{"title":"Volume 28 (2010)","description":"\u003cp\u003eBrowse Volume 28 (2010) articles by issue:\u003c\/p\u003e\u003cdiv style=\"display:flex;flex-wrap:wrap;gap:12px;\"\u003e\n\u003ca href=\"\/collections\/volume28\/issue-01?sort_by=title-ascending\"\u003eJanuary\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-02?sort_by=title-ascending\"\u003eFebruary\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-03?sort_by=title-ascending\"\u003eMarch\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-13?sort_by=title-ascending\"\u003eBonus Issue\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-04?sort_by=title-ascending\"\u003eApril\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-05?sort_by=title-ascending\"\u003eMay\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-06?sort_by=title-ascending\"\u003eJune\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-07?sort_by=title-ascending\"\u003eJuly\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-08?sort_by=title-ascending\"\u003eAugust\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-09?sort_by=title-ascending\"\u003eSeptember\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-10?sort_by=title-ascending\"\u003eOctober\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-11?sort_by=title-ascending\"\u003eNovember\u003c\/a\u003e\u003ca href=\"\/collections\/volume28\/issue-12?sort_by=title-ascending\"\u003eDecember\u003c\/a\u003e\n\u003c\/div\u003e","products":[{"product_id":"stcov286prre2","title":"Stocks \u0026 Commodities V. 28:3 (61-62): Product Review: Level 3 Data by Jayanthi Gopalakrishnan","description":"Product Review: Level 3 Data by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eWere all familiar with the open, high, low, and closing prices typically displayed in a price bar. But does that give us an idea of what is really going on inside the price bar? Do we know how much of a price bar represents buying and how much represents selling? Thanks to Level 3 Data, we can now gain an insight into this information. These days, with algorithmic trading gaining popularity on Wall Street, this piece of information may just be what you need to become profitable in your trading.\u003cbr\u003e\u003cbr\u003eFEATURES\u003cbr\u003e\u003cbr\u003eFor this review, I will focus on the features available to the individual trader. To get started, I looked at the top five stocks that are ready to move or are showing more buyers than sellers. Mind you, if you are a gold-level member, you can access the screening list, which shows all stocks that are ready to move. This list was generated from the three-dimensional algorithm created by Level 3 Data founder Don Soubolsky. You can find an explanation of the algorithm on the website.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133906907505,"sku":"\\V28\\C03\\052PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9fe9deed-8aee-4bd2-97b5-837d6d23a90c.jpg?v=1739656418"},{"product_id":"stcov286trti3","title":"Stocks \u0026 Commodities V. 28:11 (69-80): Traders' Tips by Technical Analysis, Inc.","description":"Traders' Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eMost of this months Traders Tips are based on John Ehlers and Ric Way's article in this issue, Zero Lag (Well, Almost).\u003cbr\u003e\u003cbr\u003eEasyLanguage code to implement the indicator is provided in Ehlers and Way's article in this issue, and at the end of this document. Additional code is presented here as contributed by various software developers.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133906940273,"sku":"222TIPSPDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7742d800-2d21-4b76-9caf-e1dabbd3b261.jpg?v=1739656421"},{"product_id":"stcov289bofo9","title":"Stocks \u0026 Commodities V. 28:11 (92): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThe Exchange-Traded Funds Manual, 2nd Ed.\u003cbr\u003e\u003cbr\u003eMastering The Currency Market\u003cbr\u003e\u003cbr\u003eSuccess In CommoditiesThe Congestion Phase System: Revised Ed.\u003cbr\u003e\u003cbr\u003eThe 21st Century Economy: A Beginners Guide\u003cbr\u003e\u003cbr\u003eTrading 101: Trading Strategies For High And Low-Volatility Markets\u003cbr\u003e\u003cbr\u003eThe Ultimate Trading Robot","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133906973041,"sku":"224BOOKPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f84d734a-dbe4-4f70-b865-e7898be7f1f6.jpg?v=1739656424"},{"product_id":"stcov28664qa","title":"Stocks \u0026 Commodities V. 28:11 (60, 64): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eFOUR DAYS OF THE CURRICULM\u003cbr\u003e\u003cbr\u003eDon, I understand that you and your firm have been teaching trading since the early 1990s. I know trading overall has changed considerably over the years as well. I am interested in what you guys are teaching these days. Is there a chance you could share what youre doing in some of your programs? equtyspec2\u003cbr\u003e\u003cbr\u003eActually, your timing is pretty good for this question. My brother Bob, me, and our top trader\/mentors have just redone our entire curriculum. For 2011 we will have a four-day schedule, with a flexible Friday for those who would like a private meetup, see how we set up for the boot camps, or just to summarize the four days of training. I will pass along the fundamental concepts and topics, since I dont believe I have ever gone into this here at Stocks \u0026amp; Commodities.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912117617,"sku":"217QAPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9ece1bf9-7a3f-47d8-bfbb-74dc322dce34.jpg?v=1739656742"},{"product_id":"stcov286prre","title":"Stocks \u0026 Commodities V. 28:1 (66-68): Product Reveiw MetaSwing by Dennis D. Peterson","description":"Product Reveiw MetaSwing by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eMetaSwing is the newest plug-in offered by MetaStock. MetaSwing can also be used for TradeStation, but for the purposes of this review I used the MetaStock version. MetaSwing is a set of templates, indicators, explorations and system tests all built around volatility measurement. They are easily identified because their names all start with Msw. A companion book, Volatility-Based Technical Analysis by Kirk Northington, the creator of MetaSwing, is available at most online bookstores and gives you insight into how Northington analyzes and trades the market. MetaSwing is designed for trading stocks, forex, and commodities. Northingtons background is in project management and control systems; thus, the product has a technical underpinning.\u003cbr\u003e\u003cbr\u003eOVERVIEW\u003cbr\u003e\u003cbr\u003eNot only is MetaSwing a set of indicators, it is also a set of eight trading systems. Many of MetaSwings systems use the same indicators and best practices to confirm a trade setup. It is one thing to offer a set of indicators to traders and then wish them good luck, but it is quite another to offer trading systems. Trading systems need an explanation on how to use them. I have never seen such a wealth of information on how to use a product as I have with MetaSwing. Besides four webinars that cover how to use the product, there are 15 videos, a user manual, and access to some code through www.tradingtheinvisible.com. And thats not even including the book! Not only that, Northington actually trades his own money using this system exclusively.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912150385,"sku":"\\V28\\C01\\013PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ae034d60-7e3b-4307-b9fc-e058488ed0df.jpg?v=1739656745"},{"product_id":"stcov286prre6","title":"Stocks \u0026 Commodities V. 28:6 (62-68): Product Review: Wave59 by Dennis D. Peterson","description":"Product Review: Wave59 by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eWave59 is easily one of the most sophisticated technical analysis tools youll find on the market. It does many things, does them well, and does many things that no other product does. All of the software is written by Ceo Earik Beann and includes indicators and other tools created by Beann. His background includes trading commodities as well as bonds on the Chicago Board of Trade (Cbot). The graphical user interface (Gui) is superb and gives you the sense that something really good is coming. What prompted Beann to write this software? He was a solution provider to TradeStation, but there wasnt a way to square a chart in a way that mimicked W.D. Ganns use so he could overlay drawing objects and see how they might predict market turning points. Beann thought it would take him six months, but instead it took him three years, and this is the result.\u003cbr\u003e\u003cbr\u003eGENERAL\u003cbr\u003e\u003cbr\u003eThe first screen you see after logging on is a blank area surrounded by movable menu groups. Example menu groups are Chart with items like Format, Drawing, Systems, and so on, or Measuring with icons to display various measurements such as the bar count between bars on a chart. You can move the menus to any location you want and they will actually shrink if you put them in a location where some of the menu items cant be displayed.\u003cbr\u003e\u003cbr\u003eWhats available in the menus depends on the version of Wave59 you are using as well as the datafeed. If you are using the Pro version of Wave59, it includes a real-time datafeed, and if you are using the end-of-day version, you can use free Yahoo! data (if you check the bottom of the main Yahoo! Finance page, youll see that the data comes from Csi), MetaStock, or Ascii-formatted data. The real-time datafeed is proprietary, and youll need to input futures, stocks, and so on with a prefix. For example, Boeing is S.BA and the emini is F.EPH0. Theres a symbol lookup to help you.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133915984241,"sku":"V28C06-120PR","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9d6a1622-bd3a-4bfe-a9a6-c46f5c8a4061.jpg?v=1739657045"},{"product_id":"stcov282novo","title":"Stocks \u0026 Commodities V. 28:8 (28-31): Normalized Volatility Indicator by Rajesh Kayakkal","description":"Normalized Volatility Indicator by Rajesh Kayakkal\u003cbr\u003e\u003cbr\u003eEarly bear phase signals can help you get out of the market before it turns down. This indicator tells you how.\u003cbr\u003e\u003cbr\u003eThere are many ways to identify the trend of a financial market, the most common being the 200-day exponential moving average (Ema). When price is trending down below the 200-day Ema, the market is believed to be in a bear phase. If the market is trending up above the 200-day Ema, it is considered to be in a bull phase.\u003cbr\u003e\u003cbr\u003eSince every indicator fails at times, I wanted to find other indicators to confirm a trend. In my quest for another indicator to determine the trend for the financial markets, I found the Cboe Volatility Index (Vix) to be a good indicator of the market direction. The Vix is calculated from the weighted average of the implied volatilities of various options on the Standard \u0026amp; Poors 500 index futures.\u003cbr\u003e\u003cbr\u003eJ. Welles Wilders average true range can also give an indication of the financial market trends; that is, when the market is in a bull phase, the average true range narrows, and when it is in a bear phase, the average true range expands. The normalized volatility indicator (Nvi) is based on this behavior.\u003cbr\u003e\u003cbr\u003eNORMALIZED VOLATILITY INDICATOR (NVI)\u003cbr\u003e\u003cbr\u003eAverage true range (Atr) varies depending on time. But how do we determine the phase of the financial market with Atr? Perhaps some type of ratio could give us a clue. A ratio presents a relationship of a quantity with respect to another. I did some research based on a ratio of the 64-day average true range and the end-of-day value of equity indexes such as the Standard \u0026amp; Poors 500 (Spx). I selected the 64-day period since it is close to the average number of trading days in a quarter. The ratio of the 64-day average true range and closing price does discount seasonal variations in the average true range and gives a single number that can be used to compare volatility of an instrument across many decades. I call this ratio the normalized volatility indicator.