Stocks & Commodities V. 24:10 (34-36): Trading In Restrictive Intraday Price Ranges by A. Trongone, Ph.D., CFP, CTA

Stocks & Commodities V. 24:10 (34-36): Trading In Restrictive Intraday Price Ranges by A. Trongone, Ph.D., CFP, CTA
Item# \V24\C10\190TRON.pdf
$2.95
Availability: In Stock

Product Description

Stocks & Commodities V. 24:10 (34-36): Trading In Restrictive Intraday Price Ranges by Anthony Trongone, Ph.D., CFP, CTA

When the commodity markets are moving in a narrow price range, are there any trading opportunities? Discover how you can find them and take immediate action in the e-mini NASDAQ 100.

The commodities markets are notorious for their price fluctuations. Still, there are occasions when they appear directionless. But after experiencing two hours of relatively narrow price movements, does it offer us a (profitable) trading opportunity? Lets take a look, confining our analysis to trading the e-mini NASDAQ 100 (NQs) between 8:30 am to 4:15 pm. During the 156 trading days I examined, there were 96 trading opportunities, of which 61 were profitable and 29 not, leaving us with six ties.

After breaking the 8:30 am4:15 pm trading day into 15-minute segments, I started by looking at the price difference between the opening and the closing prices within each 15-minute bar. A relatively narrow price movement occurs when the bars stay within a twopoint range (opening closing price is within 2.00 index points). On the NQs, this restriction amounts to a monetary change less than $40, whereas the October 18, 2005May 26, 2006, average difference was $36.60 (1.81 points).




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order