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Dear Tomasz,
This is the target of the day trader.
On the other side, when I buy and the moment is proper to buy, the
intraday retracements are few, just to panic some premature sellers.
If the stock is in a real beginning of an uptrend, we will have one
or two quick retracements the first hour. My bet with my broker is
always if I catch the lowest intraday low or not.
For heavy duty traders there is another way. When the stock drops,
they put a buy order for 20,000 pieces(for a stock with 100-150,000
av. day volume) and collect any possible small sell on this order.
So, if the "big" order is at 5.5 euro, I can buy 1,000 pieces at 5,52
easily.
As for sell, if again the timing is correct, during the first hour we
have one or two movements over the last close and then the stock will
drop. Strong sellers try to sell 30,000 pieces at 8.52 and it is not
difficult to sell 1,000 pieces at 8,50.
Best Regards
Dimitris Tsokakis
--- In amibroker@xxxx, "Tomasz Janeczko" <amibroker@xxxx> wrote:
> Dimitris,
>
> Just one question regarding settings: you have set buy on low and
sell on high price with 1 bar delay.
>
> How can you buy on low and sell on high in real trading?
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxx
> Sent: 11 October, 2001 11:35
> Subject: [amibroker] Fw: Modified RSI
>
>
> Check please from the att. gif, if formula, selection ans
settings are correct.
>
> >From: Yuki Taga <yukitaga@xxxx>
> >Date: Thu Oct 11, 2001 10:32 am
> >Subject: Re: [amibroker] Re: Modified RSI
>
>
> >Hi DIMITRIS,
>
> >I think I'm making some progress here, but since I absolutely am
new
>
>
> For the visual part, I plot AVRSI, to see if -Dbuy and +Dsell are
symmetrical to AVRSI.
>
> >P.S. I guess I asked the wrong question about that white line
in the
> >chart. I should have asked you why you plot it, since the buy
and
> >sell signals don't seem to relate to it.
>
> 1, For the visual part, I plot AVRSI, to see if -Dbuy and +Dsell
are symmetrical to AVRSI
> 2. We shall use this line in the simplified formula, where we use
ONLY cross(RSI,AVRSI).
> ...Coming soon on your screen
> Dimitris Tsokakis
>
>
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