Compound Trading Premarket Trading Plan & Watch List Thursday June 21, 2018.
In this edition: OPEC, OIL, $YTEN, $DRI, $KR, $SRPT, $MU, $DRI, $KR, $CASI, $TRUP, $VERI, $LITE, $HRTX, $MBRX, $LMNR, $INFN, $GOOGL, $AGN, $FB, $EXP, $LPSN, $SENS, $BOX, $PCRX, GOLD, $GDX, $DXY, $SPY and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notices:
Notes in red text below are newer comments recently important.
The rest of the weekly reports go out Thursday evening, a number of swing reports, VIX, DXY and Silver are left for this week.
Sept 14 – 16 Trade Coaching Event. Learn how to trade or take your trading to the next level with our lead trader at our newest trade coaching boot camp to be held in Cabarete Beach, Dominican Republic.
Our Question and Answer Page has been updated for those asking about our services and platform options (with a recent inquiry example) here
Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Applicable members will begin to receive notice as sessions commence.
Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).
BE SURE to get in to each private Discord server specific to your subscription (bundle subscription) – many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also. IF YOU NEED A LINK / INVITE email us.
Real-time Alerts:
Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
$YTEN Yield10 Researchers Publish Research in Plant Cell Reports Describing the Development of its Camelina Platform as a Model Crop for Novel Yield Trait Discovery
$CASI CASI Pharmaceuticals strategic partnering and contract manufacturing agreement with Yiling Wanzhou International Pharmaceuticals for Entecavir and Cilostazol.
Heron Therapeutics shares surge 33% after positive FDA response to pain treatment
$HMNY Helios and Matheson Analytics Inc. Enters Into Agreement to Issue $164 Million in Convertible Notes
Recent SEC Filings:
Recent IPO’s:
IPO Outlook For The Week: Pharma, Pharma And More Pharma https://benzinga.com/z/11882630 $EIDX $APTX $AVRO $ECOR $EPRT $IIIV $MGTA $XERS $DDOC
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
Please refer to the date on the top of each chart (they are often carried forward).
EAGLE BUILDING MATERIALS (EXP) Trading 111.05 trending toward 117.75 Nov 2, 2018 price target. $EXP #swingtrading
May 20 – EAGLE BUILDING MATERIALS (EXP) Trading 111.05 trending toward 117.75 Nov 2, 2018 price target. $EXP #swingtrading
ALPHABET (GOOGL) Swing trade setup has been going well. 1213.50 July 3 price target in play. $GOOGL #swingtrading
ALPHABET (GOOGL) Swing trade setup has been going well. 1213.50 July 3 price target in play. $GOOGL #swingtrading
LIVEPERSON (LPSN) Our $LPSN swing continues 24 intra – over 23.80 targets 24.60, 25.05, 25.90 main resistance. #swingtrading
LIVEPERSON (LPSN) Our $LPSN swing continues 24 intra – over 23.80 targets 24.60, 25.05, 25.90 main resistance. #swingtrading
ALLERGAN (AGN) swing trade continues – trading 176.55, over 174.76 targets 180.28, then 184.62 main resistance Aug 13. $AGN #swingtrading
ALLERGAN (AGN) swing trade continues – trading 176.55, over 174.76 targets 180.28, then 184.62 main resistance Aug 13. $AGN #swingtrading
PACIRA (PCRX) swing trade continues trading 39.40 – over 39.65 tragets 40.50 then 41.80 main resistance. $PCRX #swingtrading
PACIRA (PCRX) swing trade continues trading 39.40 – over 39.65 tragets 40.50 then 41.80 main resistance. $PCRX #swingtrading
FACEBOOK (FB) swing trade on schedule and target trading 201.15 – over 201.80 bullish targets 202.41 206.58 main 209.97 June 21 or July 6 $FB #swingtrading
FACEBOOK (FB) swing trade on schedule and target trading 201.15 – over 201.80 bullish targets 202.41 206.58 main 209.97 June 21 or July 6 $FB #swingtrading
150s to 201s Boom $FB We’re in from the 150 s on that great wash-out snap back swing trade set-up trading 201.74 #swingtrading #snapbacktrade #learntotradefear
150s to 201s Boom $FB We’re in from the 150 s on that great wash-out snap back swing trade set-up trading 201.74 #swingtrading #snapbacktrade #learntotradefear
INTRA CELLULAR (ITCI) Trading at key support (mid quad Fib) watch for directional swing trade to next target $ITCI #swingtrading
INTRA CELLULAR (ITCI) Trading at key support (mid quad Fib) watch for directional swing trade to next target $ITCI #swingtrading
3rd target hit. Trade thesis complete for #EIA. Next levels to follow. Oil Algorithm (EPIC). June 20 1148 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
3rd target hit. Trade thesis complete for #EIA. Next levels to follow. Oil Algorithm (EPIC). June 20 1148 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
1st & 2nd price target areas on trade alert hit early. most trimmed 65.90s. Oil Algorithm (EPIC). June 18 201 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
1st & 2nd price target areas on trade alert hit early. most trimmed 65.90s. Oil Algorithm (EPIC). June 18 201 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
SENSEONICS (SENS) swing trade is targeting most bullish apex of quad, trim in to resistance add above. $SENS #swingtrading
SENSEONICS (SENS) swing trade is targeting most bullish apex of quad, trim in to resistance add above. $SENS #swingtrading
BOX INC (BOX) Resistance trim in to 28.32 and add above to 30.00 area res. $BOX #Swingtrading
BOX INC (BOX) Resistance trim in to 28.32 and add above to 30.00 area res. $BOX #Swingtrading
SP500 (SPY) Chart with trendlines to watch – MACD to likely turn down today. June 18 649 AM $SPY $ES_F $SPXL $SPXS #SPY #Chart
SP500 (SPY) Chart with trendlines to watch – MACD to likely turn down today. June 18 649 AM $SPY $ES_F $SPXL $SPXS #SPY #Chart
$GDX remains range bound but a tad divergent to bear side. $NUGT $DUST $JDST $JNUG
$GDX remains range bound but a tad divergent to bear side. $NUGT $DUST $JDST $JNUG
Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm
US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm
VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility
VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility
Market Outlook, Market News and Social Bits From Around the Internet:
Five Things You Need to Know to Start Your Day Get caught up on what’s moving markets.
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channeland at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Live Trading Room & Premarket Reporting:
Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Applicable members will begin to receive notice as sessions commence.
Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).
Real-time Alerts:
Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Private Discord Server Reporting and Next Gen Algorithms:
BE SURE to get in to each private Discord server specific to your subscription (bundle subscription) as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email us.
Connect with us on Discord.
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
As of 8:03 AM: US Dollar $DXY trading 95.23, Oil FX $USOIL ($WTI) trading 64.72, Gold $GLD trading 1271.51, Silver $SLV trading 16.4, $SPY 274.00, Bitcoin $BTC.X $BTCUSD $XBTUSD 6722.50 and $VIX trading 14.3.
