RE: May Trading Schedule
Good afternoon traders,
In the month of May it will be hyper critical to follow our alerts and videos from Mid Day Trade Set-Up Reviews and Sunday $STUDY Sessions.
I fully expect global markets to shift considerably, the crypto opportunities to increase in regularity (similar to our BTC and ARRR calls) and VIX, SPY, GOLD, SILVER, DOLLAR trading to be very active.
As the global markets begin to shift in to next two time cycles the day to day stock set-ups we use should become significant opportunities also.
During the last weekend of May we will run the second part of the Trader’s Boot Camp and then in June sometime a formal consolidated Trader’s Boot Camp tying it all together.
If you missed Part 1 of the Trader’s Boot Camp series there are two spots open online and two in person available. Jen will be offering those to the public sometime soon so this is your notice.
Thanks,
Curt
Note: Traders that register to Part 2 of the Boot Camp series will receive videos from Part 1. All attendees for all sessions receive all session videos. Register here for the Trader’s Boot Camp series.
Short Instructional Oil Trading Strategy Article and Video.
Exactly How We Executed Day Trade for Price Reversal Intra day Oil Trade.
This strategy works for us over and over again and is alerted to our premium oil trade alert feed and in the oil trading room.
The video and article highlight the algorithmic model charting but the disciplines of trade can also be applied to conventional or classical charting when day trading crude oil.
VIDEO: Day Trading Crude Oil Intra Day Price Reversals – Oil Trading Room, “How To” Instructional.
We start below with a screen capture of the oil trading room, with a trade alert at 10:59 AM EST on watch for the support coming at the 1 hour oil charting support area of 35.37.
Intra-day oil price actually hit exactly that price and then oil price reversed for the trade to trigger. You can see clearly the signal price target perfect hit if you look 3 images down you can see it clearly on the 15 second day trading chart (1 minute trading model brought down to 15 second time frame).
Oil Trading Room – trade strategies discussed, 35.37 seems to be the decision support area on the 1 hour crude oil symmetry model.
The one hour algorithmic oil chart below is the chart that was referenced in the oil trading alert to be on watch for the price reversal expected at 35.37.
We are intent on building the best oil trading room and alert service in the world, this proprietary modeling is one example of the edge our oil traders have.
You can read more about the 8700 rules our oil trading software uses to execute trades here.
35.37 seems to be the decision support area on the 1 hour crude oil symmetry model
The chart below is the 1 minute oil daytrading model our traders use.
It is a machine grid and in the image below it is brought down to a 15 second time frame to show our traders how the software executes to the signal of progressive volume on the chart volume bars on the 15 second timeframe.
If you look at specifically where the trade long was started you will see the increased volume on 3 x 15 second time frames for the software to alert the trade to our subscribers.
Additionally, not shown, the software also requires progressive machine liquidity order flow buying identified on the EPIC IDENT system (also proprietary that you can read more about in the white paper link above).
Also you will notice that the set-up included a double bottom in oil trading price intra-day.
And finally on this chart you will see that price was using the one minute chart model support (see blue and red horizontal lines on chart).
Those four signals (progressive volume, progressive machine buying, double bottom, one minute support on chart model) created a strong enough signal to alert and execute the trade in the trading room and alert to the various feeds. The one hour support as show above also was considered in the probability analysis for execution of the trade.
For additional signals I recently wrote another oil day trading article you can find if you click here.
Oil trading strategy set-up – double bottom price intra day on 1 minute chart support (shown on 15 sec time frame) #oiltradingsetups
The five minute chart model includes time cycles for daytrading crude oil.
In this trading strategy the mid cycle point was hit perfectly on the chart at 11:00 AM. You can see that the price of oil hit the mid cycle perfectly and bounced to VWAP area and then double bottomed for the alert to be sent out to members for the trade.
Time cycles are critical in crude oil trading strategies because most of the oil trading liquidity in world markets is now traded by machines and knowing how the machines are executing trades is key. One the primary methods machines use to trade is time cycles. The video provides more in depth discussion.
Oil trading strategy set-up on 30 minute EPIC model a perfect hit to key support (trading box of quad) #daytradingoil
The EPIC ALGORTHM 30 minute chart model is shown below and the key support discussed in the video is marked with a white arrow below.
As described in the video, another key trigger for this oil trading strategy intra-day was the key support on the 30 minute chart time frame.
Also, in the video I discuss how trade had bounced progressively “up the stairs” of each support on the chart model, this is a strong signal for the trading strategy.
