Wow, has it been great trading the markets lately.
Quick recap below of trade setup reviews on video. We’ve hit near every trade last two weeks (yes time stamped etc). $RIG, #OIL, $SPY, $ETH, $BTC, $FB, $GOOGL, $BWA, $GDX more.
I want to keep rolling. I’m really encouraged in these markets. We have these setups on lock.
Oil $USOIL $WTI – When I spoke of win rate in video I was speaking specifically to oil btw. My over-all win rate is not near my oil trading win rate with EPIC the Oil Algo.
Technically oil was completing a time cycle Fri at 1:00 and we’ll see how Sunday opens. Refer to last two reports for areas to watch. Forward guidance 75.00 ish 2018.
$RIG – Alerted night before on swing trading member report. Price target 12.58 – 12.75 pending how oil energy etc acts. We’re bullish on it and the trade set-up is going well.
$APVO – It came off resistance I wanted it to come off to 3.70 and it came off to 3.79. Long side alert trade bias with PT 4.90 Apr 26. Over 4.00 triggers long add or downside retracement to support 3.70 area. 3.30 is main support on chart model.
$SPY – Long side price target 267.99 Apr 17 (first upside target – there are others). What a great trade so far.
Bitcoin $BTC – Bitcoin in a bottom formation and we’re hoping for an upside trend move. Resistance points for upside long trims and adds over as resistance becomes support 8589.00, 9200.00, 9540, 9833.80 big resistance, 11506.00, 11706.00 (upside trading targets / resistance). Tax completion, pay day, after sell off and institutional buys may get a bullish turn.
$ETH Ethereum – Bearish price target 418.93 May 2, 2018. Bull price target 619.55 May 2 and for a double extension to bull side scenario price target is 829.69 May 2.
$FB – Facebook bullish scenario price target first stop is 167.62 April 17 or if it dumps price target becomes 153.35 on wash out scenario. Great trade setup so far for our team. Watch 200 MA res.
$EOG – 108.72 confirms long side today and alerted yesterday to long price target 119.68 April 30, 2018.
$FATE – 11.56 trading intra looking for a long side trade over 12.00.
$IOTS – I’m looking for 18.00 on most bullish scenario as a double extension. No trade yet but looking for a break out next week.
$LITE – Test resistance and sitting on support. 20 MA over top resistance and the pinch is on next week. Price target 75.80 June 4, 2018 as most bullish scenario.
$GOOGL – Great buy side alert on the wash-out, huge battles here in time cycle peak with numerous indicators at play 1104.02 July 2 price target for moderate bullish scenario 1211.00 July 2 price target if it gets aggressive upside. Trade toward appropriate target.
$C – Price targets in 73.00 range and 86.00 range on the bullish side trade.
$EPSR – trade doing well. Chart structure is very predictable.
$D Disney – Trade long side bias alerted and going well with price target 103.66 May 29 and more bullish scenario price target 110.00 May 29.
$TAN – Looking for break to upside of major pivot. On watch still.
$BWA – 52.74 resistance with 54.36 July 19 Price target for the bulls. Bear side occurs price target 50.56 July 19. Trade price toward target.
$CELG – Bullish side resistance points 91.37, 91.99. Upside price target 95.83 in around 3 weeks or so from now.
$GDX – Incredible chart structure, hits all the points, triggered long side bullish trade and now upside resistance is on deck.
And more reviews are on video…
Our last two reviews provide more detail on these and other trading set-ups are here;
Most of these charts are on my Trading View Account that are discussed in the video (some are private to members but I think many are available).
For more detail on the time cycle peaks for your trade, price targets, and support / resistance points relating to your personal trading plan contact me with any questions you have.
Thanks!
Curt
PS We are 70% sold out on the next trade Coaching Boot Camp – check it out here, we’re going to have a good time launching traders to their place of freedom. Great location, good people, life changing trading skills and some fun in the sun!
Compound Trading Platform: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, #Crypto ($BTC Bitcoin1.05% , $ETH, $LTC, $XRP,) $DXY-0.05%US Dollar-0.05% and Swing Trading Newsletter. Live trading rooms for daytrading and oil2.00% traders. Private coaching and live alerts.
Exclusive Report for Email List Members and Swing Trading Members.
Some of the best trading set-ups and ROI we have had in some time. Wow.
