ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (98, 96): At The Close by Jeffrey P. Seyler An Update On Single-Stock Futures Now that single-stock futures (SSF) have been trading for more than four years, we have had an opportunity to see how they have developed and observe some of the changes that have occurred as a part of a growing new market. Several notable changes have taken place since they began trading in November 2002. One of the two original exchanges, NQLX, is gone, leaving OneChicago as the only exchange offering these products. From the outset, OneChicago was the clear leader, so that should com...
BY: Jeffrey P. SeylerSUBJECT: At the Close
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (92): Books For Traders by Technical Analysis, Inc. Adventures Of A Currency Trader: A Fable About Trading, Courage, And Doing The Right Thing (221 pages, $55 hardcover, 2007, ISBN 978-0-470- 04948-8) by Rob Booker, published by John Wiley & Sons. Via the fictional Harry Banes, a small trader with ambition beyond his ability, author Rob Booker shows how determination can prevail over difficulty. Both entertaining and educational, this book demonstrates what it takes to capitalize on today's foreign exchange markets. Through a filing clerk's eyes this book explains...
BY: Technical Analysis, Inc.SUBJECT: Books For Traders
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (14-17): Forex Focus: Recycle Your Data by Patrick S. Nouvion Access to foreign exchange trading has opened up exciting trading options for the retail trader. You can now trade alongside corporations and institutions in a highly liquid market that is global, traded around the clock, and highly leveraged. Before jumping into this market, however, we must understand the factors that affect the forex market. With that in mind, STOCKS & COMMODITIES has introduced Forex Focus to better prepare the retail trader to participate in the currency market. My job has always ...
BY: Patrick S. NouvionSUBJECT: Forex Focus
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (36-39): Fractal Analysis by James R. Williamson Jr. Can the complex behavior of the stock market really be reduced to something simple? This article will demonstrate that, over the last 30 to 40 years, the seemingly complex behavior of the stock market (as exemplified by the Standard & Poor's 500) can be reduced to one essential principle: impulse and correction. The values of impulse and correction can be specifically measured and are found to be 3 and -1. The complexity of the market is then generated by the self-replication of these two numbers. More formally...
BY: James R. Williamson Jr.SUBJECT: Fractals
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (62-93): Futures For You by Dan O'Neil INSIDE THE FUTURES WORLD Want to learn how the futures markets really work? Dan O'Neil, a principal at online futures and forex broker XPRESSTRADE (www.xpresstrade.com), responds to your questions about today's futures markets. To submit a question, post your question to our website at http://Message-Boards.Traders.com. Answers will be posted there, and selected questions will appear in a future issue of S&C. ANALYSIS PARALYSIS I know some traders prefer the charts and graphs of technical analysis while others focus on fun...
BY: Dan O'NeilSUBJECT: Futures For You
BY: Matthew J. StanderSUBJECT: Options
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (48-53): Interview: Bill Meridian And Those Long-Term Cycles by Jayanthi Gopalakrishnan Cycles theorist Bill Meridian began on Wall Street in a most conventional way, as a fundamental analyst at the Value Line Investment Survey, where he began to develop his work on cash flow. Then in 1978, he began to design computer programs to perform the number-crunching required to relate stock market movements to cycles. By 1981, he had written a simple spreadsheet program in Lotus to calculate stock market cycles, followed by more sophisticated software. He has worked both...
BY: Jayanthi GopalakrishnanSUBJECT: Interview
ARTICLE SYNOPSIS ...The editors of S&C invite readers to submit their opinions and information on subjects relating to technical analysis and this magazine. This column is our means of communication with our readers. Is there something you would like to know more (or less) about? Tell us about it. Without a source of new ideas and subjects coming from our readers, this magazine would not exist. EDUCATION IN TECHNICAL ANALYSIS Editor, I hope you can help me. I am interested in becoming more knowledgeable in technical analysis. Could you recommend companies or organizations that not only provide educational mate...
BY: Technical Analysis, Inc.SUBJECT: Letters To S&C
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (78-79): Momentum Indicators and Market Cycles by John Nicholas Here's an article we originally published 23 years ago, two years after Technical Analysis of STOCKS & COMMODITIES broke ground, proving that, yes, cycles are enduring. The techniques used for stock and commodity analysis range from the naïvely simple to the stunningly complex. Some are based on sound mathematical and philosophical principles while others border on witchcraft. This article discusses one major indicator and how it relates to price movement. We often hear the markets described as "over...
BY: John NicholasSUBJECT: From The Vault
BY: Jayanthi GopalakrishnanSUBJECT: Opening Position
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (31, 87): Q&A by Don Bright SINCE YOU ASKED Confused about some aspect of trading? Professional trader Don Bright of Bright Trading (www.stocktrading.com), an equity trading corporation, answers a few of your questions. To submit a question, post your question to our website at http://Message-Boards.Traders.com. Answers will be posted there, and selected questions will appear in a future issue of S&C. TRADE ADJUSTMENTS How do people adjust their trades if the market is expected to open higher or if the market is expected to open flat or lower? The night before,...
BY: Don BrightSUBJECT: Q&A
BY: Technical Analysis, Inc.SUBJECT: Traders' Resource
BY: Technical Analysis, Inc.SUBJECT: Traders' Tips
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (26-30): Two-Point Problem Of The Rate Of Change by Martti Luoma and Jussi Nikkinen Here's a look at a modified version of the rate of change indicator, free of its detracting problem. The rate of change indicator (ROC), one of the best-known oscillators in technical analysis, is an important measure of momentum. It describes the rate at which price changes occur. ROC can be defined as a relative change. This definition of the percentage change provides a natural and commonly used way to measure changes in business and economics. Given the intuitiveness and predi...
BY: Martti Luoma and Jussi NikkinenSUBJECT: Indicators
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (63-64): Websites: Angrybear.blogspot.com and Kudlowsmoneypolitics.blogspot.com by D. Penn A staple of public television -- and cable news, before it blew up in the Bush era -- dueling commentators from the political left and the political right used to be the chief expression of political partisanship in the media: "From the left, I'm so-and-so." "And from the right, I'm the-other-guy." That collegiality -- however exaggerated for effect -- is not nearly as common in recent years as it was, say, a decade ago. But it is with that sentiment that I present a pair of blo...
BY: David PennSUBJECT: Websites For Traders
ARTICLE SYNOPSIS ...Stocks & Commodities V. 25:4 (32-34): When To Trade With Cycles by John F. Ehlers When should you trade the cycle mode in a market and when should you trade the trend mode? Find out with this indicator. In theory, trading with cycles is easy -- just buy at the valley and sell at the crest. This is just a variation of the old buy?low, sell?high dictum. In practice, however, trading with cycles is far more difficult. Just for openers, the very existence of market cycles is ephemeral and we must jump on them quickly to take advantage of any market inefficiency they represent. This is demonstrate...
BY: John F. EhlersSUBJECT: Cycle
BY: David PennSUBJECT: Working Money
BY: Pamela ConstantinoSUBJECT: Working Money