Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jperl

Trading with Market Statistics V. Other Entry Points

Recommended Posts

feel free to help out at the Tradestation forum site for this:

 

https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=66875&SearchTerm=VWAP&txtExactMatch=

 

Sadly I don't have access there any more :( There are some forums that are public still (I think) but that one you need to be logged on for. Perhaps you can keep us informed if there are significant developments (though this might not be the appropriate thread to do it).

Share this post


Link to post
Share on other sites

I am really enjoying how you use market statistics to trade...thank you for sharing the insights into your method. I am new to intraday trading and it is refreshing to see a new twist on plotting distributions (like market profile).

 

I had a more experienced trader tell me one time that you have to find a method that speaks to you. Being mathematically inclined I am really enjoying this way of looking at the market. It is speaking to me "so to speak"

 

Glad you are finding that market statistics speaks to you dbntina. It speaks to me too. I realize for many traders, statistics is a difficult subject, so that is why I am trying to approach this in a slow methodical way, in the hope that those who are not generally familiar with statistical analysis will be able to follow along.

Starting with the next thread on scale-in, stoploss and trade management we will be getting into virgin territory for most new traders.

Share this post


Link to post
Share on other sites

Jerry,

 

Very much looking forward to it...(the next thread).

 

I think I have finished the code for tradestation users to get on an intraday chart the VWAP (same code as posted in the forum under VWAP_H) with the calculation of Standard Deviation from the square root of the variance but bands seem farther out than the one currently posted in the TS forums. I put everything in one indicator to do all plots with 1st and 2nd SD's.

 

Is there any way you can tell me where the VWAP and 1SD and 2SD bands ended today on your 2m chart of either the S&P or NQ. That will let me know if I have it right and then I will post on the forums the code or here...whatever suits everyone.

 

The question I have also is on the Variance formula I don't see it dividing by the result by the total number of price bars since the start but when you gave an example you did divide by the total number of bars. That's how I calculated it but didn't know if that was correct?

 

Thanks a bunch...will get it posted for TS users once I can verify it looks like yours.

 

dbntina

David

Share this post


Link to post
Share on other sites

jerry, since Newbie is using purely mathematical techniques, would you mind sharing the back-tested results for say, what you presented in 'V'? did the back-test optimize to an optimal stop placed above the PVP for a short/below for along? just curious if recent trading lines up with 'theory' of a skewed distribution...

 

also, is there a minimum difference between the PVP and the VWAP before the skew is considered significant enough to 'play'... ie, # of ATRs difference...?

Share this post


Link to post
Share on other sites

also, is there a minimum difference between the PVP and the VWAP before the skew is considered significant enough to 'play'... ie, # of ATRs difference...?

 

 

I find this to be a good question that I wanted to ask as well. I have been observing the markets (mostly the YM) and I find it rare to find a skew at all... seems like prices are always near the VWAP and the PVP runs through it, so there is seldom anything to trade at all, unless I am not using the proper tools. (the vwap I use was programmed by a third party for amibroker)

Share this post


Link to post
Share on other sites

Is there any way you can tell me where the VWAP and 1SD and 2SD bands ended today on your 2m chart of either the S&P or NQ.

 

David,

Here is the end of day VWAP +- SD for today August 2, 2007

 

ES 1474.11 +- 3.64

NQ 1968.52 +-5.77

 

The question I have also is on the Variance formula I don't see it dividing by the result by the total number of price bars since the start but when you gave an example you did divide by the total number of bars. That's how I calculated it but didn't know if that was correct?

 

No, it is not correct. To compute the variance correctly, use the equation I posted in the SD thread post 14545

 

You have to multiply each term in the variance by the probability distribution for the volume because the VWAP is volume weighted. That takes care of the normalization factor. The example I gave, had no weighting factor, so the variance was simply divided by the number of terms in the summation.

Share this post


Link to post
Share on other sites
jerry, since Newbie is using purely mathematical techniques, would you mind sharing the back-tested results for say, what you presented in 'V'? did the back-test optimize to an optimal stop placed above the PVP for a short/below for along? just curious if recent trading lines up with 'theory' of a skewed distribution...

 

There is actually no good way to back test something like this Dogpile, because the distribution function, the volatility and HUP distribution (Hold Up Price, which we haven't discussed yet) is constantly changing from day to day. What you will discover in the next thread, is a new paradigm about stop loss placement and trade management.

 

is there a minimum difference between the PVP and the VWAP before the skew is considered significant enough to 'play'... ie, # of ATRs difference...?

 

Very good question, glad you asked. I'll phrase it differently. How large does the skew have to be to consider taking a trade at the VWAP or SD in the direction of the skew.

