Random Thoughts: TRIN & TICKS
I am now reading Mastering the Trade by John Carter and came across this section on TRIN and TICKS. I tried monitoring it last night. I find TRIN easier to watch and understand - what is important is not the current reading, but the relativity. But I am having some problems with reading TICKS. Honestly, I see stars when I watch the 15min candlestick chart for TICKS. One second it was reading 1000 points, the next second it was reading 300+ points. At the end of the day, there wasn't any clear trend on the TICKS chart. Anyone has any experience to share on reading TRIN and TICKS? Btw, TraderFeed has a great post on this topic.
Oh, and my broker IB is going for IPO soon. (via MaoXian)
And read how Steven use use options to enhance his trading performance.
Oh, and my broker IB is going for IPO soon. (via MaoXian)
And read how Steven use use options to enhance his trading performance.


2 Comments:
'DayShark' has written a little something on Ticks.. see if that helps.
http://dayshark.blogspot.com/2006/11/ticks-tricks.html
Thanks AJ, I'll check that out.
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