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133917557105,"sku":"150KAYAPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f68efc82-9e4d-43c1-bba0-aa4f27f4e668.jpg?v=1739657146"},{"product_id":"stcov28996cl","title":"Stocks \u0026 Commodities V. 28:2 (98, 96-97):At The Close by John McKinnon","description":"At The Close by John McKinnon\u003cbr\u003e\u003cbr\u003eDo you know how you will react under specific circumstances? Do your emotions keep getting in the way?\u003cbr\u003e\u003cbr\u003eSometimes, the market is described as a living organism with a personality all its own. In an effort to understand this elusive quality, many traders rely on technical indicators to monitor and predict the state of the market. Others utilize models for measuring the microfundamentals of individual stocks or the macroaspects of economic trends. Experienced traders usually develop their own customized mix of indicators and\/or fundamentals that works for them.\u003cbr\u003e\u003cbr\u003eHowever, these same traders will often tell you that the indicators dont always do what theyre supposed to do; that is, they dont always cooperate.\u003cbr\u003e\u003cbr\u003eMARKET ACTIVITY\u003cbr\u003e\u003cbr\u003eDespite our best efforts in calculating complex patterns, we still refer to market activity mainly in emotional terms:\u003cbr\u003e\u003cbr\u003e Abc stock soared on new product sales: Euphoria\u003cbr\u003e\u003cbr\u003e Investors stampeded for the exits on Xyzs dismal earnings projection: Panic\u003cbr\u003e\u003cbr\u003e PQR hit it out of the park with its new executive appointment: Cheering crowds; power; a winner!\u003cbr\u003e\u003cbr\u003e The hedge funds that shorted were crushed and shredded when the stock unexpectedly reversed: Annihilation, uncertainty, fear\u003cbr\u003e\u003cbr\u003eThe news media makes an attempt to put a brave face on the markets behavior a reason behind it. To hedge their bets, some Internet sites actually have two stories ready for print, one if its an up day, the other if its down. More often than not, the behavior is inexplicable.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133918900593,"sku":"\\V28\\C02\\039CLOS.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_2e0711d8-9f5b-4e02-bcfd-fcb7674d7fdc.jpg?v=1739657249"},{"product_id":"stcov289bofo7","title":"Stocks \u0026 Commodities V. 28:10 (92): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eBuy Dont Hold\u003cbr\u003e\u003cbr\u003eCharts Dont Lie, People Do!\u003cbr\u003e\u003cbr\u003eFinancial Derivatives: Pricing And Risk Management\u003cbr\u003e\u003cbr\u003eThe Fearful Rise Of Markets\u003cbr\u003e\u003cbr\u003eThe Great Reflation\u003cbr\u003e\u003cbr\u003eHit The Spot: How To Tame The Currency Market","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133918933361,"sku":"203BOOKPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_693eabd3-4b50-41c3-92fa-233a4a28965a.jpg?v=1739657252"},{"product_id":"stcov282prpr","title":"Stocks \u0026 Commodities V. 28:7 (28-32): Projecting Price And Time With Gann Fans And Angles by Koos van der Merwe","description":"Projecting Price And Time With Gann Fans And Angles by Koos van der Merwe\u003cbr\u003e\u003cbr\u003eIs it new? No, but Gann theory can still be implemented\nin the modern financial markets.\u003cbr\u003e\u003cbr\u003eAccording to W.D. Gann, past time and price cycles will influence future price and time cycles and tell us the time and price at which future cycles are most likely to terminate. This theory sounds complicated, but it led the famous trader to the Gann fan, the angle of which could be used to project future price and time terminations. Heres how.\u003cbr\u003e\u003cbr\u003eGEOMETRIC ANGLES\u003cbr\u003e\u003cbr\u003eGeometric angles are used to measure the relationship between time, price, and space. The angles divide price and time into proportional parts. Gann angle lines are drawn from specific important points on any of the short-, medium-, or long-term charts. They are drawn at a specific angle that represents the relationship of time and price. In effect, the geometric angle is a moving average line that moves up and down a chart at a uniform rate of change. The difference between a standard moving average and a Gann geometric angle is that Gann angle lines may be used to project future time\/price relationships.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133920407921,"sku":"131MERWPDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a8746e40-9887-4a9c-a0b7-3c381a3c6c31.jpg?v=1739657358"},{"product_id":"stcov284sipr","title":"Stocks \u0026 Commodities V. 28:4 (42-49): Signal Processing Basics by Glenn Barlis","description":"Signal Processing Basics by Glenn Barlis\u003cbr\u003e\u003cbr\u003eThis is the first of a series of articles that examine stock price analysis using the mathematical methods of signal processing. These concepts will enable you to better understand popular indicators and incorporate them into your trading strategy.\u003cbr\u003e\u003cbr\u003eThe mathematical methods of communication and control theory are the basis for many common technical trading methods and indicators. This series of articles will focus on the mathematical basics needed to understand indicators and will not discuss trading strategies except to illustrate the use or misuse of indicators. Throughout this series, I will refer to stocks as the trading vehicle with the understanding that the mathematical principles explained here apply to any market.\u003cbr\u003e\u003cbr\u003eThis, the first article, presents a simple model to describe price action and one of its elements cycles. Part 2 will discuss trends and smoothing methods. Part 3 will conclude the series with momentum, oscillators, and a brief discussion of the implications of the model. The math presented will be just detailed enough to give you an understanding of the concepts that can be further explored in the references provided.\u003cbr\u003e\u003cbr\u003eMany trading strategies are based on the action and interaction of technical indicators. In evaluating these strategies, it is important to know whether the indicators are mathematically sound. The articles will provide the basis for that understanding and point out the limitations of this approach. The reader can then critically evaluate the theoretical basis of technical indicators for their own trading strategies.\u003cbr\u003e\u003cbr\u003eA STOCK PRICING MODEL\u003cbr\u003e\u003cbr\u003eFigure 1 shows a typical bar chart of price versus time for a stock. I would like to build a mathematical model of this price series that lets me use the techniques of signal processing to understand the historical action shown in the chart and identify trading opportunities. The approach used in this article presents technical indicators as derived from a process as a deterministic signal. This is not the only approach that can be used statistical time series analysis forecasting, pattern (feature) analysis, and artificial intelligence based methods are also used but signal processing techniques are intuitive and have been used to develop many technical indicators and methods.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133920440689,"sku":"\\V28\\C04\\078BARL.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f9329817-3a4c-4146-b333-a5aab8fa624b.jpg?v=1739657361"},{"product_id":"stcov285fufo2","title":"Stocks \u0026 Commodities V. 28:9 (55): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eWHAT DO I DO IF I GET A MARGIN CALL? (PART 2)\u003cbr\u003e\u003cbr\u003eLast time, we discussed the mechanics of a margin call, about how they are triggered and how position delta can be used to manipulate margin. This time, well focus on the margin process and a hands-on example of making adjustments to margin and risk.\u003cbr\u003e\u003cbr\u003eMargining short options: Before we can consider margin adjustment, we need to understand the basics of short option margining. What many people dont realize is selling an option immediately increases the cash in a trading account in the amount of premium collected minus transaction costs.\u003cbr\u003e\u003cbr\u003eAlthough the short option itself is a liability, the cash collected enhances the equity that the margin is measured against. Accordingly, each dollar collected in premium increases the marginable funds. That said, option selling isnt a risk-free printing press for money; short option premium acts as a cushion toward losses at expiration but also leaves the trader open for theoretically unlimited risk of loss.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133920473457,"sku":"178GARNPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e255bf9b-1023-4ff5-a933-3ee91fb4e7cb.jpg?v=1739657363"},{"product_id":"stcov289bofo6","title":"Stocks \u0026 Commodities V. 28:9 (92): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003e Chalk Talks For Traders: Easy Xs And Os From A Proven Pro\u003cbr\u003e\u003cbr\u003e Dictionary Of Finance And Investment Terms: 8th Edition\u003cbr\u003e\u003cbr\u003e Cloud Charts: Trading Success With The Ichimoku Technique\u003cbr\u003e\u003cbr\u003e The Invisible Hands: Hedge Funds Off The Record Rethinking Real Money\u003cbr\u003e\u003cbr\u003e The Complete Idiots Guide To Technical Analysis\u003cbr\u003e\u003cbr\u003e Malcolm Pryor On Short Term Spread Betting DVD: Winning Strategies For Active Traders","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133920506225,"sku":"184BOOKPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9609c286-4d7d-40e5-95fc-80f73bf56020.jpg?v=1739657366"},{"product_id":"stcov281adsc","title":"Stocks \u0026 Commodities V. 28:2 (10-12): Advanced Scale-In Strategies For Short-Term Traders by David Penn","description":"Advanced Scale-In Strategies For Short-Term Traders by David Penn\u003cbr\u003e\u003cbr\u003eHow can short-term traders add an edge of as much\nas 10% to their per-trade win rate?\u003cbr\u003e\u003cbr\u003eHigh-probability exchange traded fund (Etf) trading is a quantified strategy of buying Etfs after they have pulled back and selling after they have recovered in price. More than 100 Etfs were tested since inception. The results of the testing showed that buying Etfs after they had pulled back and become oversold resulted in high-probability Etf trading strategies that were correct more than 75% of the time.\u003cbr\u003e\u003cbr\u003eThese tests included all of the most widely traded Etfs from the Standard \u0026amp; Poors 500 Spdrs Etf (Spy) to country Etfs like the iShares Ftse\/Xinhua China 25 Etf (Fxi) to sector Etfs like the Financial Select Sector Spdrs Etf (Xlf) since inception. In the case of Spy, this meant including data going back to 1993.\u003cbr\u003e\u003cbr\u003eFigure 1 consists of the performance results for the Spy since inception through December 31, 2008, in three of the seven high-probability Etf trading strategies that are part of the seven trading strategies recently published in Larry Connors book, High Probability Etf Trading (see sidebar Etf Trading Strategies). These results with the Spy were consistent with those from the other Etfs tested. I use the Spy here for simplicitys sake and because the Spy has the most extensive data from which to draw.\u003cbr\u003e\u003cbr\u003eFigure 2 involves the exact same strategies, but with a twist. That twist is an edge: scaling in.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133922537841,"sku":"\\V28\\C02\\022PENN.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_efc484a6-27f3-4048-898e-be7f2f81ba62.jpg?v=1739657477"},{"product_id":"stcov282fufo","title":"Stocks \u0026 Commodities V. 28:7 (27,70): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eTRADE GUARANTEES\u003cbr\u003e\u003cbr\u003eHow can a futures exchange afford to guarantee every trade that is executed?\u003cbr\u003e\u003cbr\u003eFutures exchanges guarantee each transaction that they clear, but unfortunately, the guarantee isnt that you will make money. Instead, it assures that if you do speculate, you will be compensated in the amount deserved based on entry and exit price. This seems to be a given, but it isnt. Those speculating in forex, as opposed to futures, arent necessarily afforded the same luxury.\u003cbr\u003e\u003cbr\u003eForex traders are subject to counterparty risk. Assuming a profitable trade based on entry and exit price, forex traders rely on the party on the other side of their transaction to pay up. However, although it is a real risk, the incidence of default is rare. Just because it hasnt been a common issue in the past doesnt mean that it cant or wont in the future.