Fibonacci Archives - Compound Trading

Apr 2020

Part 2 of 2: Swing Trade $STUDY Review on ARCUS BIOSCIENCES (RCUS) Swing Trade Alert Trading Strategy.

“Down Trending Resistance Trend Line Break-out Swing Trade”.

Below there are so many secrets to our swing trading success, in this article we look at the following areas of trading discipline for your trading plan:

Determining bias according to market time-cycles,
How to scan for swing trading set-ups,
How to determine price extensions for realistic price targets,
Support and resistance diagonal trend-lines, horizontal trend-lines, Fibonacci levels,
How to manage execution of the swing trade set-up,
How to manage trading stops, trade sizing, ebb and flow trade executions at support and resistance.

Part 2 of this analysis (below) is a Premium Member Only article and Part 1 can be found here;

Swing Trade Alerts Review: Traders $STUDY Guide “Trading Down Trend-Line Break-Out” ARCUS BIOSCIENCES Set-Up (Unlocked – Part 1 of 2)

Determining Time Cycle Bias for Your Trades.

Recently I wrote a few articles on the topic of time cycles in the markets using the Volatility (VIX) structured time cycles, this is a great place to start when determining first your bias of being bullish or bearish. In other words, should you be more focused on swing trades to the long or short side?

You can find Part 1 of the two part article here: How to Swing Trade Volatility $VIX Time-Cycles (UNLOCKED PT 1): Achieve Higher Gains in Stocks, Commodities, Indices, Crypto, Currencies and Theme Trades.

If the trajectory of market volatility is down (compressed) and you are more confident that volatility will be lower as you approach the next time cycle inflection then in most cases you would be bullish equities – this of course is just one example.

Alternatively you would be bias to the down-side for trading volatility so you may short $TVIX in this instance.

There are many ways to take advantage of the time cycles with various swing trades from Indices, Currencies, Crypto, Sectors, Stocks and more.

Just because the volatility is expected to rise or fall doesn’t mean however this should be the only determining factor when choosing theme trade set-ups, below is an example of just that with the ARCUS stock trade.

First, lets look at how stock scanning works.

How to Scan For Stock Swing Trading Set-Ups.

Good stock technical analysis knows before the news hits more often than not what the likely trade on each stock will be.

Technical analysis knows before the news hits because the stock will start to provide “tells” within the trade action of the stock and various technical points become clear.

So if you can know the TA of a specific stock better than most you have an advantage over other traders at all times because you can usually be ahead of the main part of the move.

Anyone, even the best fundamental traders would do better if they were also experts at technical analysis.

If the technical structure of the chart is suggesting a bullish move for example, you can then start to take small entries and build a position in expectation of a move.

The technical “tells” develop when insiders know something about upcoming news or even as geopolitical narratives are changing.

And then as you start to see specific technical trade patterns set-up in more and more equities you will find that this is a manifestation of the expert traders all beginning to bias their trades toward a theme usually within a sector, whether it be for a technical reason or a geo-political reason or perhaps some other fundamental or market sentiment reason.

If you get in “the pocket” right, you will find many set-ups during a period of time that will be almost identical and will provide excellent returns one after another.

This is what happened with our trading of the technical set-up in RCUS, many others were very similar during this time period in the markets and our returns increased rapidly.

I keep it simple and use Trading View for my scans.

On any given day, usually sometime after lunch I will open Trading View and click on the fire emblem on top right side of screen – this is your hot-lists of hot stocks on the day (see screen shot of my Trading View below). You can set the scanner in Trading View for various levels and parameters. I scan the running stocks with large gains, the losers and the OTC markets.

I will open Trading View and click on the fire emblem on top right side of screen – this is hot stocks on day.

Then I simply open each chart (primarily scanning the hot stocks on the day) and I start with the weekly time-frame.

I’m looking for chart history or patterns of trade, chart memory or some semblance of chart history with some order. The simpler the chart patterns the better. Anyway, as you learn all the different set-ups this gets much easier and faster.

Every financial instrument I trade I make sure that it has a structure, some order is required or your trading edge is not increased.

When I find a chart set-up I like I open the chart and take a look at it on various time-frames and consider how to trade the stock, price targets and various support and resistance levels.

Then I look at things like incoming volume, company news, sector themes, geopolitical type things, look at insider buying or selling and various other research.

During the period of time we took the swing trade in ARCUS the trend-line resistance break-out trade was happening regularly and was providing excellent returns for 2 – 6x and even more in some cases wins.

When I Used the Scanner and Isolated the ARCUS Swing Trade Set-Up It Was Yet Another Trend-line Resistance Set-Up That Was Likely to Explode.

Below is the chart I found when scanning, it shows clearly the trend-line resistance set-up. The chart below is from one of the earlier swing trade alerts we sent out to members for this set-up. You can see the spike through the trend-line resistance (which occurred after the original alert).

You can clearly see the down-sloping trend-line in the chart on the alert.

This set-up was on high alert because this specific trade set-up was hitting one after another, if this was not the case I wouldn’t have been so keen on taking these trades.

you want to be where the wolf pack is

It is the theme that is important, you want to be where the wolf pack is, where all the other winning traders are. Just a winning set-up isn’t enough. Just a news event or a fundamental set up on its own is not the optimal scenario, you want to be where the flow is. This is critical.

