Wednesday July 10 Trading Profit and Loss Report.

  • Day Trade and Swing Trading.
  • Equities, Commodity and Bitcoin Trading.
  • Personal Trades and Machine Software Trades.
  • Includes Live Trading Room Raw Video Feed Recording.
  • Includes Trade Alert Links / Screen Shots.

Note: I am just getting back in to the routine of posting daily trade profit and loss reports. For now the reports will include basic information and over time we will provide more information for traders that are using this information for their study and /or trading plans. Near future we will include more formal P&L spreadsheets also. 

Section 1: Trading Day Summary.

Good morning, I am writing this in premarket on Thursday, I’m doing July 10 trade results now and if time I will do July 9 (July 9 was only oil trades, all wins), but July 10 was more involved so I’m doing it first to be our traders are up to date.

Caution, there is quite an angry rant below about me not being surprised most people fail trading.

Wednesday was #EIA day for oil traders and Fed testimony day. I took a 1/3 off my $AMD long swing (going great), closed the final 25% of my Bitcoin $BTC short (final execution was not near as good as the first 75% of the trade), nailed a crude oil long trade along with our software machine trade (which is doing great).

Per recent note below in italics, reports are coming we were in it all last night and they will start going out this evening, we want all our new entries to be in place for all swing trades between today and Tuesday for this important time cycle.

Don’t go to sleep, we have a flurry of equity, commodity and indices trades coming very soon. It’s all about time cycles and the current reporting in process getting released.

Per above our machine software nailed an oil trade continuing its march to considerable gains if its trajectory continues since most recent version launched. For more information on the machine trading platform contact Rich at Sovoron direct www.sovoron.com.

Profit & Loss: Daily +$136 YTD+$4,643 Projected $80,694 or 81% Oil Machine Trade 100k Account. #OOTT #Oil #MachineTrading $CL_F $USOIL $WTI $USO

New version of software 1 red day 0.2% draw down since launched over 2 weeks ago. Current rate of return (annual ROI compound) 82% but we know when #AI gets in to its groove 150% will be the mark. Verifiable P&Ls. #OOTT #machinetrade #oilalerts $CL_F $USO $USOIL $WTI

Top performing funds of 2018:

1. Odey European

Performance in 2018: 53%

Strategy: Macro

Section 2: Specifics on Trades for the Day.

If you cannot see a chart below, a link is not available or not showing to the alert and/or chart or parts of the data is blocked with ******, this is because it is a premium member chart or alert. As time allows I provide in the section below copies of charts, guidance from private member Discord server chat room, live trade room screen shots and screen shots of alerts.

Oil Trades / Alerts.

Below is a screen shot of the trade alert short side snipe technical trade 60.17 to 60.10. The earlier trade in futures is the one below this image.

crude oil, trading, alert, short

Next trade alert was the short oil 60.17 to 60.10 for a snipe. #crudeoil #tradingalert

oil, trading, room, chat, alert

Image capture of oil trade chat room with crude oil chart that shows the short #oiltradingroom #alert

Below, a screen capture from oil trading alert feed on Twitter, the first trade (early futures) both I and machine software traded long for a win. Entries from 58.40s & .50s and we closed the trade 58.72 area and alerted it.

crude, oil, trade, alert, futures

Crude oil trade alert for members, lead trade long in early futures with machine trade software also #oitradealerts

Bitcoin Trades.

Note: We continue to alert Bitcoin on the swing alert feed for now (and by email), this will change soon however when our new Bitcoin trading chat Discord server opens and the new Bitcoin alert feed on Twitter is available to members.

I did get stopped out on the final 25% of this BTC trade when I was out in the evening at meetings Wed night, the first 75% was great and the last not so good. My BTC trading will get very regular in to next week as we’re launching our coding of the BTC algorithm now that we’re done the Oil trading algorithm. We have big plans for this area of trade / machine trading, alerts etc. The returns in our Bitcoin trading will be the largest returns we achieve, easily hands down. More on that very soon.

BTC, trade, alert

BITCOIN (BTC) if it breaks upside 12250 and holds I may have to close last 25% of short, watching close $XBTUSD $XBT_F $BTC #Bitcoin

Swing Trades.

Note: Our swing trade chart models can be used for daytrading (converting them on the fly is easy – bringing the time-frame down to 30, 15, 5 and 1 minute time frames).

As mentioned above, I closed 1/3 of my AMD swing trade. This trade is an excellent example of the power behind algorithm models. We took the entry at the support of the channel (marked with arrow on chart in screen shot below of trade alert). The point is, there was no channel there as conventional charting would see it. That channel support is part of the model. Conventional charting provides a channel on the chart after the fact. If you look at any of the experts that were trading this (and I won’t mention names), they were talking up their AMD trade with entries long after ours, because they couldn’t see what we could see.

This is a critical lesson that 99% will over-look. It not only provide better returns for your swing trades, but more confidence in your trades and precise areas to exit.

Our new swing trade report due out soon has many of these excellent set ups. And our members can access many models from the 3 years we have been building models in equity markets, it is a significant advantage and the primary reason we post incredible swing trade returns (see our profit and loss master document).

Our swing trade returns (alerted) are top of class, you can’t get better, you just have to stop for more than a minute and look at the P&Ls and the alert feed. It’s quality over quantity, not casino mind trading. If you’re sensing emotion to this there is, check the alerts and try and find better. Those returns beat the best hedge fund returns in the world. Time stamped, alerted live, recorded in live trading room – the evidence is there and couldn’t be more clearly laid out, for near 3 years! The only thing I could do more is serve it McDonalds style with a nice cover image, drive thru style 2 min videos so that most would eat the sh*t that the market serves out, oh and put two lines on the chart. World class swing trading, best you can get. We know how many people open the charts, watch the videos, do their homework, its no wonder the majority fail. Totally disappointing. 