Momentum Stocks to Watch: $GEVO $FMI $NEPT $PLM
$ASTC premarket trading 4.20 up 120% on news 1st Detect Announces TRACER 1000 Accepted into European Evaluation Process for Security Screening… https://finance.yahoo.com/news/1st-detect-announces-tracer-1000-110500091.html?soc_src=social-sh&soc_trk=tw via @YahooFinance
$ASTC premarket trading 4.20 up 120% on news 1st Detect Announces TRACER 1000 Accepted into European Evaluation Process for Security Screening… https://t.co/pADWECRCOi via @YahooFinance
Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm
US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm
VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility
VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility
Market Outlook, Market News and Social Bits From Around the Internet:
Five Things You Need to Know to Start Your Day Get caught up on what’s moving markets.
#5things -Trade war heats up -Markets fall -OPEC’s other problem -Brexit vote(s) -ZTE plunge https://bloom.bg/2K1JL4C
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channeland at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
— Seeking Alpha Market News (@MarketCurrents) June 19, 2018
(6) Recent Downgrades:
RedHat stock falls after Raymond James downgrade
Snap stock falls after Cowen cuts estimates on daily active user, ad revenue concerns
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
Compound Trading Premarket Trading Plan & Watch List Monday June 18, 2018.
In this edition: $CVX, $AAPL, $JD, $MLNX, $UL, Oil, $DXY and more.
Welcome to the morning Wall Street trading day session at Compound Trading.
Notices:
Notes in red text below are newer comments recently important.
Note #1 – Some of the reporting will not be out until later Monday evening. On weeks that we have to allow for chart data resets (such as this week) it can take a day or two to get them all out. And as I noted in Discord, even though we have coding techs now processing, I still need to review and approve each entry on each report.
Note #2 – Everyone should have invoicing reconciliation from Jen (I’ve reviewed her work and sent back to her for execution). If you do not receive such be sure to contact her [email protected] for uninterrupted service. Thanks.
Note #3 – If you’re participating on the public (free) side of chat room, rule 1 is one trade idea posted per month per attendee minimum (does not apply to current premium members)…. Jen will be asking folks politely to exit the room in non compliance beginning this week. It doesn’t do anyone any good to have squatters. Other rooms are more amenable to that.
Note #4 – Daytrading room, webinars etc will be much more active starting sometime this week (now that coding team is in the flow and know), and more so in to next week – watch for notices. Daytrading is under new protocols, so if you are unaware and wish to attend (as a premium paid member) you will receive email notice prior to each session. Webinars are different in that they will be various and will include both premium and free sessions. Watch for notices.
If you missed it…. here’s a summary of what I think is important to watch this week for any bias (except crypto) https://twitter.com/curtmelonopoly/status/1008402052337356800
Our Question and Answer Page has been updated for those asking about our services and platform options (with a recent inquiry example) here
Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Live Trading Room & Premarket Reporting:
Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Next sessions recommence week of Monday June 4, 2018 as coding team is preparing new environment. Applicable members will begin to receive notice as sessions commence.
Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).
Real-time Alerts:
Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
Private Discord Server Reporting and Next Gen Algorithms:
BE SURE to get in to each private Discord server specific to your subscription (bundle subscription) as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email us.
Connect with us on Discord.
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Stocks making the biggest moves premarket: CVX, AAPL, JD, MLNX, UL & more –
Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). Oil trendlines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily). K.I.S.S. chart MACD still turned down price under 100 MA. June 18 143 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm
US Dollar Index (DXY) Shorts MAY get some reprieve soon, but this move is structured – get out of its way until it isn’t. $DXY #algorithm
VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility
VOLATILITY S&P INDEX (VIX) Time cycle concludes approx July 16, 2018 on large weekly structure. Moves probable in to and out of that timing. $VIX #volatility
Market Outlook, Market News and Social Bits From Around the Internet:
Five Things You Need to Know to Start Your Day Get caught up on what’s moving markets.
U.S.-China trade worries take center stage! Here are the top five things you need to know in financial markets today: https://www.investing.com/news/economy-news/top-5-things-to-know-in-the-market-on-monday-1496278 … #stockstowatch #Finance #Traders #StockMarket
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channeland at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are near 300 in total in development at various stages for all markets).
NOTICES:
New members to our oil trading algorithm charting model can on-board in a way that best equips you to be profitable.
Visit my Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent oil algorithm blog posts, our You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website (it explains how the oil algorithm was developed). Reviewing those important points of reference will increase your chance of success considerably. In this report, some recent example “how-to” videos are included also.
Oil Trade Coaching – Users of this algorithmic oil charting model may opt for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader. On our website standard one-on-one online coaching packages are made available (coaching via Skype) or you can request a customized package (reflecting the time you wish to invest in learning). To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars and private on location (in person) coaching sessions.
Oil Trading – How to Use the Oil Algorithm
Oil Trading – How to Trade Intra-day with my Algorithmic Charting
MULTI-USERS: Institutional / commercial platform now available.
SOFTWARE: My algorithmic charting is planned to go to developer coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and/or this blog.
HOW MY ALGORITHM WORKS: I am an oil algorithm model 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 integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency robot type algorithm – I am presented 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.
Below you will find simplified levels represented on a traditional chart (both intra-day and as a swing trader or investor). This work (and associated trade) 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 in the private Discord oil trade room server.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.
Oil Algorithm Observations:
Below is the link for the live chart version of EPIC the Oil Algorithm. The charting is a real-time trading chart represented on FX $USOIL $WTI published June 18, 2018.
Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:
Oil Algorithm (EPIC). Current trade. June 18 112 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Current trade. June 18 112 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
June 18, 2018
The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below).
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.32 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 61.71 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades). Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.
The lower trading range is 58.13 to 61.71.
The upper trading range is 65.32 to 68.93.
Trading Bias / Forward Guidance: Current bias for the week is a downtrend in channel unless upper trendline (orange) in downtrend is breached.
Current (as of June 18, 2018) MACD is still trending down on the daily oil chart.
Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).
Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.
Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.
Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.
Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.
Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends. In recent time trade could be described as range-bound.
The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).
Intra-day Trading Bias
Currently no bias is formed intra day. Will watch for a confirmation on model for downtrend or uptrend channel.
Wide Trading Range – Buy and Sell Triggers for Swing Trading Oil:
Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades in the lower region are between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54 and 72.54 to 76.15. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.
Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).
Oil Algorithm (EPIC). Down trend channel. June 18 123 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Down trend channel. June 18 123 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Up trend channel. June 18 122 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Up trend channel. June 18 122 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Swing Trade Considerations.
