for now (and by email), this will change soon however when our new Bitcoin trading chat Discord server opens and the new Bitcoin alert feed on Twitter is available to members.
I did get stopped out on the final 25% of this BTC trade when I was out in the evening at meetings Wed night, the first 75% was great and the last not so good. My BTC trading will get very regular in to next week as we’re launching our coding of the BTC algorithm now that we’re done the Oil trading algorithm. We have big plans for this area of trade / machine trading, alerts etc. The returns in our Bitcoin trading will be the largest returns we achieve, easily hands down. More on that very soon.
BITCOIN (BTC) if it breaks upside 12250 and holds I may have to close last 25% of short, watching close $XBTUSD $XBT_F $BTC #Bitcoin
Swing Trades.
Note: 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).
As mentioned above, I closed 1/3 of my AMD swing trade. This trade is an excellent example of the power behind algorithm models. We took the entry at the support of the channel (marked with arrow on chart in screen shot below of trade alert). The point is, there was no channel there as conventional charting would see it. That channel support is part of the model. Conventional charting provides a channel on the chart after the fact. If you look at any of the experts that were trading this (and I won’t mention names), they were talking up their AMD trade with entries long after ours, because they couldn’t see what we could see.
This is a critical lesson that 99% will over-look. It not only provide better returns for your swing trades, but more confidence in your trades and precise areas to exit.
Our new swing trade report due out soon has many of these excellent set ups. And our members can access many models from the 3 years we have been building models in equity markets, it is a significant advantage and the primary reason we post incredible swing trade returns (see our profit and loss master document).
Our swing trade returns (alerted) are top of class, you can’t get better, you just have to stop for more than a minute and look at the P&Ls and the alert feed. It’s quality over quantity, not casino mind trading. If you’re sensing emotion to this there is, check the alerts and try and find better. Those returns beat the best hedge fund returns in the world. Time stamped, alerted live, recorded in live trading room – the evidence is there and couldn’t be more clearly laid out, for near 3 years! The only thing I could do more is serve it McDonalds style with a nice cover image, drive thru style 2 min videos so that most would eat the sh*t that the market serves out, oh and put two lines on the chart. World class swing trading, best you can get. We know how many people open the charts, watch the videos, do their homework, its no wonder the majority fail. Totally disappointing.
And now we’re developing machine trade for oil that will (if I get my way) beat the best funds in the world with-out trying (in fact we’re targeting 3 x their best results and currently on track for 2 x) and soon Bitcoin machine trades. I mean really. Jeez. Do your homework and stop telling me everything is against you when I talk to you on DM or whatever. It’s your fault it ain’t the markets fault. VERY FEW do what it takes. All the videos are there, raw trading room feeds yes, that is what you need. You can look at the time stamp on the alerts and go to the raw trading room feed and hear everything I was thinking about the trade set-up and more.
THIS IS WHAT A TRADER NEEDS, YOU DON’T NEED DRIVE THRU CASINO MIND SH*T 2 MIN VIDEOS. THIS IS WHY YOU DON’T WIN.
THIS IS WHY THE MAJORITY OF TRADERS LOSE.
Closing 33% long $AMD 33.55 in to mid quad resistance hold 66% swing trade #tradealerts #swingtrading
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
The video below at time of posting is still uploading at YouTube so it may not be available yet when you try.
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
Recent Swing Trading and Day Trading Reports (all charts can be brought down to Day Trading time frame):
Master Trading Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):
Recent Daily Trading Profit & Loss Reports:
Trading Profit & Loss Report (Trades, Alerts) for July 8 $AMD, $BTC, $XBT_F, $CL_F, $USO
Trading Profit & Loss Report (Trades, Alerts) for July 3 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Daily Trading Profit & Loss (Alerts) Report: July 2, 2019 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO
Recent Premarket Notes (for more about what we’re up to with our trading):
Company News:
SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release
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Article Topics: Profit and Loss, Trade Alerts, Trading, Day Trading, Swing Trading, Oil, Bitcoin, USO, CL_F, BTC, BTC.X, XBT_F, AMD