jonnysharp
Registered: May 2004
Posts: 980 |
08-19-08 01:04 AM
thanks for that guys, il try my best.
ok first trade today; i put my trades on in the last hour of the trading day, i find there's good liquidity at that time, prices are not as volatile as the morning and therefore it's easier to get a good fill, also i find prices settle around closing time and if there's still an valid signal at that time its generally more meaningful. I only trade pairs with correlation above 80% and look to exit the trade within several days.
Today;
Short: AEM @ 51.62
Long: GG @ 30.31
I like taking trades where a signal has been produced and the pair has diverged even more, plus the ratio chart looks way overbought as confirmed by a RSI of 98.14. Ive attached a screenshot.
 aem-gg.gif
This has been downloaded 7003 time(s).
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