Tag: Intraday
Simple Crude Oil Intraday Trading Strategy – Trading Bullish Trend Line Resistance Break-Out. #OOTT $CL_F $USO #CrudeOilTradingStrategies
Trading the Trend Line Break-Out for an Intra-Day Run-Up of 200 Points Happened Today in Oil Markets.
Below is a Step by Step Simple Guide of How To Trade this Strategy in Crude Oil.
Today crude oil broke out bullish in intra day trade of a trend line resistance. This simple step by step guide will help you get the big wins when they count.
I didn’t take the trade. I had alerted the trade set up to our oil trading room members on the alerts feed, and DID NOT TAKE THE TRADE, ugh.
But, not every trader takes every trade.
Below is a screen capture of the oil trading alerts feed – one of the intraday communications to our members about the intraday bullish set-up developing.
“So what I’m saying is I don’t think intra day shorting is a best practice idea while this possible squeeze is threatening shorts, it could be very bad for shorts, especially with a blow off in to 30 31s possible, see upper arches (gray).”
Below are the tips and steps for you to follow.
Part 1 of this article explains the conventional charting for this set up and how to trade the basics of the strategy.
Part 2 provides further technical insight for our oil trading room and alert members – it will be sent out to members in about an hour. Part 2 also includes algorithmic levels, price extensions, Fibonacci levels, price targets and time cycles.
First, lets look at the trend line set-up trade on an oil chart.
CHART – Simple Crude Oil Intraday Trading Strategy
Steps to Trade an Intra Day Crude Oil Trend-Line Break Out:
- Chart the Set-up.
- Oil traders should be constantly charting trend lines on whatever time-frame they are trading. In this instance I charted the trend line resistance on a one hour chart.
- Three Possible Trade Scenarios When Price Breaks Out.
- The break out fails. This is possible so be sure to use stops or reverse your trade if the break out of resistance fails.
- 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 trendline then you have to be prepared to take the trade long and go with price action.
- 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).
- Trade Price Action.
- In this example, crude oil price intraday broke out of the trend line resistance and then retested the level and then continued for a bullish 200 point run up in price. When the retest happened and support held, this was your golden opportunity for massive gains to your P&L.
So that is what a simple strategy in crude oil intraday trading looks like.
It comes down to always be charting your intraday price action and learning how these set-ups work. And then simply managing your trade execution with trade size management, technical levels, stops and sound thinking.
As a last side-note, I will say that ideally you want to get the trade started at the support of the actual structure of the set-up (as shown in the EPIC tweet below), however, this is more advanced and I will discuss in detail in Part 2 of this article.
Power of trend line price breakouts from a trading structure support, crude oil intraday near 200 points from oil trade alert buys earlier #OOTT $CL_F $USO #oiltradealerts EPIC V3.1.1 software was in deep at 24/30 size in position trading, very large size. Lead trader was also.
https://twitter.com/EPICtheAlgo/status/1260875628502491143
This trade set-up strategy was the day after the EIA report on Wednesday, for other simple intraday strategies visit our website. For a more in depth look at intraday crude oil trading strategies try this article (click here).
VIDEO – Simple Crude Oil Intraday Trading Strategy – Trading Trend Line Resistance Break. #OOTT $CL_F $USO $UCO $SCO
Thanks for joining us in our trading journey, we endeavor to build the best winning oil trading alerts and oil trading room service for oil traders.
Part 2 of this article is here:
Any questions please send me a note via email [email protected].
Thank you.
Curt
Further Learning:
If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.
Welcome to NYMEX WTI Light Sweet Crude Oil Futures.
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Article Topics; simple oil, intraday, strategies, trend line, break outs, trade, day trading, crude oil, trade alerts.