Oil trading strategy set-up on 30 minute EPIC model a perfect hit to key support (trading box of quad) #daytradingoil
And on the one hour chart below you can see the result of a well executed oil trading strategy, the trade went flawlessly and with ease. Intra-day oil trading without a lot of stress.
Oil trading strategy set-up on hourly symmetry chart – price support at trajectory line to oil price target #oiltradesetups
Other Links:
There is also a live raw video link of the Oil Trading Room live alerted trade as it happened – click here.
Link to screen shot of Oil Trade Alerts for this trade of Premium User Twitter feed click here.
Click here to Subscribe to Live Oil Trading Alerts: Use Code “TRIAL50” for 50% off.
Click here to Subscribe to Oil Trading Room: Use Code “TRIAL50” for 50% off.
Link to Free Articles on “How To” Day Trade Crude Oil here.
Any questions about the oil trading strategies reviewed in this article send me an email anytime at [email protected].
Thanks
Curt
Article Topics; oil trading strategies, daytrading, crude oil, oil trading room, signals, trade alerts.
Trading the Trend Line Break-Out for an Intra-Day Run-Up of 200 Points Happened Today in Oil Markets.
Below is a Step by Step Simple Guide of How To Trade this Strategy in Crude Oil.
Today crude oil broke out bullish in intra day trade of a trend line resistance. This simple step by step guide will help you get the big wins when they count.
I didn’t take the trade. I had alerted the trade set up to our oil trading room members on the alerts feed, and DID NOT TAKE THE TRADE, ugh.
But, not every trader takes every trade.
Below is a screen capture of the oil trading alerts feed – one of the intraday communications to our members about the intraday bullish set-up developing.
“So what I’m saying is I don’t think intra day shorting is a best practice idea while this possible squeeze is threatening shorts, it could be very bad for shorts, especially with a blow off in to 30 31s possible, see upper arches (gray).”
Oil trading alert to oil trading room members to be cautious of a bullish squeeze setting up intraday. #oiltradingalerts
Below are the tips and steps for you to follow.
Part 1 of this article explains the conventional charting for this set up and how to trade the basics of the strategy.
Part 2 provides further technical insight for our oil trading room and alert members – it will be sent out to members in about an hour. Part 2 also includes algorithmic levels, price extensions, Fibonacci levels, price targets and time cycles.
First, lets look at the trend line set-up trade on an oil chart.
CHART – Simple Crude Oil Intraday Trading Strategy
The simple one hour crude oil chart below shows you the trend line resistance and intraday trade action when trade broke out #intraday #crudeoiltrading
Steps to Trade an Intra Day Crude Oil Trend-Line Break Out:
- Chart the Set-up.
- Oil traders should be constantly charting trend lines on whatever time-frame they are trading. In this instance I charted the trend line resistance on a one hour chart.
- Three Possible Trade Scenarios When Price Breaks Out.
- The break out fails. This is possible so be sure to use stops or reverse your trade if the break out of resistance fails.
- The break out succeeds and price keeps running without a retest of previous resistance (now support). If price does not come back to test support of the trendline then you have to be prepared to take the trade long and go with price action.
- And finally, price breaks out of resistance and then comes back to retest the new support (which was previously the resistance of the trendline structure).
- Trade Price Action.
- In this example, crude oil price intraday broke out of the trend line resistance and then retested the level and then continued for a bullish 200 point run up in price. When the retest happened and support held, this was your golden opportunity for massive gains to your P&L.
So that is what a simple strategy in crude oil intraday trading looks like.
It comes down to always be charting your intraday price action and learning how these set-ups work. And then simply managing your trade execution with trade size management, technical levels, stops and sound thinking.
As a last side-note, I will say that ideally you want to get the trade started at the support of the actual structure of the set-up (as shown in the EPIC tweet below), however, this is more advanced and I will discuss in detail in Part 2 of this article.
Power of trend line price breakouts from a trading structure support, crude oil intraday near 200 points from oil trade alert buys earlier #OOTT $CL_F $USO #oiltradealerts EPIC V3.1.1 software was in deep at 24/30 size in position trading, very large size. Lead trader was also.
This trade set-up strategy was the day after the EIA report on Wednesday, for other simple intraday strategies visit our website. For a more in depth look at intraday crude oil trading strategies try this article (click here).
Thanks for joining us in our trading journey, we endeavor to build the best winning oil trading alerts and oil trading room service for oil traders.
Part 2 of this article is here:
Any questions please send me a note via email [email protected].
Thank you.
Curt
Further Learning:
If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.
Welcome to NYMEX WTI Light Sweet Crude Oil Futures.
Subscribe to Oil Trading Platform:
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Real-Time Oil Trading Alerts (Private Twitter feed and Discord Private Server Chat Room).
Oil Trading Room Bundle (includes Weekly Newsletter, Trading Room, Charting and real-time Trading Alerts on Twitter and private Discord Chat Room Server).
Commercial / Institutional Multi User License (for professional trading groups).
One-on-One Trade Coaching (Via Skype or in person).
Article Topics; simple oil, intraday, strategies, trend line, break outs, trade, day trading, crude oil, trade alerts.
EPIC V3.1 Crude Oil Machine Trading Software Code Upgrade Details | White Paper Update
April 19, 2020
EPIC crude oil machine trading software is a proprietary software development project with an aim to trade crude oil futures. Historical reference can be found at the linked document below.
Click here for the original white paper drafts for EPIC V3 Crude Oil Machine Trade Software.
This white paper update is specific to the EPIC V3.1 software coding update completed for live trade use commencing April 19, 2020.
Purpose of Software Update
In recent crude oil futures trade, specifically since the COVID-19 black swan event, the trading price range and volatility of oil trade (OVX) has been divergent of historical structure.
See chart below: Crude Oil Volatility Index (OVX) chart showing oil trade volatility spiking from the 20s to 330s during black swan event.
Crude Oil Volatility Index (OVX) chart showing oil trade volatility spiking from the 20s to 330s during black swan event.
Impact to Software
The volatility in trade and the range of price negatively impacts the smaller range of accounts our software may trade at any given time. More specifically any account trading CL futures less than 10 contracts or approximately 100,000.00 in size is at significant risk. At 10 contract size to 30 contract size the risk is considerably mitigated but still present and at 30 contract size or greater the risk is almost completely eliminated.
While markets are functioning within historical normal trading ranges this is not the case, a 10 contract size account is at very low risk with EPIC V3 software and micro accounts (anything smaller than 10 contracts) there is moderate to considerable risk (the smaller the account the more risk).
Remedy of Risk
Our coding team has performed an update to the EPIC V3 software to trade a base account size of 30 contracts (300,000.00 USD or greater) to allow for greater range of trading price and volatility.
The software instructions for the most part have not changed, the original EPIC V3 protocols remain per previous white paper linked above – at the start of this document.
What is different is simply the size of account as the base case instructional presumption within the code which allows for the software to trigger in smaller “dot plots” within various trading ranges and structure.
Projected Returns
The projected returns annually are expected to drop to a base case scenario of +-40% in an extremely volatile market as we are witnessing since the on-set of COVID-19, however, in times of less volatility we expect this will significantly advantage the EPIC V3.1 updated software and annual returns are expected to well exceed EPIC V3 software coded for a 10 contract base case scenario.
Put simply, the larger the account the more advantaged (refer to the original white paper for further code instruction detail).
At times when crude oil trading price range and volatility return to “normal” conditions we expect returns to easily exceed 100% per annum, however, all return expectations at this juncture are only predicted results based on in-lab testing and not real-world trade. All return estimations and projections are simply theoretical until proven otherwise.
Our oil trade alert clients can refer to the document below for more detail pertaining to the alerts service;
Business Inquiries.
For information about oil trade alerts, oil trading room and oil trade reporting contact Compound Trading Group at [email protected].
For information about automated machine trading platforms contact our agent representative Richard Regan as follows:
CONTACT
Email [email protected]
Phone 1-849-861-0697
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Others in this document series can be found here:
- December 10, 2023: EPIC Update: v6.1.1 Machine Learning Trade Software – Final Protocol Real World Results
- June 3, 2023: EPIC v4.1.1 Crude Oil Machine Trade Software White Paper | June 3, 2023
- March 28, 2022: EPIC v3.3 Crude Oil Machine Trade Software White Paper | March 28, 2022 Update
- January 7, 2021: EPIC v3.1.5 Crude Oil Machine Trade Software White Paper | Updated January 11, 2022 w/ Trade Execution Data
- June 4, 2020: EPIC V3.1.1 Crude Oil Machine Trade Software Update | June 4, 2020 White Paper #OOTT $CL_F $USO $USOIL
- April 19, 2020: EPIC V3.1 Crude Oil Machine Trade Software Update Details | White Paper #OOTT $CL_F $USO $USOIL
- December 29, 2019: How EPIC v3 Crude Oil Machine Trading Outperforms Conventional Trading
Article Topics; Crude, Oil, Trading, Algorithm, Machine Trading, DayTrading, Futures, EPIC, Trade Alerts, Oil Trading Room, $CL_F, $USO, $USOIL