691 Index Generic trading systems: breakouts (see Breakout systems) moving averages and, 237–243 Gold: fundamental analysis and, 347, 371 futures (see Gold futures) intramarket stock index spreads and, 461 market response analysis and, 410 prices, 284 seasonal index and, 400 spot, buying, 555 Gold futures: buying, 555 volume shift in, 10 Gold/silver spread, 454 Good-till-canceled (GTC) orders. See GTC orders Government regulations, potential impact of, 415 Government reports, unexpected developments and, 420 GPR (gain-to-pain ratio), 328–329 Grain prices, 351 Great Recession, 423 Gresham’s law of money, 312 Grinder, John, 586 Gross domestic product (GDP): deflator, 383 independent variables and, 677 GTC orders: about, 16 order placement and, 568 stop-loss points and, 183, 188 trade exit and, 569 Hard work, skill versus, 576–577 Head and shoulders: about, 138–141 failed top pattern, 227–229 Heating oil: alternative approach, 396–397 average percentage method, 391, 392–394, 398 link relative method, 394–396, 398 Hedge, definition of, 517 Hedge ratio, neutral (delta), 484–485 Hedging, 11–13 applications, 554–555 buy hedge, 12–13 Fundamental analysis: about, 16 analogous season method, 374 balance table, 373–374 danger in using, 417 discounting and, 428–430 expectations, role of, 379–381 fallacies. see Fallacies forecasting model, building, 413–415 gold market and, 371 index models, 376–377 inflation, incorporation of, 383–388 long-term implications versus short-term response, 432–435 market response analysis (see Market response analysis) money management and, 426–427 “old hand” approach, 373 pitfalls in, 418–426 reasons to use, 427–428 regression analysis, 374–375 seasonal analysis and, 389–401 spread trades and, 449 supply-demand analysis, 359–371 technical analysis and, 21–24, 417–418, 426–427 trading and, 417–435 types of, 373–377 FundSeeder.com, 343 Futures markets, nature of, 3–4 Futures price series selection, 279–288 actual contract series, 279–280 comparing the series, 285–287 constant-forward (“perpetual”) series, 281–282 continuous (spread-adjusted) price series, 282–285 nearest futures, 280 Gain(s): expected, 550, 551 maximization of, 583 Gain-to-pain ratio (GPR), 328–329 Gardner, John, 314 GDP . See Gross domestic product (GDP) General rule, spreads, 443–445 about, 443 applicability and nonapplicability, 443–444 commodities bearing little or no relationship to, 444–445 commodities conforming to inverse of, 444