Oil
New York Watchlist: 7 solid active trades!Ok so we've got a big selection of trades today... 7 active setups !
Enjoy the video!
CFDs on WTI CRUDE OIL 1HHOW TO USE 200 EMA TO BUY COMMODITIES.
1 - 200 EMA standard measurement of bullish
or bearish trends in commodity market.
2 - MA breakouts have multiple false breakouts.
3 - Wait for a breakout and then a retest of EMA.
4 - Buy at breakout of high of breakout candle.
If you want to predict which commodity trading levels are worth to base your trade-off, then look no further than the 200-day moving average.
The 200-day EMA is regarded as being the standard measurement of bullish and bearish trends in the commodity market. However, a breakout of the 200-day EMA is not always a reliable signal. The reason is that like with all technical indicators it’s prone to give multiple false signals.
A simple solution to this very common problem is to wait for the breakout of the 200-day EMA and a retest.
This means that you can buy/sell commodities at the first retest of the 200-day EMA.
Now, we know that not many traders have the right amount of capital to invest in the long-term.
Holding a position for a yearlong period is not suitable for everyone.
If you don’t have a big account balance and the patience to ride the cyclical commodity trends, you’re better off if you stick with short term commodity trading
USOILEsperando el nivel 50.00 con posible reacción en la order block. Veo buena compra si el precio llega ahí o puede comenzar a subir respetando el 50 % de la vela alcista
Crude oil Brokeout on ObservationLooks like market finally broke out to the upside, a long-awaited move.
PrimedTraders Daily Watchlist: Lots of assets in playWe didnt release a daily watchlist video in a few days... but we are back!
Today we are on a mission to recover some losses from yesterday and get back to reaching our 6.5% profit target for the week.
We have quite a few trades going on WTI and many forex pairs so watch this short video and understand what we are doing and why.
A light watchlist: EURUSD buy & WTI sellHey all,
The video speaks for itself, we are shorting WTI and buying EURUSD, we might take action on USDCAD... but our target for the day is to grab some GBP pips during the BoE meeting!
Enjoy the video
Oil Structure & channels in multiple timeframesFor visual guideline purposes. If you're wondering why oil dropped so intensely, it was foreseeable.
Here is a very useful video that predicted this move before it occurred :)
www.youtube.com
Gold OilGolds...it looks like it will prove to be a bear trap...but still has to move higher. Oil did not look like a buy yesterday, but might be generating a buy signal now...but is not an easy trade ( which is why I post "tutorials" and not trades...and that way...you might end up calling me stupid, but you cannot claim that I told you to go long and lost your money ).
Some tipsSome of the way I use 382's ( and other things ); Some of the problems with shorting highs and how I handle it.
UKOIL - Dthis was missing to send it to you my friends ...sorry.
but now it is ready to sell it if you want.
good luck
Correlation between S & P500 and WTII would not be surprised if we see the fall of the WTI and S & P500 this year. Although there are always alternatives
Resistance On Crude Oil Is Support On USDCADHello traders!
Today we will talk about Crude oil, USDCAD and their negative correlation in the market.
As you may already know Crude oil and USDCAD are in tight negative correlation, not tick by tick, but they are mostly in the same shape, just inverted.
Well, want we to point out is that correlations are very important to get the right approach to the markets. And, if you combine them with EW and some other technical tools, then sometimes can be much easier to recognize the pattern and direction.
Let's dig into the charts.
Crude oil can be forming big triangle and now when it's trading nicely within a corrective channel and right at the upper triangle line and potential resistance, we wonder if it will break up or it will turn down.
But, if we take a look on USDCAD, from EW perspective we can see quite nice bullish formation that can send the price at least towards the upper triangle line.
So, if we consider all the evidences, then the next move should be down for Crude oil and up for USDCAD, at least into the projected minimum target area, if not even further.
Trade smart and wait for confirmations!
If you like what we do please like, share and follow us.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
UKOil when we can SellDears,
thank you for your support us and as you can see on the chart we are waiting for the price of the selling area and with price action, we can go to sell.
we will update it from time to time.
Good luck
OilLooking at structure and price dynamics on oil...through the eyes of buyers and sellers...with emphasis that you need to know where the sellers are if you are a buyer, and where the buyers are if you are the seller....and this is what helps you target realistic targets.
DXY Oil11.27.19 Yesterday I uploaded a video suggesting that the dollar was going higher. Today is the follow-up in a quick review of that market. Next I discussed oil and talked about ways of taking profit and scaling entries and exits to make more money with less risk. And then I took an example using the oil chart of how markets are really much more likely to benefit buyers and sellers and not just one side of the market. But depending on how involved you want to be as a traitor, you may or may not want to see the algorithms for both buyers and for sellers as markets can benefit both sides, and it all depends on the trade location and an understanding of the set up and what you can expect for a reasonable target. I did not talk about one other aspect of this on the video, but in transitional periods in the market when markets are about to make significant changes, markets can actually burn buyers and sellers. This is why the market can be so difficult and why most traders fail a trading. I found in my own study of the market over the years is that I had to dig deep into the assumptions and the way that I processed information so that I could change my paradigm... and accept those changes... in order to benefit from the market. I had to change many things over the years.