This chart swing trade strategy (setup) late 2019 early 2020 was found on scans regularly for big trader wins #swingtradealerts

And then as the trade progressed (after alerting the swing trade sometime earlier) the structure of trade was clear and it was just a matter of trading risk in ebb and flow (see chart below).

It is important to note that we cannot alert every pull back and add and trim, it isn’t possible, what we do is get our members started in a swing trade and then endeavor to alert the key trades (especially key areas of resistance) as it progresses. Our trader’s platform (automation for alerts) will solve this manpower issue, but really every trader should be planning their sizing and support and resistance adds and trims for profit based on their own account risk, risk tolerance, style and more. If you are just blindly following another trader this will not work for you.

ARCUS BIO (RCUS) in bullish structure, decent action considering market this week, continuation for us $RCUS

Charting Price Extensions for Price Targets and Timing.

This can be more art than science and your price extensions and price targets may change as the price or timing of the stock price movements move along.

In the chart below you will see diagonal white arrows (3 of them). The angle is just a reflection of the down-slope (a mirror of the angle). The length of the price extension is simply a mirror of the down-slope trend from previous. So each of the 3 arrows trending up are equal in duration and price.

These are a simple way of taking a shot at the most probable price extensions.

One key note here is that often you will get 1.5 extensions or 3. Why I don’t know. If you look at the chart below that is how I determined my price target from 15.00 to 30.00 and in last weeks trade the price target was hit early.

You will also notice (in blue on chart) I drew in an Elliott Impulse Wave, but I do that more for fun to see if I can tell the exact future of the play, you can see in this instance I was close, but the bulls were more aggressive than I even thought they would be.

Swing trade chart with price extensions, price targets, timing, Fibonacci, support and resistance levels of trade.

Support and resistance diagonal trend-lines, horizontal trend-lines, Fibonacci levels.

In the chart above the diagonal trend-lines (charted in advance of trend-lines being there) are determined by taking the down trending price action of prior and extending the the tops of each lower high as the stock traded down in trend. the angle of the trend-lines was simply determined by historical trade.

The horizontal trend-lines (thin grey ones on the chart) were determined by simply drawing horizontal rays at the highs in the previous downtrend then duplicating to create a grid. These are not that important, I use them to see if there is a grid to be had. Why? Because I’m looking for order or structure.

And then the Fibonacci levels are simply done using your Fibonacci retracement drawing tool between the key support (or bottom of chart) and the price extension top. And then you copy and paste it up for each key leg in possible future trade. I always chart the low and high as horizontal key support and run them straight across horizontally on the chart as grey or green as these represent key areas of support and resistance.

How to Swing Trade It – manage execution of the swing trade set-up: Starter positioning, trading stops, trade sizing, ebb and flow trade executions at support and resistance.

Usually, when price breaks the trend-line resistance to the upside this is your trigger to be at least on watch for your initial entry.

You need to determine how many entries you are prepared to take. Hopefully it is more than one and preferably up to 10. Here is why;

When price breaks out upside the trend-line you want to be able to take at least a starter right away because most traders will wait until price returns to the previous resistance now support for the test of support and then go.

Some will even wait for it to bounce and get higher than the previous candle. All methods are fine but if you’re in it to win it then I would suggest taking 1/10 size at each of those three triggers I just explained.

Why? Because sometimes price doesn’t come back to you. The stronger the theme, the stronger the market, the stronger the stock set-up the less chance it’s coming back to you and then you’re chasing it.

Now if you’re in 3/10 size or 30% size and your trade breaks down, you’re down on your trade but if you are winning 80% or better you can lose 10% 2 out of 10 times and win 30% or more 8 out of 10 times.

In the ARCUS example price never came back.

I look at every trade like a chess board, the more dot plots or entries and trims of profit the better, this is how we’re coding the 200 equities to trade under the machine trading program and how we’re coding the trader’s digital platform so members of our swing trade alerts will be able to see this real time. Until then, there is myself and three staff managing the numerous trades in various equities along with coding, alerts, newsletter publications and various other duties – hence the reason for coding automation.

Now, in the ARCUS example above you would have taken your starter 10 – 20% in size and it didn’t come back, what it did is it hit the first key resistance and then came back.

AT THAT RESISTANCE you need to trim 50% of your profit and then add to the trade at key supports in bits until it bounces and then continue with taking profits along the way at each key resistance.

Managing your trade size is critical. If you’re only going to be a one hit wonder, taking one entry for the win then you need to learn how to bring your charting down to a daytrading time frame so that you can execute your position on a lower time-frame of charting like a 5, 15 or 30 minute chart. I have an article coming on this discipline but in the meantime if you need to know how I do this ask me for a coaching session and I’ll show you.

Setting your stops is based on many things and this is why I don’t like publishing alerts with stops. This is determined by your experience (newer traders have to take more cuts because they don’t know what a prime set up is) so newer traders have to use hard stops religiously, I don’t because I know I can dot plot my way out of any trade as long as the stock isn’t destroyed by some black swan event.

In a black swan (market wide) I don’t worry because I’m in structured strong set-ups 90% of the time. If it’s not a strong set-up I’ll usually alert that or if its risky etc.

newer traders have to use hard stops religiously, I don’t because I know I can dot plot my way out of any trade as long as the stock isn’t destroyed by some black swan event

All of our trades we are sizing adds at support and trimming at resistance areas. There are many things that determine this also, such as market time cycles, market sentiment, sector sentiment, perhaps the technical set up is no longer being run by the bulls and many other factors.

