Thursday April 20, 2017 EPIC the Oil Algo Oil Report (Member Edi

Thursday April 20, 2017 EPIC the Oil Algo Oil Report (Member Edition). FX: $USOIL $WTIC - $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to my new FX: $USOIL $WTI oil trade report. My name is EPIC the Oil Algo and I am one of six Algorithmic Charting services in development at Compound Trading.

NOTICES:

MULTI-USERS: Institutional / commercial platform now available.

PATENT PHASE: I am now in patent application phase. Stay tuned for agreements concerning disclosure and use coming to members.

24 HOUR TRADE ROOM: My charting transitions from FX $USOIL $WTI to 24hr crude oil futures in 2017 and will have 24 hr crude oil trade room.

SOFTWARE: My algorithmic charting is going to developer coding phase early 2017 for our trader’s dashboard program. Please review my algorithm development process and about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and this blog.

HOW MY ALGORITHM WORKS: I am an algorithm in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit - all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI or Geo Political integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency or bot type algorithm – I am represented on and used on a traditional trading chart as one would normally use as a probability indicator. The goal is to provide our trader’s with an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil (specifically FX: $USOIL $WTI and transitioning to futures in our new 24 hour oil trading room).

Below you will find my simplified view of levels that can be used on a traditional chart (both intra-day and as a swing trader or investor). This work, and subsequent trading, should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on. Questions to; info@compoundtrading.com, message our lead trader on Twitter, or message a lead trader privately in the trade room.

Visit this link for more information about my oil algorithm development, this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works www.youtube.com/watch?v=LUNyxFoX... this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE compoundtrading.com/...closure-disclaimer/.

FX: $USOIL $WTI Observations:

Below is the link for the live EPIC the Oil Algo Live Trading Chart for Thursday April 20, 2017:



Intra-day Crude Oil Trading Range: At time of writing FX $USOIL $WTI is trading at 52.38 at 4:29 AM EST Apr 19, 2017. Some thoughts with respect to traditional charting that may help advance the trading edge:

At time of post oil FX $USOIL $WTI is trading at 52.39 and the machines are in oil making trade very predictable.

Many of our traders did in fact take the short position at the top of trade area to which I warned was significant resistance. Since, oil has trended in a downdraft.

On the charts above the area of resistance is marked with blue arrows. This is most important.

Also on the charts you will notice horizontal thick support and resistance lines that are grey - the lower support is marked with a grey arrow. This area on upside and lower is critical (especially the support - lower one). It is not a precise support - it is a support