Recent content by galtg

vishnu..i've traded those pairs in the past..ltd-ibi is a perfect example only ltd was the stock that was the one being grossly undervalued..rd/sc also a classic example ..im always on the lookout for these but they arent easy money either.rd/sc went to a freefall when rd came out of the...

bob..let me tell u what i just tried with limited success..like you i needed to find entry/exit points on daytrading pairs..so i took the daily net change ,irregardless of +/- and did a 5,10 and 30 moving average..as an entry point if the spread moved twice the moving average it was an entry...

bob..i agree with you about correlation, but in regards to the pair whose chart u posted i wouldn't go into it..i've read the pairs trading manual and in it there is a very good point made..keep away from trending pairs..in pairs trading the trend is not ur friend..a good pairs chart has flat...

yeah ip/tin loks like something u'd want to keep away from.but i've traded this pair alot in the past with good results ..this was an extrordiary move ..but i figured with tin near a support area and oversold and ip just going nowhere it was time..and besides my stop is placed a point...

I've read all the posts and thought i'd put in my two cents..i use metastock to correlate my pairs , searching each night thru various sectors..i tend to trade only same sector pairs but i keep cross-sector pairs also..I've been watching fdx/rtn as a possible trade at r+1.75 but didn't pull the...