Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

WTI Crude Oil (TRENDSURFING - with the help of the model) 478 replies

making money intraday CL/WTI/OIL - no overnight holds 12 replies

Crucify - Crude Oil Trading 3 replies

Trading Oil WTI to get back all! 18 replies

Hedge WTI and Brent Oil 1 reply

Attachments: WTI Crude Oil Trading
Exit Attachments

WTI Crude Oil Trading

Attached Image (click to enlarge)
Click to Enlarge Name: crude cup and handle 1hr feb 2020.png Size: 168 KB

my price targets are between 62.74 - 63

i'm seeing cup and handle and an ab=cd .

i'll probably close most of my position before the storage number tomorrow.
In tea leaves we trust!
WTI went up $1,58 today with a very high ATR that produced 3 excellent trades.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 32 KB
Quoting Hutch
WTI went up $1,58 today with a very high ATR that produced 3 excellent trades. {image}
WD, its been strong of late : )
If it works for you, run with it : )
WTI went down $1.41 today with a very high ATR that produced only winning trades but better on the down side.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 35 KB
Quoting Hutch
WTI went down $1.41 today with a very high ATR that produced only winning trades but better on the down side. {image}
Finger on the trigger, but all good so far. : )
If it works for you, run with it : )
#BRENT / H4
Attached Image (click to enlarge)
Click to Enlarge Name: kFCpNPv.png Size: 71 KB
Crude couldn't stay up above the $60 handle this week. While OPEC is cutting supply, there's still a lot of uncertainty about when demand will return to pre-pandemic levels. Regardless, it's safe to say prices are somewhat stabilizing. OPEC has handled this recovery well (besides the oil price war with Russia ).
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-0179.png Size: 17 KB
We must learn who is gold, and who is gold plated
WTI went down $1.25 or 2% today with a high ATR that produce so many up/down moves that I had to change the bricks size to trade properly.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 39 KB
Quoting Ayax.TSS
#BRENT / H4{image}
Interesting chart, thanks, a bear trap caught a few out earlier in the week., I'll stay with it, tho out for now, had a great run up from 50.00. Taking a breather, I would say, before next run up. Will be the winner at least in the first half this year. Petrol prices have jumped sharply this week, local (Australia), no shock there.
If it works for you, run with it : )
Crude starting the week off strong after a pullback late last week.

Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-0241.png Size: 12 KB
15M:
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-0242.png Size: 14 KB
We must learn who is gold, and who is gold plated
WTI went up $3.16 today with an extremely high ATR that basically produced one excellent trade on the up side. The first arrow indicating a false signal because the FxBay MACD was positive.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 30 KB
Yes WTI riding on what now is a one year high, all good, with more to come I believe. Well done Hutch and EventsTrader, and others on it. : )
If it works for you, run with it : )
Heading back to $59.25...
Quoting Mcbeaners
{image} my price targets are between 62.74 - 63 i'm seeing cup and handle and an ab=cd . i'll probably close most of my position before the storage number tomorrow.
this one was a bust. let's try again. i'm long from 60.83ish looking for 65.62 ish by the end of day 25th feb
Attached Image (click to enlarge)
Click to Enlarge Name: 2021-02-23_10-38-15.png Size: 142 KB
In tea leaves we trust!
it seems they like oil around $62 or just below
WTI went down 99¢ or 2% today again with an extremely high ATR that produced many good trades, a break even trade (second arrow) and a losing trade (third arrow).
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 35 KB
I'm beginning to wonder how high crude will go. Since Russia and Opec agreed to play nice last November, it's been in rally mode.
Attached Image (click to enlarge)
Click to Enlarge Name: SNAG-0292.png Size: 13 KB
We must learn who is gold, and who is gold plated
Quoting Mcbeaners
{quote} this one was a bust. let's try again. i'm long from 60.83ish looking for 65.62 ish by the end of day 25th feb {image}
internals say "i'm going higher".
In tea leaves we trust!
Quoting EventsTrader
I'm beginning to wonder how high crude will go. Since Russia and Opec agreed to play nice last November, it's been in rally mode. {image}
I think crude is going up because of the expectation that covid will be beaten but with 500k dead in the US I have my doubts.
  • Post #9,220
  • Quote
  • Last Post: Feb 24, 5:20pm (12 hr ago) Feb 24, 5:20pm (12 hr ago)
WTI went up $2.27 today with an extremely high ATR that produced 5 good trades but also 2 losing trades. Good trading day but far from the best.
Attached Image (click to enlarge)
Click to Enlarge Name: WTICOUSDM12.png Size: 39 KB
2 traders viewing now