Monthly oil chart:
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 18 127 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 18 127 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per recent;
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 11 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 11 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per recent;
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Weekly Oil Chart:
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Simple Weekly Gen 1 Model. Trade failing 20 MA and Fibonacci support test. June 18 132 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Per recent;
Oil Algorithm Model (Weekly – Gen 1). 20 MA and Fibonacci support test still in progress. June 11 207 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Model (Weekly – Gen 1). 20 MA and Fibonacci support test still in progress. June 11 207 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
May 21 – A feature post was published this week to review time cycles, retrace possibilities on the other side of time cycles on the weekly charts. Below is the post link:
Oil Chart (Daily). K.I.S.S. chart has MACD still turned down price on 100 MA. June 11 203 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Diagonal Trend Lines:
Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).
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 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 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 chart below:
Oil Chart (Weekly). Oil trend lines on weekly time-frame. June 18 146 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). Oil trendline chart on weekly time-frame. June 11 201 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per previous:
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Previous posts for perspective;
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
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.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.
Recent Live Oil Trade Alerts:
June 18 – Alerts section will be updated soon.
June 11 – Alerts section will be updated soon.
June 4 – Will update the alerts section soon.
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
May 29 – Will update the alerts section soon.
May 21 – Will update the alerts section soon.
May 13 – Will update the alerts section soon.
April 29 – I will update the trade alerts on the next report when there is more time. The bottom line is that since last report the trades have been fantastic winners.
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL $WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CT
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL$WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CTpic.twitter.com/PJuxQw9nqZ
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Just noticed I accidentally put the short side trade alert on my personal twitter feed https://twitter.com/curtmelonopoly/status/986147196658647040 … “Oil short side bias trade setup intra trading 66.47 with 66.20 target expiring btwn 230 and 630 AM ET. Tight stop SS initial alert. Unclear at this point.”
Trading 66.30 from 66.47 entry nearing 66.20 SS target – trim short bias
Trading 66.24 cover trim on way to target
There it is – 66.20 intra day short target reached – bias to all or near all cover here from 66.47 intra scalp alert.
Oil short side trade intra set-up on watch at top of quad.
Per recent;
“Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT”
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
The alert detail as it was posted on feed. Short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Summary of short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo https://www.tradingview.com/chart/USOIL/yi9JI683-Summary-of-short-side-trade-alert-EPIC-Oil-Algorithm-Chart-Model/ …
June 18 – Target hits section will be updated soon.
June 4 – Will update target hits section soon.
May 29 – Will update target hits section soon.
May 21 – Will update target hits section soon.
May 13 – Will update target hits section soon.
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Keep in mind that there are three price targets per week for down channel and up channel scenarios. Below are examples of targets hit to upside channel or down channel.
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Tues Mar 6 price target perfect hit to minute and penny as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
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.
Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of six primary Algorithmic Chart Model services in development at Compound Trading Group (there are near 300 in total in development at various stages).
NOTICES:
New members to our oil trading algorithm charting model can on-board in a way that best equips you to be profitable.
Visit my Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent oil algorithm blog posts, our You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website (it explains how the oil algorithm was developed). Reviewing those important points of reference will increase your chance of success considerably. In this report, some recent example “how-to” videos are included also.
Oil Trade Coaching – Users of this algorithmic oil charting model may opt for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader. On our website standard one-on-one online coaching packages are made available (coaching via Skype) or you can request a customized package (reflecting the time you wish to invest in learning). To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars and private on location and in-person coaching sessions.
Oil Trading – How to Use the Oil Algorithm
Oil Trading – How to Trade Intra-day with my Algorithmic Charting
MULTI-USERS: Institutional / commercial platform now available.
SOFTWARE: My algorithmic charting is planned to go to developer coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and/or this blog.
HOW MY ALGORITHM WORKS: I am an oil algorithm model 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 robot type algorithm – I am presented 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.
Below you will find simplified levels represented on a traditional chart (both intra-day and as a swing trader or investor). This work (and associated trade) 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 in the private Discord oil trade room server.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.
Oil Algorithm Observations:
Below is the link for the live chart version of EPIC the Oil Algorithm. The charting is a real-time trading chart represented on FX $USOIL $WTI published June 11, 2018.
Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:
Oil Algorithm (EPIC). Current trade. June 11 129 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
June 11, 2018
The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below).
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 68.93 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 65.32 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades). Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.
The lower trading range is 61.71 to 65.32
The upper trading range is 68.93 to 72.54
Trading Bias / Forward Guidance: Watching support land resistance levels – trade is indecisive at this point. Some charts below given reason for a long bias and some for a short bias.
Currently (as of June 11, 2018) MACD is still trending down on the daily oil chart.
Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).
Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.
Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.
Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.
Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.
Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends. In recent time trade could be described as range-bound.
The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).
Intra-day Trading Bias
Currently no bias is formed. Will watch for a confirmation on model for downtrend or uptrend channel.
Wide Trading Range – Buy and Sell Triggers for Swing Trading Oil:
Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades in the lower region are between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54 and 72.54 to 76.15. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.
Or trade the range between the channel diagonal lines at support and resistance in up or down channel.
Oil Algorithm (EPIC). Up trending channel. June 11 130 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Up trending channel. June 11 130 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Down trending channel. June 11 131 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Down trending channel. June 11 131 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Swing Trade Considerations.
Monthly oil chart:
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 11 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade under 200 MA under pivot but 20 MA about to breach 50 MA – indecisive. June 11 157 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per recent;
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil trade in sell-off bounced off 200 MA on Monthly Chart as support for now. $USOIL $WTI $USO #OIL #OilTrading
Weekly Oil Chart:
Oil Algorithm Model (Weekly – Gen 1). 20 MA and Fibonacci support test still in progress. June 11 207 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Model (Weekly – Gen 1). 20 MA and Fibonacci support test still in progress. June 11 207 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Per recent;
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Chart (Weekly). SImple Fibonacci work suggests 64.50 support and 69.53 resistance are key . June 3 1037 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). SImple Fibonacci work suggests 64.50 support and 69.53 resistance are key . June 3 1037 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
May 21 – A feature post was published this week to review time cycles, retrace possibilities on the other side of time cycles on the weekly charts. Below is the post link:
Oil Chart (Daily). K.I.S.S. charting says short bias since MACD turned May 22, 2018. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Diagonal Trend Lines:
Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).
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 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 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 chart below:
Oil Chart (Weekly). Oil trendline chart on weekly time-frame. June 11 201 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per previous:
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
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
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.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.
Recent Live Oil Trade Alerts:
June 11 – Alerts section will be updated soon.
June 4 – Will update the alerts section soon.
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
May 29 – Will update the alerts section soon.
May 21 – Will update the alerts section soon.
May 13 – Will update the alerts section soon.
April 29 – I will update the trade alerts on the next report when there is more time. The bottom line is that since last report the trades have been fantastic winners.
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL $WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CT
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL$WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CTpic.twitter.com/PJuxQw9nqZ
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Just noticed I accidentally put the short side trade alert on my personal twitter feed https://twitter.com/curtmelonopoly/status/986147196658647040 … “Oil short side bias trade setup intra trading 66.47 with 66.20 target expiring btwn 230 and 630 AM ET. Tight stop SS initial alert. Unclear at this point.”
Trading 66.30 from 66.47 entry nearing 66.20 SS target – trim short bias
Trading 66.24 cover trim on way to target
There it is – 66.20 intra day short target reached – bias to all or near all cover here from 66.47 intra scalp alert.
Oil short side trade intra set-up on watch at top of quad.
Per recent;
“Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT”
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
The alert detail as it was posted on feed. Short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Summary of short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo https://www.tradingview.com/chart/USOIL/yi9JI683-Summary-of-short-side-trade-alert-EPIC-Oil-Algorithm-Chart-Model/ …
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Keep in mind that there are three price targets per week for down channel and up channel scenarios. Below are examples of targets hit to upside channel or down channel.
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Tues Mar 6 price target perfect hit to minute and penny as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
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.
Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Live Trading Room & Premarket Reporting:
Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Next sessions recommence week of Monday June 4, 2018 as coding team is preparing new environment. Applicable members will begin to receive notice as sessions commence.
Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).
Real-time Alerts:
Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email us.
Connect with us on Discord.
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Stocks making the biggest moves premarket: HPQ, SIG, CI, TWTR, AMBA & more
Stocks making the biggest moves premarket: HPQ, SIG, CI, TWTR, AMBA & more https://t.co/ZvM31Mb05S
— Curtis Melonopoly (@curtmelonopoly) June 6, 2018
— Curtis Melonopoly (@curtmelonopoly) June 4, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
Please refer to the date on the top of each chart.
If AQMS gets over 50 MA (purple) on Weekly chart targets 9.38 Aug 13, 2018. Bullish scenario.
AQMS over 50 MA (purple) on Weekly chart targets 9.38 Aug 13, 2018. Bullish scenario.
Volatility Index (VIX). Weekly chart suggests mid July time cycle peak could bring long side RR adv soon. $VIX #chart #symmetry
Volatility Index (VIX). Weekly chart suggests mid July time cycle peak could bring long side RR adv soon. $VIX #chart #symmetry
Markets are so machine controlled now 15 of 19 of these symmetrical targets $SLV $USLV $DSLV #Silver #Chart #Symmetry
Markets are so machine controlled now 15 of 19 of these symmetrical targets $SLV $USLV $DSLV #Silver #Chart #Symmetry
US Dollar Index (DXY). Algorithm structure in play on daily chart. Trade inside geometric structure (red). #algorithm $DXY #Chart
US Dollar Index (DXY). Algorithm structure in play on daily chart. Trade inside geometric structure (red). #algorithm $DXY #Chart
LITHIUM AMERICAS CORP (LAC). Primary range support today, bounce, test 20 MA res, targets 7.80 Jan1 trading 5.54 intra. $LAC #swingtrading
LITHIUM AMERICAS CORP (LAC). Primary range support today, bounce, test 20 MA res, targets 7.80 Jan1 trading 5.54 intra. $LAC #swingtrading
APPLIED OPTOELECTRONICS (AAOI). Flexing structured move again today. Charting in advance of move – not after. Think GPS. $AAOI #daytrading #swingtrading #towin
APPLIED OPTOELECTRONICS (AAOI). Flexing structured move again today. Charting in advance of move – not after. Think GPS. $AAOI #daytrading #swingtrading #towin
MAXIM INTEGRATED PRODUCTS (MXIM) Short side trade went. Bulls in it bounced b4 50 MA weekly. $MXIM #swingtrading
MAXIM INTEGRATED PRODUCTS (MXIM) Short side trade went. Bulls in it bounced b4 50 MA weekly. $MXIM #swingtrading
WYNN RESORTS (WYNN) On watch for washout snapback day and swing trade long as it nears 200 MA on daily. Model to follow. $WYNN #chart
WYNN RESORTS (WYNN) On watch for washout snapback day and swing trade long as it nears 200 MA on daily. Model to follow. $WYNN #chart
Oil Algorithm (EPIC). Thanks for coming out. Perfect price target hit. Boom. June 5 1145 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Thanks for coming out. Perfect price target hit. Boom. June 5 1145 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
$AAPL premarket over 191.44 intra resistance trading 191.67 premarket. Next resistance near 195.00 #daytrading #swingtrading #chart
$AAPL premarket over 191.44 intra resistance trading 191.67 premarket. Next resistance near 195.00 #daytrading #swingtrading #chart
SP500 (SPY) Chart – Trade above moving averages but MACD is turned down on daily. $SPY $ES_F $SPXL $SPXS #SPY #Chart
SP500 (SPY) Chart – Trade above moving averages but MACD is turned down on daily. $SPY $ES_F $SPXL $SPXS #SPY #Chart
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Oil Chart (Daily). K.I.S.S. charting says short bias since MACD turned May 22, 2018. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily). K.I.S.S. charting says short bias since MACD turned May 22, 2018. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Facebook trade – longs should be trimming in to resistance, add above 189.75 for 195.88 June 5 most bullish target. #swingtrading $FB
Facebook trade – longs should be trimming in to resistance, add above 189.75 for 195.88 June 5 most bullish target. #swingtrading $FB
$IBB on the move trading 108.93 with 112.80 Fib and quad wall resistance. #swingtrading
$IBB on the move trading 108.93 with 112.80 Fib and quad wall resistance. #swingtrading
Trading $AAOI – over 49.55 and holds a close has two upside bullish scenarios. Closed at intra res today. #swingtrading
Trading $AAOI – over 49.55 and holds a close has two upside bullish scenarios. Closed at intra res today. #swingtrading
$GOOGL right up against key resistance – trim in and add above to next. #swingtrading #daytrading
$GOOGL right up against key resistance – trim in and add above to next. #swingtrading #daytrading
$IBB daytrading levels 112.38 une 29 likely target on upside move. 109.04 intra resistance. #daytrading
$IBB daytrading levels 112.38 une 29 likely target on upside move. 109.04 intra resistance. #daytrading
$ATHM swing traders need to trim heavy into 114.64 quad wall and Fib test. July 30 mid quad PT 110’s on retrace #swingtrading
$ATHM swing traders need to trim heavy into 114.64 quad wall and Fib test. July 30 mid quad PT 110’s on retrace #swingtrading
Really excited for the huge $AGN time cycle conclusion on or about June 4, 2018. #swingtrading #setups
Really excited for the huge $AGN time cycle conclusion on or about June 4, 2018. #swingtrading #setups
With MACD turn up and testing under 200 MA this is the test. Above 200 MA add to long #GOLD #CHART $GC_F $XAUUSD $GLD
With MACD turn up and testing under 200 MA this is the test. Above 200 MA add to long #GOLD #CHART $GC_F $XAUUSD $GLD
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channeland at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.
