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greene@xxxxxxxxxxxxxxx wrote:
> BTW - "sophisticated" is kind of irrelevant IMO. What's important is - "what
> are most of the other traders in your market looking at". I use a 4/12 tic PF
> chart for shorter term EOD bond trend work. Why? Because that's what a lot of
> short term bond traders look at. I'm sure that if I were trading oil, copper
> or cotton - I'd be looking at those markets with entirely different tools.
> Robyn
>
Robyn:
I appreciate your opinion. But I don't share your view. I do make my
living trading, and I have made my living trading for 18 years. I
believe certain things work in the market and will continue to work in
the market. That doesn't mean other things don't work, or won't work,
it simply means that while it's sometimes interesting for me to see
what other people look at in the markets, I am quite content with my
approaches. They have stood the test of time for me. I don't actually
want arm myself with the tools that most people in the markets trade
with. I want to arm myself with the tools that work best for me.
One reason I didn't know about the regression channel you spoke about
is simply that I don't use my computer screens in the same fashion
that most traders these days probably use them. I mainly use my
screens for quotes or for quick screenings of price action. For more
detailed analysis, I tend to rely on my eyes, my mind and the 'feel'
my hand charting gives them. I know it sounds archaic, but as I have
said before, to each their own.
But again, I thank you for your information about the charting
functions, and more importantly, thank you for sharing what you use. I
actually am quite an active bond and ten year trader and I am sure
there are lots of traders reading this list that would like to know
what a successful professional trader in the bond market uses for
shorter term day trading. You have given them a good start to their
search for their own tools. Are there other tools that you look at in
your trading decisions that would care to share with us?
Tim Morge
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