NexusFi: Find Your Edge


Home Menu

 





Crude Oil trading


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one JDNeeman with 337 posts (693 thanks)
    2. looks_two sandptrader with 59 posts (45 thanks)
    3. looks_3 hector24 with 9 posts (3 thanks)
    4. looks_4 EugeneN with 8 posts (0 thanks)
      Best Posters
    1. looks_one JDNeeman with 2.1 thanks per post
    2. looks_two trs3042 with 1.3 thanks per post
    3. looks_3 shopster with 0.9 thanks per post
    4. looks_4 sandptrader with 0.8 thanks per post
    1. trending_up 130,114 views
    2. thumb_up 801 thanks given
    3. group 99 followers
    1. forum 528 posts
    2. attach_file 468 attachments




 
Search this Thread

Crude Oil trading

  #41 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012

Today we have the Crude Oil Inventories, and the market seems to be waiting for any excuse on make the money didn't made yesterday...

The Forecast is -1.6 M,

We will wait the Demand number,

If Inventories number comes higher (positive) or Negative but less that forecast,
and the demand number comes higher, price **SHOULD** Rise,

But if the Inventory number comes Lower and demand Lower Price **SHOULD** Fall.

NOTE: This obviously depends on market sentiment and personality, OIL LIKES TO FAKE THE NEWS, So could be an initial move against the main direction.

Greetings.

At the moment price is inside the Value Area Zone, and will check on any move outside this area

Attached Thumbnails
Click image for larger version

Name:	CL 08-12 (10 Range)  05_07_2012 Pre Inventories.jpg
Views:	340
Size:	164.2 KB
ID:	80235  
Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Are there any eval firms that allow you to sink to your …
Traders Hideout
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #42 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012

Since the Crude didn't reacted to the inventory number changed my mind and focused on Russell, and this gave me a trade. +20 Ticks. so i finish the day +55 Ticks Up.

Greetings.

Attached Thumbnails
Click image for larger version

Name:	TF 09-12 (10 Range)  05_07_2012 Last Trade of the day.jpg
Views:	356
Size:	172.1 KB
ID:	80256  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #43 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012


Hello.

I wanted to share this information with you, i really hope helps someone,

Trading with Murrey Math it´s for me: trading with the "all seeing eye"... in combination with momentum this could turn powerful, of course one need to know every level and what happens at this levels, BM has a very good thread on this.

But i just wanted to add my own vision about it..

for me all is about momentum and timing, reading the price action at this levels is what gives me the advantage.

i have attached an image explaining trading the 0/8 and 1/8 levels.

Greetings.

Attached Thumbnails
Click image for larger version

Name:	CL 08-12 (13 Range)  06_07_2012.jpg
Views:	428
Size:	196.8 KB
ID:	80520  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #44 (permalink)
 
Sunil P's Avatar
 Sunil P 
los angeles
 
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 290 since Jan 2012

Thats why alot of traders SIM....lose nothing.

Visit my NexusFi Trade Journal Reply With Quote
  #45 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012

Hello Sunil,

You are totally right, altough i dont get where your comment goes since i trade a live account with AMP clearing and i can show you proof, i think you should ask before to make an statement addressed like this one.


Have a great trading.!!!





Sunil P View Post
Thats why alot of traders SIM....lose nothing.


Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #46 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012

I know Sunday is very slow for trading, and could be volatile, but also there is a lot to learn on Sundays about the personality of this market.. and what i want to learn is if the market respects the important levels or if they arent worth a dime on sundays.

i´m testing the murrey math levels today. and just found a test on the 0/8 level.

let´s see what happens.

Attached Thumbnails
Click image for larger version

Name:	CL 08-12 (10 Range)  7_8_2012.jpg
Views:	339
Size:	220.1 KB
ID:	80591  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #47 (permalink)
 
Sunil P's Avatar
 Sunil P 
los angeles
 
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 290 since Jan 2012


JDNeeman View Post
Hello Sunil,

You are totally right, altough i dont get where your comment goes since i trade a live account with AMP clearing and i can show you proof, i think you should ask before to make an statement addressed like this one.


Have a great trading.!!!

Hi JD,
that was meant for jsn...

Sometimes good to throw a spitter down the plate.

Visit my NexusFi Trade Journal Reply With Quote
  #48 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012

Today i tried to test the market to see if i could be able to trade on Sundays, i just realized that i have to "stay away of trading on Sunday" this for my own good.

i have attached an image explaining my test,

Greetings.

Attached Thumbnails
Click image for larger version

Name:	CL 08-12 (10 Range)  7_8_2012.jpg
Views:	276
Size:	220.1 KB
ID:	80615   Click image for larger version

Name:	CL 08-12 (10 Range)  7_8_2012 NO trading sunday.jpg
Views:	299
Size:	268.8 KB
ID:	80616  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #49 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012

Hello,

i´m testing today how Divergence work between price and the volume oscillator indicator with settings of 13 and 21, so far seems that could work, and since price and volume are related i could say that could result in a good test.

have attached an image showing some opportunities as well a live trade i took for 5 ticks only...later the price fall hard...but ´m testing....


Greetings

Attached Thumbnails
Click image for larger version

Name:	CL 08-12 (10 Range)  7_10_2012 Volume Oscillator.jpg
Views:	346
Size:	260.4 KB
ID:	80793  
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #50 (permalink)
 
JDNeeman's Avatar
 JDNeeman 
El Salvador/Israel
 
Experience: Intermediate
Platform: Ninjatrader 7
Broker: GlobalFutures/AMPClearing
Trading: CL, GC, TF
Posts: 522 since Apr 2012


Hello,

i have some days without scalp the crude, today i decided to remember scalping...

So i have made 5 trades of +5 ticks each. for a daily total of $250.00
i have used the breaker pattern or thunder pattern, this uses swing breaking to trigger buy/sell orders.

Cheers.

Attached Thumbnails
Click image for larger version

Name:	CL 08-12 (5 Range)  10_07_2012 trades for July 10.jpg
Views:	368
Size:	201.8 KB
ID:	80822  
Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on June 18, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts