SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ynot who wrote (371)7/18/1999 1:42:00 AM
From: Teresa Lo  Read Replies (1) of 19219
 
My thinking is that price and volume leads everything. People react to price. All eyes are on price, so perhaps it's best to find ways to directly analyze price. That's why I use candlesticks to gauge action near support and resistance.

I have used many indicators, such as MACD, RSI, Momentum, etc. but they are all derivatives of price - mostly oscillators in fact, so they won't be best when the market is trending.

As for options, I have traded OEX and equity options extensively in the past, but I have found that it's best to just trade the instrument itself so that I don't have to deal with things like VIX and decay. As for news hitting options first, I think there is a lot of software (OptionStation) and web based programs (QCharts comes to mind) that monitor and gives lists of unusual action, so that's one way to go...and as for arb, I guess it can be done, but I don't try it because I don't sit at the trading desk anymore and it's much more difficult to do it outside a brokerage firm, in my experience.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext