Hi Kelly, The first attachment I posted... http://www.elitetrader.com/vb/attachment.php?s=&postid=992956 Russell 2000 Index of the ER2 Emini Futures Second attachment I posted... http://www.elitetrader.com/vb/attachment.php?s=&postid=992970 Currency U.S. Dollar/Canadian Dollar (USDCAD) Third attachment I posted... http://www.elitetrader.com/vb/attachment.php?s=&postid=992994 DAX Index of the Eurex DAX Derivative Hi AshanD, Thanks for the clarification. All markets trend and you can easily manipulate the image of a trend simply via changing the interval setting. For example...a trader that uses the 5min chart interval may see noise or conjestion on a 2 day chart of 5min intervals. Whereas a trader that uses the daily chart interval may see a strong trend via the same trading instrument or vice versa. Therefore, the issue is if your a trend trader...are there current trends in the markets you have access to and interested in trading. In addition, will you be able to exploit that trend if it continues. Further, you need to be very careful about trying to apply that statement... ...once they establish an up or down trend they tend to continue that way rather than reverse... That statement will not hold up in water if your late to the show sort'uv speak when the trend is about to change via either going into a congestion period or reverse into a new trend in the opposite direction. Also, via your above quote, if you can figure out what prompts institutional traders to enter or exit their long term positions... (adding to what cnms2 said) You'll be many steps ahead of most retail speculators and the big boys don't care if you tag along sort'uv speak. I guess that's why I've been seeing more retail traders here at EliteTrader.com questioning other ET members that have said they currently work for or have in the past at an instituition firm... Trying to gather any kind'uv information that could help them avoid entering trends during periods of when games are being played (easily shakes you out of the trade position) the most. P.S. I also never heard of the Oslo Børs Benchmark Index. Regardless to the chart interval...its parabolic trends like this that brings people to the markets. Mark (a.k.a. NihabaAshi) Japanese Candlestick term
Thanks for the thread (and ET), it's been very helpful in terms of exposing me to other markets than just the US Financials. Just remember that each market has its own characteristics (point spread, trendiness/non-trediness, slippage, gappage, etc.) and you have to learn the intricacies of the market before you can earn money in it. Best of Luck, James
Trendiness Report starting Jan. 2003 ending Dec. 2005 at least 40 days in the trend 1. Feeder Cattle 2. Short Sterling 3. Eurodollars 4. Corn 5. Soybean Meal 6. Soybeans 7. Unleaded Gas 8. Fed Funds 9. Live Cattle 10. T-notes 11. Heating Oil #2 12. T-bonds 13. Crude Oil 14. Coffee
And here's just 2005 Trendiness Report starting Jan. 2005 ending Dec. 2005 at least 40 days in the trend 1. Nikkei Index 2. CRB Futures 3. Pork Bellies 4. Copper 5. Dax Index 6. Soybean Meal 7. Feeder Cattle 8. FTSE 100 Index 9. Short Sterling
I am surprised there is no gold or silver on either of your lists. Or what about Palladium? Those markets have trended very nicely the last couple of years.
They show up in the shorter duration trends. Remember, this only includes 2005. A trend starting in 2004 won't rank for 2005. Trendiness Report starting Jan. 2005 ending Dec. 2005 at least 10 days in the trend 1. NYSE Comp. 2. 90 Day T-Bill 3. Nikkei Index 4. British Pound 5. CRB Futures 6. Australian Dollar 7. Japanese Yen 8. Swiss Franc 9. Muni Bonds 10. Goldman Sachs C.I. 11. Euro 12. Mini Value Line 13. Corn 14. Platinum 15. Natural Gas 16. Soybeans 17. Gold 18. Soybean Meal 19. Cocoa 20. Eurodollars 21. KC Wheat 22. Lumber 23. Pork Bellies 24. Oats 25. Unleaded Gas 26. Palladium 27. Wheat 28. Dollar Index 29. Feeder Cattle 30. Minn Wheat 31. Soybean Oil 32. Mexican Peso 33. Orange Juice 34. Sugar #11 35. Dax Index 36. T-notes 37. Coffee 38. Copper 39. Silver 40. S&P 400 Midcap 41. Canadian Dollar 42. Heating Oil #2 43. Live Hogs 44. Rough Rice 45. FTSE 100 Index 46. T-bonds 47. Cotton #2 48. Live Cattle 49. Fed Funds 50. Long Gilt Bond 51. Crude Oil 52. Russell 2000 53. Short Sterling 54. 10 YR T-Notes 55. 5 YR T-Notes 56. German Bund 57. Nasdaq 100 58. S&P 500 59. Dow Jones Index 60. Emini S&P 500
Interesting stuff. Do you have a similar report for a longer period of time, say 10 or 20 years? That would be very interesting to see what the big picture for these markets is in terms trendiness.
Here's the ranking for the last 10 years. If a future has been trading for less than 10 years, the rank is based on the trendiness since it began trading. Trendiness Report starting Jan. 1996 ending Dec. 2005 at least 10 days in the trend 1. Mini Value Line 2. Nikkei Index 3. 90 Day T-Bill 4. Short Sterling 5. Japanese Yen 6. Palladium 7. Fed Funds 8. Australian Dollar 9. Goldman Sachs C.I. 10. Soybean Meal 11. British Pound 12. Platinum 13. CRB Futures 14. Euro 15. Pork Bellies 16. Swiss Franc 17. Dollar Index 18. Corn 19. Lumber 20. Eurodollars 21. Gold 22. NYSE Comp. 23. KC Wheat 24. Mexican Peso 25. Soybeans 26. Natural Gas 27. Cocoa 28. Feeder Cattle 29. Oats 30. Canadian Dollar 31. Orange Juice 32. Muni Bonds 33. Minn Wheat 34. Heating Oil #2 35. Copper 36. S&P 400 Midcap 37. Live Hogs 38. Rough Rice 39. T-notes 40. Unleaded Gas 41. Crude Oil 42. Russell 2000 43. Live Cattle 44. Soybean Oil 45. Cotton #2 46. Sugar #11 47. Silver 48. Wheat 49. Dax Index 50. Emini Nasdaq 51. T-bonds 52. S&P 500 53. German Bund 54. Coffee 55. Nasdaq 100 56. 5 YR T-Notes 57. Long Gilt Bond 58. FTSE 100 Index 59. Dow Jones Index 60. 10 YR T-Notes 61. Emini S&P 500