Excellent set-ups in #OIL, #GOLD, $NFLX, $SPY, $DIS, $GDX, $TSLA, $EOG, $AAOI, $ESPR, $ITCI, $TAN, $CELG, $C and many more.
Written Summary Below of Trading Plan Set-Ups Reviewed in Video (Click on links in summary text below to be directed to specific charting from lead trader).
#EIA Oil Analysis / Charting Structure $USOIL $WTI: Oil trade is divergent to upside on the EPIC Algorithm Model. Trade is up near channel resistance area and our long bias is no longer in play until this resistance area is concluded to up or downside – there is a probable trade scenario going forward reviewed on video (EPIC members can review EPIC alerts, private Discord room, weekly newsletter and visit 24 hour oil room for more detail). The weekly simple oil model has a 74.50 upside chance for oil for week of April 9, 2018. And the third chart reviewed here is the Monthly oil model with a time cycle peak in October coming in around 67.00 on $USOIL $WTI. Doesn’t mean it won’t spike up in to weekly target range of 74.50 prior to returning to 67.00 area. Also of note is the 200 MA resistance and 50% retracement line on charting that is reviewed in this video.
Our weekly simple oil model posted originally months back has a 74.50 upside chance for oil for week of April 9, 2018 time cycle completion. Never thought price would get anywhere near that:) $USOIL $WTI #CL $UWT $DWT $USO #OOTT
Our weekly simple oil model posted originally months back has a 74.50 upside chance for oil for week of April 9, 2018 time cycle completion. Never thought price would get anywhere near that:) $USOIL$WTI#CL$UWT$DWT$USO#OOTThttps://t.co/4EyE5Xajfv
And the simple monthly oil model with a time cycle peak in October is coming in around 67.00 on $USOIL $WTI (most probable) target. Video on deck explains other targets (trade price). $USO #CL #OOTT #OIL https://www.tradingview.com/chart/USOIL/LFoaIZEq-Oil-Resistance-One-of-Most-Predictable-Trades-See-chart-notes/ …
$EOG EOG Resources – EOG trading above important buy trigger 108.76 intra trading 107.93. 115.29 diagonal resistance and one at 119.68 with 115 to 116 price target at earnings end of the month, if price holds the buy sell trigger area in around 109.00. Long over trigger.
$AAOI Applied OptoElectronics – Triggering buy long side trigger over mid quad on AAOI, is up over 12% on the day. More alert detail to follow for members as trade plays out.
$ESPR Esperion – ESPR trading perfect through the Fibs, hit important pivot resistance on 71.67 and triggered long side buy with first target 74.67 and hit today and backed off some. Looking for 80.60 – 80.80.
$ITCI Intra Cellular – ITCI with resistance 23.88 as intra important buy trigger with price above it. If it loses support 23.88 (when price is above) then cut each time until trade takes and hits the next price target area of 30.0 ish.
$DIS Disney – Disney dropped out bottom of model like $SPY model in recent volatility / panic. Structured buy side play targeting 103.73 June 30. Previously charted a number of times / alerted recently.
$NFLX Netflix – Netflix has been a fantastic trade set-up for members. We had a buy trigger 295.40. Buy side trigger confirmation was diagonal Fib / quad wall (explained on video).
$SPY SP500 – Same type of structure as Disney chart. This structure was modeled in advance of price. It is hitting exact day and time and price targets. This again has been an excellent SPY trade set-up for members. Upside 265.52 resistance, mid quad 267.96 and over targets over 265.62 targets 268 area April 18, 2018 as first buy side price target.
$GDX Gold Miners – Miner’s near mid quad resistance Fib line and then backed off on the day. Has been an excellent trade alert on long side for our members. 23.14 is the trim mark and it came very near today.
$MXIMMaxim Integrated – We have a sell side bias on Maxim that has to play out. Watching. Resistance and support on chart in video.
$TSLA TESLA – Alerting TESLA in 260.00 range has been a great buy side trade structure. It got up over major resistance at mid quad horizontal Fib buy side confirmation trigger at 280.17 ish and straight to next resistance 304.60 with Nov 14 382.70 price target. Price targets (resistance) on its way upside are at 333.80 and 338.62 on its way up.
$ATHM AutoHome – Fantastic break-out trade set-up previously alerted and now over previous highs. Trade price here forward. Will alert sell side when it triggers.
$VRX Valeant – Near 200 MA on daily as a massive test and then 50 MA on daily upside is the buy trigger. Model to follow if it sets up.
