{"title":"Volume 33 (2015)","description":"\u003cp\u003eBrowse Volume 33 (2015) articles by issue:\u003c\/p\u003e\u003cdiv style=\"display:grid;grid-template-columns:repeat(4,minmax(0,1fr));gap:10px;text-align:center;\"\u003e\n\u003ca href=\"?constraint=issue-01#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1501_Minicover.gif\" alt=\"Volume 33 January cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eJanuary\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-02#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1502_Minicover.gif\" alt=\"Volume 33 February cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eFebruary\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-03#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1503_Minicover.gif\" alt=\"Volume 33 March cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eMarch\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-04#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1504_Minicover.gif\" alt=\"Volume 33 April cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eApril\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-05#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1505_Minicover.gif\" alt=\"Volume 33 May cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eMay\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-06#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1506_Minicover.gif\" alt=\"Volume 33 June cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eJune\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-07#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1507_Minicover.gif\" alt=\"Volume 33 July cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eJuly\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-08#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1508_Minicover.gif\" alt=\"Volume 33 August cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eAugust\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-09#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1509_Minicover.gif\" alt=\"Volume 33 September cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eSeptember\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-10#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1510_Minicover.gif\" alt=\"Volume 33 October cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eOctober\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-11#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1511_Minicover.gif\" alt=\"Volume 33 November cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eNovember\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-12#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1512_Minicover.gif\" alt=\"Volume 33 December cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eDecember\u003c\/div\u003e\u003c\/a\u003e\u003ca href=\"?constraint=issue-13#ProductGridContainer\" style=\"display:block;text-decoration:none;\"\u003e\u003cimg src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/1513_Minicover.gif\" alt=\"Volume 33 Bonus Issue cover\" style=\"width:100%;height:auto;display:block;\"\u003e\u003cdiv style=\"margin-top:8px;\"\u003eBonus Issue\u003c\/div\u003e\u003c\/a\u003e\n\u003c\/div\u003e","products":[{"product_id":"stcov33233fu","title":"Stocks \u0026 Commodities V. 33:08 (23, 33): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eUNCHARTED TERRAIN\u003cbr\u003e\u003cbr\u003eShould I be considering managed futures?\u003cbr\u003e\u003cbr\u003eMany beginning futures traders who struggle to make money find themselves asking this question. The answer isnt as simple as yes or no, because not all managed futures programs are created the same. For instance, there can be significant differences in risk \u0026amp; reward profiles among various types of managed futures accounts. Believe it or not, there are some managed programs out there that rarely make money; yet those coming off hot years with high double-digit returns are likely trading in a manner that could translate into massive drawdowns the following year. Thus, it is important to do your homework before putting money to work in managed futures to ensure the program you choose fits your personality and portfolio...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133909168497,"sku":"V33C08_042GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a282796d-a4fc-43ab-a1f7-e38fe9f24c5f.jpg?v=1739656550"},{"product_id":"stcov332batr","title":"Stocks \u0026 Commodities V. 33:04 (22–25): Basket Trading Using A Directed Acyclic Graph by Dave Cline","description":"Basket Trading Using A Directed Acyclic Graph by Dave Cline\u003cbr\u003e\u003cbr\u003eA Tight Clique\u003cbr\u003e\u003cbr\u003eWhen trading a basket of securities, one or two nonconforming stocks will throw your system off track. Heres one way to ensure that the components of your portfolio travel together.\u003cbr\u003e\u003cbr\u003eTo successfully trade a mean-reverting basket of securities means the participants must behave and revert to the mean. If you get a couple of nonconformist stocks in your group, your entire system can get thrown off its wheels. Confirming that you have a collection of securities that constantly move together is a must in building such a basket. In this article, Ill demonstrate how to use a directed acyclic graph when selecting the components in your basket of securities to help ensure that your portfolio of instruments, in general, travel as one.\u003cbr\u003e\u003cbr\u003eDIRECTED ACYCLIC GRAPH\u003cbr\u003e\u003cbr\u003eA directed acyclic graph, or DAG, is like a network graph on a social site. If friend A and friend B are both friends with C, then chances are A and B might also be friends. A DAG represents the relationship map between nodes. You could think of it as the six degrees of separation of the equity world. In this case, the nodes of the graph are equities and the relationship metric Ill use is correlation. My objective is to build a network of equities that are all as correlated as a group as you can get them. See Figure 1 for an example.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133912346993,"sku":"V33C04_967CLIN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_9da706c0-53a3-4cec-a093-de42c36db0aa.jpg?v=1739656760"},{"product_id":"stcov332boma","title":"Stocks \u0026 Commodities V. 33:08 (20–22): Bond Markets \u0026 FX Effects by Tyler Yell","description":"Bond Markets \u0026amp; FX Effects by Tyler Yell\u003cbr\u003e\u003cbr\u003eThe actions of the central banks have significant effects on the financial markets. In this article, we look at the bond markets to see how they can impact the forex markets.\u003cbr\u003e\u003cbr\u003eIn an annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon said the bond market and the volatility that is likely to come is a core concern and would have major impacts in forex. The sharp spike in prices and subsequent drop in yields on October 15, 2014 confirmed his fears and should keep you on high alert of this nearly $93 trillion market.\u003cbr\u003e\u003cbr\u003eThis article will unpack Dimons statement and walk you through an overview of the state of the bond market, the effects of quantitative easing (QE) on the bond market, and how bonds affect trading capital flows and therefore forex prices. In addition, Ill look at common occurrences between QE, bond prices \u0026amp; yields, capital flow, and opportunities from resulting forex moves...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916213617,"sku":"V33C08_041YELL","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_cbc10438-602d-471d-9aed-c1e590aee99c.jpg?v=1739657063"},{"product_id":"stcov334exyo1","title":"Stocks \u0026 Commodities V. 33:06 (46–47): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eGETTING IN ON THE NEXT CHIPOTLE?\u003cbr\u003e\u003cbr\u003eIs there a reason you chose not to get in on the Chipotle Mexican Grill (CMG) IPO after it went public, seeing now that the stock is up 20-fold in the last nine years?\u003cbr\u003e\u003cbr\u003eI have two reasons for that. The first is that I typically dont buy stocks outright, and the second is that I dont buy new David companies trying to occupy Goliath territory. Thats exactly what Chipotle did, and with great fashion (Figure 1).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133916246385,"sku":"V33C06_011GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e3aaaab6-a010-4a60-9aa7-0a72be7b2b10.jpg?v=1739657065"},{"product_id":"stcov334trti3","title":"Stocks \u0026 Commodities V. 33:09 (48–54): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is John Ehlers article in this issue, Decyclers. Here, we present the September 2015 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eThe code for the following Traders Tips selections is posted here:\u003cbr\u003e\u003cbr\u003e Traders.com -\u0026gt; HomeS\u0026amp;C Magazine -\u0026gt; Traders Tips\u003cbr\u003e\u003cbr\u003e(Or from Traders.com, scroll down to the current articles section and click on the Traders Tips tab.)\u003cbr\u003e\u003cbr\u003eThe Traders Tips section is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries here are contributed by software developers or programmers for software that is capable of customization.