And now we’re developing machine trade for oil that will (if I get my way) beat the best funds in the world with-out trying (in fact we’re targeting 3 x their best results and currently on track for 2 x) and soon Bitcoin machine trades. I mean really. Jeez. Do your homework and stop telling me everything is against you when I talk to you on DM or whatever. It’s your fault it ain’t the markets fault. VERY FEW do what it takes. All the videos are there, raw trading room feeds yes, that is what you need. You can look at the time stamp on the alerts and go to the raw trading room feed and hear everything I was thinking about the trade set-up and more.

THIS IS WHAT A TRADER NEEDS, YOU DON’T NEED DRIVE THRU CASINO MIND SH*T 2 MIN VIDEOS. THIS IS WHY YOU DON’T WIN.

THIS IS WHY THE MAJORITY OF TRADERS LOSE.

AMD, swing trade, alert

Closing 33% long $AMD 33.55 in to mid quad resistance hold 66% swing trade #tradealerts #swingtrading

Section 3: Trading Room Raw Video Footage for the Day.

#OilTrading #BitcoinTrading #DayTrading #SwingTrading #MachineTrading #TradeAlerts

The video below is a raw feed only, to find live trading and trade alerts voice broadcast when lead trader is trading in the room reference the time of day on the alerts. I make this available for authenticity / documentation and also some learning traders use the raw feeds for study purpose. Also, as time allows I publish separate trade set-up reports with video snippets to our blog and YouTube.

Live Trading Room Raw Feed 

The video below at time of posting is still uploading at YouTube so it may not be available yet when you try.

If you have any questions about my trading or need help with yours send me an email anytime compoundtradingofficial@gmail.com and I’ll do my best to help.

Thanks

Curt

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) 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: Profit and Loss, Trade Alerts, Trading, Day Trading, Swing Trading, Oil, Bitcoin, USO, CL_F, BTC, BTC.X, XBT_F, AMD


Monday July 8 Trading Profit and Loss Report.

  • Day Trade and Swing Trading.
  • Equities, Commodity and Bitcoin Trading.
  • Personal Trades and Machine Software Trades.
  • Includes Live Trading Room Raw Video Feed Recording.
  • Includes Trade Alert Links / Screen Shots.

Note: I am just getting back in to the routine of posting daily trade profit and loss reports. For now the reports will include basic information and over time we will provide more information for traders that are using this information for their study and /or trading plans. Near future we will include more formal P&L spreadsheets also. 

Section 1: Trading Day Summary.

Monday was moderately calm trading day.

Don’t go to sleep, we have a flurry of equity, commodity and indices trades coming very soon. It’s all about time cycles and the current reporting in process getting released.

Our machine software nailed an oil trade continuing its march to considerable gains if its trajectory continues since most recent version launched.

New version of software 1 red day 0.2% draw down since launched over 2 weeks ago. Current rate of return (annual ROI compound) 82% but we know when #AI gets in to its groove 150% will be the mark. Verifiable P&Ls. #OOTT #machinetrade #oilalerts $CL_F $USO $USOIL $WTI

On the stock (equity) trading front it was quiet for Day Trades and Swing Trades (as said previous, when new swing trade report is launched this will change, we expect it at latest Wed night this week). I am watching $AMD close as I am in 3/10 size, the other swing trades / updates will be on the report (I have a number of open trades that I will report on).

Still in the Bitcoin short 1/4 of the size of initial short, first 3/4 went well and final 1/4 a tad under water. Over all a decent trade. 

Section 2: Specifics on Trades for the Day.

If you cannot see a chart below, a link is not available or not showing to the alert and/or chart or parts of the data is blocked with ******, this is because it is a premium member chart or alert. As time allows I provide in the section below copies of charts, guidance from private member Discord server chat room, live trade room screen shots and screen shots of alerts.

Oil Machine Trades / Alerts.

Since the new version of software was launched a few weeks ago it has a decent P&L rolling along (as noted above), here’s a quote from the machine P&L report I was reviewing this morning (soon you will get daily copies);

“Profit & Loss: Daily +$389 YTD+$4,500 Projected $82,120 or 82% Oil Machine Trade 100k Account.”

Below are the oil trade alert screen shots of the machine software alerting our members to the opening and closing of the trade.

Crude, oil, trade, alert

Crude Oil Trade Alert $CL_F $USO $WTI #OOTT machine is long 10% size tight stops 57.64 not a big position

oil, trading, alert, trade, closed

Oil trading alert, closed 57.96 likely re enter on buy sequence to 1000 time cycle.

Personal Oil Trades.

  • I traded with the machine software as it traded only.

Machine Bitcoin Trades.

  • N/A in development.

Personal Bitcoin Trades.

  • None, watching current action to either re-short at resistance (see member report) or cover the final 25%. Decent trade so far but would like to see price targets 2 and 3 of 3 hit. Price target 1 hit.

Personal Swing Trades.

  • No new positions, adds or trims (other than Bitcoin). This will get very active as soon as the new swing trade report is released.

Personal Day Trades.

  • None on day. There were a few set-ups per the premarket report I was ready to trigger on but the equity markets slumped so I didn’t trigger a day trade in equities.
  • As above, once the new swing report comes out my day trading will get much more active. Our swing trade chart models can be used for daytrading (converting them on the fly is easy – bringing the time-frame down to 30, 15, 5 and 1 minute time frames).

Section 3: Trading Room Raw Video Footage for the Day.

