How Do You Trade Oil Price with Different Chart Time frames?

Crude Oil Price Charting on Different Chart Timeframes

Oil traders using technical analysis use oil charts to try & attempt to predict the movement of crude crude oil trading price on the crude crude oil charts.

Traders will sometimes use 2 or more oil chart time frames so as to determine the long term oil trend and short term crude oil trend.

How to Define A Oil Price Trend

Using a oil system that has Three indicators – Moving Average Crossover System, RSI & MACD and using simple rules to define the crude oil trend. The trading rules are:

Upward Oil Trend

Both MAs Moving Up

RSI above 50

MACD Above Centerline

Downward Crude Oil Trend

Both MAs Moving Down

RSI below 50

MACD Below Centerline

The oil traders using different oil chart time-frames will need to test-out various oil chart time-frames so as to determine the best chart time-frame for them to trade.

Multiple charts timeframes analysis equals using 2 chart timeframes to trade oil - a shorter one used for trading and a longer one to check Oil trend.

Since it's always good to follow the trend, in Multiple Time Frame Analysis, the longer timeframe gives us the direction of the long-term trend.

5 Minutes Crude Oil Chart Time-Frame

5 Minutes Crude Oil Chart Timeframe – How Do You Trade Oil Price with Different Chart Time frames?

1 H Crude Oil Chart Time-Frame

1 H Crude Oil Chart Timeframe – How Do You Trade Oil Price with Different Chart Time frames?

4 H Crude Oil Chart Time-Frame

4 H Crude Oil Chart Timeframe – How Do You Trade Oil Price with Different Chart Time frames?

Weekly Crude Oil Chart Time-Frame

Weekly Crude Oil Chart Timeframe – How Do You Trade Oil Price with Different Chart Time frames?