The Crude Dude Oil Trading System - Commodities Futures Trading | futures io social day trading
futures io futures trading


The Crude Dude Oil Trading System
Updated: Views / Replies:123,349 / 867
Created: by lancelottrader Attachments:177

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 177  
 
Thread Tools Search this Thread
 

The Crude Dude Oil Trading System

  #591 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


Srq1 View Post
I thought you trade TF, read it in one of your post, while back, .
Are you re-training yourself on it.
Are you using same system.
How did you do before when you trade it.
Thanks for taken the time to respond
Srq1

Yes, at the beginning of this thread...which was several years ago...I was trading TF. I got mixed results and ended up focusing 100% on Crude Oil.
So a few months back, I started looking at TF again. I have taken some live trades on it...but since it moves differently than Cl, I am mostly on SIM untill I have some positive statistics for several months on it. I have been doing pretty well so far..and there are days when it provides better trades than CL (if Cl is choppy or like today.)

Failure is not an option
Reply With Quote
 
  #592 (permalink)
Elite Member
Sarasota, Fla
 
Futures Experience: Beginner
Platform: Ninja Trader ,Tos
Favorite Futures: NQ YM ES
 
Posts: 43 since Mar 2012
Thanks: 177 given, 15 received

TF trading

Lancelottrader thanks for the quick reply,will be reading your post and watching videos ,lots to learn.like the system.

Reply With Quote
The following user says Thank You to Srq1 for this post:
 
  #593 (permalink)
 R.I.P. 1969-2016 
montreal quebec/canada
 
Futures Experience: Beginner
Platform: CQG/NT7
Broker/Data: IB/AMP/CQG
Favorite Futures: CL
 
Okina's Avatar
 
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,393 received



lancelottrader View Post
Anyhow..for me..this was a day to basically stay out. This is what I refer to when I mention unfavorable market conditions. These are also the days that provide those statistics you read about in the threads that claim price action setups and patterns don't work.
You have to determine, early on, that this is not the type of day to keep taking entries or you will probably end up losing lots of trades.

You're right it was a terrible day. I trade like you on 3 range bars and the only clear signal that my system gave me for the day was a trade around 8AM between 37.26 to 36.93 after that it was only noise for me. Each time I had a pre-trade setup the following bars was a NO TRADE with a big stay away warning.This is the first time that I see a time chart much clear than a range chart. I had signals on a 1 min but I don't trade time chart.

I'm curious to know if you have a way to know that the market will be like in advance or if like you just wait and see (and stay away...) ?

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

R.I.P. Olivier Terrier (aka "Okina"), 1969-2016.
Please visit this thread for more information.
Reply With Quote
The following user says Thank You to Okina for this post:
 
  #594 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

First trade of the day for 17 ticks.

Failure is not an option
Attached Thumbnails
The Crude Dude Oil Trading System-cl-12-11-15.png  
Reply With Quote
The following 2 users say Thank You to lancelottrader for this post:
 
  #595 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

10 tick winner on Cl and 10 tick Sim TF scalp

Failure is not an option
Attached Thumbnails
The Crude Dude Oil Trading System-cl-12-11-15-2.png   The Crude Dude Oil Trading System-tf-12-11-15-1.png  
Reply With Quote
The following 3 users say Thank You to lancelottrader for this post:
 
  #596 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Another 10 tick TF winner.

Failure is not an option
Attached Thumbnails
The Crude Dude Oil Trading System-tf-12-11-15-v2.png  
Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
  #597 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Two more cl trades..1st one I scratched for + 0...
2nd one got 10 ticks...up about 37 ticks now.

Failure is not an option
Attached Thumbnails
The Crude Dude Oil Trading System-cl-12-11-15-v3.png  
Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
  #598 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


Okina View Post
You're right it was a terrible day. I trade like you on 3 range bars and the only clear signal that my system gave me for the day was a trade around 8AM between 37.26 to 36.93 after that it was only noise for me. Each time I had a pre-trade setup the following bars was a NO TRADE with a big stay away warning.This is the first time that I see a time chart much clear than a range chart. I had signals on a 1 min but I don't trade time chart.

I'm curious to know if you have a way to know that the market will be like in advance or if like you just wait and see (and stay away...) ?

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Hi..I like your chart setup. To answer your question, I have a basic plan before the 9 am session open..but I often can't tell what the market conditions are like until maybe 15 to 20 minutes have gone by. If I see that I don't like the way price is moving, I will stay out until an extreme high or low price level is reached...or if I see some strong volume coming in.

Failure is not an option
Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
  #599 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received

Two more.. 1. Went long at 36.10..but it lost 10 ticks. 2. Went short at 35.99 and won 10 back.

Failure is not an option
Attached Thumbnails
The Crude Dude Oil Trading System-cl-12-11-15-v4.png  
Reply With Quote
The following 3 users say Thank You to lancelottrader for this post:
 
  #600 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 718 since Oct 2011
Thanks: 623 given, 2,434 received


Decided to stop at 37 ticks up on day. This was my best week of Cl trading yet.

Failure is not an option
Reply With Quote
The following 7 users say Thank You to lancelottrader for this post:

Reply



futures io > > > > The Crude Dude Oil Trading System

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Crude Oil trading JDNeeman Trading Journals 526 November 24th, 2016 07:12 PM
Gettin' Serious - Crude Oil Trading tgibbs Elite Trading Journals 19 November 24th, 2014 09:18 AM
Trading Journal - Day Trading Crude Oil with Fibs & S/R greg9 Trading Journals 83 September 5th, 2013 03:48 PM
Crude Oil (CL) Trading by goldenriver goldenriver Elite Trading Journals 52 March 12th, 2013 03:32 PM
123 Profitable Crude Oil trading JDNeeman Trading Journals 7 September 6th, 2012 07:06 PM


All times are GMT -4. The time now is 12:44 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-07-24 in 0.11 seconds with 20 queries on phoenix via your IP 54.198.104.234