Category Archives: Blog

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What is ALGO TRADING PROCESS

Algorithm trading is also known as automated trading, black-box trading, or algo-trading. It uses a computer program that follows a defined set of instructions to place a trade. The trade will be able to generate profits at a speed and frequency that is impossible for a human trader.

The instructions should be based on timing, price, quantity, or any mathematical model. Along with profit opportunities, algo-trading gives markets more liquid and trading more systematic by doing away with the impact of human emotions on trading activities.

mt4 auto robot software - algo trading in mcx commodity india

Benefits –

  • Most of the trades sell at the best possible prices.
  • The trade order placement is quick and accurate (there is a high chance of execution at the desired levels).
  • Trades are on time and instantly in order to avoid significant price changes.
  • Reduced transaction costs.
  • It provides the option of simultaneous automated checks on multiple market conditions.
  • It reduces the risk of many pertaining errors when placing trades.
  • Algo-trading can be backtested by using historical and real-time data that is available to see if it is a viable trading strategy.
  • It reduces the possibility of mistakes by human traders based on emotional and psychological factors.
  • Almost all the algo-trading today is based on high-frequency trading. It attempts to capitalize on placing a considerable number of orders at rapid speed throughout multiple decision based on various markets and parameters that are also pre-programmed instructions.

Process-

One can quickly start the Algo trading in their trading pattern by following simple steps. First one needs to create or formulate a strategy which would do the auto trading. All auto trading works on the MT4 platform. One should research and formulate the strategy with an aim to get the highest possible profits. Once the strategy is complete, the procedure needs to be coded accordingly. Then comes the ‘examining’ part.

Backtesting always helps the trader to check if his/her strategy is full proof or not. Through backtesting, the process checks much historical data with the help of the strategy formulated. Without verifying with past data, the strategy has the possibility of being failed.

Algo trading is useful in many forms that include-

  • Many Mid- to long-term investors like pension funds, mutual funds, insurance companies use algo-trading to purchase stocks in vast quantities when they do not aim to influence stock prices with discrete, large-volume investments.
  • Loads of short-term traders and sell-side participants like brokerage houses,speculators, and arbitrageurs also depend on this for trade execution.
  • Systematic traders like trend followers, hedge funds, or pairs traders also use algo trading in order to program their rules of trading and let the program trade automatically.

Technical requirements-

  • Sound Computer-programming knowledge to program the required trading strategy, hired programmers, or pre-made trading software.
  • Robust Network connectivity and access to trading platforms to place orders.
  • Access to market data feeds are generally checked through the help of this algorithm for opportunities to place orders.
  • This also comes with fantastic ability and infrastructure to backtest its own system. Once it is complete even before it goes live on real markets.
  • The Available historical data for backtesting depends on the complexity of rules implemented in the algorithm.

Advantages

  • With algo trading, the algorithnm plays the main. So, there is no place for human emotions. As there are no emotions on the place of trading, traders can feel the ease while trading. As the computer moves the test only, the trader cannot hesitate or question the trade.
  • It allows the trader to trade at his own comfort. Traders do not have to sit in front of their computers all the time to execute the trade.
  • The algo trade would help the trader in placing his own orders with the help of the strategy. This also helps in fixing certain trades so traders’ sleep won’t be disturbed.Managing various trade and positions is a massive task for traders.
  • With the help of algo trading, one can easily place multiple orders and manage them as per the strategy fixed. You can quickly achieve diversity through algo trading. It can surely benefit the trader with huge profits as well.

Conclusion

Algo trading can introduce a discipline that is necessary for trading. After a few failures and losses, traders usually divert from their strategy. But, algo trading will omit the emotion part and help the trader to place the right order at the right time.

 


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All you need to know about Expert Advisors

popular mcx mt4 auto trading software in india

What are Expert Advisors?

Expert Advisors (EAs) are a couple of software running on the Meta Trader Platform. It can just advise traders on which trade needs to be done. Through this, it also can be programmed to execute the trades automatically. Once the position gets fixed, the expert advisor can add close conditions including stops, trailing stops, and limits.

This software is very flexible which can take any information into account that is available on the Meta Trader platform. A proprietary programming language called Meta Quotes Language Version 4 is present while completing this program.