Swing Trading (Short Term Trades) Profit Loss Annualized 2,437.96%. April 3 – June 28, 2017. $17,354.69-$37,713.16 . #swingtrading #tradealerts
Swing Trade (Short Term Trades) Profit & Loss Annualized ROI 2,437.96% April 3 – June 28, 2017. $17,354.69 – $37,713.16 as Alerted to Member Private Feed, Trading Room and/or Reporting. #swingtrading #tradealerts #profitloss
- Important Summary Detail:
- Period Return (ROI) = 117.31% (based on this reporting period only)
- Annualized Return (ROI) = 2,437.96% (based on this reporting period only)
- ROI Calculator: https://www.calculator.net/roi-calculator.html?beginbalance=17354.69&endbalance=37713.16&investmenttime=date&investmentlength=2.5&beginbalanceday=04%2F03%2F2017&endbalanceday=06%2F28%2F2017&ctype=1&x=65&y=26
- Swing trades as applicable are announced on mic live and recorded live in live trading room, alerted to private time stamped Twitter feed, private Discord server with push alerts and email. Some trades are detailed further in the regular swing trade reports (as part of the bundle package).
- Links are provided as applicable in the P&L spreadsheet to each alert as it occurred on the member feed for your reference. Live trades can also be viewed on our YouTube channel.
- The P&L results in this series are specific only to actionable “alerted” trade set-ups to members and not all trades executed otherwise by our traders and/or machine trading.
- A historical time stamped spreadsheet of alerts is available on order from Twitter (archives) as applicable, as are all live trading room video archives, broker and financial statements, for audit purposes as required. A number of different accounts and brokers are used for trade executions. None of the results in this series represents machine or futures trading. More detail here: https://compoundtrading.com/disclosure-disclaimer/.
- Study guides (starting late February 2020) outlining each trade set-up, (how the trade was identified and traded with charting) are being made available to applicable members as time allows. For the study guide only subscription click here. As each study guide is released you will receive a copy via email. Bundle members receive the study guides free as part of the bundle package.
- Our swing trade platform is available as subscription (monthly, quarterly, annually) as: One time 50% discount code available for a trial month for new subscribers, use code: “trial50” for a limited time at check-out.
- 1. Alerts. Swing Trade Alerts to Private Twitter Feed and via Email,
- 2. Reports: Ongoing swing trading report articles emailed to members detailing trade set-ups and trade in play,
- 2. Study Guides: Swing Trade Study Guide for in-depth review of select swing trade set-ups and how we traded each set-up.
- 3. Bundled Package: Swing Trading Packaged Bundle Including; Alerts, Study Guides & Reporting.
- 4. Swing Trading Webinar: The next Swing Trading Webinar is Sunday March 1, 2020 7:00 PM – 11:00 PM EST. All registrants receive a video copy after the event if you cannot be in attendance live. The webinar will review each key swing trade from our P&L statements and explain how the trade set-up was identified and executed. Attendees will receive a copy of the charting used to structure the trade. Time will also be allotted to provide attendees with the top watch swing trades for the coming week and month. Non members 100.00, current members 50.00. There is a 25 person room limit. To register for the live swing trade webinar event click here or to receive a video copy of the live event afterward click here.
- 5. Trade coaching is also available one on one with our lead trader via Skype, for trade coaching click here.
- We are currently reconciling all trade profit & loss statements for review (as time allows). Until now P&Ls were produced primarily for the purpose of trading challenges and trader summit and coaching events, so the historical availability until all are reconciled is patchy.
- Because many of the P&Ls were produced during / for trading challenges and trade coaching events there are summary videos of some trades and/ or trading days available on YouTube and/or embedded in the reports below.
- Check our Twitter feeds or blog for regular updates as we publish consolidated reports.
