NYSE stocks as an alternative for Forex and Futures:
I started to look at shares, it became interesting to make at least the most simple system.
So I have looked at BAC, APPLE, Cisco, IBM, MSFT, APA...
I was surprised. On futures daily levels work from time to time, and it is not enough just to use on futures daily volumes...for futures there are other strategies..But on shares daily levels are working more accurately. It is the most simple trading system which it is possible to use.
The matter is that on futures risks in times more than on shares. That means that investor may cause serious damage to deposit after 3 trades... On shares that would be much harder. If to talk about expensive shares (google for example), then risk is comparable. If to trade shares which price is less than 50$, risk is not big, but at the same it is possible to get without serious problems about 10-15 % in month.
Actually it is even simplier than its looks. I think that this information remains not without interest. On an example shares of APPL from 06.10.09 until now, and Ihave simply started to set a range of large volume of last days, and considered more or less nearby standing levels.
Here`s what I got:
07.10:
08.10:
09.10:
12.10:
