glennjoy1

PRO
Message Follow Following Unfollow
Joined
Markets Allocation
100 % commodities
Top Mentioned Symbols
CL1! 75% | 3 CLF 25% | 1
glennjoy1 glennjoy1 PRO CLF2016, 240, Long ,
CLF2016: Crude long play
19 0 2
CLF2016, 240 Long
Crude long play

I just went long the Jan contract with a target just below 40 I have a stop loss at the Bollinger band 0.5 SD lower level.

glennjoy1 glennjoy1 PRO CL1!, M,
CL1!: WTI support at 30.00
166 4 1
CL1!, M
WTI support at 30.00

Ok..Where is the bottom in crude? That is the 60 billion barrel question! If only we knew...so I had a look at the monthly line chart for WTI and saw that at several major peaks in the past crude then fell 70% before a bottom was formed. OK it's only a small sample statistically and you wouldn't bet the bank on it BUT the new current projection feels somehow right ...

glennjoy1 glennjoy1 PRO CL1!, 240, Short ,
CL1!: Crude still in down trend
162 0 2
CL1!, 240 Short
Crude still in down trend

Looking at this 4hr chart it is clear that bears are in control as there is nothing at all to indicate a change of trend. In fact it looks like crude could fall even further to the late 30's or early 40's looking at the Fibonacci channel 0(34.18). The reason I chose this channel as the first point of reference is that it signified the base line to which the market ...

glennjoy1 glennjoy1 PRO CL1!, D, Long ,
CL1!: Crude Long Entry System with a current buy signal soon
47 0 0
CL1!, D Long
Crude Long Entry System with a current buy signal soon

This is a very simple system to go long using the CM Williams Vix Fix and the 9 period EMA. As Chris Moody suggested (you produce some amazing work Chris..just thought I would throw that in) a useful alert is when the green bar of the CM Williams Vix Fix changes to grey (ie the next bar after the last green bar) indicating a bottom may have formed. Now I use the 9 ...

Last visit United Kingdom
7441
330
53779
Message Follow Following Unfollow
Last visit IRAN.Tehran
334
61
2572
Message Follow Following Unfollow
Last visit Bulgaria
25
28
373
Message Follow Following Unfollow
Online WORLD
46650
990
210340
Message Follow Following Unfollow
Last visit
2639
349
11713
Message Follow Following Unfollow
Last visit
17176
4231
142708
Message Follow Following Unfollow
Last visit ChengDu
235
176
2498
Message Follow Following Unfollow
Last visit Maldives
3499
317
25932
Message Follow Following Unfollow
Last visit
4
12
21
Message Follow Following Unfollow
Last visit Canada
59
137
824
Message Follow Following Unfollow
Last visit USA
43
52
238
Message Follow Following Unfollow
Last visit United States
285
766
5974
Message Follow Following Unfollow
Online UK
6532
185
25781
Message Follow Following Unfollow
Last visit EARTH
26196
907
116250
Message Follow Following Unfollow
Last visit CA, US
5299
155
27889
Message Follow Following Unfollow
Last visit USA
7276
136
35019
Message Follow Following Unfollow
BTCUSD
Bitcoin / Dollar
Follow Following Unfollow
EU1!
Euro Futures
Follow Following Unfollow
SI1!
SILVER FUTURES
Follow Following Unfollow
CL1!
LIGHT CRUDE OIL FUTURES
Follow Following Unfollow
CT1!
Cotton #2
Follow Following Unfollow
ES1!
S&P 500 E-MINI FUTURES
Follow Following Unfollow
ZW1!
WHEAT FUTURES - ECBT
Follow Following Unfollow
GC1!
GOLD FUTURES
Follow Following Unfollow
Market
Browse
Type
Browse
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out