UWTI Archives - Page 2 of 5 - Compound Trading

Dec 2016

Oil Trading Chart Blog Update Wed Dec 7 Crude Oil Algo FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Crude Oil Trading Algorithm (EPIC) $CL_F, $UCO, $USO, Algo, Algorithm, Chart, Crude Oil FX: $USOIL $WTI, DWTI, EPIC the Oil Algo, Fibonacci, Indicators, Targets, Trading Edge, Trading Room, UWTI Epic the Algo

Wednesday Dec 7, 2016 EPIC the Oil Algo Oil Report (Public Edition).

Welcome to my new FX: $USOIL $WTI oil trade report.

IMPORTANT NOTICES:

NEW: The post below is the public edition (it includes some traditional charting) – members propreitary algorithm edition will be delivered to your emal inbox within one hour or see link at bottom of post (if available yet) for member only area that adds to this post which includes the proprietary components of my algorithm; 1. Alpha Algo price / time targets, 2. Alpha Algo trend-lines, 3. Oil Time / Price Cycle Terminations and 4. Intra-Day Trading Algo Quadrants (when available).

NEW: Starting mid December the Member Editions will become available (be unlocked to general public) within about ten days of original publication so folks that are considering subscriptions can evaluate my value.

NEW: Institutional platform now available for multi-users – pricing and product information will be posted to website soon.

NEW: Live charting for members of my algorithmic modelling is now available on Trading View. Links are now emailed to members regularly.

PATENT PHASE: As I mentioned in my last report this week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (specific to proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADING ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

PRICING: Myy proprietary services transitioned recently from free inaugural to subscriber only access. All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent roll-ver existing members wll be grandfathered at locked-in current rates.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators – weighted. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional trading chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered only one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed.

FX: $USOIL $WTI Observations:

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website pages (as it applies to my algorithm) and my Twitter feed (which all-in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 50.67 (126 AM ET Dec 7, 2016). Some thoughts with respect to traditional charting that may help advance you trading edge (advance algorithmic modeling in member edition);

Currently trading at 50.67 – crude held its current intra trading range.

Per yesterday:

Above 51.90 watch for a break-out (best to let it retest support at 51.75 before going long and best to let it test resistance at 50.44 or even 49.46 “the yellow lines” if it breaks down below that before going short). You can use your indicators below (on the charting) for intra snipes.

https://twitter.com/EPICtheAlgo/status/806389294151696384

Multi Week Trading Range / Swings:

Per yesterday:

Your primary pivot areas for swing trading crude are at the multi week low around 42.46 (bottom yellow line – be careful with misreading the white numbers on side of chart in purple they don’t represent price at that level) and the top side of your mutli week trading range is around 51.90. Shorting below 51.90 considering crude oil recent rally does not represent good probability. Long at the bottom of the range represents excellent probability.

Trade the outside range for highest probability. Crude algo intra work sheet 154 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Diagonal Trend Lines:

Diagonal trend-lines (blue). Diagonal trend-lines are critical inflection points. Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal blue trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

You can see how the price action in this chart is affected by the trend lines (algorithmic charting has considerable more detail for advance preparation – the trader’s edge is increased knowig where they are in advance and in relation to upcoming alpha algo targets and alpha algo trend-lines).

Diagonal Trend Lines, Crude Oil, Trading, Chart

Diagonal Trend-Lines are critical in oil trade. Crude algo intra work sheet 200 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Price Action With 20, 50, 100, 200 MA

How crude price reacts to 20 50 100 200 MA on 3 min. We work with members intensely in room on how to let the MA’s set-up properly on different time-frames to enter long positions and short.

How crude price reacts to 20 50 100 200 MA on 3 min. Crude algo intra work sheet 209 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Fibonacci Levels:

Per yesterday:

The fib level is important above 51.75 because that puts the trading price in to possible break-out territory. Your full extension above there is 55.99 on the fib. A break down of 50.44 and you would want to see if the next at 49.12 holds and so – on. In a break down you want to wait for next Fib level to hold and if triggering a long trade wait for price – trigger – power – trade. In other words, wait for a re-test of the support or if it doesn’t retest wait for the price to prove itself by being higher than the most recent high on the 1 min, 3 min, 5 min etc intra trading. If you do not know how to trigger trades based on price – trigger – power – trade disciplines it is best to research online or sign up here or somewhere for some private coaching. This discipline with intra-day trading is critical.

Intra fibonacci levels to watch. Crude algo intra work sheet 217 AM Dec 7 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Horizontal Trend-Lines (purple).

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Included in Member Edition (available within an hour of this public post).

Oil Time / Price Cycles:

Protected Proprietary Algorithm Content – See Member Edition.

Alpha Algo Trading Trend-Lines:

Protected Proprietary Algorithm Content – See Member Edition.

I can however report that the price action since Nov 30 break-out has been respecting the alpha algo trend-lines calculated and published over a week ago with precision.

Current Alpha Algo Targets:

Protected Proprietary Algorithm Content – See Member Edition.

I can however report that the alpha algo primary probability target prediction from last week for Tuesday December 6 at 16:30 came within a few cents of price action for that time / price cycle. Very tradeable call to say the least.

Oil Intra-Day Algo Trading Quadrants:

Protected Proprietary Algorithm Content – See Member Edition.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you undersatnd the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

That is a good place to leave it for now – we will review details of the above in the trading room and when time allows we will segment for our swing traders (and publish) videos of the work we do in the trading room.

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a recap (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Dec 2016

Member Edition – Oil Trading Update Tues Dec 6 Crude Oil Algo FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Crude Oil Trading Algorithm (EPIC) $CL_F, $UCO, $USO, Algo, Algorithm, Chart, Crude Oil FX: $USOIL $WTI, DWTI, EPIC the Oil Algo, Fibonacci, Indicators, Member Edition, Targets, Trading Edge, Trading Room, UWTI Epic the Algo

Tuesday Dec 6, 2016 EPIC the Oil Algo Oil Report (Member Edition).

Welcome to my new FX: $USOIL $WTI member edition oil trade report.

IMPORTANT NOTICES:

NEW: The post below is the public version (it includes some traditional charting) – members propreitary algorithm edition will be delivered to your emal inbox within one hour or see link at bottom of post (if available yet) for member only area that adds to this post which includes the proprietary components of my algorithm; 1. Alpha Algo price / time targets, 2. Alpha Algo trend-lines, 3. Oil Time / Price Cycle Terminations and 4. Intra-Day Trading Algo Quadrants (when available).

NEW: Live charting for members of my algorithmic modelling is now available on TradingView. Links are now emailed to members regularly.

24 HOUR TRADING ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

PRICING: Monday my proprietary services transitioned from free inaugural to subscriber only access. All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions). Early 2017 when my 24 hour futures trading room opens along with 24 hour live charting I will have a rate increase but as with recent roll-ver existing members wll be grandfathered at locked-in current rates.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators weighted. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional trading chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

FX: $USOIL $WTI Observations:

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website (as it applies to my algorithm) and my Twitter feed (which all in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 51.40 (5:50 AM ET Dec 6, 2016). Some thoughts that may help advance you trading edge;

Trading intra-day 51.40 up .89% Crude algo intra work sheet 550 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Currently trading at 51.40 – crude held its current intra trading range. Above 51.90 watch for a break-out (best to let it retest support at 51.75 before going long and best to let it test resistance at 50.44 or even 49.46 “the yellow lines” if it breaks down below that before going short). You can use your indicators below (on the charting) for intra snipes.

Multi Week Trading Range / Swings:

Your primary pivot areas for swing trading crude are at the multi week low around 42.46 (bottom yellow line – be careful with misreading the white numbers on side of chart in purple they don’t represent price at that level) and the top side of your mutli week trading range is around 51.90. Shorting below 51.90 considering crude oil recent rally does not represent good probability. Long at the bottom of the range represents excellent probability.

And then you have a diagonal up-trending wedge you can follow also swings – your probability of success goes way up taking long positions at bottom of this wedge (intra-day at 46.34 and rising refer to yesterdays chart) and short positions at top of wedge (however, depending on your time-frame considering oil is in a rally a short may not be the best play here). You as a trader have to determine your time-frame and trade accordingly.

Diagonal Trend Lines:

Diagonal Trend-Line breach and next support (blue). Crude algo intra work sheet 609 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Diagonal Trend-Line breach and next support (blue). Crude algo intra work sheet 609 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Crude oil has reacted negatively to the 200 MA on the 1 HR in recent month trading. As long as it is above the 200 MA we consider it one of many bullish indicators.

It is currently trading just above it!!! Caution. Lost 200 MA for a while yesterday at 2 PM and regained it when price hit lower diagonal trend line. Barely above it now.

Above 200 MA on 1HR (purple – white arrows). Crude algo intra work sheet 620 AM Dec 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Fibonacci Levels:

See chart in yesterday’s member post.

The fib level is important above 51.75 because that puts the trading price in to possible break-out territory. Your full extension above there is 55.99 on the fib. A break down of 50.44 and you would want to see if the next at 49.12 holds and so – on. In a break down you want to wait for next Fib level to hold and if triggering a long trade wait for price – trigger – power – trade. In other words, wait for a re-test of the support or if it doesn’t retest wait for the price to prove itself by being higher than the most recent high on the 1 min, 3 min, 5 min etc intra trading. If you do not know how to trigger trades based on price – trigger – power – trade disciplines it is best to research online or sign up here or somewhere for some private coaching. This discipline with intra-day trading is critical.

Horizontal Trend-Lines (purple).

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come of previous time / price cycles). Refer to chart for current applicable horizontal trend-lines.

Horizontal trendlines acting as support (purple – white arrows). Crude algo intra work sheet 620 AM Dec 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Advanced Charting:

Looking at this chart from a wider perspective…. it is important to understand that crude is not a long until those upper range resistance lines are broken (yellow lines diagonal and horizontal on the chart) and is not in a downtrend until the lower yellow support lines are broken. Until then you are trading in the range. The machines are respecting the lines and the alpha algo targets are in play. So trade the range – take longs at the bottom of the range and shorts at the top of the range (however, undertand that short positions are not as probable because the overall trend mid cycle is up). There is an alpha algo line (orange arrow) that extends almost straight up (parabolic) above resistance that should there be another price break-out that would be your alpha price trendline to follow. Notice how the current price is following the current alpha algo line that was calculated early in this time / price cycle.

Wide View. Crude algo intra work sheet 720 AM Dec 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Oil Time / Price Cycles:

There are no new time / price cycles in play since the last post. However, this can change at any time and we will notify you of this if it occurs.

There is (I should mention) a small one terminating right now – but it is calculated as a 1 in 5 (so very low probability).

Alpha Algo Trading Trend-Lines:

The current price action is proving that the current algo line is alpha – you will find price will return to this line regularly – if it vacates the line (red dotted ones) then look to next nearest line to become alpha and consider that where price is most lkely to trade near. Again, if this changes we will alert you. See your chart above for the current lines.

Current Alpha Algo Targets:

The highest probability target you have for Dec 6 at 51.34 IS IN PLAY!

From last member post:

All current targets are soft targets. In other words, when the price of crude changes trading ranges it takes time for the algorithm to calculate new targets. Early on in the price and time cycle you will find the probabilities much less and as time goes on in the time / price cycle the algorithm will give you much higher probabilities of targets being hit. There are usually a number of targets published and each is given a probability of a hit (how many times out of 100). You can use these targets to trade against and determine your risk -reward accordingly. Here again I recommend you review my Twitter feed, my story and my recent blog posts to see how I publish targets along with probabilities (more information below on algo targets).

Below are this weeks targets. They are extremely soft because the new alpha algo targets are in early progression in this new time / price cycle. Use extreme caution until the targets become more clear – Updates will follow as this time cycle progresses.

Dec 6 4:30 PM – 48.30 (17%), 51.34 (24%), 52.38 (15%)

Dec 7 10:30 AM – 48.34 (16%), 51.57 (22%), 52.86 (12%)

Dec 9 1:00 PM – 48.87 (14%), 52.30 (19%), 53.47 (8%)

Oil Intra-Day Algo Trading Quadrants:

We are waiting for the completion of Tues 4:30 Wed 10:30 at minimum before publishing these – they become locked in at certain points in time / price cycle – we expect after 10:30 AM Wed we will have them locked in to this time / price cycle so they are predictable for your intra day sniping (if you do that).

Indicators:

As I explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo algo and/or target. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance and price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room and reviewing my Twitter feed posts and previous blogs will help you with how to use these indicators. We will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money. We also recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a revamp (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically.

I suppose also when the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets, Member Edition

Dec 2016

Oil Trading Chart Blog Update Tues Dec 6 Crude Oil Algo FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Tuesday Dec 6, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI Public Edition oil trade report.

IMPORTANT NOTICES:

NEW: Starting Dec 16 ish the Member Only Editions will become available (be unlocked) within about ten days of original publication so folks that are considering subscriptions can evaluate my value.

NEW: Institutional platform now available for multi-users – pricing and product information will be posted to website soon.

NEW: Live charting for members of my algorithmic modelling is now available on TradingView. Links are now emailed to members regularly.

24 HOUR TRADING ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo Political integration – only math as t relates to traditional indicators weighted. I am not a high frequency or bot type algorithm – I am to be used (represented on a traditional trading chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in the new year in our new 24 hour oil trading room).

FX: $USOIL $WTI Observations:

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website (as it applies to my algorithm) and my Twitter feed (which all in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit.

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 51.40 (5:50 AM ET Dec 6, 2016). Some thoughts that may help advance you trading edge;

Trading intra-day 51.40 up .89% Crude algo intra work sheet 550 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Multi Week Trading Range / Swings:

Diagonal Trend Lines:

Diagonal Trend-Line breach and next support (blue). Crude algo intra work sheet 609 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Example of diagonal trendlines at work (see my Twitter feed or blog posts for more)

200 MA, 1HR, $USOIL, Chart, OIL

Crude oil has reacted negatively to the 200 MA on the 1 HR in recent month trading. As long as it is above the 200 MA we consider it one of many bullish indicators.

It is currently trading just above it!!! Caution. Lost 200 MA for a while yesterday at 2 PM and regained it when price hit lower diagonal trend line. Barely above it now.

Above 200 MA on 1HR (purple – white arrows). Crude algo intra work sheet 620 AM Dec 6 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Fibonacci Levels:

Horizontal Trend-Lines (purple).

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come of previous time / price cycles). Refer to chart for current applicable horizontal trend-lines.

Advanced Charting:

Included in Member Post (available within an hour of this public post)

Oil Time / Price Cycles:

Protected Proprietary Algorithm Content – See Member Post

Alpha Algo Trading Trend-Lines:

Protected Proprietary Algorithm Content – See Member Post

Current Alpha Algo Targets:

Protected Proprietary Algorithm Content – See Member Post

Oil Intra-Day Algo Trading Quadrants:

Protected Proprietary Algorithm Content – See Member Post

Indicators:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo algo and/or target. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money. We also recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a revamp (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically.

I suppose also when the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets

Dec 2016

Oil Trading Chart Blog Member Update Mon Dec 5 Crude Oil FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Monday Dec 5, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

IMPORTANT NOTICES:

This week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

My charting transitions from FX $USOIL $WTI to 24hr crude oil futures sometime in Jan 2017. My sub service w incl 24hr crude oil trade room.

Today all services transition from free inaugural to subscriber only access.

All rates for existing members for all service prices will be grandfathered in perpetuity (view website products page for conditions).

How My Algorithm Works and Availability:

I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on individual merit) such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and other mathematical factors. I do not yet have AI or Geo integration – only math. I am not a high frequency or bot type algorithm – I am to be used (represented on a chart) as a probability indicator to give our trader’s an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI).

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. I am not an automated bot or high frequency type algorithm. Please review my algorithm development process and about my oil algorithm story..

FX: $USOIL $WTI Observations

Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 51.29 (12:50 AM ET Dec 5, 2016). Some thoughts that may help advance you trading edge;

Trading at 51.29. Crude algo intra work sheet 1250 AM Dec 5 FX $USOIL $WTI #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Currently trading at 51.29 – crude held its current intra trading range (tight on fibs) 50.44 – 51.75. Those are your intra-day levels to watch. Above 51.75 watch for a break-out (best to let it retest support at 51.75 before going long and best to let it test resistance at 50.44 if it breaks down below that before going short). You can use your indicators below (on the charting) for intra snipes.

Multi Week Trading Range / Swings:

Trading range for swings (yellow and fibs). Crude algo intra work sheet 104 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

And then you have a diagonal uptrending wedge you can follow also swings – your probability of success goes way up taking long positions at bottom of this wedge and short positions at top of wedge (however, depending on your time-frame considering oil is in a rally a short may not be the best play here). You as a trader have to determine your time-frame and trade accordingly.

Diagonal Trend Lines:

Diagonal Trend-Lines (blue). Crude algo intra work sheet 126 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

At time of writing there is a diagonal trend-line being tested. If you are trading on a tight intra-basis these are highly predictable indicators.

200 MA on 1 HR

Above 200 MA on 1HR (purple – white arrow). Crude algo intra work sheet 135 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

Crude oil has reacted negatively to the 200 MA on the 1 HR in recent month trading. As long as it is above the 200 MA we consider it bullish.

Fibonacci Levels:

Above 200 MA on 1HR (purple – white arrow). Crude algo intra work sheet 135 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

The fib level is important above 51.75 because that puts the trading price in to possible break-out territory. Your full extension above there is 55.99 on the fibs. A break down of 50.44 and you would want to see if the next at 49.12 holds and so – on. In a break down you want to wait for next Fib level to hold and if triggering a long trade wait for price – trigger – power – trade. In other words, wait for a re-test of the support or if it doesn’t retest wait for the price to prove itself by being higher than the most recent high on the 1 min, 3 min, 5 min etc intra trading. If you do not know how to trigger trades based on price – trigger – power – trade disciplines it is best to research online or sign up here or somewhere for some private coaching. This discipline with intra-day trading is critical.

Horizontal Trend-Lines (purple).

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come of previous time / price cycles). Refer to chart for current applicable horizontal trend-lines.

Time / Price Cycles:

The most recent time / price cycle terminated Dec 1 at 7:00 AM and we seen what price action has done since.

Right now crude is in break-out and there is a strong absence of significant time / price cycle terminations on the chart.

Some are as follows; Dec 5 6:30 AM 1/5, Dec 9 3:30 AM 2/5, Dec 12 7:30 AM 2/5, Mar 20 5 / 5. The rating 1 to 5 is for significance – the higher the number the more significant. If you review my twitter feed and my story on the website you will find these to be near 100%, in that the price of crude moves out of its current trading range to the upside or down. Our traders use these as a primary indicator for risk – reward. Be cautious of week time / price cycle terminations (don’t give them a lot of credence). As more time / price cycle terminations are calculated with intra-day pricing I will update members.

Algo Trend-Lines:

Alpha algo lines Crude algo intra work sheet 204 AM Dec 5 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO #OOTT #algo

If you look closely at this chart you will see clearly how the price of oil reacts to alpha algo lines as support, resistance and important inflection points. Price gets aggressive when they are breached. Here again, the thicker they are the more important they are.

Current Algo Targets:

Dec 6 – 48.30 (17%), 51.34 (24%), 52.38 (15%)

Dec 7 – 48.34 (16%), 51.57 (22%), 52.86 (12%)

Dec 9 – 48.87 (14%), 52.30 (19%), 53.47 (8%)

Intra-Day Quadrants:

Intra day quadrants are the intra day price action of crude oil. About 90% of the time I can publish these for you and you can use them as intra day sniping levels. However, right now because crude is in a break-out these are not predictable. I expect to have these for you Tuesday or Wednesday at the latest when the price and time cycle confirms here.

Indicators:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes:

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo algo and/or target. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

We cover this in much more detail in the trading room and reviewing my Twitter feed posts and previous blogs will help you with how to use these indicators. We will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended that you obtain private coaching prior to trading a real account with real money. We also recommend you use a paper trading account at first. And finally, we will be publishing a “how to use guide” within a day or so, but it will be simply be a revamp (consolidation) of instructions in this post, from my Twitter feed, and previously published information on our website. You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically.

I suppose also when the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets.

Dec 2016

Oil Trading Chart Blog Update Fri Dec 2 Crude Oil FX: $USOIL $WTIC ($UWTI, $DWTI, $USO, $UCO, $CL_F)

Crude Oil FX: $USOIL $WTIC ($UWTI, $DWTI, $USO, $UCO, $CL_F) Chart and Algorithm Observations

Fri Dec 2, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

IMPORTANT NOTICES:

Next week is a big week for me – I am going to go to patent phase. I have six months of proven predictability of over 90%. My process is proprietary and qualifies for patent. The charting for members will become much more involved over the coming weeks (proprietary details). Stay tuned for agreements concerning disclosure and use coming to members.

My charting transitions from FX $USOIL $WTI to 24hr crude oil futures Jan 17. My sub service w incl 24hr crude oil trade room.

This weekend all services transition from free inaugural to subscriber only access. Stay tuned Sunday PM for access links.

All rates for existing members for all services will be grandfathered in perpetuity when new rates published this weekend.

How My Algorithm Works and Availability:

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

Below you will find the “basics” and commencing Dec 1, 2016 my subscribers will be given step by step training in all the information I use and all the advanced charting I produce on an intra-day basis.

FX: $USOIL $WTI Observations

IMPORTANT NOTE: If you do not invest the time to review at least the last few of my oil reports on this blog, our website (as it applies to my algorithm) and my Twitter feed (which all in will take you at most an hour to catch up and also understand how my algorithm works) this report will be of no good to you. The reports are a running story and just one post won’t do it – there is zero benefit. ESPECIALLY with the member only charting upcoming as they will be much more involved.

At time of writing FX $USOIL $WTI is trading at 50.55 (609 AM ET Dec 2, 2016). Some thoughts that may help advance you trading edge;

Important support test. Crude algo intra work sheet 546 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Main Indicators:

Diagonal Trend Lines:

Diagonal trendlines (blue) – one has been breached and the other is about to be tested. If you review my recent publications you will learn about how important these are. If one is breached you can look to pull-back to next diagonal blue trend line 90% of the time.

https://www.tradingview.com/chart/USOIL/uQGSzGfj-FX-USOIL-WTI-Algo-Worksheet-Intra/

Diagonal trendlines are critical inflection points (blue). Crude algo intra work sheet 617 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Recent price action – price about to test 200 MA on 15 min.

200 MA on the 15 min test coming. Crude algo intra work sheet 633 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Fibonacci support.

.618 Fib support is at 49.10. Crude algo intra work sheet 640 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Current Algo Targets:

Considering the fact that a recent time / price cycle has expired algo targets are considered “soft” – waiting on confirmation.

Current algo targets (red circles) Crude algo intra work sheet 645 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

So for now that is it for the update. The targets for this week have been published and we are awaiting OPEC so any more than this would just be duplicate of my recent posts.

Indicators:

As I explained above, my algorithm is a mash-up of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This “mash-up” is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Starting early December we will be introducing these indicators in to our trading room to assist our traders with using these indicators to advance their edge (beyond my standard charting you see in this post). We will also work with intra-day quadrants for the intra-day snipes.

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room!

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge, Fibonacci, Indicators, Algo, Targets.

Dec 2016

Review of my Chat Room Stock Day Trades and Alerts for Wednesday Nov 30, 2016. OPEC, OIL, $USOIL, $UWTI, $GENE, $SCON, $SGY $CRC, $SDRL $NE $RIG and more.

Intro:

Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.

In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.

Overview Perspective & Review of Chart Room, Trades and Alerts:

From Tuesday:

Today was a day of review of inflecton point charts in $USD/JPY, $SILVER, $GOLD, $DXY, $SPY, $NATGAS etc. Spent some time in the afternoon going over levels to watch.

Trader’s were obviously aware of levels Wednesday when morning run-up occurred and OPEC deal came being that we reviewed oil algo targets / charting etc day befo

Nobody nowhere ever has EPIC hit rate – none.

And @RosietheAlgo and @SuperNovaAlgo won’t be far behind. The other three are likely a few months yet. Existing subs will be grandfathered (which is how it will work with all our algos as they roll out).

Why am I on about all this? Cause we get a lot of “special” people on social media etc… gets a little long in the tooth sometimes.

From Tuesday:

Also, we are waiting for OPEC decision. I am long $UWTI from late Friday.

Wednesday was in fact about oil. Epic nailed the target at 10:30 predicted last week on his feed and we reviewed in detail the new algo targets. It was also about oil companies and shippers got a bit jiggy and yes $GENE and $SCON got ramp room.

I see $GOLD and $SILVER are once again testing Rosie and SuperNova’s price targets in overnight.

Primary Lessons That May Help Your Trades:

My $UWTI long…I sold too early – I can do the math on the algo but I can’t trade it like I know math. Pure and simple.

$GOLD and $SILVER per previous comments;

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse.

$SPY per previous comments;

I haven’t taken a trade on recently, perhaps should have entered on this most recent pull-back, looking for position soon again.

Previous comments;

The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

I AM GOING LONG $SPY SOON. And then it should tank sometime between Christmas and May – we’ll see. Should.

I should also say I will be hammering down on some longer term swing plays soon. Time-frame likely 2 weeks to 4 months type of plays. Market is improving. Looking for other side of inflection of course. Why do I emphasize that soooo much??? Because if you’ve been following me at all you will know I’ve been scalping only for months. There’s a time to scalp a time to swing and a time to hammer down. SO YOU WILL SEE A DIFFERENT TRADER WHEN IT COMES TO SWINGS ETC. MUCH bigger entries and LONGER HOLDS and ESCALATED ENTRIES. I scalp to stay in the market when its f’d and I like to keep in the heartbeat and I like to reset my basics and discipline etc etc. Anyway, I believe I can see the directions in general terms fairly clear now whereas the last 18 months has been off for me – I didn’t like Obama at all. Zero. None. Ugh. Terrible. I’m not a left or right I’m a capitalist I guess so more right but a lot of me is left so I’m me. I just didn’t like his ways.Trump will be much more predictable and capitalist predictable I guess is what I’m saying. Just want to make it clear so any that aren’t clear have it clear clear clear cause I can’t stand “you didn’t tell me or you told me this” comments. Hate them. Hate. 🙂 I go out of my way to be clear. 🙂 🙂

Announcements in Trading Room:

09:54 am Curtis M : Review of upper algo targets for possible OPEC deal at 10:05 AM

11:02 am Curtis M : Gonna do some scanning and back for 12 EST

01:23 pm Curtis M : Set my stop on $JONE at my buy and gonna have coffee w wife and come back in 20 min

Stock Chat-room Trading Transcript:

08:45 am Sartaj Hundal : Good morning, traders. This is a reminder that our inaugural opening offer for the live trading room ends on Friday. Use coupon code fomo50 at checkout. https://compoundtrading.com/shop
09:09 am Curtis M : Running scans – back before open.
09:15 am Curtis M : $SCON up 70% premarket http://www.marketwatch.com/investing/stock/SCON?siteid=rss
09:17 am Curtis M : Equities I like for Oil or Energy Trade: Tape / Chart – $ETE, $RIG. High Short Interest – $CRC, $EPE, $WLL, $RES, $JONE, $AREX, $REN, $CLR, $HP, $ATW, $SGY
09:23 am Curtis M : Some gainers $SCON $CRC $BAS $REXX $VNR $FMCC $HOS $GASL $OAS $FNMA $LEI $NOG $GST $ORIG $BCEI $DNR $AREX $SM
09:37 am Curtis M : Energy squeeze $CRC $OAS $SDRL $WPX $LPI $SM $CPE $NE $MOG $SYRG $ERF $ORIG $DNR $REN $GBR $GST $ CLR $WPXP $EGN $PE
09:41 am Curtis M : $GLBS squeeze
09:42 am Curtis M : Leaders $SCON $GENE $CSBR $CRC $GLBS and energy
09:44 am Curtis M : Resistance test on crude here.
09:52 am Curtis M : Will Wun through Upper Targets for potential OPEC deal in 10 mins or so
10:03 am mathew w : REN fighting the squeeze here
10:06 am Curtis M : Primary target direct hit https://twitter.com/EPICtheAlgo/status/803978309650395136
10:06 am Curtis M : Starting in 3 mins algo work on oil
10:15 am Curtis M : Out $UWTI 21.79 $UWTI 1200 shares from last Friday looking for re-enter later
10:19 am GSCT . : Very difficult to read to be honest
10:20 am GSCT . : Yes! Hahaha.
10:21 am susan woo : Its like a Kandinsky painting!
10:21 am GSCT . : Lol.
10:30 am GSCT . : And you’ll have educational videos as well
10:31 am GSCT . : or live edu on it I assume
10:42 am GSCT . : I don’t doubt the algo I’m just not clear how to trade using them exactly. And the chart as is is very cluttered to my eye.
10:49 am GSCT . : It would be easier to see without theall the horizontal purple lines.
11:01 am Curtis M : Email any questions you have plz thanks!
11:02 am Curtis M : Gonna do some scanning and back for 12 EST
11:07 am GSCT . : Can the screen in screensharing be enlarged so there aren’t fat white borders around it?
11:13 am Curtis M : OPEC press conference
11:23 am Curtis M : We have split rooms FYI
11:48 am Mathew Waterfall : Out the rest of my WLL calls. Hit the fib I was looking for. Almost a tripple bagger on those
11:48 am Curtis M : $MRO squeeze
11:50 am Curtis M : $MRO squeeze
11:57 am Curtis M : Nice Mathew
12:02 pm Mathew Waterfall : SN up over 22% and my calls barely moved. Love that…not
12:02 pm Mathew Waterfall : Part of the fun I guess lol
12:06 pm Curtis M : ugh
12:07 pm Mathew Waterfall : At least I had the move right so that makes me warm and fussy while my account is smaller than it should be. If this move confirms for a day or two the small cap oil squeeze will be on like donkey kong and it;ll straighten out
12:25 pm Curtis M : $JONE tape strong
12:36 pm Curtis M : Long $JONE average 4.81 2500
12:36 pm Curtis M : Will add if t squeezes
12:36 pm Mathew Waterfall : Good call. Picked up a bit earlier myself with the plan to add over 5 if it gets mving
12:37 pm Mathew Waterfall : *moving
12:51 pm Mathew Waterfall : Im out of JONE. 4.66-4.86. Will reenter if get sover HOD on volume
01:08 pm Curtis M : $HOS tape strong
01:10 pm Charles S : I think JONE will be good going forward no matter what occurs today
01:11 pm Elroy O : cleaner chart lol
01:11 pm Curtis M : funny
01:12 pm Curtis M : Hey if you guys figure out a cleaner way to get algo stuff in a chart let me know! 🙂
01:13 pm Curtis M : Pt close should be real good or real bad likely good
01:14 pm Mathew Waterfall : Can play HOS against 5.15. That’s been some key resistance and support
01:14 pm Mathew Waterfall : up over hi likely pops
01:15 pm Mathew Waterfall : Longer term support at 4.75 if you want to go on a swing
01:23 pm Curtis M : Set my stop on $JONE at my buy and gonna have coffee w wife and come back in 20 min (stopped flat)
01:30 pm Curtis M : Theres a recent Gold blog post about a possible bottom at that quadrant fyi possible
01:30 pm Curtis M : Back in 20
01:52 pm Curtis M : 49.84 fib ext oil
01:54 pm Curtis M : Long $UWTI 2000 22.98 looking for 49.80 oil fib ext
01:58 pm Curtis M : Sartaj stole the others lol
02:01 pm Curtis M : OUt 23.21 $UWTI
02:04 pm Curtis M : Long $UWTI 23.10
02:08 pm Mathew Waterfall : Back looking at silver and gold. Already sitting on small USLV position. Market weakness tells me it may be time mixed with gold double bottom here
02:09 pm Curtis M : Sorry yes 4000 shares
02:09 pm Curtis M : Ill go 12000 if fib 49.87 blows thru
02:13 pm Curtis M : Out 23.09 cut look for reenter for that fib break at top ($UWTI)
02:15 pm Curtis M : Looking fr squeeze above 49.87
02:16 pm Mathew Waterfall : DRYS getting after it again here
02:26 pm Curtis M : Sorry I was long $UWTI 3 mins ago (out flat)
02:28 pm Curtis M : cut flat
02:28 pm Curtis M : wanted that break and didnt get it
02:29 pm Curtis M : oh well trend change is in play now so should be decent trading now going forward
02:35 pm Mathew Waterfall : Large MOC to the sell side. This would be 3 in a row IIRC if it sticks
02:36 pm Mathew Waterfall : .-1.4b currently
02:44 pm Curtis M : Huge order flow $DRYS
02:45 pm Mathew Waterfall : Yepp. Picked up some SHIP as a sympathy pla. Like the lower entry point and solid support just south of current levels
02:46 pm Curtis M : Likely see $RIG $SDRL $NE etc run over next few weeks
02:50 pm Mathew Waterfall : Large sweeps in RIG and WLL today
03:30 pm GSCT . : DWTI 56.43 – 57.45
03:31 pm Curtis M : $SGY $CRC strong close… may run if oil continues…. $SDRL $NE $RIG I and others in that clan I think will run hard between now and Christmas
03:31 pm Elroy O : no doubt about offshore – setting up
03:32 pm GSCT . : Crude could fall here
03:32 pm GSCT . : 48.85
03:36 pm Kline P : Does look like last year
03:42 pm Mathew Waterfall : Like GST here as well if it can clear recent highs
03:50 pm Curtis M : Well I’m calling it a day – now that OPEC is behind us maybe we get a direction in market over next few days. Room open till 4 ish. Best!
03:50 pm StockMaven S : Thanks!
03:55 pm GSCT . : Going to miss these leveraged Oil ETFs
03:55 pm GSCT . : UWTI DWTI delisted Dec 8
03:56 pm Curtis M : yup
03:57 pm GSCT . : DO you like GUSH and DRIP >
03:57 pm GSCT . : ?
03:58 pm GSCT . : Exp and prod.
03:59 pm Curtis M : we’re backtesting them in the works
04:00 pm Curtis M : Night guys

2 win 1 Loss 2 flat 1 hold. It's beer o'clock 🍻 Have a great night! ✌🤓 Go hug a loved one! ❄ #stocks #wallstreet @CompoundTrading

— Curtis Melonopoly (@curtmelonopoly) November 30, 2016

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, OPEC, OIL, $USOIL, $UWTI, $GENE, $SCON, $SGY $CRC, $SDRL $NE $RIG

Nov 2016

Review of my Chat Room Stock Day Trades and Alerts for Tuesday Nov 29, 2016. $CBMX, $GLBS, $DRYS, $SHIP, $UWTI, OPEC, $USOIL, $WTI, OIL and more.

Intro:

Overview Perspective of Chart Room, Trades and Alerts:

Today was a day of review of inflecton point charts in $USD/JPY, $SILVER, $GOLD, $DXY, $SPY, $NATGAS etc. Spent some time in the afternoon going over levels to watch. As we get in to Dec with members only I will be reviewing in more depth including algorithm details. So this will be normal practice in quiet periods in room. I am also booking some guest speakers for those times.

Also, we are waiting for OPEC decison. I am long $UWTI from late Friday.

And then there were the Shippers and some BIO runners today for those of us tired of sitting on our hands during inflection – I made my donation – twice.

Primary Lessons That May Help Your Trades:

My $UWTI long… previous comments;

I took a trade on $UWTI at the wrong time on the chart – didn’t get on right side of it. I sold in morning to be sure I got out (OPEC has me pensive) and then took a position later when it “looked like” price action was going to get away on me —-> FOMO is what that is called. Oh well, can’t win them all – haven’t lost it yet – but definitely on wrong side of trade so far and that’s not the edge a trader wants.

So now it’s hard to say – in overnight trading oil is up 4.83%.

$GOLD and $SILVER per previous comments;

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse.

$SPY, I haven’t taken a trade on recently, perhaps should have entered on this most recent pull-back, looking for position soon again. Previous comments;

The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

$CBMX, this is my LESSON OF THE DAY. I don’t know how many times I have to learn this one…. cut fast. Anyway, I’m under water on it so we’ll see. It is a smaller position in my swing account so it isn’t that concerning but still a bad move. The way I play this is to hammer down two more times at inflection points on the wash-out with tight stops.

Announcements in Trading Room:

08:48 am Curtis M : https://compoundtrading.com/pre-market-newsletter-monday-nov-28-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

09:06 am Curtis M : Decliners $NVLS, $FOLD, $PI, $USLV, $FDUS, $TCBI, $GOLD, $GWPH, $AAPL, $ERIC
09:07 am Curtis M : Advancers $CYTR $CBMX $VBLT, $KNDI, $ARIA, $TTPH, $NVFY, $NTNX, $OCUL, $WB, $GOOGL, $AMZN
09:17 am Curtis M : .
09:19 am Curtis M : $CBMX $GENE $CYTR $VBLT $THO
09:26 am Curtis M : $CBMX likely 5 today
09:28 am Curtis M : $CBMX break of 4 is my buy after bell
09:33 am Curtis M : Long 416 2000 $CBMX
09:35 am Curtis M : Stopp $CBMX 409
09:47 am GSCT . : /CL looking to retest LOD
09:47 am GSCT . : 45s
09:48 am Curtis M : $NYMX halt
09:56 am Curtis M : $GENE monster
09:57 am Curtis M : Reset charts soon – bogged
09:59 am GSCT . : SKLN 3.11 now
10:08 am Curtis M : $CWEI $REN curb stomped
10:16 am Curtis M : I’ll start on SiLVER GOLD OIL charting etc once mornng slows here
10:24 am Curtis M : Iran chatter trying lift oil
10:31 am Xmid S : $EYEG squeeze very possible
10:32 am Curtis M : $GENE HOD and strong
10:35 am Curtis M : 2000 Long $CBMX 4.08
10:53 am Curtis M : Going to let this trade simmer and look to add later… taking a 30 min break and then back to prep charts for aft session and run thru OIL GOLD SILVER SPY NATGAS etc
11:58 am Curtis M : Back for afternoon sessoin running scans
12:13 pm Curtis M : GLBS halt
12:18 pm Mathew Waterfall : In NUGT .26 playing against the 100 on the 1′
12:19 pm Mathew Waterfall : Been minding that well, should see some lift. Possibly add more over highs
12:23 pm charles wilks : still think cbmx will get to 5$?
12:23 pm Mathew Waterfall : Stop bumped to .27 on NUGT trade. Right under 10 on the 1′ for a scratch at worst
12:23 pm Curtis M : thats my plan over next 3 days – but could be wrong
12:25 pm charles wilks : ok keeps hitting resistance now 3.95 last hr
12:29 pm Adam Q : $DRAM +33%
12:32 pm Randloph R : $GNK on the move HOD Shipper
12:32 pm Mathew Waterfall : Stop hit on NUGT trade. Small .10/share win. Looking to reenter on 50/100 touch
12:35 pm Winifred F : Taking some $GENE here for EOD move
12:40 pm Sandeep G : $DCIX R/G off $GLBS
12:45 pm Mathew Waterfall : Like that bull flag on the 1′ on GENE
12:45 pm Mathew Waterfall : Up and over the 200 would be strong
12:46 pm Winifred F : $DRYS $SHIP in play of course
12:52 pm Curtis M : 1000 $DRYS 4.63 Long Swing acct
12:57 pm Curtis M : 4.53 out loss
01:07 pm Mathew Waterfall : In GENE at 2.43. Out under that bull flag/100 at 2.39
01:07 pm Mathew Waterfall : Will be moving stops up if it goes
01:16 pm Mathew Waterfall : And out at 2.4
01:31 pm Mathew Waterfall : NUGT back on close watch. Would like a 50 touch. Currently resisting 9 day on 1′
01:35 pm Mathew Waterfall : in @8.51. Crappy fill. Tight stop to the downside it if breaks that 50 if may see the 100 quick
01:40 pm Curtis M : $GOLD testing 200 MA on 15 Min
01:42 pm Mathew Waterfall : Got my stop hit in NUGT at 8.48
02:19 pm Mathew Waterfall : Painful ranges today. May reenter NUGT at .44 which seems to be acting as support if gold heads north
02:26 pm GSCT . : SKLN off LOD
02:26 pm GSCT . : No vol but a good price
02:29 pm GSCT . : What do you think Curtis?
02:30 pm GSCT . : Just a spec play really without a catalyst
02:33 pm GSCT . : Increasing volume is a catalyst at this point
02:33 pm GSCT . : Thanks.
02:41 pm GSCT . : XIV nice ramp
02:58 pm Curtis M : $USD/JPY has to bounce or $GOLD will bounce
03:13 pm Curtis M : Done for day gong to leave room open and watch $USD / JPY from phone for faiilure at 618
04:30 pm GSCT . : SKLN AH

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, $CBMX, $GLBS, $DRYS, $SHIP, OPEC, $UWTI, $USOIL, $WTI, OIL

Nov 2016

Review of my Chat Room Stock Day Trades and Alerts for Monday Nov 28, 2016. OPEC, FOMO, $PZRX, GURU Posts, $GLBS, $UWTI, $USOIL, $WTI, OIL and more.

Intro:

Overview Perspective of Chart Room, Trades and Alerts:

Second quiet day in a row for me. There were some runners today $PZRX, $AIRI, $EPIX $HTBX, $TIME and a few more…. but didn’t catch any – small cap bios really. $GLBS got halted and offering of course and tank – a LESSON THERE FOR SURE – very dangerous plays they are. I love the GURUS that post their short positions after the halt – whatever. And the standard plays (Gold, Silver, Dollar, etc) we work with are still at inflection but it looks like that’s almost over. Tomorrow is GDP and EIA and other interesting things like OPEC are coming soon.

Primary Lessons That May Help Your Trades:

I took a trade on $UWTI at the wrong time on the chart – didn’t get on right side of it. I sold in morning to be sure I got out (OPEC has me pensive) and then took a position later when it “looked like” price action was going to get away on me —-> FOMO is what that is called. Oh well, can’t win them all – haven’t lost it yet – but definitely on wrong side of trade so far and that’s not the edge a trader wants.

So far we’ve play $GOLD and $SILVER right waiting for the inflection trend reverse. The $SPY play I had set properly prior to election has played out exactly as predicted and didn’t really capitalize like I could have so far – but it hasn’t exactly been a face ripper like Brexit or last Jan or last Sept (all of which I caught) – it’s been much more orderly so I’ve spent my energy preparing for the trend reverse.

So hopefully things pick up a bit soon. Of course I know they will. Patience.

Announcements in Trading Room:

08:48 am Curtis M : https://compoundtrading.com/pre-market-newsletter-monday-nov-28-gold-silver-usoil-wti-usdjpy-spy-vix/

Stock Chat-room Trading Transcript:

09:02 am Curtis M : Losers $CRIS, $YY, $VOD, $LOGI, $GPRO, $GRPN, $XIV, $RYAAY, $SBUX, $INTC
09:02 am Curtis M : GAINERS $CTSH, $EBIO, $FNSR, $TNDM, $KNDI, $ARTX, $UGLD, $TVIX, $USLV, $GOLD
09:19 am GSCT . : SPY just lost 9 points
09:20 am GSCT . : TOS issue perhaps
09:34 am Mathew Waterfall : Out of all of my WLL dec9 calls. Still have Jan Monthly’s but wanted to clean up and consolidate a bit before OPEC. Reduce leverage and take wins
09:35 am Mathew Waterfall : .68 from .3 entry on those
09:36 am Curtis M : Didn’t post out $UWTI 20.4 small gain from Fri
09:37 am Curtis M : New 52wk Highs: $CAAS $ESNT $FNSR $KEM $WAIR
09:41 am Curtis M : In Play: $PZRX, $CUBA, $TSL, $DRYS, $HTBX, $TIME, $JNUG, $DGAZ
10:06 am Mathew Waterfall : I’ve been watching the miners close this AM, NUGT and JNUG, super tight trading and can’t get much lift with USDJPY acting like they are. I’m going to sit it out and let a trend develop beore I jump in
10:18 am Curtis M : Long 1200 share $UWTI 20.47 swing account
10:24 am Mathew Waterfall : In NUGT .16. tight trailer to keep losses down I dont trust this move
10:25 am Mathew Waterfall : Out if it can’t clear ON high of .3
10:28 am Mathew Waterfall : Out at .24. Rather play it tight than watch a few dollars profit turn into losses
10:28 am Mathew Waterfall : Now looking at DUST
10:31 am Mathew Waterfall : Also watching FB calls closely. I posted entries into 2 sets last week. Acting well today. 119.8 is a key level to the downside. 123’s to the upside
10:59 am Curtis M : Comments out of Iran Tankng prce of crude
11:22 am Curtis M : Shppers poppng
11:41 am Curtis M : d oil price stays above 200 here on 15 and 100 crosses 50 on 15 then oil up and over resistance
11:51 am Curtis M : Others split in to other room FYI they’ll be back
11:59 am Gurjit H : Final countdown on oil
12:00 pm Curtis M : u can say that again
12:14 pm Mathew Waterfall : Getting some decent scalps in XIV but playing super tight. Action today is tight across the board in most plays if you miss the intial pop
12:25 pm Curtis M : 5 mins
12:29 pm Mathew Waterfall : XIV new HOD
12:29 pm Mathew Waterfall : Im in at .24 with trailing stop
12:30 pm Curtis M : we lost the 200
12:31 pm Curtis M : got it back just
12:33 pm Mathew Waterfall : .05 trailer on the XIV play now. Decent run and want to take some $$$ to the bank instead of losing here
12:35 pm Curtis M : Price has to stay on top of that 200
12:36 pm Mathew Waterfall : out of XIV. .56 from .225. Nice intra win
12:40 pm Curtis M : nice
12:40 pm Curtis M : Taking 10 mins to make tea
12:58 pm Mathew Waterfall : Watcing REN for a squeeze here. 30.12 important support
01:04 pm Mathew Waterfall : In REN @ 30.36 will cut below recent low of .24 if oil struggles
01:15 pm Curtis M : I wonder if those algo lines mean anythng lol geesh
01:16 pm Curtis M : Machines are like we’ll just wait on algo line
01:17 pm Mathew Waterfall : lol
01:25 pm Curtis M : $GLBS halt
01:27 pm Mathew Waterfall : Out of REN. Not getting pop I wanted and moving on to other plays. out at .31
01:34 pm Mathew Waterfall : Quick NUGT play against the 50 on the 1′. Out at 8.44 stop right below recent swing lows
01:40 pm Curtis M : 40 mins to pit close – torturous today
01:40 pm Curtis M : $GLBS 30 day halt
01:43 pm Mathew Waterfall : Yea not great price action for anything on my list
01:43 pm Mathew Waterfall : still eyeing a reentry in REN as it’s making fresh lows lol. Hard knife to catch
02:01 pm Curtis M : $REN HOD $GDX HOD
02:01 pm Curtis M : not $REN lol
02:01 pm Curtis M : $VRX HOD
02:05 pm susan woo : Curtis, silver does look good
02:05 pm susan woo : I recall lyou mention last week that silver algo said 90ish% that this would be a good run back up instead of a dead cat?
02:06 pm Curtis M : Was that by voce or in writing?
02:06 pm susan woo : voice I think
02:07 pm susan woo : yeah, you were talking about being on vacay last Xmas and then segued into silver talk
02:07 pm susan woo : Something like that lol! I had a sick kid at home, so was a bit distracted
02:08 pm Curtis M : hmmm vaca yes 90% no dead cat bounce nope always say wat for back test PRICE TRIGGER TRADE trigger is back test and above last high – that’s the drill
02:09 pm susan woo : ok
02:09 pm Curtis M : I said market looks like last year
02:09 pm susan woo : yes
02:09 pm Curtis M : ran thru charts that look like last year
02:10 pm Curtis M : Thats another rule… history rhymes but t may not repeat
02:10 pm Curtis M : watch the newsletters close – they’re easest cause the trade triggers will be clear – we’re at inflection n everything rght now
02:11 pm susan woo : I find the blog a bit dificult to understand
02:11 pm Curtis M : dont see a trend except ATHs in SPY etc everything else at inflection
02:11 pm susan woo : I;ll re-read
02:11 pm susan woo : thanks
02:11 pm Curtis M : np its all inflection waiting for trends to develop and USD JPY to back off
02:12 pm susan woo : gotcha 🙂
02:13 pm Curtis M : Those are your man trading ranges there
02:15 pm Curtis M : So that white arrow is an example of where most will take a trade based on change in trend
02:16 pm Curtis M : Right white arrow would be trigger for trade
02:33 pm Curtis M : Holding $UWTI may add f pull back far enough to diagonal trendline
02:50 pm Curtis M : OPEC hearing meeting over – waiting for delegates now
02:53 pm Curtis M : Stops wacked there
02:57 pm Mathew Waterfall : Roughh day all over. I’m likely done after trying another swing at XIV and failing
02:57 pm Curtis M : y a tough
03:02 pm Curtis M : $GLBS opens at 335 EST 1.60 5MM private placement ouch
03:11 pm Curtis M : Thats it for me. Will leave room open till 4. Have a great night!!!
03:13 pm Megatrend M : u too!