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133919261041,"sku":"V33C09_067TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_b98d202a-025e-4115-bcc9-955b379f1ea3.jpg?v=1739657279"},{"product_id":"stcov334trti2","title":"Stocks \u0026 Commodities V. 33:08 (49–54): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, we focus\non Vitali Apirines June 2015 article, The\nSlow Volume Strength Index, as a followup\nto last months Traders Tips, which\nfocused on Vitali Apirines April 2015 article,\nThe Slow Relative Strength Index.\nHere, we present the August 2015 Traders\nTips code with possible implementations\nin various software.\u003cbr\u003e\u003cbr\u003eThe code for the following Traders Tips selections is\nposted here:\u003cbr\u003e\u003cbr\u003e Traders.com -\u0026gt; HomeS\u0026amp;C Magazine -\u0026gt;\nTraders Tips\u003cbr\u003e\u003cbr\u003e(Or from Traders.com, scroll down to the current articles\nsection and click on the Traders Tips tab.)\u003cbr\u003e\u003cbr\u003eThe Traders Tips section is provided to help the reader\nimplement a selected technique from an article in this issue\nor another recent issue. The entries here are contributed\nby software developers or programmers for software\nthat is capable of customization.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133921128817,"sku":"V33C08_049TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ee25d147-2cc8-4f21-8f87-29719242fae1.jpg?v=1739657382"},{"product_id":"stcov331trfo1","title":"Stocks \u0026 Commodities V. 33:02 (10-14): Trading Forex: More On Charting by Imran Mukati","description":"Trading Forex: More On Charting by Imran Mukati\u003cbr\u003e\u003cbr\u003eBetween The Price Bars\u003cbr\u003e\u003cbr\u003eIn the fourth part of this six-part series, well look at some of the more common chart patterns, moving averages, indicators, and Elliott wave theory.\u003cbr\u003e\u003cbr\u003eIn part 3, I touched upon some of the common candlestick chart patterns that you are likely to encounter when looking at currency charts. In this article, Ill continue examining technical analysis by looking at some other tools that can be useful when trading the forex markets.\u003cbr\u003e\u003cbr\u003eDOUBLE TOPS \u0026amp; BOTTOMS\u003cbr\u003e\u003cbr\u003eThe first patterns Ill consider are double tops \u0026amp; double bottoms (Figures 1a \u0026amp; 1b). These patterns share similar characteristics with the head \u0026amp; shoulders pattern. The double top is a bearish signal, formed when a currency pair hits a resistance level, fails to break through, and attempts to break it again. After the second failure, the price falls. The point to which the price falls between these two peaks is the neckline. While it might look like a support line, it really isnt much of onesomething that becomes clear after the currency falls from its second peak and blows right through the neckline.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133922799985,"sku":"V33C02_923MUKA","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0d1d9b89-0a68-447a-a3ce-b8a46963144b.jpg?v=1739657499"},{"product_id":"stcov334prre1","title":"Stocks \u0026 Commodities V. 33:1 (48-52): Product review: MotiveWave Ultimate 3.5.4 by Donald W. Pendergast Jr.","description":"Product review: MotiveWave Ultimate 3.5.4 by Donald W. Pendergast Jr.\u003cbr\u003e\u003cbr\u003eMOTIVEWAVE SOFTWARE\u003cbr\u003e\u003cbr\u003e34 Eglington Ave. West, Suite 127, Toronto, ON M4R 2H6 Canada\u003cbr\u003e\u003cbr\u003einternet: www.motivewave.com\u003cbr\u003e\u003cbr\u003ephone: 416 840-4602, (fax) 416 628-3515\u003cbr\u003e\u003cbr\u003eemail: sales@motivewave.com\u003cbr\u003e\u003cbr\u003eproduct: Advanced charting and trading platform\u003cbr\u003e\u003cbr\u003eprice: 14-day free trial; 90-day lease $295; six-month lease $555; lifetime license $1,595; updates $199\u003cbr\u003e\u003cbr\u003eWithin the ever-evolving universe of trading and market analysis software, competition is fierce, innovation is plentiful, and customers are becoming more difficult to please. What may have been widely regarded as best in class software five or 10 years ago may not even be a viable contender in 2014 as market dynamics change and market participants develop greater understanding of the most effective ways to capitalize on such changes. As such, traditional one-size-fits-all toolbox programs may leave a lot to be desired, particularly if they dont feature in-depth, leading-edge analysis, scanning, charting, and relevant trading tools. MotiveWave Ultimate 3.5.4 offers all of the toolbox items and more typically found in many of the big-name software\/charting packages, but its also packed with highly advanced Elliott wave and harmonic pattern trading tools. This should make it an increasingly popular package for those seeking to perfect their understanding and application of those methodologies in their quest for consistent profitability.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133926633841,"sku":"V33C01_917PRMO","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_8011e06d-6aaa-44a0-aeb5-1545c35f8642.jpg?v=1739657720"},{"product_id":"stcov331trfo3","title":"Stocks \u0026 Commodities V. 33:04 (14–19): Trading Forex: Planning Your Strategy by Imran Mukati","description":"Trading Forex: Planning Your Strategy by Imran Mukati\u003cbr\u003e\u003cbr\u003eThe Value Of Knowledge\u003cbr\u003e\u003cbr\u003eIn the final part of this introductory series on forex trading, we look at some important aspects of trading strategies and how you can develop one. Well also look at some sources of data and potential indicators to use in forex trading.\u003cbr\u003e\u003cbr\u003ePlanning your trading strategy requires a thorough understanding of the market you wish to trade. If youre going to trade the forex markets, the first step is to understand how certain markets are interrelated. One of the most important relationships to watch in the currency markets is how the various pairs and crosses are correlated with price movements in commodities especially. A correlation is, as the name tells us, a relationship between two things. In the financial markets, correlation means that an equity, currency pair, commodity, or market moves predictably along with another. Correlation can be positive, in that when A moves up, so does B; or it can be negative, meaning that when A increases, B decreases (and vice versa).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133928141169,"sku":"V33C04_965MUKA","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_97bd7a4c-a8c2-4a9b-b0a3-107a78c2644e.jpg?v=1739657831"},{"product_id":"stcov332trfi","title":"Stocks \u0026 Commodities V. 33:12 (20–23): Trading First-Hour Breakouts by Ken Calhoun","description":"Trading First-Hour Breakouts by Ken Calhoun\u003cbr\u003e\u003cbr\u003eIt is well known that as soon as the markets open, theres a significant amount of trading activity, much of which is strong breakout patterns. How do you identify which of these patterns are strong enough to continue and generate successful trades? Find out here.\u003cbr\u003e\u003cbr\u003eMany of the strongest breakout trade entries can be found using specific chart patterns that you can see during the first hour of each trading day. When youre looking for successful breakout trades, it helps to visually scan for these technical trade setups during the market open for potential swing and intraday trades.\u003cbr\u003e\u003cbr\u003eOne reason these patterns work so well is because institutional traders enter high-volume market on open client orders during the first few minutes of each trading session, which leads to rapid breakouts that you can capitalize on...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133928173937,"sku":"V33C12_111CALH","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_402508a1-8934-4468-bbd6-4ae3ad9cc309.jpg?v=1739657834"},{"product_id":"stcov33754le","title":"Stocks \u0026 Commodities V. 33:09 (7, 54): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eERRATA: SHANNON ENTROPY\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eIn looking at Stephen Massels article Shannon Entropy in the August 2015 STOCKS \u0026amp; COMMODITIES, he gives message 1 as 0101110100110001 and message 2 as 1110001110000111.\u003cbr\u003e\u003cbr\u003eIn the table of Figure 1 in the article, it shows that pattern 10 occurred three times for message 1, but should it have been four times instead? And accordingly, the probabilities for message 1 would be as follows:\u003cbr\u003e\u003cbr\u003e(11, P=3\/15) , (10 , P=4\/15) , ( 01 , P=5\/15) , (00 , P=3\/15)\u003cbr\u003e\u003cbr\u003eAs for message 2, pattern 10 occurred two times instead of five, and the probabilities for message 2 should be as follows...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133928206705,"sku":"V33C09_055LETT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_ffda1c97-3223-46da-a851-251944cafd1b.jpg?v=1739657836"},{"product_id":"stcov33454pr","title":"Stocks \u0026 Commodities V. 33:03 (44-46, 54): Product review: OptionStrategist.com (Part 2) by Technical Analysis, Inc.","description":"Product review: OptionStrategist.com (Part 2) by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eMcMILLAN ANALYSIS CORP.