The volume profile has become a popular and fundamental tool among order flow traders. This article describes its terms, characteristics and ways to interpret the various shapes.
When traders set their futures price levels, they are commonly looking for either a trade reversal or a trade breakout. Predatory traders will watch these levels too. A “head-fake” is a common term given to a market that appears to breakout but then falls back into the range.
In this article, we’ll discuss the use of market levels in futures trading and how to trade-off key support and resistance levels.
Volatility trading is the term used to describe trading the velocity of movement in price of an underlying instrument rather than the direction of price. For example, you could trade the value of an equity index, but volatility trading typically means trading the expected velocity of movement.
Eric Dugan was taught to work hard from an early age, which led him to not turn down opportunities regardless of the position or the hours. This habit allowed him to snag a tremendous opportunity at an early age. So when a friend of his — knowing his penchant for crazy hours — called with an opportunity working on an overnight trading desk, he jumped at the opportunity.
Dallas-based Warrington Asset Management has operated its Strategic trading program for more than 20 years, however, it has only recently, since April 2015, offered it directly to customers outside of the wirehouse network. Warrington founder Scott Kimple created his unique options strategy while working with Shearson-Lehman Hutton, which would ultimately be acquired by Morgan Stanley.
Toby Crabel played professional tennis after studying finance at Florida Technological University, but was not making a steady income from it. In addition to competing on the circuit he was teaching tennis in the mid-1970s when he met cattle trader Tim Brennan.
Daniel P. Collins, editor in chief at Modern Trader Magazine discusses different variables in the polls on the Brexit vote.
The British trader fighting extradition continues to deny involvement in the flash crash of 2010.
The biggest independent oil trader sold the metals and concentrates business of its Euromin SA subsidiary to Interalloys GmbH.