Modelling carrying charges for grains

Pavel Hála | Announcements | 24. 4. 2017

I’m excited to announce interesting new features in our app, regarding grains and carrying charges. These functions are actually nothing new for me. I coded them for ZC, ZS, ZM and ZL sometimes in 2010 into my personal Javascript app that later became an alpha version of SpreadCharts.com app. What’s brand new today and what…

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Commitments of Traders – the Hedgers

Elen Lindisova | Tutorials | 25. 3. 2017

I wrote about COT analysis in my previous article. Today, I’ll continue with Commitment of Traders, which is an important part of my trading approach. I mentioned big players and how they move the market. I’m gonna describe who are these large market participants and how can we use their activity for our own benefit….

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From COT report to COT analysis

Elen Lindisova | Tutorials | 17. 3. 2017

COT report Commitment of Traders report is not beneficial only for us – spread traders, but also for outright futures traders, currency traders, etc. COT reveals what’s behind the curtain. It gives us information we’re unable to obtain from news and other common sources. We can determine whether the market is overbought or oversold, based…

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Understanding commodity ETF decay

Pavel Hála | Quantitative trading | 1. 3. 2017

In the previous article, I explained compounding effect and the reason why leveraged ETFs lose value over time. Today, we’ll take a look at commodity ETFs. These funds can decay very fast, even if they are non-leveraged. That’s because the mechanism of decay is of different nature than that of leveraged ETFs holding stocks. Most…

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Not all ETFs are created equal

Pavel Hála | Quantitative trading | 20. 2. 2017

ETFs or Exchange Traded Funds are investing hit of recent years. Even small investors can seamlessly open a position in stock index or various commodities using ETF. That was previously possible only by using big futures contracts that required huge account. However the human invention has no boundaries. More exotic ETFs, like inverse or leveraged,…

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Where is gold heading in 2016

Pavel Hála | Analyses | 4. 1. 2016

It’s the beginning of the year, and here comes my traditional gold market forecast. First, I’d like to evaluate last year’s outlook. At the time of its writing (January 2015), the price of gold was $1300. The precious metals had been rising back then and many people started to talk about beginning of the new…

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Commitment of Traders

Pavel Hála | Quantitative trading | 15. 10. 2015

As I promised last time, I will finally delve into my quant beginnings. I consider the work in COT analysis to be my truly first quantitative achievement. COT, or the Commitment of Traders, is the report published by the CFTC (US federal agency for the supervision of commodity markets). The report is actually a huge…

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New term structure chart

Pavel Hála | Announcements | 16. 9. 2015

Term structure (or forward curve) gives investors an important insight into the state of the markets. Now you can find it in SpreadCharts too! It’s under Historical charts in the app. Here’s the current term structure for CBOT Corn as an example:

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Seasonal trading signals launched!

Pavel Hála | Announcements | 11. 8. 2015

After about a year of development, we’re launching new seasonal trading signals. The studies are based on our own algorithm, which was tweaked to found the best trades in the futures markets. Actual trades are sorted by the entry date. Each row contains computed entry date and exit date from the trade, average return on…

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ICE futures added

Pavel Hála | Announcements | 29. 7. 2015

We’ve added ICE futures contracts into our app. We bought a new commercial data feed for ICE data. The most visible change is in the softs group. However there are also new commodities in the energy group such as Brent Crude Oil, ICE Gasoil, UK Natural Gas and others. Dollar index in the currencies group…

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