NexTrend Hints and Tips

Thanks Tom.. good bang for my euro these days of the bold new future in europe... kinda miss the old punt as the quid was called here.. mostly by tourists.. I do have the nas futures via nextrend, just not yet added them to my new layouts.. I dunno, atho I know they are supposed to be useful in trading I have never really noticed them actually helping me yet in any meaningful way... its probably me tho not watching them properly.. do you find them really significant in your trading?

Hypo - that was a funny post! You are lucky.. consider the poor aussies, they really got the rough end of the stick.. the ones too bad to ship over the pond got sent there to water the desert.. still at it too... Here in ireland we are proud of being a republic like you lot altho I think some sort of miss having a queen to wave at from time to time.. saves a lot of euros tho..

Neil
 
I do have the nas futures via nextrend, just not yet added them to my new layouts.. I dunno, atho I know they are supposed to be useful in trading I have never really noticed them actually helping me yet in any meaningful way... its probably me tho not watching them properly.. do you find them really significant in your trading?

I trade Nasdaq stocks that are in the S&P as well, so I find both the S&P and Nasdaq futures essential for my trading. There is nothing like a red, downtrending S&P (or Nasdaq) futures chart in front of me to assist in holding my shorts just that little longer and/or prevent the recurring temptation of buying the dips.
In addition, occasionally there will be those sudden spikes, the reasons for which you only find out about 1 minute later on CNBC (or CNN). Together with Level II and T&S, this is the basis of my trading, but I'm certain that others attach much less significance to them.
 
Tom - thanks for the advice.. I think I will pay a bit more attention to the futures again.. you made some good points. I also use level II and T&S once I am in a trade.. plus copious quantities of good strong coffee and (since I am trading from a civilized time zone) a few glasses of fine red wine... as I usually trade in the evenings now that is allowed.. not necessarily wise.. but I am convinced it helps.. one of the lesser known tools in trading in my opinion!

Neil
 
Thanks tom p. I am also trying to figure out how to set alarms, their alarm options are like their fee structure way too complicated for me. I just want to be notified when a price reach a predetermined level. I tried to set an alarm in Global alarms typing a message like Buy QLGC above 51 (don't know which template to use in this case) but there is no way to see if my alarm is saved. I once figured how to set a chart alarm but I forgot how to do it. They will hear from me I shouldn't have to spend my saturday morning to find out how to place an alarm in their frigging piece of software. I guess I should be happy I am even allowed to use the alarms with my level of subscription !
 
Kicking, to check if your Global Alarm is saved you should be able to see it in View, Alarms Control Center. NexTrend's customer support is very patient and helpful - enjoy whatever is left of this Saturday afternoon and call them on Monday morning.
If you can't wait, PM me and we'll meet in the new chat room, where I'll try walking you through it (the blind leading the blind :D)
 
Ah, you're from THAT Ireland! Too bad, you might have made a properly vicious good ole boy if indentured here to the southern colonies. My first ancestor here was exiled on a DOUBLE indenture, but in his defense they never proved that he really murdered his wife. Would you explain, please, why you use the 69ma? If it's celtic thing, I'll understand. Also, let me suggest that you not compress your screen shots so far. I usually cut mine down to no lower than about 120K. Love your posts, and the creative work you're doing with formulas in boards.
 
Hypo - 69ma.. its not a celtic thing.. its an allen zuckerman thing! lol A while back I spent some time in his room at mtrader (he is at reality now), not really following him as much as learning some of the TA and his restraint and patience in trading.. he often used the 69ma. I still find it kinda effective on 15min charts mostly... but as with most ta stuff I still can't decide if they mean anything at all to me.. sometimes they work perfect it seems.. then they don't.. so whats the point? To figure when they are most likely to work and when most likely to fail I guess.. or just ignore them altogether... or flip a coin...

I really like the new layout I have on the adv quote board.. the formulas are great when you get to grips with them I think.. I especially enjoy watching the ones that tell me the position of the stock relative to its high and low.. great when a stock is tanking and I am short and it keeps on flashing.. zero.. zero.. zero... lol

Jay - thanks for posting that.. looks good.. nice when things work out..

Neil
 
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