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NQ Power Range Report with FIB Ext - 7/17/2025 SessionCME_MINI:NQU2025 - PR High: 23072.00 - PR Low: 23031.25 - NZ Spread: 91.25 Key scheduled economic events: 08:30 | Initial Jobless Claims - Retail Sales (Core|MoM) - Philadelphia Fed Manufacturing Index Session Open Stats (As of 12:35 AM 7/17) - Session Open ATR: 274.88 - Volume: 18K - Open Int: 268K - Trend Grade: Neutral - From BA ATH: -0.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
NQ Power Range Report with FIB Ext - 7/18/2025 SessionCME_MINI:NQU2025 - PR High: 23262.75 - PR Low: 23245.25 - NZ Spread: 39.0 No key scheduled economic events Pushing ATH through overnight hours Session Open Stats (As of 1:15 AM 7/18) - Session Open ATR: 272.56 - Volume: 18K - Open Int: 286K - Trend Grade: Neutral - From BA ATH: -0.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23811 - Mid: 22096 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Long
by mv3trader5
NQ Power Range Report with FIB Ext - 7/16/2025 SessionCME_MINI:NQU2025 - PR High: 23034.25 - PR Low: 22973.75 - NZ Spread: 135.5 Key scheduled economic events: 08:30 | PPI 10:30 | Crude Oil Inventories AMP margins raised overnight for expected PPI volatility Session Open Stats (As of 12:25 AM 7/16) - Session Open ATR: 277.22 - Volume: 27K - Open Int: 277K - Trend Grade: Neutral - From BA ATH: -0.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
1
NQ Power Range Report with FIB Ext - 7/15/2025 SessionCME_MINI:NQU2025 - PR High: 23036.00 - PR Low: 23000.00 - NZ Spread: 80.5 Key scheduled economic events: 08:30 | CPI (Core|MoM|YoY) Asian hours vol spike breakout swing into new ATHs Session Open Stats (As of 12:15 AM 7/15) - Session Open ATR: 290.39 - Volume: 42K - Open Int: 276K - Trend Grade: Neutral - From BA ATH: -0.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Long
by mv3trader5
1
NQ Power Range Report with FIB Ext - 7/14/2025 SessionCME_MINI:NQU2025 - PR High: 22890.50 - PR Low: 22803.00 - NZ Spread: 195.0 No key scheduled economic events 0.33% weekend gap to previous week low, unfilled Session Open Stats (As of 1:15 AM 7/14) - Session Open ATR: 289.88 - Volume: 36K - Open Int: 270K - Trend Grade: Neutral - From BA ATH: -1.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
NQ Power Range Report with FIB Ext - 7/11/2025 SessionCME_MINI:NQU2025 - PR High: 23039.75 - PR Low: 23004.50 - NZ Spread: 78.75 No key scheduled economic events High 200+ range volatility during Asian hours Session Open Stats (As of 1:35 AM 7/11) - Session Open ATR: 301.79 - Volume: 48K - Open Int: 268K - Trend Grade: Neutral - From BA ATH: -0.6% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Short
by mv3trader5
NQ Power Range Report with FIB Ext - 7/10/2025 SessionNQ Power Range Report with FIB Ext - 7/10/2025 Session CME_MINI:NQU2025 - PR High: 23065.25 - PR Low: 23033.25 - NZ Spread: 71.5 Key scheduled economic events: 08:30 | Initial Jobless Claims 13:00 | 30-Year Bond Auction Session Open Stats (As of 12:35 AM 7/10) - Session Open ATR: 300.61 - Volume: 20K - Open Int: 270K - Trend Grade: Neutral - From BA ATH: -0.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Short
by mv3trader5
NQ Power Range Report with FIB Ext - 7/9/2025 SessionCME_MINI:NQU2025 - PR High: 22923.00 - PR Low: 22900.50 - NZ Spread: 50.5 Key scheduled economic events: 10:30 | Crude Oil Inventories 13:00 | 10-Year Note Auction 14:00 | FOMC Meeting Minutes Session Open Stats (As of 12:25 AM 7/9) - Session Open ATR: 303.33 - Volume: 16K - Open Int: 270K - Trend Grade: Neutral - From BA ATH: -0.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Short
by mv3trader5
NQ Power Range Report with FIB Ext - 7/8/2025 SessionCME_MINI:NQU2025 - PR High: 22853.50 - PR Low: 22808.50 - NZ Spread: 100.5 No key scheduled economic events Session Open Stats (As of 12:25 AM 7/8) - Session Open ATR: 318.85 - Volume: 24K - Open Int: 269K - Trend Grade: Neutral - From BA ATH: -0.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Long
by mv3trader5
NQ Power Range Report with FIB Ext - 7/7/2025 SessionCME_MINI:NQU2025 - PR High: 23028.50 - PR Low: 22943.00 - NZ Spread: 191.25 No key scheduled economic events First full trading day following long holiday weekend Session Open Stats (As of 12:45 AM 7/7) - Session Open ATR: 323.71 - Volume: 33K - Open Int: 271K - Trend Grade: Neutral - From BA ATH: -0.6% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