How it Works?

EAs work by letting you decide the parameters through which you can find opportunities and even open and closed positions. This can also be completed by using the use of a set of yes/no rules to trigger trading decisions. The trader himself can set the EA’s parameters, or you can also import them from someone other pre-build design.

By analyzing numerous yes/no rules into a complex mathematical model, EAs make sophisticated trading strategies by utilizing computational strength to make decisions and act on them instantly.

Why Expert Advisory is Popular-

People often love to have money which will be used to make more money. It can only happen when you are utilizing your investments in the market in open positions. And the gains are either withdrawn or used to open larger or more profitable positions which may make more money. With the help of EAs, there exist loads of yes/no rules that trigger a trade to open or close.

  • Saves Time:

EAs also save a lot of time for the trader. An already programmed EA can monitor hundreds of markets, which implies you don’t have to watch price movements all the time in a day in order to find new opportunities. You can also decide how much time you dedicate with the help of EA in a particular task.

  • Not emotional

EAs also help to trade with no emotions. Emotions often encourage the traders to hold on to a losing trade for longer than you should as you cannot realize the loss, or dive into a reckless trade too quickly, riding high off a big win.

  • Flexibility:

EAs also give the flexibility to trade using MT4. It takes lots of information into account like price movements, economic announcements, technical indicators or even your current available balance.

  • Backtesting:

It also allows traders to backtest. In order to prepare a strategy, traders often learn from history. This can also implement Historical steps in order to check whether the steps are profitable or not. One can easily do this without losing anything. Backtesting is nothing but running one strategy against a chunk of real historical data and seeing how it performed. It helps to weed out any issues before they end up losing you real money.

  • Great Accessibility:

The accessibility of EAs is also one of the most significant factors. One can easily build his strategy or directly can export the strategy from someone else. By importing one can get the critical ideas of trading pattern and it would need simple tailoring.

Is there any Risk in Expert Advisory?

There are multiple inexpert advisors present. They cannot be as true and profitable as they claim. Before buying a ready made EA, one needs to be very careful and do his/her own research. A ready made As EA can only help a specific group of traders changes is done accordingly.

There is a definite lack of human touch. And EA can be complete with all the good and profitable norms, but it can never surely beat the human brain. The complete absence of human emotion is also bad for the trading career.

The EAs can run on MT4 platform, which you have to install before utilizing this program. Which means you can only use it from the device it is present on. Thus, the EA can only run when the PC is on.

Virtual Private Servers (VPS)-

A VPS is an online version of the MT4 platform which allows the EA. The online version is hosted on an external server, enabling your EAs to operate even when your computer is switched off. Through it, you won’t have to stay with a computer always.

One can easily his own EA or directly can download someone else’s model. Whatever the way might be, it surely needs back testing, so that you can reap maximum benefits out of it.


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Best MCX Commodity Strategy Amibroker AFL – Intraday Positional

BEST MCX COMMODITY INTRADAY AFL

 

// Downloaded From www.crudeoperator.com
TimeFrameSet(inDaily);
DayHigh = LastValue(H);
DayLow = LastValue(L);
TimeFrameRestore();

Title = Date() + “, Op=” + Open + “, Hi=” + High + “, Lo=” + Low + “, LTP=” + Close + “, Change= ” + SelectedValue( ROC( C, 1 ) ) + “%” + “\n Today`s High=” + DayHigh + “, Today`s Low=” + DayLow + ” © PRIME SYSTEM” ;

