Search found 254 matches

by Kiwi
Tue Sep 28, 2004 12:04 am
Forum: Forex
Topic: Using USDX or other pairs to Confirm an Entry
Replies: 0
Views: 3947

Using USDX or other pairs to Confirm an Entry

This is something I posted in a forum of (semi?)discretionary traders and I thought it might be interesting to discuss in a forum of mechanical traders. Let me propose an idea for discussion. This is not so much a high probability setup as a proposal to simplify your trading and perhaps reduce your ...
by Kiwi
Wed Jul 07, 2004 10:53 am
Forum: Trend Indicators and Signals
Topic: Available Software
Replies: 8
Views: 7116

Yes, that was a bit patronizing and retrospectively impolite but you still don't seem to get it. You have to do the work to get the answers. The answer to your second question was in my first response. and of course the Turtle Trading Software. John if you carry on with your current lack of effort ...
by Kiwi
Wed Jul 07, 2004 3:05 am
Forum: Trend Indicators and Signals
Topic: Available Software
Replies: 8
Views: 7116

That is a staggeringly broad question and my initial thoughts were to ignore it. My second thoughts were that it was a very lazy question and that you had not read very much of the material on this site. I then got a bit more generous and thought that maybe you had been stunned by the amount of mate...
by Kiwi
Tue Jul 06, 2004 6:34 pm
Forum: Brokers
Topic: European alternative to Interactive Brokers?
Replies: 14
Views: 10073

You are right. It is about attitude and also about culture. I presume you are not german. We did a bit of market research on how people should be handled when phoning for technical support and found that (with our segmentation) there were three groups. Residential customers wanted friendly service w...
by Kiwi
Tue Jul 06, 2004 9:31 am
Forum: Brokers
Topic: European alternative to Interactive Brokers?
Replies: 14
Views: 10073

IB is european based too (Swiss server) fyi. And they with the tools available are a great broker.

But not great at holding hands if you need that.
by Kiwi
Mon Jul 05, 2004 2:09 am
Forum: Trend Indicators and Signals
Topic: how important is intraday volume data?
Replies: 5
Views: 4848

Save yourself a heap of money and drop esignal NOW!! Sierrachart attached to an IB feed will give you everything you need for .... $7 per month if you trade with IB .... or the near rip off price of $17 per month if you don't pay IB commissions. And HSI or Oz is free (check the uplift from esignal f...
by Kiwi
Fri Jul 02, 2004 9:52 pm
Forum: Trader Psychology
Topic: dealing with whipsaws
Replies: 14
Views: 18095

Excellent post Leonardo. Very valuable lessons.
by Kiwi
Wed Jun 30, 2004 10:47 pm
Forum: Testing and Simulation
Topic: Further thoughts on Backtesting
Replies: 19
Views: 11827

Ok ... perhaps I should try and give my opinion on Chris's question. I personally have taken the approach of dividing the market time up into segments. I take Damians point and like to have segments that represent different market conditions. If I was really serious about this (I am not now as I tra...
by Kiwi
Wed Jun 30, 2004 8:50 pm
Forum: Testing and Simulation
Topic: Further thoughts on Backtesting
Replies: 19
Views: 11827

Heck Damian, I do have difficulty understanding some of your posts. This may be caused by a shortening of my attention span as I apply discretionary trading to shorter and shorter term markets. I am now paper trading Hang Seng using 13 tick bars -- which take about 20 seconds to complete. If system ...
by Kiwi
Tue Jun 22, 2004 12:06 am
Forum: Trend Indicators and Signals
Topic: Trailing stop question - dual EMA or % loss?
Replies: 5
Views: 5247

Many things become less effective over time. But rather than throwing the baby out with the bathwater why not try a minor modification. 1) Don't use 7%, find a slightly larger number. 2) If they fail reliably put your buy in at -4% and then use 7% 3) Half and half. Buy half on breakout with a 10% st...
by Kiwi
Thu Jun 03, 2004 4:47 am
Forum: Testing and Simulation
Topic: Support / Resistance after rollovers
Replies: 3
Views: 3127

If it was ES I would be looking for resistance on the current contract but if it was a long way back then I would look at the cash to decide where the resistance was rather than the futures contract. Similarly with currencies. I was thinking more of commodities like corn, wheat, cattle etc but I thi...
by Kiwi
Thu Jun 03, 2004 2:18 am
Forum: Testing and Simulation
Topic: Support / Resistance after rollovers
Replies: 3
Views: 3127

It appears that most support and resistance traders use the current contract as the basis for their work. My trading partner and I take a slightly different approach which is to run a spliced (non adjusted) contract for everything we trade so that we can spot similar issues and longer term trends wi...
by Kiwi
Tue Jun 01, 2004 8:13 pm
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 54934

NeueZiel, And as always the good stuff is available free with assistance from this site :lol: Damian, Good set of observations. The hardest thing I have done is step down from daily (easy) to half hourly (pretty easy) to 13 tick where the bar can complete in 15 seconds. This last one has tested me t...
by Kiwi
Tue Jun 01, 2004 4:48 am
Forum: Trader Psychology
Topic: Are You Suited to Trend Following
Replies: 42
Views: 54934

Are You Suited to Trend Following

Personality and Trend-Following by Brett N. Steenbarger, Ph.D.

Low on N, Low on O and High on C = 3 out of 3.

Take the test to understand the results 8)


PS. I was 2/3 ... too high on O
by Kiwi
Tue Jun 01, 2004 4:21 am
Forum: Testing and Simulation
Topic: Which Crude month(s) to trade.
Replies: 2
Views: 2642

Try the financials rollover months as well. March, June, Sept, December.
by Kiwi
Wed May 12, 2004 12:38 am
Forum: Money Management
Topic: Thoughts on entry price, and open vs closed equity
Replies: 9
Views: 7914

LOL leonardo. I would agree but for a different reason. Its the amount my wife considers to be ours .... and she hates it when I give it back. More seriously though 1) you could stop trading at that point and keep it so it is yours 2) thinking of it as the markets money can lead to an overly relaxed...
by Kiwi
Thu May 06, 2004 6:54 pm
Forum: Money Management
Topic: Ryan Jones' Money Management
Replies: 33
Views: 36367

Mike, Even though Van apparently supported the "high risk small/early account" strategy, high bet size still equals high risk . Such models seem to be a great way for new entrants to join the futures market losers. This makes me wonder about his testing if he was surprised by how well it worked. Van...
by Kiwi
Wed May 05, 2004 6:30 pm
Forum: Money Management
Topic: Ryan Jones' Money Management
Replies: 33
Views: 36367

Borrowed from a posting at Elite by 50 cent

Ryan Jones - the final frontier in snakeoil!! I just received this email from www.smarttrading.com, signed by Ryan Jones. He has a unique offer - he doesn't even want to teach me to trade, he takes the next step to directly teach me how to be a GURU!! Check it out, oh and notice he tells me that "yo...
by Kiwi
Fri Apr 30, 2004 6:13 pm
Forum: Testing and Simulation
Topic: Journey to turn the worst system into the best one!
Replies: 12
Views: 8920

Jake, Do you really believe that brokers and day traders spend their time figuring out system signals and fading them? I doubt that any system other than aberration and the X day breakout (just looking for a double top really) attracts this type of attention and even in these cases the entry is day ...
by Kiwi
Wed Apr 28, 2004 3:32 am
Forum: Forex
Topic: Anyone Trading Oanda?
Replies: 25
Views: 32744

Frank,

Open an oanda trial account as well. Of all of them it tracks the futures movements most closely.

I have a gft account now but am still trading futures. I understand that IB will be offering a "good" cash option as well so am waiting to see what that is as well.

John