September 2008 Letters To The Editor
or return to September 2008 Contents The editors of S&C invite readers to submit their opinions and information on subjects relating to technical analysis and this magazine. This column is our means of communication with our readers. Is there something you would like to know more (or less) about? Tell us about it. Without a source of new ideas and subjects coming from our readers, this magazine would not exist.
Address your correspondence to: Editor, STOCKS & COMMODITIES, 4757 California Ave. SW, Seattle, WA 98116-4499, or E-mail to editor@traders.com. All letters become the property of Technical Analysis, Inc. Letter-writers must include their full name and address for verification. Letters may be edited for length or clarity. The opinions expressed in this column do not necessarily represent those of the magazine. -Editor
MAC USER
Editor,
I was a subscriber several years ago and enjoyed delving into the details of technical analysis that your publication introduced me to. I am starting to get involved again and am sifting through the numerous products and services available to help the trader.
I have a high-end Macintosh and know very well that I'm in the minority in the realm of technical analysis (compared to the alternatives available to PC users). The programs I used to use may no longer be supported.
The new capability that I have been unable to evaluate is the world of online analysis. If one had a Mac, what are the technical software applications available? (I particularly like candlesticks.) Are there online services that would make personal software (installed on my computer) unnecessary?
Thank you for any guidance you can provide.
John Hammerstrom
There are programs available for Macintosh computers. To name a few: Investor/RT (www.linnsoft.com), BeeSoft, TrendVue, and MacChart. In fact, I came across a Technical Analysis For Macintosh Users forum on Silicon Investor (https://siliconinvestor.adv fn.com/subject.aspx?subjectid=12409). You'll find many traders who are in a situation similar to yours.
You could also try browsing through the software listing in our Traders' Resource database at our website, www.traders.com. You can sort by platform before browsing.--Editor
MARKET PROFILEEditor,
We are subscribers and I was looking for reviews on Peter Steidlmayer and his Market Profile program. My husband and I have been trading for several years with a neuro system he developed and we are now looking for a commodities program that will help with the get in/out timing. Any suggestions?
Sue Swihart
We have, in past issues, published articles related to Market Profile (a registered trademark of the Chicago Board of Trade). In the December 2007 issue we interviewed Jim Dalton of DLS Profiles, Inc. (www.marketsinprofile.com), who is a firm believer in Market Profile. Donald Jones of Cisco Futures (www.cisco-futures.com) is another expert on the subject.
Here are some articles to mention from our archives:
"Market Profile Basics"
by Jayanthi Gopalakrishnan
(December 1999, V. 17:12)
Every off-floor trader would like to get a feel for how things really are on the exchange floor. Mastering Market Profile may help you get it."Daytrading With Market Value"
by Donald L. Jones
(May 2005, V. 23:5)
Markets are complex, self-regulating, and driven by feedback. The message is clear: Decipher the feedback to understand your market."The Profile Analyzer," review
by John Sweeney
(February 1999, V. 17:13)"The Auction Market Theory"
by Donald Jones
(June 2002, V. 20:6)
Thanks to the Internet, even when you are far removed from the floor of the exchange, you can still hear what the market is saying."The Development Of A Futures Trader"
by Thomas Drinka, Nathan Losey, and Ryan Lauer
(November 2005, V. 23:11)
Here's a look at the trading methodology implemented by two futures traders. By using Market Profile, they successfully traded the emini."Market Profile Exotics"
by Jayanthi Gopalakrishnan
(January 2000, V. 18:1)
In this followup to last month's article on Market Profile, we go beyond Market Profile to determine price movements. Here's a look at the Liquidity Data Bank, which helps traders detect price movements early."Auction Market Theory And The Longer Time Frame" by Donald Jones
(July 2002, V. 20:7 (32-40)
Knowing when market conditions change will put you ahead of the crowd."Developing A Model With Auction
Market Theory" by Donald L. Jones
(November 2002, V. 20:11)
Here's an intraday trading model that uses auction market theory.
EDUCATION IN TECHNICAL ANALYSISEditor,
I'm looking to take courses in technical analysis in Brooklyn, Manhattan, or Spring Valley, NY. Can you help?
Also, do you know of any private lessons I can take with a professional trader?
Morry Weiss
Several universities in New York City offer finance courses and programs, including the New York Institute of Finance (www.nyif.com), Pace University (www.pace.edu), and New York University (www.nyu.edu). Visit any of these schools' websites for a course listing. The Nyif in particular has a selection of technical analysis coursework and is the publisher of a number of books.
As for private tutoring, several providers advertise their services in this magazine. Look in the Advertising Index on page 90 under "Courses/Seminars," or look in our classified ad section under "Educational Services." In addition, in the Traders' Resource section beginning on page 84 in this issue, we feature a "courses and seminars" listing. In our July 2008 issue, we published an interview with Bill Williams and Justine Williams-Lara, who offer private tutoring/coaching out of California.--Editor
Back to September 2008 Contents
Originally published in the September 2008 issue of Technical Analysis of STOCKS & COMMODITIES magazine. All rights reserved. © Copyright 2008, Technical Analysis, Inc.