False break-outs happen so you need to be prepared to take a loss, but when you get better at being able to determine key set-ups for all the reasons above and more you won’t be as concerned about that.

Other considerations technically speaking;

Most traders will wait for the current chart candle to close beyond the down-sloping trend-line resistance so they have a confirmed break-out, but remember, sometimes this won’t happen and a really bullish stock will just leave you in the dust.

Most traders will take their initial long starter position in the trade when the stock price has retraced back near or at the original trend-line, but again, this does not always happen and you can get left behind.

Most traders will set their stop just beyond failure of the trend-line but this can cause a trader’s account balance to be dwindled due to death by a thousand cuts.

The secret here is to not be most traders.

In this game if you are like most you will have like most (at best) returns, around 15% a year if you are lucky.

The traders that consistently post returns of 3, 4, 5 x or more per year are using a strategy that most do not.

What is that?

How did Wayne Gretzky explain how he played hockey? He had a knack at knowing where the puck was going to be so he went there.

“Skate to where the puck is going, not where it has been.”

— Wayne Gretzky

“Skate to where the puck is going, not where it has been.”

— Wayne Gretzky

— Curtis Melonopoly (@curtmelonopoly) April 26, 2020

Same thing here.

Below is one of many of my rants on the subject, on my personal twitter feed;

Great question RE: Bitcoin $BTC trade bull or bear cycles within the next two global market time cycles. #timecycles #trading https://t.co/2CAQIOjvxL

— Curtis Melonopoly (@curtmelonopoly) April 25, 2020

If you get good at what I am describing above you will always know in advance (with high probability) when the price of the stock is going to move that you are trading, so manage the risk between where it is and where it is going like a chess board and you will see returns of 3, 4, 5 x or more per year.

Any questions email me anytime at [email protected].

Thanks

Curt

Current List of Available P&Ls (remaining dates are in progress now to be released soon):

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Swing Trading Bundle (Swing Trading Newsletter, Live Swing Trading Alerts, Study Guides).

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Swing Trading Study Guide Newsletters (After Trade In-Depth Reviews Including Set-Up Identification, Trading Plan, Sizing, Risk Management, ROI and more).

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Article Topics; swing trading, swing trade review, study, stocks, alerts, set-ups, patterns, break-outs, themes, support, resistance, trendlines, sizing, stops, risk, technical analysis, Fibonacci, price targets, price extensions, strategy.

Apr 2020

How to Swing Trade Volatility $VIX Time-Cycles (UNLOCKED PT 1): Achieve Higher Gains in Stocks, Commodities, Indices, Crypto, Currencies and Theme Trades.

Swing Newsletters, Swing Trading black swan events, Charting, Commodities, Crypto, Currencies, Fibonacci, indices, markets, metals, Stocks, Swing Trading, time cycles, Trading, VIX, Volatility Curt Melonopoly

PART 1: How to Swing Trade Volatility $VIX Time-Cycles and Achieve Much Higher Gains (ROI) in Equities, Commodities, Indices, Crypto and Theme Trades.

In my opinion, this is the single most important skill a trader can possess, charting and trading time-cycle inflections within the markets.

Below is Part 1 of my new $STUDY guide series for swing traders and daytraders alike.

I am asked all the time why my Swing Trading win percentage is high, most assume I am a mystic of some sort because I always write about or share on social media charting or comments relating to market time-cycles. Seriously, people message me all the time with these sorts of assertions or questions.

In the technical analysis work I do in time-cycles there is nothing mystic about it at all. I don’t sit on a tripod, I don’t meditate (at least in the way you might imagine), I don’t look to the stars or special numbers. I use structural mathematical chart modeling and more often than not geometric charting structures built on Fibonacci levels.

Every financial instrument has a natural trading structure, patterns or as some refer to it as chart memory.

In nature all entities have a natural order or structure, this is the premise of Fibonacci. Financial instruments are natural in that they are traded on public markets by humans – this makes the instruments natural in structure.

However, there are times where specific events such as world calamities occur like COVID-19 Black Swan Event, the Iraq war, the 911 terrorist attack etc.

During these times the trading structure of financial instruments is more often than not divergent – or trading outside of its natural structure.

Central bank intervention (QE) can also cause divergent trade within a stock, commodity, indices etc as can company news (referring to publicly traded stocks). The smaller the company the more opportunity for divergent trade outside of the natural structure. Here the trade instrument or market liquidity becomes important.

If then random events cause the natural trade action of a stock (or whatever) to not be normal this is usually accompanied by increased volatility. A great example of this is the recent COVID-19 Black Swan Event and how it affected various markets around the world.

A specific example can be seen in the trade action of crude oil futures, and more specifically the trade volatility of crude oil, which is called or traded as symbol $OVX . Oil volatility (OVX) was trading in the 20’s (where we were accumulating based on time cycle work) and when the Black Swan event hit the price of $OVX Oil Volatility hit 334.00s, an incredible win. This was all based on time cycle work.

Below is a chart showing the trade action of OVX (Oil Volatility) during the COVID-19 Black Swan Event.