The answer is: I was concerned about this for a long time. It turns out, that there is no correlation between the size of the skew (as measured by the Karl Pearson definition of skew which is (VWAP-PVP)/SD ) and the momentum of the trade in the skew direction. What only seems relevant is that a skew exist. Other HUPs will come into play between the entry point and the profit target which will play an important role in the momentum of the trade. We will discuss these in a later thread.

Share this post


Link to post
Share on other sites

Trade Station Users,

Jerry gave good description of SD function and how to calculate it in thread #IV. In the same thread I have posted code for calculating simulated SD, which tracks pretty close with ensign SW and jerry's calculation. Important point is that SD is cumulative calculation with lookback period changing thru the day to always start at the beginning of the session ( basically one has to count bars and change lookback period to include data from the first bar of the day. SD is calculating price distribution around VWAP. What SD calculation is is missing is vi/V factor vi is volume @ price; V is total volume for the session.

Share this post


Link to post
Share on other sites

<<It turns out, that there is no correlation between the size of the skew (as measured by the Karl Pearson definition of skew which is (VWAP-PVP)/SD ) and the momentum of the trade in the skew direction. What only seems relevant is that a skew exist. >>

 

thx. the problem is that if not much skew, then the stop point (PVP) will be very close to the VWAP price -- where you might be entering.

 

for example, market trades down and then retraces back up to the -1 SD level, you enter short with stop just above PVP. market trades to VWAP and overshoots a bit on noise. here is where a tight PVP might be a problem... I guess such is life.

Share this post


Link to post
Share on other sites
I find this to be a good question that I wanted to ask as well. I have been observing the markets (mostly the YM) and I find it rare to find a skew at all... seems like prices are always near the VWAP and the PVP runs through it, so there is seldom anything to trade at all, unless I am not using the proper tools. (the vwap I use was programmed by a third party for amibroker)

 

Unleashed, perhaps you can post a chart of what you see and I can take a look

Share this post


Link to post
Share on other sites

What you will discover in the next thread, is a new paradigm about stop loss placement and trade management.

 

Other HUPs will come into play between the entry point and the profit target which will play an important role in the momentum of the trade. We will discuss these in a later thread.

 

 

Really looking forward to these missing pieces of the puzzle. (and getting hold of/writing some indicators so I can follow along properly).

Share this post


Link to post
Share on other sites

Okay...I thank I got it...just need to figure out where/how to post the code in here.

 

Thanks for your help Jerry. I was able to match your numbers yesterday on ES and NQ within a tick or two so I will consider it matched.

 

Any TS coders take a look and see if it looks correct please.

 

Thanks everyone...looking forward to learning more Jerry,

 

dbntina

 

;)

Share this post


Link to post
Share on other sites

nice job dbntina -- that looks visually right -- I am not an advanced EasyLanguage guy but the bands look great.

 

would you know how to code 'PVP' to update dynamically? it is the same number that appears in the matrix window under 'Vol Bars'... would just like to place that into a 'chart analysis' window as a histogram indicator on the left side of the chart (Y axis).

Share this post


Link to post
Share on other sites

Thanks Dogpile...I am pretty confident in the formula because it is exactly the same as jperl posted. The only thing I was mainly concerned with is if the count was off by 1 bar for looping and summing the terms. It looks correct though when I look at the chart because the bands move on the 2nd intraday bar, not the 1st or 3rd so it seems to be working correctly and it matches jperls numbers (within a tick or two).

 

After looking at past intraday data it is scary how well the bands are acting as support and resistance.

 

Anyway...I am disappointed in TS and the market profile thing. Esignal has an add on for $10 a month or something like that and TS has nothing. The probability map stinks in my opinion and I actually was using marketprofileplus for a while and ghkramer has a decent one that I can't get to work on my machine (and believe me I am thankful for guys like ant and ghkramer) but TS is dropping the ball big time on this and I like TS.....

 

So the bottom line is I will probably have to write market profile code myself because I do want to know the PVP/POC (if they are exactly the same...they probably are a little different if you are using a smaller tf than 30M??) and VAH and VAL from previous days and the developing numbers as they do act as HUP's just like pivot points and such good to be aware of.

 

Anyway writing that code should make it easier to write the code for volume distribution as well. The problem I am going to have is figuring out exactly the formulas for calculating all the stuff...once I get that then I should be able to crank it out...we'll see I am kind of dreading it actually.

 

So the short answer dogpile is I don't have code for that....anyone else...of course if I create it I will post it for free.

