US Crude Oil with smart VSA and Dark Seasons [only] | Page 20 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Good EA for all Seasons 14 replies

Trade FX like a pro: Only VSA and PA 9 replies

VSA Volume Spread Analysis: No demand and accumlation 2 replies

Looking to combine basket trading and s/r, VSA 2 replies

A Broker For All Seasons 0 replies

Attachments: US Crude Oil with smart VSA and Dark Seasons [only]
Exit Attachments

US Crude Oil with smart VSA and Dark Seasons [only]

  • #381
  • Jan 27, 2015 10:07am Jan 27, 2015 10:07am
Quoting yeniful
This is simple economics. The price is going to keep falling. Too much supply and inventories aren't decreasing. Traders long will lose big time here. Stay clear of buying long

agree, price action i showing weakness inspite this long rebounds. when this machins gets moving it will fall trough 40 like a hot knife trough butter
  • #382
  • Jan 27, 2015 5:51pm Jan 27, 2015 5:51pm
Quoting yeniful
This is simple economics. The price is going to keep falling. Too much supply and inventories aren't decreasing. Traders long will lose big time here. Stay clear of buying long
My seasonal view for Crude is long..

I just applied positive SL to my short position & added a long @ 45.4x
Hello World!
  • #383
  • Jan 27, 2015 5:52pm Jan 27, 2015 5:52pm
This is how it looks like..
Attached Image
Hello World!
  • #384
  • Jan 27, 2015 6:38pm Jan 27, 2015 6:38pm
Quoting ClockTrader
This is how it looks like.. {image}
The short was a hedge.. apparently heavy.. as good as a couple of longs..

Sell stops @ 44.80 & 44.25
Hello World!
  • #385
  • Jan 27, 2015 7:06pm Jan 27, 2015 7:06pm
Quoting ClockTrader
{quote} The short was a hedge.. apparently heavy.. as good as a couple of longs.. Sell stops @ 44.80 & 44.25
Scary to be a long here...
While the fundamentals themselves are clearly bearish on crude oil (lower demand & huge stockpiles in US) this move is clearly economic warfare. These lower prices hurt countries like Venezuela, Iran, Russia, etc. I hope crude goes to 20 sometime over next few years, because there's no doubt they will jack the prices up massively once again in the future. But that could be 5-10 years down the line.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-01-27 at 8.04.05 PM.png Size: 99 KB
  • #386
  • Jan 27, 2015 7:33pm Jan 27, 2015 7:33pm
Quoting Ck87
{quote} Scary to be a long here... While the fundamentals themselves are clearly bearish on crude oil (lower demand & huge stockpiles in US) this move is clearly economic warfare. These lower prices hurt countries like Venezuela, Iran, Russia, etc. I hope crude goes to 20 sometime over next few years, because there's no doubt they will jack the prices up massively once again in the future. But that could be 5-10 years down the line. {image}
I asked you earlier about this.. but.. I've completely forgotten what your input was..

Is this IG client sentiment public? or for members? Whats the URL again? I'll save it this time..
Hello World!
  • #387
  • Jan 27, 2015 9:28pm Jan 27, 2015 9:28pm
Quoting ClockTrader
{quote} I asked you earlier about this.. but.. I've completely forgotten what your input was.. Is this IG client sentiment public? or for members? Whats the URL again? I'll save it this time..
Public. http://www.ig.com/uk/market-data
It can be a bit complicated, so if anything I'd suggest just keep your eye on it, and after a while of seeing certain patterns maybe then you can let it influence you. Basic rule is 80%+ on one side you GENERALLY want to be on the other side (not always, there's clearly exceptions) i.e. when they've been on the wrong side the whole time and something top/bottoms out and then you would see the % go more toward the middle or extreme in other direction, which did happen with crude oil when 80% were short @ 105+, then more and more went long as it came down and you had 75-80% long I believe around 90
  • #388
  • Jan 27, 2015 9:37pm Jan 27, 2015 9:37pm
Quoting Ck87
{quote} Public. http://www.ig.com/uk/market-data It can be a bit complicated, so if anything I'd suggest just keep your eye on it, and after a while of seeing certain patterns maybe then you can let it influence you. Basic rule is 80%+ on one side you GENERALLY want to be on the other side (not always, there's clearly exceptions) i.e. when they've been on the wrong side the whole time and something top/bottoms out and then you would see the % go more toward the middle or extreme in other direction, which did happen with crude oil when...
got your point.. thanks a ton!

