Premarket Notes

We entered a new swing trade yesterday in TESLA that is doing excellent, closed the AMD swing trade prior to earnings which was a great call because it lost a lot of value after earnings were posted after market, are trading the Crude Oil move that seen a huge gain after the swing trade alert was issued and today we look at National Oilwell Varco, Trex and Chegg after they had larger than normal earnings price moves. 

More swing set-ups / alerts on earnings to continue.

We’re also working on time cycle trades for SPY, VIX, Gold, Silver, DXY, BTC, DXY and more than we will report on soon.

10:30 am

#EIA Crude Oil Trading Petroleum Inventories – Main Trading Room, I will be in attendance.

2:00 pm

FOMC Announcement

Thanks

Curt

TESLA, swing, trade, alert, chart

TESLA (TSLA) trade alert couldn’t have had a better first day, add on pull backs take profit on bounces as you go $TSLA #earnings #swingtrading

Recent Swing Trading and Day Trading Reports (all charts can be brought down to Day Trading time frame):

Protected: Swing Trading Strategies (Earnings) Part 4 : Premium | $NOV, $TREX, $CHEGG, $TSLA, $AMD, $USO …

Protected: Swing Trading Strategies (Earnings) Part 3 : Premium | $AMZN, $GOOGL, $TWTR, $FB, $JBLU, $OAK, $INTC, $TSLA, $AMD, $SQ …

Protected: Swing Trading Strategies (Earnings) Part 2 : Premium July 17 | FACEBOOK (FB) VS AMAZON (AMZN) …

Protected: S&P 500 Trading Strategies. Charting, Time Cycles, Price Targets, Algorithmic Model (SPY) | Premium, July 15 $SPY $ES_F $SPXL, $SPXS

Protected: Volatility (VIX) Trading Strategies Report. Premium July 15 $VIX $TVIX $UVXY $VXX #TimeCycles #PriceTargets

Protected: Swing Trading Strategies (Earnings) Part 1 : Premium July 14 | $PXD $TLRY $TSLA $EEM $AGN $AMD $INTC $XOP $MGI $BOX …

Protected: Swing Trading Strategies | SP500 $SPY Volatility $VIX Gold $GLD Silver $SLV Bitcoin $BTC Oil $USO US Dollar $DXY | July 7 Premium #timecycles

Protected: Daytrading Bitcoin (BTC) and Intra-Week Short Term Swing Trades July 7 | Premium $BTC $BTC.X $XBTUSD $XBT_F

Protected: Swing Trading Strategies, Charts, Alerts w/ Video | Premium $PXD $TLRY $TSLA $EEM $AGN $AMD $INTC $XOP $MGI $BOX $FB $PLUG $BTC $LYFT $IOTS $SQ $STNE $TEUM $AU …

Master Trading Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):

Trading Profit & Loss Report | Trade Alerts Nov 2016 – June 26, 2019 Day Trades, Swing Trades, Oil, BTC Etc.

Recent Daily Trading Profit & Loss Reports:

Trading Profit & Loss Report (Trades, Alerts) July 10 “MY ANGRY RANT – WHY MOST TRADERS LOSE”, $AMD, $CL_F, $USO, $BTC, $BTC.X, $XBT_F #OOTT

Trading Profit & Loss Report (Trades, Alerts) for July 8 $AMD, $BTC, $XBT_F, $CL_F, $USO

Trading Profit & Loss Report (Trades, Alerts) for July 3 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO

Daily Trading Profit & Loss (Alerts) Report: July 2, 2019 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO

Daily Trading Profit & Loss (Alerts) Report: July 1, 2019 $AMD, $KOOL, $BTC, $XBT_F, $WTI, $CL_F, $USO

Recent Premarket Notes (published as time allows, what we’re up to with our trading):

Premarket Trade Report July 12 | Notes, Alerts, Watch List, Reporting Etc $SGBX, $AMD, $USO, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY, #OOTT

Protected: Premarket Watch List July 9 $CHEK, $OGI, $AZRX, $AMRH, $RHT, $ACIA, $SQ, $AMD, $USO, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY

Premarket Watch List July 8 $SGMO, $AMD, $OASM, $AYTU, $CBIO, $SYMC, $ORN, $USO, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY

Premarket Notes: Swing Updates, New BTC Platform w/Machine Trade, Oil Machine Trade Completion $USOIL $WTI $CL_F $BTC $BTC_F $XBT_F #premarket

Premarket Note: Equities, Oil Levels to Watch, Swing Trades/Alerts, P&Ls, Webinars: Oil, Swing Trading, Bitcoin | $USOIL $WTI #OOTT $BTC #premarket

Company News:

SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release

Subscribe to Learn and Profit:

Click Here for Subscription Service Price Tables.

Free Mailing List(s):

Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.

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Public Chat:

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Article Topics: Premarket, Trading, Watch List, Stocks, Commodities, Alerts, Trading Room, Bitcoin, FOMC, EIA, #OOTT, $USO, $NOV, $TREX, $CHEGG, $TSLA, $AMD, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY


Friday July 12 Premarket Trading Report.

  • Day Trade and Swing Trading.
  • Equities, Commodity and Bitcoin Trading.
  • Personal Trades and Machine Software Trades.

Premarket Client Notes:

Morning traders,

All reporting will be out this weekend, any delays we credit to accounts – see this link for our policy on reporting cycles and fee credits.

My apologies, the algorithmic models sometimes take much longer to back test than expected. It has happened before. By all, I mean Swing Trading, Trading Results (missing days), Algorithmic reports SPY, VIX, OIL, Gold, Silver, US Dollar, Bitcoin and any other miscellaneous reporting.

It was a Fed speak week and with various other anomalies not only did the models take longer to work but we also didn’t want to take our next time cycle entries without being beyond this specific week. All entries for swinging this cycle and cleaning up the old we want in place between today and Tuesday (some may creep in to late next week, but few). ER will delay some also.

The new oil trade software version is performing well and we will continue to tweak its code toward the 151% per annum target, Bitcoin software is next and then likely Gold but we are undecided at this point:

Profit & Loss: Daily +$473 YTD+$5,412 Projected $85,891 or 86% Oil Machine Trade 100k Account. #Oil #TradeAlerts #MachineTrade #OOTT $CL_F $USO $WTI $USOIL

Near 4 weeks now, one red day (-0.2% draw-down) since new version launch Crude Oil Trading AI software. Current return trajectory 83% per annum. Target 151%. 3 yr history +90% trade alert win rate. Verified P&Ls. EPIC Oil Algorithm #tradealert #OOTT $USO $WTI $CL_F #machinetrade

Watch List, Current Trades:

Current Trades – The AMD trade is going very well, we’re 2/3 trimmed on longs at this point but will likely add as we go through the sequence of buying support and selling resistance areas. The Bitcoin trade, first 3/4 were good and last 1/4 not as good, we’re completely out at this point however, we are going to be very active next week forward with new machine trade software development starting. All new swing trades (per above) and reporting on all existing swing trades will be very active over next week.

It’s Friday so don’t try and make up your week today, liquidity in daytrading equities can be weak on Friday’s.

$SGBX at 150%+ in premarket is the big mover, again, caution its Friday and it is a chat room pump, lots of caution.

Bitcoin, not sure at this point, watching the trade within the models close, may be looking at a short term swing entry this weekend, will advise. Still alerting on the swing private feed but new alert feed for BTC in works now.

CXO, DVN, FANG, ECA, EOG, HAL, PTEN, NBL, MRO etc all with down grades this morning, watching the sector close to say the least.

Recent Swing Trading and Day Trading Reports (all charts can be brought down to Day Trading time frame):

Protected: Swing Trading Strategies | SP500 $SPY Volatility $VIX Gold $GLD Silver $SLV Bitcoin $BTC Oil $USO US Dollar $DXY | July 7 Premium #timecycles

Protected: Daytrading Bitcoin (BTC) and Intra-Week Short Term Swing Trades July 7 | Premium $BTC $BTC.X $XBTUSD $XBT_F

Protected: Swing Trading Strategies, Charts, Alerts w/ Video | Premium $PXD $TLRY $TSLA $EEM $AGN $AMD $INTC $XOP $MGI $BOX $FB $PLUG $BTC $LYFT $IOTS $SQ $STNE $TEUM $AU …

Master Trading Profit & Loss Statement (Most Recent – Updated Regularly – Check Blog for Updates):

Trading Profit & Loss Report | Trade Alerts Nov 2016 – June 26, 2019 Day Trades, Swing Trades, Oil, BTC Etc.

Recent Daily Trading Profit & Loss Reports:

Trading Profit & Loss Report (Trades, Alerts) July 10 “MY ANGRY RANT – WHY MOST TRADERS LOSE”, $AMD, $CL_F, $USO, $BTC, $BTC.X, $XBT_F #OOTT

Trading Profit & Loss Report (Trades, Alerts) for July 8 $AMD, $BTC, $XBT_F, $CL_F, $USO

Trading Profit & Loss Report (Trades, Alerts) for July 3 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO

Daily Trading Profit & Loss (Alerts) Report: July 2, 2019 $AMD, $BTC, $XBT_F, $WTI, $CL_F, $USO

Daily Trading Profit & Loss (Alerts) Report: July 1, 2019 $AMD, $KOOL, $BTC, $XBT_F, $WTI, $CL_F, $USO

Recent Premarket Notes (for more about what we’re up to with our trading):

Protected: Premarket Watch List July 9 $CHEK, $OGI, $AZRX, $AMRH, $RHT, $ACIA, $SQ, $AMD, $USO, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY

Premarket Watch List July 8 $SGMO, $AMD, $OASM, $AYTU, $CBIO, $SYMC, $ORN, $USO, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY

Premarket Notes: Swing Updates, New BTC Platform w/Machine Trade, Oil Machine Trade Completion $USOIL $WTI $CL_F $BTC $BTC_F $XBT_F #premarket

Premarket Note: Equities, Oil Levels to Watch, Swing Trades/Alerts, P&Ls, Webinars: Oil, Swing Trading, Bitcoin | $USOIL $WTI #OOTT $BTC #premarket

Company News:

SOVORON™ Selects Compound Trading Group Machine Learning Data | Media Release

Subscribe to Learn and Profit:

Click Here for Subscription Service Price Tables.

Free Mailing List(s):

Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.

Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)

Public Chat:

Visit our Free Public Chat Room on Discord.

Article Topics: Premarket, Trading, Watch List, Stocks, Commodities, Alerts, Trading Room, Bitcoin, $SGBX, $AMD, $USO, $GLD, $SLV, $SPY, $BTC.X, $VIX, $DXY, #OOTT


Going Back to 2002, Twelve of last Thirteen Major Time Cycle completions on Weekly Oil Chart (a significant structure) have a Trend Reversal to one extent or another. 

This structural set-up should not be ignored by oil traders as the weekly chart is a significant structural consideration for long / short bias in trade planning and positioning.

Consideration toward indicators or chart set-ups / patterns in your oil trade planning is good (technical), as is fundamental research.

However, relying on limited individual charting indicators or set-up patterns (such as moving averages, MACD, head and shoulder pattern, etc) to form a bias can be problematic as it doesn’t provide a complete “structural” perspective to effectively form trade bias / positioning.

In our work, we rely heavily on chart structure on various time frames (1 min, 3, 5, 15, 30, 1 hour, 2, 4, Daily, Weekly and Monthly).

Above all else, the structure of the trading instrument (in our work and trade) is trump consideration. We know that all financial instruments have a structure and it is this structure that allows our trade positioning and our machine coding to operate at a significant advantage to the broad market.

If you wish to confirm our call record, contact me anytime for a personal tour of time stamped alert feeds, private user feeds and more.

January 2019 Update:

It happened again… today I posted an updated chart that brings the count to 13 out of last 14 time cycles, see below.

Dating back to 2002, 13 of 14 major time cycles on weekly crude oil chart structure seen trend reversal to some extent or another #Oil #OOTT #TimeCycles FX USOIL WTI $CL_F $USO $UWT $DWT

https://www.tradingview.com/chart/USOIL/F8Z9UE66-Dating-back-to-2002-13-of-14-major-time-cycles-on-weekly-crude/

The Technical Significance of the Weekly Oil Chart and Structure Presented:

Specific to the point of this post, below is the oil chart I published to Trading View that shows the time cycle peak areas of oil on the weekly chart. The weekly oil chart is a significant structure because it is one of the broadest time frames the market uses to chart the trade of oil.

Dating back to 2002, 12 of 13 major time cycles on weekly oil chart have seen trend reversal to some extent or another #OILChart

Real-time oil chart link: 

https://www.tradingview.com/chart/USOIL/SvCYkyzH-12-of-last-13-time-cycles-in-Oil-trade-had-trend-reversal-OIL/

Oil chart, time cycles

Dating back to 2002, 12 of 13 major time cycles on weekly oil chart have seen trend reversal to some extent or another #OILChart



12 of last 13 time cycles in Oil trade had trend reversal. #OIL by curtmelonopoly on TradingView.com

How to Read this Oil Chart:

  • The vertical green lines show the date(s) of the peak time cycle area. You will notice that oil trade has reversed trend 12 of the last 13 time cycle peak areas. In some instances immediately and in some instances a few weeks later. You will also notice that the trend reversal is at times considerable and at other times not so much. The only time cycle peak that did not see a trend reversal was during the price plunge in October of 2014.
  • The yellow arrows on the oil chart denote area of trend reversal (in some instances a simple retrace and in others the reversal in oil trade is much more significant).
  • The diagonal blue lines are simple Fibonacci related trendlines that form what we call Trading Quadrants (the term comes from the lab work we do in preparation for machine coding of our algorithm models).
  • The horizontal lines are Fibonacci related support and resistance (retracement) lines. Our Fibonacci work is formed specific to chart structure and not conventional Fibonacci retracement work you may usually see from market chartists.
  • The red circles are targeted areas of precise trade that we note for our reference and purpose as it relates to our work. Not a significant indication on this chart for the point of this post.
  • The moving averages 20 MA, 50, 100, 200 are also on the chart and also not significant to the point of this post.

Below are Oil Chart Snap Shots From 2002 to Present (Note the Symmetry):

Symmetry and patterns in trade are important, especially if symmetry can be established within time cycles with some regularity. The chart images for oil trade from 2002 to 2018 (present) display the importance of this type of work.

Oil Charting Jan 2002 to Jan 2009 shows a consistent pattern / symmetry of oil trade trend reversals at time cycle peaks. $USOIL $WTI $CL_F #OIL

OIL, chart, historical, time cycles, symmetry

Oil Charting Jan 2002 to Jan 2009 shows a consistent pattern of oil trade trend reversals at time cycle peaks. $USOIL $WTI $CL_F #OIL

Oil Charting Jan 2008 to December 2014 also shows the trend reversal pattern with one exception in Oct 2014. $USOIL $WTI $CL_F #OIL

Oil, charting, historical, symmetry, trend reversals

Oil Charting Jan 2008 to December 2014 also shows the trend reversal pattern with one exception in Oct 2014. $USOIL $WTI $CL_F #OIL

Oil Charting from Aug 2013 to present day in May 2018 also displays the trend reversals post time cycle peaks. $USOIL $WTI $CL_F #OIL

Oil, charting, symmetry, time cycles, trend reversals

Oil Charting from Aug 2013 to present day in May 2018 also displays the trend reversals post time cycle peaks. $USOIL $WTI $CL_F #OIL

Where are We Now?

Oil trade is now on the other side of an important time cycle completion / peak, as with the last thirteen time cycles highlighted in this post.

There is a very high probability of a reversal in trend, whether it be a simple retrace or a completely new trend develops.

How to Trade The Next Move in Oil:

For a detailed swing trading plan for the next move in oil register to our free mailing list and you will receive a copy. Unsubscribe anytime.

If you are already on our mailing list, you will automatically receive a copy of the oil trading report when released shortly.

Crude Oil Trading Academy : Learn to Trade Oil:

Learning to Trade Crude Oil Futures Contracts is Like No Other Trading – Having a Rules Based Process Will Help You.

Visit our complimentary study links here for real articles from our oil traders day to day experience in our oil trading room, click here – Crude Oil Trading Academy : Learn to Trade Oil.

Learning to Trade? Here are some links that reflect topics in this post:

Trend Reversal https://www.investopedia.com/terms/r/reversal.asp

Charting Time Cycles http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:cycle_lines

Fibonacci for Charting https://www.investopedia.com/terms/f/fibonacciretracement.asp

Symmetry in Mathematics https://en.wikipedia.org/wiki/Symmetry_in_mathematics

Subscribe:

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30% Off Oil Newsletter: Use Promo Coupon Code “epic30” When Subscribing to our Weekly Oil Newsletter Here: https://compoundtrading.com/product/standalone-epic-newsletter/ (cancel anytime, for new members only to trial the service).

30% Off Oil Alerts: Use Promo Coupon Code “oilalerts30” for Real-Time Oil Trade Alerts via Private Twitter Feed @OilAlerts_CT Here: https://compoundtrading.com/product/live-oil-trading-alerts/?attribute_plan=One+Month (cancel anytime, for new members only to trial the service).

Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

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Email: compoundtradingofficial@gmail.com

Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Compound Trading Platform: Algorithm model charting for $SPY, $VIX, #OIL, #GOLD, #SILVER, #Crypto ($BTC Bitcoin, $ETH, $LTC, $XRP,) $DXY US Dollar and Swing Trading Newsletter. Live trading rooms for daytrading and oil traders. Private coaching and live alerts.

 


Friday Feb 3, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC – $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

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.

Mid-Week Update – Important Levels.

Important, we spent hours recalculating the lower algo line historical data and have adjusted it lower (which makes sense based on Monday and Wednesday targets but we don’t adjust the lines unless the historical calculations can prove out our thesis. So bottom line is that the lower diagonal alpha algo trendline (red dotted) on the chart has been lowered, which also lowers the Friday 13:00 EST target and puts the target under the major resistance! Which also makes more sense from an algorithmic modeling perspective.

Red arrow is algo target Friday (remember Friday targets hit less than 90% closer to 75-80% and Tues and Wed 90% ish).

White arrow (white dotted diagonal) is algo Fibonacci based trend-line that acts as support and resistance for intra-day trade and is more alpha than horizontal purple support and more alpha than the Fibonacci horizontal lines.

Purple are horizontal trend-lines – support and resistance for intra-day trading (as with all others the thicker they are the more important).

Yellow is the same as purple but most important ones on charts that we have highlighted as very important support and resistance for our traders – correlate with historical time/price cycles.

The blue diagonal trend-lines are the most important support and resistance indicators on this chart. Remember there is a down-trending diagonal resistance overhead – not on this chart but one that I have pointed out in other recent posts (blue). It is critical.

And miscellaneous green arrows with various colored horizontal lines (all relatively thin) are the Fibonacci horizontal supports and resistance you can use for intra-day trading.

Full report scheduled for this weekend for next week! It should be an interesting week with crude trading so close to very important support and the algo targets I will publish for that range on the weekend!

Crude algo intra work sheet 537 AM Feb 3 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Live Oil Chart: https://www.tradingview.com/chart/USOIL/wt1LkYZG-EPIC-the-Oil-Algo-Member-Chart/

Crude, Oil, EPIC, Algo, Chart

Crude algo intra work sheet 537 AM Feb 3 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Watch my EPIC the Oil Algo Twitter feed for intra-day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

PS If you are not yet reviewing the daily post market trading results blog posts, please do so, they are on the blog daily (unless we are behind in posting) and often there is information that also may assist your trading. Trade room transcripts (for example) may review topics pertinent to your trading.

Article topics: EPIC, Oil, Algo, Crude, Oil, FX, $USOIL $WTI, $USO, $UCO, $CL_F, $UWT, $DWT, $ERX, $ERY, $GUSH, $DRIP, OOTT, Chart, Algorithm, Indicators, Fibonacci