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RBOB Gasoline FuturesRBOB Gasoline FuturesRBOB Gasoline Futures

RBOB Gasoline Futures

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RB1! trade ideas

RBOB GASOLINE FUTURES (MAR 2019), 1D, NYMEXTrading Signal Long Position (EP) : 1.4264 Stop Loss (SL) : 1.4061 Take Profit (TP) : 1.5075 Description RBH2019 Roll over from RBG2019 Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.4264) and place stop after 0.618 level (1.4061). Once the position was hit, place take profit before an agreement (1.5075) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.0001 = +-$4.2 Commission fee = -$2.37/std-contract EP to SL = $0 = -$852.6 Contract size to open = 3 standard contracts EP to TP = $0.1 = +$3,406.2 Expected Result Commission Fee = -$14.22 Loss = -$2,557.8 Gain = +$10,218.6 Risk/Reward Ratio = 3.97
NYMEX:RBH2019Long
by SuppasitWechprasit
RBOB GASOLINE FUTURES (FEB 2019), 1D, NYMEXTrading Signal Short Position (EP) : 1.4468 Stop Loss (SL) : 1.4677 Take Profit (TP) : 1.405 Description RBG2019 formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1.4468) and place stop after 0.618 level (1.4677). Once the position was hit, place take profit before an agreement (1.405) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.0001 = +-$4.2 Commission fee = -$2.37/std-contract EP to SL = $0 = -$877.8 Contract size to open = 3 standard contracts EP to TP = $0 = +$1,755.6 Expected Result Commission Fee = -$14.22 Loss = -$2,633.4 Gain = +$5,266.8 Risk/Reward Ratio = 1.98
NYMEX:RBG2019Short
by SuppasitWechprasit
RBOB GASOLINE FUTURES (FEB 2019), 1D, NYMEXTrading Signal Long Position (EP) : 1.4138 Stop Loss (SL) : 1.3935 Take Profit (TP) : 1.4949 Description RBG2019 formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.4138) and place stop after 0.618 level (1.3935). Once the position was hit, place take profit before an agreement (1.4949) Money Management Money in portfolio : $280,000 Risk Management (1%) : $2,800 Position Sizing $0.0001 = +-$4.2 Commission fee = -$2.37/std-contract EP to SL = $0 = -$852.6 Contract size to open = 3 standard contracts EP to TP = $0.1 = +$3,406.2 Expected Result Commission Fee = -$14.22 Loss = -$2,557.8 Gain = +$10,218.6 Risk/Reward Ratio = 3.97
NYMEX:RBG2019Long
by SuppasitWechprasit
RISING CHANNEL IN GASOLINE (TRAILS CRUDE OIL)No long explanation here, a rising channel in gasoline which will break to the downside so we are not yet cleared for bull trend just yet, same goes for crude oil as gasoline market trails crude, though sometimes ahead of crude in movement. HELPFUL VIDEOS TO TEACH YOU: www.youtube.com www.youtube.com DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT MY IDEAS, LIKE, FOLLOW & SHARE. ~ THANKS! ~
NYMEX:RB1!
by Dani0
LONG UGA @ $28.50 for Gasoline Futures bounce from $1.64Gasoline Futures (RBOB Gasoline Futures) likely counter trend bounce here off 200weekSMA support at $1.66 to reclaim long-term moving average support of 50monthSMA at $1.70, then rally to test 100weekSMA resistance at $1.80. Technical Analysis: - Gasoline Futures (RBOB Gasoline Futures) now testing long-term support of 200weekSMA at $1.66. - $1.66 also strong price support from Feb 2018 for potential double bottom pattern - Daily & Weekly RSI extremely oversold - Daily MACD record lows - 50monthSMA long-term support sitting at $1.70 to continue uptrend from 2016 lows - Potential bottom hammer candle on hourly chart today at $1.66 Fundamental Analysis: Over recent weeks, we have seen an almost perfect bearish storm in the Crude Oil market that sent the price of futures from a high of $76 to low of $61, a decline of about 19% in less than one month. Rising production, increasing inventories, a strong dollar, concerns over trade, and the realization that the sanctions on Iran include some exceptions, all led the price of the energy commodity lower in a dramatic corrective move. These factors have had a greater impact on its bi-product Gasoline, which is also undergoing a seasonal bearish period during the winter months. However, we feel this move has been overextended to the downside as there are still 3 fundamental reasons why oil is close to low and could spark a counter trend rally in Gasoline. - Turmoil in the Middle East could result in a decrease in production and rapid price increase - OPEC expected to cut production at their bi-annual meeting Dec. 6th - Pullback of USD from highs due to US election results could relieve some of the bearish weight on commodity prices - Demand for the energy commodity remains strong with increasing population and rising heating oil cracks
NYMEX:RB1!Long
by CashFlo_Trading
RDOB Gasoline showing an upward trend with LONG SIGNALSame strategy as the related ideas below. Currently reading a long signal. Is that because Winter is approaching in the northern side of the sphere? Strategy Refer to BTCUSD and TRNUSDT related ideas below for detail into strategy, which works well with only high volume/volatile coins. Summary: All indicators must cross to give a strong buy/sell signal i.e. fibonacci lines, bollinger bands , macd , rsi must be crossed simultaneously. PNL = +13.8% Max Drawdown = 0.2% !!! 2 closed trades in total spanning ~4+ months (over 3% profit a month) p.S. its a shame the graph above doesn't allow you to scroll back to view the whole range of time :(, but you can still view all the trades below
NYMEX:RBZ2018Long
by uahmad99
RBOB GASOLINE Future JUL18 (1d)Trading Signal Short Position (EP) : 2.0840 Stop Loss (SL) : 2.1017 Take Profit (TP) : 1.9881, 1.9002 Description RB formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (2.0840) and place stop after 0.618 level (2.1017). Once the position was hit, place take profit before an agreement (1.9881) and 1.9002 Money Management Money in portfolio : $80,000 Risk Management (2%) : $1,600 Position Sizing $0.0001 = +-$4.20 (Standard) Commission fee = -$2.47/contract (Standard) EP to SL = $0.0177 = -$743.40/contract (STD) Contract size to open = 2 standard contracts EP to TP#1 = $0.0959 = +$4,027.80 (STD) EP to TP#2 = $0.1838 = +$7,719.60 (STD) Expected Result Commission Fee = -$19.76 Loss = -$1,486.80 Gain#1 = +$4,027.80 Gain#2 = +$7,719.60 Total Gain = +$11,747.40 Risk/Reward Ratio = 7.90
NYMEX:RB1!Short
by SuppasitWechprasit