NQ Power Range Report with FIB Ext - 7/2/2025 SessionCME_MINI:NQU2025 - PR High: 22723.00 - PR Low: 22683.00 - NZ Spread: 89.5 Key scheduled economic events: 08:15 | ADP Nonfarm Employment Change 10:30 | Crude Oil Inventories Session Open Stats (As of 12:25 AM 7/2) - Session Open ATR: 328.85 - Volume: 20K - Open Int: 265K - Trend Grade: Neutral - From BA ATH: -0.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Long
by mv3trader5
NQ Power Range Report with FIB Ext - 7/1/2025 SessionCME_MINI:NQU2025 - PR High: 22886.75 - PR Low: 22852.50 - NZ Spread: 76.75 Key scheduled economic events: 09:30 | Fed Chair Powell Speaks 09:45 | S&P Global Manufacturing PMI 10:00 | ISM Manufacturing PMI - ISM Manufacturing Services - JOLTs Job Openings Holding in ATH range Session Open Stats (As of 12:45 AM 7/1) - Session Open ATR: 329.32 - Volume: 21K - Open Int: 269K - Trend Grade: Neutral - From BA ATH: -0.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Short
by mv3trader5
NQ Power Range Report with FIB Ext - 6/30/2025 SessionCME_MINI:NQU2025 - PR High: 22842.50 - PR Low: 22751.50 - NZ Spread: 202.75 Key scheduled economic events: 09:45 | Chicago PMI Weekend volatility taking auction into new ATHs Session Open Stats (As of 12:45 AM 6/30) - Session Open ATR: 345.85 - Volume: 33K - Open Int: 261K - Trend Grade: Neutral - From BA ATH: +0.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
NQ Power Range Report with FIB Ext - 6/27/2025 SessionCME_MINI:NQU2025 - PR High: 22713.50 - PR Low: 22669.25 - NZ Spread: 98.75 Key scheduled economic events: 08:30 | Core PCE Price Index (YoY|MoM) Session Open Stats (As of 12:35 AM 6/27) - Session Open ATR: 348.99 - Volume: 21K - Open Int: 260K - Trend Grade: Neutral - From BA ATH: -1.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 23239 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
NQ Power Range Report with FIB Ext - 6/25/2025 SessionCME_MINI:NQU2025 - PR High: 22412.00 - PR Low: 22384.50 - NZ Spread: 61.5 Key scheduled economic events: 10:00 | Fed Chair Powell Testifies - New Home Sales 10:30 | Crude Oil Inventories Session Open Stats (As of 12:35 AM 6/25) - Session Open ATR: 372.52 - Volume: 18K - Open Int: 253K - Trend Grade: Neutral - From BA ATH: -1.9% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 20383 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025Long
by mv3trader5
NQ Power Range Report with FIB Ext - 6/23/2025 SessionCME_MINI:NQU2025 - PR High: 21787.00 - PR Low: 21566.75 - NZ Spread: 491.75 Key scheduled economic events: 09:45 | S&P Global Manufacturing PMI - S&P Global Services PMI 10:00 | Existing Home Sales Open weekend gap down ~0.33% Session Open Stats (As of 12:45 AM 6/23) - Session Open ATR: 382.81 - Volume: 38K - Open Int: 234K - Trend Grade: Neutral - From BA ATH: -4.8% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22096 - Mid: 20383 - Short: 19246 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
NQ Power Range Report with FIB Ext - 6/20/2025 SessionCME_MINI:NQU2025 - PR High: 21930.25 - PR Low: 21745.75 - NZ Spread: 412.0 Key scheduled economic events: 08:30 | Philadelphia Fed Manufacturing Index Session Open Stats (As of 1:05 AM 6/20) - Session Open ATR: 377.21 - Volume: 155K - Open Int: 230K - Trend Grade: Neutral - From BA ATH: -4.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22096 - Mid: 20383 - Short: 19246 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQU2025
by mv3trader5
TESLA'S FALLI am seeing continuation to the downside of TESLA with all the market sentiment of Tariffs. TESLA has touched a previous order block as expected on the downward movement, closing with a support on the $252/255 area. I am awaiting 2 possible situations depending on Monday's ORB movement. 1- That TESLA will move up to the $384/382 area to retest Trendline and continue to liquidate orders down to the next order block which is in the range of $212/215 to commence a bounce to recovery. 2- Tesla will continue to drop from current range towards to the lowest order block to $212/215 for a bounce back. Looking forward to possible news to validate sentiments in order to make these moves happen. So far on prediction 23/0 so I am confident this is the markets intention for now.
NASDAQ:TSLAShort
by soymundo21
SPY Daily Chart Analysis: Approaching Key Resistance at $564Looking at the SPY daily chart, the price has recovered well from its recent pullback and is now approaching a significant resistance level around $564. Key Levels: Resistance at $564: The green dashed line highlights this key resistance zone. SPY has tested this level multiple times, and we’re nearing another test. Each time the price approached this zone, it faced rejection, making it a critical level to break for continued upside. Support at $552.49: This is the immediate support zone, and it’s holding strong. Any pullback towards this level would be a natural correction but as long as we stay above it, the bulls remain in control. What I Expect: Potential Breakout: If SPY manages to break and hold above $564, we could see a significant rally, possibly testing higher resistance levels around $570. However, failure to break this resistance might lead to another pullback, with $552 acting as the first major support. Sideways Action: There’s also the chance that SPY could consolidate in the $552 - $564 range before making a decisive move in either direction. This would create a buildup of momentum before the next big breakout or breakdown. Final Thoughts: We’re at a critical juncture. If the bulls can push through $564, we might see a continuation of the larger uptrend. However, resistance here has been strong, so I’ll be watching closely for either a breakout or a rejection at this level. Stay cautious and watch for clear confirmation before making your move.
AMEX:SPYLong
by Deno_Trading
Worldcoin WLDUSDT can the price go to 500000 USD?Hello friends, after a long time I'm just warning that I'm putting money here in project of Sam Altman I feel that trust in BTC is already broken. Maybe I'm wrong, I recommend you find out more about the project Potential Applications Worldcoin could significantly increase equality of opportunity globally by advancing a future where everyone, regardless of their location, can participate in the global digital economy through universally-accessible decentralized financial and identity infrastructure. As the network grows, so should its utility. Today, many interactions in the digital realm are not possible globally. The way humans transact value, identify themselves, and interact on the internet is likely to change fundamentally. With universal access to finance and identity, the following future becomes possible: Finance Owning & Transferring Digital Money: Sending money will be near instant and borderless, globally. Available to everyone. The world could be connected financially and everyone would be able to interact economically on the internet. The COVID relief fund for India, where over $400 million were raised in a short period of time by individuals around the world to support the country as a hint at what can be possible. Overall, this has the potential to connect people on a global scale unlike anything previously seen in human history. Digital money is safer than cash, which can be more easily stolen or forged. This is especially important in crisis situations where instant cross-border financial transactions need to be possible, such as during the Ukrainian refugee crisis, where USDC was used to distribute direct aid. Additionally, digital money is an asset that individuals can own and control directly without having to trust third parties. Identity Keep the Bots Out: Bots on Twitter, spam messages, and robocalls are all symptoms of the lack of sound and frictionless digital identity. These issues are exacerbated by rapidly advancing AI models, which can solve CAPTCHAs and produce content that is convincingly "human". As services ramp up defenses against such content, it becomes essential that an inclusive and privacy-preserving solution for proof of personhood is available as public infrastructure. If every message or transaction included a "verified human" property, a lot of noise could be filtered from the digital world. Governance: Currently, collective decision making in web3 largely relies on token-based governance (one token, one vote), which excludes some people from participating and heavily favors those with more economic power. A reliable sybil-resistant proof of personhood like World ID opens up the design space for global democratic governance mechanisms not just in web3 but for the internet. Additionally, for AI to maximally benefit all humans, rather than just a select group, it will become increasingly important to include everyone in its governance. Intersection of Finance and Identity Incentive Alignment: Coupons, loyalty programs, referral programs and more generally sharing value with customers is traditionally prone to fraud as the incentives for fraudulent actors are high. Frictionless and fraud resistant digital identity helps to align