- The current list of available P&Ls is here (remaining dates are in progress now to be released soon):
- Swing Trading Profit Loss – Annualized ROI 1941.91% Feb 1, 2020 – Feb 17, 2020. $200,000.00 – $218,943.00. #swingtrading #tradealerts
- Swing Trading Profit Loss – Annualized ROI 64.45% Jan 1 – Jan 31, 2020. $200,000.00 – $208119.00. #swingtrading #tradealerts
- Swing Trading Profit Loss Annualized 355.22%. March 26 – June 28, 2017. $204,616.60 – $303,443.60. #swingtrading #tradealerts
- Swing Trading (Short Term Trades) Profit Loss Annualized 2,437.96%. April 3 – June 28, 2017. $17,354.69 – $37,713.16 . #swingtrading #tradealerts
- Swing and Day Trading Profit Loss – Annualized 957.90% Dec 26, 2016 – March 26, 2017. $100,000.00 – $180,347.88 . #swingtrading #tradealerts
Swing Trade (Short Term Intra-Day) Profit & Loss Annualized 2,437.96%. April 3 – June 28, 2017. $17354.69-$37713.16
| Date | Long or Short | Symbol | Shares | Buying Price | Selling Price | Profit/Loss | Running P/L |
| April 3, 2017 | LONG | $XIV | 500 | 71.26 | 71.19 | -35 | 17354.69 |
| April 3, 2017 | LONG | $XIV | 500 | 71.13 | 71.19 | 30 | 17384.69 |
| April 3, 2017 | LONG | $AKTS | 1000 | 11.56 | 11.72 | 160 | 17544.69 |
| April 3, 2017 | LONG | $AKTS | 1000 | 12.16 | 11.9 | -260 | 17284.69 |
| April 3, 2017 | LONG | $AKTS | 1000 | 12.57 | 11.9 | -670 | 16614.69 |
| April 3, 2017 | LONG | $XIV | 500 | 71.63 | 72.6 | 485 | 17099.69 |
| April 3, 2017 | LONG | $XIV | 500 | 71.99 | 72.6 | 305 | 17404.69 |
| April 3, 2017 | LONG | $XIV | 500 | 72.27 | 72.6 | 165 | 17569.69 |
| April 3, 2017 | LONG | $XIV | 1000 | 72.34 | 72.6 | 260 | 17829.69 |
| April 4, 2017 | LONG | $GNCMA | 500 | 32.12 | 33.3 | 590 | 18419.69 |
| April 4, 2017 | LONG | $GNCMA | 500 | 32.39 | 33.3 | 455 | 18874.69 |
| April 4, 2017 | LONG | $GNCMA | 1000 | 33.18 | 33.3 | 120 | 18994.69 |
| April 5, 2017 | LONG | $CGI | 1000 | 5.26 | 5.26 | 0 | 18994.69 |
| April 5, 2017 | LONG | $PLUG | 1000 | 2.26 | 2.26 | 0 | 18994.69 |
| April 5, 2017 | LONG | $PLUG | 4000 | 2.24 | 2.265 | 100 | 19094.69 |
| April 5, 2017 | LONG | $PLUG | 5000 | 2.293 | 2.292 | -5 | 19089.69 |
| April 6, 2017 | LONG | $AKTX | 1000 | 14.22 | 14.9 | 680 | 19769.69 |
| April 6, 2017 | LONG | $AKTX | 1000 | 14.68 | 14.9 | 220 | 19989.69 |
| April 6, 2017 | LONG | $HGTM | 5000 | 7.16 | 7.39 | 1150 | 21139.69 |
| April 6, 2017 | LONG | $HGTM | 5000 | 7.46 | 7.34 | -600 | 20539.69 |
| April 6, 2017 | LONG | $HGTM | 5000 | 7.26 | 7.39 | 650 | 21189.69 |
