CHARTING OIL & OTHER MARKETS

 

“Something for everybody … how do you map movement of price”?

The NADEX trading platform trades derivatives, where on each specific 

product’s underlying indicative futures market you can pull up a real time 

futures chart … these aren’t the easiest charts to work with, though, but 

they’re free, and you don’t have to pay ridiculous CME data feed fees. 

However, sometimes you have no choice, for instance on Soybeans, Copper, or 

Nat Gas, where your current offshore brokerage house doesn’t list these CFD 

markets for trading [cough, Turnkey, cough].

But for a market like WTI crude oil, most brokerage houses will have a CFD 

that mirrors the front month futures price … yea, the price quotes and 

bid/offer spreads are different from house to house, simply cuz they use 

different scumbag bank LP’s that have different trading models for how they 

quote and trade customer orders … the one common denominator, though, is 

that no matter the price of the CFD, the M1 chart itself of the WTI Crude Oil 

CFD, will look exactly like the front month futures contract that NADEX 

products trade off & settle in their WTI Crude Oil derivative product. In this 

way, you can easily use your CFD oil chart as a proxy.

Crude oil today quiet [relatively speaking compared to other markets], after 

the prior week’s shenanigans with the thugs & dictators meeting in Vienna to 

decide oil output going forward into 2019 … “and if you believe one stinkin’ 

word these assclowns spit out, I got beachfront property in Kansas to show you 

… cheap”!

But, and here’s the kicker, even on a “slow day”, crude oil beats the living hell 

out of gold hands down, as well as other markets for trading … and with our 

proprietary crude oil algorithm, which Cousin It & Cos [Chief of Staff] 

Milton Waddums developed this past Summer via my guidance, and which we 

use exclusively in the signals service, using NADEX “call spreads” to trade 

WTI has never been better. And for the uninitiated, a penny move in WTI 

Crude Oil = ± $1 per 1 lot, which of course means the 1 lot represents 100 

barrels of oil, AND MORE IMPORTANTLY, the bid/offer spread is usually 1 

penny [maybe 2 if it’s moving], just like the futures market … currently, WTI 

Crude Oil is trading off the January 2019 futures contract and mirrors it 

penny for penny.

Today only sees 1 algorithm buy signal in crude, for the signals service, and 

we got an “inside day” on the daily candlestick charts, which usually leads to 

chop, chop, and more chop. Directly below the email confirmation from 

NADEX via email of the trade … first the buy, then the sell … nice little 

scalp from the algo.

 

click to enlarge

 

click to enlarge

“And for a slow day, 9 cents within a minute, I’ll take that and run.”

Now, I fully realize, many if not all of you will trade larger than 1 lots … great 

… but for purposes of the signal service, since it’s the lowest anybody can do, 

and if you opened a real account and started trading with $250, I’m basing 

profits off a 1 lot to prove that, even trading 1 lots, you can be highly profitable 

and build your account, and easily pay for the signals service as well.

Tomorrow sees the blog lay out a NADEX volatility strategy I’ll be putting on 

tonight after the open, not for the signals service, but simply for your 

educational enlightenment, and getting you to explore different ways to attack 

any market in your own account, other than simply playing up/down, and 

hoping they don’t hit the stop! 

Crude closing within an hour, and it looks and feels like the day is over and 

done … not much to the trade now, as price action has slowed considerably 

… So, onto tomorrow … I’m outta here … until tomorrow mi amigos 

… Onward & Upward!!

Have a great day everybody!!

-vegas

OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY WTI 

CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES IN 20 OTHER 

MARKETS, INCLUDING COMMODITIES, FX, & STOCK INDICES! 

… “what on earth are you waiting for”?