Strongest trending markets?

Quote from glassinc:

Hello Mark,

While I'm uncertain about the second chart in the long term down trend. I'm very certain that your first and third charts are the Russell 2000 and Copper in that order. I do enjoy trading the Russell and have found it to be a very profitable index to trade. It has good volatility, is liquid, and has an average daily range of just over nine points. If one can't make a little coin each day trading a contract or more, something is definitely wrong.

Good Luck and Good Trading to You!

Kelly
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Hi Kelly,

The first attachment I posted...

http://www.elitetrader.com/vb/attachment.php?s=&postid=992956

Russell 2000 Index of the ER2 Emini Futures

Second attachment I posted...

http://www.elitetrader.com/vb/attachment.php?s=&postid=992970

Currency U.S. Dollar/Canadian Dollar (USDCAD)

Third attachment I posted...

http://www.elitetrader.com/vb/attachment.php?s=&postid=992994

DAX Index of the Eurex DAX Derivative

Quote from AshanD:

I guess I should explain my reason for asking this. I have read that certain markets just trend better than others. That is, once they establish an up or down trend they tend to continue that way rather than reverse. I think the issue with my question is I didn't realize how many markets there are, I was expecting replies like "small cap tech stock trend well, currency futures do not" But apprently there are whole indicies and numerous other markets I have yet to hear about. (Ex the Oslo Børs Benchmark Index. WTF is that? beautiful chart though)
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Hi AshanD,

Thanks for the clarification.

All markets trend and you can easily manipulate the image of a trend simply via changing the interval setting.

For example...a trader that uses the 5min chart interval may see noise or conjestion on a 2 day chart of 5min intervals.

Whereas a trader that uses the daily chart interval may see a strong trend via the same trading instrument or vice versa.

Therefore, the issue is if your a trend trader...are there current trends in the markets you have access to and interested in trading.

In addition, will you be able to exploit that trend if it continues.

Further, you need to be very careful about trying to apply that statement...

...once they establish an up or down trend they tend to continue that way rather than reverse...

That statement will not hold up in water if your late to the show sort'uv speak when the trend is about to change via either going into a congestion period or reverse into a new trend in the opposite direction.

Also, via your above quote, if you can figure out what prompts institutional traders to enter or exit their long term positions...

(adding to what cnms2 said)

You'll be many steps ahead of most retail speculators and the big boys don't care if you tag along sort'uv speak.

I guess that's why I've been seeing more retail traders here at EliteTrader.com questioning other ET members that have said they currently work for or have in the past at an instituition firm...

Trying to gather any kind'uv information that could help them avoid entering trends during periods of when games are being played (easily shakes you out of the trade position) the most.

P.S. I also never heard of the Oslo Børs Benchmark Index.

Regardless to the chart interval...its parabolic trends like this that brings people to the markets.

Mark
(a.k.a. NihabaAshi) Japanese Candlestick term
 
Thanks for the thread (and ET), it's been very helpful in terms of exposing me to other markets than just the US Financials.

Just remember that each market has its own characteristics (point spread, trendiness/non-trediness, slippage, gappage, etc.) and you have to learn the intricacies of the market before you can earn money in it.

Best of Luck,

James
 
Quote from AshanD:

This is a pretty broad question but I don't know how else to ask it. Lets say you pull up a 100 day chart for various instruments in the stock, futures, and forex markets. Short term volatility aside, which markets will show the strongest trends in long term price action?

Thanks
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Trendiness Report starting Jan. 2003 ending Dec. 2005
at least 40 days in the trend

1. Feeder Cattle
2. Short Sterling
3. Eurodollars
4. Corn
5. Soybean Meal
6. Soybeans
7. Unleaded Gas
8. Fed Funds
9. Live Cattle
10. T-notes
11. Heating Oil #2
12. T-bonds
13. Crude Oil
14. Coffee
 
And here's just 2005

Trendiness Report starting Jan. 2005 ending Dec. 2005
at least 40 days in the trend

1. Nikkei Index
2. CRB Futures
3. Pork Bellies
4. Copper
5. Dax Index
6. Soybean Meal
7. Feeder Cattle
8. FTSE 100 Index
9. Short Sterling
 
Quote from acrary:

And here's just 2005

Trendiness Report starting Jan. 2005 ending Dec. 2005
at least 40 days in the trend

1. Nikkei Index
2. CRB Futures
3. Pork Bellies
4. Copper
5. Dax Index
6. Soybean Meal
7. Feeder Cattle
8. FTSE 100 Index
9. Short Sterling
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I am surprised there is no gold or silver on either of your lists. Or what about Palladium? Those markets have trended very nicely the last couple of years.
 
They show up in the shorter duration trends. Remember, this only includes 2005. A trend starting in 2004 won't rank for 2005.


Trendiness Report starting Jan. 2005 ending Dec. 2005
at least 10 days in the trend

1. NYSE Comp.
2. 90 Day T-Bill
3. Nikkei Index
4. British Pound
5. CRB Futures
6. Australian Dollar
7. Japanese Yen
8. Swiss Franc
9. Muni Bonds
10. Goldman Sachs C.I.
11. Euro
12. Mini Value Line
13. Corn
14. Platinum
15. Natural Gas
16. Soybeans
17. Gold
18. Soybean Meal
19. Cocoa
20. Eurodollars
21. KC Wheat
22. Lumber
23. Pork Bellies
24. Oats
25. Unleaded Gas
26. Palladium
27. Wheat
28. Dollar Index
29. Feeder Cattle
30. Minn Wheat
31. Soybean Oil
32. Mexican Peso
33. Orange Juice
34. Sugar #11
35. Dax Index
36. T-notes
37. Coffee
38. Copper
39. Silver
40. S&P 400 Midcap
41. Canadian Dollar
42. Heating Oil #2
43. Live Hogs
44. Rough Rice
45. FTSE 100 Index
46. T-bonds
47. Cotton #2
48. Live Cattle
49. Fed Funds
50. Long Gilt Bond
51. Crude Oil
52. Russell 2000
53. Short Sterling
54. 10 YR T-Notes
55. 5 YR T-Notes
56. German Bund
57. Nasdaq 100
58. S&P 500
59. Dow Jones Index
60. Emini S&P 500
 
Quote from acrary:

They show up in the shorter duration trends. Remember, this only includes 2005. A trend starting in 2004 won't rank for 2005.


Trendiness Report starting Jan. 2005 ending Dec. 2005
at least 10 days in the trend

1. NYSE Comp.
2. 90 Day T-Bill
3. Nikkei Index
4. British Pound
5. CRB Futures
6. Australian Dollar
7. Japanese Yen
8. Swiss Franc
9. Muni Bonds
10. Goldman Sachs C.I.
11. Euro
12. Mini Value Line
13. Corn
14. Platinum
15. Natural Gas
16. Soybeans
17. Gold
18. Soybean Meal
19. Cocoa
20. Eurodollars
21. KC Wheat
22. Lumber
23. Pork Bellies
24. Oats
25. Unleaded Gas
26. Palladium
27. Wheat
28. Dollar Index
29. Feeder Cattle
30. Minn Wheat
31. Soybean Oil
32. Mexican Peso
33. Orange Juice
34. Sugar #11
35. Dax Index
36. T-notes
37. Coffee
38. Copper
39. Silver
40. S&P 400 Midcap
41. Canadian Dollar
42. Heating Oil #2
43. Live Hogs
44. Rough Rice
45. FTSE 100 Index
46. T-bonds
47. Cotton #2
48. Live Cattle
49. Fed Funds
50. Long Gilt Bond
51. Crude Oil
52. Russell 2000
53. Short Sterling
54. 10 YR T-Notes
55. 5 YR T-Notes
56. German Bund
57. Nasdaq 100
58. S&P 500
59. Dow Jones Index
60. Emini S&P 500
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Interesting stuff. Do you have a similar report for a longer period of time, say 10 or 20 years? That would be very interesting to see what the big picture for these markets is in terms trendiness.
 
Here's the ranking for the last 10 years. If a future has been trading for less than 10 years, the rank is based on the trendiness since it began trading.

Trendiness Report starting Jan. 1996 ending Dec. 2005
at least 10 days in the trend

1. Mini Value Line
2. Nikkei Index
3. 90 Day T-Bill
4. Short Sterling
5. Japanese Yen
6. Palladium
7. Fed Funds
8. Australian Dollar
9. Goldman Sachs C.I.
10. Soybean Meal
11. British Pound
12. Platinum
13. CRB Futures
14. Euro
15. Pork Bellies
16. Swiss Franc
17. Dollar Index
18. Corn
19. Lumber
20. Eurodollars
21. Gold
22. NYSE Comp.
23. KC Wheat
24. Mexican Peso
25. Soybeans
26. Natural Gas
27. Cocoa
28. Feeder Cattle
29. Oats
30. Canadian Dollar
31. Orange Juice
32. Muni Bonds
33. Minn Wheat
34. Heating Oil #2
35. Copper
36. S&P 400 Midcap
37. Live Hogs
38. Rough Rice
39. T-notes
40. Unleaded Gas
41. Crude Oil
42. Russell 2000
43. Live Cattle
44. Soybean Oil
45. Cotton #2
46. Sugar #11
47. Silver
48. Wheat
49. Dax Index
50. Emini Nasdaq
51. T-bonds
52. S&P 500
53. German Bund
54. Coffee
55. Nasdaq 100
56. 5 YR T-Notes
57. Long Gilt Bond
58. FTSE 100 Index
59. Dow Jones Index
60. 10 YR T-Notes
61. Emini S&P 500
 
Lots of good work behind these lists! Thanks for sharing.
Quote from acrary:

Here's the ranking for the last 10 years. If a future has been trading for less than 10 years, the rank is based on the trendiness since it began trading.

Trendiness Report starting Jan. 1996 ending Dec. 2005
at least 10 days in the trend

1. Mini Value Line
2. Nikkei Index
...
More...
 
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