Trading Oil Using Volume Price Analysis on NinjaTrader
Trading oil using volume price analysis (VPA) on NinjaTrader offers a clear edge. Oil is volatile and news-driven. VPA cuts through noise. It combines price action with trading volume. This reveals true market intent in crude futures.
With the US indices moving sideways ahead of the debate between President Trump and his rival Biden, we turn to crude oil futures and the WT contract to find an excellent trading opportunity in the form of a reversal on the intra day charts. The buyers step in on the move lower with stopping volume and so creating the reversal in trend.
Key VPA Signals for Oil
Look for high volume on breakouts. This shows conviction from institutions. Low volume on moves warns of traps. Accumulation at lows signals buying. Distribution at highs flags selling pressure. Quantum indicators on NinjaTrader highlight these phases visually.
Practical Tips on NinjaTrader
NinjaTrader’s charting integrates VPA perfectly. Use the Accumulation/Distribution indicator for building phases. Trend Monitor keeps you in sustained moves. Add Volume Point of Control for key levels. Anna Coulling’s methodology applies VPA to commodities like oil for disciplined entries.
This approach turns oil’s volatility into opportunity. Volume price analysis on NinjaTrader delivers consistent results. Start applying it for confident crude trading.
WTI Crude Oil Futures: Contract Details, Top Producers, and OPEC Supply Management
WTI (West Texas Intermediate) crude oil futures are a benchmark for global energy trading. Traded on the CME (NYMEX), they offer exposure to oil prices. Volume price analysis (VPA) helps traders navigate volatility. Quantum indicators on NinjaTrader enhance signals.
The WTI Futures Contract Explained
The standard WTI contract is 1,000 barrels. Symbol /CL. Tick size 0.01 ($10 per tick). Delivery point: Cushing, Oklahoma. Most traders close before expiration—cash-settled profit/loss.
Micro version (/MCL) is 100 barrels—lower risk for retail. High liquidity means tight spreads. 24/5 trading aligns with global events.
VPA shines here—high volume on moves confirms conviction. Low volume warns of traps.
Biggest Oil Producers
Top producers (as of 2026 estimates):
- United States: Largest (~13 million bpd, shale-driven).
- Saudi Arabia: ~11 million bpd (OPEC leader).
- Russia: ~10-11 million bpd (OPEC+ ally).
- Canada: ~5-6 million bpd (oil sands).
- Iraq: ~4-5 million bpd (OPEC member).
US dominance shifted dynamics—shale flexibility vs OPEC cuts.
OPEC and Supply/Demand Management
OPEC (13 members) + allies (OPEC+) control ~40% supply. They manage via quotas and cuts. Goal: Balance prices—avoid oversupply crashes or shortages.
- Cuts: Reduce output to support prices (e.g., 2020s extensions).
- Demand Side: Influenced by global growth, China consumption, EV transition.
- Politics: Saudi-Russia lead. Compliance varies—cheating floods market.
VPA spots reactions—high volume on OPEC news confirms direction.
WTI futures reflect this balance. Quantum indicators track volume clusters for entries. Anna Coulling’s VPA turns oil volatility into disciplined trades.
Trade WTI with context. Quantum tools on NinjaTrader deliver the edge.
By Anna Coulling
Creator of Volume Price Analysis