Great thread matmomo! I really like how you're taking multiple factors into consideration like technical analysis, fundamentals, and seasonality. Far too many traders will only utilize one. Are you factoring in weather forecasts too? If so, how?

Scenarios, ideas, and analysis of energy commodities

You're right, Yahoo probably doesn't have Futures Options chains. I can probably get that from one of my brokers or possibly from a source like Quandl. Hmm, I think that graphic is a little off. Wouldn't change in implied volatility be more accurate ...

Who is the primary driver of option trades?

Thanks for the offer simnz, that's very generous of you. I'm pretty well set as-is, but I'd be happy to do a little coding to help other traders out. The tool you proposed sounds interesting, but how would it work? Which OTM options would you look ...

Who is the primary driver of option trades?

You're welcome Dashnewbie. Stocks are one of the safer markets to trade since they're so highly regulated. Manipulation isn't an issue unless you're trading penny stocks.

Giant candle on M15

The shaded area represents after-hours trading which can have very low liquidity. I’m not sure if this was a bad print or if there really was an after-hours transaction that low, but I wouldn’t worry about it if I were you. Regular orders won’t ...

Giant candle on M15

Sorry guys, I got sidetracked but I'm hoping to dive back into COT this week. I'd actually like to program a COT based strategy but it'll be a challenge so I can't make any guarantees.

Follow the Smart Money / COT Analysis

Not political either, but I agree with you. One of my best friends and a very well capitalized trader thinks the election is going to make all the difference. Dems and market goes down, Trump it keeps on going higher. I think it’s probably going ...

Private Island Traders

There's still no NYSE breadth weakness... Unfortunately I think we're still poised to go higher, might be looking at SPX 3,500 as a top. Now I'm beginning to wish I hadn't sold 40% of my holdings in October.

Private Island Traders

Good to see some Python on the forum!

WTI Crude Oil Trading

Could you clarify what you mean by “fundamentals of a currency”?

Can we interpret fundamentals into statistical data?

I don't recommend doing that. Your SL should be somewhere meaningful; as in, if the price goes here I know I'm wrong and I'm out. My entry price is relatively arbitrary so if my trade becomes successful I wouldn't adjust the SL to BE since my BE ...

How do you time your exits?

You make some excellent points Oldtraderman. I more or less agree with everything you wrote. As you said, 'it's really a matter of balancing how much room you want/need to allow a trade to potentially go further with how much open profit ...

How do you time your exits?

I see you're already off to a great start this year detector! Nice work!

Private Island Traders

I'll either scale out or use a trailing-stop. Scaling out is a good strategy because as the trade goes in your favor your R:R becomes less favorable. If you scale out you're reducing risk. but I don't like how you'll probably leave money on the ...

How do you time your exits?

Tom McClellan came out with an article today talking about how the VIX isn’t confirming the new equity highs: image That seems to support your current Nasdaq short position detector.

Private Island Traders

Weekend Wall Street shows the Dow is down 115pts over the weekend due to all the news surrounding the Iran situation: image If the Dow is down due to increased risk, we should see a nice gap higher in gold and other flight to safety assets.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

We should be looking at a pretty nice gap up when the markets open. It's not going to be anything like when Saudi Arabia was bombed, but we've certainly had some important headlines over the weekend that raised instability in the Middle East. The ...

WTI Crude Oil Trading

Thanks a lot! I don't use MT4 so I can't work off his code, but reviewing his documentation has given me some good ideas.

Follow the Smart Money / COT Analysis

Here's a good case study on oil trading.

Is order flow relatively meaningless on crude oil?

You could always trade gold and silver with IB through ETFs.

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