Futures Markets Trading Ranges

Daily Trading Ranges To Supplement Trade Thesis
Quant Model For Better Futures Trade Location
Take Emotions Out of Trading
Trading Ranges For Improved Trade Location

Trading Ranges For Improved Trade Location

Trading Ranges for August 14, 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 Wednesday, August 14, 2019
FUTURES  BUY TRADE SELL TRADE TREND PREV. CLOSE
FIXED INCOME        
US ULTRA LONG BOND 188.3 194.1 LONG 191.19
US TREASURY BOND 161.2 164.7 LONG 162.94
TREASURY NOTE 10 YR 128.9 130.7 LONG 129.83
TREASURY NOTE 5 YR 118.2 119.4 LONG 118.77
TREASURY NOTE 2 YR 107.3 107.8 LONG 107.59
INDEX        
E-MINI S&P 500 2855 3009 NEUTRAL 2,932
E-MINI NASDAQ 100 7508 7988 NEUTRAL 7,748
MINI DOW JONES 25664 26964 NEUTRAL 26,314
VIX        
FOREX        
EURODOLLAR FX 1.1136 1.1273 NEUTRAL 1.120
JAPANESE YEN 9295.38 9498.62 LONG 0.9397
BRITISH POUND 1.1988 1.2158 SHORT 1.207
CANADIAN DOLLAR 0.7530 0.7606 NEUTRAL 0.7568
AUSTRALIAN DOLLAR 0.6754 0.6848 SHORT 0.6801
U.S. DOLLAR INDEX 97.1629 98.0991 NEUTRAL 97.63
BITCOIN (BITSTAMP)        
METALS        
GOLD 1479.42 1524.98 LONG 1,502
SILVER 16.54 17.43 LONG 16.985
COPPER - HIGH GRADE 2.56 2.69 NEUTRAL 2.6245
ENERGY        
LIGHT CRUDE OIL 53.59 60.61 NEUTRAL 57.10
HEATING OIL 1.79 1.97 NEUTRAL 1.8773
NY HARBOR RBOB GAS 1.65 1.82 NEUTRAL 1.7364
NATURAL GAS 2.06 2.24 NEUTRAL 2.1470
GRAINS        
CORN 350.39 381.61 SHORT 3.66
SOYBEANS 854.70 889.30 NEUTRAL 8.72
WHEAT 453.08 490.92 SHORT 4.72
SOYBEAN OIL 28.34 30.00 LONG 29.17
SOFTS        
COFFEE 96.67 102.73 SHORT 99.70
SUGAR #11 11.35 12.09 SHORT 11.72
COCOA 2181.49 2230.51 SHORT 2206
COTTON 57.41 61.27 SHORT 59.34
LIVESTOCK        
LIVE CATTLE 98.01 103.09 SHORT 100.55
LEAN HOG 76.44 81.56 NEUTRAL 79.000
       
   

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? 
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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.