(5) Recent Upgrades:
(6) Recent Downgrades:
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
Machine Trading – New Coding Team Mandate: (1) Intelligent Assisted #IA Trading Platform (Code Algorithm Models), (2) Run 24 Hour Crypto Trading Desk, (3) Alert Trade Set-ups to Member Alert Feeds (for all models) and near future (4) Machine Learning. Official announcement to follow.
Live Trading Room & Premarket Reporting:
Main Link and password is emailed to trading room members on a per session basis for daytrading and webinar events (per memorandum May 29, 2018). Next sessions recommence week of Monday June 4, 2018 as coding team is preparing new environment. Applicable members will begin to receive notice as sessions commence.
Premarket report is on a lead trader / trading team availability basis only (the premarket reports are not published every market day).
Real-time Alerts:
Real-time Oil, Swing Trading, Day Trading, Bitcoin are available to subscribers by following specific alert Twitter feeds.
BE SURE to get in to each private Discord server specific to your subscription as many of the updates as we go forward will be posted in there. This includes the SWING TRADING platform also.
IF YOU NEED A LINK / INVITE email us.
Connect with us on Discord.
Recent Blog / Video / Social Posts:
#BitcoinTrading 101: A Beginner’s Guide to Getting Started $BTCUSD $XBTUSD $BTC https://compoundtrading.com/bitcointrading-101-beginners-guide-getting-started-btcusd-xbtusd-btc/ …
How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, $UCO, $SCO, $UWT, $DWT, #OIL, #OOTT: http://youtu.be/hawVV31G9bg?a via @YouTube
How to Use ROSIE Gold Algorithm: #GOLD, $GLD, $XAUUSD, $GDX, $GDXJ, $NUGT, $DUST, $JNUG, $JDST
Recent Chart / Trade Set-Ups:
See You Tube for other recent video posts. Listed from most recent.
I get a lot of Q’s on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://www.youtube.com/watch?v=QrXbE7lojAg&t=3s … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
I get a lot of Q's on How to Trade our models, this vid has 5 min explanation at 1:00 min-6:00 min. https://t.co/oqezvVcn0y … – Fib Trendlines, Trading structure/quads, Price targets, Main support resistance (buy sell triggers), Time cycles, Moving averages, Trading trims/adds.
— Curtis Melonopoly (@curtmelonopoly) May 13, 2018
Trading Plan (Buy, Hold, Sell) Watch Lists. Morning Momentum / Gap / News / PR / IPO / SEC Filings / Earnings Stocks on Watch:
Stocks making the biggest moves premarket: MSFT, FB, DAL, BA, MGM, WHR & morehttps://cnb.cx/2JrDpLn
Stocks making the biggest moves premarket: MSFT, FB, DAL, BA, MGM, WHR & more https://t.co/b4FFIDRSjT
— Curtis Melonopoly (@curtmelonopoly) June 4, 2018
5 Stocks To Watch For June 4, 2018 https://benzinga.com/z/11820021 $ASNA $BIG $DVMT $PANW $NX
As of 8:35 AM: US Dollar $DXY trading 93.71, Oil FX $USOIL ($WTI) trading 65.51, Gold $GLD trading 1296.76, Silver $SLV trading 16.49, $SPY 274.60, Bitcoin $BTC.X $BTCUSD $XBTUSD 7375.00 and $VIX trading 13.6.
Momentum Stocks to Watch:
News:
Palatin shares surge 9% premarket after FDA accepts for review treatment for HSDD
$VSAR Versartis Enters into Merger Agreement with Aravive Biologics to Form a Clinical-Stage Biopharmaceutical Company Advancing Innovative Oncology Therapeutics
$INFI Reports IPI-549 Clinical and Translational Data from Ongoing Phase 1/1b Study #ASCO18
$CUR Announces Publication of Data From First-In-Human Study of Human Neural Stem Cell Transplantation for Chronic Spinal Cord Injury
$VXRT Vaxart Reports Topline Results from Phase 2 Trial of Teslexivir™ for the Treatment of Condyloma
$EIGR Announces HDV Phase 2 Program Oral Presentation and Investigator / Key Opinion Leader Reception for Planned HDV Phase 3 D-LIVR Study at Global Hepatitis Summit 2018™
$CALA Results from Phase 1 Study of CB-839 in Combination with Capecitabine in Advanced Solid Tumors to be Presented at #ASCO18
WEX reaches agreement with Shell for new commercial fleet cards portfolio https://seekingalpha.com/news/3361325-wex-reaches-agreement-shell-new-commercial-fleet-cards-portfolio?source=feed_f … #premarket $WEX
$MYSZ My Size Launches BoxSizeID™ Measurement Technology for Rugged Hand Held Devices to Serve $343 Billion Shipping/Parcel Industry
— Curtis Melonopoly (@curtmelonopoly) June 4, 2018
Trade Set-up Alerts, Charts & Reports. Recent / Current Holds, Open and Closed Trades:
Please refer to the date on the top of each chart.
