|
PureBytes Links
Trading Reference Links
|
What do y ou mean by "SMI" and "TSI".
Lionel
-----Original Message-----
From: rudolf stricker <rst@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Sunday, April 11, 1999 7:00 AM
Subject: Re: CMO & Cocoa
>
>Steve,
>
>On Sat, 10 Apr 1999 08:34:32 -0700, you wrote:
>
>> I use a combination of LinReg, SMI, & TSI
>>(Kaleidoscope) for the most of my studies.
>
>Do you use those indicators in a special unique combination, or do you
>calculate them separately and combine them e.g. by a kind of "binary
>waves" ?
>
>>As for the CMO and cocoa: one
>>look at the "perfectly" structured downtrend and one can discern that the
>>parameters (variable periods and trigger levels) would not produce the
same
>>results if cocoa starts to trade above it's current channel.
>[...]
>>All one really has to do to take advantage of the cocoa downtrend (or any
>>trend), is to sell against the 13 day moving average put a stop in at the
>>34 day moving average. It would have resulted in a successful trade the
>>last 20+ times in cocoa.
>
>This might work for cocoa (but not for e.g. my DAX trading). BTW: Do
>you have any special "insider" know-how about cocoa to get an idea,
>when special trends or patterns will be active? Imo, this would be
>necessary to use successfully any "special trend" model.
>
>> I don't buy into the
>>suggestions that one must be able to back test a system for 5 years with
>>various samplings to validate an approach.
>[...]
>>The markets are dynamic. To think that a universally applied approach
>>(mechanical) would consistently work on a commodity or many commodities
is
>>not a very good premise to trade by.
>
>This is ok for me, especially, if you have special know-how about the
>market under consideration to understand & identify the reasons for
>special trends to be active.
>
>But because I don't have any special knowledge about the market
>mechanisms for any special products, I concentrate on the most general
>"product" , i.e. the DAX, and I try to anticipate its option prices
>based on historical data of the DAX, its sentiments, and some
>macro-economical aspects. And because I have a background in
>"identification & re-use of know-how, based on example", I'm quite
>successful up to now.
>
>>Nothing last forever, but in the meantime, until cocoa demonstrates that
it
>>wants to trade out of it's channel, I will continue to take the signals
>>that this little secular system provides.
>
>Do you know about any other products around, that have strong trends
>on a regular basis like cocoa and about the reasons for this behavior?
>
>Happy & successful trades!
>mfg rudolf stricker
>| Disclaimer: The views of this user are strictly his own.
|