Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Speculator70

Auction Market Theory Daily Analysis Emini & Crude Oil

Recommended Posts

Analysis Video

 

 

Crude Oil

 

Breaking Down in the low 39's early Sunday night trade but is now putting the pressure of Friday's low for a possible formation of a Spring forming on the daily bar. Watch for either exhaustion or acceptance into the Daily value low area on 39.80-40.00 to plan your morning.

 

Emini

 

Continuation could be very possible if the overnight trade is unable to trade below Friday's close. If it does break watch for opportunities to buy against the Daily Mid at 2078-80 area.

Share this post


Link to post
Share on other sites

 

Crude:

 

Another shakeout produced with the the Inventory Report and it didn't take long for the short to re-establish position to the downside. The CL in in a steady migration lower and should be traded as such. Look for exhaustion against 37.50-70 area for continuing the move downward.

 

EMini:

 

What can I say I've been bias to the long side but after today anything trading basically below 2060 the shorts are in play. 2035 is the Daily chart value low and we bounced off it today. Continued pressure to the downside won't have a problem going to re-test that bounce. Institutional trade to the upside has been evident form the mid 2050's as well for the past three weeks.

Share this post


Link to post
Share on other sites

 

 

Both the Crude Oil and ES Markets have a great shot at reserving the downward move tomorrow.

 

Crude has to stay above 36.00 and if the Emini gets above today's value high of 2022, quite possibly will push back into the prior Daily Value low of 2035 area.

 

Crude if it catches a bid can reverse a few key resistance areas triggering possibly strength and upward momentum.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Similar Content

    • By TopAlgo
      Open source code for 2 NT7 trading algos C#
      google drive link in video description
      2 Algos based on point and figure patterns, fully automated, one for crude oil contracts and one for nasdaq futures.
      Free to use, modify, share
    • By Ninjatrader_Staff
      FCM to Provide Simplified Access to the Global Futures Markets
      CHICAGO, IL, August 9th, 2021 – NinjaTrader Group, LLC, a leading provider of trading software and brokerage services, has announced the launch of NinjaTrader Clearing, LLC. As a non-clearing Futures Commission Merchant, NinjaTrader Clearing will deliver innovative Fintech services & a modern user experience for self-directed traders to cost-effectively access the global futures markets.

      “We are extremely excited to introduce a customer-centric experience unique to the futures industry through our FCM,” stated Martin Franchi, CEO of NinjaTrader. “The interest in retail futures trading is rapidly expanding and the opportunity to simplify the client experience will help us continue to deliver unmatched value for our traders.” NinjaTrader supports over 500,000 active traders through a unique combination of high-performance trading software, discount brokerage and real-time support. As an FCM, NinjaTrader will continue to modernize the retail futures industry building upon its best-in-class technology and award-winning services to provide a premium experience for customers across the globe.

      “Retail traders are attracted to the numerous benefits available through futures and our goal is to make these markets even more accessible for both investors and active traders,” stated Franchi. “Through an innovative user experience and cost-efficient services, NinjaTrader will continue to lower the barrier of entry to participate in the futures markets using our institutional grade trading tools.” NinjaTrader Clearing is immediately available to accept new futures accounts. Visit ninjatrader.com or contact brokeragesales@ninjatrader.com to learn more.
      About NinjaTrader
      NinjaTrader provides award-winning trading software and brokerage services to active traders. Founded in 2003, NinjaTrader has evolved into an industry leader supporting over 500,000 traders around the globe with best-in-class technology, discount commissions and world class support.
      To learn more about NinjaTrader, please visit: www.ninjatrader.com.
      Contact:
      Paul Colman
      NinjaTrader
      1.800.496.1683
      info@ninjatrader.com
      FULL RISK DISCLOSURE: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
       
    • By Ninjatrader_Staff
      Now is the Time to SAVE Even More with NinjaTrader!
      Open a new Futures account by August 31st and receive up to $200 in commission rebates.
      Simply fund your account with the account minimum of $400 and start trading. You will receive a rebate back on all future trades placed prior to October 31st.
      OPEN ACCOUNT
      Why Trade Futures with NinjaTrader?

      FREE Platform included with brokerage account Clear savings through discount commissions Low day trading margins including only $50 for Micros 1000s of Apps & Add-Ons to personalize your platform


      Questions?
      Contact us at 1.800.496.1683 or brokeragesales@ninjatrader.com. *Commission Rebate Requirements:

      Account must be opened & funded in August 2021 with $400 minimum Trades must be executed on or before October 31st, 2021 Commission rebates will be applied to the account holder's balance monthly as a credit up to $0.25 per contract if charged commission exceeds $0.25 per contract or equaling the value of the commission charged if under $0.25 per contract Standard exchange, NFA and routing fees still apply Existing NinjaTrader Brokerage account holders are not eligible for this promotion



      Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.

       
    • By Ninjatrader_Staff
      Open a new futures brokerage account by February 28th with a NinjaTrader Lifetime license & receive:

      Commission-Free Micro trading in March $50 margins on Micros Access to the most powerful version of NinjaTrader Free platform upgrades for life!


