Yes. 90 pip gain was followed by 20 pip loss. Not too bad.

WTI Crude Oil Trading

Trying NQ short this morning. Gargantuan move in oil!

WTI Crude Oil Trading

The Magnif7 EA has been upgraded. Please use the new version 2.60.

WTI Crude Oil Trading

A volatile day driven by OPEC meeting. Same for tomorrow?

WTI Crude Oil Trading

WTG! You must have a cast iron stomach.

WTI Crude Oil Trading

I think economics will return to the forefront when the OPEC manipulators go home. Economic factors continue to look a bit weak and bond yields remain low. Reminder: this is the week for First Friday Fun.

WTI Crude Oil Trading

Very predictable action that makes oil shorts likely to fail. ED. This is a red flag item in FF activity list.

WTI Crude Oil Trading

USD can go up sometimes. (demo acct)

WTI Crude Oil Trading

Magnif7 user manual is attached along with the #BLANK template. The latest version of the EA is under the paperclip at top of page.

WTI Crude Oil Trading

WTI's trading range and EMA20 decisively broken at the end of the week.

WTI Crude Oil Trading

Thanks.

WTI Crude Oil Trading

Magnificent Seven has been updated to version 2.57 and tested on a demo account. Run it with Confirm selected to see diagnostics. Please let me know if there are any problems encountered. ~tc

WTI Crude Oil Trading

Thanks Ll.

WTI Crude Oil Trading

WTI has been range bound for 2 days as shown, based on the median line. The range is only 63 pips with the median, rather tight unless one is a very good scalper. More cautious traders might wait for a breakout through the range boundaries. The ...

WTI Crude Oil Trading

Oil poised to go either way? The restart period should be interesting.

WTI Crude Oil Trading

Oil can do long runs with little or no correction. Long and short are both dangerous here. If equities do break down, that could include oil.

WTI Crude Oil Trading

D, I'm adding some diagnostics to Mag7 so you can tell me what is happening when you run it. Ready in a day or 2. For safety while learning, use a demo acct if possible.

WTI Crude Oil Trading

We are fortunate to have Ll1979 looking out for us--he searches for these things. Thanks Ll.

WTI Crude Oil Trading

The median line crossed EMA20 on June 18 at ~52.5, so the advance so far has been ~500 pips. There are many geopolitical issues that could be drivers for the advance, even though economics are showing weakness. Today, stocks were down while oil was ...

WTI Crude Oil Trading

Panic Day seems to be getting closer. About 75% of my trades are shorts, (why? dunno) so looking for the big drops to begin.

WTI Crude Oil Trading