After the close of trading on 18 August 2021... What chart is this? THEICE.com explains... The Coffee C contract is the world benchmark for Arabica coffee. The contract prices physical delivery of exchange-grade green beans, from one of 20 countries ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

After Tueday's close, the chart looked like this: image N.B. I am limiting my focus to going long, although I did point out a four-week low, which would have been a short entry point (according to the book). I am hoping the price does not get ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

AMENDMENT: I used June 1st as a starting point for my back-testing. But if I had entered a long there, I would have exited at the vertical green line, which marks a new two-week low price. image Such an exit would have meant a loss, followed by a ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

The closing price today was 189.60.

Futures: Energy, Metals, Grains, Soft, Indices, Rates

FWIW, here's the chart at the end of trading today: The bid and ask are highlighted in the upper left, in red and blue, respectively. image

Futures: Energy, Metals, Grains, Soft, Indices, Rates

Monday, August 9/2021 - end of trading: There are two vertical black lines that highlight candlesticks in July and August. The price dipped to a low at the second black line, but it was not a two-week low, so a short trade was not entered. Judging ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

One thing about the Turtle Trading method: according to the book, you are not supposed to start closing your position in order to "lock in" profits. This is in complete contrast to DIBS, which insists that you aim to close 50% of your trade to lock ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

Today's chart. SHORT ENTRY. The three arrows point to low prices. The orange arrow points to a low, but not a four-week low, so there was no short entry. The short entry came at the second pale-green arrow, as that was the latest four-week low. (The ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

image First, we shrink down the chart to make it a YTD chart. Then, we start the calculations for the True Range values, as prescribed by the Turtle Trader method. To determine the entry and exit (LONG): 1. For each day, keep track of the O,H,L,C ...

Futures: Energy, Metals, Grains, Soft, Indices, Rates

image This is a chart showing various IB setups on a daily chart. And here is the requisite girlie pic: image

The DIBS Method... No Free Lunch continues

If you want confirmation, here it is. Source: INSIDE DAY NR4 (ID/NR4) PATTERN TRADING GUIDE So we don't just need an "inside day"--we need an inside bar that has the narrowest range of the four previous bars. image

The DIBS Method... No Free Lunch continues

I'm reading Jim Rogers' book Hot Commodities and have given some thought to choosing a commodity to test turtle trading on. For your consideration, here is a chart of COFFEE C FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) 1 year chart: image

Futures: Energy, Metals, Grains, Soft, Indices, Rates

Based on some earlier entries in this thread, it appears that Crowns called it the Daily Inside Bar System because you first have to check the daily charts of the four major pairs he discussed and then find situations where the daily bar for ...

The DIBS Method... No Free Lunch continues

FOLLOW-UP: As if to demonstrate the theory that the EUR/CAD makes for good short-term breakouts because there is "nothing on the other side" of the trade, here is a daily chart of the EUR/CAD back from March 2020, showing a monumental trade after ...

EUR/CAD

image (Some reasons why the EUR/CAD is a good short-term trade...)

EUR/CAD

image This is why Peter Crowns tells us to "take all the trades." Because you might be entering an uptrend and some carefully-scripted language from a Central Bank might amplify your profits. A promising DIBS setup formed on a somewhat off-beat ...

The DIBS Method... No Free Lunch continues

My apologies for the late reply. I believe this might have something to do with why $TSLA didn't drop off a cliff last November: image Perhaps we shouldn't be surprised; the White House doesn't want the markets to end the year on a down note, I ...

Let's Trade Options

image Is anyone buying put options on Tesla's debt maturity dates? I ask because I've been following this since March 1, 2019, when Tesla repaid some $920MM in convertible debt. As the chart shows, the share price peaked on Feb 28 at $320 and ...

Let's Trade Options

image A near-perfect DIBS trade that was foiled by algos: May 2nd-3rd, 2019, GBP/USD: image And, because I mentioned the "Big Ben Breakout" strategy, I shall repost the article by Kristian Kerr from the now-defunct Currency Trader magazine. ...

The DIBS Method... No Free Lunch continues