Saturday, June 28, 2008

DTNIQ and Esigna

The cost of every exchange (NYMEX(where there oil is), CME,
ecbot, and where the gold is) is almost the same. The whole exchange is payed for not only
separate instrument. The whole monthly payment of
exchange to supplier is 150-200$/month., with monthly payment and 120-160
$/month with paying in advance for the part of the sum in a year. Maybe there are some others which are cheaper. But as far as I
understand - there are none. Even the CME exchange showed the
same results while I was " searching ". In the context of sizes, first
of all the most interesting stream is " Time and Sales". I would recommend such
suppliers: DTNIQ and Esignal.

I am making my analysis in Metatrader. I have the analysis experience of a
such quotations stream. I've got all required indicators.
Unfortunately MT is not a serious software and sometimes system is not
responding while a large sized file is loading. There is an indicator
which looks like a copy of thing that we used to call a combo. I should say that
it`s a very old idea - I mean, combos.

If someone is interested in indicators(sizes, cores(80% accordance) )
like a combo). Besides there are also some interesting indicators. But
it`s not for free. 100wmz. You should`t expect a miracle from the things that you
have bought for much cheaper prise. You will have to work hard, anyway

Volfix system is connect up. For example if you are interested
in money futures, maybe it makes no sense to worry about the
suppliers, just make a subscribtion to this product by yourself.
But, when it`s concerning the other instruments (Sp500, Gold, Oil) the
difference is big...3x,6x depends on a supplier.


( I`m not a counteragent, I`m not advertising something, I am just
share with my opinion to you)

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Thursday, June 26, 2008

Hi Trader!:) check it

Soybean or just a sausage spy this week was about to go down, and it was so real that not much people were doubting of it`s further growth. As I was writing the aim thing was gained 1364, and a new one 1358 too. I had 8 deals on this week. 2 of them were unprofitable, and 6 were profitable. So, what do we have for the next week? (1) As usual, I`m waiting for new cores. (2) The levels 1365-1358 are holding for purchases from the first disruption for sure. If it will go down, there is 1343 and 1330 core. Buy - at the first touch. If it will go down you have to analyze the April (1200 max vol). Probably it wont go down. There are global levels on the top - 1450,1490,1500. Also don`t forget about cores: 1415-18, 1440-41, 1455-1458,1494-1504. So, the top is 1500, and the bottom is up to 1300, 1247.

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Monday, June 23, 2008

Interesting Traders Even

Today I have deleted the size "1" from the quotations, because the size overloads quotations too much.
There is no difference in sight, but there is a difference in the details. Besides the main future(+CLQ8TS) I have uploaded one more: QCLN8TS. It has the quotations on some other levels, but when one future goes on another we can see that: the main stream is somehow taking into consideration these levels too. I haven`t decided what to do with it, yet.

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Friday, June 20, 2008

The Oil

It doesn`t matter what methods of analysis you are using, the basic thing is that you shouldn`t be a blind, and don't loose the market movement. The quotations are not ruled by Gods, maybe not even traders themselves but the market-makers, who should always rely on the important levels, which are created by traders, because it`s their main income. Such levels are presented on the picture - how much is gone on the trader's price, how much is on the ask and by the bid. All peak values are reflected with italic type for each category inside an hour. Then all these lines are transformed in a firm line for the trading in next hour. The daily data of Trade/Bid/Ask is pointed on the right ( for reflections).

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Thursday, June 19, 2008

Oil quotation

Tuesday, June 17, 2008

Trader Oil data

So, today was a small try to open down, starting from 133, based on half an hour oil data, but I have quit after 20 minutes. From the whole growth that was in June 133,000 only 38% of recoil of June`s high-low. At this moment this level is unbroken. I have been waiting for some hand-up above the level, to come across combo`s support, which was hovering there and the price got over this time barrier, but was not in a hurry to go down. As a matter of fact, oil is my hobby, which I`ve added to my euro trading. Looking through the June(not only) - we are going through the correction. The jumps between the levels are just a speculative game, so it means that chances for the a successful trading are high.

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Friday, June 13, 2008

Oil`s Entering.

Today we have such oil`s entering.

I`m tired of euro... I will have a rest till Monday. I`m sick of it.. The transferring to a new contract.

Talking about the trading: I had to leave it. I must say that the dynamics of labour-rent is differ from exchanging. Actually there is really something brute, sharp and wild in it.

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Tuesday, June 10, 2008

Todays Even

Today`s event on Asian session, is making me sad.
15785 - maximum score of what was gained by selling on Monday. We are not taking into account the present day.
15440 - last week level. It can be counted for closing the income.
I`m interested in these two cores:
19052008 15592-15583
02062008 15542-15532

guiding by that we will do our work.

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Monday, June 9, 2008

Plans on Thursday

Technically, a lot of different levels are gathered. Because of euro's rising up, than fell down to the bottom of a contract and now it is rising again. Also, soon we will have a new contract.
Today,a tight core have gone through the Europe, we are waiting for Chicago.
Speaking about the strategy which I`m planning to use, on the one hand everything is quite simply: I will chose a core( probably one of today`s) and I will trade expecting to gaining a movement 100 points minimum, I mean the length of a medium pair range, on the other hand a core shouldn`t become a place where you could be scammed - I had a such bad experience on Wednesday. My inexperience in a new method become the reason of failure.
The mechanism of trading is not an intuitive thing (except when you are choosing the core). Usually, I`m looking for the core with 5-10 points level.
I take a size of the whole unit which I`ll trade with and divide it on two independent units (it is possible with MT, but with other brokers you will have to regulate it by the means of the take profit). I put 50 points on the first order and 100 points on the second one. The core includes the price and goes on my order limit or while the price is in the core I will set the order on outside.

So, two units will be open by the same price.
Good - it is when we will go in a right direction, from the beginning or when will get maximum 2 overturns. 2х5+4 pips (the commission)=14.
Tolerably - is when there are 3-5 overturns. 30 points.
The first profit will cover everything or some part of losses and the second one will give us a profit.
Anyway the price will go down at 100 points - today or tomorrow/the day after tomorrow.
The mathematical sense in the ratio of profit to loss (the old rule,the game should be worth the candle):1k5 - 1k10. For the more long-termed deals 1k20-1k30. If you had a bad day than you should expect a movement at 200 points up and try to wait for a necessary profit. Here you should have a patience of a titan - because it will bring you a profit anyway, but you may think about to cover everything at unplanned points, and at 80 or less with the motivation "to chill". I`m not sure that it will be a right decision.
So, you can trade every day in a such way - the question only is how to chose a right core(the level)? Frankly speaking I don`t have an answer YET, but later on I will post my vision of this situation. Usually all these things are happening intuitively. Sometimes you need to weight everything, but more often you should just keep your eyes open.

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Friday, June 6, 2008

Traders News

The present week was so hard for me.
Those who have gone through the Wednesday`s troubles like me, solved them on Tuesday and Friday.
There were not only stupid mistakes and even force majeure. But ...nobody can be absolutely protected.
I would rather write something about what was on market this week, but it seems to me that in this case it would be better to read boxtrader blog(I have a link on my blog). Our thoughts are almost the same.
I think, I should revise the likelihood of choosing the places from where I`ll do my trade.

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