Search found 7 matches

by SMKJ
Mon Jul 05, 2004 12:26 am
Forum: Trend Indicators and Signals
Topic: how important is intraday volume data?
Replies: 5
Views: 4848

Usually the same

I personally don't find intraday volume that helpful....

B/c volume always appear at the same time

a) When the market opens
b) After lunch....

Sometimes there are major annoucements at 10:30, so there will be volume there...

but yeah... Usually..it's not that helpful
by SMKJ
Tue Jun 29, 2004 5:43 pm
Forum: Forex
Topic: Anyone Trading Oanda?
Replies: 25
Views: 32746

Solution

I trade Forex using Refco as my broker... here are a couple solutions I would like to offer a) Lengthen your time frame with wider stops -If you trade on a longer time frame with wider stops, it's less likely that you will be right about the direction of the trade but still loss money b/c you stops ...
by SMKJ
Fri Jun 18, 2004 1:56 pm
Forum: Stocks
Topic: Is there a place for fundamentals in trend trading?
Replies: 16
Views: 18628

Fundamentals

I personally trade currency, not stocks..but these rules should also apply Using Fundamentals as a Secondary Indicator 1) Reaction to fundamental news If the trend is going one way, and fundamental news comes out that seem to contradict the trend. However, the trend remains unbroken and just shakes ...
by SMKJ
Thu Jun 10, 2004 5:04 pm
Forum: Forex
Topic: Mechanical FX Systems
Replies: 10
Views: 13474

Mechanical System and Options

I use a purely mechanical systems that generates all my signals..and yes.. they work for the forex market. However, you should still backtest the data yourself to gain more confidence in your system. As for option, I also do trade Forex options, mostly straddles in anticipation of big price moves. (...
by SMKJ
Thu Jun 10, 2004 5:02 pm
Forum: Forex
Topic: FOREX vrs. Stocks
Replies: 13
Views: 17128

To answer your 4 questions

1. I use Refco, as you know they are one of the biggest clearing house and broker of financial futures and derivatives etc. So..very reputable www.refcofx.com Their spreads are tight, and has guaranteed quotes for order up to $10 mil. 2. For MA cross over... you might consider back testing with hist...
by SMKJ
Thu Jun 10, 2004 4:54 pm
Forum: Trend Indicators and Signals
Topic: FX Markets and signals
Replies: 4
Views: 7223

Let me help you out...

I have been trading FX crosses for a while now.. let me give you a hint... Day charts are significant, b/c it signals a break in the trading.. where traders get to go home... think about their trades and formulate new ideas, which they implement eagerly the next day at the opening. This is why there...
by SMKJ
Mon Jun 07, 2004 1:10 pm
Forum: Forex
Topic: Electronic Spot Forex Markets
Replies: 14
Views: 13946

Go with Refco

Refco, the largest North American futures clearing house also has a Forex trading operation called Refcofx. The website is www.refcofx.com I personally trade with RefcoFX and it has been great. The spread is tight and liquidity and execution are both fantastic. In fact, Refco has guaranteed quotes w...