ChrisMoody

Great Way To Capitalize on Crude Futures or USO ETF!!!

NYMEX:CL1!   Light Crude Oil Futures
709 15 9
Full Credit Goes to Ross Givens, the Founder of BlueTickResearch.com. I've known Ross for several years. Ross has run very large Futures Based Trade Rooms for a few of the biggest companies in the industry. Recently Ross founded his own company and last night he published a great video on one of the "Nuggets" he's come across over the years.

NOTE: This Chart looks the Exact same for the Oil             ETF USO , for those of you who don't trade futures . Works great for Stock and Options Traders.

Instead of typing out all of the specifics here is the link to a 5 minute video Ross shared on YouTube.com, which explains in detail his methodology and how he sets up these indicators.

Here is the YouTube Link for his video. Sorry Guys...For some reason video is no longer available.

If you like what Ross has to say please reply to this post and I'm sure we can convince Ross to open a TradingView.com account where he can share the Chart Setups he sees. He has very valuable insights. It's not my place to say what his percentage returns are for the year, but I assure you his returns are impressive.
The video is no longer available so do forgive my ignorance. Is this an automatic 50 period linear regression plot w/ 2SD? If so, the current bar will never achieve this level correct?
Also, I tried the 'share', 'make it mine' route and could not add this indicator so I may be quite out of line with my thinking. Any explanation about the indicator and how to add it would be
very much appreciated.
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You couldn't get access to indicator by that method...b/c it's a built in Indicator...Linear Regression

place two linear regression indicators on chart...50 period, one of them at 1 and -1, the other one at 2 and -2.

Since it's based on a certain Period Lookback...the candles/bars can go outside the channel...b/c using a 2 Std Dev by definition there is a 95% probability this won't happen...so it's rare to see...and as you know the indicator constantly adjusts. So you have to view it for a long time while getting used to it...b/c as you know seeing it in HindSight doesn't reflect what it looked like at that point in time.

But if you put a 200 period lookback on daily chart of aapl with a 1 Std Dev the candles are outside of the lines. So it can happen..it's just using 2 stdDev is very rare and acts more as support/resistance for a extreme move.
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Chris, I finished download and you can delete now. I'll give them a call on Tuesday. Thank you!
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Thanks....fcha
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Thank you! I was so busy with the holiday and I m going to review all video again but I really love it.
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Fcha....Let me know when you've downloaded the video. I need to remove the link. No immediate rush...just let me know...
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Chris, don't worry I wont think negative about it, if you want me to call him directly then I need his number.
Thanks
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Fcha....Ross did a free hour long webinar the other night talking about one of the strategies he uses. Heres the link https://www.youtube.com/watch?v=zkRozipWhzU ...At the end he talks about one of his newsletters that he offers, and at the end he provides his contact information. As far as I know he doesn't have a webinar on schedule where he teaches his methods. Those are very fairly priced. I prefer to learn how to "Fish" Vs. Buying a newsletter that gives you the "Fish". But I will say I subscribe to all of his newsletters and he's the only service in my 12+ trading career where I've taken trades just based on what his newsletters said. Partly because I'm still learning his system, and partly because his track record is very strong.
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Example of USO ETF showing great Setups

snapshot
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