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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.

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.
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 (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
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 (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

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
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 (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