Crude Oil Trading

[vijkris]

Did not mean to hijack this thread but sharing to learn and earn. Longs triggered and then shorts on copper - time frame day

neither price nor date is visible. :lol:

BTW which method u r following?

 

[Silentshadow]

candles speak isn't it? Visualization shows trend doesnt it ?
3-15 ema an old strategy has numerous mention on this thread

neither price nor date is visible. :lol:

BTW which method u r following?

 

[amitagg]

Not able to brk your magic no in first 2 hrs... :clapping:

And today it did not clear 3330 (filtered)

But more importantly I am unable to decipher the trend

What do you think.

Up or down or sideways

It'd sidewys what's the range

Others can guide as well

 

[amitagg]

Dancing to the tunes... Now 3283

I have sold short small . Expect a down day tomorrow. Let's see if crude is stil bullish or not cmp 3280

Not as expected . Sideways day . Scratched .

 

[kuldeep72]

And today it did not clear 3330 (filtered)

But more importantly I am unable to decipher the trend

What do you think.

Up or down or sideways

It'd sidewys what's the range

Others can guide as well

my opinion is the bias will be negative for few days. You have pointed out the resistance zone very rightly. Looking at the global daily charts, I think we can see formation of second shoulder.

https://www.mql5.com/en/charts/5176531/crude-oil-d1-gci-financial

Today morning I entered short but got stopped out. Have again initiated short for positional entry.

 

[arsh22g]

Assuming no major change in fundamentals, we might be in for a fall from $51.

1) Bearish Divergence
2) Rising Wedge
3) Resistance
4) Stoch overbought

But PA needs to confirm it by falling below $46 convincingly.

 

[amitagg]

Not 51 but 53.5

 

[vijayanscbe]

3-15 Strategy does not make money on crude oil

the code to test the strategy on amibroker is here....
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Data can be downloaded for amibroker from volumedigger.com utility....

Data Downloader....

pls backtest whatever you decide to trade.....

I already used Data Dowloader in past , which downloads data from Yahoo/google. Now the support for this software also ended. But I doubt for Crude oil. Coz yahoo/google is not giving crudeoil chart. Or am i missing something.
Can you confirm, Datadownloader for crudeoil.

 

[amitagg]

Where are the participants

 

[PreSap]

Where are the participants

Your silent spectators are here