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Search Commodity |
Not Updated since
3/7/2008
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7/6/2008
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Welcome to
CommodityBulls.com
Analysis of Commodity Futures
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About This Site
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This website
analyses approximately 250 commodity futures in North
America and U.K. everyday. A very sophisticated computer
program runs a unique sort of technical analysis based
on the corrected time series of the commodities. It
may not be apparent at the first glance but what is
accomplished is truly amazing. The end of day data for
all commodities is downloaded, each one is analyzed,
signals and commentaries are generated and the site
is updated. All of this is done in only a couple of
hours after the markets are closed.
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The
work done at the background is very sophisticated but
the presentation of the results to the viewers is fairly
simple and user friendly. We post very simple but extremely
appropriate trading signals, for all the commodities.
These are LONG-IF,
LONG CONFIRMED,
SHORT-IF, SHORT
CONFIRMED, HOLD
and WAIT. The signals
are accompanied with a daily commentary. Another unique
feature of the site is its candlestick pages. The program
is able to recognize 89 different candlestick formations
and it can identify reversal and continuation patterns.
Interested readers may go to www.candlesticker.com,
which gives a thorough knowledge about each pattern.
Aside from this, the program itself identifies the relevant
candlestick pattern applicable to each commodity on
daily basis, explains it shortly and generates a brief
commentary.
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The Philosophy
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The philosophy
shaping the signal system stems from our experiences,
which extends into quite a few years. Based on our previous
experiences; we decided to say farewell to the trend
concept. In our view, it is an ill defined concept and
unnecessarily constraints the investor to wait for the
big rally. Unfortunately, such rallies occur rarely.
The market is characterized by sideways and falling
episodes most of the time. It is then important to devise
a system, which can earn money in such markets as well.
The only way to accomplish this difficult task is to
create a truly dynamic system, which incorporates the
participation of the investor. Mechanical trading systems
assume a passive investor. System generates LONG or SHORT
signals and the investor is supposed to passively obey
them. Unfortunately, this approach does not conform
to the nature of the market. Market is driven by moods
and changes its perceptions very quickly. The only way
to cope with this dilemma is to transform the investor
into a dynamic element of the trading system. To accomplish
this, the system generates conditional LONG-IF and SHORT-IF.
The investor is not supposed to act immediately following
these signals. The final decision is left to the market
itself. We only define certain conditions that must
hold in the next day to confirm the conditional LONG
or SHORT signal. Investor himself or herself is supposed
to check these conditions and decide to act if the conditions
are favorable. If the investor is not sure about the
fulfillment of the conditions, he or she may wait for
the next signal. The next signal clearly shows if the
conditional LONG or SHORT has been transformed into a
LONG CONFIRMED
and SHORT CONFIRMED or
not. However doing so, the investor accepts a small
time cost which means that he or she acts a bit late
relative to an investor who follows the conditions himself
or herself.
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The Signals
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LONG-IF
and SHORT-IF are conditional
pre-signals that are generated on the basis of the candlestick
patterns. They are preliminary warnings posted for the
next trading day. Traders should consider the signals
as confirmed and place their orders in the direction
of the signal, if only the market move in the next day
proves that the preceding candlestick pattern is confirmed.
If the market moves opposite to the signal, in other
words, if the candlestick pattern is not confirmed,
then the conditional signals should be taken as null
and void and should be ignored. Our system occasionally
prompts the investor to wait one more day thus allowing
a second chance for confirmation.
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LONG
CONFIRMED and SHORT CONFIRMED
are post-signals confirming the preceding conditional
signals. They show that the candlestick pattern is confirmed,
and they should be taken as a final warning and a last
chance for traders to place their orders in the direction
of the signal.
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HOLD
comes after a LONG CONFIRMED
and stays until the next confirmed signal. It may also
come after a LONG-IF
or SHORT-IF, in cases the pre-signals
are not confirmed. Traders are urged to keep their long
positions as long as the HOLD
tag stays.
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WAIT
comes after a SHORT CONFIRMED
and stays until the next confirmed signal. It may also
come after a LONG-IF
or SHORT-IF, in cases the pre-signals
are not confirmed. Traders are urged to keep their cash
or short positions as long as the WAIT
tag stays.
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A transparent
history of confirmed signals is given for each commodity
futures. Wherever applicable the history is given for
the last two years. The success and failure of the signals
are clearly shown with checks and cross signs. Moreover,
traders can also see the total percentage gain/loss
in two years, if the trades were made in the direction
of the signals.
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Indices and stocks are rated according to their conformance to our signal system. Five stars is the highest rating. Even if a stock is not rated it may still give satisfactory results with our signal system. A stock with higher rating (stars) has a more successful signal history and is expected to give better results.
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There
is no fundamental analysis in this site. You won't also
find news, experts, commentaries, rumors and gossips
here, which are conducive to manipulation and wrong
interpretation. Our aim was to create a truly objective
system for the signals produced, daily commentaries
and candlestick pattern recognition. True objectivity
means there is no any human interference at all (including
even us). So our system prevents the interference of
human emotions such as greed, fear, sympathy, hate,
panic, etc with the trading decisions.
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Using This Site
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Home Page
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This
is the introduction page. The main item on the Home
Page is the table of suggested commodities. From each
group 4 commodities are recommended corresponding to
the LONG CONFIRMED,
LONG-IF, SHORT-IF
and SHORT CONFIRMED signals
(from top to bottom) respectively.
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Indices
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Click
on the "Indices" button on the top menu in order to
see all the indices in one list. Then click on the ticker
of the index you are interested in to find out the signal,
daily commentary, candlestick pattern and the statistical
stock data.
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Markets
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You may
reach to the pages of seven group of commodities in
North America and U.K. by using the top menu. You will
be able to see all of the commodities of each group
by clicking on the menu buttons. Click on the ticker
of the commodity to see the signals, daily commentary,
candlestick patterns and the statistical data.
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Search Box
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The search
box is a very effective tool of our site. It allows
you to directly reach any one of the 250 commodity futures
simply by typing the ticker in the search box and then
clicking on the "GO" button.
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Disclaimer |
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The opinions provided herein are
intended to inform. They come with no warranty of any kind. If you
should choose to interpret CommodityBulls.com information as investment
advice, you do so at your own risk. Investing can be a very dangerous
venture and it is you who must assume the entire cost and risk involved
in all of your investment decisions, should you choose to follow
this advice or use this information. CommodityBulls.com staff, members
of the staff's families, and/or entities with which they are affiliated,
may from time to time, buy, sell or hold commodity futures in and have other
financial dealings with the companies that appear on the CommodityBulls.com
web site, mailings, or publications. The information contained on
the CommodityBulls.com web site, mailings, and publications is drawn
from sources believed to be factual and reliable, but in no way
does CommodityBulls.com represent or guarantee the accuracy or completeness
thereof, nor in providing it, does CommodityBulls.com assume any
liability. This information is given as of the date appearing on
the CommodityBulls.com web site report or mailing, and CommodityBulls.com
assumes no obligation to update the information or advice on further
developments relating to any named commodities. The information found
on the CommodityBulls.com web site, mailings, or publications is
protected by the copyright laws of the United States and may not
be copied, or reproduced in any way without the expressed, written
consent of the editors.
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