\u003cbr\u003e\u003cbr\u003eFutures exchanges stipulate and enforce margin requirements for each commodity market. Margin is a risk-based good faith deposit levied on traders with risk exposure. Simply, it is the amount of money that traders must have on deposit to buy or sell a particular futures contract or execute a short option.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133922570609,"sku":"130GARNPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c161e0ea-25a6-4f46-ac65-84f06fb56a00.jpg?v=1739657480"},{"product_id":"stcov282voin","title":"Stocks \u0026 Commodities V. 28:1 (20-30): The Vortex Indicator by Etienne Botes and Douglas Siepman","description":"The Vortex Indicator by Etienne Botes and Douglas Siepman\u003cbr\u003e\u003cbr\u003eThe search for a reliable technical indicator for trading a change in market direction seems to be a never-ending quest. Ideally, such an indicator should be on time; neither lagging the market nor too sensitive. The Vortex Indicator was developed as a new directional movement indicator, drawing inspiration in part from J. Welles Wilders directional movement indicator. The result is a simple but effective indicator that can be used to develop intriguing trading ideas.\u003cbr\u003e\u003cbr\u003eAfter thoroughly researching technical tools, we concluded that the concept of the directional movement index (Dmi) offered the most accurate way to identify trend direction or significant price moves in the market. The concept of Dmi was best defined and described by J. Welles Wilder in his classic 1978 book New Concepts In Technical Trading Systems. The result of his work is the now-famous and highly effective indicator, which inspired the creation of our Vortex Indicator.\u003cbr\u003e\u003cbr\u003eTo understand the Vortex Indicator better, we must describe directional movement. The idea is that the individual relationship between price bars provides clues to the direction of the trend or market. Wilder summed it up thus: Directional movement is the largest part of todays range that is outside yesterdays range.\u003cbr\u003e\u003cbr\u003ePositive directional movement is simply the portion of a price bar that is above the high of the previous bar. Negative directional movement is the portion of the price bar that is lower than the previous low. The smaller of these two values is assigned a zero value. The larger number is used to indicate if the market is moving up (positive) or down (negative). In the case of an inside bar (if neither the high nor the low is higher or lower than the previous bar), a zero value is assigned to both positive and negative direction.\u003cbr\u003e\u003cbr\u003eThe result will be a string of seemingly random consecutive zeroes or positive numbers placed in two columns assigned for positive and negative directional movement. However, if these two strings of numbers are summed after 14, 21, or 55 periods, the larger value gives an indication of overall trend. If this process is continued, the result can be seen on a chart as two lines representing positive and negative directional movement. These will intersect and cross during a change of trend and diverge wider and wider as the strength of the trend increases. This is the basis of Wilders Dmi.\u003cbr\u003e\u003cbr\u003eINSPIRATION FROM NATURE\u003cbr\u003e\u003cbr\u003eThe Vortex Indicators inspiration for another view on directional movement comes from an entirely different source. Viktor Schauberger (18851958), who is viewed as the father of implosion technology, was an Austrian forester, experimenter, and inventor. He sought to develop energy-producing machines that, through their shape, form, and motion, were able to mimic the power of natures processes. The foundation of his work came from studying nature and analyzing the fluidic vortexes of water in rivers and streams, and later in pipes and turbines.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133922603377,"sku":"\\V28\\C01\\005BOTE.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e4bfbd4f-a0a1-487e-bebd-08f2cad3f4f1.jpg?v=1739657482"},{"product_id":"stcov285canp","title":"Stocks \u0026 Commodities V. 28:9 (56-59): Can Price Patterns Be Objective Tools? Recognia's Kathryn St. John Tells You by J. Gopalakrishnan and B. Faber","description":"Can Price Patterns Be Objective Tools? Recognias Kathryn St. John Tells You by J. Gopalakrishnan and B. Faber\u003cbr\u003e\u003cbr\u003eFor the past eight years, Kathryn St. John has been building products and tools to help self-directed investors understand, utilize, and leverage technical analysis and chart pattern recognition to make better investment decisions. Her appreciation of technical analysis has helped Recognia build actionable investment research products that offer dynamic and action-oriented trading ideas for all types of traders. St. John continues to lead product management initiatives for Recognia and has seen the products deployed around the globe in the worlds largest brokerage firms, banks, and institutions.\u003cbr\u003e\u003cbr\u003eTechnical Analysis of Stocks \u0026amp; Commodities Editor Jayanthi Gopalakrishnan and Staff Writer Bruce Faber interviewed Kathryn St. John via telephone on July 8, 2010.\u003cbr\u003e\u003cbr\u003eKathryn, how did you get interested in chart patterns, specifically?\u003cbr\u003e\u003cbr\u003eIt came about naturally. I have a computer science background, and I minored in business. I started working with Recognia long before the company had its first customer. We had this interesting technical analysis software, specifically a chart pattern recognition product. Since then, of course, weve ventured into other areas with more typical mathematical indicators and value analysis. But at the time we had this great chart pattern recognition technology. We developed it because the founder of the company was doing some trading on his own when he discovered chart patterns. He thought that there had to be a better way of using the technique than looking at a chart and trying to find these patterns one chart at a time.\u003cbr\u003e\u003cbr\u003eI joined the company to help build our first user interface with the product. Originally, we were just going to sell the data, but then we realized that we needed to build a way for people to see the research that we were generating. Since Ive been with Recognia, Ive explored a number of different areas related to chart patterns and technical analysis. Ive built up my own knowledge base and moved from looking at the analytics itself to how we can build products that will help people with their trading and bring technical analysis and chart patterns to a wider audience.\u003cbr\u003e\u003cbr\u003eDuring your time at the company, have you noticed any difference in the attitudes of the public in terms of accepting technical analysis?\u003cbr\u003e\u003cbr\u003eI certainly have. We like to think we have been a part of that, because our approach has been a bit different from some other technical analysis products. When I first started, I found that the retail, self-directed audience of investors and traders, unless you were really into technical analysis, used terms like voodoo and looking at the stars to describe technical analysis. They would question how looking for shapes on a chart would ever help them to trade.\u003cbr\u003e\u003cbr\u003eWhy do you think they were so against technical analysis?\u003cbr\u003e\u003cbr\u003eA lot of that attitude came from not understanding that we look for those shapes because of what it tells us about the underlying behavior of the people trading those stocks. We are not looking for a triangle on a chart because it is this nice symmetrical shape, and it looks pretty. We look for it because it represents tightening trading action between the buyers and sellers, after which we finally see a breakout.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133922636145,"sku":"179INTRPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d102295d-5581-408d-a94f-5d51c28123b5.jpg?v=1739657485"},{"product_id":"stcov284prma1","title":"Stocks \u0026 Commodities V. 28:2 (46-51): Predicting Market Data Using The Kalman Filter, Pt 2 by R. Martinelli \u0026 N. Rhoads","description":"Predicting Market Data Using The Kalman Filter, Pt 2 by R. Martinelli \u0026amp; N. Rhoads\u003cbr\u003e\u003cbr\u003eCan the Kalman filter be used to predict future price movement? In this second part of this series we answer this question.\u003cbr\u003e\u003cbr\u003ePreviously, we discussed the Kalman filter and the alpha indicator. This time, we study the accumulation of profit\/loss through the fortune chart. We also backtest the filter and analyze the results. The profit\/loss on day k may be written as:\u003cbr\u003e\u003cbr\u003ePk = A Wk (yk\/yk-1 1)\u003cbr\u003e\u003cbr\u003ewhere the quantity in parentheses is the relative price-change, or return, on day k, A is the trade amount in dollars, and Wk = 1 if αk \u0026gt; C, Wk = -1 if αk \u0026lt; -C and Wk = zero otherwise (W for wager). Note that Wk = 0 corresponds to no trade on day k and so Pk = zero as well. Further, note that A is the same for every trade. For the Ford data, C was found to be 0.38, and Figure 1 shows its Pk values, where the trade amount A was set to $1.00 (zero values are not shown). The red point at November 28, 2008, represents the trade having the largest profit. The reason for the large profit can be seen in Figure 2, Part 1, where the red point in Figure 1 corresponds to point 8 in Figure 2. The prediction of 1.84 was nowhere near the actual at 2.47, but it was in the correct direction, up from 1.72, resulting in a 0.436 profit.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133924503921,"sku":"\\V28\\C02\\028MART.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_aa62f8fa-b633-4e01-a67e-4174b713079c.jpg?v=1739657569"},{"product_id":"stcov287trti2","title":"Stocks \u0026 Commodities V. 28:7 (74-84): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThis months Traders Tips are based on Andrew Coles article in this issue, An Anchored Vwap Channel For Congested Markets.\u003cbr\u003e\u003cbr\u003eCode for MetaStock is provided in the articles sidebar, and at the end of this document, to help readers implement the indicator. Code for other programs is presented here as contributed by various software developers.\u003cbr\u003e\u003cbr\u003eReaders will find these and more Traders Tips at the Stocks \u0026amp; Commodities website at www.Traders.com in the Traders Tips area, from where the code can be copied and pasted into the appropriate program. In addition, the code for each program is usually available at the respective software companys website. Thus, no retyping of code is required for Internet users.\u003cbr\u003e\u003cbr\u003eFor Stocks \u0026amp; Commodities subscribers, the MetaStock code found in Coles article can be copied from the Subscriber Area at www.Traders.com. Login is required.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133924536689,"sku":"141TIPSPDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_889dc79d-ab09-4f32-bb5d-190f00af76ce.jpg?v=1739657572"},{"product_id":"stcov28560ex","title":"Stocks \u0026 Commodities V. 28:8 (56, 60): Explore Your Options by Tome Gentile","description":"Explore Your Options by Tome Gentile\u003cbr\u003e\u003cbr\u003eEXERCISE FOR FINANCIAL HEALTH?\u003cbr\u003e\u003cbr\u003eWhen is it a good time to exercise a long put?\u003cbr\u003e\u003cbr\u003eThats a good question, but kind of a broad subject. In theory, traders look to exercise a put when the carrying cost to hold a combined long stock\/long put (that is, a long synthetic call) is greater than the value of the actual listed call market.\u003cbr\u003e\u003cbr\u003eThis decision to exercise typically occurs when the put is deep enough in the money and the matching strike call maintains little or no extrinsic value. For instance, lets say an out-of-the money call has a quoted market of $0.00 bid\/$0.05 ask. At the same time, if the cost of carrying the synthetic call or married put amounts to $0.10 if held until expiration, theres a negative benefit to holding that position versus simply purchasing the long call.