eustaer
Registered: May 2009
Posts: 8 |
05-18-13 01:17 AM
I am new to ACD, have read MF's book and went through this entire thread. A wealth of information on here and i certainly appreciate the quality discussions. There have been some comments about ETFs and how they can be used for international exposure, commodities, etc. I was wondering in regard to ACD what/how I should use the opening range for international and commodity ETF type instruments? The reason I ask is because Fisher states it should be in domicile country/time. Taking a commodity ETF first for say corn....should I use the recommended commodity opening range (i.e 5 minutes) for an equity product? Or should I treat it like an equity instrument and use a longer timeframe i.e. 20-30 minutes? Also, I am a bit confused with the international ETFs...take china for example. Say CZI, a US ETF so does not trade during China market timeframe. I am not sure if there is a foreign ADR version of it that trades in china, but if not how do you use the domiciled market/timeframe? And if so, how do you price/chart it for US? I am pretty new to these markets and ACD so any advice is much appreciated. Thanks in advance for your input.
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