\u003cbr\u003e\u003cbr\u003ePO Box 1323Morristown, NJ 079621323\u003cbr\u003e\u003cbr\u003ePhone: 800 724-1817 Fax: 973 328-1303\u003cbr\u003e\u003cbr\u003eEmail: info@optionstrategist.com Website: www.optionstrategist.com\u003cbr\u003e\u003cbr\u003ePrice: Various products and services are available. See website for details.\u003cbr\u003e\u003cbr\u003eHere in the second part of this two-part review, well discuss The Option Strategist newsletter and other products and services offered by OptionStrategist.com.\u003cbr\u003e\u003cbr\u003eOPTION STRATEGIST NEWSLETTER\u003cbr\u003e\u003cbr\u003eThe newsletter comes out biweekly and has an update called the hotline in between those weeks. It is typically 12 pages long and contains a wealth of information. It starts out with educational material such as an explanation of a specific strategy. There will often be examples to help explain the item under discussion.\u003cbr\u003e\u003cbr\u003eThe newsletter has specific areas it covers in every publication. Following the educational\/informative feature article is a table of follow-up actions as required for each open position. Next is a section titled sentiment indicators in which a stock market outlook is given based on various technical indicators, followed by sections on index options \u0026amp; volatility skewing, extremes in sentiment, and putcall ratios (Figure 1).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133930926449,"sku":"V33C03_949PROP","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5d211776-bd84-4e57-a539-9bff5d548b88.jpg?v=1739657945"},{"product_id":"stcov334prre","title":"Stocks \u0026 Commodities V. 33:1 (44-47): Product review: eSignal 12.0 by Technical Analysis, Inc.","description":"Product review: eSignal 12.0 by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eINTERACTIVE DATA CORP.\u003cbr\u003e\u003cbr\u003e3955 Point Eden Way, Hayward, CA 94545\u003cbr\u003e\u003cbr\u003ephone: 510 266-6000, 800 815-8256\u003cbr\u003e\u003cbr\u003ewebsite: www.esignal.com\u003cbr\u003e\u003cbr\u003eproduct: Trading software with streaming stock quotes and charting tools\u003cbr\u003e\u003cbr\u003eSystem requirements: Recommended: Windows 8, Windows 7 (64-bit); Intel Core i3\/i5\/i7; 4 GB RAM; 250 MB available disk space.\u003cbr\u003e\u003cbr\u003ePower User: Windows 8, Windows 7 (64-bit); Intel Core i7 (3.2 GHz or faster);8 GB RAM; 250 MB available hard disk space\u003cbr\u003e\u003cbr\u003eprice: Fees vary depending on whether you are paying by year or month. Additional fees are charged for increasing the number of symbols viewed, market quotes provided, and for third-party software; fees range from $49\/month to $395\/month call or see website for more pricing details.\u003cbr\u003e\u003cbr\u003eeSignal 12.0 adds two major new features: Market Screener Plus+ and Options Analytix. Both deserve an in-depth look to see how they can be beneficial to the trader. Two recent reviews of Advanced GET and eSignal 11 that appeared in this publication will help you get a broader perspective of this product that is rich in features. (See Further reading at end.)\u003cbr\u003e\u003cbr\u003eMARKET SCREENER PLUS+\u003cbr\u003e\u003cbr\u003eThe idea behind Market Screener Plus+ is to give you the ability to scan an entire exchange or just part of it. Several exchanges are available to choose from. If you wish to scan several exchanges simultaneously, youll need to pay the fee to access data from several exchanges: $25\/month for three, $35\/month for five, and $50\/month for 10. You need to use screening criteria, referred to as filters, to scan the markets. You can create filters and save them or use the prebuilt ones. Your choices for criteria are bar values, fundamental, and technical. In Figure 1 you see the interface for setting up your screening criteria. You will see that the criteria are defined by three columns, with the middle one being a relational operator. Hence, it is not necessary to know any programming language to define your criteria.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133932335473,"sku":"V33C01_916PRES","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_307cf1cc-6c94-4c95-81c5-e2a03be3967f.jpg?v=1739657948"},{"product_id":"stcov334quwa","title":"Stocks \u0026 Commodities V. 33:04 (42): Quick-Scan: WallStreetWindow.com by Jayanthi Gopalakrishnan","description":"Quick-Scan: WallStreetWindow.com by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eWALLSTREETWINDOW.COM\u003cbr\u003e\u003cbr\u003eTimingwallstreet, Inc.\u003cbr\u003e\u003cbr\u003ePO Box 11658, Danville, VA 24543\u003cbr\u003e\u003cbr\u003eProduct: WallStreetWindow Monthly financial investment newsletter ($197 for a lifetime subscription, which includes a 60-day trial period); WallStreetWindow Power Investor premium trading service (not currently accepting new members)\u003cbr\u003e\u003cbr\u003eThe financial markets, as we know, are global and cover multiple asset classes. If you narrowed your vision of the market to just one market, youd be doing yourself a disservice. Its evident from reading the newsletter and commentaries available on WallStreetWindow.com that founder and chief editor Mike Swanson believes in the importance of keeping an eye on how the global markets are performing. As he states in one of his newsletter issues, he invests in multiple markets mostly through exchange traded funds (ETFs).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133932368241,"sku":"V33C04_973QSWA","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_91731588-38c5-4f83-8f5c-3f4aabdc885f.jpg?v=1739657951"},{"product_id":"stcov337leto3","title":"Stocks \u0026 Commodities V. 33:11 (7): Letters To S\u0026C by Technical Analysis, Inc.","description":"Letters To S\u0026amp;C by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eMARKET FORECAST\u003cbr\u003e\u003cbr\u003eEditor,\u003cbr\u003e\u003cbr\u003eI really enjoyed Koos van der Merwes article in the September 2015 issue, Where Is The Market Heading? I know Merwe has 40 years of experience in studying the stock market, and in my opinion, his forecast was spot on...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133932401009,"sku":"V33C11_090LETT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_22e04ff9-7b28-4554-9e76-010f1a798698.jpg?v=1739657953"},{"product_id":"stcov331caan","title":"Stocks \u0026 Commodities V. 33:04 (10–12): Candlesticks And The Haguro Method by Gary Burton","description":"Candlesticks And The Haguro Method by Gary Burton\u003cbr\u003e\u003cbr\u003eLighting The Path\u003cbr\u003e\u003cbr\u003eAs technical traders, we must always consult the market. Heres a method that sets clear support \u0026amp; resistance levels and can be used to trade futures, equities, and forex pairs.\u003cbr\u003e\u003cbr\u003eIn this article I will attempt to give justice to the outstanding observations about market movements made by Seiki Shimizu in his book The Japanese Chart Of Charts. Shimizus text documents expected price movements following a particular candlestick shape.\u003cbr\u003e\u003cbr\u003eAs technical traders, we must always consult the market about the market. This is the first tenant of any technical trading system. As Shimizu put it:\u003cbr\u003e\u003cbr\u003e\"We should look at the market movement itself rather than look at economic policies. The art of candlestick charting started in the late 17th century in the port city Sarkata during the 8th Shogunate period long before forward-looking economic policy was considered as an investing tool. The trader should look at market movements as the ebb \u0026amp; flow of a river of the greater market emotions...\"","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133934104945,"sku":"V33C04_964BURT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_fba45cdd-1972-457a-b156-fb6168e998ef.jpg?v=1739658051"},{"product_id":"stcov338goye","title":"Stocks \u0026 Commodities V. 33:10 (8–10): Gold \u0026 The Yen by Tyler Yell","description":"Gold \u0026amp; The Yen by Tyler Yell\u003cbr\u003e\u003cbr\u003eDifferent financial markets can be related in ways you least expect. Here, well look at the relationship between the gold market and the Japanese yen.\u003cbr\u003e\u003cbr\u003eFinancial markets, much like the human body, are surprisingly interrelated. If one part of the body is ill, then feelings of malaise or weakness will likely permeate through the body. In a similar fashion, if one market sneezed, another may figuratively catch a cold due to common driving factors. Learning how one market can affect another market, either for good or bad, is the premise of intermarket analysis. This type of analysis can help you apply analysis from one market to another, which Ill do here with gold and the yen (JPY).\u003cbr\u003e\u003cbr\u003eINTERMARKET ANALYSIS EXPLAINED\u003cbr\u003e\u003cbr\u003eIntermarket analysis involves taking a cause \u0026amp; effect mindset. This type of mindset is common across all markets but most common in fundamental analysis, where one economic news release can cause traders and investors to look to the effects of their investment. In other words, all markets are related. What happens in a bond or commodity market can impact a currency or equity market...