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Created on: 2/28/2011 8:31:50 PM GMT   Last Update: 2/28/2011 10:58:15 PM GMT Posted by: RTT
WARNING: This entry is 1249 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Timing Crude Oil prices with 100% accuracy (214)


timing-crude-oil-prices-with-100-accuracyTrading crude oil prices or oil etfs can be tricky. Or NOT! If you can find the dominant cycle and add a smart oscillator you can achieve good returns. Via our RTT Cycle Spectrum scanner we found that the daily 56 cycle period has been working well with the oil etf USO, and add a few simple rules one can profit.

Confessions: In all honesty we do not trade the USO due to its poor correlation to the underlying commodity crude oil. But the following is a great example of how to take small positions (maybe with call options) within a sideways market. Also you would not be able to find the winning dominant cycle until July 2009 as the data took time to form after the financial crisis March 2009 low. Never the less, results would be acceptable after July 2009. We must also state that we do not have a scientific back test of the trading plan you see below, but I will say on finding the true dominant cycle this will always help you get better than average results. The below is not a system or trading plan that readtheticker.com sell, we allow members to build their own rules and methodologies with the tools we provide, results may and will differ, please see our terms and conditions.

You must forgive me for using such exciting headlines, then how else can I portray such a great chart.

When considering an trade entry we generally review price action using the knowledge sourced form Tom Williams book 'Master the Markets' (see our education page for a link).

The blue horizontal bars occur when the RTTMarketPulse blue line crosses over the red line (an upswing).


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OIL Etf trading




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."Nothing new ever occurs in the business of speculating or investing in securities and commodities."..

Jesse Livernore Trading Rule


.."The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market."..

George Soros




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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



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AAPL AORD AUDJPY AUY BAC BANK CAT CRB CRUDE DD DIA DLTR DXY EURUSD EWA F FB FDX FXA FXE FXY GDX GE GILD GLD GLDFXY GOLD GOOG GS HL HSI HYG INDU IWM JJC JNJ MCD MCYC MMI MSYCYC NEM NYSE PBS PCLN QQQ RGLD SBUX SLV SO SOX SPY TBT TLT TM TNX TRAN TYX USO UUP XAU XLF XLU XLV XLY XOM YHOO


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