incentives and benefit both consumers and companies. This could even incept a new wave of companies owned in part by its users. Equal Distribution of Scarce Resources: Crucial elements of modern society, including subsidies and social welfare, can be rendered more equitably by employing proof of personhood. This is particularly pertinent in developing economies, where social benefit programs confront the issue of resource capture—fake identities employed to acquire more than a person’s fair share of resources. In 2021, India saved $5 billion in subsidy programs by implementing a biometric-based system that reduced fraud. A decentralized proof of personhood protocol can extend similar benefits to any project or organization globally. As AI advances, fairly distributing access and some of the created value through UBI will play an increasingly vital role in counteracting the concentration of economic power. World ID could ensure that each individual registers only once and to guarantee equitable distribution.
Long
by Bitcoinblockchainonline
24
Timely Opening Range Breakout Strategy (TORB)Today, I’ll tell you about an amazing research study back from 2019 by a team of Taiwanese researchers, “Assessing the Profitability of Timely Opening Range Breakout on Index Futures Markets.” Takeaway: The study's results are compelling. Implementing the TORB strategy yielded over 8% annual returns across the tested markets. Remarkably, the TAIEX index showcased a staggering 20.28% annual return. These numbers underline the potential of TORB in maximizing trading gains. █ What is Open Range Breakout? Open Range Breakout (ORB) is one of the simplest and safest strategies day traders use in a relatively low-volatility market. Opening Range means exactly just that. You check an asset's highest and lowest price in a certain time frame (usually 15 to 60 minutes) from the market's opening time. These levels become your resistance and support that guide your trading plan for that day. Say if your chosen stock price goes higher than the highest level after the opening range; it indicates a bullish run for the day. Conversely, it indicates a bearish run if the price loses support in a downward trend. █ Timely Opening Range Breakout Strategy ORB has a certain set of challenges, especially for volatile markets. The Timely Open Range Breakout (TORB) strategy has been proposed in response to these challenges. TORB leverages high-frequency intraday data and aligns trading strategies with the active hours of the underlying stock markets. By analyzing one-minute intraday data from 2003 to 2013 across various markets, including DJIA, S&P 500, NASDAQ, HSI, and TAIEX, the study by Yi-Cheng Tsai et al. demonstrates the effectiveness of this strategy. The key lies in identifying the 'active hours' of the market, aligning with the opening range of the underlying index. █ 1. PMMV and PMVR: The research paper introduces two critical variables for the TORB strategy: Per-Minute Mean Volume (PMMV) and Per-Minute Variance of Return (PMVR). These metrics are essential in identifying the most active hours for futures market trading. PMMV provides a snapshot of the market's activity level at each minute of the trading day. PMVR is crucial for understanding the volatility or the degree of fluctuation in the market at each minute. PMMV (Per-Minute Mean Volume) is calculated by averaging the trading volume in a one-minute interval over a specified number of trading days. The graph shows that the German 40 is most active during the London opening and 30 minutes into the New York opening. PMVR (Per-Minute Variance of Return) measures the variance of the one-minute returns, calculated as the logarithmic difference between the closing prices of one-minute intervals. Using PMVR, the German 40 is most active during the London opening session and approximately one hour into the New York session. █ 2. TORB Trading Rules: Basic ORB trading rules are applied here. Buying pressure dominates if the price moves above the resistance level, suggesting potential upward price movement. Conversely, selling pressure prevails if the price falls below the support level, indicating a possible downward trend. These rules are applied within the active trading hours, defined by the PMMV and PMVR metrics. Buy Signal Sell Signal The strategy also defines three key time points: the beginning of the observed period, the end of the observed period (probe time), and the time of closing the position. The prices at these