      Simply open & fund your new account in February with as little as $400 & purchase a Lifetime license. You will then receive a rebate for commissions on all Micro futures trades placed from March 1st – March 31st.* Open Futures Account
      A NinjaTrader Lifetime license provide access to all premium features including Chart Trader, OCO orders, Order Flow +, and more.
      * Program Requirements:

      Account must be funded by February 28th, 2021 with $400 minimum A new NinjaTrader Lifetime license ($1099) must be purchased by February 28th, 2021 Standard exchange, NFA and routing fees still apply A commission rebate will be applied to the account holder’s balance for all March Micro trades 2nd accounts for current NinjaTrader Brokerage account owners not eligible for rebates


      Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.
    • By Ninjatrader_Staff
      Open a new futures brokerage account by August 31st with a NinjaTrader Lifetime license & receive:
      Commission-Free Micro trading in September $50 margins on Micros Access to the most powerful version of NinjaTrader Free platform upgrades for life!
      Simply open & fund your new account in August with as little as $400 & purchase a Lifetime license. You will then receive a rebate for commissions on all Micro futures trades placed from September 1st – September 30th.*
      Open Futures Account
      A NinjaTrader Lifetime license provide access to all premium features including Chart Trader, OCO orders, Order Flow +, and more.
      * Program Requirements:
      Account must be funded by August 31st, 2020 with $400 minimum A new NinjaTrader Lifetime license ($1099) must be purchased by August 31st, 2020 Standard exchange, NFA and routing fees still apply A commission rebate will be applied to the account holder’s balance for all September Micro trades 2nd accounts for current NinjaTrader Brokerage account owners not eligible for rebates
      Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.
  • Topics

  • Posts

    • ItuGlobal: Our Latest NETELLER VIPs 2025 ITU GLOBAL VIP Members’ Rewards Every calendar year, we choose 2 customers to become our VIPs. They’ve permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not.   These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us.  They would be announced in January each year and added to our list of VIPs. ItuGlobal: Our Latest NETELLER VIPs 2025 Adetoye Oyebanji Babalola: Adetoye O. has started selling large quantities of Neteller to us since the very beginning of our company’s existence. He also sold Perfect Money to us many times, when PM was still available in Nigeria. Besides, he has given us a lot of helpful business advice, which has proven to be invaluable to us. He deserves to become our VIP. Isiaka Adekunle Mohammed: He is a constant buyer. Buying e-currencies and also funding his Instaforex account through us. We thank Isiaka A. for his trust in us and wish him the best in everything he does. Abiodun Lawanson: This is an avid buyer and seller of Neteller. He buys and makes profits and sells back to us. Sometimes when we are not online, he will send an offline message and we will process his order once we come back online. He has thus become our VIP. Source: Ituglobalfx.com.ng  
    • The best and the most sure-fire way to avoid all these forms of nonsense is NEVER to send any money to anyone, no matter the circumstances they claim... Even your closest family members.   Whatever they claim will happen to them, let it happen.   There is nothing new under the sun...   You need to be extremely cruel.... Never send anything of value to anybody, no matter what they claim, even if they claim death.   If you can follow this GOLDEN RULE, you will avoid a lot of regrets, heartaches and disappointments from all areas.   I send money only to people I have promised before.... Or someone I am seeing face-to-face... Or someone I have confirmed beyond reasonable doubts from external/independent sources that they really need the money.   Otherwise, nobody under this heaven can come out of blue (unless my parents or wife), even my siblings and request money.   Over 90% of requests for financial assistance and are fraudulent.   After all, if you die today... The scammers (even in the family) will continue to live without you.   Those who are merciful, kind-hearted and soft-hearted are the easy preys and targets of these scoundrels - 419 scammers.   They like gullible people and hate tough/cruel people.   Do not allow anyone to cause you to feel guilty for what you don’t do… Those dubious people want to make you feel guilty for not helping. But you don’t need to feel guilty as long as you’re not the cause of their problems or the issues they have.   It is better to lose customers/friends/family members/anyone's goodwill and keep your money, than to lose their goodwill and also lose your money.   Because that is what will happen at last... I have lost count of how many people that are currently regretting giving out loans, just because they want to retain goodwill.   When you're trying to please people, you end up displeasing yourself... And you will discover that those who are encouraging you to be kind and generous are themselves wicked and stingy.   Esin o dede l’oro... Araye lo ko esin loro. (It's humans being that taught the horse how to be cruel).   The best way to avoid falling for scam is NEVER to send anything of value to anyone, no matter who the person is to you or how they relate to you on this planet...   And never try to get anything for free or reap where you don't sow and never try to get rich quickly.   Follow this: You will escape/avoid all scams, lies, pretenses, fakeries, headaches, sorrow, regrets, high BP, later in your life.   Ignore this rule at your own PERIL.   Have a nice day. PS: And scammers will be using AI also for impersonations, phishing attempts and deepfake tricks. Just delay indefinitely and make independent calls, research and investigation before you part with anything of value. If you can't go through the rigors, just ignore the deals. I hope the Western World will soon pass legislation to regulate AI and deal with those who use it for evil.  To get free, winning trading signals, please visit: https://t.me/predictmag 
    • C Citigroup stock watch, pullback to the 68.43 gap support area, with bullish indicators at https://stockconsultant.com/?C
    • HDSN Hudson Technologies stock, strong rally, watch for a bottom breakout at https://stockconsultant.com/?HDSN
    • GLD SPDR Gold Shares ETF watch for a top of range breakout above 273.3 at https://stockconsultant.com/?GLD
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.