Tuesday: October 13th, 2015
Day 1 TST 50K Trading Combine: Crude Oil Trading
Today’s Trading Video: RBV HVS SKY (How to trade it and what it looks like!)
Day 1 TST 50K Trading Combine: Crude Oil Trading
CLPORT Method:
Here is what the Crude Oil Market looks pre-market open … notice the RBV (Red Bar Volume) HVS (High Volume Spike) Skyscraper on the chart below.
It will take a lot of energy and momentum to breakthrough the LOD (Low of Day) this morning in the Crude Oil Market.
Trade #1: Long 4711 at 8:15AM CST. Trade Exit 4694 at 8:20AM CST (-17).
Trade #2: Long 4705 at 8:37AM CST and Long 4713 at 8:38AM CST.
Trade Exit on 1 Contract at 4734 at 8:54AM CST (on pullback after achieving 1P and above)
2P 4763 was achieved at 9:00AM CST. In addition, we went to the HOD (High of Day) at 4783 at 9:05AM CST.
200 Bar SMA Holding on Long Signal:
3P achieved on the Long side today:
4P achieved today and up to the Pivot Point:
Crude Oil Market went to swing high of 4843 and then sold off … I was out on 2nd contract at 3P 4789
Trade #2 overall earned 106 ticks.
Day 1 TST 50K Trading Combine: Crude Oil Trading finished today’s trading up 89 ticks overall.
Good Trading and God Bless,
David M. Knight
TradeCraze
P.S. TST 50K Trading Combine: Summary
I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.