Topics: Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Stock Market, Day Trading, Chat Room, Trading Results, OPEC, FOMO, $PZRX, GURU Posts, $GLBS, $UWTI, $USOIL, $WTI, OIL $UWTI, $USOIL, $WTI, OIL

Nov 2016

Oil Trading Chart Blog Update Nov 29. Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

Crude Oil Trading Algorithm (EPIC) $CL_F, $UCO, $USO, Algorithm, Chart, Crude Oil FX: $USOIL $WTI, DWTI, EPIC the Oil Algo, Indicators, Trading Edge, Trading Room, UWTI Epic the Algo

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F) Chart and Algorithm Observations

November 29, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

FX: $USOIL $WTI Observations

At time of writing FX $USOIL $WTI is trading at 46.58 (404 AM ET Nov 29, 2016). Some thoughts that may help advance you trading edge;

Crude algo intra work sheet 402 AM ET Nov 29, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Diagonal Trend-Line Inflection Points (blue lines)

Here is an indicator (in addition to many others I have explained in previous posts and on my Twitter feed) I haven’t explained in past that I should because it recently occurred. Refer to the white circle in the oil chart below. You see the diagonal trend-lines (in blue) from the current time / price cycle? When they converged… look at what happened with the price action of crude oil.

Diagonal Trend-Line (blue lines) Price Action at Inflection Point (white circle). Crude algo intra work sheet 419 AM ET Nov 29, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Recent price action – price failing at 200 MA on 30 min and now resistance at 200 MA on 30 min.

Price failed support at 200 MA on 30 Min and failed resistance at 200 MA on 30 Min. Crude algo intra work sheet 426 AM ET Nov 29, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Fib support. Crude algo intra work sheet 534 AM ET Nov 29, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Price bounced off the Fib. Crude algo intra work sheet 607 AM ET Nov 29, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

So for now that is it for the update. The targets for this week have been published and we are awaiting OPEC so any more than this would just be duplicate of my recent posts.

Indicators:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room!

EPIC the Oil Algo

Article topics: EPIC the Oil Algo, Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge.

Nov 2016

Oil Trading Chart Blog Update Nov 28. Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

Crude Oil Trading Algorithm (EPIC) $CL_F, $UCO, $USO, Algorithm, Chart, Crude Oil FX: $USOIL $WTI, DWTI, Indicators, Trading Edge, Trading Room, UWTI Epic the Algo

Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F) Chart and Algorithm Observations

November 28, 2016 EPIC the Oil Algo Oil Report.

Welcome to my new FX: $USOIL $WTI oil trade report. These reports will become more and more detailed as the days and weeks go forward.

How My Algorithm Works and Availability:

Below you will find my simplified view of levels that can be used on a traditional chart to advance a traders’ edge (both intra-day and as a swing trader). This work, and your subsequent trading, should be considered as one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.

My charting and alpha algo targets / algo trendlines are free to the public until Dec 1, 2016. After Dec 1, 2016 will only be made available to subscribers here.

FX: $USOIL $WTI Observations

At time of writing FX $USOIL $WTI is trading at 46.20 (510 AM ET Nov 28, 2016). Some thoughts that may help advance you trading edge;

Crude is currently challenging 200 day on the 5 min chart.

Crude algo intra work sheet 522 AM ET Nov 28, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo

Here is how the alpha algo targets looked on Friday.

The third most probable target hit target zone.

Explanation detail.

Here are the primary alpha targets going forward. How do you trade these? Read my previous blog posts, read my story on our website, read my tweets and be in our room. The indicators I provide in addition to the primary targets I provide you give you an edge most traders will not have available.

Here is one important indicator. It is critical to learn how the price of crude is affected by and the relationship with diagonal trend-lines (please review my previous posts).

Here is another important indicator. While writing, the price of crude got under the 200 day MA on the 1 minute chart and here is how the price of crude reacted.

When trading crude, it is critical you watch all indicators, but the 200 day on the 1, 5, 15, 30, 1hr getting under price will give you a head start if your entry is timed properly (more often than not).

Indicators:

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. Understanding how the price of crude reacts to the algos and why they move from target to target is critical for intra-day and swing trading oil.

We cover this in much more detail in the trading room and we will start posting video blogs (for my subscribers) on You Tube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room and if not stay tuned for our videos recapping what happens in the room!

EPIC the Oil Algo

Article topics: Crude Oil FX: $USOIL $WTI, $UWTI, $DWTI, $USO, $UCO, $CL_F, Chart, Algorithm, Indicators, Trading Room, Trading Edge.

Previous 1 2 3 4 5 Next

Oil Trading Chart Blog Update Wed Dec 7 Crude Oil Algo FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Member Edition – Oil Trading Update Tues Dec 6 Crude Oil Algo FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Oil Trading Chart Blog Update Tues Dec 6 Crude Oil Algo FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Oil Trading Chart Blog Member Update Mon Dec 5 Crude Oil FX: $USOIL $WTIC ($USO, $UCO, $SCO, $CL_F, CL)

Oil Trading Chart Blog Update Fri Dec 2 Crude Oil FX: $USOIL $WTIC ($UWTI, $DWTI, $USO, $UCO, $CL_F)

Post Market Wednesday Nov 30 OPEC, OIL, $USOIL, $UWTI, $GENE, $SCON, $SGY $CRC, $SDRL $NE $RIG and more.

Post Market Tuesday Nov 29 $CBMX, $GLBS, $DRYS, $SHIP, OPEC, $UWTI, OIL and more.

Post Market Monday Nov 28 OPEC, FOMO, $PZRX, $GLBS, $UWTI, $USOIL, $WTI, OIL and more.

Oil Trading Chart Blog Update Nov 29. Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

Oil Trading Chart Blog Update Nov 28. Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F)

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