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Oil Futures For The Aggressive Trader

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SEPT 13, 2023
 
   
JEFFRY TURNMIRE’S DISCORD DISCOURSE
Jeffry’s Out, But There Still Might Be Room In This Trade
 

Just to show you how fast some things can change…

Yesterday just before noon Eastern, Jeffry posted the following as his Chart Of The Week:

 
 

With oil futures approaching his $89 target, he announced that there could still be a move up to $93 or $94.

But then less than 90 minutes later, Jeffry had had enough:

 
 

He closed out his oil trade at a profit.

As they say, “No one ever went broke taking a profit.”

If this play still looks interesting, you can take a look at Jeffry’s original charts here:

 
Oil Futures: https://www.tradingview.com/x/adcaBP4k/
UCO: https://www.tradingview.com/x/Tqf9PgqJ/

May the markets be ever in your favor,

— The Prosperity Pub Team

P.S. If you’re not in Jeffry’s Discord channel yet, you can get these plays  instantly as soon as he announces them.

For just $5 you can not only get access to multiple Discord channels. And you’ll also get his Market Roadmap indicator for TradingView. It’s the basis of many of the picks he recommends.
JEFFRY TURNMIRE
Cracking the Code: Understanding Algorithmic Trading Strategies
 

In the ever-evolving landscape of financial markets, algorithms have become the driving force behind trading strategies.

These intricate lines of code execute trades with astonishing speed and precision. But how do they work, and what are the common strategies they employ?

Algorithmic trading, often referred to as algo-trading, is the art of using computer algorithms to make trading decisions.

It's a far cry from the traditional image of traders frantically waving hand signals on a trading floor.

Instead, these algorithms operate silently, executing thousands of orders in milliseconds.

One key to understanding algo-trading is recognizing the inputs they rely on. 

These inputs can range from market data and price movements to economic indicators and news sentiment.

Algorithms process this data at lightning speed, identifying patterns, trends, and anomalies that may escape the human eye.

Common algorithmic strategies include arbitrage, and trend-following.

Arbitrage strategies exploit price differences between assets on different exchanges or in different markets.

Trend-following algorithms aim to capitalize on price momentum, entering or exiting positions as trends develop or reverse.

The sophistication of these algorithms is awe-inspiring. They can adjust strategies in real-time, responding to changing market conditions and news events.

It's a level of adaptability that human traders can only dream of.

But for all the great things they can do, algorithms are hardly flawless.

In fact, I discovered a flaw in a pricing algorithm that my followers and I have been exploiting for 15 months now. And you won’t believe the track record on this strategy.

I recently hosted a webinar where I shared insights about the specific pattern I've been using on this one ticker.

It's a remarkable achievement and proof that we can crack the code and thrive in the world of algorithmic trading.

If you’d like to hear more, I recorded a presentation for you. Just click here to watch it.

Hope you enjoy,

— Jeffry Turnmire

P.S. Remember: the bots may be fast, but they’re not flawless. And this strategy is proof that we can beat them. Did I mention that this strategy has gotten us 59 straight wins with 0 losses? Click here to learn more.
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