Trading Indicators » quot

Which brokerage firm provides intraday charts with streaming data?

admin — Wed, 24 Nov 2010 00:01:35 +0000

For people who ACTUALLY do intraday trading… NO SPAMMING of "me too" or "I dono" statements PLEASE!!.

Would any of you traders out there know of any sound brokerage firms which are located in Singapore or Canada which provide live and streaming intraday charts accompanied with live and streaming data – such as Average True Range, Volume, Candlesticks (which can be tuned to ex. 5min/candle)?

Cheers.

PS
I need data or technical indicators to stream together with concurrent moving stock price..

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about Technical Trading Indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

This question was about Technical Trading Indicators and there have been some pretty good answers that should help in your trading, and especially in relation to Technical Trading Indicators, the answer has been posted in the categories listed below:

PLEASE SUMMARIZE!!! hw help?

admin — Tue, 14 Sep 2010 05:47:44 +0000

Please summarize this is 2 paragraphs!! im having difficulty and its late in america. 1:30 a.m. and i have school 2morrow!! HELP!
ASHINGTON (MarketWatch) — Pending home sales in July rose 5.2% from downwardly revised June levels, the National Association of Realtors reported Thursday, though the indicator shows the market for existing homes is still depressed after the expiration of a key tax benefit.

As the availability of a home buyer tax credit worth as much as ,000 expired at the end of April, the pending home sales index plunged 29.9% in May and another 2.8% in June. The NAR had initially reported a 2.6% drop for June.

The July index came in better than the 1% monthly drop that economists had forecast, though sales in July were nonetheless 19.1% below those during the same month in 2009.

The data reflects contracts and not closings, which normally occur with a lag time of one or two months. The NAR index is based on a large national sample, typically representing about 20% of transactions for existing-home sales.

The May plunge in pending home sales hinted at the 27.2% plunge in existing-home sales reported in July.

"Home sales will remain soft in the months ahead, but improved affordability conditions should help with a recovery," said Lawerence Yun, chief economist for the trade group.

"For those who bought at or near the peak several years ago, particularly in markets experiencing big bubbles, it may take over a decade to fully recover lost equity."

Though the pending-home-sales index isn’t always a reliable indicator of future existing home sales, the report is consistent with a rebound from July’s record low of 3.83 million to around 4.4 million in August, according to Paul Dales, U.S. economist at Capital Economics.

"That would be a spectacular 15% month-on-month jump, but it would not even reverse the falls seen after the expiry of the tax credit and would leave sales at levels not sustained since 1997."

About half of all households have less than 20% equity in their home, meaning they won’t be able to get another mortgage, he said. Pointing to the 4.43% 30-year mortgage rate, he said even the housing bargain of a lifetime is not enough to bring the market back to life.

Steve Goldstein is MarketWatch’s Washington bureau chief. oh well i guess ill jux do my own hw…

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about futures trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

This question was about futures trading indicators and there have been some pretty good answers that should help in your trading, and especially in relation to futures trading indicators, the answer has been posted in the categories listed below:

Linear Regression Indicator: Calculation in Microsoft Excel?

admin — Wed, 02 Jun 2010 03:08:27 +0000

The Linear Regression Indicator (LRI) is a stock market indicator. It’s value each day is the same as a Linear Regression Trendline (LRT). The LRI is calculated using the "least squares method." I would like to know the formula to calculate the LRI in Microsoft Excel if you could assist me.

I am uncertain how my stock charting package calculates this value, but here are some clues. For the SPY, which generally tracks the value of the S&P 500 stock index, the LRI values at the end of the trading day today were LRI(1 day)=0; LRI(2 day)=128.42; LRI(3day)=128.51. The value for LRI(2 day) is simply the closing price of the SPY for today, which was 128.42. I’m really interested in how they calculate LRI(3day), and am seeking an explanation as to why LRI(1) is 0 and LRI(2) is today’s closing price.

I’m not sure whether they use the Open, High, Low and Close for each day, or just the Close or some combo. Here are those values for the last few days: (See Additional Details)
8/3: Open=127.33; High=128.55; Low=127.15; Close=128.42. 8/2: Open=127.58; High=128.46; Low=127.55; Close=128.08. 8/1: Open=127.34; High=127.38; Low=126.63; Close=127.22. 7/31: Open=127.66; High=127.96; Low=127.46; Close=127.85.

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about day trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

This question was about day trading indicators and there have been some pretty good answers that should help in your trading, and especially in relation to day trading indicators, the answer has been posted in the categories listed below:

I am interested in day trading will you tell me if my ideas are realistic?

admin — Mon, 31 May 2010 00:12:12 +0000

Thanks for looking. I am 25 in college for mechanical engineering and also working. I am interested in day trading one day. I hear that people will borrow for their trades leverage I believe, first thing……..I would never gamble loaned money. But I have used freestockcharts.com which provides a live feed of stocks and has many useful indicators. I have used it maybe 10 days where I just sat and paper traded. I profited all but 1. Averaging about 5-6% profit daily. I don’t konw if thats much…….I like technical analysis as my main tool.