$AAPL premarket over 191.44 intra resistance trading 191.67 premarket. Next resistance near 195.00 #daytrading #swingtrading #chart
$AAPL premarket over 191.44 intra resistance trading 191.67 premarket. Next resistance near 195.00 #daytrading #swingtrading #chart
SP500 (SPY) Chart – Trade above moving averages but MACD is turned down on daily. $SPY $ES_F $SPXL $SPXS #SPY #Chart
SP500 (SPY) Chart – Trade above moving averages but MACD is turned down on daily. $SPY $ES_F $SPXL $SPXS #SPY #Chart
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Monthly). Trade struggling with pivot. Trade rest on 200 MA under pivot. June 3 1030 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Chart (Weekly). SImple Fibonacci work suggests 64.50 support and 69.53 resistance are key . June 3 1037 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). SImple Fibonacci work suggets 64.50 support and 69.53 resistance are key . June 3 1037 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Oil Chart (Daily). K.I.S.S. charting says short bias since MACD turned May 22, 2018. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily). K.I.S.S. charting says short bias since MACD turned May 22, 2018. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Facebook trade – longs should be trimming in to resistance, add above 189.75 for 195.88 June 5 most bullish target. #swingtrading $FB
Facebook trade – longs should be trimming in to resistance, add above 189.75 for 195.88 June 5 most bullish target. #swingtrading $FB
$IBB on the move trading 108.93 with 112.80 Fib and quad wall resistance. #swingtrading
$IBB on the move trading 108.93 with 112.80 Fib and quad wall resistance. #swingtrading
Trading $AAOI – over 49.55 and holds a close has two upside bullish scenarios. Closed at intra res today. #swingtrading
Trading $AAOI – over 49.55 and holds a close has two upside bullish scenarios. Closed at intra res today. #swingtrading
$GOOGL right up against key resistance – trim in and add above to next. #swingtrading #daytrading
$GOOGL right up against key resistance – trim in and add above to next. #swingtrading #daytrading
$IBB daytrading levels 112.38 une 29 likely target on upside move. 109.04 intra resistance. #daytrading
$IBB daytrading levels 112.38 une 29 likely target on upside move. 109.04 intra resistance. #daytrading
$ATHM swing traders need to trim heavy into 114.64 quad wall and Fib test. July 30 mid quad PT 110’s on retrace #swingtrading
$ATHM swing traders need to trim heavy into 114.64 quad wall and Fib test. July 30 mid quad PT 110’s on retrace #swingtrading
Really excited for the huge $AGN time cycle conclusion on or about June 4, 2018. #swingtrading #setups
Really excited for the huge $AGN time cycle conclusion on or about June 4, 2018. #swingtrading #setups
With MACD turn up and testing under 200 MA this is the test. Above 200 MA add to long #GOLD #CHART $GC_F $XAUUSD $GLD
With MACD turn up and testing under 200 MA this is the test. Above 200 MA add to long #GOLD #CHART $GC_F $XAUUSD $GLD
– Microsoft set to announce deal for GitHub – Nomad Foods buys Aunt Bessie's – GE picks Cummins, Kohler, KKR to bid for gas-engine business pic.twitter.com/VFseat4wJN
If you are new to our trading service you should review recent blog posts, the Compound Trading YouTube Channeland at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect the math (they have taken me from a 60% hit rate to 80%+ all publicly posted live trade alerts).
Momentum Stocks (Market Open and Intra-Day):
I do trade morning momo stocks, but I do avoid much of the day trading risk (preferring to daytrade only what is structurally set-up also on the swing trade side and to my advantage in the algorithmic model charting). I often avoid the first 30 minutes (gap and go) and trade momentum stocks or structured (per explanation in previous sentence) stocks later in day after a wash-out looking for a snap-back trade that can possibly also become a strong swing or longer term trade that I can leg in to. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).
Some of my Favorite Intra-day Trading Set-Ups:
(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Charting Model Set-Ups.
The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.
Morning Stock Watch-Lists for my Favorite Set-Ups:
Nektar shares drop 29% on ‘underwhelming’ cancer trial data
(3) Other Watch-List:
(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWT, $DWT, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY), $BTCUSD Bitcoin.
(5) Recent Upgrades:
MongoDB $MDB PT Raised to $52 at Needham, Says to Expect Strong Q1 Report Fuelded by Broad …
Deutsche Bank increases http://Wix.com target to 11% upside https://seekingalpha.com/news/3361338-deutsche-bank-increases-wix-com-target-11-percent-upside?source=feed_f … #premarket $WIX
$LOXO PT raised to $235 from $178 at Citi. #ASCO18
$VYGR HC Wainwright initiates with Buy and $30 PT
(6) Recent Downgrades:
$JNCE PT lowered to $10 at Wells Fargo
Stay tuned in Stock Chat Room for more pre-market stocks on watch.
Study:
For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.
Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).
Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of six primary Algorithmic Chart Model services in development at Compound Trading Group (there are near 300 in total in development at various stages).
NOTICES:
New members to our oil trading algorithm charting model – please on-board in a way that best equips you to be profitable. Visit my Twitter feed (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review my recent blog posts, our You Tube channel “how my algorithm works”, “how to use my charting”, weekly EIA report videos and our website (it explains how I was developed). Reviewing those important points of reference will increase your chance of success considerably. In this report, some recent example “how-to” videos are included also.
Oil Trade Coaching – Users of this algorithm chart model may opt for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader. On our website standard one-on-one online coaching packages are made available (coaching via Skype) or you can request a customized package (reflecting the time you wish to invest in learning). To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars and private on location and in-person coaching sessions.
Oil Trading – How to Use the Oil Algorithm
Oil Trading – How to Trade Intra-day with my Algorithm Charting
MULTI-USERS: Institutional / commercial platform now available.
SOFTWARE: My algorithmic charting is planned to go to developer coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and/or this blog.
HOW MY ALGORITHM WORKS: I am an oil algorithm model 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 robot type algorithm – I am presented 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.
Below you will find simplified levels represented on a traditional chart (both intra-day and as a swing trader or investor). This work (and associated trade) 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 in the private Discord oil trade room server.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.
Oil Algorithm Observations:
Below is the link for the live chart version of EPIC the Oil Algorithm. The charting is a real-time trading chart represented on FX $USOIL $WTI published June 3, 2018.
Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:
Oil Algorithm (EPIC). Current trade. June 3 1007 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm (EPIC). Current trade. June 3 1007 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
June 4, 2018
The first most predictable trade is the significant resistance cluster area formed by red trend lines (see previous posts and supplemental conventional charting below). As noted in the previous reports, at this point (as you will note when reviewing the charting below) trade has cleared all conventional trend-line resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 68.93 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 65.32 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades). Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.
The lower trading range is 61.71 to 65.32
The upper trading range is 68.93 to 72.54
Trading Bias / Forward Guidance: Watching support levels – most specifically the 200 MA on monthly and the Fib supports on the weekly and monthly charting. Also watch the MACD on the daily chart as this is a very predictable way to determine current trade bias.
Currently (as of June 3, 2018) MACD is still trending down on the daily oil chart.
Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).
Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.
Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.
Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.
Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.
Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends.
The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).
Intra-day Trading Bias
Oil trading plan 2 of 2 short scenario(s) tests; Down channel upper TL, up channel mid channel, down channel mid channel. 704 PM June 3, 18. Oil Algorithm (EPIC). #OIL #Algorithm FX $USOIL $WTI $USO $CL_F #OOTT
Oil trading plan 2 of 2 short scenario(s) tests; Down channel upper TL, up channel mid channel, down channel mid channel. 704 PM June 3, 18. Oil Algorithm (EPIC). #OIL #Algorithm FX $USOIL $WTI $USO $CL_F #OOTT
Oil trading plan 2 of 2. Long scenario(s) test long at supports; mid channel, up channel TL, down channel TL. June 3, 18. Oil Algorithm (EPIC). #OIL #Algorithm FX $USOIL $WTI $USO $CL_F #OOTT
Oil trading plan 2 of 2. Long scenario(s) test long at supports; mid channel, up channel TL, down channel TL. June 3, 18. Oil Algorithm (EPIC). #OIL #Algorithm FX $USOIL $WTI $USO $CL_F #OOTT
Oil trading plan 1 of 2. Long scenario(s) test long at supports; mid channel, up channel TL, down channel TL. June 3, 18. Oil Algorithm (EPIC). #OIL #Algorithm FX $USOIL $WTI $USO $CL_F #OOTT
Oil trading plan 1 of 2. Long scenario(s) test long at supports; mid channel, up channel TL, down channel TL. June 3, 18. Oil Algorithm (EPIC). #OIL #Algorithm FX $USOIL $WTI $USO $CL_F #OOTT
Oil trading plan 1 of 2 short scenario(s) test shorts; Down channel upper TL, up channel mid channel, down channel mid channel. 703 PM June 3 Oil Algorithm (EPIC). #OIL #Algorithm $USOIL $WTI $USO $CL_F
Oil trading plan 1 of 2 short scenario(s) test shorts; Down channel upper TL, up channel mid channel, down channel mid channel. 703 PM June 3 Oil Algorithm (EPIC). #OIL #Algorithm $USOIL $WTI $USO $CL_F
Wide Trading Range – Buy and Sell Triggers for Swing Trading Oil:
Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades in the lower region are between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54 and 72.54 to 76.15. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.
