What Trading Resources are Your Favorites?
What resources do you use in your trading? By that I mean what do you use to help your trade decision-making process? I’m including things like information sources (websites, newspapers, blogs, etc.), charting packages and data sources, screeners/scanners, advisory services, or anything else that falls into the resources category.
To get things started, I’ll share the things that I use on a regular basis. Granted, I do this for a job. They include:
- ThomsonOne for real-time charting, quotes, and company specific news
- DailyGraphs, a wider and more detailed version of what can be found in IBD.
- Metastock for daily and longer-term charting.
- CNN and Bloomberg for general news.
- Sierra Chart for price distribution charting.
- TradeWeb for live Treasury market prices and rates.
What about you? Let me (and your peers) know what your find useful for your trading.
Struggling with support & resistance and knowing what the key market levels are? Check out the Price Distribution Analysis methods I use.
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Major Newspapers Publish Articles About Possible Depression
(Kirk's Market Thoughts, 3/24/08)
2 people have left comments
Posted on April 4, 2008 at 10:09 am
Gabriel Camerini wrote :
Hi John and fellow traders,
Thanks for the opportunity.
I’ve been trading forex for about 9 months. I only trade on 4-hr and daily charts. My trading is 99% mechanical, so technical analysis is my main tool.
I also like to follow business news on CNBC and forex news on dailyfx.com. Anyone interested in discussing forex and other investments please feel free to get in touch.
Gabriel Camerini
gcamerini@comcast.net
Wellesley, MA
Posted on April 5, 2008 at 10:22 am
John wrote :
Got this via email from Paul:
I only spread bet and use my brokers charts as that is what they pay out on, regardless if it was real time Advanced GET or Telechart or Tradestation. First I look at a dmi of 8 when it starts to rise from 21- 23 I look at the price to see what way the trend is going a RSI of 7 to confirm that and a few EMA’S 5,8 and 20 which seems to be acting as a magnet from the long and shorts and depending where the price is within the Bollinger bands set at 21 the deviation is a proprietary secret and the stochastics are set at 5,5,3 and occasionally a cci 7 all with a good knowledge of candles and patterns when on FOREX use Fibonacci retracements usually the 50% 38% and the 61%