Recent content by bochman

but u are not supposed to sort of day trade for pairs???

I am still on it, but nothing to trade so far. I don't have enough pairs.

so this thread died a painful death. which is a shame, 'cos it is such a good discussion thread.

what time span do you use normally? 45 days? 50? 60? thanks!

would anyone consider long FXJ & short APN as a pair? 45 days seem to be reaching stddev 2. 60 days and 1 year suggest otherwise.

No, I agree with you. I have paired those twice, made money (I posted 1 of the trade here a few days ago). However, I didn't make as much as I tend to close out a tad too early.

First of all, to clarify, I am not using PT software. It is a bit manual at the moment, with me checking charts randomly. I set stddev to be 2, as waiting for 2.5 is good, but will have less opportunity, with the way I set it up.

didn't really follow my take % profit target, decided to cut early. CBA 55.68 NAB 30.92 APN 2.37 FXJ 1.705

S CBA 56.09 L NAB 30.89 S APN 2.46 L FXJ 1.75 See how it goes. QAN & VBA pair is struggling, not that I am in it. Signal suggests it should work, but it doesn't seem to. May be VBA is just too small.

told u I closed out FXJ & APN pairs too early.... ah........ I seriously think VBA & QAN will work now, but it will be volatile.

oh, btw, looking at the 1 year, 60 and 45 days chart for VBA & QAN, I think it may work, all confirm stddev of >= 2 now.

closed FXJ & APN 1.58 & 2.03 probably a tag too early.

Samg: is your ROC including commission? I found commission took a bit part out of profit normally.

I think PT mentioned that he uses 45 days or 60 days, hence I am using 60 days as a guide. 1 year is looking at the long term trend, in general, I found that if both 1 year and 60 days both indicates stddev of ~2, they have a higher chance of success. Obviously with this strategy, a cut loss...

good pick, samg, does look good, 1 year is still not near stddev2, but 60days look ok.