Macro to Micro Look at Markets, Crude, Gold for week starting 1-2-18

JATS New BloodHound Template - HiLo2

Friday Close - 12/8/17

Trading the Meat of the Move w/ Julie Wade

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

Weekend Update & New Chart Templates 12-2-17

Identifying the first pullback in a directional trend

New! JATS MACT BloodHound Template!!!

CWT-149: Aaron Brown, Pt. 1, Former Risk Manager $200B Fund

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

JATS Market Review, Sat., Oct. 28, 2017

CWT:148 The order book—what traders must know about supply and demand w/ John Grady

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

It's all about Mom

Market Review - Friday, October 20, 2017

Dow Momentum - Wednesday, Oct. 18, 2017

BlackBird Workshop - Adjusting the Quick List ‘Previous Bar Low/High (Tr...

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

Weekend Review - Saturday, Oct. 14, 2017

ECB Tapering on Real Yield

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

Old School Trading Rules with Mick Ieronimo: Know Yourself

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

Daily Chart Magic using Momentum, Keltner Channels and Bollinger Bands

Trading with Adult ADD

 

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

Market Recap, Friday, Oct. 6, 2017

Tom Petty’s Last Song

#RIPTOMPETTY

Managing Trades with Linda Raschke

Managing Trades with Linda Raschke. Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

6 Ways to Emulate Talented Traders · Aaron Fifield

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

Tim Steenstrup, Arbitrage Strategy

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclaimers on this website.

After the Close, Wednesday, 9-27-17

Volatility is Back, Big Time

Michael Kimelman

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Mark Grant: Central Bank Liquidity Drives Everything

Mark Grant Interview starts at 11:04.  The good stuff starts at about 27:00.

From Mark's article on Stock Twits

..."To put things into the correct perspective, the Fed's $4.471 trillion balance sheet will shrink by $10 billion per month in October and November if the Fed actually follows the plan that it is kind of, sort of, laid out. Putting this maybe-maybe change into context over the same time period, the Bank of Japan and the ECB will continue adding new liquidity amounting to more than $400 billion, according to data supplied by Deutsche Bank.

As a result, in the 4th Quarter, global liquidity will increase by some $355 billion should the Fed actually begin their journey to a "Normal" that does not exist, in September or October. I have made this point before. There is no "New Normal" and no "Old Normal" because the central banks, since the 2008/2009 debacle, have created an economic environment that has nothing "Normal" connected to it. It never existed before. To use the word "Normal" it must have a history to substantiate it. It is therefore the height of absurdity to think that we are returning to somewhere that never existed before.

The central banks created a "Wonderland," a financial make-believe story, if you will, where, using manufactured Capital, interest rates and equity prices are the result of the "Crown of Creation" that the central banks have concocted. We went down the rabbit hole and neither the blue pill or the yellow pill are going to get us back out any time soon."

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Gary Hart, Competing with Machine Learning Algorithms

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Tony Robbins interviews billionaire Ray Dalio - author of Principles

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Consolidation and Extremes

Federal Interest Rate Decision & Health Care Risk

Anna Nasser

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Blackbird Demo Backtest on Gold - Sep. 15. 2017

Hehmeyer Trading & Investments

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

BlackBird Workshop - Overview of Trade Signals and Using an Indicator to...

Sep. 13 - Into the Close = Crude and Emini

BlackBird Workshop - Moving Stop-loss to Breakeven After Target #1 is Hit

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Luke Gromen

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Erik Townsend

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Eurodollar University, Part 1

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Reversals - JATSBollingerBandsBH Template

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Kevin Muir

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

JATS Market Review Saturday, August 12, 2017

And There's More!!! New Market Analyzer Solvers

JATS Weekend Market Review with Bollinger Bands Bloodhound Template

Back In Black

Tick Table

HOW PROFITABLE ARE HIGH-FREQUENCY TRADING STRATEGIES?