#OilTrading #BitcoinTrading #DayTrading #SwingTrading #MachineTrading #TradeAlerts

The video below is a raw feed only, to find live trading and trade alerts voice broadcast when lead trader is trading in the room reference the time of day on the alerts. I make this available for authenticity / documentation and also some learning traders use the raw feeds for study purpose. Also, as time allows I publish separate trade set-up reports with video snippets to our blog and YouTube.

Live Trading Room Raw Feed 

If you have any questions about my trading or need help with yours send me an email anytime compoundtradingofficial@gmail.com and I’ll do my best to help.

Thanks

Curt

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) 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):

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

July 2 – Premarket Notes: Swing Updates, New BTC Platform w/Machine Trade, Oil Machine Trade Completion $USOIL $WTI $CL_F $BTC $BTC_F $XBT_F #premarket

June 28 – 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: Profit and Loss, Trade Alerts, Trading, Day Trading, Swing Trading, Oil, Bitcoin, USO, CL_F, BTC, BTC.X, XBT_F, AMD


Daily Profit and Loss Summary for Personal Day and Swing Trades, Oil and Bitcoin Trades, Machine Trades and Alerts. Includes Live Trading Room Video and Alert Feed Screen Shots.

I recently posted to my Twitter feed that I would start providing daily trade profit and loss summaries and also posted some info on our goals for our machine trading / alert compound gains. Thread is below.

This is the first profit and loss post, this will for now be basic and over time we’ll get more info and more formal (with proper P&L spreadsheets). Below is what time allows for today.

Oil Machine Trades / Alerts

There were four oil trades, all winners, the target (goal) for the day was exceeded by the machine trade.

3 of 4 of the trades were alerted. Alerts went to private Discord server, private member oil alert feed, were broadcast (my voice with charting) in the live trading room. 1 of 4 was only alerted live in trading room.

Personal Oil Trades.

None, however, I will be trading along side the machine trade alerts going forward now that our coding is mostly complete for oil.

Machine Bitcoin Trades.

N/A in development.

Personal Bitcoin Trades.

I shorted Bitcoin at 1/10 size, it went well and I covered 50% of the trade holding half at this point. Looking for a bounce to add to the short or if price gets to the price target I will close the short and re short after a bounce. Members can refer to the alert feed and / email sent out explaining the charting and trading plan for this short.

Personal Swing Trades.

The one swing trade was long AMD, which was a 2/10 size intended as an add to the current swing position (initial position at channel) and the other portion of the 2/10 size was to be a day trade, however, the day trade didn’t work so I am 3/10 long AMD. 

Members can check to the private member swing trade alert feed on Twitter and recent reports for all current swing trades (there’s a new consolidation report on deck coming also).

Personal Day Trades.

As above the AMD day trade, it went against me and the only reason I held it is because I’m in an AMD swing trade and because my sizing is correct. When you have a swing trading plan and you’re also day trading a stock then this becomes an option for a trader. This is why we first start with the larger structure of the financial instrument and put together a trading plan for the swing trade and then perhaps also day trade the stock. You can take any of the swing trade charting in the reports and bring it down to a day trading time frame. If I day trade a stock that we do not have models for I would never hold the trade whether it goes well or not.

Historical Profit and Loss Trading Statements.

Jen is currently reconciling all the trading profit and loss statements for the purpose of review and study. The most recent working document update is available here:

Protected: Swing Trading Profit & Loss Report | Swing Trade Alerts Nov 2016 – June 26, 2019

Password: 4321 (if asked)

Take a look at recent premarket note for more about what we’re up to with our trading here:

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

Trading Room Raw Video Footage on Day:

#OilTrading #BitcoinTrading #DayTrading #SwingTrading #MachineTrading #TradeAlerts

The video below is raw feed only, to find live trading and trade alerts voice broadcast when lead trader is trading in the room reference the time of day on the alerts.

Live Trading Room Raw Feed $AMD $USOIL $WTI $CL_F $BTC $XBT_F

Supporting Trade Alerts and Charting on Day:

If you cannot see a chart below, a link is not available or not showing to the alert and/or chart or parts of the data is blocked with ******, this is because it is a premium member chart or alert.

Crude Oil Trade Alerts.

3 for 3 for machine trade alerts today. Exceeding .6% daily 151% per annum goal. #OOTT FX $USOIL $WTI $CL_F $UWT $DWT #OilTradeAlerts #machinetrading https://twitter.com/curtmelonopoly/status/1145164315726684161 …

Machine trade caught the bottom turn today again. #OOTT FX $USOIL $WTI $CL_F $USO $UWT $DWT #OilTradeAlerts #MachineTrading

Bitcoin Alerts.

Short Bitcoin 10640s for price target 1 at ****** area then possibly on to two other targets in trend noted $BTC #tradealerts

https://twitter.com/SwingAlerts_CT/status/1145671162950799362

50% profit trim 10319.00 $XBTSUSD $BTC #Bitcoin 20 ma support test on Daily #tradealerts

https://twitter.com/SwingAlerts_CT/status/1145708849728540672

BITCOIN (BTC) Short term trading plan, short or long at each arrow, timing on lower time frames $BTC #tradingplan

BITCOIN (BTC) We have met all targets now since buy alert (green arrow), trajectory early, what’s next on deck in new charting and report due later today. $BTC #Bitcoin

https://twitter.com/SwingAlerts_CT/status/1145610739991883777

DayTrade & Swing Trade Alerts.

