Factor Update, January 4, 2020
This content is for members only
Tag Archive for: RB Gas
Some Energy
Here are just a couple of sample Energy possibilities from the past weekend member report.
IPE Gas Oil
The daily chart of Apr Gas Oil (diesel) completed a H&S bottom on Wednesday. Factor is long. I entered this market because its horizontal neckline and right shoulder were clearer than the necklines and right shoulders on the Brent and WTI charts.
RB Gas
I bought RB for the Factor Prop Account.
Brent Crude
Different charting techniques can provide slightly different tactical implementation. The RealRange neckline (red) was violated on Wednesday, the H/L/C chart on Thursday. Factor is flat.
Factor Membership
.
Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:
Trading Commodity Futures with Classical Chart Patterns: A free PDF copy of Peter’s classic out-of-print bookWeekend Update: 10-16 pages full of in-depth chart analysis and charting commentaryAlerts: Detailed information on specific charts as unique opportunities present themselvesMarket Commentaries: Communications on specific topics regarding market speculation and trading distributed periodicallyWebinars: Monthly member-only webinars where Peter speaks about current conditions and fields member questionsKnowledge Center: Fast and easy access to current and archived content from Peter’s extensive library of contentAutomatic notifications: Email and social media notifications are sent out when new content is published.
View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.
Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.
I hope you will consider joining the Factor community.
###
Factor Update, February 16, 2019
This content is for members only
Factor Update, February 9, 2019
This content is for members only
Factor Update, August 18, 2018
This content is for members only
Factor Update, July 29, 2018
This content is for members only
Factor Update, June 25, 2017
This content is for members only
Crude Oil Descending
Crude Oil Descending
Crude Oil is descending out of a triangle pattern. The daily graphs show clear signs of topping in the energy markets. The daily graph of Sep RB Gas has completed an 11-week H&S top pattern with a target of 1.3237.
A couple of observations on daily continuation graph (true range) of Crude Oil are worthy of note. First, the 5-month up channel from the late Jan lows has been clearly violated. The breaking of an advancing trendline (lower boundary of a channel) is never a bearish signal in and of itself. Trendline breaks are simply an indication that the behavior of a market is changing. Second, the Crude Oil decline on Jul 7 completed a small descending triangle top with a target of 43.65, then 41.09. Factor is short Crude Oil.
Factor Membership is now available where trade setups such as Crude Oil are just one of numerous themes in focus each week. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work. Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.
I hope you will consider joining the Factor community.
###
Factor Update – July 10, 2016
This content is for members only
Factor Update – July 3, 2016
This content is for members only
Peter Brandt’s Charting Tool
Peter’s Crypto Coverage