 

Sorry this went a little of topic...ranting a little bit

 

dbntina

Share this post


Link to post
Share on other sites
Unleashed, perhaps you can post a chart of what you see and I can take a look

 

Okay, this is my YM chart taken @ 12:29pm, as you can see the VWAP is +17 above my PVP, and I would have considered going long at 13444, it is currently 12:54 and prices are hovering around there, fell through a bit to 13430s. I am wondering if going long here would have been a good idea. (I did not, only simulating)

 

attachment.php?attachmentid=2210&stc=1&d=1186159927

Share this post


Link to post
Share on other sites

Just an update. That trade would have been good for about +15 if you entered right at the VWAP, but if you held longer would have been stopped out depending on how tight you had it...

 

Market seems pretty flat, whipsawing the VWAP and bouncing off the PVP since lunch hour.

 

 

attachment.php?attachmentid=2211&stc=1&d=1186163593

vwap2.thumb.png.6abc751fd86856c3bdcea44177970c6a.png

Share this post


Link to post
Share on other sites

finally with patience a good move to the upside was there if your stops were wide enough...

 

If it wasn't obvious enough the VWAP is the yellow moving average line, and the red line mixed into it is the 89 EMA, solid horizontal line is the PVP.

 

Move was good for about +50 YM points if you had good nerves :).

 

attachment.php?attachmentid=2212&stc=1&d=1186164448

 

edit - DAMN, after this 'trade', at that 13500 level, the YM dropped 100 points in less than half an hour...

vwap3.png.f47860ef45beb4932e6d0e3c127a48fb.png

Share this post


Link to post
Share on other sites
Okay...I thank I got it...just need to figure out where/how to post the code in here.

 

Thanks for your help Jerry. I was able to match your numbers yesterday on ES and NQ within a tick or two so I will consider it matched.

 

Any TS coders take a look and see if it looks correct please.

 

Thanks everyone...looking forward to learning more Jerry,

 

dbntina

 

;)

 

You could either cut and paste the test into a message. Or use the 'manage attachments button' down below the message posting box.

 

Cheers.

Share this post


Link to post
Share on other sites

Blowfish,

 

The code is posted in the indicators section.

 

Nick had a good question about using the normalized volume to multiply with in the variance formula.

 

The indicator is doing that in the calculation. It is taking the volume of the current bar and dividing it by the total volume since the start and using that to multiply the square of the difference between price and the VWAP (and then summing all the terms of course)

 

I am pretty sure that's what we were trying to accomplish.

 

Take a look and see if the code looks correct...if not we want to catch it now. I think that is what Jerry was getting at when calculating it (that was causing the calculation to be a nightmare).

 

Cheers,

 

dbntina

Share this post


Link to post
Share on other sites
finally with patience a good move to the upside was there if your stops were wide enough...

 

Ok, for your reference unleashed, I took a look at YM at 12.28 EST. My values for VWAP and PVP are as follows:

 

VWAP= 13445

PVP = 13433 for a difference of 12 ticks.

 

And yes you could have taken the trade at 13445 and exited at the 1st SD which was 13472 at 13:54 EST for a profit of 27 ticks or held on until the 2nd SD at 13500 14:02 EST for a profit of 55 ticks.

 

HOWEVER---if you set a stoploss at the PVP you would have been stopped out earlier with a loss on the trade. This is a good example of why hard stoplosses will slowly bleed you to death. In the next thread we will discuss an alternate paradigm called risk tolerance to replace hard stop losses

Share this post


Link to post
Share on other sites

Great point Jerry. I was looking at the same thing on my chart with the bands and saw the spike just below the PVP to stop you out...before moving towards the bands....very interested in seeing the risk tolerance ideas...etc.

 

dbntina

Share this post


Link to post
Share on other sites

This is a good example of why hard stoplosses will slowly bleed you to death. In the next thread we will discuss an alternate paradigm called risk tolerance to replace hard stop losses

 

Fixed stops (and targets for that matter) are quick and dirty but take no account of changing volatility. I kind of favour using market structure (previous swing high/lows) but of course absolutely everyone know stops are located there and so they are frequently run. Then of course you can place the stop 'a few' ticks outside but that is kind of arbitrary too.

 

Dbtina thanks I'll take a look. I have concidered the PoC stuff and whilst not hard it will be a bit 'tricky' volume at each level will need accumulating in an array. I can't help feel there should be a code fragment somwhere to do this.

 

Cheers.

Share this post


Link to post
Share on other sites

Blowfish,

 

Yes I am thinking about writing some simple code for the PVP and POC intraday and maybe including that in the VWAP, SD bands code so that it will all be in one place.

 

The challenge is going to be when JPERL starts looking at the weeks PVP/POC with the weeks VWAP and SD bands and using that as a framework in framing the days statistics and taking trades that way.

 

Because I will have to figure out how to do that in code for TS as well...man this coding stuff gets tiring after a while.

 

I don't know for sure but I have a feeling JPERL is heading that direction.

 

Also the POC is simply where the most 30M TPO's occur horizontally correct...this is not the same where the most volume traded at price correct? (PVP) Just want to make sure I have it correct before trying to code it.

 

Cheers,

 

dbntina

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Bitcoin Cash (BCH) Breaches More Resistance Zones, As Bulls Gain More Grounds Key Resistance Levels: $275, $300, $350 Key Support Levels: $200, $160, $120 BCH/USD Price Long-term Trend: Bullish Bitcoin Cash has maintained its bullish run as the resistance at $240 and $260 were broken. Unfortunately, BCH reached a high of $280 but was resisted. The bears pulled back to the low of $260. The market is holding above $260 support. On the upside, if the bulls sustain price above $260 and the $280 resistance is broken, BCH is likely to reach a high of $350. On the other hand, where the bulls fail to overcome the current resistance, price will fall to the low above $260. BCH/USD – Daily Chart Daily Chart Indicators Reading: Bitcoin cash is above 80% range of the daily stochastic. This means that BCH is in the overbought region of the market. It also means that sellers may emerge at the $280 overbought region. The downward move has already began. Although, the extend of the downward move is unclear. The 26-day EMA is acting as resistance to the coin BCH/USD Medium-term Trend: Bullish On the 4-Hour chart, BCH is in an uptrend. BCH is making a series of higher highs and higher lows. BCH has reached a high of $280. The price is retracing from a high of $280 to a low of $260. BCH/USD – 4 Hour Chart 4-hour Chart Indicators Reading BCH has risen to level 54 of the daily Relative Strength Index period 14. BCH is above the centerline 50 which means that it is in an uptrend zone. The moving averages are sloping upward indicating the uptrend. General Outlook for Bitcoin Cash (BCH) Bitcoin Cash has moved closer to the uptrend zone as the market reaches a high of $280.The bulls are yet to break above the current resistance after being resisted twice. The price is currently consolidating above $260 to resume an upward move. Source: https://learn2.trade   
    • GBPJPY Recovers Momentum Beyond The Level At 134.00 GBPJPY Price Analysis – April 8 The British pound got some momentum and pushed the GBPJPY cross to fresh session highs, above the level of 134.70. The claim that UK Prime Minister Boris Johnson has been reported to be in a stable state, although he continued in ICU, appeared to be the only variable that contributed considerable strength to the pound. Key Levels Resistance Levels: 147.95, 138.68, 134.72 Support Levels: 130.49, 127.54, 122.75 GBPJPY Long term Trend: Ranging In the broader context, ongoing development implies that market behavior at a level of 122.75 (low) is simply a horizontal consolidation trend which has been concluded at 147.95 level. Bigger downward trend from level 195.86 (high) and that from level 251.09 (high) may continue. The 122.75 level break may approach the 195.86 to 122.75 forecast of 61.8 percent from the next level of 147.95 to 102.76. The trend would in any way stay bearish as long as the level of resistance stays at 147.95. GBPJPY Short term Trend: Ranging GBPJPY stays in the corrective increase from the level of 123.99 and the trend remains intact. Another increase may be observed, but the upside would be constrained by a retraction of 61.8 percent from 144.95 to 123.99 at 136.92 levels to restart downward movement. On the downside, a break of 129.85 minor support levels can alter the downside bias for a low level of 123.94 retests. The sustained break of the level at 137.00 may, nevertheless, improve the chances of trend reversal and shift emphasis to the level of resistance 144.95. Instrument: GBPJPY Order: Sell Entry price: 134.72 Stop: 135.00 Target: 133.39 Source: https://learn2.trade 
    • Date : 9th April 2020. FX Update – April 9 – 4 Key Events Today.Narrow ranges have been prevailing in currency markets ahead of some big event risk items on today’s calendar.Asian and European stock markets, and US index futures, have retained buoyancy amid hopes that the peak global coronavirus infection rate may be approaching, which could mark the end of “phase 1” of the pandemic, with “phase 2” being how to exit from lockdowns while there is, as yet, no vaccine or cure.EURUSD has posted a 40-pip range so far, with a two-day low at 1.0840 marking the downside limit. USDJPY has been idling in a 26-pip range, with 109.06 marking the upside cap. Cable has settled in the mid-to-upper 1.2300s, below yesterday’s one-week high at 1.2421. UK Prime Minister Boris Johnson remains in intensive care for what is now a fourth day. Official updates, as of yesterday, reported that he was responding well to treatment, but after downplaying his condition ahead of him being admitted to hospital and then an ICU, there is a degree of uncertainty about the