Crude Oil Volatility Index (OVX) chart showing oil trade volatility spiking from the 20s to 330s during black swan event.

So if we know that specifically time cycle events (that normally come with increased volatility) occur within public markets then is it possible that knowing the structure of volatility (VIX) itself and related financial instruments such as oil volatility (OVX) can assist with a trader’s bias for trading various stocks, metals, currencies, crypto, indices and more?

The answer is yes. But it gets better.

Each instrument itself has its own natural order, or structure. The instrument structure say for example with Apple (AAPL) stock can then be charted on various time-frames from weekly, daily, hourly etc (we chart on thirteen time-frames). This provides a trader with the structure of timing for volatility and price trajectory on various time-frames, for investing, swing trading and daytrading.

And it even gets better (like the TV commercials haha) because when a trader understands how the volatility (VIX) and market time-cycles can line up and also with various themes (for example stock or sector themes) then things get really interesting for your ROI because now you have all structures of trade firing together in a symbiotic fashion. It becomes pure trading ecstasy.

This my friends is why our swing trading platform is so successful and why we structure our trade bias the way we do.

When the iron is hot we strike (time cycles) and when it cools we are taking profit and in deep $STUDY of the financial instrument structures and time cycles.

Another recent example is when the market bull seemed as though it would never stop, and four days before it stopped in a very volatile fashion we publicly announced that we were taking our profits and leaving our long positions behind, we cashed out. This, was done with time cycle work.

The tweet below explains (and shows the actual swing trade alerts) of some of our time cycle work,

I am explaining that I knew about the Black Swan event coming (called it Dec 19, 2019) and then on February 13, 2020 4 days before the market started to collapse we publicly announced we were taking our profits in the bull run home and closing longs.

And then even better yet, we sized in to shorting NIKE, WYNN and MASTERCARD for epic wins. This is where your profits are, in the time cycle inflections, everything else is $STUDY and positioning (managing size and getting your position and trajectory of trade right for the boom).

“Dec 19 call for pins to be pulled, last time cycle published, Feb 13 out of long positions 90% (publicly) then we hammered down short $NKE $WYNN $MA etc..

Why is this important?

For a victory lap? How bout truth.

#Timecycles, market instrument structure.

Natural law.”

Dec 19 call for pins to be pulled, last time cycle published, Feb 13 out of long positions 90% (publicly) then we hammered down short $NKE $WYNN $MA etc..

Why is this important?

For a victory lap? How bout truth.#Timecycles, market instrument structure.

Natural law.

🎯🏹🔥 pic.twitter.com/sV4NgPrcqs

— Curtis Melonopoly (@curtmelonopoly) April 5, 2020

So in part two of this article (it will be Premium member only) we will look specifically at Volatility (VIX) and how the time cycles within volatility work and then we’ll move to various stock theme swing trades we are looking at in this current time cycle along with also doing some articles over the coming days on the trade set-ups within this cycle for crypto, metals, indices, currencies and more.

This time period now is all about getting ready, understanding how time cycles work, starting to get our positioning in the various themes of trade and watching for the trajectories to line up between now and the peak of the next time cycle and the one after.

Also, before I forget, I am also going to be covering in articles for our members soon the need for a proper trading plan before entering your trade including how to size your trade, how to ebb and flow the support and resistance within the structure, sizing and trading the time cycle inflections of the instrument and more.

If you need help with a trade set-up email me at [email protected].

Thanks,

Curt

Part Two in this $STUDY Series can be found here:

Protected: How to Swing Trade Volatility Time-Cycles (PREMIUM PT 2): Entering Eye of The Storm – Indices, Commodities, Currencies, Crypto and Stock Theme Trades.

Current List of Available P&Ls (remaining dates are in progress now to be released soon):

Subscribe to Swing Trading Service:

Swing Trading Bundle (Swing Trading Newsletter, Live Swing Trading Alerts, Study Guides).

Swing Trading Newsletter (Weekly Newsletter Published for Traders).

Real-Time Swing Trading Alerts (Private Member on Twitter Feed and more recently by way of Email).

Swing Trading Study Guide Newsletters (After Trade In-Depth Reviews Including Set-Up Identification, Trading Plan, Sizing, Risk Management, ROI and more).

One-on-One Trade Coaching (Via Skype or In-Person).

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.

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.

Follow:

Tweets by swingtrading_ct

Article Topics; swing trading, time cycles, volatility, VIX, stocks, commodities, crypto, metals, indices, trading, currencies, Fibonacci, charting, markets, black swan events

May 2017

Trading Set-ups. Video Explains Predictable Winning Process. Part 6 b) “Freedom Traders” Series.

Part Six b) of the “Freedom Traders” Series: Trading Set-ups. Video Explains Predictable Winning Process. This post is

Part Six b) of the “Freedom Traders” Series: Trading Set-ups. Video Explains Predictable Winning Process.

This post is the video / blog companion to “Trading Set-ups. How-To Develop a Systematic – Predictable Process. Part 6 a) “Freedom Traders” Series”. It is a $STUDY for Traders Endeavoring to Trade With a High Degree of Probability.

Introduction.

The video below will provide overview explanations of the various trade set-ups I use with different types of trading I do (Swing Trading, Day Trading and Algorithmic Model Trading).