Or trade the range between the channel diagonal lines at support and resistance in up or down channel.
Oil Monthly. Above important chart pivot nearing 100 MA. Use caution long in to 100 MA resistance. $USOIL $WTI $USO #OIL
Weekly Oil Chart:
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Algorithm Model (Weekly Gen 1). 20 MA and Fibonacci support test in progress. June 3 1014 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT
Oil Chart (Weekly). SImple Fibonacci work suggests 64.50 support and 69.53 resistance are key . June 3 1037 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). SImple Fibonacci work suggests 64.50 support and 69.53 resistance are key . June 3 1037 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per recent;
64.91 Fibonacci level support and 20 MA should be watched on weekly charting. $USOIL $WTI $USO #OIL #OilTrading
64.91 Fibonacci level support and 20 MA should be watched on weekly charting. $USOIL $WTI $USO #OIL #OilTrading
May 21 – A feature post was published this week to review time cycles, retrace possibilities on the other side of time cycles on the weekly charts. Below is the post link:
Oil Chart (Daily). K.I.S.S. charting says short bias since MACD turned May 22, 2018. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Diagonal Trend Lines:
Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).
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 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 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 chart below:
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Oil Chart (Weekly). The validity of this trendline work is ambiguous, but something to watch. June 4 1219 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL
Per previous:
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
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
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.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.
Recent Live Oil Trade Alerts:
June 4 – Will update the alerts section soon.
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Anyone remember this tweet from last September. Last time oil had 200 MA w 20 MA breach, price ripped 39.80s to 51.50s fast (6 weeks). $USOIL $WTI $CL_F #OIL #OOTT $UWT $DWT
Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
Oil Chart (Daily) Price took a double upside rip extension since. FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #OOTT
May 29 – Will update the alerts section soon.
May 21 – Will update the alerts section soon.
May 13 – Will update the alerts section soon.
April 29 – I will update the trade alerts on the next report when there is more time. The bottom line is that since last report the trades have been fantastic winners.
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL $WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CT
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL$WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CTpic.twitter.com/PJuxQw9nqZ
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Just noticed I accidentally put the short side trade alert on my personal twitter feed https://twitter.com/curtmelonopoly/status/986147196658647040 … “Oil short side bias trade setup intra trading 66.47 with 66.20 target expiring btwn 230 and 630 AM ET. Tight stop SS initial alert. Unclear at this point.”
Trading 66.30 from 66.47 entry nearing 66.20 SS target – trim short bias
Trading 66.24 cover trim on way to target
There it is – 66.20 intra day short target reached – bias to all or near all cover here from 66.47 intra scalp alert.
Oil short side trade intra set-up on watch at top of quad.
Per recent;
“Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT”
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
The alert detail as it was posted on feed. Short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Summary of short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo https://www.tradingview.com/chart/USOIL/yi9JI683-Summary-of-short-side-trade-alert-EPIC-Oil-Algorithm-Chart-Model/ …
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Keep in mind that there are three price targets per week for down channel and up channel scenarios. Below are examples of targets hit to upside channel or down channel.
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Tues Mar 6 price target perfect hit to minute and penny as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
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
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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.
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:
New members to our oil algorithm chart model service – please on-board in a way that best equips you to be profitable. Visit my Twitter feed (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review my recent blog posts, our You Tube channel “how my algorithm works”, “how to use my charting”, the weekly EIA report videos and our website (it explains how I was developed). Reviewing those points of reference will increase your chance of success considerably. In this report, some recent example “how-to” videos are include below.
Oil Trade Coaching – Users of this algorithm chart model may opt for private one-on-one coaching with our lead trader and / or an experienced trader that has worked under our lead trader. On our website standard one-on-one online coaching packages are made available (coaching via Skype) or you can request a customized package (reflecting the time you wish to invest in learning). To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars and private on location and in-person coaching sessions.
Oil Trading Room – How to Use My Oil Algorithm
Oil Trading Room – How to Trade Intra-day with my Algorithm Charting
MULTI-USERS: Institutional / commercial platform now available.
SOFTWARE: My algorithmic charting is planned to go to developer coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and/or this blog.
HOW MY ALGORITHM WORKS: I am an oil algorithm model 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 robot type algorithm – I am presented 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.
Below you will find a 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 associated trade, 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 in the trade room.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND 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 Algorithm Live Real-Time Trading Chart for May 29, 2018. Click on share button (bottom right beside flag) and when that screen opens you can click on make it mine to make edits etc:
Oil current area of trade. May 28 204 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
May 29, 2018
The first most predictable trade is the significant resistance cluster area formed by red trend lines (see previous posts and supplemental conventional charting below). As noted in the previous reports, at this point (as you will note when reviewing the charting below) trade has cleared all conventional trend-line resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 68.93 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 65.32 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades). Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.
The lower trading range is 61.71 to 65.32
The upper trading range is 68.93 to 72.54
Trading Bias / Forward Guidance: Watching support levels – most specifically the 200 MA on monthly and the Fib supports on the weekly and monthly charting. Also watching the US Dollar algorithm charting very close here.
Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).
Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.
Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.
Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.
Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.
Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends.
The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).
Wide Trading Range – Buy and Sell Triggers for Swing Trading:
Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades in the lower region are between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54 and 72.54 to 76.15. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.
Or trade the range between the channel diagonal lines at support and resistance in up or down channel.
Oil down channel scenario. May 28 202 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario. May 28 202 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario. May 28 203 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario. May 28 203 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Swing Trading Chart Considerations with Price Targets:
Monthly charting review:
Oil trade in sell-off bounced off 200 MA on Monthly Chart as support for now. $USOIL $WTI $USO #OIL #OilTrading
Oil Monthly. Right at pivot, between 100 MA Resistance 200 MA Support. MACD SQZMOM trending up Stoch high. $USOIL $WTI $USO #OIL
Oil Monthly. Right at pivot, between 100 MA Resistance 200 MA Support. MACD SQZMOM trending up Stoch high. $USOIL $WTI $USO #OIL
Watch the indicators close for a turn if trade nears that 100 MA (Stochastic RSI, MACD and SQMOM).
