Guar gum
Posted: Sat Sep 08, 2012 1:51 am
Maybe I should move to India...
A forum for mechanical system traders.
https://www.tradingblox.com/forum/
no need....Its trading has been bannedLeviF wrote:Maybe I should move to India...
Well...trackstar wrote:Wow, how nice it would be to have an asset trending like that....
as price goes up, volume goes down -- not healthy.Chuck B wrote:...notice anything a bit bizarre about this chart?
Tulips!Chuck B wrote: By the way...notice anything a bit bizarre about this chart?
Chuck B wrote:Well...trackstar wrote:Wow, how nice it would be to have an asset trending like that....
By the way...notice anything a bit bizarre about this chart?
For the most part, I did too...not really avoid but not pay great attention to I would say. Thanks to being Corzined, my focus changed dramatically, and I'm actually thankful for that. There are so many more opportunities, and many equity options markets are pretty darn liquid. I've not traded a futures contract since last October after more than 20 years of futures market activity. I don't miss it and am actually glad I've not experienced some of the ridiculous, illiquid, wicking action in stuff like the Dax over the past year. With central banks manipulating the financial world like no one ever thought possible in even the remotest dream, these (financials, stock index, metals, and energy market futures) things are a mess these days...living on a prayer.trackstar wrote:Stop picking tops and dance till the music stops!
Thanks for the appl tip Chuck, but I avoid stocks....
Equities provide no safeguard against CB intervention. Has not the BOJ openly purchased securities? Many claim the Fed and UST have done so "covertly", presumably many other CBs have as well. There's only so long they can intervene in the same markets until they have to start broadening out to other ones; look at the PBOC's expansion into currencies like AUD, NZD, etc... or the SNB's into SEK and NOK.Chuck B wrote:With central banks manipulating the financial world like no one ever thought possible in even the remotest dream, these (financials, stock index, metals, and energy market futures) things are a mess these days...living on a prayer.
That wasn't my thought process. I've found more diversification and better trading opportunities in equities (i.e. trading things like OCZ and FDX announcements last week using my short term system) while the indexes have collapsed into extremely low volume, illiquid wicks and very poor (based on my systems) trading opportunity during these low and declining volume uptrends where intraday volatility falls to incredibly small levels (i.e. oftentimes the 3min bar, 50 bar ATR is in the range of a bit over two ticks and often under 3 ticks -- such crap is worthless to me as a trader). Opening up my vision to seriously consider equities and equity options more actively has been a great opportunity since I want to go where the action exists as opposed to watching paint dry before getting shellacked with a 18ATR (3min bar) wick in an index future.Aaron01 wrote:Equities provide no safeguard against CB intervention.Chuck B wrote:With central banks manipulating the financial world like no one ever thought possible in even the remotest dream, these (financials, stock index, metals, and energy market futures) things are a mess these days...living on a prayer.