By Irene Aldridge – October 2, 2009 in FinAlternatives

High-frequency trading has been taking Wall Street by storm. While no institution thoroughly tracks the performance of high-frequency funds, colloquial evidence suggests that the majority of high-frequency managers delivered positive returns in 2008, while 70% of low-frequency practitioners lost money, according to The New York Times.

The discourse on the profitability of high-frequency trading strategies always runs into the question of availability of performance data on returns realized at different frequencies. Hard data on performance of high-frequency strategies is indeed hard to find. Hedge funds successfully running high-frequency strategies tend to shun the public limelight. Others produce data from questionable sources.

Yet, performance at different frequencies can be compared using publicly available data by estimating the maximum potential profitability. Profitability of trading strategies is often measured by Sharpe ratios, a risk-adjusted return metric first proposed by a Nobel Prize winner, William Sharpe. A Sharpe ratio measures return per unit of risk; a Sharpe ratio of 2 means that the average annualized return on the strategy twice exceeds the annualized standard deviation of strategy returns: if the annualized return of a strategy is 12%, the standard deviation of returns is 6%. The Sharpe ratio further implies the distribution of returns: statistically, in 95% of cases, the annual returns are likely to stay within 2 standard deviations from the average. In other words, in any given year, the strategy of Sharpe ratio of 2 and annualized return of 12% is expected to generate returns from 0% to 24%with 95% statistical confidence, or 95% of time.

The maximum possible Sharpe ratio for a given trading frequency is computed as a sample period’s average range (High – Low) divided by the sample period’s standard deviation of the range, adjusted by square root of the number of observations in a year. Note that high-frequency strategies normally do not carry overnight positions, and, therefore, do not incur the overnight carry cost often proxied by the risk-free rate in Sharpe ratios of longer-term investments.

The table below compares the maximum Sharpe Ratios that could be attained at 10-second, 1-minute, 10-minute, 1-hour and 1-day frequencies in EUR/USD. The results are computed ex-post with perfect 20/20 hindsight on the data for 30 trading days from February 9, 2009 through March 22, 2009. The return is calculated as the maximum return attainable during the observation period within each interval at different frequencies. Thus, the average 10-second return is calculated as the average of ranges (high-low) of EUR/USD prices in all 10-second intervals from February 9, 2009 through March 22, 2009. The standard deviation is then calculated as the standard deviation of all price ranges at a given frequency within the sample.

Time Period	Average Max. Gain (Range) per Period	Range Standard Deviation per Period	Number of observations in sample period	Maximum Annualized Sharpe Ratio
10 seconds	0.04%	0.01%	2,592,000	5879.8
1 minute	0.06%	0.02%	43,200	1860.1
10 minutes	0.12%	0.09%	4,320	246.4
1 hour	0.30%	0.19%	720	122.13
1 day	1.79%	0.76%	30	37.3

As the table above shows, the maximum profitability of trading strategies measured using Sharpe ratios increases with increases in trading frequencies. From February 9, 2009 through March 22, 2009, the maximum possible annualized Sharpe ratio for EUR/USD trading strategies with daily position rebalancing was 37.3, while EUR/USD trading strategies that held positions for 10 seconds could potentially score Sharpe ratios well over 5,000 (five thousand) mark.

In practice, well-designed and implemented strategies trading at the highest frequencies tend to produce double-digit Sharpe ratios.  Real-life Sharpe ratios for well-executed daily strategies tend to fall in the 1-2 range.

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Strategy Development

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

THE GIRLS OF SURFING XIII

Event Trading

Myths, Metrics, and Trading Success

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Weekend Snapshot. Crude, Nasdaq - Pattern Recognition

A Horrible Day

Weekend Review - June 10, 2017

Mark Yusko, Morgan Creek Capital Management

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Chat with Traders: Kershner

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

011: Using VWAP to gauge where the big boys interact with markets with Zach Hurwitz

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Midnight Rider - The Photography of Patricia O'Driscoll Featuring Gregg ...

