Do the ‘Better’ Indicators Work on Crude Oil? Yes

Do the ‘Better’ Indicators Work on Crude Oil? (9:01)

In this video I wanted to show how the 3 non-correlated indicators (Better Sine Wave, Better Momentum and Better Pro Am) work for day trading Crude Oil. Over-optimization will always kill a system – I’ve learned that the hard way. The video above shows the same Day Trading principles apply to Crude Oil as the Emini.

Here’s a screenshot of the 500 tick Crude Oil chart showing turning points repeat the same sequence of price, volume and average trade size:

1. Exhaustion buying/selling volume
2. Volume divergence with less buying/selling and higher highs/lower lows
3. “End of Trend” price cycle warning signal
4. Cycle turn after “End of Trend” is often low risk entry point, and
5. Professionals active at price extremes

Day Trading – Crude Oil (500 tick)

And always trade in sympathy with the trend in the higher time frames.

Another Crude Oil day trade example

Here’s another example of a great Crude Oil day trade sent in by Starling H. – one of Emini-Watch’s loyal fans – showing the ‘Better’ indicators at work.

Crude Oil Day Trade Example – 1 Nov 2011 (5:55)

Thank you Starling for letting me share this great trade with the subscribers.