Discussing the article: "Gain An Edge Over Any Market (Part IV): CBOE Euro And Gold Volatility Indexes"

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Check out the new article: Gain An Edge Over Any Market (Part IV): CBOE Euro And Gold Volatility Indexes.

We will analyze alternative data curated by the Chicago Board Of Options Exchange (CBOE) to improve the accuracy of our deep neural networks when forecasting the XAUEUR symbol.

We will analyze the XAUEUR market. The symbol tracks the price of gold in Euros. Gold is mined on every continent on Earth, except Antarctica. A significant proportion of the world’s gold is traded by the London Bullion Market Association (LBMA) to set a globally recognized benchmark for the price of gold. The Chicago Board of Options Exchange (CBOE) is an American company that provides global market infrastructure. CBOE employ their networks to create volatility indexes tracking major markets around the world. We will analyze 2 of the CBOE’s volatility indexes that track the Euro and gold markets, respectively.


Over the years,  traders have realized various strategies to successfully trade volatile markets, while minimizing risk. Generally, when markets are volatile, traders stand to realize profit targets possibly in relatively short periods of time. On the other hand, it is also possible to lose significant amounts of capital rapidly, due to large gaps in price levels that may not trigger stop loss orders in a timely fashion.



Author: Gamuchirai Zororo Ndawana

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