Futures Buy and Sell Trade Ranges

August 15, 2019 06:30 AM
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Trading Ranges For Improved Trade Location

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Trading Ranges for August 15, 2019

MARKETS MOVE BASED ON TRADER GREED AND FEAR AND EMOTIONS. THERE’S A SCIENTIFIC WAY TO IMPROVE YOUR TRADE EXECUTION PROCESS. TRADING RANGES ARE DESIGNED TO IMPROVE TRADERS BUY AND SELL EXECUTION LEVELS AND TAKE THE EMOTION OUT OF TRADING EXECUTION.

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How Trading Ranges Work?

The Trading Ranges strategy was developed by the Futures Magazine data science team to supplement active trader entry and exit levels in futures and commodity markets. 

Trading Ranges is a quantitative framework for active traders searching for trade alpha. It’s designed to help traders understand where buying and selling action exists from other market players. The trading range levels help you improve trade location and make better sales at the top end of the trading range and purchases at the low end.

The quantitative Trading Ranges is a multi-factor model and uses multiple lookbacks, price, and volatility to determine the actionable trading range for future and commodities markets.
 

 FUTURES BUY & SELL TRADE RANGES  
Buy & Sell Trading Ranges Front Month Futures Thursday, August 15, 2019
FUTURES  BUY TRADE SELL TRADE TREND PREV. CLOSE
FIXED INCOME        
US ULTRA LONG BOND 191.9 198.1 LONG 194.97
US TREASURY BOND 163.0 166.8 LONG 164.91
TREASURY NOTE 10 YR 129.6 131.4 LONG 130.52
TREASURY NOTE 5 YR 118.5 119.7 LONG 119.13
TREASURY NOTE 2 YR 107.5 108.0 LONG 107.75
INDEX        
E-MINI S&P 500 2757 2924 NEUTRAL 2,841
E-MINI NASDAQ 100 7232 7745 NEUTRAL 7,489
MINI DOW JONES 24726 26184 SHORT 25,455
VIX        
FOREX        
EURODOLLAR FX 1.1097 1.1238 SHORT 1.117
JAPANESE YEN 9361.22 9572.78 LONG 0.9467
BRITISH POUND 1.1992 1.2162 SHORT 1.208
CANADIAN DOLLAR 0.7465 0.7556 SHORT 0.7511
AUSTRALIAN DOLLAR 0.6706 0.6802 SHORT 0.6754
U.S. DOLLAR INDEX 97.3574 98.2946 LONG 97.83
BITCOIN (BITSTAMP)        
METALS        
GOLD 1492.72 1539.08 LONG 1,516
SILVER 16.82 17.74 LONG 17.280
COPPER - HIGH GRADE 2.52 2.65 SHORT 2.5865
ENERGY        
LIGHT CRUDE OIL 51.71 58.75 NEUTRAL 55.23
HEATING OIL 1.75 1.93 SHORT 1.8437
NY HARBOR RBOB GAS 1.59 1.76 SHORT 1.6758
NATURAL GAS 2.06 2.22 NEUTRAL 2.1430
GRAINS        
CORN 343.61 374.39 SHORT 3.59
SOYBEANS 843.27 878.73 SHORT 8.61
WHEAT 454.69 492.81 SHORT 4.7375
SOYBEAN OIL 28.27 29.93 LONG 29.1
SOFTS        
COFFEE 94.85 100.95 SHORT 97.90
SUGAR #11 11.24 11.98 SHORT 11.61
COCOA 2179.97 2228.03 SHORT 2204
COTTON 57.68 61.54 SHORT 59.61
LIVESTOCK        
LIVE CATTLE 97.68 102.72 SHORT 100.20
LEAN HOG 76.83 81.97 NEUTRAL 79.400
 
   
       
   

Other Trading Models to Combine

The range model works best in combination with other trading indicators and models. We suggest researching with money flow models, trend following models and correlation models.

How We Use Trading Ranges?


1) The most popular way to trade is to use levels as support and resistance levels that are in the same direction as your other trading indicators or view

2). We also like to buy and sell on pullbacks contrary to our directional view. Trading Ranges gives us a price level to target to initiate or add additional trading units.

Questions or comments? 
Send to feedback@futuresmag.com
Twitter: @futurestrademag

About the Author

Futures Magazine is a premier resource for trading insights and trade ideas. The magazine publishes articles daily on stocks, futures , commodities, options, forex and crypto.