I endeavor in this series of posts to first provide an overview of my trading systems and through subsequent posts I will break-out the details of each trade set-up I use.

Check back to the posts in this section (section 6 of the Freedom Traders series) because 6 a. and 6 b. will be updated regularly with new set-ups added to the overview lists and the subsequent posts in section 6 will have more and more specific trade set-up videos and blog posts included in the series.

The Purpose.

As explained in the introduction to this series (in Part 6 a), the purpose of this part of the series is to assist traders in developing their own predictable trading systems.

A large part of a successful trading plan is having a predictable trading system that you can rely on – a “rules-based trading process”.

Finding at least one trading system that will work the majority of the time, that is easy to use, fits your personality, is predictable and easily reproducible is key.

Trading Set-Ups Overview: Overview Video Number One.

This video touches on a number of chart set-ups / indicators / disciplines specific to day trading and swing trading and not so much algorithmic chart modeling. It is approximately 30 minutes in length and it provides a working foundation (overview) of the type of trading I execute.

You won’t find high flying ideas, hot new stocks of the week or some other high flying idea here.

You will however find systematic trading principles that will return 80% + win rates. Very predictable set-ups that can be duplicated with a high degree of success. Below the video are some itemized notes reflecting the content of the video.

Topics in Trade Set-ups Video 1:

Description of types of trading I do.
- Day Trading, Swing Trading, Algorithmic Model Trading.
Chart Example Used for Video.
- $FSLR.
Indicators Used on Video.
- Wide Time Frame Moving Averages: 20 MA, 50 MA, 100 MA, 200 MA.
- Stochastic RSI.
- MACD.
- Squeeze Momentum Indicator.
- Short Time Frames I Use 8 ema, 21 ema, VWAP.
Explanation of Mid Day Chart Reviews and Trade Set Ups in Trading Room.
- Provides repetition for our traders in executing trade set-ups.
- Provides new chart and trade set-up ideas daily to members.
- Provides opportunity for members to ask questions about their own chart and trade set-ups.
Trading Set-Up # 1 – Price Breach of 200 MA on Daily Chart.
- The predictable trade is at the breach of the 200 MA.
- The 20 MA breaches the 50 MA, the 20 MA breaches the 100 MA, the 20 MA breaches the 200 MA.
- Entering long based on the daily chart and taking sell triggers on lower chart time-frames (opposite action of moving averages with price below instead of price above).
- Trading the bowl and break-out above the 200 MA.
- Confirming the bottom play with the early indicator of MACD.
- I rely heavily on MACD for swing trading platform.
- Stoch RSI started to rise at same time MACD started to signal bottom.
- Stoch RSI helps time trade.
- Increasing volume is critical.
- SQZMOM confirmed bottom with trend up.
Trading Set-up # 2 – Bottom Play Prior to Breach of 200 MA on Daily Chart.
- MACD crosses, Stoch RSI crosses up, SQZMOM trends up.
- Test of price to 20 MA and indicators cross back up then test of 50 MA etc.
- Trading and testing through the moving averages until trade gets above 200 MA and then you’re in to trading set-up #1.
Chart Time-Frames and MA Action are Critical for Trading the Stock (Timing entries and exits).
- Confirming your trade bias through looking at the different time frames including weekly, daily, hourly, 30 minute, 15 minute, 5 minute, 3 minute and 1 minute charts depending on your time-frame.
- Fibonacci should confirm the moving averages as support and resistance points on the chart.
- Moving averages are a modern representation of the tape.
- Timing entries and exits based on indicators.
- Price above MA’s is critical in bullish bias trade and opposite is true for bearish outlook on various time frames and exits can be timed in trade.
- Example Long Set-Up at 52.05 on chart culminating in sell signal at 70.35 – a 40% increase before you get sell signal on chart.
- Trading through the MA’s before the 200 MA breach is possible (bottom play – trade set-up #2).
Chart Resistance and Support Levels.
- Fibonacci, Natural Horizontal Chart Resistance and Moving Averages.
Trading Earnings.
- I rarely hold through earnings. I sell in to and re-enter after earnings.
- Low risk trading is my goal.
Algorithmic Modeling and Fibonacci.
- Basic algorithm quadrants and diagonal resistance.
$FSLR Chart Examined for a Day-Trade.
- Moving through the time-frames and various places to enter your trade – what quantifies bullish and bearish and timing your trade.
- A day trade hopefully becomes a swing or trend trade. 14% ROI on monthly trade example.
- Enter on tight time-frame (after confirming your wide time-frames set-up).
- Confirming your entry with “power”. Avoiding getting cut up with fast exits. Timing trades with power.
- Price, Trigger, Power, Trade, Risk, Reward. PTPTRR. Being ready for the power trade with the moving average set-ups.
- Legging in 20% at a time. Five leg principle in a move.
- Knowing where your most likely resistance is in the move and exiting the trade.

Closing.

That concludes the video / blog portion of the trade set ups overview that accompanies “Trading Set-ups. How-To Develop a Systematic – Predictable Process. Part 6 a) “Freedom Traders” Series. Hopefully this series will assist you in building a rules based trading process.

As I mentioned at the outset, I will next post a series of articles to explain the fine details of each trade set-up I use. The videos will also detail many other indicators I use. I will also be explaining more in future about how our algorithmic model trading indicators are used.

Remember to check back to this specific post and part a because the list of indicators and the overview of each will grow with time.

As mentioned in Part A I also highly recommend taking in our regular trading webinars and most specifically the mid day trade and chart set-up reviews.

Repetition breads success. Repetition provides laser focused trading skills that only comes from practice, practice, practice.

Our team time in the mid day chart and trade set-ups is a training ground for success through repetition and fresh trade ideas.

Click here for the link to sign on to any of our services. https://compoundtrading.com/shop/

Message me anytime with your story or questions. And if you follow me on Twitter and I don’t follow back so you can DM then send us an email to [email protected] with your Twitter handle.

Also in closing, I will mention again that I have had a number of people message me to get involved in our various launch initiatives – with moderating, coding and various other levels of interest. I will be writing back to those inquiries early June (in advance of our 24 Hour Oil Trading Room Launch).

Cheers!

Curtis

Previous Freedom Trader Post Links:

Part 1 : My Personal Stock Trading Story. How I Blew up Two Accounts and then Learned How to Trade.

Part 2: Trading Checklist (Rules) I Follow Before Triggering a Stock Trade.

Part 3: Now I’m Inspired. A Struggling Trader That Inspired Change.

Part 4: We Want (Need) You! Apply to Nearest Recruiting Station.

Part 5: Learn How to Trade Stocks (Build a Small Account) Following my Journey.

Part 6 a: Trading Set-ups. How-To Develop a Systematic – Predictable Process.

Article Topics; Compound, Trading, Freedom, Traders, Learn, How to, Set-Ups, Process, Moving Averages, Fibonacci, MACD, Video, Indicators, Day Trading, Swing Trading.

May 2017

EPIC Oil Algorithm. Charting Tues May 23 FX: $USOIL $WTIC $CL_F $USO | EIA and OPEC On Deck

EPIC the Oil Algorithm Chart Report Tuesday May 23, 2017 (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

EPIC the Oil Algorithm Chart Report Tuesday May 23, 2017 (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo and I am one of six Algorithmic Charting services in development at Compound Trading.

NOTICES:

This Oil Algorithm Report Includes three scenarios of trade. One for lower channel trade, one for continues upward trend trade and another for OPEC driven upward trending channel trade.

I have left the most recent reporting in this post for context.

OFFICIAL LAUNCH JULY 1: Update – This may be moved up to June 12! Limited beta subscriptions capped at fifty members. 24-Hr Oil Trading Room $USOIL $WTI #Oil (EPIC THE OIL ALGORITHM). Member beta discount until subscriptions sold out only. If room is ready prior to July 1 (and it likely will – it will open early). Unfortunately no holds – first come, first serve. To register click here: https://compoundtrading.com/product/fx-usoil-epic-oil-algorithm/

As a result of the new room opening soon, you can expect significant changes to my charting over the coming near weeks.

Also, we are currently testing charting security so if a chart does not come up for you please let us know.

There is a Webinar in the trading room scheduled for 10:00 AM ET for the EIA report FYI.

Wednesday May 17, 2017 EPIC the Oil Algorithm Webinar is important for members to review.

MULTI-USERS: Institutional / commercial platform now available.

PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures in 2017 and will have 24 hr crude oil trade room.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; [email protected], message our lead trader on Twitter, or message a lead trader privately in the trade room.

Visit this link for more information about my oil algorithm development, this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

FX: $USOIL $WTI Observations:

Below is the link for the live chart version of EPIC the Oil Algo Live Trading Chart for Tuesday May 23, 2017 (You will be able to clock on lower right share button beside thumbs up button and then click on “make it mine”):

https://www.tradingview.com/chart/USOIL/oW3GkCBK-EPIC-the-Oil-Algorithm-Chart-May-23-2017-446-AM-FX-USOIL-WTI/

May 23, 2017

The new charting includes a change to color for the arrows that depict the channels. We have changed the color from orange arrows to purple as many were thinking the old channel arrows could be support or resistance. They are simply to note where the channels are.

The static charts show three potential channel trades. The one is a lower trending channel, which is the most natural for the machines because trade should have come off at the resistance (grey thick line) but did not and traded the last 24 hours or so in an anomaly pattern (you will notice the machines did not turn on and trade languished). This scenario is unlikely with OPEC on deck but would be the favored scenario if OPEC wasn’t manipulating trade scenarios.

The other scenario is a continued uptrending channel (essentially continuing the existing channel trend upward). This scenario is possible with OPEC on deck.

And the final scenario is another uptrending channel scenario that is just higher on the chart or more bullish and this would be the channel that OPEC will be attempting to manipulate.

Remember the significant cluster above that was noted in yesterday’s reporting – it is not noted on the current chart.

The algo targets are simply best guesses because trade is not in a natural state this week.

Current trade. Downward channel scenario (most natural but OPEC likely anomaly) EPIC the Oil Algorithm Chart May 23, 2017 438 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Second scenario. Trade continues in uptrend in current channel (less anomalies) EPIC the Oil Algorithm Chart May 23, 2017 443 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Third scenario – OPEC driven momentum in upward trending channel. EPIC the Oil Algorithm Chart May 23, 2017 446 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Previous Reporting (for context):

We are testing new chart security so if the charts below do not load the algorithm please let us know.

