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<DIV>Norman,</DIV>
<DIV> How about being off the net for an hour or so, does the
chart have holes in it? That is on a 30 min or so chart?</DIV>
<DIV>Thanks,</DIV>
<DIV>Gil</DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:nwinski@xxxxxxxxxxxxxxx";
title=nwinski@xxxxxxxxxxxxxxx>nwinski</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Cc:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Monday, May 29, 2000 7:08 PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: URGENT: Free (NOT
delayed) RT charts ?</DIV>
<DIV><BR></DIV>
<P>M.G.M wrote:
<BLOCKQUOTE TYPE="CITE">
<STYLE></STYLE>
<FONT size=-1>Hi,</FONT> <FONT size=-1>does anyone know a web site
where to get FREE RT (Real-Times) charts (10 to 30 minutes) on the
internet....NOT the usual "15 to 20 minutes delayed".</FONT> <FONT
size=-1>This is for occasional trading ...about 2 times per
weeks.</FONT> <FONT size=-1>Thank's for
collaboration.</FONT> <FONT size=-1>G.M.</FONT></BLOCKQUOTE> G.M.
<BR> I just started trying "Mytrack" at <A
href="http://www.mytrack.com";>http://www.mytrack.com</A> for data feed. Once
you download their software and register you can get free live stock quotes,
free delayed futures (10 min. Chicago, 30 minutes NY, and live S&P500
E-mini) You can then overlay this with several programs for analysis.
<BR>I am currently trying a chart sevice which interfaces with Mytrack. Go to
http://sierrachart.com. You can get a
free month trial and then its $10 per month. It generates intra-day down to
one minute charts and archives them for five days. You can also generate daily
charts. All charts can be customized and there are a plethora of market
studies available all included. I am sure there is a lot more, but I have only
had it for a few days and I am still learning. If this works out for me, I may
cancel my Signal delayed service for which I am paying $80 per month.
<P> Let me know, how it goes, amigo.
<P>Adios,
<P>Norman . <BR> <BR> </P></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed May 31 07:08:08 2000
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From: "T-Bondtrader" <t-bondtrader@xxxxxxxxxxxxx>
To: "<realtraders@xxxxxxxxxxxxxxx>"
<realtraders@xxxxxxxxxxxxxxx>
References: <p04301809b5586487e4cf@[125.100.5.8]>
Subject: [RT] Re: Kase DevStop
Date: Tue, 30 May 2000 13:03:46 +0100
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Status:
> I'm trying to code the Cynthia Kase DevStop indicator, which
> calculates stops based on ATR and
> standard deviations.
I am intrigued to know what the value is of a stop which is based on the
above calculation. Presumably this is for position trading, in that I
assume that the ATR relates to a daily bar. By definition you are running a
sizeable stop, away from the action, so that in essence suggests it is more
to do with your wallet rather than anything else. Or am I way out on the
thinking?
For day trading, as far as I am concerned a stop is based solely on the
support and resistance in the market. The stop has to be where it will cost
a considerable amount of money to run it and, if is going to be taken out,
then it is more than likely that the market has changed direction - and,
consequently, the stop becomes reverse.
The price action, as it reacts to support and resistance, is the key factor
and stops need to relate accordingly. Arbitrary calculations can only be
satisfactory if a whole host of people use them - like, for example, the pit
pivot system, initiated by floor traders for when there is nothing else to
use.
Stops are a vital subject and I hope others will widen this strand.
Meanwhile, I attach a .gif file of Friday's action, which was bandied about
a bit over the weekend holiday, on which I have marked some of the entry
points, based on price action at key points and two of the well promoted
indicators. Based on these entry points, where would your stop be and how
would you have assessed the risk reward of the trade? (rhetorical question!)
Bill Eykyn
www.t-bondtrader.com
"Learn to read the tape"
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