Contents:
Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Sign up now to get the information you need! Receive the best-curated content by our editors for the week ahead. By pressing 'Subscribe' you consent to receive newsletters which may contain promotional content.
For more info on how we might use your data, see our privacy notice and access policy and privacy website. Check your email for further instructions. Live Webinar Live Webinar Events 0. Economic Calendar Economic Calendar Events 0.
Duration: min. P: R:. Search Clear Search results. No entries matching your query were found. Free Trading Guides.
Please try again. Subscribe to Our Newsletter. Rates Live Chart Asset classes. Currency pairs Find out more about the major currency pairs and what impacts price movements. Commodities Our guide explores the most traded commodities worldwide and how to start trading them. Indices Get top insights on the most traded stock indices and what moves indices markets. Cryptocurrencies Find out more about top cryptocurrencies to trade and how to get started. P: R: 1. F: P: R: Company Authors Contact. Long Short.
Oil - US Crude. Wall Street. More View more. Crude oil is ranked among the most liquid commodities in the world, meaning high volumes and clear charts for oil trading. Oil traders should understand how supply and demand affects the price of oil. Both fundamental and technical analysis is useful for oil trading and allows traders to gain an edge over the market. Traders should follow a crude oil trading strategy for greater consistency and efficiency.
Why Trade Crude Oil? War in the Middle East leads to concerns about supply.
For example, back in when the cartel had announced their decision to curb global supply by 1. Oil Suppliers: Similarly, with understanding the importance of OPEC, it is also worth knowing who the top global oil suppliers are. Demand Factors Seasonality : Hot summers can lead to increased activity and higher oil consumption. Cold winters cause people to consume more oil products to heat their houses. Oil Consumers: The largest consumers of oil have typically been developed nations such as the U.
However, in recent times there has been a surge in oil consumption in Asian countries, namely China and Japan. As such, it is important for traders to pay attention to the level of demand from these nations, alongside their economic performance. Any slowdown could affect oil prices and demand may fall.
Read more on understanding the core fundamentals for trading oil How to Trade Oil: Top Tips and Strategies Expert oil traders generally follow a strategy. Advanced Tips for Oil Trading Advanced traders can use alternative information when placing a trade. As such, when investors analyse the curve, they look for two things, whether the market is in contango or backwardation: Contango : This is a situation in which the futures price of a commodity is above the expected spot price, as investors are willing to pay more for a commodity at some point in the future than the actual expected price.
This typically signals a bearish structure.
Backwardation: This is a situation when the spot price is above the forward price for a commodity. This typically signals a bullish structure.
Oil Investing Instead of trading the individual market, a trader can get exposure to oil through shares of oil companies or through energy-based exchange traded funds ETFs. Using Social Media to Trade Crude Oil Over the years, social media has become an increasingly useful platform to share ideas, pass on information and receive breaking news. In this article, we look at basics of trading it from both the fundamental and technical analysis perspectives.
Here are strategies traders can use to gain an edge in the increasingly popular WTI crude oil market. Think about trading CL Futures. Learn how to start day trading crude oil via the stock and futures markets, and how are the Crude Oil Futures Contract (CL), which represents 1, barrels of oil, Beginners may find this strategy more accessible since they can trade price.
According to the BIS, which compiles statistics in cooperation with world central banks to inform analysis of global liquidity, among other things, USD and EUR are the two most traded currencies in Ranking the biggest factors affecting the performance of the CAC Find out how economic, political and unforseen events have an impact on France's most influencial benchmark. Rates Oil - Brent Crude. Market Data Rates Live Chart. For perspective, review historical reporting on our blog and the various videos we have published to the Compound Trading YouTube channel.
Much of the structured model discipline developed in our system is similar in concept as discussed in this video; Mathematician Who Cracked Wall Street. Crude oil price moves within structured areas ranges of trade represented on charting on various time frames different time cycles of trade often in symmetrical price extensions or mirrored fractals, historical price support and resistance, channels and simple price ranges.
The structure oil price moves within the range of price can be one minute charting and more recently some machine trade is as low as 15 second time-frame timing through to monthly charting. Understanding and having each chart time-frame at your immediate access both conventional and algorithmic will increase the probability of profitable trading.
You will find in reviewing the raw recorded video feed or in attending the live oil trading room that in the morning a lead trader will often review on mic the various levels of support and resistance on various oil trade time-frames on the charting to establish the most probable areas of trade for the strategy of trade.
The lead trader will also check with all the chart time-frames prior to entering a day trade at various times through the day. When multiple time-frames agree to support or resistance especially symmetrical areas on the charting with trend this becomes your highest probability area of trade execution, we have found this to be one of the best oil trading strategies.
Sizing trades appropriate to your trading account, probability of support or resistance multiple oil chart time-frames in agreement and time frame for each set-up is a positive strategy. Using the correct chart time-frame specific to your trading strategy is critical.
Generally, the lower smaller the time frame the less predictable the support and resistance areas or structure of the chart will be. Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend.
Our staff use the thirty minute model structures range within trends most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy. More recently the 60 minute and minute time-frames are being used by our staff as it provides a wider view of the current structure of oil trade post COVID black swan machine code updates.
Trade positions should be significantly biased to the trending range of trade. Below are recent videos from webinars we recorded in our Oil Trading Room:. The recently released white paper s about EPIC v3 explains also its method of execution of trades and is a great supplemental piece of documentation for live human traders to reference for trading bias, see the report here;.
EPIC V3. If you have questions about the models below please email us at compoundtradingofficial gmail. Not all charts are updated every week and some concept or test charts are added or deleted on occasion. If you are a new client that would like to review historical reports that are still locked on the blog from public view please email the office with your request and we will send you recent report credentials for unlocking reports for review.
Please note, chart links that support the models and unlisted videos from live trade, for reporting set-ups and webinars are now distributed specific to each user or small group of users. The EPIC algorithm model chart is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade within this specific time-frame.
During a black swan event adjust your trade bias to a larger 60 minute or minute algorithmic model time-frame.