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WTI Crude Oil Trading

  • #4,301
  • Oct 8, 2019 11:01pm Oct 8, 2019 11:01pm
Quoting RobyTurboSS
{quote} My algorithm uses an extreme complicated logic to compress everything to a single parameter.It's not an easy game...sometimes i have to watch my code to understand MY logic.A 3 years project for a Software Engineer , Device Driver Programmer ,expert in Cryptography and Network Security, a pentester who write and break firewalls, who have skills that only 0.0001% of traders can claim to have.If you think it's an easy task ,think again.This algorithm who is also powering a Proprietary Trading Platform suffered thousands of mutations in...
You have a very interesting background RobyTurboSS. I understand C++ isn't the most common language for finance, but it's what the top quant firms use since it's the fastest.
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #4,302
  • Oct 8, 2019 11:13pm Oct 8, 2019 11:13pm
Quoting Ef5
{quote} You have a very interesting background RobyTurboSS. I understand C++ isn't as common in finance, but it's what the top quant firms use since it's the fastest.
The only one for hackers or low level programmers ,integrating inline assembly (code machine) to write drivers.Python is the most common in finance for his portability.
  • #4,303
  • Oct 8, 2019 11:22pm Oct 8, 2019 11:22pm
Quoting RobyTurboSS
{quote} The only one for hackers or low level programmers ,integrating inline assembly (code machine) to write drivers.Python is the most common in finance for his portability.


Python and R are the two I'm working on gaining proficiency at. Maybe one day I'll graduate to C++. lol
Self-sufficiency is the greatest of all wealth. - Epicurus
  • #4,304
  • Oct 8, 2019 11:33pm Oct 8, 2019 11:33pm
Quoting Ef5
{quote} Python and R are the two I'm working on gaining proficiency at. Maybe one day I'll graduate to C++. lol
The enlightenment comes from a non stop learning process.
  • #4,305
  • Oct 8, 2019 11:49pm Oct 8, 2019 11:49pm
Quoting RobyTurboSS
{quote} 0-255 but never saw it above 200 ,only OIL or Bitcoin can push it so hard,most of the market will max 100-125
Impressive work. Do you use NN or other machine learning? (I hope you don't mind my questions--I'm quite curious about the algo. I have a strong interest in forecasting. My first coding was in 1965 in Fortran, still active coding.)
  • #4,306
  • Oct 8, 2019 11:50pm Oct 8, 2019 11:50pm
Still waiting the final down move ...the entire market was sold again just after Powell speach .... Unchanged bias.In down bias days, the bullish single instruments are stalling.That's why is wise to go with the flow,and to trade only instruments in this direction.
  • #4,307
  • Oct 9, 2019 12:57am Oct 9, 2019 12:57am
Blimey, some clever cookies on here lately
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  • #4,308
  • Oct 9, 2019 1:10am Oct 9, 2019 1:10am
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yes yes yes
  • #4,309
  • Oct 9, 2019 1:59am Oct 9, 2019 1:59am
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persistence and determination alone are omnipotent
  • #4,310
  • Oct 9, 2019 2:03am Oct 9, 2019 2:03am
Quoting RobyTurboSS
{quote} Neural network, the algo was 100% independent of human input..initially this algo was designed to auto trade the market so he was first executing a chain of tests on the market , simulating trades in real time ...the following algo mutation was based on the previous algo graph and so on ,in an infinite loop until the desired results were triggering real live trades send to the brokerage platform , and i was multi threading hundreds of this type of chains with multiple versions of the same algo...but is transformed now into a manually trading...
Thank you for the thorough reply. You cover an impressive range of instruments, which of course gives you the broad view of markets.

It's 3 am for me and I have to get some sleep...will get back to this after.
  • #4,311
  • Oct 9, 2019 2:44am Oct 9, 2019 2:44am
a bit late but ...

