DISCLAIMER: This is not trading advice. This is for educational and entertainment purposes only to show how I view this market. Trading involves real risk. Do your own due diligence. My COT strategy has Crude Oil SETUP for longs if we get a TRIGGER (Confirmed bullish trend change). But what do cycles have to say about this long trade idea? Cycles suggest that we...
DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy LONG Crude Oil (CL) My COT strategy has me on alert for long trades in CL if we get a confirmed bearish change of trend on...
My bias all week has been for oil to trade to the PWH. So far, I've been given no trigger to get involved. However, end of NY session saw H4 candle bullish closing disrespecting bearish arrays. I want to see these levels respected as bullish arrays to then look for m15 bullish displacement long entry.
Crude oil appears to be heading towards the PWH. I would like to see the H4 chart pullback and respect discount bullish arrays to then hunt a m15 bullish displacement to get long.
My weekly bias is for price to trade up to previous weeks highs, but Mondays price action has me leaning towards a pullback before we trade up mid/late week. Today's candle was quite bearish, so I am looking for price to trade down to Monday's lows, and possibly trade into the untapped lows from several daily candles formed last week. I want to see price trade...
⌚️Waiting to See Reaction to Inverted Weekly FVG ⌚️ ⚫️H4 Strongly Broke Through Weekly Inverted FVG ⚫️Nice Confluence at the Level With a Reclaimed Bullish H4 OB ⚫️Want to see Bullish PA from this Level 🎯Target: Weekly - OB 90.55 to 90.79
📈Clean Long Trade Setting Up 📈 🟢Daily IRL Tagged 🟢Strong Bullish Reaction on H1 🟢Looking to Long Retracement into H1 OB with Bullish M15 PA. 🎯Target: Daily ERL @ 88.33
Central banks have considerable power in the foreign currency market. Central banks are primarily responsible for long-term inflation management while also contributing to the general stability of the financial system. When deemed appropriate, central banks will act in financial markets in accordance with the previously specified "Monetary Policy Framework." Forex...
Pre Euro open we see some stiff rejection right around the key-level identified when fCentral banks have considerable power in the foreign currency market. == == 📢 Signal#:3 🏦 OrderType: Sell 💱 Symbol: EURUSD 🇪🇺🇺🇸 📈 OpenPrice: 1.13056 🎯 Old TP: 0.00000 🎯 New TP: 1.12009
Almost perfection with t forecasting given over the last few weeks, as is inline with the exact trading strategy and style we represent for free on a daily basis! Now, what's the deal with the USD?
Aside from Crypto, I've had the most success in the last decade trading crude based on a combination of technical analysis (classical charting) and trading the news (economic indicators, such as OPEC releases). Between March - June 2021, Crude oil prices formed a cup and handle that concluded with price reachings its target just above $75. Price then corrected,...
Crude oil pulled back sharply from 75.30 resistance level. Now bouncing from trend line drawn from March to May lows. Until it reclaims 69.75 and stays above, downward pressure continues. If 65.30 fails to hold, next support at 64 and at last 61.50. Close below 61.50 more downside possible. Other levels as marked.
I believe the oil on the last wave of flat correction and close to complete it. One more last rise and you can sell oil with SL at the horizontal red line.
This was made for someone asking for the key-levels on GJ and where they are. I hope this shows how powerful waiting for rejections and consolidation around institutional prices can give us high probability trades. The goal is to analyze from top to bottom, gathering the price action data in order to tally up confluences. For stop placements, the 4-hour chart will...
American Stock Market Return by Asset Class for Q4
Crude oil is running out of steam to the upside. It has closed the gap from the last decline and presents a good RR short here.