Tuesday 17 April 2012

Everything was Up This Morning

I was spoiled for choice this morning (London time). We had nice moves up in DAX, Euro and Crude. The charts all had a similarity. I've included 3 minute charts for each. No matter which market you were looking at, the opportunity really jumped out at you today.




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2 comments:

  1. Anonymous17 April 2012 at 15:57

    Hi EL,

    Thanks again for all of the helpful insights.

    Two questions:

    - I see that you're using eSignal from time to time. What do you like about it vs. other products?

    - I've begun working with MultiCharts, and see that the 'bar magnifier' (which enables backtesting inside bars using tick data) does not work on Renko charts. Do you find this to be a problem?

    Thanks,

    Dave

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    Replies
    1. Electronic Local17 April 2012 at 16:20

      We have eSig, TradeStation, MultiCharts etc and I post charts from whatever computer is free. My choice is MultiCharts as it has everything I need except MarketProfile and I run that on Ninjatrader at the moment. Backtesting is an art mot a science and I backtest based on market activity not numbers so it's not such an issue. I use the Renkos with wicks.

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