In this post, room member and full time professional trader Tracey shares her recent research on predicting R0 patterns. This post is an absolute treasure trove of OTR patterns and knowledge.
Why is this post for members only? This article is well worth a monthly subscription many times over. So if all you did was sign up and read this post, you would receive full value for becoming a member of the trading room, but the Oil Trading Room is much much more than this a hundred times over. If you are serious about your trading, Join us, learn, advance your skills and knowledge and come into alignment with your higher trading powers!
Enjoy this video on super mapping the market for day trading and how to learn to trade to targets using patterns with known probabilities.
Enjoy the video below on the "Stretched" Smart Patterns Trading Pattern for day trading and applied to Crude Oil Futures. This is a great easy to learn gateway technique to learning more advanced trading patterns that we teach, so is great for beginners and advanced trader alike. Let us know if you have any questions 🙂
MAKING SENSE OF RAILROAD TIES (RRT'S)
A railroad tie (RRT) is any occurrence of 3 or more consecutive reversal bars (RB). While they can happen at any time during the day and at any place on the chart, they occur most often at places of support or resistance or other significant levels. In the last year RRT's occurred on 91% of trading days.
This post is for members as it addresses advanced concepts taught and used for trading in the Oil Trading Room.
In the Oil Trading Room, we put indicators on our charts for two basic reasons: 1) as a reminder of something we should know. This is like putting something on your daily calendar to remember. 2) The second reason we put an indicator on our chart is because we want to be able to see something that is happening that you cannot see just by looking at the chart (something that is inside the market but that cannot be discerned without it). This generally falls into 2 main categories: Order flow and Momentum. That being said, this article is about Order Flow indications that you cannot see just by looking at a chart that is a leading indication and that provides a trading edge.
What is the futures symbol code for January, February, March, April, May, June, July, August, September, October, November or December? Check the table below to see it:
Understanding Floor Pivots. Thank You Carlos for excerpting this post from the room!
Why is this post for members only? This article is well worth a monthly subscription. So if all you did was sign up and read this post, you would receive full value for your order, but the Oil Trading Room is much much more than this a hundred times over. If you are serious about your trading, Join us, learn, advance your skills and knowledge and come into alignment with your higher trading powers!