Recent content by CZON

Trading or Gambling what does it matter? My friends all life is a gamble, we are insignificant actors put on a stage signifying nothing! If you don't want to gamble just don't walk out of the street to cross the road tomorrw to buy you groceries! Trading is a gambling activity, but then so is...

All trading is based on making intelligent choices on high probability winning trades. Therefore any technique that aids such a decision is bound to be useful rather than throwing darts in the air. The author's technique is one fo the few soild quantitative tools I have come across and I...

oil up, $ up, stocks up, bonds up - something doesnt add up Euro$ is down and so is Gold, trust the French to screw it up and the Dutch too. Back to 10510 as support after all the hype and Peterp may well be seeing his bear run! :confused:

Well everybody, see what I mean about fundamentals. Less than 10 mins before close today, some wierd news, probably due to Sky rocketing Oil futures has caused our beloved DOW to plummet 50 points! Bramble, it almost broke your 10450. And who could have predicted that?! I'll am prepared to...

Totally in agreement, thats why I only do SB intraday cash quotes and keep a close eye on their pips vs the market pips and I only use market level stops. I also don't hold overnight positions at all. I won't be doing this game long as I intend to follow suit and use IB and return to margin...

[ There's another problem too: Trading timeframe - and it crops up everywhere. My trading is focused strictly intra-day so any comments I make about longer timeframes are intended only to 'set the scene' so to speak for the current or coming session. For example, I regard 15 -30 points in the...

Vacillating for the last few hours between 10480 and 10500, hmmm any hints guys?. BTW I agree with your comments about SB firms, I have to part with some moeny to learn from experience. Can you recommend some real DOW index proper trading firms, or its futures?

What instrument are you trading? On spread betting daily cash, the closing price is as of 1600 market close. Incidentally does anybody have a better deal than spread betters in the UK? They are market makers and I have been ripped off L-R and C by them sharks.

Where can I find this VIX index, is it available on real time/

Sandra: - When can you get a real time future's chart?

Thank you gentlemen, I have been following the thread and I could make a few minor points. One must also look at the intraday movements and the fundamentals behind any alleged breakout. Just the other day last week, it could have been a bearish day if not for some hype about the Chinese Yuan...

Great and concise, very useful for reference. Perhaps a few more tips on volatility measure could be useful. A plot of volatility vs time can give much insight.

Good basic article and worth framing it up to remind myself daily