Long $AMD 31.89 (already in swing, so partial is swing add and partial day trade), day trade partial. Resistance / price targets 32.58 trading box, 32.89 trendline diagonal, 33.64 mid quad, 34.29 trend line diagonal, 34.65 trading box final target. #daytrade #swingtrade #alerts

https://twitter.com/SwingAlerts_CT/status/1145668110147563520

ADVANCED MICRO (AMD) up nice from channel alert, trading 31.89 premarket, watch marked areas for resistance #swingtrade #daytrade $AMD

https://twitter.com/SwingAlerts_CT/status/1145665998453952513

ADVANCED MICRO (AMD) Nice bounce off channel support and above trading box res, trim in to key resistance add above in trajectory #swingtrade $AMD

https://twitter.com/SwingAlerts_CT/status/1143884167882727424

If you have any questions about my trading or need help with yours send me an email anytime compoundtradingpfficial@gmail.com and I’ll do my best to help.

Thanks

Curt

Additional Info:

Master Trade 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.

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

Subscribe:

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.

 

 

 


Crude Oil Trade Strategy Updates June 23, 2019.

Signals for CL Day Trading, Trend and Swing Trading. Intra-Day, Daily, Weekly, Monthly Time-Frames.

The charts, algorithm models, signals, price targets and guidance included below are suitable for mechanically executed trading and are also the models our coding staff reference for our crude oil machine trade development.

With each chart model we may include trade strategy notes for your consideration.

For perspective, review historical reporting on our blog and the various videos we have published to our YouTube channel.

Much of the structured model discipline used is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street.

Crude oil price moves within structured areas (ranges) of charting on various time frames (different time cycles in trade). The structure oil price moves within (the range) can be one minute charting timing through to monthly charting. Time-frame set-ups / strategies are charted as conventional chart set-ups and/ or algorithmic chart set-ups (structures). Understanding and having each time frame at your immediate access (both conventional and algorithmic) will increase the probability of profitable trading.

Sizing your trades appropriate to your trading account and time frame for each set-up is additionally positive strategy.

Using the correct chart time-frame specific to your trading strategy is critical. Generally, the lower (smaller) the time frame the less predictable the support and resistance areas of the chart will be. However, the larger time-frames (monthly, weekly, daily) can also have significant “slippage”.

Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend. The basic method is to understand the range of trade and execute trade long bias when price is near support for the appropriate time frame / structure and the opposite is true for short trades.

Our staff use the thirty minute model structures (range within trends) most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy.

Positioning should be significantly biased to the trending range of trade. For more information about trend identification for trading various time-frames refer to this article on Investopedia; Multiple Time Frames Can Multiply Returns.

If you have questions about the models below please email us at compoundtradingofficial@gmail.com.

Not all charts are updated every week and some concept or test charts are added or deleted on occasion.

Please note, the chart links are now distributed specific to each user or small group of users. If you are using more than one device to access the charting, to avoid disruption of service, please email us a simple / general description of those devices to assist in controlling dissemination.

EPIC Crude Oil Algorithm Model. 30 Minute Oil Chart Structure.

The EPIC algorithm model chart below is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade within this specific time-frame.

The levels noted on the EPIC model are to be used as important areas of consideration for support and resistance (trade signals) for your trading strategy when using conventional charting set-ups / structures and/or other algorithmic charting.

Resistance and support areas on the thirty minute charting oil trade structure are at each line on the algorithmic chart. The primary areas of support and resistance are;

  • Outer quadrant walls / also used as channel support and resistance (orange dotted diagonal lines), the half way point between each is often an executable buy or sell trigger in trade (not shown on model below),
  • Mid channel line for uptrend and down trend (white dotted diagonal),
  • Mid quad horizontal (not marked but is at the mid point of the quad),
  • Fibonacci levels (various horizontal colored lines),
  • Historical areas of support and resistance (purple horizontal).
  • The intra-week swing trading range is from thick horizontal gray line to the next (commonly becomes a pivot area of trade).
  • The important historical diagonal trend-lines (conventional trend lines) are represented on the chart as thick white lines.
  • Also of note are the price targets for Tuesday 4:30 PM (API), Wednesday 10:30 AM (EIA) and Friday 1:00 PM (Rig Count). The Tuesday and Wednesday targets hit significantly more often than the Friday target (red circles with red or green vertical dotted lines intersecting).
  • At times other indicators are added to the chart such as trend lines and moving averages.

The video at this link explains How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, #OIL, #Trading, #Algorithm, #OOTT as does this video Oil Trading Room – How to Use EPIC the Oil Algorithm Model Chart June 21 #OIL #OOTT and this Webinar 1: EPIC the Oil Algorithm.

When conventional crude oil charting coincides (or agrees) with the EPIC algorithmic model support and resistance this is then considered a significant buy or sell trigger (signal) for crude oil trade.

Be aware (at minimum) of the primary support and resistance areas on the larger time-frames (lower time frames are not as critical) – in this instance (when trading the 30 min time frame) the 1 hour, 4 hour, daily, weekly and monthly charting should be considered when sizing your trades etc.

EPIC 30 Min Crude Oil Trading Algorithm June 23 233 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/Aspfj3Gn-EPIC-30-Min-Crude-Oil-Trading-Algorithm-June-23-233-PM-FX-USOIL/

Crude, oil, algorithm

EPIC 30 Min Crude Oil Trading Algorithm June 23 233 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil 30 Minute Alternate Chart Models.

Per recent;

30 Min Alternate Trend Lines Crude Oil Trading Model 1229 PM May 19 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/MVEzFhMX-30-Min-Alternate-Trend-Lines-Crude-Oil-Trading-Model-1229-PM-May/

alternate,, crude, oil, model, trend lines

30 Min Alternate Trend Lines Crude Oil Trading Model 1229 PM May 19 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

One Minute Oil Trading Model. Ideal for Intra-day Crude Oil Trade.

The one minute oil trading model provides for pinpoint trade entry, sizing and exit points for daytrading oil. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.

Intra-day diagonal trend-lines should be added by the daytrader.

