Strategies

  Brian Shannon from Alphatrends blog shared a nice intraday vwap trading setup today.

BTW i bought his book to, my first trading book after 3 years, and i can highly recommend it.

Posted by sputnik

  Random walk

Posted by sputnik

  Buy Mortimer, buy....

I received this from my old trading pal Ana-Maria :

Rosh Hashanah begins the night of Monday September 29, 2008
Yom Kippur begins the night of Wednesday October 8, 2008

"Sell Rosh Hashanah, Buy Yom Kippur"

(and if you're wondering which one is correct [this one is], here's someone with rationale behind it, lol)

Thank you very much for that Ana, please visit us in echat when you find the time, we miss you.

And here comes my beautiful monthly ES chart :

Posted by sputnik

  As my previous post proves i should stick to sclaping intraday and stop messing around with daily and monthly charts. Still, i like this one. It's an "eternal VWAP" on the ES e-mini continuous contract with 2 standard deviation bands.

Posted by sputnik

  I recently stumbled across a trading forum i really like: Traders Laboratory. I met some very nice people there and found this gem from a fellow trader posting as 'jperl'. A complete tutorial on trading with market statistics.
To watch the charts and videos in these post you need to register with traders Laboratory but thats
free and painless.

If you are interested in daytrading using volume histogramms and/or the VWAP, check this out.
I promise you won't regret it.

The tutorial is split in 11 parts, here are direct links for you convenience.

part I : Volume histogramm
part II : The volume weighted average price (VWAP)
part III : Basics of VWAP trading
part IV : Standard Deviation
part V : Other entry points
part VI : Scaling in and risk tolerance
part VII : Breakout trades at the PVP
part VIII : Counter trend trades in symetric distribution
part IX : Scalping
part X : Position Trading
part XI : HUP

Posted by sputnik