CME
PreciousMetals- JapanPrecious
MetalsAnalysis- JapanAnthony Cohen
Application Specialist, CQG

Anthony Cohen© 2023 CQG, Inc. All rights reserved.

Application Specialist, CQG

INTRODUCTION© 2023 CQG, Inc. All rights reserved.

• Spreads• Technical Analysis• Backtesting• Automated Trading

Disclaimer
Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer
educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment
decisions or to consult with a registered investment advisor.
CQG®, DOMTrader®, SnapTrader®, TFlow®, TFOBV®, TFOBVO®, TFVOL®, and Data Factory™ are trademarks of CQG, Inc.

© 2023 CQG, Inc. All rights reserved.

SPREADS© 2023 CQG, Inc. All rights reserved.

• Gold vs Silver• Gold - Globex vs OSE• Platinum - Globex vs OSE• Silver - Globex vs OSE

GOLD/SILVER© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

TECHNICALANALYSIS© 2023 CQG, Inc. All rights reserved.

• Long term
• Short term
• Trend Following• Volume based

TECHNICALANALYSIS© 2023 CQG, Inc. All rights reserved.

• Long term
• Short term
• Trend Following• Volume based

17371303362© 2023 CQG, Inc. All rights reserved.

22.26

16.6954.77© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

2970

1134756© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

TECHNICALANALYSIS© 2023 CQG, Inc. All rights reserved.

• Long term
• Short term
• Trend Following• Volume basedAggressive Selling
At Market

Large
Quantity
BuyersIcerberg Buy orderdetected @ 2012.4© 2023 CQG, Inc. All rights reserved.

© 2023 CQG, Inc. All rights reserved.

TECHNICALANALYSIS© 2023 CQG, Inc. All rights reserved.

• Long term
• Short term
• Trend Following• Volume based© 2023 CQG, Inc. All rights reserved.

TECHNICALANALYSIS© 2023 CQG, Inc. All rights reserved.

• Long term
• Short term
• Trend Following• Volume based© 2023 CQG, Inc. All rights reserved.

BACKTESTING© 2023 CQG, Inc. All rights reserved.

• Candlestick Formations

BACKTESTING© 2023 CQG, Inc. All rights reserved.

1-bar formations:• Hammer (HR)•Hanging Man (HM)•Inverted Hammer (IH)•
Shooting Star (SS)© 2023 CQG, Inc. All rights reserved.

2-bar formations:• Engulfing Bearish (EG)•Engulfing Bullish (EG)
•Dark Cloud (DC)•
Double Doji (DD?)•Harami Bearish (HI)• Harami Bullish (HI)•Piercing Line (PL)3-bar formations:•
Morning Star (MS)• Morning Doji Star (MDS)•
Evening Star (ES)•Evening Doji Star (EDS)CME Precious Metals - Japan

Anthony Cohen
Application Specialist, CQG© 2023 CQG, Inc. All rights reserved.

Number of trades is a key statistic
as the larger the occurrence, themore reliable the result. A winningrate of 60% based on 100 trades isextremely easy to achieve, however
over 100 trades it is a lot morechallenging.

CME Precious Metals - Japan

Anthony Cohen
Application Specialist, CQG© 2023 CQG, Inc. All rights reserved.

Average Profit = Total Profit/Number of trades

Often ignored, it demonstrates the sensitivity of asystem for slippage. If each trade returns less than 1
tick’s worth of profit, the system is going to beguaranteed to lose money when turned on in thereal market as you can never expect a system to
execute at the same price as your backtestedresults.

CME Precious Metals - Japan

Anthony Cohen
Application Specialist, CQG© 2023 CQG, Inc. All rights reserved.

Profit Loss Ratio= Total Profit/Total Losses

A very simple statistic but that can straight awayshow you whether the system is worth looking into abit deeper or spend a bit more time perfectioning.
Anything below 2 (meaning that your winners makeoverall twice as much as what your losers lose) is
usually not worth pursuing.

CME Precious Metals - Japan

Anthony Cohen
Application Specialist, CQG© 2023 CQG, Inc. All rights reserved.

Remove To Neutral shows the percentage of thewinning trades that you need to remove from yourresults to turn a profitable system to zero. Thismeans that you can have a highly profitable systemthat made 1000 trades, however if 10 of thesetrades are very large winners and that without themthe system loses money, your system is not worth
trading.

CME Precious Metals - Japan

Anthony Cohen
Application Specialist, CQG© 2023 CQG, Inc. All rights reserved.

AUTOMATED
TRADING© 2023 CQG, Inc. All rights reserved.

• Indicator-based

CME Precious Metals - JapanAnthony Cohen
Application Specialist, CQG© 2023 CQG, Inc. All rights reserved.

Disclaimer
Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer
educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment
decisions or to consult with a registered investment advisor.
CQG®, DOMTrader®, SnapTrader®, TFlow®, TFOBV®, TFOBVO®, TFVOL®, and Data Factory™ are trademarks of CQG, Inc.

© 2023 CQG, Inc. All rights reserved.