Per recent;

One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/nDjB9hSd-One-Min-Crude-Oil-Trading-Model-day-trade-April-20-1120-PM-FX/

daytrading, crude, oil, chart

One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

5 Minute Crude Oil Chart Model.

The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intra-day on this time frame. The horizontal / diagonal / sloping up-trending green lines can be used as support and resistance decision areas.

5 Min Crude Oil Trade Model 308 PM June 23 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/NRFNC1Yc-5-Min-Crude-Oil-Trade-Model-308-PM-June-23-FX-USOIL-WTI-USO-CL/

5 min, crude, oil, chart

5 Min Crude Oil Trade Model 308 PM June 23 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

15 Minute Crude Oil Trading Model(s). 

Crude oil 15 min channel chart version one.

https://www.tradingview.com/chart/USOIL/kobbU9WE-15-channel/

crude, oil, 15 min, channel, charting

Crude oil 15 min channel chart version one.

Crude Oil 15 Min Channels Vers 2 (needs work), 1231 PM June 23 FX USOIL WTI $USO $CL_F #Crude #Oil #Chart

https://www.tradingview.com/chart/USOIL/Z1GOB57x-Crude-Oil-15-Min-Channels-Vers-2-needs-work-1231-PM-June-23-F/

crude, oil, 15 min, channel, chart

Crude Oil 15 Min Channels Vers 2 (needs work), 1231 PM June 23 FX USOIL WTI $USO $CL_F #Crude #Oil #Chart

Per recent;

Crude oil range of trade May 19 927 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/e2Us19Re-Crude-oil-range-of-trade-May-19-927-AM-FX-USOIL-WTI-USO-CL-F/

range of trade, crude, oil, chart

Crude oil range of trade May 19 927 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

60 Minute Oil Charting.

Per recent;

60 Min Trend Channel Trade Box Fork (concept chart) May 29 1:10 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/zvQ2QZmJ-60-Min-Trend-Channel-Trade-Box-Fork-concept-chart-May-29-1-10/

60 min, crude, oil, trend, fork, chart

https://www.tradingview.com/chart/USOIL/zvQ2QZmJ-60-Min-Trend-Channel-Trade-Box-Fork-concept-chart-May-29-1-10/

4 Hour Trending Channel Chart.

Per recent;

4 Hour Oil Trending Channel Chart with Trading Boxes Moving Averages 123 PM May 19 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/OryQDlVj-4-Hour-Oil-Trending-Channel-Chart-with-Trading-Boxes-Moving-Aver/

4 hr, crude, oil, chart, trending channel

https://www.tradingview.com/chart/USOIL/OryQDlVj-4-Hour-Oil-Trending-Channel-Chart-with-Trading-Boxes-Moving-Aver/

4 Hour Symmetry Chart Model.

Per recent;

4 Hour Symmetry Chart, Needs to be Cleaned Up May 19 134 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/CjULpMlK-4-Hour-Symmetry-Chart-Needs-to-be-Cleaned-Up-May-19-134-PM-FX-U/

4 hr, crude, oil, symmetry , chart

4 Hour Symmetry Chart, Needs to be Cleaned Up May 19 134 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

4 Hour Oil Concept Trading Model.

Per recent;

The 4 hour crude oil concept model below has trend-lines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).

4 Hour Concept Crude Oil Trading Model May 19 154 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies.

https://www.tradingview.com/chart/WTICOUSD/NsZhL9MR-4-Hour-Concept-Crude-Oil-Trading-Model-May-19-154-PM-FX-USOIL-WT/

4 hr, concept, chart, crude, oil

4 Hour Concept Crude Oil Trading Model May 19 154 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies.

Per recent;

4 Hour Concept Crude Oil Trading Model May 6 1216 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies.

https://www.tradingview.com/chart/WTICOUSD/UIK74UEj-4-Hour-Concept-Crude-Oil-Trading-Model-May-6-1216-AM-FX-USOIL-WT/

Daily Chart Trading Model(s).

The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy. The MACD is a common indicator on the daily oil chart for forward positioning and trend bias.

Crude Oil Daily View with 200 MA overhead of Weekly Range, channel and trendlines $USOIL $WTI $CL_F #OilChart

https://www.tradingview.com/chart/USOIL/vTu7oGCT-Crude-Oil-Daily-View-with-200-MA-overhead-of-Weekly-Range-chann/

crude, oil, daily, chart

Crude Oil Daily View with 200 MA overhead of Weekly Range, channel and trendlines $USOIL $WTI $CL_F #OilChart

Per recent;

Daily Crude Oil, MACD turned down, first price target ext lower met 1249 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/ZV34H2MD-Daily-Crude-Oil-MACD-turned-down-first-price-target-ext-lower/

Daily, crude, oil, chart

Daily Crude Oil, MACD turned down, first price target ext lower met 1249 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

April 28, 2019 Trading Strategy / Set-Up Based on Symmetry in the Trend on the Daily Chart.

A sell off in exact place in structure of daily chart model did occur once previous in this trend (see two circled areas on daily chart below).

The two instances of selling pressure in the bullish daily trend in oil trade happens to be a perfect symmetrical measured extension in the progression.

IF crude oil trades up the same measured extension as the low to the first sell off in the symmetry, this would imply a high in this trend for crude oil on FX USOIL WTI to approximately 69.00 – if symmetry continues.

Before a pull back, or about 600 ticks from where oil is currently trading at 62.96.

