setharb wrote
hi art ... perhaps this question was asked by me months ago but with all the volatility in the OIL and METALS this yr
have you have tried to get the daily
Biases for these markets also?
___________________________________
seth
I've never gotten the 6 indicator system to test well in those markets. actually, i have problems fitting most systems to new york markets. don't know what that means. some people would say it's because they're new york markets.
i did look specifically at the 2005-2006 timeframe for the reasons you stated. still no dice--i believe only the heating oil gave an overall positive performance due to a very good 2005 reading.
this makes for some gray area issues. are they not performing well because the idea , though widely applicable, is never going to fit every market? or is it just that you inevitably catch some markets over-performing and some under-performing in any given timeframe? again, since i've never been able to make metals or energies conform, i have to say it's the latter. but your question did make me wonder how the six indicator has been performing in my targeted markets in 2006. (those results would obviously be akin to strict real time as the system was perfected in late 2005).
overall, the news is good. the currencies are the one bad area. again, should they be de-emphasized or is this just their under-performing time? i'd go with the latter on that one.
but as you can see, they've been doing very well in the indexes. the mini russell in particular has been on fire. even figuring a $20 slippage-commission edge per mini contract, you still would have been making over $80 a trade.
thanks for inspiring me, seth.
hi art ... perhaps this question was asked by me months ago but with all the volatility in the OIL and METALS this yr
have you have tried to get the daily
Biases for these markets also?
___________________________________
seth
I've never gotten the 6 indicator system to test well in those markets. actually, i have problems fitting most systems to new york markets. don't know what that means. some people would say it's because they're new york markets.
i did look specifically at the 2005-2006 timeframe for the reasons you stated. still no dice--i believe only the heating oil gave an overall positive performance due to a very good 2005 reading.
this makes for some gray area issues. are they not performing well because the idea , though widely applicable, is never going to fit every market? or is it just that you inevitably catch some markets over-performing and some under-performing in any given timeframe? again, since i've never been able to make metals or energies conform, i have to say it's the latter. but your question did make me wonder how the six indicator has been performing in my targeted markets in 2006. (those results would obviously be akin to strict real time as the system was perfected in late 2005).
overall, the news is good. the currencies are the one bad area. again, should they be de-emphasized or is this just their under-performing time? i'd go with the latter on that one.
but as you can see, they've been doing very well in the indexes. the mini russell in particular has been on fire. even figuring a $20 slippage-commission edge per mini contract, you still would have been making over $80 a trade.
thanks for inspiring me, seth.