Blogs

Divergence, Part 2

Helmut Mueller
Feb 05, 2015

A couple of months ago we looked into CQG's built-in Divergence Index and how to use it.

Following up on this topic, I want to show a much simpler approach using the Formula Toolbox.

A divergence is when an indicator (here... more

Deflation and Commodity Prices

Andy Hecht
Feb 04, 2015

Commodity prices continue to be in a bear market. Industrial raw material prices have plunged over recent months. The price of crude oil halved since June. Iron ore prices have plummeted, and recently the price of copper dropped below long-term... more

A Follow Up on Copper

Andy Hecht
Feb 02, 2015

In my January 13 article, A Look at the Copper Market, I wrote, "...the support level at $2.72 may become more and more distant in the market's rearview mirror." Since the day I made that statement, the red metal has had a rough time.

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Opening Range Breakout System using Super Template

Helmut Mueller
Jan 29, 2015

One of the theories behind Market Profile®* is the opening trading range. This is the high and the low from the first hour of trading. We want to create a trading system around that and use the Super Template to save a lot of time.

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March Crude Oil Testing an Important Reference

Joseph Souhlakis
Jan 23, 2015

Over the past four months, crude oil has declined about $50. However, during the past fourteen trading days, March crude oil had been rotating within a 4538-to-5078 balance range. On Friday, January 23, 2015, the market took out the 4538 fourteen... more

Trading Breakouts on Intraday Pivot Levels

Helmut Mueller
Jan 14, 2015

In this article we take a look at two examples where trades are placed on or around significant lines. The first idea is to change the classic daily pivot lines into intraday pivot lines and trade on them.

This is the classic pivot... more

A Look at the Copper Market

Andy Hecht
Jan 13, 2015

Today's Lows are Tomorrow's Highs

Copper fell 15.78% on COMEX and 14.59% on the London Metal Exchange in 2014. Copper has been making lower highs and lower lows since July 2014. The copper market has just moved into a new zone and the... more

Gold Coiling For a Breakout

Joseph Souhlakis
Jan 12, 2015

Over the past two months, February gold has been rotating within a 11469-to-12390 balance range. However, over the past four trading days, gold was confined to a relatively tight 12054-to-12233 balance range. When a volatile market such as gold... more

Order Book and Volume Analysis

Helmut Mueller
Jan 07, 2015

Recently, we had a request to show, in real time, how many contracts are available on the buy and sell side in the order book. This can be accomplished with a very simple study: DOM Ask Volume (DomAskVo) (and DomBidVo for Dom Bid Volume).

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Failure Breakout in Natural Gas Spread Could Lead Move in Opposite Direction

Joseph Souhlakis
Jan 05, 2015

Over the last thirty trading days, the February/April natural gas spread has come off sharply about 800 points, leaving several gaps along the way. A few weeks ago, after the spread fell about 500 points in ten days, the market came into a... more