SUNDAY UPDATE꞉ CAN OIL CATCH A TREND?

“Trade oil they said … how bad can it be they said … my account is dying!”

Directly below, this week’s 20 Day Range MA in WTI Crude Oil.

click on chart to enlarge

Hanging up around a $2 range for the day, oil is putting in the ranges, the problem

is twofold … 1] moves are coming outside of the normal U.S. session where

bid/offer spreads are higher, and 2] moves in the U.S. session are coming on

news headlines, Trump tweets, and the oil inventories roulette wheel … 🙶speed of

light or crickets🙷 … that’s what we’re left with these days.

I’ve finished the proprietary trading algorithms for our 3 main markets … XAUUSD,

GBPUSD, & DOW30 … which is the traderzoogold blog … and over the next few

weeks into October 1, I’ll be finishing our secondary group of markets … that will

be adding the SP500 & NDX100 to the DOW30 trading course, and then sometime

in September I’ll have the WTI & BRENT Crude Oil algorithm for the oil course,

using a 3 cent bid/offer spread MT4 trading platform, and finally a course for the

Hang Seng 50 Index, utilizing a 5 index point bid/offer spread on the MT4.

So, no matter how you want to trade crude oil, whether you prefer WTI or BRENT,

whether you trade a CFD, the regular futures [1,000 barrels per 1 lot], or the e-mini

futures [500 barrels per 1 lot], the MT4 charts I use will be very, very close to the

market you’re actually trading … same with the Hang Seng 50 stock index.

Right now, the plan is to have them all finished and available for my readers by

October 1 … so, a lot of work to do writing the trading courses in the days ahead. 

All the courses will offer, in addition to the scalping [day trading], weekly position

trading algorithms as well. So, something here for everybody … and I will add,

that they are very, very powerful … more on all of this as the days of September

roll by … onto tomorrow and the week at hand … until then mi amigos

… Onward & Upward!!

Have a great rest of your Holiday weekend everybody! 

-vegas