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133934137713,"sku":"V33C10_073YELL","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d6a13ff3-17b9-455b-ae8b-a126ca9aaa30.jpg?v=1739658053"},{"product_id":"stcov335trti1","title":"Stocks \u0026 Commodities V. 33:02 (50-55): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is Dave Clines article in this issue, Candlesticks, Condensed. Here, we present the February 2015 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eCode in the Python language is already provided by Cline, which S\u0026amp;C subscribers will find in the Subscriber Area of our website at Traders.com:\u003cbr\u003e\u003cbr\u003e Traders.com -\u0026gt; HomeS\u0026amp;C Magazine -\u0026gt;  S\u0026amp;C Article Code\u003cbr\u003e\u003cbr\u003eThe code for the Traders Tips section is posted here:\u003cbr\u003e\u003cbr\u003e Traders.com -\u0026gt; HomeS\u0026amp;C Magazine -\u0026gt; Traders Tips (Or from Traders.com, scroll down to the current articles section and click on the Traders Tips tab.)\u003cbr\u003e\u003cbr\u003eThe Traders Tips section is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries here are contributed by software developers or programmers for software that is capable of customization.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133936071025,"sku":"V33C02_934TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_32fcce72-0758-413e-8b73-5a8318efe43a.jpg?v=1739658201"},{"product_id":"stcov333dofr","title":"Stocks \u0026 Commodities V. 33:10 (32–35): Downloading Free Stock Data by Slawomir Bobrowski","description":"Downloading Free Stock Data by Slawomir Bobrowski\u003cbr\u003e\u003cbr\u003eTypically, market data is supplied by the exchanges and you have to pay for that data. Heres a look at how you can extract data from free resources.\u003cbr\u003e\u003cbr\u003eIn order to trade, you need a brokerage account, and that brokerage gets its data from the exchanges. Active traders who need real-time data at their fingertips will need to pay for that type of data. But if your data needs are not overly sophisticated, with some programming skills you can get your data at no cost from companies such as Google and Yahoo. The challenge is to get it into the format you need in order to program your trading systems.\u003cbr\u003e\u003cbr\u003eIn this article I will discuss free data downloading of:\u003cbr\u003e\u003cbr\u003e End-of-day (EOD) historical data\u003cbr\u003e\u003cbr\u003e Historical intraday stock price data\u003cbr\u003e\u003cbr\u003e Streaming real-time data.\u003cbr\u003e\u003cbr\u003eThese methods of data downloading are legal as long as you follow the data providers terms and conditions. Ill look at the above three types of data using the data provided by Google, Inc. in my examples...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133937447281,"sku":"V33C10_078BOBR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_29c5996c-f222-43d4-a541-4fa200406ce2.jpg?v=1739658307"},{"product_id":"stcov334buwe","title":"Stocks \u0026 Commodities V. 33:06 (48–49): Bullish Weekly Trend Reversal Signal by Donald W. Pendergast","description":"Bullish Weekly Trend Reversal Signal by Donald W. Pendergast\u003cbr\u003e\u003cbr\u003eRhythm \u0026amp; Bulls\u003cbr\u003e\u003cbr\u003eHeres an example of how the price performance can give an advance indication that a bullish reversal was overdue.\u003cbr\u003e\u003cbr\u003eAfter making a major multicycle high in May 2013 at $48.48, shares of Mattel Inc. (MAT) embarked on a 23-month long decline, finally bottoming at $22.32 on April 2, 2015. Savvy technicians who understand key market dynamics such as price cycles, money flow, and support\/resistance levels (S\/R) saw many bullish reversal dynamics lining up in the weeks before Mattels latest earnings release. Ill look at each of them.\u003cbr\u003e\u003cbr\u003eTHE SIGNS\u003cbr\u003e\u003cbr\u003eWhen a big brand-name stock like MAT has seen nearly two years of steady selling, sharp technicians (and value investors) will start to look for the telltale signs of a possible reversal, and MAT provided such chart readers with lots of exciting reversal dynamics to evaluate...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133937480049,"sku":"V33C06_012PEND","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_2a2575ed-8310-48c2-afe2-94f4a5f985b7.jpg?v=1739658309"},{"product_id":"stcov331mofl","title":"Stocks \u0026 Commodities V. 33:10 (12–17): The Money Flow Oscillator by Vitali Apirine","description":"The Money Flow Oscillator by Vitali Apirine\u003cbr\u003e\u003cbr\u003eWhen is there more buying or selling pressure? Heres an indicator that answers that question.\u003cbr\u003e\u003cbr\u003eThere are indicators available to the technician that measure buying and selling pressure such as the money flow index (MFI), the Chaikin money flow indicator (CMF), and the moving average convergence\/divergence (MACD). Each has its pros and cons, as all indicators do. After observing these indicators, I came up with an indicator that addresses some of the shortcomings of the existing indicators. I call this indicator the money flow oscillator (MFO), which is similar to the MFI, CMF, and MACD in that it measures buying and selling pressure but, as youll find out, its a little different. Thats not to say it doesnt have its share of drawbacks.\u003cbr\u003e\u003cbr\u003eHERE'S WHAT IT DOES\u003cbr\u003e\u003cbr\u003eThe MFO measures the amount of MFO volume over a specific lookback period. The default lookback period is 20 but that can be changed based on your trading style. The resulting indicator fluctuates above or below the zero line, similar to the way an oscillator does...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938758001,"sku":"V33C10_074APIR","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_74960797-cb2e-4723-b253-2533d530fee5.jpg?v=1739658409"},{"product_id":"stcov334exyo","title":"Stocks \u0026 Commodities V. 33:03 (42-43): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003ePROTECTING YOUR SMALLER STOCK PORTFOLIO\u003cbr\u003e\u003cbr\u003eHow do I hedge 10 shares of Google?\u003cbr\u003e\u003cbr\u003eYears ago, my answer would have been, Get 90 more shares, then we can talk. But as of last year, that all changed with the introduction of mini options. It has now been a year since this product was introduced, and I typically wait a year before trading anything new. Lets visit this small section of options to see if it might be a good fit for the smaller trader.\u003cbr\u003e\u003cbr\u003eIn March 2014, the CBOE launched a new product for the smaller investor looking to hedge odd-lot securities called mini options. What are they, how have they performed during the past year, and who is most likely to benefit from using these options?","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133938790769,"sku":"V33C03_948GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_25d8923c-d189-43a4-a5e6-8d2017e67b0f.jpg?v=1739658412"},{"product_id":"stcov331dibu","title":"Stocks \u0026 Commodities V. 33:13 (14–17): Dissecting Buffett's Macro Buy-Sell Indicator by Matt Blackman","description":"Dissecting Buffetts Macro Buy-Sell Indicator by Matt Blackman\u003cbr\u003e\u003cbr\u003eMarkets Getting Toppy?\u003cbr\u003e\u003cbr\u003eWhen it comes to investing, the Oracle of Omaha usually plays his cards close to his chest. But here is one favorite indicator that hes been willing to share.\u003cbr\u003e\u003cbr\u003eIn an article I wrote a year ago for Traders.com Advantage titled Warrens Best Valuation Measure, I discussed a macro indicator that Buffett uses to help him decide when stocks are over- or undervalued. But after a close look at the data in the article, it was obvious that further research and observation was necessary.\u003cbr\u003e\u003cbr\u003eAccording to a 2001 Fortune Magazine article (Warren Buffett On The Stock Market), Buffett considers US total stock market capitalization to GDP to be probably the best single measure of where valuations stand at any given moment.\u003cbr\u003e\u003cbr\u003eHe had used this ratio at least in part to issue an overall stock market top warning in a speech given in September 1999 (reported on in a November 1999 Fortune Magazine article, Mr. Buffett On The Stock Market) and again in January 2009 to start buying stocks again (Buffetts Metric Says Its Time To Buy, Fortune Magazine). But determining exactly how useful it is as a leading macro technical stock market indicator requires a much closer examination of the charts and data.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133940330865,"sku":"V33C13_957BLAC","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_010123dd-3a77-4bd5-b3c7-d8352051f2f2.jpg?v=1739658517"},{"product_id":"stcov33253ex","title":"Stocks \u0026 Commodities V. 33:1 (23, 53): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eWHO LET THE DOGS OUT?