Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp

Bullboard Posts

Post by 1nt2Tradeon Dec 14, 2016 10:19pm

170 Views

Post# 25602136

KISS BTE

Ok lets just keep things simple instead of worrying about fundamentals or OPEC or mutlti variable technicals or following Unlucky13. Lets swing trade BTE for profit. Here's what KISS'ers can do.

So you KISSers are swing traders and not watching oil tick by tick so you trade this way:

You will consider buying BTE ONLY AFTER a stochcharts.com red day. Then you set a buy order $0.03 over the high of the close of the red day. If BTE rallies past the high of the former red day candle then your order gets filled you are long BTE. BUT that's only half of the equation now you have to sell at the right time so your sell signal is ONLY AFTER a stockcharts.com green day. Then if BTE crosses the low of the green day you sell.