Crude Oil trading - Trading Journals | futures io social day trading
futures io futures trading


Crude Oil trading
Updated: Views / Replies:73,726 / 526
Created: by JDNeeman Attachments:468

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 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 dont 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
 468  
 
Thread Tools Search this Thread
 

Crude Oil trading

  #311 (permalink)
Elite Member
Valdosta, GA. U.S.A
 
Futures Experience: Advanced
Platform: Sierra ,NT, TOS
Favorite Futures: 6E, 6J, CL, GC
 
Posts: 480 since Sep 2010
Thanks: 1,825 given, 466 received

Excellant

I Love it, i Agree with your Analysis Method 100%.
Great Examples of your Method!
I am also into this type Method.
i like your style as a Trader JD!
You will Achieve Your Goal!

Reply With Quote
 
  #312 (permalink)
Elite Member
Valdosta, GA. U.S.A
 
Futures Experience: Advanced
Platform: Sierra ,NT, TOS
Favorite Futures: 6E, 6J, CL, GC
 
Posts: 480 since Sep 2010
Thanks: 1,825 given, 466 received

Great Method


JDNeeman View Post
Hello,

As many of you may know i have tested about 4 systems to trade the Crude and the ES, and at the end after 2 years of losing money investing in systems that do not add up in any way to my goal that is be a full time trader making and sustain my family i have a winner and i have been fine tuning it in the last two months, so i have a WINNER! and that is a system that i will call JDNeeman Cycles Divergence Trading (CDT Trading for Short) what i have done is to merge in one system (is not new, surely someone else have done this before) the divergence, cycles and Round Numbers trading, why this three?? when you combine this three you have an incomparable edge in the market, when we understand that the market moves in cycles, waves, this cycles create divergences between price and the real intention of the market and you combine this with Round numbers that become levels that the market knows that has to respect or break, you can position yourself accordingly and suck tons of ticks from the market, i arrive to this after some time to real test some strategies that alone do not bring a long time success, i wanted to do this (although i did SIM trading) to know the real emotions that will happen to me, when i play with real money, and now i know exactly how to behave when i see signs of stress in my mind, i learned to be patient, to wait, to understand that the market moves in cycles, maybe i left a wave go but the cycle needs to be closed therefore there will be another chance to get in the wave and take it...

CDT Trading (Cycles Divergence Trading)


Starting today (I know is saturday ) i will ONLY use this strategy for my futures day trading, i will become and expert on it, and i will make my fortune using it.. (i hope this help others to achieve their financial goals too)


How does this CDT thing looks like??

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



Cycles


We all know the market as a living creature has cycles, it obeys the physical laws, "everything that goes up needs to come back down", "a valley needs its peaks", "UP and DOWN" "gravity law", "attraction law"

of course there is a complete course of cycle trading, and is not my intention to talk about it in deep, only to mention that cycles are the very basic, natural and core of market behaviour. when we use this and understand in which cycle we are at, looking at the greater time frame down to the short time frame you can use this to know where is going to close the cycle and which waves you can surf and which not.

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



Divergences

Well one of the most powerful sources of information and clues on where the market is headed comes from the correct usage of Divergences, this occur between the price and usually and indicator that control or chases the price when there is a difference between the price and your chosen indicator being this difference high, %, etc, a divergence is trigger.


Types of divergence.

i will resume this with an image.

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


Here is an actual image of a divergence.

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



Round Numbers


Big Round Numbers, Round Numbers, we all have heard of this, let me tell you that this single data have made me a lot of ticks, knowing where the market could possibly turn, break, slow, is just mind blowing.

we have the big Round Numbers: 00, 20, 50, 80
and the Mid Numbers: 10, 35, 65, 95


The combination of this three and a mechanical process will let me retire soon and live long and prosper

this combination gives an insight on how the market behaves. in PART 2 i will let clear my mechanical process i have came with and some tips.

Hope this helps.
(well it helps me) that is the most important thing!!.

Best Regards.

JD

Great Method

Reply With Quote
The following user says Thank You to sandptrader for this post:
 
  #313 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Crude Oil trading the easy way! PART 2


TRADE SETUP MECHANICS

1. DRAWING ROUND NUMBERS

Manually place horizontal lines for Round Numbers.
(00, 20, 50, 80) dont forget the mid numbers (10, 35, 65, 95, you can draw this levels with a different color, the market also respect this numbers) this will give us our levels to watch, you can also add Floor Pivots lines, First Touch, etc. Remember to draw new lines as prices reaches zones where there is no round number levels drawn. Once we have this levels all our attention will be focused when price reach one of this round numbers and pass to second phase.

2. SPOTING DIVERGENCE
This part is the most important in the process of this strategy, because a bar reading of a divergence can cost you money.

How we spot divergence? first we start looking at the actual price and its location and you start screening backwards, you go from the short swings to the longer or more distant, backwards, now you look for a divergence comparing with the strength indicator (MACDBBLines) same logic.


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


As soon a divergence is spotted we have to move fast, if there is a buying opportunity we want to place our pending order long, 5-10 ticks above the price.

Check out how this trade developed.

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


We knew the level 85.20 would hold, how? Exactly at this level was occurring a divergence favoring long positions. I know that you already saw an immediate divergence for a possible short trade do you see it? Lower high (Price) and Higher High (Indicator) = Short. And this one also worked perfectly.
You could do this all day long and once you manage this strategy you come to the market sure that will take your money for the day.

3. TIPS AND CONSIDERATIONS


The correct usage of the MACDBBLines indicator will give you and unprecedented edge in the market.

This tool will let you know if the market will hold any level, pivot, Fib level, etc.
How? Let`s review it:

a. If MACDBBLines is not able to cross the 0 level after a run up or down this means movement will continue with the original trend direction. And an opportunity could be developing.

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


Price is in a down trend it retraces to test a Round number level but it was rejected.

b. MACDBBLines indicator crosses the 0 level.

When you see this level violently broken a change in the main trend is imminent and a reverse market could be positioning.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Market wanted to test new lows but first brought the price is higher is he could for later let the price fall taking a good amount of stops in the process and this traders been forced to close out their position put some extra gasoline to the fall it was a fall of about 160 ticks.

What about Stops and Targets?

Well I normally would say you are the trader you manage your trade, but I`ll let you know how I do it, I use a 15 20 tick stop loss protection, and my targets usually are round numbers depending on how strong I see the market. If I just wanted to close out my day faster I close my trades with 20-30 ticks.

Hope this helps.

JDNeeman-

if someone wants the PDF is also available for download.

J Dennis Neeman.
Learning..always learning...
Attached Thumbnails
Crude Oil trading-trade-setup-mechanics.pdf  
Reply With Quote
The following 12 users say Thank You to JDNeeman for this post:
 
  #314 (permalink)
Elite Member
chicago
 
Futures Experience: Beginner
Platform: ninja trader
Favorite Futures: oil
 
Posts: 82 since Oct 2012
Thanks: 46 given, 15 received

Thank you and very interesting

Hi JD,

I'm fairly new to CL trading and want to thank you for taking the time to review your info with everyone. I think I could get a much better understanding of your method if you could/would share the details on the various indicators (like in screen 93949) and how to set all of them up.

Appreciate your time and help.

Thanks

Reply With Quote
 
  #315 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Crude Oil Trading for November 5th

Hello, All,

I just missed a great trade here...a divergence after market open.

but im watching carefully this move..

please check image.

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



Regards

JD

J Dennis Neeman.
Learning..always learning...
Reply With Quote
The following 2 users say Thank You to JDNeeman for this post:
 
  #316 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Crude Oil Trading for Oct 6th

Hello, well i ended with this trades today...amazing rally.-...

Cheers.

JD

J Dennis Neeman.
Learning..always learning...
Attached Thumbnails
Crude Oil trading-cl-12-12-6-range-06_11_2012.jpg   Crude Oil trading-cl-12-12-10-range-06_11_2012.jpg  
Reply With Quote
The following 2 users say Thank You to JDNeeman for this post:
 
  #317 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Crude Oil Divergence

Its been a busy day, but i wanted to share with you this chart.

CHeers.


JD

J Dennis Neeman.
Learning..always learning...
Attached Thumbnails
Crude Oil trading-cl-12-12-10-range-06_11_2012-divergence.jpg  
Reply With Quote
The following 2 users say Thank You to JDNeeman for this post:
 
  #318 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Crude Oil Trading for Nov 7th

Hello all,

Well ive made some trades today, i was trying to trade some divergences, but forgot the market is one side now...
ended with +15 ticks.

CHeers.

J Dennis Neeman.
Learning..always learning...
Attached Thumbnails
Crude Oil trading-cl-12-12-6-range-07_11_2012.jpg  
Reply With Quote
The following 2 users say Thank You to JDNeeman for this post:
 
  #319 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Back to the game after a busy week

Hello all,


I have been really busy this past week that i wasn't able to trade as i normally do, today i took a chance to make a trade, i just made 10 ticks, i will wait for market close to see if the is other opportunity to trade, today is Veterans day, and that makes the market slow since there is bank holiday, anyway im back...this week looks to be a really moving week, rolling contract, market volatility, mid month, etc, look at the image were we at in the daily chart.-

Best Regards.

JD-

J Dennis Neeman.
Learning..always learning...
Attached Thumbnails
Crude Oil trading-cl-12-12-3-range-12_11_2012.jpg   Crude Oil trading-cl-12-12-daily-11_07_2012-12_11_2012.jpg  
Reply With Quote
The following 2 users say Thank You to JDNeeman for this post:
 
  #320 (permalink)
 Vendor 
El Salvador/Israel
 
Futures Experience: Intermediate
Platform: Ninjatrader 7
Broker/Data: GlobalFutures/AMPClearing
Favorite Futures: CL, GC, TF
 
JDNeeman's Avatar
 
Posts: 748 since Apr 2012
Thanks: 595 given, 3,023 received

Crude Oil Trading for Nov 12


Hello, i just closed my second trade of the day, i have targeted 10 ticks today due to market slowdown...but the market has been good with us today, i closed another trade for 10 ticks making the overall day profit 20 ticks so far.

i can see an interest to move the price at the end of the session day.

but will see at the time.


cheers.



JD

J Dennis Neeman.
Learning..always learning...
Attached Thumbnails
Crude Oil trading-cl-12-12-3-range-12_11_2012-2nd-trade.jpg   Crude Oil trading-2nd-trade.jpg  
Reply With Quote
The following 2 users say Thank You to JDNeeman for this post:

Reply



futures io > > > Crude Oil trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading CL (Crude Oil futures) #2 Big Mike Commodities Futures Trading 95 March 18th, 2015 08:13 PM
A Corporate Slave's Quest for Freedom: Trading Crude Oil Futures with Price Action Futures Operator Trading Journals 8 April 11th, 2012 09:13 PM
Zoki's Crude Oil Price Action Trading Journal zokirb Elite Trading Journals 14 February 12th, 2012 09:12 AM
Skype Crude Oil Only Trading Room incometrade Commodities Futures Trading 18 January 31st, 2012 06:01 PM
Trading CL (Crude Oil Futures) tzachi Traders Hideout 145 September 4th, 2009 11:57 PM


All times are GMT -4. The time now is 12:57 PM.

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 2017-12-18 in 0.18 seconds with 20 queries on phoenix via your IP 54.196.201.241