Spotforex NY 17:35 GMT December 19, 2005
TK....I think the best approach is a combination of instruments...patterns and studies.....studies tend to be more concrete in terms of 'flashing a signal'...while chart patterns show visually what one may think...
There is no one method that will provide a 'magic answer'....
however whether you use chart, studies, data events to enter/exit trades is all about risk management, since that is the tool to keep one in the game until their precise method falls into favor......
DAK TK 17:06 GMT December 19, 2005
Subject: Rangey mkt vs. trending mkt
Farnham and Spotforex. Thanks vm for the answers. Appreciate it. Do you use some kind of indicators,such as MA, MACD, RSI, Stochs etc.? Do these need be way in the overbought/oversold areas for the mkt to be called trending? And if these are in the mid range, then can we say that the mkt is ranging? TIA
Farnham SFH 16:35 GMT December 19, 2005
Not at all a stupid question...very important... and without rambling on all I can say is that in order to spot a trend formation is what brings in big profits and is very difficult without 20/20 hindsight vision..
Mtl JP 15:43 GMT December 19, 2005
Boston 23:16 / you need to study and get familiar with the concept and mechanics of "short", be it in equities or on the spot market. You ll probably note that the "shorters" (sometimes condescendingly and oxymorinicaly refered to as "short sellers") are definetely an unwelcome crowd in equities markets. Unlike on FX market where everyone who is a buyer of something is necessarily a seller of something else. Every time they take on a trade transaction.
Spotforex NY 13:29 GMT December 19, 2005
Subject: type of market
DAK TK 09:24 GMT
Not a 'stupid question'...but perhaps the most important one to ask......
all sorts of tools/patterns out there to confirm trends, end of trends......but hindsight is the best analysis......
It is the question that margin calls are based upon.......
DAK TK 09:24 GMT December 19, 2005
Subject: DAK TK 06:30 GMT December 18, 2005
Was that a really stupid question? Since the rules are different when the Mkt is ranging vs. when the mkt is trending, I thought it was a fair question. Anyone with any clues will be highly appreciated. TIA
ICT ML 04:55 GMT December 19, 2005
SS.....this is one area that I don't wish to go farther in GV forums. There are many and I do not have experience with any of them in that capacity so will just tell you that Jay would be a good guy to ask. Just re,member what JF said......make sure they are NFA and CFTC regulated. If you visit enough brokers sites you will stumble accross it, often called "Facilitated Trading" etc.........
good luck with it and let us know how it works out.
los angeles ss 04:33 GMT December 19, 2005
Subject: Managed Accounts
ML, would appreciate any leads from you as well. As Jay to send me your email address and I'll drop you a line also. Thanks.
los angeles ss 04:32 GMT December 19, 2005
Thanks all for your comments re: managed accounts trading your own plan. Appreciate your input or any future suggestions, still searching. DP, be glad to correspond with you. Give your email address to Jay and he can forward it to me and I'll drop you a line (I need your email address to allow it in through my anti-spam program). Thanks again all.
dc fxq 02:02 GMT December 19, 2005
Boston 23:16 GMT