We also reviewed a few of the momentum stocks from the day.
For more detail on the time cycle peaks for your trade, price targets, and support / resistance points relating to your personal trading plan contact me with any questions you have.
Best and peace!
PS Remember to trade price – if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.
I am live broadcasting these trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL’s, video, charting set-ups and alerts.
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Compound Trading Platform: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, #Crypto ($BTC Bitcoin1.05% , $ETH, $LTC, $XRP,) $DXY-0.05%US Dollar-0.05% and Swing Trading Newsletter. Live trading rooms for daytrading and oil2.00% traders. Private coaching and live alerts.
Compound Trading Chat Room Stock Trading Plan and Watch List Wednesday April 11, 2018: #EIA, Oil, Syria, Zuckerberg, Fed, $SPY, $GE, $FB, $CBS, $FCAU, $NWL, $USG, $HLT – SP500, $SPY, $BTC, Bitcoin, Gold, $GLD, $GDX, OIL, $WTI, $USOIL, Volatility, $VIX , Silver, $SLV, US Dollar Index, $DXY … more.
Welcome to the morning Wall Street trading day session at Compound Trading!
Notices:
Details to our next Trading Boot Camp in May! We’re over 70% booked so don’t wait. 30% off on this session! And what a location! #tradecoaching #learntotrade
Notes in red text below are new comments entered specifically today (or recently important).
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 or DM 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
As of 8:28 AM: US Dollar $DXY trading 89.58, Oil FX $USOIL ($WTI) trading 66.07, Gold $GLD trading 1351.50, Silver $SLV trading 16.60, $SPY trading 264.5, Bitcoin $BTC.X $BTCUSD $XBTUSD trading 6844.50, and $VIX trading 21.2.
Recent Momentum Stocks to Watch:
News:
$BIOL to explore strategic alternatives, CEO resigns.
$TSRO and Medison Enter Into Exclusive Distribution Agreement to Commercialize ZEJULA in Israel
Helius Medical Technologies announces uplisting to Nasdaq and pricing of Class A common stock an… https://seekingalpha.com/news/3344921-helius-medical-technologies-announces-uplisting-nasdaq-pricing-class-common-stock-warrants?source=feed_f … #premarket $HSDT
Loxo teams up with Veracyte to advance development of therapies for genetically defined ca… https://seekingalpha.com/news/3344923-loxo-teams-veracyte-advance-development-therapies-genetically-defined-cancers?source=feed_f … #premarket $VCYT $LOXO
$FB CEO exceeds expectations in congressional hearing, says Wells Fargo. Reiterates an outperform rating and $230 PT.
Oil surges after Donald Trump tells Russia in a tweet to “get ready” because missiles will be fired at Syriahttps://bloom.bg/2HpWz0M
April 11 – Oil monthly. Near previous highs. Bias trim long to no hold and wait. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Oil monthly. Near previous highs. Bias trim long to no hold and wait. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Gold came off again at historical resistance for predictable short. Price target June 4 1320.00 area most probable. #Gold $GLD $GC_F https://www.tradingview.com/chart/GOLD/IcE7fVql-Historical-resistance-hit-again-Predictable-short-Chart-Notes/ …
$GDX 50 MA Test, Structure in Play – One of the Cleanest, Easiest Trades on the Market. See Chart Notes. $NUGT $DUST $JDST $JNUG $GLD #GOLD https://www.tradingview.com/chart/GDX/xqvoPTby-50-MA-Test-Structure-in-Play-Top-10-Easiest-Trades-See-Notes/ …
Oil Resistance One of Most Predictable Trades in Markets. See chart notes. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT https://www.tradingview.com/chart/USOIL/LFoaIZEq-Oil-Resistance-One-of-Most-Predictable-Trades-See-chart-notes/ …
$MXIM under 55.94 short side looks great. MACD turn. See Chart notes. #swingtrading https://www.tradingview.com/chart/MXIM/l2JjyH3X-MXIM-under-55-94-short-side-looks-great-MACD-turn-Chart-notes/ …
$DIS swing trade set-up from swing trading report yesterday blasting here🔥 Nice set-up. In it to win it. #swingtrading https://twitter.com/SwingAlerts_CT/status/981914928528416768/photo/1pic.twitter.com/muDQaThxP2
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 their math (they have taken me from a 60% hit rate to 80%+ in my trading – all publicly posted live trades).
