The ACD Method

Maverick74 · Jul 13, 2017

atrp2biz said:
Depends on each security which is a function of when the series was issued, the next reset date and the credit worthiness of the counterparty.

Canadian pref ETFs are highly weighted with these rate reset instruments so the yield (4.4%) on an ETF might be a close proxy.

https://web.tmxmoney.com/quote.php?locale=en&qm_symbol=ZPR

What's Canadian CPI running at? I suspect your inflation rate is a few ticks above the US.

Maverick74 · Jul 13, 2017

Looks like current inflation is around 1.3%. Those preferreds look pretty attractive.

SteveM · Jul 13, 2017

Maverick74 said:
Anyone watching the loony lately?

Looks very strong on the weekly chart - next possible points of resistance I'm seeing on the weekly are:

.7902 from week of 6/6/2016
.8025 from week of 5/2/2016

if it gets above those two then there is nothing but air above this thing until .8386 from week of 5/11/2015

SteveM · Jul 13, 2017

Mav, if a trader wants to get long on a monthly A-up, do you think it is reasonable to sell near-term puts with a strike right below the monthly A-down? Attempting to benefit from the time decay, etc. Thanks for any input.

Maverick74 · Jul 13, 2017

SteveM said:
Mav, if a trader wants to get long on a monthly A-up, do you think it is reasonable to sell near-term puts with a strike right below the monthly A-down? Attempting to benefit from the time decay, etc. Thanks for any input.

FX options are notoriously cheap. Selling premium for anything further then ATM is going to be a waste.

koolaid · Jul 13, 2017

Where do you guys get your data from? Any recommendations? I need at least 15m intraday for 5 years or more. Been using IB's free 1 year data then just found out that they have some corrupted intraday data...notable on Jan 5th 2017...all the data from before 10:30 AM are missing for certain stocks.

justrading · Jul 13, 2017

koolaid said:
Where do you guys get your data from? Any recommendations? I need at least 15m intraday for 5 years or more. Been using IB's free 1 year data then just found out that they have some corrupted intraday data...notable on Jan 5th 2017...all the data from before 10:30 AM are missing for certain stocks.

I use Sierra Charts for charting. Like you I use IB data for futures and stocks, but stocks are position trades and I don't score them. SC Package 5 has FXCM FX data included which is what I use as SC doesn't link with Oanda.

If I ever moved away from IB data, I'd use the SC Barcharts offering. Can't remember costs but I think it is very competitive with eSignal and way cheaper than DTN-IQ feed. Long time since I compared the prices so don't take my word for it.

I don't day trade so I don't worry too much about tick data.

baggerlord · Jul 13, 2017

I used kibot to get my long term historical data, and esignal for daily updates. I've read bad things about kibot tick data but minute data seems fine.

Maverick74 · Jul 14, 2017

The Dollar is getting smoked across the board today.

baggerlord · Jul 14, 2017

I was short USD/CAD in early June around 1.35 I think and took profit at 200 pip because I was just wanting to trade something else...All my ACD stuff told me to hold it but I was bored. I'm automating more and more of my decision making to hopefully take my stupid brain out of the equation at some point.