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133926011249,"sku":"157EYOPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e55ff26f-6f6f-4b6b-9963-b462ef19227d.jpg?v=1739657687"},{"product_id":"stcov282laof","title":"Stocks \u0026 Commodities V. 28:7 (24-26): The Language of Money by Walter T. Downs, PhD","description":"The Language of Money by Walter T. Downs, PhD\u003cbr\u003e\u003cbr\u003eHere is a formula for calculating risk of ruin that can be used to make intriguing mathematical projections of the forex gambit.\u003cbr\u003e\u003cbr\u003eIN my previous article, I presented the forex gambit. I made some suggestions for systems and analysis and presented some results that were intriguing. But is that all that can be said about the subject? Hardly! In this article, I will discuss risk, the essential language of money. Heres a possible formula for calculating risk of ruin, and then Im going to use that formula to make some mathematical projections for the forex gambit.\u003cbr\u003e\u003cbr\u003eI will start by defining risk of ruin (Ror). In its simplest form, Ror is the probability of an account going to zero given various variables.\u003cbr\u003e\u003cbr\u003eIn his 1992 Stocks \u0026amp; Commodities article Appreciating The Risk Of Ruin, Nauzer J. Balsara suggested that the variables for calculating Ror should be:\np = Probability of success\nk = Percentage of capital\nexposed to trading\nW = Payoff ratio\u003cbr\u003e\u003cbr\u003e\nNauzer then ran several simul- ations and produced some tables listing the various probabilities of Ror, given the input variables mentioned.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133927911793,"sku":"129DOWNPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_60d29ff7-739a-4dfc-98e1-072c9f9a9913.jpg?v=1739657813"},{"product_id":"stcov28996po","title":"Stocks \u0026 Commodities V. 28:11 (98, 96): Points of Force in Price and Time by Olesksandr Salivon","description":"Points of Force in Price and Time by Olesksandr Salivon\u003cbr\u003e\u003cbr\u003eHeres a trading strategy based on the works of W.D. Gann. Would it work for you?\u003cbr\u003e\u003cbr\u003eTraders are often told to keep it simple. But even if you do so, your trading can still suffer losses. Years of experience have shown me that to be precise, especially in short-term trading, you cannot afford to use a trading system with just three buttons: Buy, Sell, and Panic. If you are not lucky by nature you need to work, study the market, and learn constantly in order to succeed.\u003cbr\u003e\u003cbr\u003eHere is a short-term aspect of my trading strategy, based on the writings of W.D. Gann. I follow daily and weekly trends, use Ganns Master Charts, mathematics, and astrology. I also use a combination of tools to identify short-term trends in order to enter the market precisely before the daily trend unfolds. I will show you how to use price tools (swings, scale, angles, vectors, Fibonacci levels, square of 144, square of 9), time tools (fixed, variable and natural time levels, circle of 360), and astronomy factors. And finally, I will focus on price swings, natural and Fibonacci price levels, and market inertia using the May soybeans futures contract hourly chart from its low at 911 on February 4, 2010, as an example. However, you can apply these tools to any market.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133927944561,"sku":"225CLOSPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0a88ef75-8368-4d9b-b7c7-af7fb1af9daf.jpg?v=1739657816"},{"product_id":"stcov285jawo","title":"Stocks \u0026 Commodities V. 28:5 (54-59): Jared Woodard of Condor Options by J. Gopalakrishnan and B. Faber","description":"Jared Woodard of Condor Options by J. Gopalakrishnan and B. Faber\u003cbr\u003e\u003cbr\u003eKnowing how the market moves isnt particularly important, Jared Woodard, our interview subject of the month, explains. Woodard, the principal of Condor Options, has more than a decade of experience trading options, equities, and futures. He publishes the Condor Options newsletter (specializing in iron condors) and the accompanying blog. Woodard has been quoted in various media outlets including The Wall Street Journal, Bloomberg News, Financial Times Alphaville, and The Chicago Sun-Times, and in 2008 he was profiled as a top option mentor in Sfo magazine. He is also an associate member of the National Futures Association and registered principal of Clinamen Financial Group, a Commodity Trading Advisor.\u003cbr\u003e\u003cbr\u003eStocks \u0026amp; Commodities Editor Jayanthi Gopalakrishnan and Staff Writer Bruce Faber interviewed Jared Woodard via telephone on March 10, 2010.\u003cbr\u003e\u003cbr\u003eJared, how did you get interested in trading options?\u003cbr\u003e\u003cbr\u003eIt was the ability to define your risks versus the techniques available for stocks or futures. Options give you more opportunity for risk management and control over your capital. A lot of traders come to options more for the leverage than anything else. They see that with the same stock or commodity that they just got a 5% return on, they could have had a larger return on a similar option trade. I can see the attraction there, but it is also a bit dangerous. The risk management features of options are most important.\u003cbr\u003e\u003cbr\u003eDid you start out trading on your own, or did you trade with a firm before that?\u003cbr\u003e\u003cbr\u003eI started out on my own. I traded on my own for a while, then I started the Condor Options newsletter, back in 2007. And since 2009 I have been a registered Commodity Trading Advisor (Cta).\u003cbr\u003e\u003cbr\u003eSo when did you start trading on your own?\u003cbr\u003e\u003cbr\u003eI was in high school or college, around 1997. Like most people, I got interested in stocks first. Then curiosity took me to options pretty quickly.\u003cbr\u003e\u003cbr\u003eBesides the ability to define risk, are there any other advantages that trading options offer versus, say, trading equities or futures?\u003cbr\u003e\u003cbr\u003eSure. If you are trading a future or equity long or short, it is about price. But I like to use the metaphor of different languages. If you are trading just directional price changes, then its a relatively rudimentary language. You can only express a couple of different views. Options are to extend the metaphor a more complex, more nuanced language because you can express views about price and volatility and time. So you have significantly more different views on an asset that you can express. That makes options a lot more interesting.\u003cbr\u003e\u003cbr\u003eYou also have a blog called Condor Options. Is that because you prefer to trade the condor strategies over others?\u003cbr\u003e\u003cbr\u003eYes. The newsletter attached to the blog teaches subscribers how to trade iron condors and market-neutral spreads. So that is where the blogs name comes from. But I do like market-neutral strategies in general. They are my strategy of preference just because I think there is more opportunity there. A lot of people follow price trends, and even though predicting prices is difficult, there is definitely money following those trends. I have nothing against trend-following strategies at all, but there are a lot of opportunities in market-neutral strategies and especially in volatility trading strategies. That is what I really focus on.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133930697073,"sku":"\\V28\\C05\\099INTR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4d1d9ce3-5ed5-4966-b7e9-abaa26be6ffb.jpg?v=1739657927"},{"product_id":"stcov286prre1","title":"Stocks \u0026 Commodities V. 28:2 (66-68): Product Review: Trading The Pristine Method Course by Dennis D. Peterson","description":"Product Review: Trading The Pristine Method Course by Dennis D. Peterson\u003cbr\u003e\u003cbr\u003eThis home study course teaches traders, beginner to experienced, how to trade using the Pristine method. There is also an introductory course for $1,495, but this review covers the Trading the Pristine Method (Tpm) Course, Part 1, which covers more details using 300 pages of material, whereas the introductory course has 200 pages of material.\u003cbr\u003e\u003cbr\u003eThe courses are set up with online material, which is well organized accompanied by a three-ring binder with tabs to mark the various sections. While taking the course you can take advantage of counselors to help explain areas that you may not understand or if you just have questions. In fact, you can send up to three charts a day to ask if the price patterns have the type of setup that Pristine wants to see.\u003cbr\u003e\u003cbr\u003ePRESENTATION AND NAVIGATION\u003cbr\u003e\u003cbr\u003eAll of the course charts are narrated. When you sign into the website to work on the course, youll be presented with a high-level flow diagram of boxes with section names where you can click on a box to go to a particular section. The course will prompt you with a message asking if you want to continue where you left off last if you are continuing from before. You can also utilize some forward and back arrows once you have picked a section so as to navigate forward and backward through the sections as well as use the flow diagram.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133933711729,"sku":"\\V28\\C02\\033PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b87d319c-3447-4810-b63a-d53fcf30ece7.jpg?v=1739658032"},{"product_id":"stcov286sppr","title":"Stocks \u0026 Commodities V. 28:11 (67-68): Spotting Price Reversals With The VIX by John Zachary","description":"Spotting Price Reversals With The VIX by John Zachary\u003cbr\u003e\u003cbr\u003eCrowds are often wrong, particularly in the market. Use the\nCBOE Volatility Index to be on the right side.\u003cbr\u003e\u003cbr\u003e\nThe stock market can move in waves where its price action can trade into extreme price levels, resulting in waves of traders that enter or exit the market. However, it is exactly at these extreme levels that traders need to be cautious and consider short-term reversals, but crowd psychology takes over as one trader follows the next in fear of missing out on a potential move or taking a loss.\u003cbr\u003e\u003cbr\u003eStudying market psychology is really about the study of human nature, as the markets price action reveals to the intelligent speculator what the market is reflecting about the market participants. For example, when markets are trending upward, it reflects that they are optimistic about the future of an investment and begin accumulating it, which causes it to rise. Conversely, if the markets are reversing, then it reveals that the mass crowd of traders participating in the markets have a negative view of current prices and\/or the future prospects of the market, which causes distribution, or selling, resulting in a downtrend.\u003cbr\u003e\u003cbr\u003eAt times, though, the market has moved too far, too fast in a given direction and reverses course. When large numbers of traders begin to enter the market and are driven by either fear or greed, taking the market to extremes, it sets the stage for a quick price reversal. These short-term reversals serve as both a warning and an opportunity to a trader who can spot the staging ground of such a move to occur.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133933908337,"sku":"221ZACHPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_430af2b7-f2e9-440f-a6c0-8135ea968cff.jpg?v=1739658034"},{"product_id":"stcov286trti2","title":"Stocks \u0026 Commodities V. 28:5 (68-80): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThis months Traders Tips are based on Sylvain Vervoorts article in this issue, Smoothing The Bollinger %b.\u003cbr\u003e\u003cbr\u003eCode for MetaStock is already provided in the articles sidebar to help readers implement the indicator, and at the end of this document. Code for other programs is presented here as contributed by various software developers.\u003cbr\u003e\u003cbr\u003eReaders will find these and more Traders Tips at the Stocks \u0026amp; Commodities website at www.Traders.com in the Traders Tips area, from where the code can be copied and pasted into the appropriate program. In addition, the code for each program is usually available at the respective software companys website. Thus, no retyping of code is required for Internet users.\u003cbr\u003e\u003cbr\u003eFor Stocks \u0026amp; Commodities subscribers, the MetaStock code found in Vervoorts article can be copied and pasted into MetaStock from the Subscriber Area at www.Traders.com. Login is required.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133937250673,"sku":"\\V28\\C05\\102TIPS.PDF","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_dad2d269-2007-4533-9d0f-0159ab50038b.jpg?v=1739658291"},{"product_id":"stcov286nene","title":"Stocks \u0026 Commodities V. 28:2 (60-63): Neural Network Pair Trading by Marge Sherald","description":"Neural Network Pair Trading by Marge Sherald\u003cbr\u003e\u003cbr\u003ePair trading is a market-neutral trading strategy. But how do you find the right pair? Using neural networks, of course.\u003cbr\u003e\u003cbr\u003eAre you taking a second look at market-neutral trading systems in todays difficult markets? Pair trading is popular, but finding the right pair is more challenging. Neural networks offer an alternative to traditional pair-matching methods.\u003cbr\u003e\u003cbr\u003eThe usual pair-trading strategies speculate on future convergence of a price spread between similar securities. Once a pair is identified, the customary rule is to buy one security and sell the other short in an attempt to create a market-neutral trading system. The trades are initiated when the two normalized securities prices diverge a specified amount, often by two standard deviations. The trades are exited when the prices once again converge.\u003cbr\u003e\u003cbr\u003eInstead of crossing normalized prices, neural nets use one stock to predict another. Trading signals are generated based on the spread between the actual and predicted values. The optimized neural net can even select the security used to make the prediction from a basket of securities; the neural net can be a matchmaker of sorts.\u003cbr\u003e\u003cbr\u003eOnce the neural net has found the pair, another artificial intelligence technique a genetic algorithm optimizer can customize buy\/sell decisions for a particular pair rather than using static rules such as buy when the pair diverges by two standard deviations. In Figure 1, you see three energy stocks that could be candidates for a pair-trading system.\u003cbr\u003e\u003cbr\u003eBUILDING ALTERNATIVE PAIR MODELS\u003cbr\u003e\u003cbr\u003eWere going to build our pair-trading system in two steps:\u003cbr\u003e\u003cbr\u003e1. Build a neural network prediction for the price of one stock based on another stock in the same sector.\u003cbr\u003e\u003cbr\u003e2. Use the spread between the actual and predicted values of the stock to generate simultaneous buy\/sell hedging signals for the stock used as the basis for the prediction and the predicted stock.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938561393,"sku":"\\V28\\C02\\031SHER.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_466b3e64-c448-42dd-a24e-4c2a4ef38103.jpg?v=1739658394"},{"product_id":"stcov281gecl","title":"Stocks \u0026 Commodities V. 28:9 (16-21): Getting Clear With Short-Term Swings by Ron Black","description":"Getting Clear With Short-Term Swings by Ron Black\u003cbr\u003e\u003cbr\u003eDoes an indicator that works on all time frames, requires no calculation, and has no delay sound too good to be true? Its not.\u003cbr\u003e\u003cbr\u003eThe technicians unending task is to find a signal in a sea of data. Price patterns can be choppy, chaotic, and wiggly. Sometimes the technician tries to smooth the upward and downward surges in price action in order to make the price movement easier to interpret. But this smoothing can reduce his or her indicators sensitivity to the immediate direction of the price.\u003cbr\u003e\u003cbr\u003eThe Clear method, a new technique for identifying the direction of short-term price swings, identifies the direction of the current price swing and the precise day when price direction changes. It works on all time frames, requires no calculation, and has no delay. It is applicable to all stocks, commodities, and indexes. The Clear method is unique because, unlike most technical indicators, it does not use the opening price or the closing price. Instead, it uses the range (length) of the price bar. It is effective because it borrows from a basic statistical concept: if two distributions do not overlap, they can be considered different.\u003cbr\u003e\u003cbr\u003e(A note to our statistician friends: this paper is not intended to examine the subtleties of sampling errors, sample size, covariance, confidence intervals, or any other statistical description. I am merely adapting a statistical concept for the purpose of analyzing price action.)\u003cbr\u003e\u003cbr\u003eDISTRIBUTIONS\u003cbr\u003e\u003cbr\u003eLets begin with a short description of distributions. What if someone asked you, How fast do cars go on the freeway? You are analytical. You want to find the answer. You rent a radar gun and a tripod, set the equipment up on an overpass, and record the speed of every vehicle that passes beneath the overpass for the next hour. Obviously, you would get many different values for the speeds of the different vehicles that traveled under the overpass.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133939937649,"sku":"170BLAKPDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1e2ba380-6dce-4a91-af25-1962461950af.jpg?v=1739658486"},{"product_id":"stcov283bema","title":"Stocks \u0026 Commodities V. 28:4 (30-32 ): Bear Market Survival Kit by Anthony Trongone, PhD, CFP, CTA","description":"Bear Market Survival Kit by Anthony Trongone, PhD, CFP, CTA\u003cbr\u003e\u003cbr\u003eAny system can produce stellar results when it suggests taking a position in the same direction of a trending market. But what do you do when the market quickly changes direction?\u003cbr\u003e\u003cbr\u003eFew if any trading systems work across all economic environments. As you know, any system can produce superlative results when it suggests taking a position in the same direction of a trending market. However, the performance of these same systems is rendered ineffective as soon as the market changes direction. This article shows how you can capture profits when taking a long position in a downtrending market. Going back to the 340 days of the previous bear market, I ran the numbers to see if a late upside rally contributed to additional buying or if it reinforced more selling when we are in such a nasty trading environment.\u003cbr\u003e\u003cbr\u003eGOING AGAINST THE GRAIN\u003cbr\u003e\u003cbr\u003eWhen we are in the grips of a bear market, should we try to magnify profits by joining a late price run once it is in motion? Viewed another way, when the market is experiencing a strong rally from 3:00 to 3:30 pm, should we take a long position at 3:30 and hold this position until the ringing of the closing bell (4:00 pm)?","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133939970417,"sku":"\\V28\\C04\\074TROG.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b81474e4-de56-4bd7-8919-8ea43537c3f2.jpg?v=1739658489"},{"product_id":"stcov283rsit","title":"Stocks \u0026 Commodities V. 28:4 (38-40): RSI Trends by Cory Mitchell","description":"RSI Trends by Cory Mitchell\u003cbr\u003e\u003cbr\u003eWhat does the behavior of the relative strength index within a trend\ntell you about the strength of the trend?\u003cbr\u003e\u003cbr\u003eWhile one common method uses divergence between the relative strength index (Rsi) and price, we can go beyond that and find out if a trend is likely to continue. We can do so by looking at certain Rsi levels contained in a trend; this provides us with valuable information for making trades within the current trend. Watching for breakouts of these Rsi levels can also provide us with confirmation for what is happening with price.\u003cbr\u003e\u003cbr\u003eSUPPORT AND RESISTANCE LEVELS\u003cbr\u003e\u003cbr\u003eJust as price will show respect for support and resistance levels, Rsi levels do as well. This can be an extremely valuable tool for confirming trends and possible reversals. In a bull market, the Rsi (in this case, I will use the 14-day) will often be seen moving between 3040 lows and 8090 highs. In a bear market, it will move between 2030 and 6070. These key levels seem to hold in all markets regardless of the time frame. Each market seems to find its own support or resistance within the levels outlined.\u003cbr\u003e\u003cbr\u003eIn Figure 1 we see the Dow Jones Industrial Average (Djia) in a downtrend. The Rsi at the bottom of the chart shows that the indicator only gets as high as 67 during the entire downtrend (the middle line marks the 50 level). The Rsi has respected that resistance level throughout its downtrend. Near the bottom of the Rsi, we see that the Rsi has bottomed around the 30 level with extreme lows at 22. This is valuable information, as these levels can provide us with confirmation that this trend will continue, or the level on the Rsi where it is likely to reverse.\u003cbr\u003e\u003cbr\u003eIn Figure 2 is another example, this time with an uptrend and a downtrend. During the uptrend (orange lines on Rsi), the Rsi moves between 37 (each stock or market will have its own levels within a few points of the bear\/bull levels specified) and 80. As the price accelerated upward from January through June 2008 the 40 level on the Rsi was not approached, as the Rsi stayed in the 5070 range most of the time. As the price began to break down in July 2008, the Rsi broke through that 37 support level and established a new range (red lines on Rsi), this time at the lower levels of 2760.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133940003185,"sku":"\\V28\\C04\\077MITC.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_eaafdb9d-ae36-496b-8912-b17ce040da45.jpg?v=1739658491"},{"product_id":"stcov286prre4","title":"Stocks \u0026 Commodities V. 28:5 (60-62): Product Review: MarketGauge Opening Range Success Formula by D. D Peterson","description":"Product Review: MarketGauge Opening Range Success Formula by D. D Peterson\u003cbr\u003e\u003cbr\u003eOpening Range Success Formula, MarketGauges new product, is a trading course and mastery program, with multiple strategies for daytrading equities and commodities. Opening Range Success Formula is based on pattern-based trading strategies. There are two parts to Opening Range Success Formula: the OR Blueprint and OR Mastery. Lets take a look at each.\u003cbr\u003e\u003cbr\u003eOR BLUEPRINT\u003cbr\u003e\u003cbr\u003eThis is where you learn what MarketGauge calls its opening range trading strategies. There are nine modules about six hours in length. The Introduction module is basically a synopsis of the trading backgrounds of MarketGauge cofounders Keith Schneider and Geoff Bysshe. The second module, Basic Opening Range Theory, gives you the overall approach. The next six modules give you specific trading pattern setups, such as momentum swing trade with three-day pivots (Figure 1), gapping bulls and bears, and reversal trade. The ninth module is the conclusion.\u003cbr\u003e\u003cbr\u003eOne of the charts in the theory module provides some interesting statistics. In general, the first 30 minutes of each day establishes the high or low of the day 35% of the time, and in periods of expanded volatility, this percentage tends to rise. Just prior to attending a Las Vegas conference, Bysshe demonstrated this with a brief period, showing that the high and low were established 68% of the time, as annotated on the chart with up and down arrows (Figure 2).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941608817,"sku":"\\V28\\C05\\100PR.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_50c5fdde-5d2b-4652-8e1c-726d052aa856.jpg?v=1739658613"},{"product_id":"stcov287trti1","title":"Stocks \u0026 Commodities V. 28:6 (70-80): Traders' Tips by Technical Analysis, Inc.","description":"Traders' Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThis months Traders Tips are based on John Ehlers and Ric Ways article in this issue, Fractal Dimension As A Market Mode Sensor.\nEasyLanguage code isprovided in the articles sidebar to help readers implement the indicator, and also at the end of this document. Code for other programs is presented here as contributed by various software developers.\nReaders will find these and more Traders Tips at the Stocks \u0026amp; Commodities website at www.Traders.com in the Traders Tips area, from where the code can be copied and pasted into the appropriate program. In addition, the code for each program is usually available at the respective software companys website. Thus, no retyping of code is required for Internet users.