Archive for the 'Technical & Trading Articles' Category

The Percent Bar

Sunday, November 26th, 2006

CQG offers fourteen charting styles including a yield chart for fixed income instruments. Here, we will look at Percent Bar charts, a quick and easy way to compare percentage performance of different instruments.
Percent Bar charts display on a percentage basis the current value from one of three user-selected formulas for the starting point: Date, Price […]

The Relative Strength Index as a Trend Indicator

Sunday, November 19th, 2006

One aspect of oscillators, such as the relative strength the index (RSI) that traders may overlook is the impact the trend of the market has on the RSI readings. If the market is in a sustained up trend, the range of the RSI readings will shift upwards. In other words, an oversold reading by the […]

TradeFlow and Constant Volume Bars

Friday, November 17th, 2006

A gap down opening in reaction to the poor housing data has sellers in control during the morning trading in the e-mini S&P 500. Before we see today’s action, we will review yesterday’s TradeFlow chart.
Before, we look at yesterday’s TradeFlow chart, I want to show another charting style available from CQG and that is the […]

Tracking Technology versus the S&P 500

Tuesday, November 14th, 2006

The equity market is driven by flows of funds from one sector to another for a number of reasons including large money managers directing funds based on their fundamental outlook for the economy. It follows that if the economy is showing signs of growth then money should be flowing into equities that will participate in […]

NYSE and NASDAQ Volume Ratios

Sunday, November 5th, 2006

Many equity traders and analysts focus on the advance decline statistics during the trading day. The advance decline numbers are simply the net number of stocks up from the previous day’s close and the number of stocks down on the day relative to the previous day’s close.
I prefer to focus on the up-volume and down-volume […]

CQG Custom Quote Board

Sunday, November 5th, 2006

The Custom Quote Board can be styled to suit the trader’s interests. Features include over 200 market elements available for viewing, as well as the current readings from studies. The trader determines the time interval. In this example, each market is viewed on a 15-minute bar interval basis. The last price is listed, along with […]

TradeFlow™ Charts, Studies and the E-mini S&P 500

Friday, November 3rd, 2006

At the CQG Web site, there are a series of articles by me detailing TradeFlow, TradeFlow Studies, and my customs studies. In addition, a Component Pac is available that will install my two custom studies into CQG.
TradeFlow is CQG’s innovative charting style that uses color-coded bars to track traded volume at the ask price versus […]

Tracking Markets by linking to Excel from CQG

Thursday, November 2nd, 2006

 

CQG’s Digital Data Service enables users to establish real-time links between spreadsheets and CQG. DDS provides activity data, bar data and study values.
You can build spreadsheet portfolios of ETFs, stocks, fixed income product, futures, other markets, and do analysis, such as ranking by percentage performance.
 

Here, is an example of the top ten one-day performing ETFs […]

Overnight Spike Trade in the E-mini S&P and NASDAQ 100

Monday, October 23rd, 2006

Last night in the e-mini S&P 500 and the NASDAQ 100 futures contracts, there was a spike trade. The 5-minute bar chart shows the volume in the 20-point move came in at over 10,000 contracts for the S&P 500. No one has yet been able to explain the trade.The TradeFlow view shows big buying coming […]

Execution, the Final Key to Trading

Wednesday, October 18th, 2006

Funny, most newbie traders think that execution is the only important aspect of trading. They fantasize that they will day trade their way to riches based on their sense of “knowing” where the market is going. Even more interesting, many get off to a good start and, then reality sets in. The typical scenario is […]

Thom Hartle’s View of Trading and the Financial Markets