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


The Crude Dude Oil Trading System
Started: by lancelottrader Views / Replies:114,975 / 861
Last Reply: Attachments:177

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Reply
 177  
 
Thread Tools Search this Thread
 

The Crude Dude Oil Trading System

  #71 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 713 since Oct 2011
Thanks: 619 given, 2,384 received


goldfish View Post
Lance,

I watched all of your charts and videos, this is the best video, please keep them coming.

Thanks

Thank you for your nice comment. I think I will make a few more.

Failure is not an option
Reply With Quote
 
  #72 (permalink)
Elite Member
houston
 
Futures Experience: Intermediate
Platform: nt
 
Posts: 407 since Sep 2010
Thanks: 266 given, 269 received

Yes. Lance, more videos!

Thanks!

Reply With Quote
The following user says Thank You to HighRise1202 for this post:
 
  #73 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 713 since Oct 2011
Thanks: 619 given, 2,384 received

New toy !


From today's session:


Failure is not an option
Reply With Quote
The following 8 users say Thank You to lancelottrader for this post:
 
  #74 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 713 since Oct 2011
Thanks: 619 given, 2,384 received

Time and Sales window gave big clues today

Lot's of strength in CL again today. I wish I had stayed in the big 9:45 am est 150+ tick move...It stayed in my Black spine the whole way. My time and sales told me there was a lot of big orders coming in. I have it set to show orders only over 10 contracts and I saw big one's coming in for most of this morning. That should have given me the clue to stay in the moves longer. I still had a great day, but it could have been phenomenal.

Failure is not an option

Last edited by lancelottrader; October 10th, 2012 at 12:07 PM. Reason: Small error
Reply With Quote
The following user says Thank You to lancelottrader for this post:
 
  #75 (permalink)
Elite Member
Dallas, TX
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: 6E, TF, Stocks
 
Posts: 25 since Feb 2012
Thanks: 23 given, 9 received

Futures Edge on FIO

lancelottrader View Post
From today's session:


lancelottrader,

Thank you for this great video and the trading tips on CL and TF.
Good to see you trading TF again besides CL

Reply With Quote
The following user says Thank You to goldfish for this post:
 
  #76 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 713 since Oct 2011
Thanks: 619 given, 2,384 received


goldfish View Post
lancelottrader,

Thank you for this great video and the trading tips on CL and TF.
Good to see you trading TF again besides CL

Thanks. I think I get better results now ..watching a couple of instruments. When I just watch oil, I can get tempted into a lot of choppy, spiky moves on those days where the price action is chaotic. Some days TF makes some nice moves. So when I watch them, I pick for any particular moment which one is making a strong surging move..and jump into that. That way I'm only taking the absolute best trades in terms of momentum, speed and strength. Then it's a matter of adjusting how tight or loose my trail is.

Failure is not an option
Reply With Quote
 
  #77 (permalink)
Elite Member
west palm beach florida usa
 
Futures Experience: Advanced
Platform: ninja trader
Broker/Data: Optimus Futures/ Rithmic
Favorite Futures: Cl, TF
 
Posts: 713 since Oct 2011
Thanks: 619 given, 2,384 received

Summary of today's trades.


Failure is not an option
Reply With Quote
The following 5 users say Thank You to lancelottrader for this post:
 
  #78 (permalink)
Trading for Fun
danville ca usa
 
Futures Experience: Advanced
Platform: tradestation
Favorite Futures: currency and index futures, grains, bonds, oil, gas, metals
 
Posts: 51 since Mar 2012
Thanks: 6 given, 41 received


lancelottrader View Post
Thanks. I think I get better results now ..watching a couple of instruments. When I just watch oil, I can get tempted into a lot of choppy, spiky moves on those days where the price action is chaotic. Some days TF makes some nice moves. So when I watch them, I pick for any particular moment which one is making a strong surging move..and jump into that. That way I'm only taking the absolute best trades in terms of momentum, speed and strength. Then it's a matter of adjusting how tight or loose my trail is.

Lancelotttrader: I trade several different futures including currencies, indexes, crude and natural gas. This process is not for everyone, but I have found watching several different groups of symbols, allows me to pick/choose which symbol's price action matches my trading style at any given time. Currencies moved better during the summer and lately indexes are trending more... and of course crude and natural gas seem to run to their own beat.

cheers

toucan

Reply With Quote
The following 3 users say Thank You to toucan94506 for this post:
 
  #79 (permalink)
 Vendor: www.thestrategylab.com 
Quebec, Canada
 
Futures Experience: Advanced
Platform: X-Trader, InfinityAT, Saxotrader
Favorite Futures: Emini ES, Emini TF, Crude CL, Eurex DAX, EuroFX 6E, Forex EurUsd and Hang Seng HSI
 
Posts: 32 since Mar 2011
Thanks: 39 given, 36 received


toucan94506 View Post
Lancelotttrader: I trade several different futures including currencies, indexes, crude and natural gas. This process is not for everyone, but I have found watching several different groups of symbols, allows me to pick/choose which symbol's price action matches my trading style at any given time. Currencies moved better during the summer and lately indexes are trending more... and of course crude and natural gas seem to run to their own beat.

cheers

toucan

I myself have recently converted back to this type of trading tactic to adapt to the low volatility trading conditions in Emini TF futures. Just need some extra monitors or bigger monitors. Simply, instead of just concentrating on Emini TF futures...I now trade Oil CL futures, EuroFX 6E futures during periods when Emini TF usually doesn't produce trade opportunities.

A little extra work but worth it by the end of day. Trading different trading instruments also has the benefit of helping with that "market context" and seeing the "big picture" that we sometimes get confused about when we get too focus on one type of price action.

Never get married to a specific trading instrument when there are better trade opportunities elsewhere because to goal is to be profitable.

Reply With Quote
The following 2 users say Thank You to wrbtrader for this post:
 
  #80 (permalink)
Trading for Fun
danville ca usa
 
Futures Experience: Advanced
Platform: tradestation
Favorite Futures: currency and index futures, grains, bonds, oil, gas, metals
 
Posts: 51 since Mar 2012
Thanks: 6 given, 41 received



wrbtrader View Post
I myself have recently converted back to this type of trading tactic to adapt to the low volatility trading conditions in Emini TF futures. Just need some extra monitors or bigger monitors. Simply, instead of just concentrating on Emini TF futures...I now trade Oil CL futures, EuroFX 6E futures during periods when Emini TF usually doesn't produce trade opportunities.

A little extra work but worth it by the end of day. Trading different trading instruments also has the benefit of helping with that "market context" and seeing the "big picture" that we sometimes get confused about when we get too focus on one type of price action.

Never get married to a specific trading instrument when there are better trade opportunities elsewhere because to goal is to be profitable.

wrbtrader.... couldn't agree more on the market context and big picture. It also prolongs the "sweet spot" part of the trading day for each group. For example, I tend to trade currency futures the first 2 hours after the futures open, then trade index futuress for 1-2 hours after the stock market open.... and as always trade crude/natural gas whenever they move.

cheers

toucan

Reply With Quote
The following user says Thank You to toucan94506 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)
 

Mastering Trading Pysychology w/Brett Steenbarger & Trading Technologies

Elite only

Spring Grains Outlook w/Sean Lusk @ Walsh Trading

Elite only

FIO Video Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

April

Process above all else w/Anthony Crudele @ Futures Radio Show

Elite only

Machine Learning - Quantitative Trading w/Martin Froehler @ Quantiacs

Elite only

Ask Me Anything w/Patrick Rooney @ Trading Technologies

Apr 18

Ask Me Anything w/FuturesTrader71

Apr 19

Machine Learning w/Kris Longmore

Elite only

Market Analysis w/Dave Forss

Apr 25

Introducing iSystems with Stage 5 Trading

Apr 27
     

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 04:30 AM.

no new posts
Page generated 2017-03-23 in 0.09 seconds with 19 queries on phoenix via your IP 54.204.83.136