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133943050609,"sku":"V28C06-121TIPS","price":5.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a2eed991-0c3a-4f81-8ac0-33e720e9f9e6.jpg?v=1739658727"},{"product_id":"stcov283qaby1","title":"Stocks \u0026 Commodities V. 28:5 (31): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eWHEN DO YOU ADD TO A POSITION?\u003cbr\u003e\u003cbr\u003eIm an intraday stock trader. Ive never had a problem cutting my losses, but I could use a little guidance when it comes to taking more advantage from my winners. I know one option is to add on dips. Do you ever add to a position if it starts working right after you buy it? JKlar\u003cbr\u003e\u003cbr\u003eTrading decisions are based on all the variables involved, not just the stocks price movement. One variable, of course, is the time frame the trader is accustomed to. If you are a short-term, high-frequency trader, then you may choose to take small profits, or losses, several times per day. If you look at multiday time frames, then you should set price targets, for profits and losses both.\u003cbr\u003e\u003cbr\u003eIn either case, you should look at overall market conditions. Assume you bought 500 shares of Xyz at 28.40 with the premium to the days fair value for futures is a plus $0.50, for example. Now the stock price is $28.60 and premium has turned to a discount of $0.50, you should consider selling the long position. We also look at ticks (the net of upticks vs. downticks, pivot points, peer pricing, and the value of the most correlated pair). All of these indicators should be right at hand to help you with your entries and exits.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133952815473,"sku":"\\V28\\C05\\092QA.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_bf54a428-22b2-4049-a15e-e36606886764.jpg?v=1739658813"},{"product_id":"stcov283mema","title":"Stocks \u0026 Commodities V. 28:7 (34-38): Measuring The Markets With Pivots by Austin Passamonte","description":"Measuring The Markets With Pivots by Austin Passamonte\u003cbr\u003e\u003cbr\u003ePrice action across all financial markets adheres to repeated patterns and reacts to evolving price levels through any given period of time. Using dynamic pivots is one way to measure price action in any market.\u003cbr\u003e\u003cbr\u003eA critical piece of the trading puzzle is determining which way price trend will go. Stating the obvious? Well, yes and no. Trend is a highly relevant term, pertaining to the timeline of a trades expected hold time on a clock and\/or distance on a chart. Do we intend to exit quickly or intraday for relatively small to modest gains? Hold through market noise for bigger gains? Overnight or beyond several sessions for trend trade gains? By definition, an uptrend for one relative time frame can be a downtrend for smaller or larger time frames.\u003cbr\u003e\u003cbr\u003eYou can measure price action in many different ways. Moving averages, trendlines, and basic floor trader pivots are some of many popular chart tools for determining price direction or trend. Floor trader pivots are calculated based on the average of the high, low, and close of the previous trading day. They tend to be static.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133961957745,"sku":"132PASSPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a72a1604-df3e-4ad9-a332-582f1a7e91c2.jpg?v=1739658918"},{"product_id":"stcov286prre9","title":"Stocks \u0026 Commodities V. 28:10 (62-65): Product Review: Edge by Dennis D Peterson","description":"Product Review: Edge by Dennis D Peterson\u003cbr\u003e\u003cbr\u003eEdge, part of the Bollinger on Bollinger product available at www.BollingerBands.com, was created by technician John Bollinger to provide unique analytical data for predicting the next days move. There are four categories of data: day of the week, end of the month, sequences, and holidays. Because Edge uses historical data, you can specify the date range to calculate the statistics, and of course, you can choose the tradable to be analyzed.\u003cbr\u003e\u003cbr\u003eOVERVIEW\u003cbr\u003e\u003cbr\u003eAs traders, most of us know that the market behaves differently depending on the time of year. Triple witching occurs four times a year (third Friday of March, June, September, and December) when contracts for stock options, stock index options, and stock index futures expire. Those Fridays are volatile or has program trading changed that dynamic? Holidays, too, are unpredictable, but is it the same for all equities? Whats going on with the end of the month? For that matter, what about the day of the week? Do Mondays behave differently than Fridays?","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133963399537,"sku":"198PRPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f388fcbf-97cc-4235-b2f5-d2e71a7f4b11.jpg?v=1739659032"},{"product_id":"stcov28866le","title":"Stocks \u0026 Commodities V. 28:3 (8-9, 66): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eVALUABLE INFORMATION\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eI just wanted to send you a note regarding S\u0026amp;C. I have been a subscriber for a while but havent done a lot of reading of your magazine. However, while spending the holidays at my sons house, I completely went through the December 2009 issue. I discovered that virtually every page has valuable information, and it was a very educational experience.\nI will be reading further issues of S\u0026amp;C from cover to cover.\nJohn J. Dueweke\u003cbr\u003e\u003cbr\u003eThank you for writing. Our goal is always to provide ideas and information in every issue to help readers trade better, and we appreciate feedback from our readers.\nEditor\u003cbr\u003e\u003cbr\u003ePOINT \u0026amp; FIGURE CHARTING SOFTWARE\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eI have a question regarding point \u0026amp; figure charting. I mostly use MetaStock and AmiBroker for technical analysis. They are both excellent in what they do, but I am looking for charting software that is dedicated to point \u0026amp; figure.\nWhat is some of the charting software that S\u0026amp;C has reviewed? What about Bulls-Eye Broker (www.pointandfigure.com\/)?\nRajiv Vyas\nBaltimore, MD","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133963432305,"sku":"\\V28\\C03\\041LETT.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5dfbf025-b4d9-4ef9-b058-75fd08181806.jpg?v=1739659035"},{"product_id":"stcov281wiba","title":"Stocks \u0026 Commodities V. 28:11 (14-18): Winning The Battle of The Grains by Jay Kaeppel","description":"Winning The Battle of The Grains by Jay Kaeppel\u003cbr\u003e\u003cbr\u003eIs there a way to exploit the seasonal tendencies of these two markets?\u003cbr\u003e\u003cbr\u003eNO this contest is not going to involve any kind of a taste test. Nor will this competition offer the wit and humor of Mad magazines Spy vs. Spy serial cartoon. Still, to traders looking for a tempting trading idea to snack on, the interplay between corn and wheat can be, well, quite tasty. As everyone knows, corn and wheat are both essential grains that are planted, grown, and harvested and then used to create myriad food products. While corn can be eaten whole or milled, wheat typically is milled in order to make it useful for creating other food products.\u003cbr\u003e\u003cbr\u003eBut there is another key difference between these two grains, and that is the time frame in which they are primarily grown. While both grains are grown in various locations around the globe, in the United States the bulk of the corn and wheat is grown in the Midwest. Given the vagaries of weather in that region, there is the potential for great uncertainty from year to year regarding the size of a given years crop for either or both of these grains.\u003cbr\u003e\u003cbr\u003eBut the real key to playing the game of corn versus wheat is in understanding the difference between the planting cycles of these two grains and the psychology of supply concerns.\u003cbr\u003e\u003cbr\u003eA TIME TO REAP, A TIME TO SOW\u003cbr\u003e\u003cbr\u003eThe greatest period of doubt for a given grain is during that time when no seeds are in the ground. At that point, no conclusions can be drawn about the size of the next impending crop. As a result, that is when a given grain is most likely although by no means certain to rise in price. Likewise, once the growing season is reaching its end, the outcome of the impending harvest is pretty well known, for better or for worse, and prices will tend to lose any fear premium that might have been built in earlier in the growing cycle.\u003cbr\u003e\u003cbr\u003eAs it turns out, corn and wheat have very different growing seasons, so in theory the price should rise and fall at different times. And as it turns out, this tends to be the reality.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133964939633,"sku":"208KAEPPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_21fd58da-780c-430e-855f-ac114ed6a59e.jpg?v=1739659139"},{"product_id":"stcov284enfi","title":"Stocks \u0026 Commodities V. 28:13 (44-49): Entering The Fibonacci Zone With Carolyn Boroden by J. Gopalakrishnan and B. Faber","description":"Entering The Fibonacci Zone With Carolyn Boroden by J. Gopalakrishnan and B. Faber\u003cbr\u003e\u003cbr\u003eCarolyn Boroden is a Commodity Trading Advisor and technical analyst specializing in Fibonacci analysis. Her unique form of price and time analysis is quickly proving to be one of the most promising trading techniques using Fibonacci available today, leading to her nickname as the Fibonacci Queen. Borodens first book, Fibonacci Trading: How To Master The Time And Price Advantage, was published by McGraw-Hill in 2008. Borodens background includes working on the major trading floors including the Chicago Mercantile Exchange, the Chicago Board of Trade, Nyfe, and Comex. She taught a segment of the Chicago Commodity Boot Camp seminars for four years on advanced trading techniques using Fibonacci ratios on both the time and price axes of the market. Boroden has been a featured speaker on Fibonacci analysis for such venues as the Market Technicians Association, the Online Trading Expo, TradingMarkets, and Cornerstone Investments Group. Currently, she runs a daytrading chatroom featured on www.fibonacciqueen.com.\u003cbr\u003e\u003cbr\u003eTechnical Analysis of Stocks \u0026amp; Commodities Editor Jayanthi Gopalakrishnan and Staff Writer Bruce Faber interviewed Carolyn Boroden via telephone on January 20, 2010.\u003cbr\u003e\u003cbr\u003eCarolyn, how did you get interested in trading?\u003cbr\u003e\u003cbr\u003eI had no interest whatsoever in the markets until I started working for a living at a very young age. My cousin invited me to interview on Wall Street because she knew I was working a couple of jobs on Long Island, and she thought that Wall Street would be a better fit for me. So I interviewed and got my first job with Donaldson Lufkin Jenrette as a secretary\/gofer to the government bond trading room at Dlj. After I was there for a year and a half, one of the traders asked me to help him with some futures tickets. The next thing I knew, there was a job opening on the Chicago Mercantile Exchange (Cme), and they shipped me out there when I was 20. Thats how I got involved with the markets. It was a fluke, and now they cant get rid of me.\u003cbr\u003e\u003cbr\u003eAfter I got to Chicago and worked on the trading floor there, I got interested in the basic technical analysis course offered by Ken Shaleen and I read John Magee and Robert Edwards Technical Analysis Of Stock Trends, the technical analysis bible.\u003cbr\u003e\u003cbr\u003eYou are considered to be an expert in the application of Fibonacci levels. What got you interested in those particular numbers series?\u003cbr\u003e\u003cbr\u003eI had a broker friend who referred to Fibonacci ratios. I had no idea what he was talking about, but he made it sound interesting. So I went to a seminar and saw a presentation by Robert Miner, who talked about applying Fibonacci on both the price and time axes of the market. It was then that a lightbulb switched on for me. I was especially fascinated with the timing analysis part of it. I met him after his presentation and he invited me to his seminar the next day, and that was the beginning of my Fibonacci education.