126: The demeanor of an unstoppable futures trader w/ Jonathan, @HF_Trader

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Sex Pistols - Holiday In The Sun

Weekend Review BloodHound Templates - Emini & Ultra Bond

Led Zeppelin - Misty Mountain Hop (Live)

Traffic - The Low Spark of High Heeled Boys

When The Levee Breaks Led Zeppelin

Customizing BloodHound Templates

Runnin' Down A Dream - Tom Petty & The Heartbreakers

Darren Reed, @ Lift The Offer

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Quantopian Lecture Series: Momentum Strategies

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Setting Up UniRenko Bars with Heiken Ashi

Commentary is opinion only and should not be considered specific investment advice.  Futures trading contains substantial risk and is not suitable for every investor.  See Hypothetical Disclaimer on this website.

The Best of The Art of Flight

Ole Hansen Saxo Bank

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Corporate Lawyer turned Market Maker, a man after my own heart

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Tactics for better decision-making

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Stevie Ray Vaughan Voodoo Child Live In Nashville

The Process of Trading - Shark Indicators Webinar

Commentary is opinion only and should not be considered specific investment advice.  Futures trading contains substantial risk and is not suitable for every investor.  See Hypothetical Disclaimer on this website.

ep-119-alex-tagrtrades

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Overlaying JATS BloodHound Templates with your own custom indicators

Commentary is opinion only and should not be considered specific investment advice.  
Futures trading contains substantial risk and is not suitable for every investor.  
See Full Risk Disclosure on this website.

118: Trading technology, alternative data, and originality w/ Manoj Narang

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

JATS BloodHound and NinjaTrader Chart Templates, Market Analyzer

Commentary is opinion only and should not be considered specific investment advice.  Futures trading contains substantial risk and is not suitable for every investor.  See Hypothetical Disclaimer on this website.

Traders’ Opportunity · Larry Alintoff, from Wall Street Warriors

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Talking Heads - Take Me To The River (HQ)

PBs and rising delta

March 22, 2017.  Open - Crude.  Price moved down overnight and started firming a bottom between a volatility squeeze on the Unirenkos just prior to the open.  The market Opened on up delta, and price moved up to VWAP.  This pattern is for countertrend trades to a specific target, like VWAP or a prior VWAP/High/Low/Close.

Commentary is opinion only and should not be considered specific investment advice.  

Futures trading contains substantial risk and is not suitable for every investor.  

See Hypothetical Disclaimer on this website.

116: Taking losses, ultimately winning, and keeping pace with markets – Sean Hendelman

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Tips, Tactics, and Real Trades: Intraday Trend Reversals w/Corey Rosenbloom

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Stevie Ray Vaughan Voodoo Child Live In Tokyo 1080P

Double-Demo Saturday -- 2 Blackbird Platforms Simultaneously

Leaving Struggle St.

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Q&A - why are there so many lines on your chart?

A case for trading Treasury Bond Futures

CWT114: The process of becoming a bigger (and better) trader w/ Brannigan Barrett

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Auto Trading Reversals in One Primary Direction

Premarket and Recap, March 2, 2017

Premarket Setup - March 1, 2017

Setting up a Workspace to Test Trading Alogrithm

Premarket Routine - setting up NinjaTrader to auto trade with Blackbird

Emails about the Algos

Algorithmic Trading

Inflation is back

INXS - New Sensation

Using JATS Bollinger & Keltner Channels BloodHound & Chart Templates

J.J. Cale - Crazy Mama (Studio)

Ed Thorpe

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Foster The People - Pumped up Kicks

Chart Review using Linda Raschke's Keltner ATR Channels

U.S. Government Required Disclaimer

Futures, stocks, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, options and forex markets. Risk capital is money that can be lost without jeopardizing ones' financial security or life style. Don’t trade with money you can’t afford to lose. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

The Best of The Art of Flight

NinjaTrader's Market Analyzer with Custom BloodHound Template to Time En...

U.S. Government Required Disclaimer

Futures, stocks, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, options and forex markets. Risk capital is money that can be lost without jeopardizing ones' financial security or life style. Don’t trade with money you can’t afford to lose. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

How to create an actionable trade plan

John Netto, Chat with Traders

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Consistent Execution of Your Trade Strategies