KNELSTROM OIL TRADING: WEEKEND WRAP — (16–23 MAY 2025)

​KNELSTROM OIL TRADING: WEEKEND WRAP — GONZO EDITION (16–23 MAY 2025)
"When the crude flows sideways, and the screens flicker with lies, only lunatics profit."

SOMEWHERE IN THE ENERGY DESERT...
​
The week started like a hangover from a ghost war — WTI limped across the charts like a bruised heavyweight, leaning against the 200 EMA as it owed him money. The RSI flickered in and out of consciousness, twitching around the 50-line like a junkie trying to stay clean. And yet — we traded. By God, we traded.
This was no week for cowards or purists. This was for the degenerate pip snatchers and the tactical oil rats—sweaty-fingered button-clickers who dance with volatility at 3 AM, half-drunk on caffeine and geopolitics.

THE TECHNICAL CARNIVAL

• 1H 200 EMA: A broken spine. Price flirted with it like a bored mistress—no commitment.
• Daily 200 EMA: Imposing. Untouched. Distant. A green serpent in the sky.
• RSI: 51.07 — just enough to get you high on false hope.
• ATR(7): Tame. A sleeping beast. 1H volatility at 0.23 was enough to give you motion sickness but insufficient to kill you.
• Candles: A freak show. No pattern stayed clean. One candle up, one candle down—like the market couldn't decide if it wanted to live or die.

TRADE TRACKING: BLOOD, SWEAT & PIPS

Let's break down the carnage:
AssetActionEntryExitPips
WT Buy 61.18 61.96 +78
WT Buy 60.20 61.00 +80
WT Buy 61.71 61.70 -1
WT Buy 61.86 61.66 -20
WT Buy 61.72 61.65 -7
WT Sell 61.64 61.68 -4
WT Buy 61.69 61.52 -17
WT Sell 61.54 61.61 -7
WT Buy 61.35 61.29 -6
WT Buy 60.76 61.59 +83
NG Buy 3.707 3.687 -20


WTI TOTAL:

+241 pips gained
-89 pips lost
= Net: +152 pips

NG TOTAL: -20 pips

Combined Weekly Haul: +132 pips
Not bad for a week with no clear gods—just fog and fear.

NOTES FROM THE TRENCHES

• The RSI lied.
• The crossovers were late.
• The Daily EMA glared down like a judge waiting for you to slip.
• The wins came from patience — the kind that breaks lesser traders.

Every pip was earned in blood. No handouts. There are no hero trades. Just grit and a bit of spite.

POLITICS, POWER, AND PETROCHEMICALS

Trump's hawks circled the world stage, cawing about energy dominance, nuclear dreams, and an end to empire-building. JD Vance gave speeches about pulling out of everywhere except Greenland and the market blinked. Crude yawned. Natural gas barely flinched.
But we saw it. We felt it. The next geopolitical gust could ignite this dead air. Watch the rig counts. Watch Iran. Watch LNG flows like your life depends on it — because your account probably does.

THE VERDICT

We're caught in a technical limbo.

• Trend? Dead.
• Momentum? Flickering.
• Volume? Like whispers in a padded cell.

Confidence Score: 60%
Setup: Moderate Long Bias with Aggressive Stops
Mental State: Coffee, paranoia, partial profit-taking.

NEXT WEEK'S ORDER OF BATTLE

• Load up for EIA Inventories on Wednesday — rig the charts like it's D-Day.
• OPEC whispers could wake the bulls.
• RSI breakout >55 on 1H = green light.
• Don't touch Natural Gas unless it begs you with volume.

​KNELSTROM COMMANDMENT FOR THE WEEK
"When the charts go flat, your discipline becomes the edge."
We ride again on Monday.

– KNELSTROM OIL TRADING
Sharpen the bias. Respect the madness.