accuracy of this. AUDUSD has edged out a 24-day high at 0.6246, buoyed by the current optimism in stock and commodity markets. USDCAD has posted a range of 1.4000-14054, holding within yesterday’s range. Ahead today, attention will be on:   The recommencement of the EU finance ministers’ meeting, at 15:00 GMT after yesterday’s meeting failed to find an accord on a region-wide fiscal plan to offset the impact of virus-containment measures. The OPEC+ group of oil producing nations will also begin its teleconference meeting, from 14:00 GMT.Markets are looking for an agreement to slash crude output by 10 mln barrels a day. There is significant scepticism among oil analysts that even a cut of this magnitude would be sufficient to offset the level of recent demand destruction. In the US, the weekly jobless claims report will once again take top billing (it’s expected to once again paint a dismal picture), along with ongoing deliberations in the US Congress on fiscal relief measures. Finally, FED Chair Powell is scheduled on a conference call from the Brookings Institution in Washington DC. Note that trading will thin into the long weekend and tomorrow’s Good Friday holiday.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Date : 8th April 2020. April 8 – Europe and EUR update.Sentiment collapsed further in European session on the news that EU finance ministers failed to reach deal and also on the announcement from German institutes, which they estimated nearly 10% contraction in Q2, the sharpest decline since records began in 1970. This topped the concerns of pandemic and related shutdown of the economy.EU leaders will meet again tomorrow. Discussions on how to finance a European wide response package to the pandemic have not yet found a compromise. Demands for Eurobonds clashing with the red lines against mutualising debt in countries such as Germany, which would make the introduction of new financing measures a lengthy affair even if officials were to agree to such a step. The southern European states (especially Italy) are keen to have debt mutualisation (“coronabonds”) as part of the package. The most likely outcome is a use of ESM funds to finance immediate aid measures, coupled with funds from the EU budget and the EIB investment bank to finance economic measures not just through the immediate crisis, but to kick start the recovery once lock downs have been lifted.Last but not least for European economy, is the fact that ECB lowers collateral standards, to keep credit flowing. The central bank announced that it will temporarily lower standards for the collateral that banks can use to access ECB funds. The move is aimed at keeping credit flowing through the crisis and will also allow Greek debt to be used. Furthermore the haircut applied to collateral, which will allow banks to borrow more money against the same amount of collateral. As a result the ECB will take on more risk onto its own balance sheet, but the hope is that by strengthening banks’ access to funds the central bank can boost lending to households and businesses. For Greece it will also give the government more room to finance its measures to get the economy through the pandemic. The central bank stressed that the “measures are temporary for the duration of the pandemic crisis” and will be reassessed later in the year.Hence as risk-on has turned today into a risk-off, the EUR weakens so far today on USD strength. It will be very important for the long term stability of the bloc that there will be a clear signal of solidarity at tomorrow’s juncture.EURUSD concurrently declined by almost 0.5% in making a low at 1.0829, resuming the bearish outlook in the daily picture for the asset. Yesterday’s rally spread concerns whether the EURUSD possible trend revernsal however today’s swing lower again along with the decline for 7th consecutive day below 20- and 50-day SMA suggest that yesterday’s rally was just a correction.In the 1-hour chart, EURUSD is moving within a tight downchannel since 1.0925 peak, with lower ups and downs seen since then. Hence in the near term any recovery within the channel could be interpret as a correction prior a pullback. Intraday momentum indicators are mixed with RSI at neutral zone posting lower lows since yesterday, while MACD lines have been zeroed suggesting that bulls have lost the control today. Additionally, the mark of a hummingbird by Bollinger bands pattern, which indicates a bearish signal in the daily chart, could signal further weakness in the near term.In order the near term picture to turn to positive again, the hourly RSI needs to sustain a move above 50, while we need to see a swing outside the channel and above the confluence of the latest up fractal and the 20-hour EMA, at 1.0892. Meanwhile, in the medium term outlook, the asset is facing a strong Resistance area at 1.0950-1.0965 (50% Fib. retracement from 1.1146 downleg and 50-day SMA). A decisive breakout above this area could imply to the continuation of a recovery for the asset.Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Successful trader is a myth. Everything depends on time and circumstance, also the behavior and approach used by the trader. Right time trade and right judgments can make all difference in winning and losing. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.