Friday, September 18, 2009

Friday intra-day chart update



The middle chart is GLD, for the hordes of Gold Bulls out there.....you know who you are.


A

7 comments:

Anonymous said...

Allan,

Interesting that you posted the VALUE LINE index too.

With you being a system trader, I'm just wondering if you place any special value in tracking this particular index?

I was recently reading about this older system: Martin Zweig VALUE LINE 4%.

I guess it has quite a track record of success but doesn't seem nowhere as reactive is you can be using your methodologies.

Tony

A said...

Value Line has been the strongest of the stock indexes since March, having recovered a fibo 78.6% of the 2008 decline and then recently turning down. It may be a leading index and bears watching.

As for Zweig, he had the right idea back in the 1980's, rule-based objective trading. BWT and ATR are mere refinements of that general idea.

Anonymous said...

Allan - if you don't mind sharing, which trading platform do you use? TradeStation, Ninja or eSignal?

Thanks,
Ron

A said...

eSignal

Anonymous said...

thanks! Is it the "eSignal, Advanced GET Edition" or "eSignal". I'm trying to figure out which one will work with the BWT Precision Auto Trader and Indicators.

A said...

I have eSignal Advanced GET Edition, but I think BWT will work on any eSignal platform. Ask Randy @ BWT.

A said...

Allan,


The Auto Trader only works with Ninja Trader or Traestation...please advise your readers...

Regards,

Sincerely,

Randy M. Sarrow
www.bluewavetrading.com
systems@bluewavetrading.com