United States API Weekly Crude Oil Stock increased to 4.13M in October 4 from previous -5.92M
persistence and determination alone are omnipotent
  • #4,312
  • Oct 9, 2019 5:12am Oct 9, 2019 5:12am
Short Crude @53.13 ( third and last entry)By BY
  • #4,313
  • Oct 9, 2019 5:23am Oct 9, 2019 5:23am
Quoting RobyTurboSS
Short Crude @53.13 ( third and last entry)By BY
Hi RT, I wonder how much drawdown you would tolerate on your trades ?
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  • #4,314
  • Oct 9, 2019 5:29am Oct 9, 2019 5:29am
Do you think i go all in??Over leveraged? Noooo...i trade at 30x and i know my game.The drop is near the corner.I am on 48 instruments at the same time
  • #4,315
  • Oct 9, 2019 5:31am Oct 9, 2019 5:31am
WTI jumps above $ 53 on trade hopes, geopolitical woes ahead of EIA
9 October 2019, 13:25

 

  1. Oil breaks higher Iran-Turkey geopolitical tensions and fresh trade optimism.

  1. Further upside likely amid supply risks, as markets ignore bearish API report.
  2. All eyes on trade developments ahead of the US EIA Crude Stocks data.

WTI (oil futures on NYMEX) caught a fresh bid-wave last hour and broke the overnight consolidation phase to regain the 53 handle on escalating Iran-Turkey geopolitical tensions over Syria and trade-positive headlines.
Trade and geopolitics to remain the key drivers
The reports that Iran's military launched an unannounced military exercise near the country's border with Turkey helped put a bid under the black gold, as heightening geopolitical tensions could threaten oil supplies, already adding to the ongoing Mid-East supply disruption concerns. Tensions prevail between Turkey and Iran-allied Syria to clear the northern region of the country of Kurdish militants from the border.
On the Mid-East supply risks, political unrest in the OPEC’s two oil producers, Iraq and Ecuador, threatens to disrupt the output, with Ecuador oil output likely to fall by one-third amid protests.
Adding to the renewed upside in the barrel of WTI, the risk-on action in the European markets amid fresh US-China trade optimism boosted the appetite for the higher-yielding oil. Earlier this Wednesday, a Chinese official said that China was open to partial US trade deal despite tech blacklist while FT reported that China has offered to buy extra $10bn of US goods to ease trade war.
Meanwhile, markets shrugged-off the bigger-than-expected build in the US Crude Stocks, as reported by the American Petroleum Institute (API) late-Tuesday, as attention shifts towards the US government’s Energy Information Administration (EIA) weekly crude inventory data due on the cards later today at 1430 GMT.

persistence and determination alone are omnipotent
  • #4,316
  • Oct 9, 2019 5:37am Oct 9, 2019 5:37am
Quoting RobyTurboSS
Do you think i go all in??Over leveraged? Noooo...i trade at 30x and i know my game.The drop is near the corner.I am on 48 instruments at the same time
I don't use a stop but I have to admit sometimes I just panic and close
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  • #4,317
  • Oct 9, 2019 5:49am Oct 9, 2019 5:49am
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yes yes yes
  • #4,318
  • Oct 9, 2019 6:37am Oct 9, 2019 6:37am
Quoting sponge
{quote} I don't use a stop but I have to admit sometimes I just panic and close
Only the market can stop me if the bias is changing , i'll close at max with no gain or a small loss....but my strategy don't include a native stop loss.I suggest to divide the initial entry in 3-5 smaller entries with no stop but TRADE INTERVAL and in any case YOU NEED TO BE IN THE RIGHT DIRECTION(even with draw you will close with no loss)
  • #4,319
  • Oct 9, 2019 7:55am Oct 9, 2019 7:55am
still trading in the 5 M box
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persistence and determination alone are omnipotent
  • #4,320
  • Oct 9, 2019 8:22am Oct 9, 2019 8:22am
Quoting sponge
{quote} I don't use a stop but I have to admit sometimes I just panic and close
Panic !

Over night trade closed before news

I'm still bullish, 53.70+ would see some big upside in my opinion.
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