Re: [amibroker] Scalping Using RT Tick Data

["Geo Singleman" <geosing@xxxxxxxxxx>]

In my opinion, indicators are too slow for 
scalping. I do trade very short term. I only use price action, 
support/resistance lines, trend channels and pivots. I trade emini futures - YM 
and ER2 and bonds. Occasionally SP and NQ.
 
If you intend to trade futures, I recommend you 
visit http://www.nqoos.com and <A 
href="">http://www.dacharts.org  for some ideas. 
If you are happy with what you are doing, do more of the same. It takes a lot of 
time, money and mental efforts to figure out what works for you. If you have 
already done that, you are way ahead of most of the traders - especially short 
term (daytraders and scalpers).
 
Geo
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Ken 
  Henderson 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Friday, June 25, 2004 04:21 
AM
  Subject: RE: [amibroker] Scalping Using 
  RT Tick Data
  
  
  <SPAN 
  >Hi All
  <SPAN 
  > 
  <SPAN 
  >I have the AmiBroker 
  Real Time Professional version installed with a live data feed provided via 
  the IB plugin.   
  <SPAN 
  > 
  <SPAN 
  >My desire is to scalp 
  trade and I am wondering whether there are any other traders who are doing 
  this.  Possibly, you could offer advice or share your thoughts and 
  experiences?    Overall, I am trying, not to reinvent the wheel 
  if possible.    
  <SPAN 
  > 
  <SPAN 
  >To date, I am 
  reasonably happy with what I have before me, but am wondering what particular 
  indicators work well (or do not work well) in this environment.  
  Alternatively, there may be other gems that may be of assistance to 
  me.
  <SPAN 
  > 
  <SPAN 
  >Many thanks in 
  advance.
  <SPAN 
  > 
  <SPAN 
  >Ken
  <SPAN 
  >   
  <SPAN 
  > 
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