specific times determine the conditions for buying and selling​​. █ 3. Data Sets: The study utilized two main datasets for its experiments: Intraday Data of Five Futures Markets: This dataset includes one-minute intraday data of the E-mini futures of the DJIA, S&P 500, NASDAQ 100, HSI (Hong Kong), and TAIEX (Taiwan). The period covered ranges from 2001/2003 to 2013, providing a comprehensive overview of these markets over a decade. Transaction Data for TAIEX Index Futures: This dataset contains detailed transaction data for the TAIEX index futures, covering the period from 2006 to 2013. It analyzes the relationship between TORB signals and trader behavior in the Taiwanese market. Interestingly, the research even considers the global financial crisis of 2007-2008, presenting test results for two sub-periods: before and after 2007. This approach ensures a thorough understanding of the strategy's performance across different market conditions​​. █ Results and Analysis 1. TORB Profitability Test: The TORB profitability test involved back-testing the strategy for the five futures markets. DJIA, S&P, and NASDAQ results revealed that strategies with probe times in the early stages yielded significantly higher annual returns. DJIA: The results showed that TORB transactions decreased as the probe time moved away from the beginning of active hours. This implies that the strategy was most effective when applied close to market opening times. S&P and NASDAQ: Similar to the DJIA, these markets also showed that strategies with early-stage probe times earned higher annual returns. Additionally, the TAIEX results demonstrated that TORB strategies earned significantly higher returns with probe times of less than 200 minutes. 2. Impressive Returns: The study's results are compelling. Implementing the TORB strategy yielded over 8% annual returns across the tested markets. Remarkably, the TAIEX index showcased a staggering 20.28% annual return. These numbers underline the potential of TORB in maximizing trading gains. It also found that the best probing times were shorter in the U.S. markets and longer in Asian markets​​. The research demonstrated that TORB strategies yielded consistently higher returns than traditional TRB (Trading Range Breakout) strategies, with no significant results in profitability tests for all TRB strategies across the five futures markets​​. To provide a clear picture, here's a summary of the daily returns for each market analyzed: E-mini DJIA: See Table 1 from the research paper E-mini S&P: See Table 2 from the research paper E-mini NASDAQ and HSI: See Tables 3 and 4 from the research paper TAIEX: See Table 5 from the research paper The active hours, identified by peaks in PMMV and PMVR, played a crucial role in the strategy's success. For instance, the E-mini DJIA showed peaks around 8:30 AM and 3:15 PM, coinciding with the opening and closing times of the underlying market. Similarly, peaks were observed for HSI around the opening, closing, and lunch break times. █ Relationship Between TORB Signals and Trader Behavior The study also examined the relationship between TORB signals and trader behavior, particularly in the TAIEX futures market. It was observed that the daily volume for individual traders was about twice that for institutional traders. The returns of the TORB strategies were positively related to the net buy positions of institutional traders both before and after the breakout. This suggests that by following the TORB signals, one could trade in the same direction as institutional traders and obtain positive returns. Specifically, the returns of the TORB strategies were significantly and positively related to foreign investment institutions, both before and after the breakout, indicating that TORB signals align with the trading direction of the most informed traders in the Taiwan market​​. █ Reference Y.-C. Tsai, M.-E. Wu, J.-H. Syu, C.-L. Lei, C.-S. Wu, J.-M. Ho, and C.-J. Wang, "Assessing the Profitability of Timely Opening Range Breakout on Index Futures Markets," IEEE Access, vol. 7, pp. 32061- 32071 Mar. 2019. ----------------- Disclaimer *Our results are approximate. We encourage you to test the assumption yourself. We do not guarantee that you will get the same results. This is an educational study for entertainment purposes only. The information in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell securities. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
OANDA:DE30EUREducation
by Zeiierman
22