Oil prices remain bullish but now heading into a congestion phase on the monthly chart
The price of oil has continued to rise over the last few sessions as I suggested it would in my post of last week. At […]
Oil
Day trading futures on Ninjatrader and Tradestation using volume price analysis
Day trading futures on Ninjatrader and Tradestation using volume price analysis.
Where next for the price of oil?
At the start of a new week and trading month, time to take a look at crude oil as it continues to claw its way […]
Choppiness index trading strategy on NinjaTrader using day trading indicators
In this webinar from the US trading session, with index futures trading sideways we explain how to trade choppy markets using the NinjaTrader indicators from […]
An important day for oil prices
An important day for oil prices today, but purely from a technical perspective as we can see from the daily chart. Why? Because the commodity […]
Another week, another weak rally for oil futures
It was another week of promising much and delivering little for the price of oil as the early surge higher of Monday and Tuesday was […]
Volume price lessons on the daily oil chart
Some excellent lessons in volume price analysis on the daily chart for oil and as always giving is a clear view on where the price […]
Oil remains weak, but buyers move in yesterday
The price of oil continues to sag, driven by a lack of demand coupled with supplies remaining at pre-Covid levels. The weakness in the commodity […]
Oil set to trade here for some time
The daily chart for oil is one which is developing precisely as forecast over the last few months, and one which highlights a fundamental plank […]
Day trading examples on index futures and commodities
Day trading US futures indices and commodities using volume price analysis.
Wyckoff’s second law applies to the daily chart for oil
The daily chart for oil is a textbook example of Wyckoff’s second law as the commodity continues to trade in congestion and is exactly where […]
Oil continues to trade around the volume point of control
As I have outlined in several previous posts for oil, the longer-term outlook remains weak from both a technical and fundamental perspective, and for the […]
And volume also confirms the same story for oil!
The reversal in the price of oil yesterday was not wholly unexpected as the commodity reacted to the potential for more US fiscal relief and […]
Volume price analysis tells you what’s going to happen next! Nice example on WTI oil futures
Volume price analysis answers the one question all traders want to know which is simply this…’Where is the market going next?’ And in this session […]
Two reasons oil is set to trade in a range
As we start a new trading week, there are two clear reasons we can expect to see oil consolidate in the current region and continue […]
Price of oil now likely to congest in this area
Last week was one of solid gains for the price of oil, which saw the WTI contract rally following the sharp falls of the last […]
Why the US indices move in different directions and more volume lessons
In the second part of the US day trading session I start by explaining why the US indices move in different directions on a daily […]
Oil remains under pressure and likely to continue to remain so
Over the last few months, I’ve written extensively about oil and how, from a technical perspective, it has been building into an extended congestion phase, […]