prev=AMA2(C,1,0);
d=IIf(C>Ref(Max(Max(H,Ref(H,-20)),Max(Ref(H,-10),Ref(H,-15))),-1),Min(Min(L,Ref(L,-20)),Min(Ref(L,-10),Ref(L,-15))),
IIf(C<Ref(Min(Min(L,Ref(L,-20)),Min(Ref(L,-10),Ref(L,-15))),-1),Max(Max(H,Ref(H,-20)),Max(Ref(H,-10),Ref(H,-15))),PREV));
a=Cross(Close,d);
b=Cross(d,Close);
state=IIf(BarsSince(a)<BarsSince(b),1,0);
s=state>Ref(state,-1);
ss=state<Ref(state,-1);
sss=state==Ref(state,-1);
col=IIf(state == 1 ,51,IIf(state ==0,4,1));
Plot(C,””,Col,64);
Buy = s;
Sell = ss;
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes(shape, IIf(Buy,colorGreen,colorRed), 0, IIf(Buy,Low,High));
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-10);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-20);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-15);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=20);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=30);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-25);
//WriteIf(s,”EXIT all Short positions\nif trading long positions, enter long Now-\nOR at the market price on tomorrow’s Open with stop=”+EncodeColor(4)+WriteVal(L+.75*ATR(5),1.4)+” ,”,””);
//WriteIf(ss,”exit all long positions today with a Market On Close (MOC) order\nOR at the market price on tomorrow’s Open with stop=”+EncodeColor(4)+WriteVal(Ref(H+.75*ATR(5), -1),1.4)+”,”,””);
//WriteIf( sss ,”No trading signals today.”,””) ;

dist = 0.8*ATR(10);
dist1 = 2*ATR(10);
for( i = 0; i < BarCount; i++ )
{
if( Buy[i] )
{
PlotText( “\nBuy:” + L[ i ] + “\nT= ” + (L[i]*1.005) + “\nSL= ” + (L[i]*0.9975), i, L[ i ]-dist[i], colorGreen, colorWhite );
}
if( Sell[i] )
{
PlotText( “Sell:” + H[ i ] + “\nT= ” + (H[i]*0.995) + “\nSL= ” + (H[i]*1.0025), i, H[ i ]+dist1[i], colorRed, colorWhite );
}
}

Filter = s OR sss OR sss ;
AddColumn(C,”close”,1.2);
AddColumn( IIf( s, 66,1 ), “buy”, formatChar, 1, bkcolor =IIf (s,colorYellow, colorPink ));
AddColumn( IIf( Ss, 83,1 ), “sell”, formatChar, 1, bkcolor =IIf (Ss,colorPink, colorWhite ));
AddColumn( IIf( sss, 87,1 ), “wait”, formatChar, 1, bkcolor =IIf (sss,colorYellow, colorRed ));

_SECTION_BEGIN(“swing1″);
no=20;
res=HHV(H,no);
sup=LLV(L,no);
avd=IIf(C>Ref(res,-1),1,IIf(C<Ref(sup,-1),-1,0));
avn=ValueWhen(avd!=0,avd,1);
supres=IIf(avn==1,sup,res);
a=Cross(C,supres);
b=Cross(supres,C);
style = a * styleStaircase + b * styleStaircase;
PlotShapes(a,style, IIf(a,colorGreen,colorRed), 0, IIf(a,Low,High));
Plot(supres,”Swing”,colorYellow,styleStaircase);
_SECTION_END();

_SECTION_BEGIN(“trend”);
uptrend=PDI(20)>MDI(10)AND Signal(29)<MACD(13);
downtrend=MDI(10)>PDI(20)AND Signal(29)>MACD(13);
Plot( 2, /* defines the height of the ribbon in percent of pane width */”ribbon”,
IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */
styleOwnScale|styleArea|styleNoLabel, -0.5, 100 );
_SECTION_END();

Buy = s AND a AND uptrend ;
Short = ss AND b AND downtrend ;
Sell = ss AND b AND downtrend ;
Cover = s AND a AND uptrend ;

Buy=ExRem(Buy,Sell);
Sell=ExRem(Sell,Buy);
Cover=ExRem(Cover,Short);
Short=ExRem(Short,Cover);

Filter=Buy OR Sell;
Filter= Cover OR Short;

AddColumn( Buy, “Buy”, 1);
AddColumn(Sell, “Sell”, 1);
AddColumn(Close,”Close”,1.2);
AddColumn(Volume,”Volume”,1.0);

// Plot the Buy and Sell arrows.
shape = Buy * shapeUpArrow + Sell * shapeDownArrow;
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-10);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-20);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-15);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=20);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=30);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-25);

//plot volume graph
_SECTION_BEGIN(“Volume”);
Plot( Volume, _DEFAULT_NAME(), ParamColor(“Color”, colorLightGrey ), styleNoTitle | ParamStyle( “Style”, styleHistogram | styleOwnScale | styleNoLabel, maskHistogram ), 2 );
_SECTION_END();

// set background gradient colours
SetChartBkGradientFill( ParamColor(“BgTop”, ColorRGB( 172,172,172 )),ParamColor(“BgBottom”, ColorRGB( 102,136,187 )),ParamColor(“titleblock”,ColorRGB( 255,255,255 )));

GraphXSpace = 5;

 

 

Declarer :  www.crudeoperator.com does not take any responsibility for AFL strategy it’s quality. If you use any of this information, use it at your own risk. You are responsible for your own trading decisions. Be sure to verify paper trading , and is applicable to your particular trade.


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MCX Crude Oil Strategy for Amibroker (AFL) – INTRADAY – POSITIONAL

// Downloaded From www.crudeoperator.com
_SECTION_BEGIN("Reverse 10 EMA Strategy");
SetBarsRequired(100000,0);
GraphXSpace = 15;
SetChartOptions(0,chartShowArrows|chartShowDates);
SetChartBkColor(ParamColor("bkcolor",ColorRGB(0,0, 0)));
GfxSetBkMode(0); 
GfxSetOverlayMode(1);
SetBarFillColor(IIf(C>O,ParamColor("Candle UP Color", colorGreen),IIf(C<=O,ParamColor("Candle Down Color", colorRed),colorLightGrey)));
Plot(C,"\nPrice",IIf(C>O,ParamColor("Wick UP Color", colorDarkGreen),IIf(C<=O,ParamColor("Wick Down Color", colorDarkRed),colorLightGrey)),64,0,0,0,0);
 
SetPositionSize(2,spsShares);
par1 = Optimize("par1",10,5,50,1);
A = EMA(C,par1);
Buy = Cross(A,C);
Sell= Cross(C,A);
 
Short = Sell;
Cover = Buy;
 
ApplyStop(stopTypeLoss, 
         stopModePoint, 
         Optimize( "max. loss stop level", 58, 50, 300, 1 ), 
         True ); 
Plot(A,"EMA10",colorRed);
 
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);                      
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); 
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);                      
PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);
_SECTION_END();

 

 

 

 

Declarer :  www.crudeoperator.com does not take any responsibility for AFL strategy it’s quality. If you use any of this information, use it at your own risk. You are responsible for your own trading decisions. Be sure to verify paper trading , and is applicable to your particular trade.


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MCX Crude Oil Expert

Introduction:

It’s the 21st century; life is fast-paced. Everyone wants to make a quick buck. This mentality brought back a long lost way of trading. The barter system was redesigned and modernized. The flaws phased out and wrinkles ironed out, the barter system became commodity exchange. It started in the early 1900s with farm animals and agricultural goods. But, ambitious entrepreneurs saw an opening and made strides in the 1950s to bring this market to the precious metals industry.

With the end of World War 2, all the countries were devastated, and everyone needed essential resources. The victorious countries had the reprieve that the nations on the losing end had to pay them war reparation funds, but that was going to come over time. With inventions and factories on an explosive rise there came a need for crude oil in astounding proportions. Adding crude oil to the commodity exchange market was a masterstroke which gave the entrepreneurs huge profits.

About crude operator:

Our website focuses on providing MCX Crude oil Tips to traders for the crude oil commodity exchange industry. With experts who offer 100% of the best tips for small low risk taking traders to the traders who like to make huge investments. With a 75% of success rate it becomes easy to gain the investor’s trust. Though only gaining confidence is not enough the team at crude operator are dedicated enough to get into the good books of every client. A crucial ideology that they follow is the use of Stop-Loss.

The idea behind Stop-Loss is that it is an effective way for the client to lose as little money as possible on the trade he is going to make. With a 92% success rate, there is an 8% of trades which suffer losses, but the team at crude operator ensures that even though the trade is a loss on paper, the client loses the least amount he can. The Crude Oil industry is not for the traders with a faint heart. The investments need to be of a significant amount and losses can be substantial. Buy with an expert by your side and calculated Best Crude oil Tips which would surely ensure that your investments give you profits. Being the No. 1 MCX crude oil tips specialist in the country, any first-time investor can rest assured that his investment is going to deal him nothing but benefits.

