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WorkingwiththeRSI

b J by John h H Hayden d

POINT July7th 2010

OurGoals
Anunderstandingof:
1. Thenatureofthemarketplace. p 2. Thedeterminationofthedominanttrend. 3 Theendofacontratrend, 3. trend allowinga:
Newentryinthedirectionofthedominanttrend. I Increasing i ourposition i i size. i

4. Theuseofatrenddeterminationchecklistwith preciserulesfortrendidentification.

Increasing gourprofitability! p y

Whatisthenatureofthestock market?
If fthe h marketplace k l wassaliving li i entity i named d MissMarketwhatinformationdoessherequire t live? to li ?
Orderflow(buyandsellorders).

DoesMissMarketknowanythingelse?
No,sheonlyunderstandsorderflow.

OnceMissMarkethasprocessedthe informationcontainedwithintheorderflow,isit stillvaluable?


No,ithasbeendiscounted.

Miss MissMarket Market &Google


An A E Example: l
Jan12010,thereare100tradersinChinathatknowthatGooglewill nolongerbecomplyingwiththeircensoringarrangementofthe ChineseCommunist. Communist DoesMarketknowthisnow(1/1/2010)?No.Why?These100 tradersarenotactingonthisknowledge yet. Asthese100tradersbeginselling(1/5/10)Miss MissMarket Marketbeginsto understandthattheorderflowfromChinaisbearish. Thevalue ofMissMarketsknowledgedecreases assheseesever increasingamountsofsellsenteringintohersystem.
Ifyouareluckyyouheararumor(Jan12)andcantakeaction(remember buytherumorandthensellthefact).

Onceall oftheorderflowisdonetheknowledgehasbeenwidely d disseminated dand disworthless hl (Jan ( 29). ) Onlythenwillyouread(March13)abouthowGoogleisindeed quittingChina.

Markets Market s Knowledge


Mi Market Miss M k tis i awareof fbearish b i horder d flow: fl Market M k thas h fully f ll digested di t dGoogle G l vs.China Chi knowledge k l d is i worthless.

UnderstandingMiss MissMarket Market


Consider C id the th following f ll i
HeavysellingfromAsiaisimpactingaparticularstock
Astoryisbeingcommunicated.

Whatisthestory?>WhatinformationisMissMarkettellingyou? Hint:themarketreactionisreflectingtheinformationleftbehind.
Price somepricescanbebearish,somebullish pendinganalysis
E.g.. E g 10yearTreasuryincreasingto1%yield bearishorbullish?Dependsright?

Volume
Fallingprices,risingvolumevs.fallingpricesandfallingvolume?

Timing
Isthisontheopening,closing,duringlunchorafterhours?

Marketcapvaluechange
Isvastamountsofmarketcapbeingwipedout?Ex.BP

T Technical h i lAnalysis A l i attemptstodetermine d i this hi information.

WhatistheStory?
Themarkethasknowledge translateit! Onceall oftheorderflowisdone
Istheknowledge&experiencelost No!!!
Itiscapturedinthehistory/RSIs!
Footprintsintime,readyforunderstanding&interpretation

Tointerpret&understandinaprobabilisticframework.

Centralpointisthatthisinformationcantellyoualot aboutyourobjective/prey Retracing R t i price, i volume, l time ti &economic i value l change h


Whatarethetools?Computers,technicalanalysis,news,horoscopes,palm readers,tealeaves,moonphases,etc..

WhatisTechnical TechnicalAnalysis? Analysis ?


Isthis hi i it? ?

Isthis"Technical TechnicalAnalysis Analysis? ?


Trendline's dl ' &Patterns

Isthis"Technical TechnicalAnalysis Analysis? ?


AProgram:AMath hFormula: l

inputs: FastLength(3), SlowLength(10), AlertLength(14), ColorNormLength(14), UpColor(Yellow), DnColor(Red), GridForegroundColor(Black); variables: ApplicationType(0), ChaikinOscVal(0), AnyVol(0), ColorLevel(0); ifCurrentBar =1then ApplicationType =GetAppInfo(aiApplicationType ); ifBarType >=2then AnyVol =Volume else AnyVol =Ticks; ChaikinOscVal =ChaikinOsc(AnyVol,FastLength,SlowLength ); Plot1(ChaikinOscVal,"ChaikinOsc"); Plot2(0,"ZeroLine");

ThebeginningsoftheBlackScholes model: Define S,thepriceofthestock. V(S,t),thepriceofaderivativeasafunctionoftimeandstockprice. C(S,t)thepriceofaEuropeancallandP(S,t)thepriceofaEuropeanputoption. K,thestrikeoftheoption. r,theannualizedriskfreeinterestrate,continuouslycompounded. ,thedriftrateofS,annualized. ,thevolatilityofthestock;thisisthesquarerootofthequadraticvariationofthestock's logpriceprocess. t atimeinyears;wegenerallyusenow=0,expiry=T. ,thevalueofthe portfolio. R,theaccumulatedprofitorlossfollowingadeltahedgingtradingstrategy. N(x)denotesthestandardnormalcumulativedistributionfunction.

N'(x)denotesthestandardnormalprobabilitydensityfunction.

TechnicalAnalysisis:
Anattemptbyatradertosimplifya complicated p reality. y Anattempttoquicklygrasptherealityof whatwearefocusingourattentionupon. upon Technicalanalysisbindsthetradertousing numbers heisnotpermittedtousenon subjectivecriteria.

TechnicalAnalysisis:
Technicalanalysisisthecreationofa mathematicalconstructbasedupon p multiple p factorsinatimeseries,whichallowsour mindstoquicklygrasptherealityofthe situation.

MakingMoneywithTechnicalAnalysis
Rememberthenatureofthemarket itonly valuesunknowninformation. information
Thisiswhytradingwithjust movingaveragesorjust candlestickswillput youinthepoorhouse!Usingmovingaveragesdoesnotrevealunique information. InotherwordsMissMarkethasmadethesemethodsineffectivebecause theyarewidelyknown.

Unique&UnknownInformationRequiresthat:
YourmathematicalconstructMUSTbeunique! OR YourinterpretationofanonuniquemathematicalconstructMUSTbe unique.Thisisourgoal!

Doyouwanttheredpillorthe bluepill?
H Howdeep d do d youreally ll wanttogodown d this hi rabbit bbi hole? Ifyout take k th the red dpill illyouwill illseereality. lit However H thereisnobottom,noexotericmathematicalformula thatwillevergiveyouthecertaintyyoudesire desire. Ifyoutakethebluepillyouwillremainignorantof reality. reality .Yourlifewillbemuchsimpler. Ineithercaseyourprofitabilitymayormaynotbe stellar. Thereisnocorrectanswerregardingthis.Itsa personaldecision. p

TheGoalofTechnicalAnalysis
Thediscoveryofuniqueinformation. Theforecastingofthemoreprobableevent. event . Intheenditisthedesiretodecrease uncertainty, i and dincrease i profitability. fi bili Istheability ytohearMissMarketbefore everyoneelse.

DefinitionofaProfitableTrader:
Th Theyinterpret i t tmarket k ti information f ti b better tt ( (and dearlier) li ) thanothertraders! Theymusthavetheabilitytogaintheknowledgeof MissMarketbeforeshehasfullydiscountedthis knowledge. Atraderwhotakesprofitsandmin.loss. AtraderthatcangainMarketsknowledgeina predictablemanner, manner applyitconsistentlyandhave infinitenumberoftrades. skills Abilitytoapplyuniqueknowledge&skills. Atraderthathasalotofselfdiscipline.

DefinitionofaProfitableTrader:
Youmusteitherhave:
Insideknowledge g oftenillegal. g Uniqueknowledge notillegal.

You Y must tact t onthis thi knowledge! k l d !

