Formerly a product manager for a meat-packing firm, Lucien Thomas Baldwin III started trading with $20,000 in 1982. With the US experiencing high inflation in the early 1980s treasury bonds became popular with both hedgers and speculators resulting in high trading volume. T-Bond Futures became Baldwin ‘s favourite instrument to trade, and he emerged as
Leo Melamed fled Nazi occupied Poland as a child with his family during World War II. After two years and a journey spanning three continents the family arrived safely in the United States. While studying law at John Marshall, Melamed worked as a runner for Merrill Lynch on the floor of the CME. He received
QStick is a technical indicator developed by Tushar Chande to help identify trends on a Japanese Candlestick chart. It is a moving average of the difference between the opening and closing prices of a security.
Displaced Moving Averages allow you to shift or center the moving average on a price chart. A trader specifies the length for one or more moving averages, then selects the number of intervals to displace the moving average. The underlying mathematics of a moving average ensures that it lags the actual price data. Centering the
The MACD oscillator developed by Gerald Appel uses two exponential moving averages of closing prices. These are turned into a momentum oscillator by subtracting the longer moving average from the shorter moving average. This is the faster line you see on the chart. The slower line, called the signal line is a 9 period exponentially