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 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:
Algorithm Geometry: You will find the geometry of the algorithm charting model this week to still be “off” symmetrically speaking. It will take one more week for the charting visual issue to work its way out post holiday (Easter).
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 April 7, 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:
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 65.33 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 61.72 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 61.72
The upper trading range is 65.33 to 68.92
Trading Bias: With last weeks trade-off in to support on model I’m watching for a bounce at range support (gray line). However, the multi-month predictable trade on the charting below on the convention and alternate model charting of shorting in to the 200 MA and mid quad range played out perfect again last week. So further pressure in to the next trading range down is possible but I’m looking for a bounce. Trade price, watch for alerts and there will be much more live trading coming up now being broadcast from our new live trading and coaching center.
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.
Current and more recent trade has moderate predictability. 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 and 65.33 to 68.92. 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 Resistance One of Most Predictable Trades in Markets. See chart notes. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Notes included on and copied from Trading View chart:
Chart Resistance Intact and Price Target in play ONCE AGAIN! 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
This is the forth month in a row the candles have come up to the mid trading quad on monthly chart (resistance until breached). Actually, technically this month price hit 200 MA and came off short side again – WHAT A GREAT TRADE.
This also represents a 50 % retracement on the oil -2.79% monthly chart (resistance until breached).
And finally the 200 MA resistance test is currently at work (per previous months also).
Most likely price target is marked on the chart with red circle.
Sunday night futures I will be near-term long bias (our main algorithm model EPIC is showing near term support possible) – BUT BE SURE TO TRADE PRICE.
Per recent:
Mar 26 – Chart Resistance Intact and Price Target in play. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Short in to 200 MA 50% Fib res has worked but… Chart notes. Mar 26 238 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Weekly Algorithmic Quad Oil Chart over 200 MA may not reach mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Real-time live oil swing trading chart link: https://www.tradingview.com/chart/USOIL/WeDHKLLM-Oil-Weekly-Algorithmic-Quad-Charting-well-over-200-MA-and-price/
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
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:
“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/ …
Trading alert example from last week. $USOIL $WTI $USO $UWT $DWT #OIL
Recent Oil Algorithm Price Target Hits:
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior 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.
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 Algo Live Real-Time Trading Chart for March 26, 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 trade. Mar 26 105 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trade. Mar 26 105 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Mar 26, 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 68.92 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 65.33 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 61.72 to 65.33.
Trading Bias: As reported in recent reports, it seems it is ground hog day the last number of weeks… Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per recent reports).
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.
Current and more recent trade has moderate predictability. 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 61.72 and 65.32 and 65.33 and 68.92. 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 Mar 26 101 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Mar 26 101 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 26 1259 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 26 1259 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
Mar 26 – Chart Resistance Intact and Price Target in play. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Short in to 200 MA 50% Fib res has worked but… Chart notes. Mar 26 238 AM FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Weekly Algorithmic Quad Oil Chart over 200 MA may not reach mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Real-time live oil swing trading chart link: https://www.tradingview.com/chart/USOIL/WeDHKLLM-Oil-Weekly-Algorithmic-Quad-Charting-well-over-200-MA-and-price/
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
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 Trade Alerts:
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/ …
Trading alert example from last week. $USOIL $WTI $USO $UWT $DWT #OIL
Recent Oil Algorithm Price Target Hits:
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior 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.
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 Algo Live Real-Time Trading Chart for March 18, 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 trade Mar 18 233 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trade Mar 18 233 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Mar 18, 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). Upper algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.33 in the current trading range. Lower 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 per recent reports.
Trading Bias: As reported in recent reports, it seems it is ground hog day the last number of weeks… Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per recent reports).
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.
Current and more recent trade has moderate predictability. 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 and 61.71 and 65.33 for trade above 61.71. 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.
Oil down channel scenario Mar 18 232 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Mar 18 232 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 18 229 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 18 229 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
Chart Resistance Intact and PT in play. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
Oil Chart Resistance Check Feb 127 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Oil Weekly Chart – 200 MA test continues w Stoch RSI turned down MACD SQZMOM leveling. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT
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 Oil Algorithm Price Target Hits:
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior 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.