Why you should trust us?

Also, having a 100% result oriented services all the other small doubts that any trader could have been explained away. The main area of concern for crude oil trading is that being the most sought after raw commodity, it is affected by lots of external factors. Any economist or trader can give suggestions on how to trade in crude oil, but the experts at crude operator stand apart due to their accuracy and constant research

No Free Lunches:

“There are no free lunches in the world,” this extremely popular quote is significant in the business sector more than anything. Everything has a catch. This quote is related to crude operator too. But for the crude operator, this means that they do not offer their services for free to anyone. Even the trial period is in a paid format where they almost guarantee that you would have profits.

The team of crude operator also have a service which is called intraday trading tips. Intraday trading means buying of a particular commodity and then selling the merchandise the very same day. By successful doing intraday trading. The client can end up with 5-10% more money than he invested at the start of the day. To keep their methods in regular check the team of the crude operator has feedback’s and customer reviews. Which help to enhance their strategies. Becoming India’s best crude the best MCX Crude oil Tips specialists was no easy task. But now the team of the crude operator has set their sights on becoming the best in the world.


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Christmas discount offer – Crude Operator

CRUDE OPERATOR Mumbai TEAM WISH YOU Merry Christmas

1st Time Christmas Offer

RS. 5000 #DISCOUNT mcx crude oil special Christmas discount offer

  • 100 % MCX CRUDEOIL INTRADAY TIPS PROVIDER

  • CRUDE OIL OPTION TRADING FOR WEEKLY GUIDANCE

  • BEST HNI CRUDE OIL CALLS

  • ONLY EXPERT IN CRUDE TIPS

  • CRUDEOIL FREE CALLS GUIDANCE

 

WHY CRUDE OPERATOR ?

We are best for you loss recover.

daily 100% crude oil intraday tips.

Live Market Calls Provider.

Single Stop-loss Target in Crude Oil.

Crude Operator Team give you best support via Calls and SMS.

Check our Crude Oil Intraday Package.

Calls Us : 9022610061


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MCX Crude Oil Tips Specialist – CRUDE OPERATOR

Crude Oil Tips Specialist

Trading in the Multi commodity exchange market is in the trend these days. Though risky, it provides rich dividends to people with the right knowledge. Yes, proper knowledge is the inevitable thing here. Without this, your full investment may go in vain. Trade in the MCX has many commodities in its bucket, like Gold, Copper, Aluminium, and Crude Oil as well.

Crude oil is much of importance not only in monetary terms but also in country’s affairs as well. Much of the conflict in today’s world is due to the ownership of Crude Oil wells. Oil has become inevitable in today’s world. So, trading in crude oil has attracted much attention due to its value. As described it’s also high paying.

MCX Crude Oil Tips Specialist

Things you Should Know About us:

We are the No.1 crude oil tips specialist in India delivering 100% result oriented services to our esteemed and important clients which range from large to small traders. We provide well-researched crude oil tips specialist tips for MCX trading and updating the information in commodity markets is our vital task. Our valuable tips and well-researched calls assist the trader to earn money most reliably. You can get valuable MCX crude oil tips specialist regularly from our experts. To maintain client satisfaction, we deliver top quality Customer feedback and grievance support. We offer realistic MCX trading suggestions and guidance for a safe trading strategy so that your money remains secure in the market. With us, you can are sure to transform your day at trading into decent profit earnings with minimum risk and successful trading career. Crude Oil is one of the most sought-after raw material for trading.

The crude oil in MCX is one of the highest volatile scripts in the commodity market. The crude oil trading is more volatile than the other script because of less margin and highly influenced by external factors. The tips for crude oil in the MCX are provided by many tips providing firms and brokerage firms. Everyone can give suggestions for crude oil, but its accuracy is what makes us different.

Our accuracy for crude oil?

We are providing free crude oil reports on a weekly basis, Intraday crude oil tips specialist through calls and live levels by SMS for all through our website Commodity Options Trading and Tips.

We have a special team for analyzing the trend of today market from the previous day’s closing market, world commodity market which is essential in crude oil, world commodity market news and events and years of historical charts. Then, the experts finalize the trend of the crude oil market with the help of many tools and history sheets and provide the reports and live levels before the market opens, so that we are ready before it demands.

