The Only Strategy You Need to Trade Oil

If you want to make money trading oil, there’s only one thing to watch… volatility… [Jeff Clark's Market Minute]( Jeff’s Note: As we speak, hundreds of companies are releasing their earnings reports every day... and their stocks are moving 10%, 20%, and even 30% overnight. That’s why yesterday, I hosted a [“Whiteboard Session”]( to show my readers a reliable strategy I use with my own money to capture these moves for triple-digit gains. If you missed this event, there’s still time to get access to my “Earnings Season Retirement Blueprint.” [Just click here]( to see how you can start collecting returns of up to 214%, 375%, and 543% – over and over – no matter what happens in the market. And continue reading below for my latest strategy on trading oil… --------------------------------------------------------------- The Only Strategy You Need to Trade Oil By Jeff Clark, editor, Market Minute The price of oil has been crushed. Two weeks ago, the black liquid gold was trading for more than $80 per barrel. But yesterday, it was below $68. The “experts” are telling us falling oil prices are discounting the possibility of a global recession. And in a recession, the demand for oil decreases. So, the lower price reflects that possibility. Maybe so. But a month ago, the price of oil was rallying. So does that mean the “experts” were predicting an expanding economy? I’m not sure following the experts is a good strategy for trading oil. In fact, forget about the experts. Forget about OPEC deals. Forget about inventory reports. Forget about the economy “opening up” or “shutting down.” If you want to make money trading oil, there’s only one thing to watch… volatility. Recommended Link [This trader’s best year was during the 2008 bank collapse. Watch him now.]( [image]( From 1990 to 2010 – when he was actively running hedge funds – this market wizard [never had a single losing year.]( And not only did he manage to turn a profit during the 2008 global financial crisis… 2008 was his fund’s best year. It made $95 million for its clients. So, if you’re looking for a new strategy to make big gains this year… after we’ve seen more banks collapse and volatility shoot up… Larry Benedict has come forward to share his secret to making millions. And how you can use it too. [Watch his video here.]( -- How to Trade Oil the Right Way As we’ve seen from its recent 15% slide, the price of oil is volatile. It often moves 3-4% in a day. It can swing 20% or more in a month. That sort of volatility can lead to huge profits if you know how to trade oil the right way – or painful losses if you don’t. Today, I’m going to share with you my favorite indicator to use for trading oil. We first looked at it back in [December 2021](. It has provided several excellent trading opportunities since then. Take a look at this chart of the CBOE Crude Oil Volatility Index (OVX) along with its Bollinger Bands… [(Click here to expand image)]( Similar to the stock market’s Volatility Index (VIX), the OVX provides buy and sell signals whenever the price of oil pops outside of its Bollinger Bands (solid blue lines). Bollinger Bands measure the most probable trading range for a stock or an index. When a chart pokes outside of its Bollinger Bands, it indicates an extreme move – one that is likely to reverse. On the OVX chart, we get buy signals when the index rallies above its upper Bollinger Band. We’ve had six buy signals (blue arrows) over the past year. The most recent buy signal was triggered yesterday. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. Here’s how the price of oil behaved following the previous five buy signals… [(Click here to expand image)]( The price of oil rallied immediately following all previous buy signals this year. The strongest signals, however, occurred when the Bollinger Bands on the OVX chart were in an expanded condition. Take another look at the OVX chart… [(Click here to expand image)]( The Bollinger Band width is noted at the bottom of the chart. And the blue arrows point to expanded conditions. Yesterday, the OVX chart triggered its first buy signal of 2023. And it’s occurring with the Bollinger Bands in an expanded condition. [Finally, gain financial freedom in 2023 using this method]( There’s no way to know for sure if this marks the start of a short-term or an intermediate-term rally phase for the price of oil. But based on the accuracy of this indicator, traders should be looking for higher oil prices over at least the next couple of weeks. Best regards and good trading, [Signature] Jeff Clark READER MAILBAG When do you think we’ll see oil’s next rally phase in 2023? Let us know your thoughts – and any questions you have – at feedback@jeffclarktrader.com. IN CASE YOU MISSED IT… [Is there a safe place to put my money?]( Millionaire investor Brad Thomas has discovered 500 of the fastest-growing companies in America in terms of revenue growth over the last 3 years, with growth starting around 200% and going all the way up to 87,037%. Even in the best years, gains like these have been almost unheard of, but Brad has identified 500 companies that are making money like crazy. All you need is this one ticker, and every time these companies make money, YOU make money. Today, tomorrow and for the rest of your life. [To learn more, watch his latest video here now.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2023 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](