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 the oil 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 has “how my algorithm works”, “how to use my charting”, the weekly EIA report videos and our website explains how I was developed. Review of 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 modeling 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 Algo Live Real-Time Trading Chart for March 10, 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 trading range Mar 10 1037 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trading range Mar 10 1037 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Mar 10, 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 trendline resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Upper algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.33 in the current trading range. Lower 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 per last week’s report.
Trading Bias: It seems it is ground hog day the last number of weeks… Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per recent reports).
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.
Current and more recent trade has moderate predictability. 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 and 61.71 and 65.33 for trade above 61.71. 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.
Oil down channel scenario Mar 10 1035 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Mar 10 1035 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 10 1035 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 10 1035 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Oil Weekly Chart – 200 MA test continues w Stoch RSI turned down MACD SQZMOM leveling. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT
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 Oil Algorithm Price Target Hits:
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
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior 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.
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 the oil 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 has “how my algorithm works”, “how to use my charting”, the weekly EIA report videos and our website explains how I was developed. Review of 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 – critical to many new oil traders and/or users of this algorithm charting is the opportunity 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 will find standard one-on-one online coaching packages (coaching via Skype) or you can request a customized package (reflecting the time you are wanting to invest in your learning). To request a custom package most suited to your needs email us at [email protected] or click here for a standard private trade coaching package. 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 in 2018 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.
HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency robot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil.
Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and 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 Algo Live Real-Time Trading Chart for March 4, 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 trading Mar 4 842 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trading Mar 4 842 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Mar 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 trendline resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Upper algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.33 in the current trading range. Lower 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 per last week’s report.
Trading Bias: No current trade bias as oil has recently traded sideways and the US Dollar $DXY does have a divergent bottoming formation forming the last number of weeks.
Per previous;
Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per last report).
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.
Current and more recent trade has moderate predictability. 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 and 61.71 and 65.33 for trade above 61.71. 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.
Oil down channel scenario Mar 4 839 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Mar 4 839 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 4 841 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Mar 4 841 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
Real-time swing trading oil chart link with Fibonacci support and resistance, moving averages, etc:
Chart Resistance Intact Mar 4. 50% Fibonacci, mid quad on monthly. $USOIL $WTI $CL_F #OIL #OOTT $USO $UWT $DWT
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Oil Weekly Chart – 200 MA test continues w Stoch RSI turned down MACD SQZMOM leveling. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT
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 Target Hits:
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior 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.
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 the oil 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 has “how my algorithm works”, “how to use my charting”, the weekly EIA report videos and our website explains how I was developed. Review of 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 – critical to many new oil traders and/or users of this algorithm charting is the opportunity 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 will find standard one-on-one online coaching packages (coaching via Skype) or you can request a customized package (reflecting the time you are wanting to invest in your learning). To request a custom package most suited to your needs email us at [email protected] or click here for a standard private trade coaching package. 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 in 2018 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.
HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency robot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil.
Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and 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 Algo Live Real-Time Trading Chart for Feb 27, 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 trading area Feb 26 641 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trading area Feb 26 641 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Feb 26, 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 trendline resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Upper algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.33 in the current trading range. Lower 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 per last week’s report.
Trading Bias: No current trade bias as oil has recently traded sideways and the US Dollar $DXY has softened/ The Dollar does have a divergent bottoming formation forming the last few weeks.
Per previous;
Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per last report).
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.
Current and more recent trade has moderate predictability. 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 and 61.71 and 65.33 for trade above 61.71. 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.
Oil up channel scenario Feb 26 640 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Feb 26 640 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Feb 26 639 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Feb 26 639 AM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
Real-time swing trading oil chart link with Fibonacci support and resistance, moving averages, etc:
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Oil model chart has possible bullish price target of 74.83 April 9, 2018. Also watch 20 MA breach 200 MA and 65.30 Fib resistance. See chart from previous report below.
Oil model chart has possible bullish price target of 74.83 April 9, 2018. Also watch 20 MA breach 200 MA and 65.30 Fib resistance.
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Real-time live oil swing trading chart link: https://www.tradingview.com/chart/USOIL/WeDHKLLM-Oil-Weekly-Algorithmic-Quad-Charting-well-over-200-MA-and-price/
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Conventional Charting Observations:
Per recent:
Oil cleared 200 MA on weekly and now the 200 MA on monthly chart is a test. $USOIL $WTI $CL_F $USO #OOTT #OIL
Oil Weekly Chart – 200 MA test continues w Stoch RSI turned down MACD SQZMOM leveling. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT
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 Target Hits:
Per recent;
Oil Tues 430 PM price target hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Tues 430 PM price target 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
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior 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.