Why Choose Us?

  • Constant touch with the clients through SMS and calls
  • Status update through calls
  • Our success rate is second to none.
  • Coming with a team of experienced and professionals we provide top-notch services.
  • Being a crude oil tips specialist, we provide highly accurate Intraday tips.
  • We provide technical analysis as well on your phone by SMS
  • Dedicated to assure and protect your Capital
  • We offer Weekly summary sheets

Crude Oil Tips from Specialist

Crude oil trading is very different from currency trading. There are many aspects including fundamental analysis to trade in crude oil. The important tip we would like to share is to sign up for our commodity tips provider service. In order to avoid researching and analyzing charts. But if you really want to plan a strategy to maximize your profit in the MCX crude oil, then you have to get these points seriously.

  1. Trade in Prime Time Only, so that losses are minimized
  2. Weekly Inventory Report/ monthly reports
  3. Your profit target
  4. Precision in the Trade Placement
  5. Range Bars, Renko Bars, Tick Bars. Just remember, most important is the Tick Bars
  6. Dive In, Get Out, Do it Correctly ( You need to be quicker at the time of placing an order, the market is not going to wait for your call)
  7. And the most important thing The Power of Quitting (first thing never over trade)
  8. Just remember to avoid the trap. If you are gaining small, have it and quit, because you can always trade it again next time.

Conclusion

Providing you with the best knowledge was our only motto. By this time, you must have been acquainted with every nitty and gritty of the MCX market. We are the Crude oil specialist you can bank upon. We will never let you down.


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Why is it essential to follow crude oil inventories ?

What’s the gist?

Once every week, The Energy Information Administration gives us an insight into what the future hold regarding crude oil. This is determined by releasing the crude oil inventory numbers. There are a lot of people and trackers who are very much interested in this information because the volume of oil that the commercial companies possess in their inventory impacts the price of oil for consumers in a comparatively predictable way

What is the COI number?

The Crude Oil Inventory number lists out the amount of crude oil the private and commercial firms have in their inventory possessions. These firms are required to report their levels of crude oil inventory to the Energy information Administration every week, but the EIA makes the final estimates to arrive at an approximate number.

How are crude oil inventories significant?

It is a known fact that the oil prices determine the underlying health of the country’s economy and that it cannot be underestimated. Below are some of the reasons why Crude Oil Inventories are important:

Price Determiner:

Inflation is directly proportional to oil prices. That means that when oil prices go up, inflation goes up and vice versa. Oil is a non-renewable resource that is a basic need for the operation of the economy. From manufacturing to heat to transportation, we use oil for everything. So, the price of crude oil usually determines the prices of other related products. For example, If the prices of the oil rise, the prices of consumer products and transportation rises and hence the overall cost of living increases by the same margin. In the US, during the time of inflated oil prices, the Federal Reserve even adjusts their rates to stop further inflation from happening. This is just one example of how much oil is interrelated with the overall economy of the US

Trading Benefits

There has been a significant rise in the practice of quantitative and algorithmic trading. This basic principle here is always to understand the way oil prices increase or decrease and the factors that are responsible for that. EIA provides the weekly data which provides lots of beneficial points that can help us understand the current condition of US oil supplies. Traders and trackers must also observe the international policies and politics to see if your government is exercising control over the oil prices and the production quotas. These governmental policy changes can profoundly impact the oil demand and supply rate.

However, one significant challenge that arises out of analyzing the perspective of energy markets is that the supply and demand of oil and affected by countless factors that cannot all be observed at the same time. Some of them include seasonal elements, geopolitical tensions, and even world events.

Which oil stocks you should observe?

The Crude Oil Inventory number is very significant for stakeholders in huge oil companies. Because this has the power of solely determining the rate at which it drops or rises. If you observe that the Crude Oil Inventory number is increasing, it is actually a bad sign for oil companies. And it will negatively affect the prices of the stocks. Because the shareholders usually tend to make more money when the crude oil prices are high. If the numbers are falling, it is a good sign for the oil companies. And as a result, will have a positive impact on the stock prices

Here are a few of the oil companies you should observe as a tracker or a trader:

  • Exxon Mobil Corporation (NYSE: XOM)
  • Chevron Corporation (NYSE: CVX)
  • PetroChina Company Limited (NYSE: PTR)
  • BP plc (NYSE: BP)

There are many factors when it comes to trading oil. But it only requires a little patience and insight and preparation. In order to ensure that you garb all the opportunities that the current market provides you with.

Conclusion

In conclusion, Crude oil is a significant determiner of many items as it is the number one source of energy globally. If the price of crude oil increases, it can virtually affect anything and everything that we buy. Crude oil prices affect the inflation rates, economy, and even the currency exchange market rates.

Check  Live MCX Crude Oil Inventory Report


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MCX Crude Oil Trading Tips

Crude oil is one of the most popular and most demanded commodity in the world. Crude oil is the essential commodity that has been mostly traded in the MCX commodity market in India. And the process of buying and selling crude oil by its commodity market is known as MCX Crude Oil Trading. The crude oil market is not just a simple high liquidity market. But it is one of the most favorable markets that experienced traders like to trade upon to find profit. The crude oil marketing helps you to gain and find more scope. It is also one of the best options if you want to get success in the commodity market.

At sometimes, it is tough to even for an experienced trader to trade in an overcrowded market, in such case it is essential that you follow some crude oil trading strategies to overcome the situation and to find profit.

mcx crude oil tips today

 MCX Crude Oil Trading Tips

Initially, you must be aware of the oil price action and have an in-depth knowledge over it. The crude oil market is always sensitive towards the risk management factors. It is vital that you keep an eye on the oil output and consumption output.

The traders should be more careful while making a trade in crude oil that they should always rely on the economic factors, which have a reversible action on the MCX stock rate of crude oil. At recent times, the price direction of the crude oil in the commodity market has diverted and affected by the economy of the world.

As the crude oil market is directly related to the economy of our country, the traders should be more cautious about the price rises and falls, because the loss in crude oil market positively affects the economy of the world market.

Best MCX Crude Oil Trading Tips

This article provides you the relevant ideas and tips to make your crude oil trading successful. Some important MCX Crude Oil Trading Tips to be followed to get success at the commodity market:

  • The traders should take their position in the beginning session of the market in the daytime because the volumes of the stock and the price movements are high at that time.
  • Set your strategies and realistic goals that would help you to achieve success in the commodity market.
  • You should have the skills to understand money management, so that it would be easy for you to accept the losses even in an optimistic manner.
  • Have a complete analysis of the stock rates in the crude oil market.
  • Always set a unique strategy that helps you to remain calm. And at the same time keeps you more attached to your trade.
  • Money Managers make sure about the capital or interest that you are going to invest in your trading; it should neither be higher nor be too less. Invest only the required amount of money to rely on the safe zone.
  • Master the trading methods Implement the technologies that would help you to move to the next level and have a complete analysis of the market skills to become a master of the crude oil trade.
  • Risk Management Investors must be more careful while investing; they must spend only what they can afford to leave. You must learn to manage the balance of your trade, the proportion of gain and loss.
  • We have Special Crude Oil Service Package for HNI Clients.
  • Our Company CrudeOperator only work for Crude oil Trading Tips.

Conclusion

MCX daily updates, live rates, and the quick updates make you stay interconnected with all the changes in the crude oil trading market. Crude oil trading has become a fascinating way to find the great profit in the commodity market.


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MCX Crude Oil Technical Report

MCX CRUDE OIL Technical Outlook:

dt : 21/11/2018

MCX Crude Oil Futures Technical Chart has taken the formation of “Right angled Ascending broadening wedge” pattern in daily time frame. Previously few sessions ended up bearish in trend after few consolidations inside the channel. As per the technical aspects based on the current price action, the market is expected to continue on bearish trend. The continuation of the trend will be conformed once the prices breaks below a key support holding at 3780. The  negative rally could be testing all the way up to 3700- 3600 levels in the upcoming sessions.

An alternative scenario indicates that if the key support zone holds strong then the market might have a chance to retest the same and revise the trend to bullish once again. such reversal could possibly test up to 3900 – 3960 and furthermore levels. key resistance holds at 3960.

For More Info Check Our Live MCX Crude Oil Inventory Calls.

 


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