Dani0

Best tools to trade Heating Oil

NYMEX:HO1!   Futures NY Harbor ULSD
Been doing some research the past week to test different tools to read this market and so far ichimoku and the CM_ULTIMATE_... (long name, created using combo of multiple tools) work the best.... Also i see the MACD helps along too but most definitely not needed but helps confirm signals but not as good as the other 2 on this market imo.

Entered the market a week ago with a buy and was able to contineously follow market trend until today when signal seemed to indicate it's time to bail. Just look at the screenshot of my chart. You can get a free trial with tradingview to have access to all tools and make some money to upkeep your subscription.

If you know ichimoku then you should be able to see how it very well depiects trend and when to exit and should be able to see the CM_ tool changing in color to depiect when going bull and bear.

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