| April 6, 2017 | LONG | $HGTM | 5000 | 7.77 | 7.9 | 650 | 21839.69 |
| April 9, 2017 | LONG | $CLNT | 1000 | 8.14 | 7.99 | -150 | 21689.69 |
| April 18, 2017 | LONG | $IDXG | 1000 | 3.56 | 4.13 | 570 | 22259.69 |
| April 18, 2017 | LONG | $IDXG | 1000 | 4.07 | 4.13 | 60 | 22319.69 |
| April 19, 2017 | LONG | $SNGX | 1000 | 4.51 | 4.83 | 320 | 22639.69 |
| April 19, 2017 | LONG | $SNGX | 3000 | 4.57 | 4.83 | 780 | 23419.69 |
| April 26, 2017 | LONG | $AKBA | 1000 | 13.01 | 13.56 | 550 | 23969.69 |
| April 26, 2017 | LONG | $AKBA | 1000 | 13.295 | 13.56 | 265 | 24234.69 |
| April 26, 2017 | LONG | $AKBA | 1000 | 13.515 | 13.56 | 45 | 24279.69 |
| April 27, 2017 | LONG | $MTBC | 10000 | 2.018 | 2.01 | -80 | 24199.69 |
| April 27, 2017 | LONG | $MTBC | 10000 | 2.106 | 2.01 | -960 | 23239.69 |
| April 28, 2017 | LONG | $BCEI | 5000 | 97.5 | 97.49 | -50 | 23189.69 |
| May 1, 2017 | LONG | $MTBC | 1000 | 2.32 | 2.56 | 240 | 23429.69 |
| May 1, 2017 | LONG | $MTBC | 3000 | 2.41 | 2.56 | 450 | 23879.69 |
| May 2, 2017 | LONG | $ELED | 21000 | 0.0462 | 0.05294 | 141.54 | 24021.23 |
| May 2, 2017 | LONG | $ANGIE | 800 | 9.63 | 9.28 | -280 | 23741.23 |
| May 2, 2017 | LONG | $ELED | 175999 | 0.051 | 0.05294 | 341.43806 | 24082.66806 |
| May 3, 2017 | LONG | $TWLO | 800 | 24.98 | 25.59 | 488 | 24570.66806 |
| May 4, 2017 | LONG | $FNBC | 10000 | 0.4 | 0.443 | 430 | 25000.66806 |
| May 4, 2017 | LONG | $FNBC | 10000 | 0.454 | 0.443 | -110 | 24890.66806 |
| May 4, 2017 | LONG | $FNBC | 10000 | 0.5 | 0.61 | 1100 | 25990.66806 |
| May 4, 2017 | LONG | $FNBC | 10000 | 0.52 | 0.59 | 700 | 26690.66806 |
| May 4, 2017 | LONG | $FNBC | 10000 | 0.63 | 0.63 | 0 | 26690.66806 |
| May 4, 2017 | LONG | $FNBC | 10000 | 0.685 | 0.783 | 980 | 27670.66806 |
| May 4, 2017 | LONG | $FNBC | 20000 | 0.81 | 0.77 | -800 | 26870.66806 |
| May 4, 2017 | LONG | $APHB | 1000 | 4.61 | 4.41 | -200 | 26670.66806 |
| May 5, 2017 | LONG | $TVIX | 800 | 28.47 | 28.6 | 104 | 26774.66806 |
| May 8, 2017 | LONG | $HOTR | 2000 | 0.63 | 0.73 | 200 | 26974.66806 |
| May 8, 2017 | LONG | $AXSM | 1000 | 4.64 | 4.89 | 250 | 27224.66806 |
| May 8, 2017 | LONG | $INPX | 5000 | 4.01 | 4.22 | 1050 | 28274.66806 |
| May 9, 2017 | LONG | $CLNT | 1000 | 5.228 | 5.94 | 712 | 28986.66806 |
| May 9, 2017 | LONG | $CLNT | 1000 | 5.58 | 5.94 | 360 | 29346.66806 |
| May 9, 2017 | LONG | $UWT | 1800 | 13.85 | 14.24 | 702 | 30048.66806 |
