Toni Hansen's Online Trading Blog

Sunday, April 6, 2008

Broker, Trading Platform, and Indicators

Questions:

Hello Toni,

I have tried several "systems" without results. Therefore I am leary in entering others. But there is curiosity:
What commodity broker do you use?
Do you use their trading platforms?
What indicators do you use?

Thanks!

Answer:

Hello,

I use Interactive Brokers for my brokerage firm for both commodities as well as equities. I do not use their charting platform, however, since it's still rather limited. Instead I use Real Tick from Townsend Analytics.

In terms of indicators, I use very few. I rely primariily upon price and volume activity. When trading EMinis I will refer to the Fibonacci retracement levels. I often will use a 20 and 200 simple moving average intraday as well. On a daily time frame I will add a 10, 50 and 100 day sma. These are the only indicators I use.

All my best,
Toni

Links to a series I wrote on Fibonacci:

Part 1: http://www.tradingmarkets.com/.site/stocks/how_to/articles/-75282.cfm
Part 2: http://www.tradingmarkets.com/.site/stocks/how_to/articles/-75657.cfm
Part 3: http://www.tradingmarkets.com/.site/stocks/how_to/articles/-75988.cfm

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