\u003cbr\u003e\u003cbr\u003eHappy New Year, traders! Each year, I take time to reflect on what worked and what didnt in my account. If you were a bull last year, things got shaky in the third quarter of 2014 before heading once again to all-time highs. You might hear about the healthcare sector and how it outperformed the averages, but what about the dogs of the dogs of the Dow strategy? As of this writing, the small dogs of the Dow or the flying five had a below-average year of 6.6%. Comparing that to the Dow Jones Industrial Average (DJIA) return of 7.9%, they are holding their own. Lets start the year out right by reviewing the dogs strategy, the com-ing years flying five, and the alternative ways of investing in them.\u003cbr\u003e\u003cbr\u003eFor years, money managers have hunted for the optimum way to make money for their investors. Unfortunately, most have trouble keeping up with the averages. But one such system has beaten the averages year after year, not to mention a lot of money management firms. Its a system that requires your attention only once a year, but returns over 20% each year on average. This system is called the dogs of the Dow and it involves buying certain stocks in the DJIA. The DJIA consists of 30 stocks that change from time to time but this doesnt change anything in the strategy.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133940396401,"sku":"V33C01_909GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7bdf59e0-5231-4bfd-8019-b3e49cba2c61.jpg?v=1739658520"},{"product_id":"stcov33349av","title":"Stocks \u0026 Commodities V. 33:11 (34–37, 49): Average Percentage True Range by Vitali Apirine","description":"Average Percentage True Range by Vitali Apirine\u003cbr\u003e\u003cbr\u003eHeres a modification of the average true range (ATR) that provides an added dimension when it comes to detecting volatility in the markets.\u003cbr\u003e\u003cbr\u003eThe average true range (ATR), which was developed by J. Welles Wilder Jr., is based on the true price range and uses absolute price changes. Its a measure of volatility, which is something we all need to keep an eye on. Because the ATR uses absolute price changes, the ATR values are not comparable. To be able to compare ATR values with other securities, I modified the ATR slightly and created the average percentage true range (APTR)...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133941903729,"sku":"V33C11_097APIR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_0c865106-a611-4005-908c-176a8a1deace.jpg?v=1739658637"},{"product_id":"stcov4trtiby","title":"Stocks \u0026 Commodities V.33:07 (49–55): Trader's Tips by Technical Analysis, Inc.","description":"Trader's Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is mainly Vitali Apirines article that appeared in the April 2015 issue of Stocks \u0026amp; Commodities, The Slow Relative Strength Index. Other Traders Tips are based on different S\u0026amp;C articles as indicated. Here, we present the July 2015 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eThe code for the following Traders Tips selections is posted here:\u003cbr\u003e\u003cbr\u003e Traders.com \u0026gt; HomeS\u0026amp;C Magazine \u0026gt; Traders Tips\u003cbr\u003e\u003cbr\u003e(Or from Traders.com, scroll down to the current articles section and click on the Traders Tips tab.)\u003cbr\u003e\u003cbr\u003eThe Traders Tips section is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries here are contributed by software developers or programmers for software that is capable of customization.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133944492401,"sku":"V33C07_032TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_faa27635-0c0c-4a59-92eb-5a31f7b6e77d.jpg?v=1739658766"},{"product_id":"stcov33338in1","title":"Stocks \u0026 Commodities V. 33:06 (36, 38–41): Interview: Trading Confidently With Todd Gordon by Jayanthi Gopalakrishnan","description":"Trading Confidently With Todd Gordon by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eTodd Gordon is the founder of TradingAnalysis.com, which provides actionable market analysis and trading strategies in the currency, commodity, and equity markets for amateur and professional traders. In 2001, Gordon began his career trading the equities market in San Diego, CA, and then with Connors Capital, a hedge fund based in Los Angeles. Most recently, Gordon served as a managing partner for two and a half years at a trading and research company specializing in the foreign exchange markets. Prior to that, he served as the senior technical strategist at FOREX.com for six years while simultaneously trading at GAIN Capital Asset Management, its parent company.\u003cbr\u003e\u003cbr\u003eSTOCKS \u0026amp; COMMODITIES Editor Jayanthi Gopalakrishnan spoke with Todd Gordon on April 14, 2015 about what it takes to become a confident trader.\u003cbr\u003e\u003cbr\u003eTodd, how did you get interested in technical analysis and trading?\u003cbr\u003e\u003cbr\u003eIn college, I picked up a copy of Alexander Elders book Trading For A Living. I was an economics major in college, and I was more interested in trading the markets than going to economics class. So I would trade from my dorm room in my small e*Trade account with a couple thousand dollars. In college, you dont have a lot of money.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133962121585,"sku":"V33C06_009INTE","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5cf53be2-c511-43ff-b619-6530545ff59c.jpg?v=1739658932"},{"product_id":"stcov332sipo","title":"Stocks \u0026 Commodities V. 33:06 (24–27): A Simple Positive Expectancy Strategy by Azeez Mustapha","description":"A Simple Positive Expectancy Strategy by Azeez Mustapha\u003cbr\u003e\u003cbr\u003eBid For Better Results\u003cbr\u003e\u003cbr\u003eDo you want your trading results to improve? Incorporating positive expectancy into your trading strategy may just be the ticket.\u003cbr\u003e\u003cbr\u003eCapitalizing on effective supply \u0026amp; demand zones is one way traders can play the markets victoriously. Incorporating positive expectancy into a trading strategy that capitalizes on supply \u0026amp; demand zones adds even more value. In this article Ill explain a simple and effective way of doing this.\u003cbr\u003e\u003cbr\u003eTHE SPECULATION METHOD\u003cbr\u003e\u003cbr\u003eWhen price breaches a demand zone to the downside, that demand zone becomes a supply zone. The new supply zone will be an area of resistance to any future rallies since downward movement is now favored. When price breaches a supply zone to the upside, that supply zone becomes a demand zone. The new demand zone would try to resist any ensuing pullback since it favors upward movement.\u003cbr\u003e\u003cbr\u003ePinpointing supply \u0026amp; demand zones would help you notice the price areas where the bulls \u0026amp; bears may push prices up or down. The more challenge a demand or supply zone gives a price (as is seen when the price retests it), the more significant the bias will be when the zone is breached to the upside or downside.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133963596145,"sku":"V33C06_005MUST","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_073c9006-4ec5-4113-9226-9066463d9b72.jpg?v=1739659048"},{"product_id":"stcov334trti5","title":"Stocks \u0026 Commodities V. 33:12 (49–55): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is Markos Katsanoss article in this issue, Trading The Loonie. Here, we present the December 2015 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eCode for MetaStock is already provided in Katsanoss article by the author. Subscribers will also find the same code at the Subscriber Area of our website, www.Traders.com. Presented here is an overview of possible implementations for other software.\u003cbr\u003e\u003cbr\u003eThe code for the following Traders Tips selections is posted here:\u003cbr\u003e\u003cbr\u003e Traders.com \u0026gt; HomeS\u0026amp;C Magazine \u0026gt; Traders Tips\u003cbr\u003e\u003cbr\u003e(Or from Traders.com, scroll down to the current articles section and click on the Traders Tips tab.)\u003cbr\u003e\u003cbr\u003eThe Traders Tips section is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries here are contributed by software developers or programmers for software that is capable of customization.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133963628913,"sku":"V33C12_120TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1ce56999-a83b-4596-87ae-4312653d262b.jpg?v=1739659050"},{"product_id":"stcov332newi","title":"Stocks \u0026 Commodities V. 33:10 (28–31): New Insights From Classic Indicators by Amber Hestla","description":"New Insights From Classic Indicators by Amber Hestla\u003cbr\u003e\u003cbr\u003eAnalysts have developed hundreds of technical indicators over the years. Sometimes new indicators help technical analysts discover success. Other analysts find success by looking at old indicators in new ways. Here, we explore a popular indicator from a different perspective.