I would expect oil to coil that pivot (yellow line) and bounce between 100 MA and 200 MA range on monthly for some time. Yet to be seen… but it’s highly probable imo.
Per recent;
Oil Monthly chart. Likely resistance at 100 MA support at 200 MA pivot at yellow line. $USOIL $WTI #OIL
64.91 Fibonacci level support and 20 MA should be watched on weekly charting. $USOIL $WTI $USO #OIL #OilTrading
May 21 – A feature post was published this week to review time cycles, retrace possibilities on the other side of time cycles on the weekly charts. Below is the post link:
Oil near weekly model target. Historical probability high for retrace. #timecycle $USOIL $WTI $USO #OIL
Diagonal Trend Lines:
Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).
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 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 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 chart below:
Per previous:
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1
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
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.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.
Recent Live Oil Trade Alerts:
May 29 – Will update the alerts section soon.
May 21 – Will update the alerts section soon.
May 13 – Will update the alerts section soon.
April 29 – I will update the trade alerts on the next report when there is more time. The bottom line is that since last report the trades have been fantastic winners.
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL $WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CT
EPIC on fire, not quite 100% win rate, but close. Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it. Alert- Long 67.73 scalp intra on FX $USOIL$WTI with 67.43 stop. PT 68.49. Trim at and add over res 67.85 68.07 68.14 @OilAlerts_CTpic.twitter.com/PJuxQw9nqZ
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Oil hit all 5 price targets from Friday alert. I left early so only got a piece of it.
Just noticed I accidentally put the short side trade alert on my personal twitter feed https://twitter.com/curtmelonopoly/status/986147196658647040 … “Oil short side bias trade setup intra trading 66.47 with 66.20 target expiring btwn 230 and 630 AM ET. Tight stop SS initial alert. Unclear at this point.”
Trading 66.30 from 66.47 entry nearing 66.20 SS target – trim short bias
Trading 66.24 cover trim on way to target
There it is – 66.20 intra day short target reached – bias to all or near all cover here from 66.47 intra scalp alert.
Oil short side trade intra set-up on watch at top of quad.
Per recent;
“Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT”
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Fantastic #EIA trade near quad support, buy side steps in, first resistance hits, boom. Near perfect. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
Oil is very near a quad trading range support area (gray) and lower quad time cycle peak. $USOIL $WTI $CL_F $USO $UWT $DWT #OOTT
The alert detail as it was posted on feed. Short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Summary of short side trade alert. EPIC Oil Algorithm Chart Model FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo https://www.tradingview.com/chart/USOIL/yi9JI683-Summary-of-short-side-trade-alert-EPIC-Oil-Algorithm-Chart-Model/ …
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Perfect price target hit Wed 1030 as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo #EIA
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade moving in to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Trade fell in to Tues 430 price target (early) and on track to Wed 1030 PT as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Keep in mind that there are three price targets per week for down channel and up channel scenarios. Below are examples of targets hit to upside channel or down channel.
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Price target hit for Tues 1030 #EIA as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues 430 price target hit as provided on weekend report. EPIC Oil Algorithm $USOIL $WTI #OIL #OOTT $UWT $DWT $USO
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Tues Mar 13 430 #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Wed 1030 Mar 14 #EIA #OIL perfect hit to price predict target as provided on prior wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Tues Mar 6 price target perfect hit to minute and penny as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Private Member Server Screen shot of #EIA #OIL targets in play from wknd report. EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL price target in play as provided on wknd report (Tues hit perfect). EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL upper price target touch only and dumped in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
#EIA #OIL in to lower target as provided on prior wknd report . EPIC Oil Algorithm Chart FX $USOIL $WTI $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Screen shot of price and time target hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Wed #EIA 1030 Feb 28 perfect hit to target at exact cent and minute as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Tues 430 Feb 27 price time target perfect hit as provided on weekend report. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 23 price time target perfect hit as provided on report 5 days prior. EPIC Oil Algorithm FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Wed 1030 AM EIA report price target perfect hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
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
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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.
In this video #EIA Oil, $TSLA, $ESPR, $PG, $AAPL, $SPY, $CARA, $EGY, $GERN, $BPT for swing trading and day trade levels and more.
Trade Set-ups May 23 Mid Day Trade Review;
Tickers covered; #EIA, #swingtrading, #daytrading, Oil, $WTI, $USOIL, $TSLA, $SPY,, SP500, $CARA, $I, $GERN, $BPT, $KMPH, $EGY and many more.
$TSLA Tesla – hit 50 MA resistance, mid quad 280.14 resistance, 270.60 area support, 240.00 quad wall support trajectory possible.
$ESPR – 40.68 support wanting structure over moving averages for a wash out snap-back, next support 27.30 on wide timing. Retrace between the two comes in at around 33.95 35.53 37.48 Fibs support to watch for a possible bounce. 49.72 bullish upside max target in a swing trade.
$PG – Proctor Gamble looking for structure for snap back wash out trade to upside.
$AAPL – Apple support and resistance discussed. Also review on many recent videos. Support 182.00 191.44 resistance. 180.60 main pivot.
$SPY – 268.03 May 30 most bearish scenario price target 278.55 bullish same day main resistance 273.55 in this quad.
? – Over 4.65 at close is bullish. Bullish structure in chart.
$CARA – trading just over main pivot.
$TIF – way over moving averages, not a good long here most often.
$RL – careful here
$COCP – no structure, bad chart
$JCS – iffy
$USAT – way over moving averages
$EXPI – nothing to work with, no structure, trending stock, not a long here
$MDXG – might get to 200 MA to 11.32 eventually, terrible structure
$EGY – 4.09 price target trading 2.42 needs 2.60 on close to see 3.00 above 3.30 traget is 4.00 area.
$GERN – interesting chart, classic bottom formation, double tap, structure over 4.50 could see fireworks to upside
$LOW – filled gap, not great
$BPT – trending stock, could do it, over 32.65 and builds structure likely see fireworks.
$KMPH – could get going too
$I – same bullish structure, over 20.00 could be very bad for shorts
$AEL – careful, extended, risky
Charts to Accompany the Swing Trading Report:
Netflix swing trading set-up $NFLX
Netflix swing trade going well. Stochastic RSI is high watch that, more importantly watch MACD and resistance levels charted. $NFLX #swingtrade
Compound Trading Platform: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, #Crypto ($BTC Bitcoin, $ETH, $LTC, $XRP,) $DXY US Dollar and Swing Trading Newsletter. Live trading rooms for daytrading and oil traders. Private coaching and live alerts.