US Oil

oldmate · Post by **oldmate** » 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.

oldmate · Post by **oldmate** » Wed Apr 24, 2019 6:38 am

Image

Post by **vlad** » Wed Apr 24, 2019 7:43 am

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

Post by **vlad** » Wed Apr 24, 2019 7:51 am

4h with count

Post by **vlad** » Fri Apr 26, 2019 9:33 am

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

oldmate · Post by **oldmate** » 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.

Post by **vlad** » Sun Apr 28, 2019 2:31 am

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

Post by **vlad** » Wed May 01, 2019 2:58 am

4th wave ?

oldmate · Post by **oldmate** » 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/

Post by **vlad** » Wed May 01, 2019 2:56 pm

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?

MRTRUMP · Post by **MRTRUMP** » Sun May 05, 2019 3:43 pm

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 4939182 times

emene · Post by **emene** » 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

Post by **vlad** » Mon May 06, 2019 10:04 am

one more up now for the 5th? or continue ze dump?

oldmate · Post by **oldmate** » Mon May 06, 2019 10:12 am

No longs for me

emene · Post by **emene** » Mon May 06, 2019 9:40 pm

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

Benz · Post by **Benz** » Tue May 07, 2019 2:23 am

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.

Post by **vlad** » Wed May 08, 2019 5:49 am

i think USOIL has ended the wave cycle; its down now for sure i think

Oxygen · Post by **Oxygen** » Sat May 11, 2019 10:04 am

One more wave up...before big correction...?!

Post by **vlad** » Tue May 14, 2019 11:32 pm

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

selling oil to 56 or 52

Oxygen · Post by **Oxygen** » Tue May 21, 2019 1:59 pm

A Tiny head & shoulder...pattern, though I'm more based upside...!, this pattern often plays out well...!

Post by **vlad** » Thu May 23, 2019 6:19 pm

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

oldmate · Post by **oldmate** » Fri May 24, 2019 12:27 pm

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/

drake36 · Post by **drake36** » Sat May 25, 2019 4:25 am

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 4939261 times

Oxygen · Post by **Oxygen** » Fri May 31, 2019 3:00 am

Anticipating a correction from this level; then may be one more down move...!!!

oldmate · Post by **oldmate** » 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

Post by **vlad** » Sun Jun 02, 2019 12:44 pm

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?

oldmate · Post by **oldmate** » Mon Jun 03, 2019 9:01 am

I'm not aware of it.

Oxygen · Post by **Oxygen** » Mon Jun 17, 2019 3:17 am

US Oil looks bullish to me, I will not short (As Gulf of Oman fuming)
Let's see.

Oxygen · Post by **Oxygen** » Wed Jun 19, 2019 2:00 am

Looking for a minimum, of 38 % retracement of down move...!

fxMarshal · Post by **fxMarshal** » Wed Jun 19, 2019 10:11 am

looks grate

Oxygen · Post by **Oxygen** » Mon Jun 24, 2019 3:12 am

Sixty seems an achievable target ....!

niclas · Post by **niclas** » Sun Jun 30, 2019 6:10 pm

My expectation for this week

: USOIL.png (48.93KiB)Viewed 4939061 times

niclas · Post by **niclas** » Mon Jul 01, 2019 6:53 am

niclas wrote: ↑
Sun Jun 30, 2019 6:10 pm
My expectation for this week
USOIL.png

Invalidated

Oxygen · Post by **Oxygen** » Thu Aug 29, 2019 4:46 am

US Oil any guess ?! ..... not moving fast enough...?!

Post by **vlad** » Sat Aug 31, 2019 4:36 am

Selling to the support

Oxygen · Post by **Oxygen** » Thu Sep 05, 2019 4:25 am

May be a deep pull back and extended 5 th...?!

Post by **vlad** » Sun Sep 08, 2019 1:48 am

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

yes USOIL looks upside

Oxygen · Post by **Oxygen** » Wed Sep 11, 2019 11:15 am

Started incremental selling of USOIL...!

Oxygen · Post by **Oxygen** » Wed Sep 11, 2019 11:16 am

Started incremental selling of USOIL...!

Oxygen · Post by **Oxygen** » Thu Sep 12, 2019 11:30 am

Time to reverse...or wait till 50++ ?!

Oxygen · Post by **Oxygen** » Fri Sep 13, 2019 8:13 am

CL a possibility....?!

Oxygen · Post by **Oxygen** » Sun Sep 15, 2019 6:43 am

Game format may be changed...!

Oxygen · Post by **Oxygen** » Sun Sep 15, 2019 2:10 pm

Major -minor all pointing upward...right..?!
Placed after/before market entry orders, Gambling mode on, with a limited risk.

Oxygen · Post by **Oxygen** » Sun Sep 15, 2019 2:32 pm

Unable to join crude party, may be there is another wise option, that's join CADJPY ...!

Oxygen · Post by **Oxygen** » Tue Sep 17, 2019 3:04 am

A wild guess .... Saudis don't want war...

Oxygen · Post by **Oxygen** » Thu Sep 19, 2019 3:42 am

Looks like guys [ aka Boys'] wish to appreciate peace, rather war....!

Oxygen · Post by **Oxygen** » Thu Sep 19, 2019 10:17 am

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...!

Oxygen · Post by **Oxygen** » Sun Sep 29, 2019 11:06 am

They say gaps are there to be filled...!
(so trapped while gaped up, if bag' allows, hang on...!)

Oxygen · Post by **Oxygen** » Thu Oct 03, 2019 5:27 am

Looks like something brewing to spill....
Alternative view of CL pathways...

Oxygen · Post by **Oxygen** » Sun Oct 06, 2019 2:37 pm

Let's see if Cl comes lover and touch weekly trend line...?!

Oxygen · Post by **Oxygen** » Wed Oct 23, 2019 9:43 am

Crude oil, playing elusive dance...!

Oxygen · Post by **Oxygen** » Mon Nov 18, 2019 2:43 am

Optimism....Earth has no future without tapping renewable fuels...!
Is Aramco IPO is good for oil bulls ?!

Oxygen · Post by **Oxygen** » Thu Nov 21, 2019 3:24 am

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...

Oxygen · Post by **Oxygen** » Thu Dec 05, 2019 2:17 am

IF CL #F plays this typical forecasting 'textbook' pattern..

Oxygen · Post by **Oxygen** » Sun Dec 15, 2019 1:12 pm

Some sort of decision is already made...?!
beware