See chart below;

Daily Crude Oil Chart with Symmetry of Previous Sell Off and Price Target of 69.00 if Symmetry Continues 1154 PM April 28 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/jATfXaXD-Daily-Crude-Oil-Chart-with-Symmetry-of-Previous-Sell-Off-and-Pri/

Oil, Chart, Daily, Symmetry

https://www.tradingview.com/chart/USOIL/jATfXaXD-Daily-Crude-Oil-Chart-with-Symmetry-of-Previous-Sell-Off-and-Pri/

Daily Crude Oil Chart Golden Cross 200 PM May 19 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/YQqAuPhh-Daily-Crude-Oil-Chart-Golden-Cross-200-PM-May-19-FX-USOIL-WTI-U/

daily, crude, oil, chart, golden cross

https://www.tradingview.com/chart/USOIL/YQqAuPhh-Daily-Crude-Oil-Chart-Golden-Cross-200-PM-May-19-FX-USOIL-WTI-U/

Pre recent;

Daily Crude Oil Chart Golden Cross Set Up Still In Play Despite Sell Off 1255 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/yCiGcZBL-Daily-Crude-Oil-Chart-Golden-Cross-Set-Up-Still-In-Play-Despite/

daily, crude, oil, chart, golden cross

Daily Crude Oil Chart Golden Cross Set Up Still In Play Despite Sell Off 1255 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly Oil Trading Model(s).

Crude Oil Weekly (Magnified+) Range, channel and trend lines to consider. Noisy, but each line decent signal $USOIL $WTI $CL_F #OilChart

https://www.tradingview.com/chart/USOIL/4dBiZJwz-Crude-Oil-Weekly-Magnified-Range-channel-and-trend-lines-to/

crude, oil, weekly, chart

Crude Oil Weekly (Magnified+) Range, channel and trend lines to consider. Noisy, but each line decent signal $USOIL $WTI $CL_F #OilChart

Crude Oil Weekly Chart – Range, channel and trend lines to consider. Noisy, but each line decent signal $USOIL $WTI $CL_F #OilChart

https://www.tradingview.com/chart/USOIL/ZK7hOQCy-Crude-Oil-Weekly-Chart-Range-channel-and-trend-lines-to-consi/

crude, oil, weekly, chart, trendlines

Crude Oil Weekly Chart – Range, channel and trend lines to consider. Noisy, but each line decent signal $USOIL $WTI $CL_F #OilChart

Per recent;

Weekly crude oil chart perspective May 19 1036 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/VvOHyD82-Weekly-crude-oil-chart-perspective-May-19-1036-AM-FX-USOIL-WTI/

weekly, oil, chart, perspective

Weekly crude oil chart perspective May 19 1036 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

The most important signals on the weekly chart model are the red historical trend lines. Pay very close attention to them. There are other common indicators included on the model also.

Per recent;

Weekly Trendline Crude Oil Trading Model May 6 118 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

May 6 – price nearing an important trend line support (red line on chart below).

https://www.tradingview.com/chart/USOIL/hCwxU92o-Weekly-Trendline-Crude-Oil-Trading-Model-May-6-118-AM-FX-USOIL-W/

Weekly, crude, oil, chart, trend lines

Weekly Trendline Crude Oil Trading Model May 6 118 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Oil Time Cycle comes in June 10, can it reverse prior FX USOIL $WTI $CL_F $UWT $DWT #timecycles #Oil #OOTT

https://www.tradingview.com/chart/USOIL/LBLJTba7-Oil-Time-Cycle-comes-in-June-10-can-it-reverse-prior-See-notes/

Crude, oil, time cycle, chart, model

Oil Time Cycle comes in June 10, can it reverse prior FX USOIL $WTI $CL_F $UWT $DWT #timecycles #Oil #OOTT

Monthly Oil Trading Model.

Monthly Structure Crude Oil Trading Model 209 PM May19 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/ih0o30Tj-Monthly-Structure-Crude-Oil-Trading-Model-209-PM-May-19-FX-USOIL/

monthly, oil, chart

https://www.tradingview.com/chart/USOIL/ih0o30Tj-Monthly-Structure-Crude-Oil-Trading-Model-209-PM-May-19-FX-USOIL/

Per recent;

Monthly Structure Crude Oil Trading Model 126 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly trend line resistance area holding so far.

https://www.tradingview.com/chart/USOIL/19KquYtJ-Monthly-Structure-Crude-Oil-Trading-Model-126-AM-May-6-FX-USOIL/

monthly, crude, oil, chart, structure

Monthly Structure Crude Oil Trading Model 126 AM May 6 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/sttZx83M-Monthly-200-MA-Crude-Oil-Trading-Chart-April-8-1247-AM-FX-USOIL/

monthly, oil , chart

Monthly 200 MA Crude Oil Trading Chart April 8 1247 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

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:

Standalone Oil Algorithm Newsletter (member charting sent out weekly).

Real-Time Oil Trading Alerts (Private Twitter feed).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (includes weekly newsletter, trading room, charting and real-time trading alerts on Twitter).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

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

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

Article Topics: Day Trading, Crude, Oil, Trading, Futures, Strategy, Signals, USOIL, WTI, CL_F, USO

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Below You Will Find Proprietary Oil Trading Signals Not Available Elsewhere. 

When Crude Oil Starts Selling Off Intra-Day Volatility Increases Fast. Knowing Where and Having the Signals for Support and Resistance On The One Minute Chart Will Help Your Trading Strategy.

If you day-trade crude oil futures contracts (or if you are learning how to day trade crude oil) the chart models and signals below will help you understand the structure of trade on intra-day charting (like using a GPS or a map).

The trade signals provided below will increase your trading win rate and ROI on each trade (as you learn to trade the set-ups or strategies).

We can also help you with confirming that the trend is actually bearish (selling in downtrend) and when price is likely to reverse intra-day and oil trade is likely to turn bullish. 

This is part one of a two part post (part one is public and part two is premium member only).

How Oil Sells Off Intra-day on Stairs to Support Floors Down.

