Get started

Commodities

oil4.28.20 This is the third video this morning on oil. This is about presses... which are higher tops and bottoms with a minimum of three bars. Because it set up correctly, it was easier to show you the dynamics. I talked about potential scalping techniques that might help you realize more profit potential that might not otherwise occur to you. There is always a risk which is inherent to scalping because of risk: reward issues. Still, it is worth listening to because it is not an intuitive way to trade in real time for many traders who are one-sided thinkers: they think the market is either going up, or does going down when it's not nearly that simple. The other two videos today are much more important regarding oil. In this video I showed my perspective on how presses often include the body of the previous bar, when you listen to the video you'll understand my reference. But what I did not say is that if there is another bar pressing higher tomorrow, the market may retest a good portion of today's bar, and if you are a one-sided thinker, this is not going to be a comfortable experience. My recommendation is to look at and observe it, and see if it's something you can use that is compatible with your requirements as a trader, but don't trade it until you get a feel for this because it might not work for you, and the fact is it doesn't work all the time anyway, and it requires some discretionary real-time analysis; and most importantly...what you have done effects what you are able to do, and what this means is if you're holding a contract at a higher price and your unrealized position in this market reflects that you're already down $1500, you may not want to add a contract because you think the markets going higher, but if it doesn't you are now losing on two contracts. Just watch the relationship and don't trade until you get familiarity and you're comfortable with this type of analysis.
NYMEX:CLM2020Education
by ScottBogatin
S&P How spot market recovery & what markets to buy & sellZones created using crossovers of Monthly 20 MA on VIX close & 20 MA of same. Like end of crash in 02 & 09 some bulls and bears think this crash will only be confirmed over when TNX closes month above 1.34. See what happened to OIL, GOLD, and DOLLAR last time (green verticals). White verticals denote VIX peak (no guarantee reached that yet). Caveat small sample size & my arbitrary choice of two key TNX levels which just appeared to make this analysis work to perfection on two previous occassions. NOT ADVICE. DYOR.
TVC:VIXEducation
by Felix000
Bitcoin monthly price chart compare correation with oil and DJIBITSTAMP:BTCUSD Bitcoin has never been correlated to nothing BTCUSD, 1M, price chart CC, USOIL, 20 CC, UKOIL, 20 CC, DJI, 20 When CC reaches 1, there is a perfect correlation. When CC reaches -1, there is a perfect negative correlation. When CC = 0, there is no correlation at all. Bitcoin has never been correlated perfectly, or perfectly negative with crude oil, bren oil nor Dow Jones. Bitcoin is doing is own path, despite the dreams of the hodlers, mooners and big brown bears. This tutorial is dedicated to Tradingview "experts".
BITSTAMP:BTCUSDEducation
by Nugacity_Fracedinous
HOW TO TRADE MARKET STRUCTURE HOW TO TRADE MARKET STRUCTURE 1) WE CAN SEE THAT USDCAD HAS BEEN IN AN UPTREND MAKING HIGHER HIGHS & HIGH LOWS. THIS IS DISPLAYED WITH THE A-B-C-D MOVEMENTS 2) AT 'C' WE REACHED A KEY RESISTANCE ZONE AT 1.42500 RESULTING IN THE NEXT PHASE OF THE UPTREND TO CREATE A NEW HIGHER LOW AT D 3) AT 'D' USDCAD BEGINS THE NEXT PHASE OF OVERALL UPTREND AND ATTEMPTS TO MAKE A NEW HIGH. HOWEVER THIS UPWARD MOVE FAILS AS WE FAIL TO BREAK ABOVE 'C' & INSTEAD END WITH THE MOVE TO 'E', SIGNALLING A POTENTIAL END TO THE UPTREND 4) THE NEXT MOVE FROM 'E-F' CREATES A NEW SUPPORT LEVEL AT OUR PREVIOUS LOWER HIGH 'D' (1.41142) ZONE 5) THE NEXT MOVE FROM F-G IS AN ATTEMPT FROM BUYERS AT THE SUPPORT LEVEL CREATED FROM E-F (1.41142) TO TRY AND CONTINUE THE UPTREND HOWEVER 'G' NOW CREATES A LOWER HIGH 6) FROM G-H WE CAN SEE PRICE IS MAKING A THIRD TEST OF THE SUPPORT LEVEL AT (1.41142). A FAILURE OF THE SUPPORT LEVEL HOLDING GIVES US A GOOD ENTRY POINT TO ENTER A SELL POSITION WITH OUR PROFIT TARGET OF 105 POINTS AT 'H' (1.40000)
Education
by ezinvesting
gold4.23.20 This ended up being a video on gold and I never got the oil, but he gave me a chance to talk about the nuances of price action, money management, and risk reward. It will be a good video for a lot of traders because it shows a slightly different point of view that can help you once you think about this and develop your own strategy and your own sense of market dynamics. You do not have to accept everything that I say, but have an open mind and always verify through examples over the next month or so, and then refine your point of view. If this was helpful I would appreciate a thumbs up. Thanks
COMEX:GC1!Education
by ScottBogatin
gold oil4.22.20 On this video I describe some issues that I have with the oil market and some of the technical problems that resulted a couple days ago. I tell you what I plan to do, and I will get back to you on that. I also talked about the potential oil trade that a scalper might've taken yesterday, and I expand on that today, and I make some differentiations between two different "BUY" set ups on the chart and how I handle them differently. If this video provides value please give a thumbs up. Thanks.
COMEX:GC1!Education
by ScottBogatin
1
How to Chart Futures Contracts and Crude Oil's Historic MoveCrude oil traded at -$40 per barrel and that is a historic move. It will go down in the history books. In this video, we want to show everyone how to track and analyze futures on TradingView, specifically future contracts in crude oil CL1! and CL2!. On TradingView, it's possible to study any futures market and break that market down by each month. CL1!, for example, shows the current crude oil contract in front. CL2! shows the next contract in front. You can also dive into specific contracts that go as far as 2021 or 2022 or beyond. This video tutorial is meant to be educational and we hope it helps anyone interested learn more about these markets. It's important to remember that most futures contracts trade based on an expiration date. Then, the contracts roll to the next month after that. As a platform, TradingView gives you the data and tools needed to analyze any of these contracts. The quickest way to getting started is to use the search bar to explore all the possible futures contracts that can be analyzed or visualized on a chart. We hope this video tutorial helps the community get started. Please press like if you enjoyed it and, even better, please leave a comment to add to this discussion. Let's hear your opinion on futures market and the recent crash in crude oil.
NYMEX:CL1!Education
by TradingView
11
Biggest mistakes theory in practice.The biggest mistakes and biggest reasons why traders lose keep being repeated. It is more clear when we can see it actually happen. Here we can see the number of holders as well as the increasing money pour in into an Oil ETF while the price is going down. When it will go up those that didn't hang themselves will break even so remind me to check robintrack. United States Oil Fund number of Holders on Robinhood went parabolic as Oil prices plunged robintrack.net Nosediving right now. Trading was halted for this fund www.streetinsider.com > Stop fighting fundamentals & trends because "it's cheap" or "some indicator" > Stop averaging in losers > Cut your losses You can be sure that when they get lucky and get out in the green (and rapidely take minuscule profits) you'll hear from them, and when they get wiped out on huge losers you'll never hear that story.
NYMEX:CL1!Education
by MrRenev
1
There is a cure. The real reason why it is ignored.Recently someone has digged to find the virus probably started in a lab in Wuhan, and the CCP has tried covering their tracks. Now it is my turn! Almost every one by now must have heard of a cure. And we are told that this problem is very serious and dangerous. So why are we not hearing much of this cure, and why are politicians and the media criticizing it? I found out why ;) First of all I read in a science magazine that a vaccine was ready to be mass produced, but I didn't look into that much, I haven't heard about it in the media except maybe FOX news (wonder why they absolutely dominate ratings and have far more viewers than cnn & msnbc combined). In France you got this genius doctor, Didier Raoult, director of a big infectious disease research & treatment unit. Decorated, renowned worldwide and everything. His team and him have tried antivirals - very well known antivirals that have been used for over half a century on billions of people - and have had spectacular results. And other people that tried this had similar results. On 100% of trial patients. So, what are the odds this is all a coincidence? Very very low. The world is on lockdown and we are said to be facing an emergency, and there is a cure that very likely works wonders. The skeptics that want more tests could have had thousands of tests by now, but haven't done anything like this! This is suspicious. Why would so many be pushing back against this? When the top experts are telling you to just go for it and they swear it works. Well I did my research and I think I found why. You might be shocked. 1- Didier Raoult has been called a "Trumpian that downplayed the virus". Ye apparently he said that a worldwide lockdown was medieval and unecessary. I don't know where the Trumpian comes from. Probably just that he's not part of their TDS club, and Trump has shown alot of interest in the cure. Now, "downplaying the virus" is a complete taboo that sends emotional people into shock. From 0 care to Full Tin Foil hats. 2- This is it. AHEM! Ah, yet another genius world class top scientist past 60 (so has nothing to lose) that is an *drum roll* evil climate denier. Funny how many people in his shoes are part of this "3% of nut deniers". I wonder who I would rather listen to: - Eminent decorated astophysicists, microbiologists, meteorlogists, with 200 IQ that made huge leaps forward, and are climate skeptics - A high school dropout, out of touch politicians that keep screeching "12 years left", celibrities that cannot solve an addition, and Bill Nye the science guy Ye I really wonder who I would rather trust with my life and the future of humanity. 3- He has warned Africans against the dangers of "goodwill charity vaccines". The charitable west wants to use them as guinea pigs. Talking about guinea, here is an article from Ghana (so LITERALLY tested as guinea humans): www.ghanaweb.com Little remark on the side: I think africans are starting to realize they got scammed when they chose socialism and in particular anti business laws. Some european countries are qualified of socialist (france denmark sweden) idk if they are or not but what I know is they do not prevent business finance & markets operate well with no restriction. In alot of african countries it is much harder to start and operate a business than it was in the soviet union. Add to this competition from whites that want to feel better and send free goods "charity is good". Add to this africans looking for jobs/money/a future climbing on boats to come to europe etc. Some african countries have started to change and are more balanced now, some are going in the direction of the far right. If Europe and NA have a depression they won't send charity there to clear their conscience, and africans won't migrate there as much, so without charity doing so much harm to africans, and with their most active youth still at home, the paradigm shift can only accelerate. There might be some far right (not much far left because I think they had it with the far left), there might be some genocides not much we can do about this unfortunatly, wars revolutions etc. Rwanda already had their revolution & genocide (not saying it is a good thing) and started transitioning, and for the past years had close to 10% yearly GDP growth. One of the highest in the world. I've already talked about this. Might already be good investments there, idk if I can forgive rwanda myself. When africa paradigm starts shifting, we will have there countries that are extremely undervalued. In my eyes, the USA are already done. Things should deteriorate, and when there is blood in the street (either us indices down 75% or mega inflation), which should bring down foreign investments too, I expect some extremely cheap and solid companies abroad. So anyway, now you know. A damn arrogant climate denier! And Trump has spoken positively of him! We can't have that! I am glad and proud I have someone like this on my side, and the struggling low IQ prefrontal cortex deprived violently oppose us. Would these TDS sufferers rather DIE than let a "climate denier woooooo" be the hero and get attention? We must make him look bad. They say they care about lives. Doesn't look like it.
CEducation
by MrRenev
7
WTICOUSD - Oil weekly. Is oil ready to pivot?4/17/2020 OIL weekly chart All the talking heads are saying how the C-19 virus destroyed the Oil and etc. The truth is the oil peaked in 2008 and it is looking to be completing a 5 wave structures down. Currently the oil is in 19 handle I can see Oil may go down to the 17 handle I can also say see that Oil met the minimum requirement to begin moving up from this area. EVERYONE was bullish when oil was $130-$140 EVERYONE is bearish now when WTI is $19.xx and USO is at $4
OANDA:WTICOUSDEducation
by Successful_Inv_Strategies
1