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 the oil 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 has “how my algorithm works”, “how to use my charting”, the weekly EIA report videos and our website explains how I was developed. Review of 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 – critical to many new oil traders and/or users of this algorithm charting is the opportunity 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 will find standard one-on-one online coaching packages (coaching via Skype) or you can request a customized package (reflecting the time you are wanting to invest in your learning). To request a custom package most suited to your needs email us at [email protected] or click here for a standard private trade coaching package. 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 in 2018 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.
HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency robot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil.
Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and 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 Algo Live Real-Time Trading Chart for Feb 19, 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 trading range Feb 19 450 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil current trading range Feb 19 450 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Feb 19, 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 trendline resistance points to the upside.
The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Upper algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.33 in the current trading range. Lower 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 per last week’s report.
Trading Bias: Not current trade bias as the US Dollar $DXY has softened – but it does have a divergent bottoming formation forming the last few weeks.
Per previous;
Trade bias short term is up, however, the US Dollar is showing divergent signals of at least a near term bottom scenario possible (as per last report).
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.
Current and more recent trade has moderate predictability. 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 and 61.71 and 65.33 for trade above 61.71. 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.
Oil up channel scenario Feb 19 448 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil up channel scenario Feb 19 448 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Feb 19 449 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil down channel scenario Feb 19 449 PM EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Weekly Oil Swing Trading Chart Considerations with Price Targets:
Real-time swing trading oil chart link with Fibonacci support and resistance, moving averages, etc:
Oil 200 MA test on monthly chart. $USOIL $WTI $CL_F $USO #OOTT #OIL
Oil 200 MA test on monthly chart. $USOIL $WTI $CL_F $USO #OOTT #OIL
One of the models in this week @EPICtheAlgo report has oil $USOIL at 74.83 April 9, 2018 (in the most bullish scenario on that model). Wow. $WTI $USO #OOTT #algorithm #chart #model
Oil model chart has possible bullish price target of 74.83 April 9, 2018. Also watch 20 MA breach 200 MA and 65.30 Fib resistance. See chart from previous report below.
Oil model chart has possible bullish price target of 74.83 April 9, 2018. Also watch 20 MA breach 200 MA and 65.30 Fib resistance.
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Per recent:
Real-time live oil swing trading chart link: https://www.tradingview.com/chart/USOIL/WeDHKLLM-Oil-Weekly-Algorithmic-Quad-Charting-well-over-200-MA-and-price/
Oil Weekly Algorithmic Quad Charting well over 200 MA and price on way to mid quad resistance (red circle) price target. $USOIL $WTI #algorithm #model
Conventional Charting Observations:
Per recent:
Oil cleared 200 MA on weekly and now the 200 MA on monthly chart is a test. $USOIL $WTI $CL_F $USO #OOTT #OIL
Oil Weekly Chart – 200 MA test continues w Stoch RSI turned down MACD SQZMOM leveling. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT
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 Target Hits:
Oil Tues 430 PM price target hit, as provided on weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil Tues 430 PM price target 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
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
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Fri Feb 16 upper price target perfect hit, as provided on prior weekend report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Per recent;
Oil hit Tues 430 PM lower price target provided on Sunday report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil hit Tues 430 PM lower price target provided on Sunday report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil target for #EIA coming in to focus, provided on Sunday report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil target for #EIA coming in to focus, provided on Sunday report. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil hit Tuesday price target zone (not perfect to ctr) provided on Sunday report prior. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil hit Tuesday price target zone (not perfect to ctr) provided on Sunday report prior. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil hit Wednesday 1030 AM price target perfect as provided on Sunday report prior. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Oil hit Wednesday 1030 AM price target perfect as provided on Sunday report prior. EPIC Oil Algorithm Chart FX $USOIL $WTI #OIL $USO $UWT $DWT $CL_F #OOTT #Algo
Recent Trade Alerts:
Per recent;
Some recent trade alerts (from previous reports – I will highlight some others in near term reports):
97.46% win rate since inception. Live recorded. Verified. Live alerted. Chat room. Every trade documented. Just follow the chart. $WTI $USOIL $USO $UWT $DWT #Oil #OOTT
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.
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.