I just feel like if I saved up 50,000, I could try and get started. If I were to continue to paper trade and continue to profit daily,

I could make 3 1% trades a with day 10000 for each. walk out with 300 and invest it the next day. If i continued I would be making profit off of profit in no time. It would be compounding interest at 3% daily. with a few bad days i am sure

It sounds to good to be true and I’m sure it is….I just don’t see how I wouldn’t be able to do that. Also what do you think of the site Im using…Is it even legit as far as the "live" charts

Info on ICE Natural Gas Quotes (Streaming)?

admin — Sun, 23 May 2010 05:29:35 +0000

If anyone trades natural gas futures on ICE, could you please tell me what the small "s" in the red or green (buy or sell) indicator squares represents?

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about futures trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

Linear Regression Indicator: How do I Calculate in Microsoft Excel?

admin — Wed, 21 Apr 2010 17:27:50 +0000

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

Day trading SPY options: How can I do this better? (Long question)?

admin — Tue, 06 Apr 2010 17:26:44 +0000

(Note: I have real money experience with options going back to 2000, first covered calls in my IRA and then long calls in my cash account though no day trading experience with real money. I have the 25K to park in an account to satisfy the pattern day trader rules and another 10K to make the actual contract purchases.)

I have a job that allows me to keep an eye on the real time stock market. Starting in January I started playing with the Virtual Trading engine at OptionXpress, daytrading options on SPY. My strategy is rather modest; I buy 5-10 ITM contracts, either put or call depending on market direction, and sell when I see the trend reverse. I chose 10 contracts because I believe that with an order size that small, if I submit a sell order at the bid it should fill immediately unless the market is moving very fast allowing me to lock in a profit if the trend reverses. I open one position at a time, I never leave my desk with an open position and I am 100% cash at market close every day. I use SPY because being a basket of 500 stocks it is buffered from sudden drastic moves in price giving me time to get out of a position with minimal loss if the price goes the wrong way on me. My immediate goal is 0 after commissions per round trip, a target that requires only a {content}.15 move in option price. I don’t always guess right on direction, 4 out of 5 is typical, and I am netting between 0 and 0 a day on 6-7 round trips. My 00 initial play money stake has grown to about ,000 since 1/19 when I started doing this seriously. I won’t get rich doing this but over the course of a year that is an extra person’s worth of income for my family. If it lets me do nothing more than pay off my house and fund future college for my 3 kids it is worth it.

Now that I have proven to myself that this seems to be a reasonable strategy I am trying to understand what I can do better and am now in the area of "I don’t know what I don’t know." I know about Level 2 quotes but if these are something that can help me I am not clear how to use them. I know that there are all sorts of indicators that technical traders use but I don’t know if these scale down to the day trading level. I know about the existence of the Greeks, and while I understand roughly what the numbers and equations mean, I don’t know if these will help me on positions lasting 15 minutes or less.

My main interest in posting this question is to find out if there are tools I can use to help me make better choices about getting in or out of a position or tell me more about what the market is doing. This strategy seems to be working okay and if I can translate this to real money I will consider myself successful. I don’t want to be greedy but I certainly would like to know if I can do what I am already doing more effectively.

I spent time on 888options and optionetics.com but it seems much of the content out there deals with strategies like spreads, butterflies and condors, things that simply don’t apply to what I am doing. I know there are options day traders, even some specializing in SPY, who read these questions, and I’d be appreciative if I even had a list of books or even just some things to go research and learn about that you have found helpful in your experience.

Thanks for reading this far and any help y’all provide.
I definitely understand the problem with fills; in fact, I asked a question about that here the other day. I had noticed that I could put in a sell at a price like 3.10 and a minute later see a bid/ask spread of 3.15/3.20 with my sell order still open. My only thought was "What the ****?!" I was told by another answerer that in reality, on an order that small an ask below the bid would never stay open on something as liquid as SPY.
Regarding filling at the mid, on SPY I could live with this. The options on SPY move enough intraday that even if every buy order filled at the ask and and sold at the bid I’d still make money because I am looking for moves of .15 on options that can move .30 or more in a short time. I’ve gotten good enough at picking the trend direction that I will buy options that are 3 or 4 points ITM. This gets me my .15 or more move with only a small move in the price of SPY.

What are the strongest indicators and oscillators to use for FOREX?

admin — Thu, 25 Mar 2010 12:50:09 +0000

I know I’ll get responses like, "this is a big boys game" and "don’t come into this so naive little one" I understand that there is MAJOR risk in FOR-EX but you’ll never get anywhere playing it safe. I’m using a demo account right now and working out all my errors. I’m curious as to what are some good indicators that are reliable and work well with each other. Bonus points if you can effectively explain how they work.

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random