Tag Archives: Fibonacci

Wednesday Dec 7, 2016 EPIC the Oil Algo Oil Report (Public Edition).

Welcome to my new FX: $USOIL $WTI oil trade report.

IMPORTANT NOTICES:

NEW: The post below is the public edition (it includes some traditional charting) – members propreitary algorithm edition will be delivered to your emal inbox within one hour or see link at bottom of post (if available yet) for member only area that adds to this post which includes the proprietary components of my algorithm; 1. Alpha Algo price / time targets, 2. Alpha Algo trend-lines, 3. Oil Time / Price Cycle Terminations and 4. Intra-Day Trading Algo Quadrants (when available).

NEW: Starting mid December the Member Editions will become available (be unlocked to general public) within about ten days of original publication so folks that are considering subscriptions can evaluate my value.

NEW: Institutional platform now available for multi-users – pricing and product information will be posted to website soon.

NEW: Live charting for members of my algorithmic modelling is now available on Trading View. Links are now emailed to members regularly.

PATENT PHASE: As I mentioned in my last report this week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (specific to proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADING ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

PRICING: Myy proprietary services transitioned recently from free inaugural to subscriber only access. All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent roll-ver existing members wll be grandfathered at locked-in current rates.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators – weighted. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional trading chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year 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 to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered only one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. 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.

FX: $USOIL $WTI Observations:

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website pages (as it applies to my algorithm) and my Twitter feed (which all-in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 50.67 (126 AM ET Dec 7, 2016). Some thoughts with respect to traditional charting that may help advance you trading edge (advance algorithmic modeling in member edition);

Currently trading at 50.67 – crude held its current intra trading range.

Per yesterday:

Above 51.90 watch for a break-out (best to let it retest support at 51.75 before going long and best to let it test resistance at 50.44 or even 49.46 “the yellow lines” if it breaks down below that before going short). You can use your indicators below (on the charting) for intra snipes.

https://twitter.com/EPICtheAlgo/status/806389294151696384

Multi Week Trading Range / Swings:

Per yesterday:

Your primary pivot areas for swing trading crude are at the multi week low around 42.46 (bottom yellow line – be careful with misreading the white numbers on side of chart in purple they don’t represent price at that level) and the top side of your mutli week trading range is around 51.90. Shorting below 51.90 considering crude oil recent rally does not represent good probability. Long at the bottom of the range represents excellent probability.

Trade the outside range for highest probability. Crude algo intra work sheet 154 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

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.

You can see how the price action in this chart is affected by the trend lines (algorithmic charting has considerable more detail for advance preparation – the trader’s edge is increased knowig where they are in advance and in relation to upcoming alpha algo targets and alpha algo trend-lines).

Diagonal Trend-Lines are critical in oil trade. Crude algo intra work sheet 200 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Price Action With 20, 50, 100, 200 MA

How crude price reacts to 20 50 100 200 MA on 3 min. We work with members intensely in room on how to let the MA’s set-up properly on different time-frames to enter long positions and short.

How crude price reacts to 20 50 100 200 MA on 3 min. Crude algo intra work sheet 209 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Fibonacci Levels:

Per yesterday:

The fib level is important above 51.75 because that puts the trading price in to possible break-out territory. Your full extension above there is 55.99 on the fib. A break down of 50.44 and you would want to see if the next at 49.12 holds and so – on. In a break down you want to wait for next Fib level to hold and if triggering a long trade wait for price – trigger – power – trade. In other words, wait for a re-test of the support or if it doesn’t retest wait for the price to prove itself by being higher than the most recent high on the 1 min, 3 min, 5 min etc intra trading. If you do not know how to trigger trades based on price – trigger – power – trade disciplines it is best to research online or sign up here or somewhere for some private coaching. This discipline with intra-day trading is critical.

Intra fibonacci levels to watch. Crude algo intra work sheet 217 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

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). Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Included in Member Edition (available within an hour of this public post).

Oil Time / Price Cycles:

Protected Proprietary Algorithm Content – See Member Edition.

Alpha Algo Trading Trend-Lines:

Protected Proprietary Algorithm Content – See Member Edition.

I can however report that the price action since Nov 30 break-out has been respecting the alpha algo trend-lines calculated and published over a week ago with precision.