\u003cbr\u003e\u003cbr\u003eWhen analyzing the markets, all analysts work with a relatively small amount of data. For prices, theres just the open, high, low, and close. Some may add in volume, and futures traders might add open interest and the Commitments Of Traders (COT) numbers to their data set. Given the small number of data points, its a little surprising to see how many ways the same numbers can be sliced and diced to create indicators. A single software platform can include more than 300 different indicators and each indicator is some sort of variation of the basic data.\u003cbr\u003e\u003cbr\u003eSince many indicators are similar, they will often simply confirm each other...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133965234545,"sku":"V33C10_077HEST","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_27f89461-d1d1-48ee-800b-d8f449898e35.jpg?v=1739659162"},{"product_id":"stcov334prre7","title":"Stocks \u0026 Commodities V. 33:08 (46–48): Product Review: RJO Futures by Technical Analysis, Inc.","description":"Product Review: RJO Futures by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eRJ OBRIEN \u0026amp; ASSOCIATES, LLC\u003cbr\u003e\u003cbr\u003e222 South Riverside Plaza, 9th Floor, Chicago, IL 60606\u003cbr\u003e\u003cbr\u003ePhone: 800 441-1616 or 312 373-5478\u003cbr\u003e\u003cbr\u003eEmail: info@rjofutures.com Website: https:\/\/rjofutures.rjobrien.com\u003cbr\u003e\u003cbr\u003eProduct\/service: Futures brokerage\nwith trading platforms including the\nWebOE and RJO Futures PRO\u003cbr\u003e\u003cbr\u003eSystem requirements: (For trading\nplatform) Windows 8, 7, or Vista;\nIntel Core 2 Duo (2.33 Ghz or better)\nprocessor; 4GB RAM, 6GB DDR3\nSDRAM processor; 200GB hard\ndrive; dual-port graphics adapter with\n128MB of memory; 64MB per port\u003cbr\u003e\u003cbr\u003ePrice: Individual traders can contact\nthe retail trading desk for trade costs.\u003cbr\u003e\u003cbr\u003eR.J. OBrien (RJO) is a privately\nrun business with a long history\nin the futures market. Founded in\n1914, RJO is majority-owned by the\nOBrien family of Chicago. Over the\nyears, the OBriens have been key players\nin the development of the futures\nindustry. RJO is the oldest and largest\nindependent futures brokerage and\nclearing firm in the United States. It is\na futures commission merchant (FCM)\nand a full clearing member of the CME\nGroup (a founding member of the Chicago\nMercantile Exchange) and all its\nmarketsIntercontinental Exchange\n(ICE); NYSE Liffe US; and the CBOE\nFutures Exchange (CFE)...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133965267313,"sku":"V33C08_048PRRJ","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_3546b60d-ad81-4355-987e-d8323e2e6f0f.jpg?v=1739659166"},{"product_id":"stcov334prre3","title":"Stocks \u0026 Commodities V. 33:05 (42–44): Product review: Haguro Method (MetaStock add-on) by Technical Analysis, Inc.","description":"Product review: Haguro Method (MetaStock add-on) by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eMETASTOCK\u003cbr\u003e\u003cbr\u003e90 South 400 West, Suite 620, Salt Lake City, UT 84101\u003cbr\u003e\u003cbr\u003ePhone: Sales 800 508 9180, support 801 265 9998\u003cbr\u003e\u003cbr\u003eEmail: sales@metastock.com, support@metastock.com\u003cbr\u003e\u003cbr\u003eProduct: MetaStock add-on based on the Haguro method\u003cbr\u003e\u003cbr\u003eSystem requirements: Windows 7 and above, 2.4GHz or higher, 4GB RAM, 1.6GB disk space\u003cbr\u003e\u003cbr\u003ePrice: Free\u003cbr\u003e\u003cbr\u003eThe Haguro method of chart analysis was written about by Seiki Shimizu in his book The Japanese Chart Of Charts, and we published an article on the method by Gary Burton in the April 2015 issue of Technical Analysis of STOCKS \u0026amp; COMMODITIES. The method has now been adapted as a Meta Stock add-on, which is available to MetaStock users at no additional cost. You can download the add-on from www.metastock.com\/haguro. Burton, director of the Australian School of Technical Analysis, had translated Shimizus work, and Jeff Gibby, Business Development Manager for MetaStock, saw a presentation by Burton on the method while attending a conference in Australia. Since Gibby manages the development of new software for MetaStock and also trades the market himself, Gibby is well-qualified to evaluate new methods and strategies. What he saw in the Haguro method was unique, he thought, and could be a potentially profit-able method to use...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133966905713,"sku":"V33C05_992PRHA","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d72da312-72f4-433a-aac1-575e0863f7f5.jpg?v=1739659264"},{"product_id":"stcov335trti3","title":"Stocks \u0026 Commodities V. 33:06 (51–55): Traders' Tips by Technical Analysis, Inc.","description":"Traders Tips by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eFor this months Traders Tips, the focus is Kevin Luos article in this issue, The RSI \u0026amp; Price Trends. Here, we present the June 2015 Traders Tips code with possible implementations in various software.\u003cbr\u003e\u003cbr\u003eThe code for the following Traders Tips selections is posted here:\u003cbr\u003e\u003cbr\u003e Traders.com -\u0026gt; HomeS\u0026amp;C Magazine -\u0026gt; Traders Tips\u003cbr\u003e\u003cbr\u003e(Or from Traders.com, scroll down to the current articles section and click on the Traders Tips tab.)\u003cbr\u003e\u003cbr\u003eThe Traders Tips section is provided to help the reader implement a selected technique from an article in this issue or another recent issue. The entries here are contributed by software developers or programmers for software that is capable of customization.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133966938481,"sku":"V33C06_014TIPS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_2ecba3ae-4c6d-4e65-9be2-ae17fe9a6e5a.jpg?v=1739659267"},{"product_id":"stcov332whis","title":"Stocks \u0026 Commodities V. 33:09 (28–34): Where Is The Market Heading? by Koos van der Merwe","description":"Where Is The Market Heading? by Koos van der Merwe\u003cbr\u003e\u003cbr\u003eIf youre wondering when the markets will correct, heres one forecasting method to use that has stood the test of time.\u003cbr\u003e\u003cbr\u003e\"If the first and third waves are of about equal length, the fifth wave will likely be a protracted surge, especially if volume on the fifth wave is greater than volume on the third wave. Conversely, if wave three has extended, the fifth wave should be simply constructed and resemble wave one.\" Frost \u0026amp; Prechter, Elliott Wave Principle\u003cbr\u003e\u003cbr\u003eWhen A.J. Frost \u0026amp; Robert Prechter published their book Elliott Wave Principle in November 1978, they dedicated the book to the memory of the late A. Hamilton in appreciation of his great interest in Elliott wave theory. Over the years, this book became my bible. As the years passed, and as computers with complex algorithms and high-speed trading started to analyze the movement of the market, the Elliott wave theory started to become more of a signpost in the wilderness than a market forecast. What I mean by this is that an Elliott wave can change its count a little way down the road at the next signpost...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133968511345,"sku":"V33C09_063MERW","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_5ef60d16-ba6a-44aa-b685-30639d18bf60.jpg?v=1739659384"},{"product_id":"stcov334exyo3","title":"Stocks \u0026 Commodities V. 33:09 (46–47): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eDOES GOLD LOOK BRIGHTEST IN THE MIDST OF FOREIGN CHAOS?\u003cbr\u003e\u003cbr\u003eYoud need to have your head in the sand to not hear of the turmoil surrounding the economy in Greece. There may be a short-term fix to this, but we all know what happens when you kick the can of debt down the roadits still going to be there once you get closer. Not dealing with this problem since 2009 has Greece front and center as a country possibly without the euro in its future as its currency. Its a tossup as to whether or not Greeks want an exit from the eurozone, but I dont believe they fully understand exactly what is likely to happen while getting from here to there...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133968544113,"sku":"V33C09_066GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_4ed6a398-6de5-4d8d-b7b0-bb192015e834.jpg?v=1739659386"},{"product_id":"stcov334reet","title":"Stocks \u0026 Commodities V. 33:10 (47): Review: ETFChannel.com by Jayanthi Gopalakrishnan","description":"Review: ETFChannel.com by Jayanthi Gopalakrishnan\u003cbr\u003e\u003cbr\u003eETFCHANNEL.COM\u003cbr\u003e\u003cbr\u003eWith exchange traded funds (ETFs) becoming a popular channel for investors and traders, its now becoming as difficult, if not more, to select ETFs to buy as it is to select stocks. Thus, coming across a website that contains information to make it easier to narrow down your choices makes the website one to be bookmarked...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133968576881,"sku":"V33C10_083PRET","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_08375a5f-ebe8-45fb-ad3c-340bc3e26075.jpg?v=1739659389"},{"product_id":"stcov331qaby","title":"Stocks \u0026 Commodities V. 33:03 (15): Q\u0026A by Don Bright","description":"Q\u0026amp;A by Don Bright\u003cbr\u003e\u003cbr\u003eNOTE TO READERS\u003cbr\u003e\u003cbr\u003eI want to thank Rob Friesen (president and COO of Bright Trading) for his help with this column for the last couple of months. His contributions are always appreciated. I was dealing with some health issuesI had a second heart valve replacement in November 2014. The procedure appears to be a success. I want to thank our readers for their emails of support. Im looking forward to a much healthier 2015. A sincere thanks to all.\u003cbr\u003e\u003cbr\u003eNow, digging into some recent questions, here is one paraphrased from two similar questions from readers:\u003cbr\u003e\u003cbr\u003eMAKING SENSE OF THE PROGNOSTICATIONS\u003cbr\u003e\u003cbr\u003eMr. Bright, at the start of every year I just shake my head in disbelief when I suffer through stock market predictions from a variety of experts. I see complete 180-degree comments from many pundits, sometimes within the same organization. Do you or any of your traders use any of these prognostications with any benefit?","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970280817,"sku":"V33C03_941BRIG","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a2f5e04f-e427-4340-8c32-29d4b53343ea.jpg?v=1739659514"},{"product_id":"stcov334fufo","title":"Stocks \u0026 Commodities V. 33:02 (47-48): Futures For You by Carley Garner","description":"Futures For You by Carley Garner\u003cbr\u003e\u003cbr\u003eITS ONLY MARGINAL\u003cbr\u003e\u003cbr\u003eThe CFTC has recently implemented new margining rules for FCMs (futures commission merchants). How does this impact retail traders in regard to margin calls?\u003cbr\u003e\u003cbr\u003eAlthough it has been nearly three years since the collapse of futures giants MF Global and PFGBest, the commodity industry continues to feel wakes in the aftermath. Since their demise, regulators have been tirelessly drafting and implementing safeguards aimed at protecting futures traders from brokerage firm risk.\u003cbr\u003e\u003cbr\u003eIn light of the aforementioned events, the rules that worked well for decades were suddenly deemed inadequate. Unfortunately, as we learned as children on the playground and repeatedly throughout our lives, a few bad apples ruin it for the rest.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970313585,"sku":"V33C02_932GARN","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a3d7599e-e59b-4e97-9251-7f859ed3cbfb.jpg?v=1739659517"},{"product_id":"stcov335bofo8","title":"Stocks \u0026 Commodities V. 33:12 (58): Books For Traders by Technical Analysis, Inc.","description":"Books For Traders by Technical Analysis, Inc.\u003cbr\u003e\u003cbr\u003eThe following selection of book descriptions represents a sampling of recent book releases in the investing field. Books described here may be from some of the major book publishers as well as some independent book publishers. These are not critical reviews or editorial evaluations, but rather a brief look at the book marketplace to help keep readers up to date on new or recent book offerings.\u003cbr\u003e\u003cbr\u003eIncluded this month:\u003cbr\u003e\u003cbr\u003eThe Ruff Guide To Trading: How To Make Money\u003cbr\u003e\u003cbr\u003eSystematic Trading\u003cbr\u003e\u003cbr\u003eThe Wealth Dragon Way: The Why, The When And The How To Become Infinitely Wealthy\u003cbr\u003e\u003cbr\u003eFinancial Regulation And Compliance: How To Manage Competing And Overlapping Regulatory Oversight + website","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970346353,"sku":"V33C12_122BOOK","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f6b6b2fa-3ded-4e56-b0f0-031f68747219.jpg?v=1739659520"},{"product_id":"stcov336dote","title":"Stocks \u0026 Commodities V. 33:02 (60-62): Does Technical Analysis Work? by Stella Osoba, CMT","description":"Does Technical Analysis Work? by Stella Osoba, CMT\u003cbr\u003e\u003cbr\u003eArt Meets Science\u003cbr\u003e\u003cbr\u003eYes, it can work, but it depends on how well you understand it and how you use it.\u003cbr\u003e\u003cbr\u003eI remember talking to a fundamental investor once about technical analysis. The next day he sent me a line chart and asked me to predict what the market would do. He gave no more information; was it a stock, an index, a commodity, or some other market? Was it a tick chart, a minute chart, an hourly chart, a daily chart, a weekly or monthly chart? Was it a randomly generated line on a chart? Maybe, I said, the market would do what it was already doing, which was rising, or then again, it could fall. How was I to know what would happen the next day from a rising line on a chart? This was probably his way of proving to himself that technical analysis was nonsense. But in doing what he did, he proved nothing.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133970379121,"sku":"V33C02_937OSOB","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_1a42308d-ba38-47bc-b946-d3f6a33b49ca.jpg?v=1739659522"},{"product_id":"stcov33448ex","title":"Stocks \u0026 Commodities V. 33:02 (43, 48): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eCRUDE THERAPY\u003cbr\u003e\u003cbr\u003eIts no secret the oil industry has taken a spill and with all thats going on in the world, or certain parts of it at least, the situation isnt showing signs of reversing. The Organization of the Petroleum Exporting Countries (OPEC) made its decision on November 27, 2014 to not cut production, and that sent prices spiraling downward.\u003cbr\u003e\u003cbr\u003eThe assessment at that time was that there was a global glut of oil supply and that 2015 was not going to see a slowing down of that supply either. OPEC forecasted seeing an increase in supply in 2015. From June 2014 to December 2014, Brent crude oil saw a more than 50% drop in price. Last December, many felt the slide could go past 64, and in fact it did, hitting a five-year low that month. It didnt stop there, as it continued to make five-year lows that month, sliding down to the upper $60 to lower $61 price-per-barrel levels.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133972083057,"sku":"V33C02_930GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_3a6d996f-b7cd-4c7a-b8ef-fc6957609009.jpg?v=1739659637"},{"product_id":"stcov336gasp","title":"Stocks \u0026 Commodities V. 33:05 (60–62): Gambling, Speculating, \u0026 Investing by Stella Osoba, CMT","description":"Gambling, Speculating, \u0026amp; Investing by Stella Osoba, CMT\u003cbr\u003e\u003cbr\u003ePlace Your Bets\u003cbr\u003e\u003cbr\u003eWhat do these terms mean as applied to the participant in the financial markets? Lets have a look to try to come up with some clear definitions.\u003cbr\u003e\u003cbr\u003eBernard Baruch, the famed American financier and investor, often repeated the following quotation, which he attributed to Sir Ernest Cassel, good friend and banker to King Edward V11:\u003cbr\u003e\u003cbr\u003e\"When as a young and unknown man I started to be successful I was referred to as a gambler. My operations increased in scope and volume. Then I was known as a speculator. The sphere of my activities continued to expand and presently I was known as a banker. Actually I had been doing the same thing all the time.\"\u003cbr\u003e\u003cbr\u003eMuch the same could be said today for gambling, speculating, and investing...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133972115825,"sku":"V33C05_998OSOB","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_acf0d548-2b3c-4874-9e5b-a4e9a83eb74d.jpg?v=1739659640"},{"product_id":"stcov332laof1","title":"Stocks \u0026 Commodities V. 33:10 (24–27): The Laws Of Cyclicality by Dirk Vandycke","description":"The Laws Of Cyclicality by Dirk Vandycke\u003cbr\u003e\u003cbr\u003eTrends do not continue forever. The life of a trend comes to a point where it stalls and reverses or temporarily stalls before resuming. How do you recognize when the trend has ended? Lets explore.\u003cbr\u003e\u003cbr\u003eIn my previous articles in this series on market mechanics, I discussed gravity, capacity, and inertia, which are the dominating forces in the financial markets. In this fourth part, Ill take a look at the cyclical nature of markets, which is an inevitable consequence of those forces.\u003cbr\u003e\u003cbr\u003eALTERNATE UP AND DOWN MOVES\u003cbr\u003e\u003cbr\u003eIn my earlier articles I discussed the existence of a feedback loop in the financial markets from the perspective of system dynamics. People react (based on emotions) to the input of the system (fundamental and macroeconomic) and to what happens at the output (price action)...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973786993,"sku":"V33C10_076VAND","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e846249f-40b7-4cf7-a37a-db1f072c2247.jpg?v=1739659763"},{"product_id":"stcov332trsy","title":"Stocks \u0026 Commodities V. 33:03 (28-31): Trading System Design: A Statistical Approach by John F. Ehlers and Ric Way","description":"Trading System Design: A Statistical Approach by John F. Ehlers and Ric Way\u003cbr\u003e\u003cbr\u003eJudging By The Numbers\u003cbr\u003e\u003cbr\u003eHeres how to start with the basics and determine if an identifiable event has a statistical edge in predicting future pricesbefore you even start to build a trading system.