Below is the link for the live viewer only version of EPIC the Oil Algo Live Trading Chart for Monday May 22, 2017 (You will only be able to view in viewer – hit play to bring up to minute. You will not be able to edit this chart):

https://www.tradingview.com/chart/USOIL/GlnSaeNJ-Current-trading-range-with-option-for-upward-channel-and-downwar/

Below is the live link to the live charting that if it works you will be able to edit. If it does not work please let us know and we will send you another link:

https://www.tradingview.com/chart/oUGqSvbc/

Below are the static charts for this reporting period:

Current trading range with option for upward channel and downward channel. EPIC the Oil Algorithm Chart May 22, 2017 227 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Current trading range with option for upward channel and downward channel. EPIC the Oil Algorithm Chart May 22, 2017 227 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Upward channel option with blue arrow representing start of resistance cluster 52.70 intra. EPIC the Oil Algorithm Chart May 22, 2017 229 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Upward channel option with blue arrow representing start of resistance cluster 52.70 intra. EPIC the Oil Algorithm Chart May 22, 2017 229 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Considerations for trade on May 22, 2017:

OPEC is meeting this week. Be very cautious. There will be anomalies in the charting.

There is a long weekend coming. Holidays can create problems with the algorithms (agreement between). It can take a day or two either side of a holiday for the machines to sort out alpha.

At time of publication trade is right at support and resistance (grey line).

Not far above (thick blue line with blue arrow) is the start of the resistance area that seen oil come off very hard last time it tested this resistance cluster. Remember, the goal of OPEC is to get trade above the resistance area.

There is a choice on the chart for an upward trending channel and a downward trending channel. They are marked with orange arrows.

Here is the email sent to members earlier today;

Oil Traders

There is a complete report coming out around 2 am ET (approx), until then the following;

– The upper resistance of broad quadrant trading range is being tested (thick grey line). Remember there is a variance, a testing area of about .22 – .25 cents on upside of that resistance.

– When our traders short at resistance it is with tight stops. Especially when trade is in upward trending channel. Upward trending channel = highest probability trade is long at channel support and/or horizontal support. Highest probability is not short. Highest probability short is at top of channel or horizontal resistance in a downward trending channel. So when you trading against highest probability we keep our stops tight. When trading with probability we loosen up our stops a bit.

– The cluster we ran in to at prior highs is once again also approaching. Major resistance starts at 52.70.

– Between current quadrant resistance and the resistance cluster that starts around 52.70 we would not be surprised if market takes trade to underside of cluster (around 52.70 on FX $USOIL $WTI

– OPEC meetings are very likely to create any number of anomalies in trade. The complete report tonight will assist.

– The main resistance points of cluster are approximately on intra 52.70, 53.70, 54.80, 55.15, 59.78.

– When we short at res and trade fails we flip long and stay in it until next res is hit (in an uptrending channel). Your profit is being on right side of the trade in uptrending channels and downtrending channels. So profit is in long at bottom of channel in uptrending channel and short at resistance in downtrending channel. Contrary trades have to be with very tight stops.

– Trade is currently bullish – do not fight the trend.

– Full report out tonight.

Multi Week Trading Range for Swing Trading:

Note: Be careful with the prices you see in the purple boxes on the right of the chart – they do not line up on chart for price action (they are for indicators).

Trade the ranges noted above.

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link earlier in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

The diagonal trend-lines are marked on main chart above.

Conventional Charting Observations:

Conventional Oil Chart – testing 100 MA with red resistance line overhead. May 22, 256 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Conventional Oil Chart – testing 100 MA with red resistance line overhead. May 22, 256 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo

Per recent reports:

There are a cluster of resistance points in oil overhead and the charts below show this best:

Simple lines show expose clusters of resistance. Crude algo intra work sheet 201 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

https://www.tradingview.com/chart/USOIL/mOQxIWO7-USOIL-WTI-Simple-Lines-Expose-Areas-of-Resistance/

Simple lines show expose clusters of resistance. Crude algo intra work sheet 201 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Notice how when the daily chart is opened, the simple lines extend to current day trade.

Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Daily chart view magnified. Simple lines show expose clusters of resistance. Crude algo intra work sheet 217 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Daily chart view magnified. Simple lines show expose clusters of resistance. Crude algo intra work sheet 217 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Possible downtrending channel due to trendlines extending from previous time cycles. Crude algo intra work sheet 226 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

If this occurs, the white arrow shows top of downtrending channel forming and lower white arrow show possible support to channel (but not as strong as the others because it is from current time cycle unlike the others) and if price loses lower white arrow the channel downward could continue. Pink arrow shows the end of the pinch should price trade between the two white arrows to end of wedge.

Possible downtrending channel due to trendlines from extending from previous time cycles. Crude algo intra work sheet 226 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Careful 50 MA pinch on 100 MA. SQZMOM up as is MACD but Stock RSI at top. Crude algo intra work sheet 233 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Careful with that 50 MA crosses the 100 MA – you want those opposite to be bullish. Careful price stays above them also. Price above 200 MA. Stoch RSI at top so it would make sense for it to come off soon.

https://www.tradingview.com/chart/USOIL/MVJk9YCm-Careful-50-MA-pinch-on-100-MA-SQZMOM-up-as-is-MACD-but-Stock-RS/

Careful 50 MA pinch on 100 MA. SQZMOM up as is MACD but Stock RSI at top. Crude algo intra work sheet 233 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable. Crude is currently trending toward a target (red circles on chart) Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Intra-day trading quadrants are available on all time – cycles and all of them are not detailed on this charting. The charting above represents the 30 minute trading quadrants. If you require tighter time-frames please email us and we will update charting for the time cycle you are looking for.

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

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

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. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (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).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Tweets by EPICtheAlgo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.

Article topics: EPIC, Oil, Algo, Crude Oil FX: $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, Chart, Algorithm, Indicators, Fibonacci

May 2017

Freedom S&P 500 $SPY Mon May 22 $ES_F $SPXL, $SPXS

S&P 500 $SPY Trade Update Monday May 22, 2017 $ES_F ($SPXL, $SPXS) Algorithmic Charting Observations Good morning! My

Freedom S&P 500 $SPY Mon May 22 $ES_F $SPXL, $SPXS

SP500 (SPY) Algorithm $ES_F, $SPXL, $SPXS, Algo, Algorithms, Chatroom, Fibonacci, Freedom, SPY, Stocks, Trading Curt Melonopoly

S&P 500 $SPY Trade Update Monday May 22, 2017 $ES_F ($SPXL, $SPXS) Algorithmic Charting Observations

Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P trade report for Compound Trading.

Below is the first algorithmic quadrant chart you will see of many over the coming days. The horizontal support and resistance lines are standard Fibonacci that you can trade against and the diagonals are quadrant support and resistance – the thicker the line the better the support or resistance.

The next report will refine these and price targets. For now, we will see how this model performs. This is by the way the model our traders have been using for months and it has worked. I will add much more detail to it as this week progresses.

Live chart https://www.tradingview.com/chart/SPY/FxIZbhOS-SPY/

Support and resistance horizontal and diagonal. S&P 500 $SPY May 22 607 AM $ES_F $SPXL, $SPXS

Support and resistance horizontal and diagonal. S&P 500 $SPY May 22 607 AM $ES_F $SPXL, $SPXS

Trading Range Extensions (wide time-frame price targets – the main turns). In short, we have been publishing price predicts for the main price extensions on $SPY trade and for about four months now we have been hitting them. The price extension price targets are the most important. If you can catch the main turns in trade then this of course is where the money is. So that was the primary priority and it has proven out. Reviewing historical reports this is represented by the red dotted line extensions and was also in writing (the price predicts of trading extensions).

Trading Quadrants (shorter time frame trading ranges). The second priority was to lock in the natural trading range on shorter time frames, we call these quadrants and they have been represented on the charts as geometric shapes (boxes, or as some refer to them as diamonds). These also have proven out.

Trading Time Cycles / Main Resistance Areas (clusters of resistance). You would have to go back in the historical reporting some time to confirm that our algorithm has actually called these consistently, but it has. The more recent is the area $SPY is struggling to breach right now and the significant one prior to Christmas last year. The purpose of knowing where the primary time cycle resistance areas (or clusters) are, is for traders to know where and when it is bets to let off the gas to speak.

Specific Time / Price Targets. This area of work in the algorithm we are still working with (in development) and as such you will know begin to see our best guess of specific time / price targets weekly. You would have to review EPIC the Oil Algo posts or Twitter feed to understand what I am referring to (they are represented on EPIC’s feed as red circles and EPIC has been undeniably accurate). Now, IT IS CRITICAL to know that we may never be able to lock in these “cyrstal ball” specific time and price targets with $SPY like we have with EPIC. But that doesn’t make the work we are doing ineffective, actually quite the opposite.

Good luck with your trades and look forward to seeing you in the room!

Freedom the $SPY Algo

Tweets by FREEDOMtheAlgo

Article Topics: Freedom, $SPY, Algo, Fibonacci, Stocks, Trading, Chatroom, Algorithms, $SPY, $ES_F, $SPXL, $SPXS

May 2017

EPIC Oil Algorithm. Charting Mon May 22 FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

EPIC the Oil Algorithm Chart Report Monday May 22, 2017 (Member Edition). FX: $USOIL $WTIC – $USO $CL_F

EPIC the Oil Algorithm Chart Report Monday May 22, 2017 (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo and I am one of six Algorithmic Charting services in development at Compound Trading.

NOTICES:

This Report will include recent emails sent to members and recent reports because there are many new members and many won’t have had access to especially those emails for context.

The algorithm took an unusual amount of time to lock in tonight – there is a possible divergence of up to .12 cents on any horizontal support and resistance and any diagonal lines (basically any line on the chart). It happens sometimes, it is very unusual, but it does occur. Either way, it will be locked in over the next day or two. Until it is re-locked in you will find some of the lines to be sloppy and not match up.

When we estimate a time of publishing, be cautious to not plan your life around our ETA. The algorithm can take between 1 hour and 12 hours to lock in and we do not know how long it will take before starting each night.

OFFICIAL LAUNCH JULY 1: Limited beta subscriptions capped at fifty members. 24-Hr Oil Trading Room $USOIL $WTI #Oil (EPIC THE OIL ALGORITHM). Member beta discount until subscriptions sold out only. If room is ready prior to July 1 (and it likely will – it will open early). Unfortunately no holds – first come, first serve. To register click here: https://compoundtrading.com/product/fx-usoil-epic-oil-algorithm/