Coffee Traders' Forum

Re: Cross / Seth045 / Steve
By:Barefoot
Date: Saturday, 6 March 2010, 1:33 am
In Response To: Re: Terms / Seth045 (seth045)

Hi Seth & Steve--

Now Saturday Morning on the Dolphin Coast. If you love the info, that is my reward. And Steve's input as always much appreciated.

1. Strongly suggest compare NY vs. Ldn via division rather than subtraction. Gives cleaner readouts.

2. Plot Closing Worm KCK on upper half your graph paper, plot KCK/RCK on lower half. Make the scales roughly balance--I am currently using 200 pt. scale for KCK and 100 pt. scale for KCK/RCK.
This gives a nice sense of proportion ufn.

3. The Cross over years is TRENDIER than Outright(s). Therefore SMARTER. I would estimate NY leads London 73+ percent of the time, i.e., LEFT-HAND TRANSLATION more the norm.

4. Your EYE will tell you what is going on here. It is the DI that matters, far more than the actuals.

5. The ENEMY is of course ERASURES--it does happen from time to time.

6. Fwiw, I use also MANY other NON-PRICE Indicators, but this is one of my favorites.

Best to you Both,
Barefoot

Responses To This Message

Re: Cross / Seth045 / Steve
seth045 -- Monday, 8 March 2010, 11:11 am
Re: Cross / Barefoot
Steve H -- Monday, 8 March 2010, 6:52 am