The structure of oil sell-offs is not the same as when oil trades up. When crude oil trade is bearish intra-day you will find that it has specific areas of support / floors (this is also true when price is bullish but the structure or steps of trade are different).

When oil is trading down the price will often quickly drop to the next support and will then hang around for sometime and possibly test resistance areas for a possible reversal. When the reversal doesn’t happen or work then price drops quickly to the next floor of support.

The price of oil drops quickly to support and then the bulls will try and trade price back up (along with a certain amount of the shorts covering short positions) for a snap back or price reversal trade. At each support you will find this process occurring.

The more support there is on the charting (on various chart time-frames) the more likely a snap-back trade will occur (price reverses intra-day). This is why we have algorithmic models and conventional charting for all time frames that we use in the oil trading room, in member reporting and coded in to our machine trading software.

The goal is to know where each support and resistance point is on the charting so that you can develop a trading strategy for intra day moves in oil price.  

When you know where the support and resistance is you can then day trade the price of oil with more perspective or clarity.

Before you can learn how to trade a financial instrument (such as crude oil futures contracts) it is important to know the structure of the instrument (as it applies to the charting on various time-frames).

Once you know the structure (the playing field or like I refer to it as a GPS or map) then you need to learn how to trade that specific structure (this is where your personal trading style and strategies come in to play).

Knowing where support and resistance is on the charting allows you to set stops properly, it also helps you with sizing the number of contracts you are trading (trimming and adding to your trade size) and more.

There are two reasons we know the chart structure in the trade of oil (every financial instrument has a structure – like your DNA or the rings on a tree).

One reason is that we construct algorithmic charting models and the other is that we are coding for machine trade of oil. Both reasons require us to back test our charting. It isn’t enough to chart conventional trend-lines (or whatever it is you are charting) and it isn’t enough to design an algorithmic chart model – the assumptions for consideration in trade, such as support and resistances areas, need to be back tested so that you have a quantifiable high probability of success.

You need to know that your assumptions provide highly probable set-ups (trade signals) to provide you a trading edge.

When we chart for the purpose of trading signals we first start with conventional charting (on all time frames) and then move to charting algorithmic models of highly probable areas of support and resistance of trade (visual representation of important structure points of the charting) and then we move to coding what we know to be most probable areas of support and resistance in trade. I should note for completeness that our models provide much more than support and resistance, there are other important trade signals such as time cycles, the structure of trade itself on various time-frames and much more.

We use the charting for crude oil on thirteen different time-frames (1 minute charting through to monthly charting), we chart it on conventional charts, work with algorithmic modelling and back test all the various indicators for up to 60 months (such as moving averages, VWAP, MACD, stochastic RSI and more).

When we back test our assumptions we are calculating the probability of that structure in trade re-occurring. When we find a structure with high probability of repeating then we model that structure and code it to our machine trade software.

In this specific area of day-trading (intra-day sell-offs and reversals) we can help you with what structure is in play on the one minute chart as oil sells off and what to watch for so that you know the sell-off is likely done and the price trend is about to change and turn bullish for price reversal.

Support And Resistance On The One Minute Oil Chart in Sell-Offs.

Specific to crude oil, sell-off support and resistance on the charting is VERY PREDICTABLE. You will find that the areas of support are very precise and price will step down in a very structured way on the chart – this is a near exact science.

Why is the trade of oil so precise on the one minute chart when oil sells off? The answer is very likely because the trade of oil is now mostly done by software programmed / coded for machine trade and this machine trade liquidity has caused very specific structures of trade to manifest.

Lets Look at Some Recent Crude Oil Trade From our Oil Trading Room.

Below is a screen shot from our oil trade chat room on Discord (which is not the same as the live broadcast oil trading room) of a comment and a chart of intra day trade in crude oil (this was posted at 1:03 PM last Thursday).

My comment in the trading room reads “perfect structured sell down out of support in to next buy trigger”. What this means is that crude oil sold off intra day, it lost its area of support (the yellow diagonal trend line on the one minute chart model) and then dropped perfectly to the next support decision line on the chart (yellow line again) and then price bounced to test resistance.

By the way, the crude oil trade alerts are both what you see below (the Discord private server screen images below) and alerted on a private member Twitter feed.

This structure (you see below) occurred over and over again daily this week during sell-offs. This is a very predictable structure for knowing where to short oil intra-day, where to trim (cover) size of your short position and where to possibly find support for a reversal trade in your intra-day trading strategy.

Click here for an article that explains what short selling is.

This is by far one of the most predictable signals available for day-trading crude oil you will find. It has one of the highest probabilities of success in oil trade model charting.

The key to success however is learning what the structure is (having the model at your disposal for when you trade) so that you can size your trades properly and set stop orders properly etc – learning how to use the signals for your strategy and knowing when trade is likely to stop selling off so that you can then begin planning for a trend reversal.

This is a very predictable structure for knowing where to short oil intra-day, where to trim (cover) size of your short position and where to possibly find support for a reversal trade in your intra-day trading strategy.

crude, oil, trading, room, chart

Crude oil trading chat room screen capture of day trade in oil selling off using support. #oil #tradingroom #daytrading

And then in the screen shot below from the oil trading room you will see on the next chart posted to the room that oil started to bounce (or trade up) from the support (or buy trigger signal) on the chart. I then asked our software developer Jeremy to note that the software did not trigger a long trade for our coding updates to be done later that night.

Look close at his answer / comment to my request, he knew why the software did not signal a trigger for a long trade (and also why there was no trade alert as such on our member feed to buy)… it was because the order flow program (our proprietary IDENT software) knew that the machine liquidity in the markets was not buying that support and that they were going to sell it off again.

the order flow program (our proprietary IDENT software) knew that the machine liquidity in the markets was not buying that support and that they were going to sell it off again.

oil, trading, day trading, traders, room

Screen shot of oil trading room, price of oil trying to reverse, day trading signals for our strategy and discussion between traders.