Current Alpha Algo Targets:

Protected Proprietary Algorithm Content – See Member Edition.

I can however report that the alpha algo primary probability target prediction from last week for Tuesday December 6 at 16:30 came within a few cents of price action for that time / price cycle. Very tradeable call to say the least.

Oil Intra-Day Algo Trading Quadrants:

Protected Proprietary Algorithm Content – See Member Edition.

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 undersatnd 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:

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

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. 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 Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Tuesday Dec 6, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI Public Edition oil trade report.

IMPORTANT NOTICES:

NEW: The post below is the public edition (it includes some traditional charting) – members propreitary algorithm edition will be delivered to your emal inbox within one hour or see link at bottom of post (if available yet) for member only area that adds to this post which includes the proprietary components of my algorithm; 1. Alpha Algo price / time targets, 2. Alpha Algo trend-lines, 3. Oil Time / Price Cycle Terminations and 4. Intra-Day Trading Algo Quadrants (when available).

NEW: Starting Dec 16 ish the Member Only Editions will become available (be unlocked) within about ten days of original publication so folks that are considering subscriptions can evaluate my value.

NEW: Institutional platform now available for multi-users – pricing and product information will be posted to website soon.

NEW: Live charting for members of my algorithmic modelling is now available on TradingView. Links are now emailed to members regularly.

PATENT PHASE: As I mentioned in my last report this week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (specific to proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADING ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

PRICING: Monday my proprietary services transitioned from free inaugural to subscriber only access. All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent roll-ver existing members wll be grandfathered at locked-in current rates.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo Political integration – only math as t relates to traditional indicators weighted. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional trading chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year 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 to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered only one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. 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.

FX: $USOIL $WTI Observations:

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website (as it applies to my algorithm) and my Twitter feed (which all in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 51.40 (5:50 AM ET Dec 6, 2016). Some thoughts that may help advance you trading edge;

Trading intra-day 51.40 up .89% Crude algo intra work sheet 550 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Currently trading at 51.40 – crude held its current intra trading range. Above 51.90 watch for a break-out (best to let it retest support at 51.75 before going long and best to let it test resistance at 50.44 or even 49.46 “the yellow lines” if it breaks down below that before going short). You can use your indicators below (on the charting) for intra snipes.

Multi Week Trading Range / Swings:

Your primary pivot areas for swing trading crude are at the multi week low around 42.46 (bottom yellow line – be careful with misreading the white numbers on side of chart in purple they don’t represent price at that level) and the top side of your mutli week trading range is around 51.90. Shorting below 51.90 considering crude oil recent rally does not represent good probability. Long at the bottom of the range represents excellent probability.

And then you have a diagonal up-trending wedge you can follow also swings – your probability of success goes way up taking long positions at bottom of this wedge (intra-day at 46.34 and rising  refer to yesterdays chart) and short positions at top of wedge (however, depending on your time-frame considering oil is in a rally a short may not be the best play here). You as a trader have to determine your time-frame and trade accordingly.

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.

Diagonal Trend-Line breach and next support (blue). Crude algo intra work sheet 609 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Example of diagonal trendlines at work (see my Twitter feed or blog posts for more)

200 MA, 1HR, $USOIL, Chart, OIL

Crude oil has reacted negatively to the 200 MA on the 1 HR in recent month trading. As long as it is above the 200 MA we consider it one of many bullish indicators.

It is currently trading just above it!!! Caution. Lost 200 MA for a while yesterday at 2 PM and regained it when price hit lower diagonal trend line. Barely above it now.

Above 200 MA on 1HR (purple – white arrows). Crude algo intra work sheet 620 AM Dec 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Fibonacci Levels:

The fib level is important above 51.75 because that puts the trading price in to possible break-out territory. Your full extension above there is 55.99 on the fib. A break down of 50.44 and you would want to see if the next at 49.12 holds and so – on. In a break down you want to wait for next Fib level to hold and if triggering a long trade wait for price – trigger – power – trade. In other words, wait for a re-test of the support or if it doesn’t retest wait for the price to prove itself by being higher than the most recent high on the 1 min, 3 min, 5 min etc intra trading. If you do not know how to trigger trades based on price – trigger – power – trade disciplines it is best to research online or sign up here or somewhere for some private coaching. This discipline with intra-day trading is critical.

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 of previous time / price cycles). Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Included in Member Post (available within an hour of this public post)

Oil Time / Price Cycles:

Protected Proprietary Algorithm Content – See Member Post

Alpha Algo Trading Trend-Lines:

Protected Proprietary Algorithm Content – See Member Post

Current Alpha Algo Targets:

Protected Proprietary Algorithm Content – See Member Post

Oil Intra-Day Algo Trading Quadrants:

Protected Proprietary Algorithm Content – See Member Post

Indicators:

As I 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 algo and/or target. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance and 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 and reviewing my Twitter feed posts and previous blogs will help you with how to use these indicators. We will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

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

Conclusion:

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

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money. We also recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a revamp (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. 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.

I suppose also when the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

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

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Monday Dec 5, 2016 EPIC the Oil Algo Oil Report.

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

IMPORTANT NOTICES:

This week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

Today all services transition from free inaugural to subscriber only access.

All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions).

How My Algorithm Works and Availability:

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

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

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

FX: $USOIL $WTI Observations

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website (as it applies to my algorithm) and my Twitter feed (which all in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit. ESPECIALLY with the member only charting upcoming as they will be much more involved.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 51.29 (12:50 AM ET Dec 5, 2016). Some thoughts that may help advance you trading edge;

Trading at 51.29. Crude algo intra work sheet 1250 AM Dec 5 FX $USOIL $WTI #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Currently trading at 51.29 – crude held its current intra trading range (tight on fibs) 50.44 – 51.75. Those are your intra-day levels to watch. Above 51.75 watch for a break-out (best to let it retest support at 51.75 before going long and best to let it test resistance at 50.44 if it breaks down below that before going short). You can use your indicators below (on the charting) for intra snipes.

Multi Week Trading Range / Swings:

Trading range for swings (yellow and fibs). Crude algo intra work sheet 104 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Your primary pivot areas for swing trading crude are at the multi week low around 42.46 (bottom yellow line – be careful with misreading the white numbers on side of chart in purple they don’t represent price at that level) and the top side of your mutli week trading range is around 51.90. Shorting below 51.90 considering crude oil recent rally does not represent good probability. Long at the bottom of the range represents excellent probability.

And then you have a diagonal uptrending wedge you can follow also swings – your probability of success goes way up taking long positions at bottom of this wedge and short positions at top of wedge (however, depending on your time-frame considering oil is in a rally a short may not be the best play here). You as a trader have to determine your time-frame and trade accordingly.

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.

Diagonal Trend-Lines (blue). Crude algo intra work sheet 126 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

At time of writing there is a diagonal trend-line being tested. If you are trading on a tight intra-basis these are highly predictable indicators.

200 MA on 1 HR

Above 200 MA on 1HR (purple – white arrow). Crude algo intra work sheet 135 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Crude oil has reacted negatively to the 200 MA on the 1 HR in recent month trading. As long as it is above the 200 MA we consider it bullish.

Fibonacci Levels:

Above 200 MA on 1HR (purple – white arrow). Crude algo intra work sheet 135 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

The fib level is important above 51.75 because that puts the trading price in to possible break-out territory. Your full extension above there is 55.99 on the fibs. A break down of 50.44 and you would want to see if the next at 49.12 holds and so – on. In a break down you want to wait for next Fib level to hold and if triggering a long trade wait for price – trigger – power – trade. In other words, wait for a re-test of the support or if it doesn’t retest wait for the price to prove itself by being higher than the most recent high on the 1 min, 3 min, 5 min etc intra trading. If you do not know how to trigger trades based on price – trigger – power – trade disciplines it is best to research online or sign up here or somewhere for some private coaching. This discipline with intra-day trading is critical.

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 of previous time / price cycles). Refer to chart for current applicable horizontal trend-lines.

Time / Price Cycles:

The most recent time / price cycle terminated Dec 1 at 7:00 AM and we seen what price action has done since.

Right now crude is in break-out and there is a strong absence of significant time / price cycle terminations on the chart.

Some are as follows; Dec 5 6:30 AM 1/5, Dec 9 3:30 AM 2/5, Dec 12 7:30 AM 2/5, Mar 20 5 / 5. The rating 1 to 5 is for significance – the higher the number the more significant. If you review my twitter feed and my story on the website you will find these to be near 100%, in that the price of crude moves out of its current trading range to the upside or down. Our traders use these as a primary indicator for risk – reward. Be cautious of week time / price cycle terminations (don’t give them a lot of credence). As more time / price cycle terminations are calculated with intra-day pricing I will update members.