\u003cbr\u003e\u003cbr\u003eMany trading systems begin with indicators, and because of that, the question you should be asking is, What do indicators indicate? The correct answer is that most of the time, they dont indicate much. Indicators are just specialized filters.\u003cbr\u003e\u003cbr\u003eVISIBLE SIEVES\u003cbr\u003e\u003cbr\u003eSome indicators, like the commodity channel index (CCI), relative strength index (RSI), and stochastic, are basically first-order high-pass filters that remove the longer wave components of the prices and display them as oscillators. Other indicators, like moving averages, are basically smoothing filters that remove the high-frequency components and aliasing noise. Of course, there are combinations of the two kinds of filters. The basic question still remains whether shaping the price data by filtering has any predictive power regarding future prices.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133973819761,"sku":"V33C03_945EHLE","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_513aa238-6d34-4ab5-b0a2-83abbe96270c.jpg?v=1739659766"},{"product_id":"stcov3311646","title":"Stocks \u0026 Commodities V. 33:12 (12–14, 16–18, 46): Trading The Loonie by Markos Katsanos","description":"Trading The Loonie by Markos Katsanos\u003cbr\u003e\u003cbr\u003eHeres a trading system that exploits the strong correlation between the Canadian dollar and crude oil.\u003cbr\u003e\u003cbr\u003eThe Canadian dollar (affectionately referred to as the loonie by traders because of the appearance of a loon, a bird common in Canada, on the back of the Canadian one-dollar coin), like the Australian dollar, the New Zealand dollar, the South African rand, and the Norwegian krone, is regarded as a commodity currency because of the sizable role of commodity production in the Canadian economy. In the case of Canada, the price of oil seems to be especially significant in currency moves...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978636657,"sku":"V33C12_109KATS","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_977163a8-3133-4656-b1fd-41fd8f34c00d.jpg?v=1739660110"},{"product_id":"stcov332mast","title":"Stocks \u0026 Commodities V. 33:03 (24-27): MACD-Suitable Stocks by Kevin Luo","description":"MACD-Suitable Stocks by Kevin Luo\u003cbr\u003e\u003cbr\u003eGauging Momentum\u003cbr\u003e\u003cbr\u003eTrading signals generated by the crossover of Gerald Appels moving average convergence\/divergence and signal lines are popular and simple to use. Do they work for all stocks in all market conditions? Find out here.\u003cbr\u003e\u003cbr\u003eThe moving average convergence\/divergence (MACD) signal line crossover is a popular technical indicator used by many traders and investors. The MACD was developed by Gerald Appel in the 1960s and is readily found in trading platforms of all types. It generates trading signals upon crossovers of its MACD and signal lines. The method is considered simple to use; however, many have doubts about how effective the method is. To find out whether the technique works, I conducted a backtest on a large portfolio of stocks traded on the major exchanges. The results of the backtest will help determine the level of effectiveness of the MACD method.\u003cbr\u003e\u003cbr\u003eHERE'S WHAT I FOUND\u003cbr\u003e\u003cbr\u003eIn the study, I selected approximately one third or 1,816 stocks traded on the NYSE and NASDAQ for the backtest. These stocks met the following selection criteria:","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978669425,"sku":"V33C03_944KLUO","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_d94a2743-e37f-4241-b973-195e9e20197c.jpg?v=1739660112"},{"product_id":"stcov332newn","title":"Stocks \u0026 Commodities V. 33:07 (22–25): The New Normal \u0026 How To Profit From It by Ryan Henry","description":"The New Normal \u0026amp; How To Profit From It by Ryan Henry\u003cbr\u003e\u003cbr\u003eNot The Usual Party\u003cbr\u003e\u003cbr\u003eIs there such a thing as a normal market environment anymore? From the looks of it, probably not, but that may not be a bad thing. There are still opportunities to make a lot of money. Well explore them here.\u003cbr\u003e\u003cbr\u003eI dont know if there is such a thing as a normal market environment anymore. Ive been trading for over 20 years now. Looking back over that time period, its hard to find a point when things fit into the category of normal. In the late 1990s, the market was in hyperdrive. Call me crazy, but when a major market index like the NASDAQ doubles over the course of a year, I wouldnt call it normal market behavior. In the early 2000s, the blue-chip indexes were lopped in half in less than three years; the bleeding on the NASDAQ didnt stop until it was about a quarter of its bull market high. Again, thats not normal.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133978702193,"sku":"V33C07_024HENR","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_e1b7b926-a755-4141-9746-32c9dcdf3ffe.jpg?v=1739660115"},{"product_id":"stcov33661lo","title":"Stocks \u0026 Commodities V. 33:04 (62, 61): Loss Aversion by Stella Osoba","description":"Loss Aversion by Stella Osoba\u003cbr\u003e\u003cbr\u003eDebug Yourself\u003cbr\u003e\u003cbr\u003eBy nature, we are wired to act in certain ways when confronted with specific situations. Being aware of these types of behavioral patterns is a first step toward conquering them. Heres a look at how we typically react to situations that arise in the financial markets.\u003cbr\u003e\u003cbr\u003eWe dislike losses far more than we like gains. This is a cognitive bias known as loss aversion. Understanding this bias and how it manifests itself in our trading decisions can help to offset some of the more harmful decisions we are likely to make as traders. Loss aversion can lead to the unfortunate behavior known as the disposition effect, where we sell our winners too soon and hold onto our losers for too long.\u003cbr\u003e\u003cbr\u003eStudies have shown that the psychological pain caused by losses far exceeds the pleasure of a gain. This is a natural tendency of our wiring as humans. In the wild, primitive man had to be able to deal with threatening situations with far more urgency than opportunity.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133980832113,"sku":"V33C04_980OSOB","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7747eb52-a870-41e1-877a-b64566404d47.jpg?v=1739660249"},{"product_id":"stcov336shen","title":"Stocks \u0026 Commodities V. 33:08 (60–62): Shannon Entropy by Stephen Massel","description":"Shannon Entropy by Stephen Massel\u003cbr\u003e\u003cbr\u003eHere, we define Shannon entropy and show how you can apply it to your trading results\nand derive a measure of the uncertainty or predictability of your method.\u003cbr\u003e\u003cbr\u003eThere are many different trading systems and strategies that can be used to trade\nthe markets, and these systems (including discretionary trading) all generate trade\nrecords that can be analyzed, whether generated from backtested results or live\ntrading. There are also many techniques that can be used to analyze these trades (for\nmore on this, see my March 2011 Stocks \u0026amp; Commodities article on mathematical\nexpectation, What Can You Expect, Mathematically?).\u003cbr\u003e\u003cbr\u003eOf course, you can review the profit \u0026amp; loss of these trade records as well as many other\nmetrics, but is there a formal way to quantitatively measure the structure (nonrandomness)\nof the data and compare it to the purely random case in order to provide some insight into\nthe predictability of the method? Welcome to the world of Shannon entropy!","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133985714545,"sku":"V33C08_053MASS","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_335e0f68-bf9d-4bce-8c61-87d1de1960a7.jpg?v=1739660547"},{"product_id":"stcov333exyo1","title":"Stocks \u0026 Commodities V. 33:08 (32–33): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003ePUTTING AN OPTION LESSON\nTO WORK\u003cbr\u003e\u003cbr\u003eMuch of what I and the rest of the option\ncommunity like to trade is alternatives\nto buying into stock positions. But every\nonce in a while, opportunities come along\nto take advantage of the downside in a\nstock or the overall market. The question\nthat I frequently get is, How do I sell a\nstock at a higher price and buy it back at\na lower price? This is called shorting\na stock, but I believe there is a better\nway that involves lower cost and risk to\nthe bearish trader. It involves buying a\nput option.\u003cbr\u003e\u003cbr\u003eThe case study I will highlight here is\nthe FDX Mar15 180Pwhich is shorthand\nfor the FedEx March 2015 $180\nstrike price put option (Figure 1)...","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133990072689,"sku":"V33C08_045GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_c58d7cad-3487-4016-9de6-712d388953a7.jpg?v=1739660822"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/collections\/volume-33-2015-22.gif?v=1739677693","url":"https:\/\/shop.traders.com\/collections\/volume332015.oembed?constraint=issue-04","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}