And sure enough, if you look at the next image below you see that they sold oil off again shorting it down to the next step in the sequence to the next support on the chart structure (next yellow line down representing next support in a sell off). Again, it was precise trade action.

they sold oil off again shorting it down to the next step in the sequence to the next support on the chart structure

crude, oil, short selling, daytrade, signal

Oil short sell signal for daytrading strategy on the algorithmic chart model for day traders.

Then you will notice that I alerted the oil trading room (at 1:12 PM Thursday) that the bulls are starting to buy at each support area of the one minute chart (in other words, be aware that a price reversal in intra-day trade could occur soon).

There were buy programs and/or day-traders starting to buy at supports that are not support areas for a continued sell-off, they are areas of support for either indecision (or a decision is needed) or support for trading bullish (or in an uptrend).

This is key – the fact that buys were coming in at bullish support areas or decision areas on the model (this is an early sign or signal of an imminent reversal). These lines are at the white diagonal (signals a decision area of charting) and the blue diagonal (signals bullish support) on the chart model.

Oil was trading at 57.44 on FX USOIL WTI at the time.

This is key – the fact that buys were coming in at bullish support areas or decision areas on the model (this is an early sign or signal of an imminent reversal).

trade signal, alert, reversal, oil trade room

Screen capture of oil trading room alert signalling for daytraders to watch for trend reversal in day trade action.

And then next trade in crude oil reversed with a bounce and was threatening a confirmation signal for trend reversal. I was explaining to our day traders in the room at the time (this screen shot is taken on the weekend so you don’t see who was in the oil trade room at the time in the image) what to watch for in intra-day trade action for a confirmation of trend reversal. In this example I highlighted an area of the chart model where machines are programmed for a price target.

In this example I highlighted an area of the chart model where machines are programmed for a price target.

trend reversal, bounce, trade, crude oil

And then next trade in crude oil reversed with a bounce and was threatening a confirmation signal for trend reversal.

And then in this image (screen shot from oil trading room) you see that trade hit the price target and got through resistance confirming more that the low of day in trade had been put in and that we were now alerting bias to uptrend trading signals going forward for oil trade on the day.

Note the low of day was in fact 57.33 and I has alerted at 57.44 that the bulls were starting to step in (during the extreme sell-off) at key bullish areas of the algorithm chart model – this is machine trade. Knowing what the large liquidity in machine trade is doing is key now when day trading crude oil. This is very important.

Note the low of day was in fact 57.33 and I has alerted at 57.44 that the bulls were starting to step in (during the extreme sell-off) at key bullish areas of the algorithm chart model.

oil, trading, room, reversal, trade, signal, alert

Image (screen shot oil trading room) oil trade hit price target through resistance confirms uptrend trading signals

Looking at the chart below you can see very clearly how precise the day trading signals are on the daytrading algorithmic crude oil model.

  • The green arrows show three shorting opportunities from yellow diagonal support / resistance to the next yellow diagonal support / resistance (like stairs stepping trade down in the model).
  • You will notice that the last stair down that trade over shot the yellow line a bit, this is a signal that an intra-day bottom is being put in.
  • You can also notice (from the charts shown above) that as buying came in at the decision support / resistance lines (white diagonal lines on chart model) and at the blue decision diagonal support / resistance lines that I alerted a possible trend reversal in trade.
  • Then you will notice (see chart below) that trade got through the yellow resistance after bouncing (yellow arrow on chart) – this is a bullish intra-day signal that a reversal is likely near.
  • And then next in trade you will see that trade bounced at the blue diagonal trend-line (blue arrow) when it pulled back from resistance, a bounce at a blue line is further confirmation that trade is now bullish intra-day. The blue lines are used as support and resistance in an intra-day uptrend.
  • And then the subsequent blue arrows on the chart show how trade breached in to the next bullish area, then pulled back and used the blue line as support (after confirming up after hitting a decision white line) for a bounce and then so on through the bullish trade reversal in the daytrading sequence.
  • Blue is for trading in uptrend, yellow is trading a sell off, white is a reference point for a decision to go up or down in trend on the model.
  • The trend-lines on this algorithm model are not conventional. The trend-lines are algorithmic calculations and therefore proprietary and not available elsewhere.

How powerful is that for an oil daytrader?

Knowing exactly where the support and resistance is during a sell-off and knowing with high probability where the turn is likely to happen for reversal in trade and then knowing exactly where to trade the uptrend.

daytrading, crude, oil, signals, algorithm

Algorithmic chart model for shorting oil, trading a reversal in oil and decision areas of daytrading signals.

Below is the video explanation that accompanies this post (live oil trading room footage included).

In part two (the premium member post) we will take a deeper look at strategies for trading the one minute model (such as trade sizing and seeing the reversals in advance) and I will provide chart links to the proprietary algorithmic models via email to our members.

Protected: Part 2. Deep Dive Day Trading Signals Crude Oil Sell-Off, Reversals, Trend Trade | 1 Min Strategies (Premium).

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:

Standalone Oil Algorithm Newsletter (Member Charting Updates Distributed Weekly).

Real-Time Oil Trading Alerts (Oil Trade Alerts via Private Twitter Feed and Discord Private Chat Room).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (Weekly Newsletter, Trading Broadcast Room, Chat Room, Real-Time Trade Alerts).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

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

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

Article Topics: Day Trading, Crude, Oil, Trade Alerts, Trading, Oil Trading Room, Strategy, Signals, Shorting, Support, Resistance, Reversals, USOIL, WTI, CL_F, USO

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