ETF SWING & DAY TRADING

[MetalFillBoy]

RE: hjones: Data feeds.

Yes, I only use one monitor at home, but I guess I could hook up a second so that I could move the AmiBroker off to one side and still be able to use my computer. Thanks for the suggestion!

I would suggest that if you had to drop 3 stock from the NDX, make them the three with the lowest weight on the NDX. I had a link at one time that showed that, but no idea where it is now. If I find it again, I will pass it on.

Here is a quick diagram of my data feed system (lack of a better term! :O)

E*Trade streaming - - > QuoteTracker - - > AmiBroker, with QuoteTracker plugin
real time quotes

The options for quotes is a very long list! And yes, Interactive Brokers is one of them. I am not sure if your Jave can interface with QuoteTracker or not (I thought I remember you were using Jave). If it can, then this would make a great interface to a multitude of data sources. Now, QuoteTracker can only handle 100 realtime quotes at a time, but this is not a problem for me. When AmiBroker does a scan (current method), it simply asks QT for an update and it sends it, but it is much faster than using AmiQuote to pull quotes from Quote.com (older method, VERY S L O W!) Hope some of this is making sense!! :o) At any rate, download QT, set it up for Interactive Broker and see if you can use it.

Market conditions: I have my daily price Osc just above zero and the volume osc above zero (~13). I think both are within the range of bouncing down off the zero line (ZLR). Also, my daily MACD lines are still pretty low: red line is 37 and rising, blue line is 23 and decline ever so slightly. I would not think about taking any long term long (couple weeks) until the red got above 50, blue line started improving (maybe above 30), and the Osc's can get and stay above zero. Hourlies are looking to be in No Mans Land, not showing alot of up or down direction. And with it being end/beginning of month (401(k) money entering the market), there could be a slight upward bias tomorrow. All of this being said, I did not see a clear picture of up or down tomorrow, so I will stay in cash for now. Maybe things will become clear after tomorrow.

Thanks for the post, and let me know how you end up setting things up. And let me know if you need help setting up QT. Lot of people here use it, plus Jerry Medved monitors these boards for post on QT.