Algo Trend-Lines:

Alpha algo lines Crude algo intra work sheet 204 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

If you look closely at this chart you will see clearly how the price of oil reacts to alpha algo lines as support, resistance and important inflection points. Price gets aggressive when they are breached. Here again, the thicker they are the more important they are.

Current Algo Targets:

All current targets are soft targets. In other words, when the price of crude changes trading ranges it takes time for the algorithm to calculate new targets. Early on in the price and time cycle you will find the probabilities much less and as time goes on in the time / price cycle the algorithm will give you much higher probabilities of targets being hit. There are usually a number of targets published and each is given a probability of a hit (how many times out of 100). You can use these targets to trade against and determine your risk -reward accordingly. Here again I recommend you review my Twitter feed, my story and my recent blog posts to see how I publish targets along with probabilities (more information below on algo targets).

Below are this weeks targets. They are extremely soft because the new alpha algo targets are in early progression in this new time / price cycle. Use extreme caution until the targets become more clear – Updates will follow as this time cycle progresses.

Dec 6 – 48.30 (17%), 51.34 (24%), 52.38 (15%)

Dec 7 – 48.34 (16%), 51.57 (22%), 52.86 (12%)

Dec 9 – 48.87 (14%), 52.30 (19%), 53.47 (8%)

Intra-Day Quadrants:

Intra day quadrants are the intra day price action of crude oil. About 90% of the time I can publish these for you and you can use them as intra day sniping levels. However, right now because crude is in a break-out these are not predictable. I expect to have these for you Tuesday or Wednesday at the latest when the price and time cycle confirms here.

Indicators:

As I 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 algo and/or target. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance and 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 trading room and reviewing my Twitter feed posts and previous blogs will help you with how to use these indicators. We will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

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

Conclusion:

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

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money. We also recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a revamp (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. 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.

I suppose also when the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

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

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets.

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

Fri Dec 2, 2016 EPIC the Oil Algo Oil Report.

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

IMPORTANT NOTICES:

Next week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

My charting transitions from FX $USOIL $WTI to 24hr crude oil futures Jan 17. My sub service w incl 24hr crude oil trade room.

This weekend all services transition from free inaugural to subscriber only access. Stay tuned Sunday PM for access links.

All rates for existing members for all services will be grandfathered in perpetuity when new rates published this weekend.

How My Algorithm Works and Availability:

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

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

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

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

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

FX: $USOIL $WTI Observations

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website (as it applies to my algorithm) and my Twitter feed (which all in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit. ESPECIALLY with the member only charting upcoming as they will be much more involved.

At time of writing FX $USOIL $WTI is trading at 50.55 (609 AM ET Dec 2, 2016). Some thoughts that may help advance you trading edge;

Important support test. Crude algo intra work sheet 546 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Main Indicators:

Diagonal Trend Lines:

Diagonal trendlines (blue) – one has been breached and the other is about to be tested. If you review my recent publications you will learn about how important these are. If one is breached you can look to pull-back to next diagonal blue trend line 90% of the time.

https://www.tradingview.com/chart/USOIL/uQGSzGfj-FX-USOIL-WTI-Algo-Worksheet-Intra/

Diagonal trendlines are critical inflection points (blue). Crude algo intra work sheet 617 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Recent price action – price about to test 200 MA on 15 min.

200 MA on the 15 min test coming. Crude algo intra work sheet 633 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Fibonacci support. 

.618 Fib support is at 49.10. Crude algo intra work sheet 640 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Current Algo Targets:

Considering the fact that a recent time / price cycle has expired algo targets are considered “soft” – waiting on confirmation.

Current algo targets (red circles) Crude algo intra work sheet 645 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

So for now that is it for the update. The targets for this week have been published and we are awaiting OPEC so any more than this would just be duplicate of my recent posts.

Indicators:

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

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

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

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

We cover this in much more detail in the trading room and reviewing my Twitter feed posts and previous blogs will help you with how to use these indicators. We will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

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

Conclusion:

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

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

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets.