Part 1 – Crude Oil Day Trade Strategy For 200 Ticks Win From Our Oil Trading Room – Step by Step Tips on How We Traded It and Alerted it Live

The main question for oil traders reading this and /or watching the instructional video should be, “How did we know that oil intra-day would most likely reverse where it did on the chart?”

The oil trading alert went out at 6:37 AM EST and the one prior to that was at 4:09 PM the day prior (Monday June 8, 2020), so it isn’t that we send out many alerts every day, we send our alerts only out when it is the most highly probable area of intra day trade for a win.

So why then at that time of day? What was happening with intra-day trade, the charting, time of day and with other signals that caused us to trade in size long at 6:37 AM EST today?

In short it was the only trade entry alert of the day, the trade was in size and it happened to be at the low price of trade on the day also.

Below are the secrets of this time tested oil trading strategy.

Important Tips for this Simple Intra-Day Crude Oil Trading Strategy

  • Time of Day is Important – Today’s 200 tick oil day trade was started in the morning prior to US regular market open and after many traders around the world in different time zones (and overnight Futures traders) have finished their trading day.
  • Chart Trend Lines – I teach students to always have classical charting trend lines for support and resistance ready at all times on all time-frames.
  • Key Algorithmic Charting Levels – Not all oil traders have this at their disposal, but this was one key reason for our trade success today..

Time of Day.

Time of day when day trading crude oil is very important. In this trade example it was the time of day where overnight futures traders (as far as USA traders are concerned) usually finish their day as well as some traders from around the world also (depending on time zone) and day traders in the U.S. start their day.

When traders start and stop their trading day is not the only time of day consideration.

There are other time of day considerations such as regular U.S. open premarket, regular U.S. market open at 9:30 AM EST, daily settlement at 2:30 PM EST, weekly inventory statistics from the American Petroleum Institute at 4:30 PM EST Tuesday’s and U.S. Energy Information Administration (EIA) at 10:30 AM EST on Wednesdays.

Specifically as it applies to this intra-day oil trading strategy, this trade was taken when the overnight futures traders were typically finished “taking profits or losses” on their day trade sessions and the new batch of day trader liquidity was entering the market. VERY KEY. Again, today’s oil trade was first entered and alerted at 6:37 AM EST, in size.

Below is a screen capture image from our Oil Trading Room with the day trade execution at 6:37 AM for 6 contracts entered – adding to existing 6 contracts in the long position sequence of trade.

Also in the image are some of the alerts in the trading room as the trade progressed (this is the private member oil trade chat room in Discord, there is a live charting and mic broadcast room also).

You can also see in the image the lead trader discussing another time of day coming at 9:00 AM and to be prepared to watch the possible signals of oil trade at that specific time. Time of day in oil trading is one of the best signals oil day traders can use in their strategies.

oil trading room, alert for trade

Image from Oil Trading Room with day trade execution for 6 contracts added to existing 6 contracts long #oiltradingroom

Oil trading alerts screen capture of today’s oil trade that was first entered and alerted at 6:37 AM EST, in size.

Below is a screen capture of the actual oil trading alerts feed showing the lead tech alerting the buy in crude oil.

oil trading alert

Oil trading alert screen capture of today’s oil trade that was first entered and alerted at 6:37 AM EST, in size. #oiltradingalerts

The broker platform trade executions by our oil machine trading algorithm are shown (screen shots) in this tweet:

Crude oil trading alert feed today, deep dive early in premarket for a great 200 point rally through the day.

#OOTT $CL_F $USO $USOIL

#oiltradingalerts #machinetrading

Trading Trend Line Support and Break Outs.

In today’s trading action there was a trend line support signal on the charting for the long position at 6:37 AM and the a trend line break later in the day for a break out to continue the rally.

First, below see the initial support area of the trend line chart for the long trade entry. This signal is from a classical 1 hour oil chart with trend lines that included the mirrored fractal trading trend lines. This “mirrored fractal trend line” is where the signal was to enter the trade.

The one hour trading time frame is a significant oil trading signal because it is a larger than say a 1 minute, 5 minute, 15 or 30 minute chart timeline for daytrading. The one hour timing can be used also for intra-week trading signals.

The mirrored trend line fractal is a bit more than basic oil charting 101 in that it takes some technical analysis experience to learn, but not much and if you are an oil day trader it is a good skill to learn because the machine liquidity in the markets use mirrored fractals greatly.

You can see this technical charting skill helped garner a 200 point rally oil trade win today.

Crude Oil Trend line Chart, oil hit key support on the chart and this was one key signal for taking and alerting the trade.

oil trade alert, chart, trading room

Crude Oil Trend Line Chart, oil hit key support on the chart and this was one key signal for taking and alerting the trade #oiltradealerts

And then later in the day came the trend Line resistance break out.

I marked the intra day oil trend line resistance break out area on the chart below with a second red circle.

trendline, resistance, oil trading strategy

I marked the intra day oil trend line resistance break out area on the chart below with a second red circle.

I recently did a video instructional on oil trend line resistance break outs that explains the rules and tips for how to trade intraday break outs above a trend line resistance. It was identical to today’s set up and signals that produced this excellent win.

Here is an excerpt from that article:

Three Possible Trade Scenarios When Price Breaks Out;

1. The break out fails. This is possible so be sure to use stops or reverse your trade if the break out of resistance fails.
2. The break out succeeds and price keeps running without a retest of previous resistance (now support). If price does not come back to test support of the trend line then you have to be prepared to take the trade long and go with price action.
3. And finally, price breaks out of resistance and then comes back to retest the new support (which was previously the resistance of the trendline structure).

You can find Part 1 to the article with video tutorial here:

Simple Crude Oil Intraday Trading Strategy – Trading Bullish Trend Line Resistance Break-Out. #OOTT $CL_F $USO #CrudeOilTradingStrategies

and 

Part 2 for our premium members is here:

Protected: What’s Next? Crude Oil Trading Strategy – Trading Trend Line Resistance Break-Outs (PREMIUM, Part 2) #CrudeOil #TimeCycles #OOTT $CL_F $USO

Trend line break outs, especially on larger time frame charting such as the one hour like with today’s trading are very powerful signals.

I even publicly gave my Twitter followers a bit of a heads up intra-day because I could see the trend line breach set up coming. My tweet went out at 11:30 AM and shortly after noon oil was in break out mode above the trend line resistance.

oil shorties could get wrecked here

In Part 2 of this article we will take a look at how the swing trading strategies played in to this set up for our Swing Trade Alert service members.

In Part 3 for our Pro Oil Day Traders (Oil Trade Subscribers) we will look at the algorithmic charting structures that enabled this successful trade.

The video tutorial for this specific article (Part 1) is below.

As always, any questions please send me a note via email compoundtradingofficial@gmail.com.

Thank you.

Curt

< Updated June 10 7:41 AM EST >

There is another classical charting reason possible for crude oil’s 200 Point reversal rally intra-day, Fibonacci level 50% was hit perfectly.

Nonetheless, there were strong algorithmic charting reasons for the reversal rally intra-day that I will go in to in more detail for our oil trader members in Part 3. Considering the machine trading liquidity in the oil trading markets I would weigh those indicators / signals much more greatly than the chart below. 

crude oil, intraday, reversal, trade

There is another classical charting reason possible for crude oil’s 200 Point reversal rally intra-day, Fibonnaci level 50% was hit perfectly.

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

Standalone Oil Algorithm Newsletter (Member Charting Reports sent out weekly at times in report form or updated on email regularly).

Real-Time Oil Trading Alerts (Private Twitter feed and Discord Private Server Chat Room).

Oil Trading Room Bundle (includes Weekly Newsletter, Trading Room, Charting and real-time Trading Alerts on Twitter and private Discord Chat Room Server).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Article Topics; Oil, Trading, Alerts, Oil Trading Room, Strategies, Day Trading, Intra Day, Trend Lines, Break – Outs, Support, Time of Day


Algorithmic Trading Strategies for Crude Oil (CL) Day Trading, Trend and Swing Trading. Intra-Day, Daily, Weekly, Monthly Time-Frames.

This is a supplemental document for CL trade strategies for and as included in our algorithmic client oil reporting.

The various reporting included for our clients includes and is not limited to; live oil trade alerts (on Twitter, Discord, email and live in our Trading Room), conventional charting, algorithmic chart models, various trade signals, price targets, symmetry, time cycles and various other guidance.

We endeavor to assimilate the vast algorithmic data our computer scientists derive for our oil traders to action for a trader’s edge.

The algorithmic material is suitable for actionable mechanically executed trading and are also the models our coding team reference for our crude oil machine learning trade development.

You will find in the array of documentation and reporting we provide a well developed, time-tested proven rules based system for crude oil trading that is one of the best available.  Oil traders should use all the models together as a structured system of trade for it to work to your best advantage.

With each chart model (in various reporting) we may include “best-use” trade strategy notes and/or “rules-based trade indications” for your consideration. The oil trading room and study of the Discord oil chat room is your best resource for real-time learning.

For perspective, review historical reporting on our blog and the various videos we have published to the Compound Trading YouTube channel.

Much of the structured model discipline developed in our system is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street.

Our “How to Trade Crude Oil” Recommendations.

Crude oil price moves within structured areas (ranges) of trade represented on charting on various time frames (different time cycles of trade) often in symmetrical price extensions or mirrored fractals, historical price support and resistance, channels and simple price ranges.

The structure oil price moves within (the range of price) can be one minute charting (and more recently some machine trade is as low as 15 second time-frame) timing through to monthly charting.

Time-frame set-ups / strategies included in reporting are charted as conventional chart set-ups and/ or algorithmic chart set-ups (structures).

Understanding and having each chart time-frame at your immediate access (both conventional and algorithmic) will increase the probability of profitable trading.

You will find in reviewing the raw recorded video feed or in attending the live oil trading room that in the morning a lead trader will often review on mic the various levels of support and resistance on various oil trade time-frames on the charting to establish the most probable areas of trade for the strategy of trade.

The lead trader will also check with all the chart time-frames prior to entering a day trade at various times through the day.

When multiple time-frames agree to support or resistance (especially symmetrical) areas on the charting (with trend) this becomes your highest probability area of trade execution, we have found this to be one of the best oil trading strategies.

Sizing trades appropriate to your trading account, probability of support or resistance (multiple oil chart time-frames in agreement) and time frame for each set-up is a positive strategy.

Using the correct chart time-frame specific to your trading strategy is critical. Generally, the lower (smaller) the time frame the less predictable the support and resistance areas (or structure) of the chart will be. However, the larger time-frames (monthly, weekly, daily) may also have significant “slippage” but the primary structure will often remain intact.

Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend. The basic method is to understand the range of trade and execute trade long bias when price is near support for the appropriate time frame / structure and the opposite is true for short trades.

Our staff use the thirty minute model structures (range within trends) most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy. More recently the 60 minute and 120 minute time-frames are being used by our staff as it provides a wider view of the current structure of oil trade (post COVID black swan machine code updates).

Trade positions should be significantly biased to the trending range of trade. 

Below are recent videos from webinars we recorded in our Oil Trading Room:

“How to Profit With EPIC v3 Crude Oil Machine Trades.”

“How to Use Our Oil Trading Services. Oil Trade Alerts, Oil Trading Room, Oil Reports, Trade Coaching”.

The recently released white paper(s) about EPIC v3 explains also its method of execution of trades and is a great supplemental piece of documentation for live human traders to reference for trading bias, see the report here;

EPIC V3.1.1 Crude Oil Machine Trade Software Update | June 4, 2020 White Paper #OOTT $CL_F $USO $USOIL

EPIC V3.1 Crude Oil Machine Trade Software Update Details | White Paper #OOTT $CL_F $USO $USOIL

White Paper: How EPIC v3 Crude Oil Machine Trading Outperforms Conventional Trading Methods

If you have questions about the models below please email us at compoundtradingofficial@gmail.com and if you are a client you can send your Whatsapp phone number to that email and connect direct to our lead trader for intra-day question(s).

Not all charts are updated every week and some concept or test charts are added or deleted on occasion.

Be sure to check the time-stamp of each chart in reporting as the preparation of charts and/or models can take days prior to publication and distribution of this report.

If you are a new client that would like to review historical reports that are still locked on the blog from public view please email the office with your request and we will send you recent report credentials for unlocking reports for review.

Please note, chart links that support the models and unlisted videos from live trade, for reporting set-ups and webinars are now distributed specific to each user or small group of users. If you are using more than one device to access these, to avoid disruption of service, please email us a simple / general description of those devices to assist in controlling dissemination.

EPIC Crude Oil Algorithm Model. 30 Minute Oil Chart Structure (see historical client reporting for the model).

The EPIC algorithm model chart is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade within this specific time-frame. During a black swan event adjust your trade bias to a larger 60 minute or 120 minute algorithmic model time-frame.

This (the EPIC 30 Minute Oil Algorithm Chart Model) is our most proven oil trading structure / strategy.

The levels noted on the EPIC model are to be used as important areas of consideration for support and resistance (trade signals) for your trading strategy when using conventional charting set-ups / structures and/or other algorithmic charting.

Resistance and support areas on the thirty minute oil trade structure chart are at each line on the algorithmic chart. The primary areas of support and resistance are;

  • Outer quadrant walls / also used as channel support and resistance (orange dotted diagonal lines), the half way point between each is often an executable buy or sell trigger in trade,
  • Mid channel line for uptrend and down trend (white dotted diagonal),
  • Mid quad horizontal (not marked but is at the mid point of the quad),
  • Fibonacci levels (various horizontal colored lines on model),
  • Historical areas of support and resistance (purple horizontal lines on model).
  • The intra-week swing trading range is from thick horizontal gray line to the next (commonly becomes a pivot area of trade). You will find on the larger time frame models of the one hour, two hour and four hour that these key horizontal swing range support and resistance levels are marked as green and gray alternating.
  • The important historical diagonal trend-lines (conventional trend lines) are represented on the chart as thick white lines.
  • Also of note are the price targets for Tuesday 4:30 PM (API), Wednesday 10:30 AM (EIA) and Friday 1:00 PM (Rig Count). The Tuesday and Wednesday targets hit significantly more often than the Friday target (red circles with red or green vertical dotted lines intersecting).
  • At times other indicators are added to the chart such as important trend lines “in play”, moving averages and more.

The video at this link explains How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, #OIL, #Trading, #Algorithm, #OOTT as does this video Oil Trading Room – How to Use EPIC the Oil Algorithm Model Chart June 21 #OIL #OOTT and this Webinar 1: EPIC the Oil Algorithm.

When conventional crude oil charting coincides (or agrees) with the EPIC algorithmic model support and resistance this is then considered a significant buy or sell trigger (signal) for crude oil trade.

Be aware (at minimum) of the primary support and resistance areas on the larger time-frames (lower time frames are not as critical) – in this instance (when trading the 30 min time frame) the 1 hour, 2 hour, 4 hour, daily, weekly and monthly charting should be considered when sizing your trades.

Also, more recently we have been adding models for the one hour and two hour time-frames (post COVID black swan event), please be sure to review these models as they are sent out.

This document is sent out to clients for the purpose of “supplemental” to the regular reporting to keep the regular reporting as short as possible. Also, ultimately it is the intra-day or intra-week information provided to our clients that also becomes key for trade bias.

I will also update this document extensively in the near future with a number of live trade video clips to show examples of intra-day trade, swing trade and position trading strategies we are using (for study guide purposes).

Thank you.

Curt

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

Standalone Oil Algorithm Newsletter (Member Charting Reports sent out weekly at times in report form or updated on email regularly).

Real-Time Oil Trading Alerts (Private Twitter feed and Discord Private Server Chat Room).

Oil Trading Room Bundle (includes Weekly Newsletter, Trading Room, Charting and real-time Trading Alerts on Twitter and private Discord Chat Room Server).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Article Topics; Crude Oil, Day Trading, Swing Trading, Algorithm, Algorithmic, Trading, Trend, Position, Intra Day, Machine Trading, Supplement Article

 

 

 


How to Day Trade the 1 Minute Oil Chart Using the 200 MA for Support and Symmetry for Resistance.

A Simple Step by Step Intra Day Trading Guide from our Oil Trading Room and Alerts Service.

Below are my top trading rules (steps I take in my strategy) when daytrading crude oil on the one minute time-frame. It has worked for me over the years and I am sure you will find it a highly profitable way to day-trade oil.

1. The Price Trend of Trade is Your Friend.

  • If you are going to day trade oil long be sure oil is in a rally. In this case oil has been rallying for a number of days and today oil price continued to rally. In this instance, the trend is on your side so it is obvious that your highest probability day trades scalping crude oil futures will be long buy entries.
  • Today’s News – Stock market live updates: Dow up 400, oil rallies 18%, Norwegian dives 18% https://www.cnbc.com/2020/05/05/stock-market-today-live.html   

2. Price Dropping in to The 200 MA on One Minute Oil Chart.

  • Chart from the Oil Trading Room and Alerts feed shows the set-up intra day for the 200 MA scalp, “On the 1 minute time frame 25.15 200 MA is attractive test for a crude oil day trade pop up scalp – trading 25.68. #oiltradealerts” The white arrow on the chart points to the 200 MA on the 1 minute time-frame (200 MA in pink).

    1 minute, oil daytrading, strategy, chart

    On the 1 min time frame 25.15 200 MA is attractive test for a crude oil day trade pop up scalp – trading 25.68. #oiltradealerts

3. Execute Your Long Trade when Price Hits the 200 MA (Moving Average).

  • The screen image capture of the oil trading alerts feed show oil price bouncing off the 200 MA signal, day trade is now in play.
  • “Nice 40 point move on that crude oil daytrade set up on the 1 minute time frame, I didn’t take it, first extension resistance here. #oiltradealerts”

    oil trading alerts, daytrading, 1 minute chart

    The screen image capture of the oil trading alerts feed show oil price bouncing off the 200 MA signal, day trade is now in play. #oiltradingalerts

4. Take Profit as You – Go Based on Your Trading Plan.

  • Oil trading room live image below shows first price target hit, symmetrical price extensions, and a point to trim profits in your long trade scalping crude oil #oiltradingroom

    oil trading room, daytrading, scalp

    Oil trading room live image shows first price target hit, symmetrical extensions, and a point to trim long scalp #oiltradingroom

5. Technical Analysis Helps Plan Your Oil Trading Strategies.

  • Below is a one minute oil chart with symmetrical price extension price targets so our oil traders know where to trim profits along the way while daytrading oil.

    Technical Analysis, trading strategy, crude oil

    Your 3 steps of symmetrical extension resistance points for this day trade in oil #oiltradealerts

6. Use an Oil Trading Strategy – A Plan.

  • The image capture of oil trading room shows the 3 price targets for our trading strategy with this trade intraday #oiltradingstrategies 
  • At point of writing this article, the move on this oil trade alert intra-day is now 80 points, this is a fantastic day trade strategy for oil traders. Knowing where your price targets are and knowing how to measure the symmetry for price extension price targets will really help your strategy.

    oil trading room, day trade 80 points, strategy worked

    The image capture of oil trading room shows the 3 price targets for our trading strategy with this trade intraday #oiltradingstrategies

Technical indicators or signals really help retrieve more profit in each trade and also help with your winning percentage of trades.

There are many other signals that you can use for any oil day trade, including the trade outlined in this article. Some of the other indicators or trade signals include order flow, time of day, resistance and support on larger time frames such as the 5 minute, 15 minute or 30 minute chart time-frames and many more.

The price extensions in this article are part of a proprietary one minute oil trading grid model that our machine trading uses. There are many ways to set your price targets, some use conventional charting methods and some algorithmic (or proprietary models as in this instance).

Hopefully this tutorial on using the one minute oil chart 200 MA as a signal for day trading (scalping) trades has helped. It is an intra-day strategy that has worked for me in my trading time and time again. 

You should find implementing this simple crude oil intra day trading strategy that your win rate and returns will excel.

If you liked this article there is another day trading oil strategy article I wrote here.

Oh, and by the way, while I am finishing up writing this article oil is getting near the upper price target for this day trade and I just alerted the oil trading room and our alert subscribers to take profits. Nice Trade!

oil trading alert, take profit, daytrade

Third price target (main price extension resistance) now being met, take profits here if you haven’t already. #oiltradingalerts

My goal is to build the best oil trading room and oil trading alerts service in the world for oil traders – obviously a tall order, but we’re getting there one step at a time.

Any questions please send me a note via email compoundtradingofficial@gmail.com.

Thank you.

Curt

 

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

Standalone Oil Algorithm Newsletter (Member Charting Reports sent out weekly at times in report form or updated on email regularly).

Real-Time Oil Trading Alerts (Private Twitter feed and Discord Private Server Chat Room).

Oil Trading Room Bundle (includes Weekly Newsletter, Trading Room, Charting and real-time Trading Alerts on Twitter and private Discord Chat Room Server).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Article Topics; day trading, crude oil, 200 MA, 1 minute time frame, strategy, chart, symmetry, oil trading room, oil trading alerts, simple, intraday, trading strategy