most important i created a DOLLAR risk box, that shows me in realtime the current RISK (dollar risk =
range of last bar or
distance to swing high for shorts
distance to swing low for long)
this way i only have to wait for price to get to a double top and then enter with the
amount of contracts the box calculated with a 2% risk on a 10k account
this way too...
Gasoline futures have dropped to a five-week low of $2.6 per gallon, primarily due to an unexpected increase in inventory and a decline in demand. Recent data from the Energy Information Administration (EIA) indicates a decrease in gas demand from 8.936 million to 8.519 million b/d last week. Moreover, the total domestic gasoline stock has increased by 1.3 million...
Gasoline Futures is very near the PCZ of a Bearish 5-0 but is actually showing a very notable amount of weakness at the 0.382 and is Bearishly Diverging if this keeps up we will see Gasoline Breakdown out of the Bearish Consolidation and probably go back to pre-2020 Levels.
My strategy is to short the opening 30 min of heating oil / crude oil and hold till trailing stop is reached
Re-entries in such markets where always tricky.
On the other hand if you trade like an AI would do you would see that low risk entries are every day possible at 10 am eastern time.
usually market trades up from 9.30 to 10 am and if there is weakness...
With price and “commodity premiums” that we track showing signs of a structural shift, we think these represents potential tradeable set-up in the mid to long term as supply and demand finds some way to normalization after the pandemic & war shocks over the past 2 years. Hence, we think commodities will continue to be where the actions at.
With winter just about...
HO about to bounce up
HO is quite easy to trade because not so liquid and often show a bit large difference beetwen Ask and Bid
So the Price tells you where the trend is going to move next ... More over HO offers large profit
This is a likely bounce pattern with 3 Tops and 3 Bottoms
wait for this impulsion to go long Prior to enter the trade
this is just...
on the back adjusted futures contract the ICHIMOKU strategy generated a short signal.
in the long term this strategy is profitable on all assets
last short as profitable for 10 days then turned negative (but it was possible to earn a lot with that entry)
no financial advise but
suggestion move the stop to break even
one the high of a daily bar is below the entry price.
The chart points suggest a continued bearish move with the short target set at the 1D Cosmic Channel basis line and the stop set at the 1h Cosmic Channel basis line.
After a turbulent 2022, there will be a lot of factors affecting the investment market in 2023. I have picked three most important ones to talk about.
• When will Fed stop hiking rate?
• Will there be a global recession?
• How could China’s reopening impact the market?
When will Fed stop hiking rate?
I respect Fed’s pivot table showing Fed Fund Rate will go up...
HELLO GUYS THIS MY IDEA 💡ABOUT RB1! is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
Demand is down because inflation is up and people are driving less to make up for the cost.
Trend regression channel since Nov 04, 22
Entry 2.15
SL 2.21
TP 1.93
Heating oil finds itself at a pivot point after reverse at support levels not seen since Feb of 22.
-We are only in December heading into the coldest months of the year.
-If this Pivot point holds cold see massive take gains long.
The math I have is entry @ Market price Right now is
3.1189 @ $4.20 per tic
SL 3.090 =
TP 3.99 =
This is kind of an extension to the US Crude-Oil Bearish Bat trade from the other day; So we have a Bear Flag on the Gasoline Futures chart and we seem to be confirming a Break Hook and Go that has room to take us to $2.00 if it holds.