\u003cbr\u003e\u003cbr\u003eRobert Miner actually wrote for us quite a while ago and I was also very interested in his price and time projections as a forecasting tool. Do you use a lot of clusters in your chart analysis?\u003cbr\u003e\u003cbr\u003eI like to see the clustering effect of the ratios from different swings on a chart. I have three specific setups that I work on every day. Those setups are in my book, Fibonacci Trading. I do Fibonacci price cluster setups, which is the coincidence of at least three or more Fibonacci price relationships that come together within a relatively tight range. I also run two-step pattern setups, which also might be called a zigzag pattern in Elliott wave terms, or Gartley patterns. I also use symmetry setups, which use measured moves in the direction of the trend to get involved in the market in the direction of the trend.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133964972401,"sku":"V28C13-065INTR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5693f417-31fc-4ece-a186-2a503e664d7d.jpg?v=1739659142"},{"product_id":"stcov285wefo","title":"Stocks \u0026 Commodities V. 28:1 (54): Websites For Traders: TheHighTowerReport.com by J. Gopalakrishnan","description":"Websites For Traders: TheHighTowerReport.com by J. Gopalakrishnan\u003cbr\u003e\u003cbr\u003eTHEHIGHTOWERREPORT.COM\u003cbr\u003e\u003cbr\u003eThe blog of parent site The Hightower Report (futures-research.com), an independent research firm, thehightowerreport.com is a comprehensive news site devoted to the commodity markets. Its editorial content is timely and well written, making it a great resource for anyone interested in the commodity markets.\u003cbr\u003e\u003cbr\u003eThere is a diverse collection of featured stories, commentaries of different markets such as metals, energy, wheat, corn, soybeans, equities, bonds, and currencies. The content is a combination of technical and fundamental analysis, specific to the commodity markets. You wont find too much on chart patterns or technical indicators. Some of the content is just an excerpt or sample. In order to read the full story, you will have to sign up for a subscription service at futures-research.com. Nonetheless, there is enough on this blog to give you an idea of what is happening in the commodities market.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133965005169,"sku":"\\V28\\C01\\010WS.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_8a2d8e63-84da-48e0-b047-dc74b097edee.jpg?v=1739659144"},{"product_id":"stcov288leto4","title":"Stocks \u0026 Commodities V. 28:10 (8-9): Letters to S\u0026C by Technical Analysis, Inc.","description":"Letters to S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eCUSTOM PROGRAMMING SERVICES\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eThe article Measuring The Markets With Pivots by Austin Passamonte in the July 2010 issue and the June 2010 article about forex trading combining chess logic and mathematics (The Forex Gambit by Walter T. Downs) both contain interesting ideas.\u003cbr\u003e\u003cbr\u003eSince I am not a programmer, do you know how one could contact a programmer that would be interested in compiling programs based on these ideas? (Programs compiled in EasyLanguage for TradeStation apparently work with the system I use, which is DealBook 360.)\u003cbr\u003e\u003cbr\u003eP. Scott\u003cbr\u003e\u003cbr\u003eYou can look for custom programming services in the classified advertising section of our magazine or in the Traders Resource area of our website, http:\/\/technical.traders.com\/Products\/home.asp, where you can search on the term programming in the Consultants category.\u003cbr\u003e\u003cbr\u003eYou could also check with the technical support department for the software you are using to see if custom solutions are offered, and also try checking with online user groups for customized solutions.\nGood luck.Editor","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133965037937,"sku":"187LETTPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b0d80a77-1837-4588-b8f6-f0f5e0e125e3.jpg?v=1739659147"},{"product_id":"stcov283mcdy","title":"Stocks \u0026 Commodities V. 28:3 (30-37): The McGinley Dynamic by Brian Twomey","description":"The McGinley Dynamic by Brian Twomey\u003cbr\u003e\u003cbr\u003eApply this market tool devised by a master technician to analyze the forex markets.\u003cbr\u003e\u003cbr\u003eThe McGinley dynamic is a market tool invented by veteran trader\/market technician John McGinley. Information about this tool was first published in the Market Technicians Associations Journal Of Technical Analysis as an outline in 1991 and published there as a full-blown study in 1997. I have attempted here to capture the thought processes of the mind of a master technician as he worked through the process of invention to perfection of this tool.\u003cbr\u003e\u003cbr\u003eBut before that, we must become reacquainted with some staples of technical analysis.\u003cbr\u003e\u003cbr\u003eMOVING AVERAGES\u003cbr\u003e\u003cbr\u003eA moving average is the study of the history of time series analysis. Early practitioners used various algorithms to smooth data and flatten various-shaped curves, yet this early work was quite primitive. Graduation methods were used later, like a fitting line using a least-squares rule for plotting and construction purposes. Fitting lines using the least-squares rule was later adopted by technical analysis in the family of moving averages. This began the process of interpolating data using probability theories and analysis.\u003cbr\u003e\u003cbr\u003eIn the Journal Of The Royal Statistical Society in 1909, G.U. Yule described instantaneous averages that R.H. Hooker had calculated in 1901 as moving averages. Yule identified properties of the variate difference correlation method. The term moving averages apparently entered the lexicon shortly after in 1912 through W.I. Kings publication of Elements Of Statistical Methods.\u003cbr\u003e\u003cbr\u003eLater adopting Yules studies, Harold Wold described moving averages in a 1938 study called Analysis Of Time Series. Others attribute exponential smoothing to R.G. Browns and Charles Holts individual works on inventory control in the 1950s.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970084209,"sku":"\\V28\\C03\\045WOM.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_08724a35-96c8-49b1-99cd-ea061803e575.jpg?v=1739659498"},{"product_id":"stcov284fufo","title":"Stocks \u0026 Commodities V. 28:6 (43): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eLOOKING FOR SUMMER PATTERNS\u003cbr\u003e\u003cbr\u003eWhat are some seasonal patterns we should be looking at for summer commodity trading?\u003cbr\u003e\u003cbr\u003eSeasonal patterns are evident in commodity markets throughout the entire year, but some of the best opportunities occur in summer. That said, the seasonal tendency of a market is just that an inclination to behave in a certain way, but it is not a guarantee. For seasonal traders, it is important not to become complacent in a speculation simply because it happens most years. Counterseasonal moves can be fierce and have been known to cause severe monetary damage to those caught unawares.\u003cbr\u003e\u003cbr\u003eThe grain markets often see a significant amount of spring and summer volatility as the markets contemplate planted acreage, growing conditions, and other factors. Prices are susceptible to bouts of weather spikes as traders react to news of conditions that are inevitably too wet or too dry. However, even during the most trying of growing conditions, early summer rallies have failed to maintain themselves in the long run.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970116977,"sku":"V28C06-115GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_295e86a3-61b6-4557-88ee-5f901993898b.jpg?v=1739659501"},{"product_id":"stcov281siri","title":"Stocks \u0026 Commodities V. 28:8 (18-22): Sidestepping Risk In Gold Futures by Anthony Trongone, PhD","description":"Sidestepping Risk In Gold Futures by Anthony Trongone, PhD\u003cbr\u003e\u003cbr\u003eWant to trade the gold market but reduce your\nexposure to its sharp downturns?\u003cbr\u003e\u003cbr\u003eThe brightest trading commodity is still the yellow metal. With its uncanny ability to achieve historic pricing records, golds demand remains strong. After decades of selling, central banks, most notably in Asia, are diversifying their foreign reserves by purchasing millions of tons of gold once more. If the fundamentals driving this investment remain attractive, the prospect of rising prices would increase; nevertheless, despite waves of explosive buying, many investors seem to be reluctant to take a position in the precious metal because they do not want to get caught in one of its unpredictable and ruinous meltdowns.\u003cbr\u003e\u003cbr\u003eCan you buy gold but still remain relatively risk-free? This article is for those market participants who want to do it all, who want to trade the gold futures contract (GC) but reduce their exposure to one of its painful downturns. How often do these corrections occur? Despite this contracts uplifting performance going back 513 trading days, the probability of experiencing a loss of $10 or more per contract in a single day was about three in every 13 trading days.\u003cbr\u003e\u003cbr\u003eNot having a position at all when there is a $10-plus correction is best, but thats not realistic. A more attainable objective is to gain a better understanding of what causes these steep losses.\u003cbr\u003e\u003cbr\u003eSETTING THE STAGE\u003cbr\u003e\u003cbr\u003eLets examine the impact that a $10-plus daily loss has on the trading days immediately after a large loss. With a 100 multiplier, a $20 loss would result in a $2,000 setback for each contract.\u003cbr\u003e\u003cbr\u003eThis study begins after the $17.40 decline on March 4, 2008, and runs until March 17, 2010. During these 513 trading days, the continuous GC contract, which uses the nearby expiration date, had an increase of $157.90. (The historical daily pricing for this continuous contract [GC #F] comes from downloading the numbers at esignal.com.)\u003cbr\u003e\u003cbr\u003eAs of March 4, 2008, the GC contract stood at $966.30. Since then, it had a brief run to $1,000 but sank to $681 (October 24, 2008). A few weeks after the equities market began its bullish run, this contract took the spotlight as the price of the yellow metal made its way to an intraday price of $1,227.50 (December 3, 2009), finally sliding to a closing price of $1,124.20 on the last day of this study.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973459313,"sku":"147TROGPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7fd65a5e-65ef-48d3-a858-8c8948e202b4.jpg?v=1739659737"},{"product_id":"stcov285prre2","title":"Stocks \u0026 Commodities V. 28:8 (52-60): Product Review: Stockcharts.com by Jayanthi Gopalakrishnan","description":"Product Review: Stockcharts.com by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eStockCharts.com has long been a popular technical analysis website among chartists. It has been a while since we last reviewed stockcharts.com. Since then, several new features have been added that deserve attention, but before we get into that, I think an overview of the site is necessary.\nWhat chartist doesnt want to view charts, get a quick summary of market activity, learn about charting, keep up to date with relevant market information, and find stocks that meet their technical criteria? StockCharts.com is a useful one-stop site where you can find just about everything about financial market charts.\u003cbr\u003e\u003cbr\u003eHOME PAGE\u003cbr\u003e\u003cbr\u003eThe home page (Figure 1) gives you an overview of the current market. Theres an updated chart of the daily activity of the major indexes. You also see a list of the current popular charts at StockCharts.com as well as those that are consistently popular. You also have links to market summary and breadth charts. The market summary gives you an updated daily view of major indexes, sectors, bonds, commodities, and currencies. Clicking breadth charts displays a CandleGlance display of some of the market breadth indicators. CandleGlance charts display several small charts in one page so you can see various charts at one time.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973492081,"sku":"158PRPDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ae957825-f3f4-4033-8415-6964cf554721.jpg?v=1739659739"},{"product_id":"stcov283qaby","title":"Stocks \u0026 Commodities V. 28:4 (33): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eSUBPENNIES AND HIGH-FREQUENCY TRADING\u003cbr\u003e\u003cbr\u003eDon, I read your recent column about subpennies and high-frequency trading (S\u0026amp;C, March 2010). How have you and your traders adapted your order routing in the last few months?\u003cbr\u003e\u003cbr\u003eGood question. For the longest time we would advise our traders to park on an electronic communications network (Ecn) to collect rebates when they were waiting to be hit on a bid or offer. We would advise them to hit bids or take out offers on the primary exchange (Nyse, for example), since it was cheaper overall. Currently, we feel that it makes sense to do the latter most of the time since we are finding that when we park, we are getting fewer fills due to the high-frequency trading (Hft) orders getting placed in front of our orders. Hopefully, the regulators will work with liquidity providers to fix some of this.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133975032177,"sku":"\\V28\\C04\\075QA.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_23a9f480-8766-4a6b-a7a9-7f23e69a4e92.jpg?v=1739659853"},{"product_id":"stcov283outo","title":"Stocks \u0026 Commodities V. 28:9 (36-41): The Out Of The Money Butterfly Spread by Jay Kaeppel","description":"The Out Of The Money Butterfly Spread by Jay Kaeppel\u003cbr\u003e\u003cbr\u003e\nThis option trading strategy gives you a favorable reward-to-risk ratio and a wide profit range.\u003cbr\u003e\u003cbr\u003eThe primary reason investors and traders are drawn to option trading is the ability to enter into unique positions to take advantage of unusual opportunities that they would otherwise not be able to, simply by trading the underlying security. If you buy 100 shares of a given stock, you make $100 for each point it rises in price and you lose $100 for each point it declines in price. There are no exceptions to this rule.\u003cbr\u003e\u003cbr\u003eOn the other hand, using options makes it possible to craft a position that will profit based on a specific expected scenario. You can create a position that will make money if the stock goes up, another if the stock goes down, yet another if the stock goes up or down a lot, and another still that will profit if the stock simply stays within a narrow range. And there are more possibilities. Thus, it is not surprising that interest in option trading continues to grow. The key to achieving long-term success in options is to know what opportunities exist and acquire the knowledge necessary to be able to exploit them.\u003cbr\u003e\u003cbr\u003eHere, I will detail an option trading strategy that most traders have never considered the out-of-the-money (Otm) butterfly spread. This strategy can offer the trader a limited-risk method to enter into a trade with an extremely favorable reward-to-risk ratio while offering a wide range of profitability. Still, before attempting to grasp the concept of the Otm butterfly spread, you should have an understanding of a standard at-the-money butterfly spread. So thats where well start.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133976834417,"sku":"174KAPPPDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_3e899645-b6fe-447e-968e-d223101603f7.jpg?v=1739659972"},{"product_id":"stcov281smri","title":"Stocks \u0026 Commodities V. 28:13 (18-21): Smoothing The Ride With Moving Averages by Edward Donie","description":"Smoothing The Ride With Moving Averages by Edward Donie\u003cbr\u003e\u003cbr\u003eThere are many ways to smooth out fluctuations in the movement of prices. So whats the best?\u003cbr\u003e\u003cbr\u003eBecause of the daily volatility of prices, investors use many methods to smooth out these fluctuations to analyze longer time frame trends in price movements. Two common methods are the simple moving average (Sma or MA) and the exponential moving average (Ema). Both are calculated for a variety of time frames. They can also be combined to create other indicators and signals. Which is better? We will examine two frequently used time frames, 20 days and 50 days.\u003cbr\u003e\u003cbr\u003eSIMPLE MOVING AVERAGE\u003cbr\u003e\u003cbr\u003eThe simple moving average for a particular number of days is the sum of most recent closes for that number of days divided by those days. After the close of trading, it is updated to include todays data and the data of the oldest day is dropped. This figure is plotted on charts to provide a smoother interpretation of the direction of prices. In the case of the 20-day simple moving average, it is calculated by adding the closing prices of the last 20 days and dividing that total by 20. The 50-day Sma is calculated by adding the closing prices of the last 50 days and dividing that total by 50.\u003cbr\u003e\u003cbr\u003eEXPONENTIAL MOVING AVERAGE\u003cbr\u003e\u003cbr\u003eThe calculation of the exponential moving average is less intuitive. It is calculated by taking a percentage of yesterdays exponential moving average and adding a percentage of todays close. The two fractions must total 100%. The fractions for any number of days can be found in many references. Fortunately, most charting packages include the Ema in their sets of charting tools, so all you have to do is specify the number of days or parameters you prefer. The percentages for 20- and 50-day Emas are shown in Figure 1.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978210673,"sku":"V28C13-062DONE","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_089b7318-f4f8-437a-89a6-c1bee54987b2.jpg?v=1739660075"},{"product_id":"stcov282foga","title":"Stocks \u0026 Commodities V. 28:6 (22-27): The Forex Gambit by Walter T. Downs","description":"The Forex Gambit by Walter T. Downs\u003cbr\u003e\u003cbr\u003eThis trading strategy uses logic and analysis from math and chess. Its bold, its aggressive, and you dont lose sight of risk.\u003cbr\u003e\u003cbr\u003eI am an advanced chess player, and I have an advanced education in esoteric mathematics. Together, these two disciplines embody powerful logic and methods of analysis. I have created a system based on the idea of the gambit, a term borrowed from chess. In its essence, it is the sacrifice of material in order to launch a bold attack. The gambit is everything a trading system should be: audacious, dynamic, and fluid. When it is successful, it reaps great rewards.\u003cbr\u003e\u003cbr\u003eHere, when I am referring to logic and analytical technique from chess and math, I will refer to chess as C, and to math as M:\u003cbr\u003e\u003cbr\u003eC and M both favor economy of time and effort in relation to what is achieved.\u003cbr\u003e\u003cbr\u003eIn this regard, a daily time frame is the best choice. C and M both state that the optimal strategy is composed of the most prolific factors within the general theory and body of knowledge that governs the system. The general theory of technical analysis is:\u003cbr\u003e\u003cbr\u003e Market action discounts everything.\u003cbr\u003e\u003cbr\u003e Prices move in trends.\u003cbr\u003e\u003cbr\u003e History will repeat itself.\u003cbr\u003e\u003cbr\u003e\nWithin the body of knowledge, the most prolific factor that governs trend is the simple moving average (Sma). The most prolific price used is the closing price. The period used for the Sma is determined by M and is a value that has statistical significance. Therefore, the value used is 30.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978243441,"sku":"V28C06-110DOWN","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_2ea27eb2-f20f-4d9f-88b9-de9c518aa282.jpg?v=1739660077"},{"product_id":"stcov28565bo","title":"Stocks \u0026 Commodities V. 28:10 (52-55, 65): Boost Your Forex Trading Results With John Forman by J. Gopalakrishnan \u0026 B. Faber","description":"Boost Your Forex Trading Results With John Forman by J. Gopalakrishnan \u0026amp; B. Faber\u003cbr\u003e\u003cbr\u003eJohn Forman is a senior forex analyst for Thomson Reuters Ifr Markets, where he provides real-time intraday and longer-term market analyses from both a technical and fundamental perspective. Forman, who has more than 20 years of trading experience and has been a contributor to Stocks \u0026amp; Commodities, focuses on the foreign exchange and equity markets, but also follows interest rates and commodities. An active educator, Formans first book, The Essentials Of Trading, came out of his experience teaching trading and financial markets in the university classroom. His latest book in progress, New Trader Faqs, takes a collection of the most common new-trader questions and has them answered by a collection of experienced traders and market professionals. John Formans thoughts on trading can be found on his blog at www.TheEssentialsOfTrading.com.\u003cbr\u003e\u003cbr\u003eS\u0026amp;C Editor Jayanthi Gopalakrishnan and Staff Writer Bruce Faber interviewed John Forman via phone on August 6, 2010.\u003cbr\u003e\u003cbr\u003eJohn, why dont we start by having you tell us how you got into trading.\u003cbr\u003e\u003cbr\u003eThe Wall Street crash in 1987 was the thing that got me interested. I was only 17 when that happened and it really spiked my interest. It was shortly thereafter, probably early 1988 or so, that I opened my first stock trading account.\u003cbr\u003e\u003cbr\u003eWas that because you were intrigued by how much of a change could happen in one day, or at least in a short period of time?\u003cbr\u003e\u003cbr\u003eWell, it was two things. It was certainly the volatility and what that represented, but it was also looking at things like Ibm losing half of its value in a single day. I realized there had to be an opportunity there. If I had had money available, I could have made a profit as the stock rebounded. There was an opportunity there that I couldnt take advantage of, because I wasnt in the market. Thats when I decided that as soon as I was 18 and I could open my own account, I was going to do it.\u003cbr\u003e\u003cbr\u003eDid you start by trading your own account, or did you work for an organization?\u003cbr\u003e\u003cbr\u003eI was trading my own account and learning along the way.\u003cbr\u003e\u003cbr\u003eDid you start with equities?\u003cbr\u003e\u003cbr\u003eYes. We are talking 1988 and I did not have a lot of funds, so commodities and futures were beyond me at that point. The stock market was pretty much the only game. I dabbled in corporate bonds and things like that, but that was not my focus. It was definitely equities.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978276209,"sku":"196INTRPDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ad375ac9-087f-4328-aaaa-f17b6410f48d.jpg?v=1739660080"},{"product_id":"stcov28862le","title":"Stocks \u0026 Commodities V. 28:5 (8-10, 62): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eSAMPLE INDICATOR VALUES\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eI have a request. Would it be possible to include a set of sample data and expected indicator values when you provide the code for indicators? Perhaps you could post it at your website for download.\u003cbr\u003e\u003cbr\u003eI just read Empirical Mode Decomposition by John Ehlers in the March 2010 issue. Its a great article, and its very helpful that he has included the programming code. I have coded it into my backtesting software, and the indicator looks similar to the example figures in the article. But if I had a set of expected values, it would help a lot to verify that my code is working as expected. Without it, the code could be generating close or totally incorrect values and I would never know. Bugs like this could come from anywhere, such as incorrect coding or more often a simple typo. It would not have to be a lot of values, perhaps 5001,000 bars.\u003cbr\u003e\u003cbr\u003eDavid\u003cbr\u003e\u003cbr\u003eThank you for your feedback. We will keep your request in mind and encourage our authors to supply this if possible.\nEditor","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978308977,"sku":"\\V28\\C05\\089LETT.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ea2a2a8c-3fd6-4daf-9a37-cfc31322c85c.jpg?v=1739660084"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/collections\/volume-28-2010-18.gif?v=1739677680","url":"https:\/\/shop.traders.com\/collections\/volume28\/issue-04.oembed","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}