Hello World!
  • #389
  • Jan 28, 2015 6:19am Jan 28, 2015 6:19am
There will be up and downs but until June the main trend will be down. The main reason is Iran nuclear discussion which will be held in June. US will force the prices to go down as much as they can so that there will be huge pressure on Iran. Also do not forget Russian economy is also depended on high oil prices. These are my thoughts and not adcives...
  • #390
  • Jan 28, 2015 6:28am Jan 28, 2015 6:28am
Quoting MrGurme
There will be up and downs but until June the main trend will be down. The main reason is Iran nuclear discussion which will be held in June. US will force the prices to go down as much as they can so that there will be huge pressure on Iran. Also do not forget Russian economy is also depended on high oil prices. These are my thoughts and not adcives...
I think Barack Obama is helping Iran develop Nuclear warheads.. we all know their targets..

All the time I wonder why America chose Barack Obama?
Hello World!
  • #391
  • Jan 28, 2015 7:44pm Jan 28, 2015 7:44pm
Inclination: Long for today..

One bad area: one bad short @ 44.25

Net Position: light longs..

Strategy: Trade & make sure to close each position in profit only..
Attached Image
Hello World!
  • #392
  • Jan 28, 2015 11:12pm Jan 28, 2015 11:12pm
Quoting ClockTrader
{quote} I think Barack Obama is helping Iran develop Nuclear warheads.. we all know their targets.. All the time I wonder why America chose Barack Obama?
We're way past the point of actually choosing who becomes president. Regardless of who was "chosen" by the people, the big boys have it planned way in advance who will be their puppet/ The "President"
  • #393
  • Jan 29, 2015 12:34am Jan 29, 2015 12:34am
Quoting Ck87
{quote} We're way past the point of actually choosing who becomes president. Regardless of who was "chosen" by the people, the big boys have it planned way in advance who will be their puppet/ The "President"
> the big boys have it planned way in advance who will be their puppet/ The "President"

----> The Saudi plan it all IMO..

Anieways, I just cleaned the slate.. took a small loss.. Price appears to be descending.. the big pic. looks getting dirty.. will wait for ripe time to go long again..
Hello World!
  • #394
  • Edited 7:02am Jan 30, 2015 2:26am | Edited 7:02am
Quoting ClockTrader
{quote} > the big boys have it planned way in advance who will be their puppet/ The "President" ----> The Saudi plan it all IMO.. Anieways, I just cleaned the slate.. took a small loss.. Price appears to be descending.. the big pic. looks getting dirty.. will wait for ripe time to go long again..
Selling this
Got out with profit, then got back in and it instantly shot up on me, god damn my timing.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2015-01-30 at 3.25.58 AM.png Size: 86 KB
  • #395
  • Jan 30, 2015 11:32am Jan 30, 2015 11:32am
The usual friday thieving on crude oil, hilarious move.
  • #396
  • Jan 30, 2015 12:19pm Jan 30, 2015 12:19pm
$2 move in half hour. what is happening with crude. Never seen this much movement b4. Losing money atm, hope it will come down soon.
  • #397
  • Feb 2, 2015 12:40pm Feb 2, 2015 12:40pm
Amazing stuff going on with crude again... shorted and it goes down $1.50+ once, comes all the way back up, then again down $1.50+ and now back up even higher, amazing, amazing stuff. Completely bearish move and 50 level will get sold off hard i am sure of it, but really amazing.
  • #398
  • Feb 3, 2015 2:36am Feb 3, 2015 2:36am
Crude looks so overbought short term right now at @51... yet the momentum is seemingly unstoppable.. Don't know where this ends... maybe way higher?
It has rallied nearly 20% from the lows. Should have stuck with my plan which was to start buying on big dips. Think we should get at least one more decent size dip really soon... maybe not though, this thing does not seem to want to go down for a minute.
  • #399
  • Feb 3, 2015 3:12am Feb 3, 2015 3:12am
Quoting Ck87
Crude looks so overbought short term right now at @51... yet the momentum is seemingly unstoppable.. Don't know where this ends... maybe way higher? It has rallied nearly 20% from the lows. Should have stuck with my plan which was to start buying on big dips. Think we should get at least one more decent size dip really soon... maybe not though, this thing does not seem to want to go down for a minute.
I've been too busy with the Arcki.. team to focus on Crude lately + there were some hiccups.. lack of timing & focus..

This could spike higher & get jittery.. I'll stay away & wait for a bottom..
Hello World!
  • #400
  • Feb 3, 2015 3:43am Feb 3, 2015 3:43am
Quoting ClockTrader
{quote} I've been too busy with the Arcki.. team to focus on Crude lately + there were some hiccups.. lack of timing & focus.. This could spike higher & get jittery.. I'll stay away & wait for a bottom..
Understand. Yeah it's a bit nuts right now. Failure to hold above this 51.23 level should mean a nice size sell off follows... it does seem like it's a high probability to happen. Although Daily+Weekly momentum can drive this thing much higher, H4 is extremely overbought.
0 traders viewing now