Recent content by Dai

Level 2 Nas, I could not agree more with your observations regarding Level 2 trading, this was written for what I consider is the majority of people here who are just using a spread firm, I think fins being the most widely used! Dai

Part 3 (Final part ) News Is that any good? … If you are technician then by definition you ignore the news. This does not mean news has no effect on the chart. Any fool knows it has. It just that most news leaks to the chart and chart see it coming. On the release of news the chart spikes...

Part 2 Conversely if you was a swing trader and wished to keep for few days START WITH YOUR WEEKLY CHART as a back up and then look at the DAILY chart. In another word make sure the stock is oversold in weekly and daily… you need to check both time frames. This is your safe bet.. Now the...

The Whole purpose of this lecture is to explain the role of technical analysis in trading , its effectiveness and its limitation. Most of the concepts in here are well researched and I only point at them and will not expand as one does not really have to know loads of abstract stuff to beat the...

UK Stocks VWAP The platform provides live VWAP for UK stocks as well as US stocks, though you find the differential between bid / Vwap is not as great for UK stocks as for US stocks, particularly Nas stocks. Dai

Re: More on VWAP Morris, I find that this setup is far more effective on Nasdaq stocks than on UK stocks as the Bid / VWAP differential is much greater and the market moves faster. Dai

VWAP The Columns in the table are as follows, from left to right:- TICKER PRICE BID ASK VWAP ACTION (Buy/Sell) You can have these arranged so the stronges Buy or Sell is at the top of the list ranked downwards in order. Off course in real time the order of the tickers changes every minute...

IRD_EXCEL Sharky, You will not get the live updating figrues unlwss you subscribe. Dai

So in the light of the chart of the 10th Oct, are you suggesting to long it? It's now on my watch list anyway! Just not clear what you anticipate. David