| May 10, 2017 | LONG | $PRTO | 1000 | 2.05 | 2.29 | 240 | 30288.66806 |
| May 10, 2017 | LONG | $MTBC | 1000 | 3.24 | 3.49 | 250 | 30538.66806 |
| May 11, 2017 | LONG | $XIV | 350 | 77.53 | 78.04 | 178.5 | 30717.16806 |
| May 11, 2017 | LONG | $USLV | 500 | 11.4 | 11.69 | 145 | 30862.16806 |
| May 12, 2017 | LONG | $TCCO | 1000 | 4.22 | 3.72 | -500 | 30362.16806 |
| May 12, 2017 | LONG | $SNAP | 1300 | 19.28 | 19.35 | 91 | 30453.16806 |
| May 18, 2017 | LONG | $XIV | 200 | 69.34 | 71.03 | 338 | 30791.16806 |
| May 19, 2017 | LONG | $CALA | 500 | 15.55 | 16.2 | 325 | 31116.16806 |
| May 22, 2017 | LONG | $MOMO | 200 | 42.48 | 42.92 | 88 | 31204.16806 |
| May 23, 2017 | LONG | $ETRM | 1000 | 5.6 | 5.9 | 300 | 31504.16806 |
| May 23, 2017 | LONG | $X | 1400 | 20.59 | 20.59 | 0 | 31504.16806 |
| May 24, 2017 | LONG | $UWT | 500 | 18.81 | 19.36 | 275 | 31779.16806 |
| June 1, 2017 | LONG | $DRRX | 500 | 1.37 | 1.36 | -5 | 31774.16806 |
| June 5, 2017 | LONG | $VHC | 1000 | 4.77 | 4.75 | -20 | 31754.16806 |
| June 6, 2017 | LONG | $CTC | 1000 | 3.12 | 3.27 | 150 | 31904.16806 |
| June 9, 2017 | LONG | $DCTH | 100000 | 0.0761 | 0.0761 | 0 | 31904.16806 |
| June 9, 2017 | LONG | $DXTR | 10000 | 0.2 | 0.2 | 0 | 31904.16806 |
| June 12, 2017 | LONG | $GTXI | 5000 | 5.26 | 5.48 | 1100 | 33004.16806 |
| June 12, 2017 | LONG | $NK | 5000 | 5 | 5.24 | 1200 | 34204.16806 |
| June 16, 2017 | LONG | $USLV | 1000 | 12.07 | 12.07 | 0 | 34204.16806 |
| June 16, 2017 | LONG | $SRNE | 2000 | 2.18 | 2.08 | -200 | 34004.16806 |
| June 19, 2017 | LONG | $ZN | 5000 | 2.68 | 3.47 | 3950 | 37954.16806 |
| June 19, 2017 | LONG | $ZN | 5000 | 3.13 | 3.47 | 1700 | 39654.16806 |
| June 19, 2017 | LONG | $ZN | 5000 | 3.265 | 3.47 | 1025 | 40679.16806 |
| June 19, 2017 | LONG | $ZN | 5000 | 3.64 | 3.64 | 0 | 40679.16806 |
| June 21, 2017 | LONG | $DWT | 400 | 39.83 | 40.24 | 164 | 40843.16806 |
| June 21, 2017 | LONG | $TTOO | 2000 | 4.37 | 4.48 | 220 | 41063.16806 |
| June 26, 2017 | LONG | $MARA | 6000 | 5.15 | 4.75 | -2400 | 38663.16806 |
| June 27, 2017 | LONG | $UWT | 500 | 11.61 | 11.61 | 0 | 38663.16806 |
| June 28, 2017 | LONG | $CBI | 500 | 22.54 | 22.54 | 0 | 38663.16806 |
| June 28, 2017 | LONG | $MBRX | 5000 | 3.31 | 3.12 | -950 | 37713.16806 |
Realized Gains: $28,598.48
Realized Losses: $8,240.00
If you need some trade coaching go to our website and register for a minimum 3 hours.
Email me as needed [email protected].
Thanks,
Curt
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