Page 1 of 2

US Oil

Posted: Wed Apr 24, 2019 6:36 am
by oldmate
Push higher for US Oil until we hit daily supply zone. This will be the first time I'll keep my eye out for shorts. If it breaks the top of this zone then looking for move higher.

Image

Re: US Oil

Posted: Wed Apr 24, 2019 6:38 am
by oldmate
Image

Re: US Oil

Posted: Wed Apr 24, 2019 7:43 am
by vlad
oldmate wrote:
Wed Apr 24, 2019 6:36 am
Push higher for US Oil until we hit daily supply zone. This will be the first time I'll keep my eye out for shorts. If it breaks the top of this zone then looking for move higher.

Image
good chart; Anil margin traders are shorting oil from bottom

Re: US Oil

Posted: Wed Apr 24, 2019 7:51 am
by vlad
4h with count

Re: US Oil

Posted: Fri Apr 26, 2019 9:33 am
by vlad
vlad wrote:
Wed Apr 24, 2019 7:51 am
4h with count
i am keeping an eye on the 4th wave; if the count is correct then we may have 1 more up

Re: US Oil

Posted: Fri Apr 26, 2019 11:59 am
by oldmate
My apologies guys, I actually had my daily supply zone drawn incorrectly. We're in the move down now, which is quite clear.
Pull back then down into the first daily demand zone as first target, I think this will drop much lower.

Re: US Oil

Posted: Sun Apr 28, 2019 2:31 am
by vlad
oldmate wrote:
Fri Apr 26, 2019 11:59 am
My apologies guys, I actually had my daily supply zone drawn incorrectly. We're in the move down now, which is quite clear.
Pull back then down into the first daily demand zone as first target, I think this will drop much lower.
this looks good; looking for sells only

Re: US Oil

Posted: Wed May 01, 2019 2:58 am
by vlad
4th wave ?

Re: US Oil

Posted: Wed May 01, 2019 10:35 am
by oldmate
I'm looking for downside still. We got a reaction from the daily supply zone, we have made a lower low breaking previous consolidation up, and we have a lower high. I've got a limit order from the 4hr supply zone (blue box) with a tight SL. TP daily demand zone.

https://www.tradingview.com/x/iVLSmWzy/

Re: US Oil

Posted: Wed May 01, 2019 2:56 pm
by vlad
oldmate wrote:
Wed May 01, 2019 10:35 am
I'm looking for downside still. We got a reaction from the daily supply zone, we have made a lower low breaking previous consolidation up, and we have a lower high. I've got a limit order from the 4hr supply zone (blue box) with a tight SL. TP daily demand zone.

https://www.tradingview.com/x/iVLSmWzy/
how do u calculate daily supply and demand zones?

Re: US Oil

Posted: Sun May 05, 2019 3:43 pm
by MRTRUMP
vlad wrote:
Wed May 01, 2019 2:58 am
4th wave ?
I think much lower.
Screenshot 2019-05-05 at 9.13.06 PM.png
Screenshot 2019-05-05 at 9.13.06 PM.png (60.69KiB)Viewed 6215529 times

Re: US Oil

Posted: Sun May 05, 2019 11:01 pm
by emene
vlad wrote:
Wed May 01, 2019 2:58 am
4th wave ?
You've got your equal leg correction right here.

https://gyazo.com/a86849fe5a69c5b90ad420ffcf354a02

Re: US Oil

Posted: Mon May 06, 2019 10:04 am
by vlad
one more up now for the 5th? or continue ze dump?

Re: US Oil

Posted: Mon May 06, 2019 10:12 am
by oldmate
No longs for me

Re: US Oil

Posted: Mon May 06, 2019 9:40 pm
by emene
emene wrote:
Sun May 05, 2019 11:01 pm
vlad wrote:
Wed May 01, 2019 2:58 am
4th wave ?
You've got your equal leg correction right here.

https://gyazo.com/a86849fe5a69c5b90ad420ffcf354a02
Now, that was not too bas, was it? ;)

https://i.gyazo.com/b5f8fb69a338b08f792 ... 5abb12.png

Re: US Oil

Posted: Tue May 07, 2019 2:23 am
by Benz
There is good divergence on 4 hr and 1 hr on RSI for start of up move (wave 5). Lets see if it breaks the channel for up side.

Re: US Oil

Posted: Wed May 08, 2019 5:49 am
by vlad
i think USOIL has ended the wave cycle; its down now for sure i think

Re: US Oil

Posted: Sat May 11, 2019 10:04 am
by Oxygen
One more wave up...before big correction...?!

Re: US Oil

Posted: Tue May 14, 2019 11:32 pm
by vlad
Oxygen wrote:
Sat May 11, 2019 10:04 am
One more wave up...before big correction...?!
selling oil to 56 or 52

Re: US Oil

Posted: Tue May 21, 2019 1:59 pm
by Oxygen
A Tiny head & shoulder...pattern, though I'm more based upside...!, this pattern often plays out well...!

Re: US Oil

Posted: Thu May 23, 2019 6:19 pm
by vlad
Oxygen wrote:
Tue May 21, 2019 1:59 pm
A Tiny head & shoulder...pattern, though I'm more based upside...!, this pattern often plays out well...!
it dumped good today; vlad took profit on his short

waiting for next move now

Re: US Oil

Posted: Fri May 24, 2019 12:27 pm
by oldmate
Yep, good profits here. Smaller push down to come, which won't be good enough RR for my strategy, so will wait to see what happens here.

Expecting push lower into weekly demand where I'll be looking for signs of reversal.

https://www.tradingview.com/x/mG9ssKsT/

Re: US Oil

Posted: Sat May 25, 2019 4:25 am
by drake36
I am testing a new way to calculate % resistance (price) and Gann angles (time) to find areas for potential buy/sell opportunities.
For the % point of view I am already found many interesting levels in different items (see the Silver for example in this forum).
For the angles point of view my experience is still too limited because my method is not stable yet.
Anyway I want to share with you this chart where price and time should go together.
Next days 27-29 of may we could have the oil price at 55.07-55.18 touching the angles 3x36 that it is the result of my forecast and the 17.142% also the result of my % pattern.
Maybe yes. Maybe no. I will watch that level very carefully for a long entry and find a weakness in the bear trend.
Untitled.png
Untitled.png (52.48KiB)Viewed 6215608 times

Re: US Oil

Posted: Fri May 31, 2019 3:00 am
by Oxygen
Anticipating a correction from this level; then may be one more down move...!!!

Re: US Oil

Posted: Sun Jun 02, 2019 12:04 pm
by oldmate
oldmate wrote:
Mon May 06, 2019 10:12 am
No longs for me
Shorts have been paying nicely, will be looking for this setup this week on the daily



Image

Re: US Oil

Posted: Sun Jun 02, 2019 12:44 pm
by vlad
oldmate wrote:
Sun Jun 02, 2019 12:04 pm
oldmate wrote:
Mon May 06, 2019 10:12 am
No longs for me
Shorts have been paying nicely, will be looking for this setup this week on the daily



Image
i want to discuss something with you

i have been noticing gold and oil inversely correlated for quite some time...

is that a thing?

whts your opinion?

Re: US Oil

Posted: Mon Jun 03, 2019 9:01 am
by oldmate
I'm not aware of it.

Re: US Oil

Posted: Mon Jun 17, 2019 3:17 am
by Oxygen
US Oil looks bullish to me, I will not short (As Gulf of Oman fuming)
Let's see.

Re: US Oil

Posted: Wed Jun 19, 2019 2:00 am
by Oxygen
Looking for a minimum, of 38 % retracement of down move...!

Re: US Oil

Posted: Wed Jun 19, 2019 10:11 am
by fxMarshal
looks grate

Re: US Oil

Posted: Mon Jun 24, 2019 3:12 am
by Oxygen
Sixty seems an achievable target ....!

Re: US Oil

Posted: Sun Jun 30, 2019 6:10 pm
by niclas
My expectation for this week ;)
USOIL.png
USOIL.png (48.93KiB)Viewed 6215408 times

Re: US Oil

Posted: Mon Jul 01, 2019 6:53 am
by niclas
niclas wrote:
Sun Jun 30, 2019 6:10 pm
My expectation for this week ;)
USOIL.png
Invalidated ;)

Re: US Oil

Posted: Thu Aug 29, 2019 4:46 am
by Oxygen
US Oil any guess ?! ..... not moving fast enough...?!

Re: US Oil

Posted: Sat Aug 31, 2019 4:36 am
by vlad
Selling to the support

Re: US Oil

Posted: Thu Sep 05, 2019 4:25 am
by Oxygen
May be a deep pull back and extended 5 th...?!

Re: US Oil

Posted: Sun Sep 08, 2019 1:48 am
by vlad
Oxygen wrote:
Thu Sep 05, 2019 4:25 am
May be a deep pull back and extended 5 th...?!
yes USOIL looks upside

Re: US Oil

Posted: Wed Sep 11, 2019 11:15 am
by Oxygen
Started incremental selling of USOIL...!

Re: US Oil

Posted: Wed Sep 11, 2019 11:16 am
by Oxygen
Started incremental selling of USOIL...!

Re: US Oil

Posted: Thu Sep 12, 2019 11:30 am
by Oxygen
Time to reverse...or wait till 50++ ?!

Re: US Oil

Posted: Fri Sep 13, 2019 8:13 am
by Oxygen
CL a possibility....?!

Re: US Oil

Posted: Sun Sep 15, 2019 6:43 am
by Oxygen
Game format may be changed...!

Re: US Oil

Posted: Sun Sep 15, 2019 2:10 pm
by Oxygen
Major -minor all pointing upward...right..?!
Placed after/before market entry orders, Gambling mode on, with a limited risk.

Re: US Oil

Posted: Sun Sep 15, 2019 2:32 pm
by Oxygen
Unable to join crude party, may be there is another wise option, that's join CADJPY ...!

Re: US Oil

Posted: Tue Sep 17, 2019 3:04 am
by Oxygen
A wild guess .... Saudis don't want war...

Re: US Oil

Posted: Thu Sep 19, 2019 3:42 am
by Oxygen
Looks like guys [ aka Boys'] wish to appreciate peace, rather war....!

Re: US Oil

Posted: Thu Sep 19, 2019 10:17 am
by Oxygen
Display of residue of ash-burn drones & projectiles changed my bias....!
May be main theme is in play, now staying flat for rest of the week...!

Re: US Oil

Posted: Sun Sep 29, 2019 11:06 am
by Oxygen
They say gaps are there to be filled...!
(so trapped while gaped up, if bag' allows, hang on...!)

Re: US Oil

Posted: Thu Oct 03, 2019 5:27 am
by Oxygen
Looks like something brewing to spill....
Alternative view of CL pathways...

Re: US Oil

Posted: Sun Oct 06, 2019 2:37 pm
by Oxygen
Let's see if Cl comes lover and touch weekly trend line...?!

Re: US Oil

Posted: Wed Oct 23, 2019 9:43 am
by Oxygen
Crude oil, playing elusive dance...!

Re: US Oil

Posted: Mon Nov 18, 2019 2:43 am
by Oxygen
Optimism....Earth has no future without tapping renewable fuels...!
Is Aramco IPO is good for oil bulls ?!

Re: US Oil

Posted: Thu Nov 21, 2019 3:24 am
by Oxygen
USOil, price may be moving to 61-63 range, it will be clear once price breaks below (or above ~$57.82) ~ $54.83, a month and half long confusion will be over...

Re: US Oil

Posted: Thu Dec 05, 2019 2:17 am
by Oxygen
IF CL #F plays this typical forecasting 'textbook' pattern..

Re: US Oil

Posted: Sun Dec 15, 2019 1:12 pm
by Oxygen
Some sort of decision is already made...?!
beware