Haim Bodek, former CEO of Trading Machines, a Prominent High Frequency Trading firm based in Connecticut, joins Merlin for a look into what has been happening in the HFT world...
In a three wave move, the alternating waves will be wave A and wave C (or if you label with numbers, wave 1 and wave 3...
Far from Wall Street in a Chicago neighborhood once synonymous with urban blight, two futures industry veterans are using secrecy and speed to mint fortunes. Their firm, Jump Trading LLC, was all but invisible until it was among six companies subpoenaed in April by New York prosecutors...
Leading Diagonals It has recently come to light that a diagonal occasionally appears in the wave 1 position of impulses and in the wave A position of zigzags...
Diagonal A diagonal is a motive pattern yet not an impulse, as it has two corrective characteristics. As with an impulse, no reactionary subwave fully retraces the preceding actionary subwave, and the third subwave is never the shortest...
Identifying Your Own Personal Preferences for Trading In order to be a successful trader - either discretionally or algorithmically - it is necessary to ask yourself some honest questions...
An ideal neural network expert advisor must trade by itself, without human intervention at all. Regular advisor sooner or later has to be optimized, and you have to find parameters at which it begins to trade profitably...
Truncation Elliott used the word "failure" to describe a situation in which the fifth wave does not move beyond the end of the third. We prefer the less connotative term, "truncation," or "truncated fifth...
When markets pullback from the trend consider trading retracements Traders can time entries at support and resistance using oscillators...
High-frequency trading (HFT) is a type of algorithmic trading, specifically the use of sophisticated technological tools and computer algorithms to rapidly trade securities...
A Step-by-Step Guide to Using a Naïve Bayes Classifier to Predict the Direction of an Asset in R...
In 2009, high frequency trading was estimated to have accounted for 61% of all U.S. equity market volume. That was an all–time high. But today, it looks like that is no longer the case. In fact, some estimates claim that 2014 will be one of the quietest years for high frequency trading...
There are a couple resources out there for applying machine learning to trading, but none seem to go into detail on how to exactly implement a machine learning strategy. In this first article, I give an overview of machine learning and how it can be used to trade...
Extension Most impulses contain what Elliott called an extension. Extensions are elongated impulses with exaggerated subdivisions. The vast majority of impulse waves do contain an extension in one and only one of their three actionary subwaves...
Motive Waves Motive waves subdivide into five waves with certain characteristics and always move in the same direction as the trend of one larger degree. They are straightforward and relatively easy to recognize and interpret...
Degrees When numbering and lettering waves, the scheme shown below is recommended to differentiate the degrees of waves in the stock market's progression: The most desirable form for a scientist is usually something like 11, 12, 13, 14, 15, etc...
AUDUSD Technical Strategy: Longs preferred Doji highlights indecision suggesting range may persist Harami on the four hour timeframe yielded intraday recovery AUDUSD continues its consolidation between the 0.9320 and 0.9440 mark with a Doji on the daily suggesting indecision amongst traders...
Prices rebounded as expected after putting in a Bullish Engulfing candle pattern at support set from October 2013. A daily close above the 50% Fibonacci retracement at 10452, initially exposes the 61.8% level at 10743. Alternatively, reversal below the 38...
Artificial neural networks are sophisticated computer systems that mimic the working of the human brain...