TheRelativeStrengthIndex(RSI) byW.Wilder
Createdin:1978 Averywidelyusedindicator. Availableinalmostallchartingapplications. Itisamomentumbasedindicator,basedupon theuseofatimeseriesofp pricedata. ItistheonlypublicindicatorIstilluse.
However,Iuseitinaveryunconventional lway.

TheRelativeStrengthIndex(RSI) byW.Wilder
Itis i ab bounded d di indicator di (0to100). 00) Itsvalueisbaseduponthemomentumoftheratioofhigherclosestolower closes. ItisimportanttorememberthattheRSIvalueactslogarithmically.Asitsvalue approachesitsupperorlowerboundsitmoveslessinrelationtothemovementof theunderlyingprice.

Bullish&BearishDivergence
A Anymomentum t based b dindicator i di t will illh havei instances t where h theindicatorunderperformspricebehaviorcreatingeither abullish/bearishdivergence.
Inotherwords,ifpriceactionismakinganewlow(alowerlow)but yetthevalueoftheindicator(RSI)isnot makingnewlowsthenwe cansaythatthebehavioroftheRSIisdiverging fromthatofthe pricebehavior,i.e.itsunderperforming. Ifthisdivergingbehaviorisseenwhilepriceismakingnewlows gaBullishDivergence. g thenitissaidthattheRSIisshowing Likewiseifthebehavioroftheindicator(RSI)isdivergingfromprice actionaspriceismakingnewhighsthenitissaidthattheRSIis gaBearishDivergence. g showing

BullishDivergence
ABullish ll hDivergenceimplies l a Bull llmarket k yes? ?

BearishDivergence
ABearish hDivergenceimplies l a Bear market k yes? ?

#1onourTrendDeterminationChecklist:

Bullish&BearishDivergence
Remember R b that: th t
BullishDivergences comeinaBearMarket! Bearish BearishDivergence Divergences s comeinaBullMarket! Adivergenceisonlyadetourintheprimarytrend.Itis indicatingacontratrend. Thesmallertheperiodisbetweenthebars themore significantthedivergencebecomes!

Proveittoyourself:
IdentifyalongtermBulltrend,thenlookforabullish divergence therearenone! IdentifyalongtermBeartrend,thenlookforabearish divergence therearenone!

MovingAverages
Amovingaverageisbasedonpastpricesand defines the current trend,butdoesnotindicate thefuturetrend. Itisveryeffectiveatremovingnoise, noise ,oraprice whichexceedsonestandarddeviationfromthe datastream. stream Becauseoftheirmathematicalformulathereisa time i lag l f fromwhen h prices i change h direction di i and d themovingaveragechangesdirection.

CommonMovingAveragesFormulas Formula s
Thereareseveralmathematicalconstructsusedbytraders. Themostcommonare:

SimpleMovingAverages(SMA)
Calculatesthetotalclosingpriceoverndaysthendividebyn.


WeightedMovingAverages(WMA)
Calculatedbyassigningavaryingweighttoeachclosingprice overpriorndays,thenobtaintheaverage.Theweightisgreater f for yesterdays t d close l vs.and dthe th decreases d arithmetically ith ti ll to t zeroon thenthday.


E Exponential i lM Moving i Average A (EMA)


Calculatedsimilarlytotheweightedmovingaverage,howeverthe weightassignedistotheentiredataseriesisdoneexponentially.

UsingMovingAverages
Placea9periodsimplemovingaverageonthe close, ,andanotheroneontheRSI. Placea45periodweightedmovingaverageon theclose close,andanotheroneontheRSI RSI. Arrangethepanelssothatthepriceactionin onthetoppanel,andtheRSIpanelisonthe bottompanel.

UsingMovingAverages

#2onourTrendDeterminationChecklist: Fast&SlowMovingAverageTrends
We W candetermine d t i 2types t of ftrend t dusing i moving i averages.
FastTrend:Whereisthevaluewhichisbeingcalculatedin relationshiptothefastmovingaverage(the9periodSMAin this h instance)? )?Inother h words d isthe h close l above b the h SMA,or belowit?
Aboveit=Uptrend. Belowit=Downtrend

SlowTrend:Whereisthefastermovingaverageinregardsto theslowermovingaverage?
Ifthefastermovingaverageisabovetheslowerthenitsauptrend,or viceversa. GenerallyIwillsaythatthemovingaverageshavegonepositive(the f t is faster i above b the th slower), l ) orthat th tthey th have h gonenegative ti (the (th slowerisnowabovethefaster).

DisadvantagesofMovingAverages
Thatthereisasignificanttime lag inmovingaverages. Thateverytraderintheuniversehasaccesstothesamemoving averages no unique information. information Combiningmovingaveragesondifferentindicatorsin j withp priceandthenusing gthemtogether g isnota conjunction significantuniqueadvantage. Theonlywaytousemovingaveragestoyouradvantageisto useamoving i averagewhich hi his i constructed duniquely i l unfortunatelytheseareveryexpensiveandcomputationally intensive.

Bull/BearRSIRange Ranges s
Forgeteverythingyouhaveread,hereisthe realdeal:
IftheRSIisabovethe60level,thebullsarein charge! ThebullsstayinchargeuntiltheRSIgoesunder the40 40 level. level Whenthishappensthebearsarein charge. The Th cycle l repeats t onceth theb bulls ll managet toget t thecloseabove60.

Bull/BearRSIRange Ranges s
TheBullishRSIRange:40to80 TheBearishRSIRange:60to20 Remember:
ThattheRSIbehaveslogarithmically astheRSI becomesoverboughtoroversoldittakesan increasingdrasticpricemovetomaintainthose RSIlevels. TheRSIcanbecomeoverbought/oversoldandstay gtime! thereforalong

Bull/BearRSIRange Ranges s

#3onourTrendDeterminationChecklist:
WhatisthecurrentRSIRange? TrendisupwhentheRSIrangeis:40to80 TrendisDownwhentheRSIis:60to20

DefinitionofaTrend
DefinitionofaUpTrend:
HigherHighs&HigherLows&mostimportantlywhat wasResistanceisNowSupport.

DefinitionofaDownTrend:
L LowerHighs Hi h &Lower L Lows L &mosti importantly l what h wasSupportisNowResistance.

MomentumDiscrepancyReversal Points(MDRP)
Thi Thisconcept tIlearned l din i 1996in i aseries i of fseminars i byAndrewCardwellaC.T.A(atthetime).
Mr.Cardwellofferedliveseminarscoveringmanyaspects oftechnicalanalysisnotcoveredinanybooks.Oneofthe manyconceptshetaughtwaswhatInowcallM.D.R.P. Mr. Mr Cardwellwasinturnintroducedtotheconceptofthe RSIgeneratingbuy/sellsignalswhilehewasworkingasa futuresbrokerbyaclientofhiswhotradingporkbellies.

TheconceptappliestoANYmomentumbased indicator. Onceunderstood, understood youcanuseamathematicalformula togeneratepricetargetsandarisk:rewardratio.

DefinitionofaMomentum DiscrepancyReversalPoints(MDRP)
Inanymomentumbasedindicatorthereareinstanceswheretheindicator overperforms(orexceeds)pricebehavior(theoppositeofadivergence whichunderperformspriceaction). Inotherwords, words ifpriceactionisnot makinganewlowrelativetoa previouslowi.e.,ahigherlow,yetthevalueoftheindicator(RSI)is makingalowerlowvisavisthepreviouspricelowthenwecansaythat thereisadiscrepancyinthebehavioroftheRSI.Thisistheoppositeofa divergence. Ifthisdivergingbehaviorisseenwhilepriceismakingahigherlowandyet theRSIismakingalowerlow,thenitissaidthatthereisabullish discrepancyintheRSI RSI.Thisisoftenapointintimewherepricesthen reversehigheri.e.,aMDRPBuy signal. Likewiseifpriceismakinglowerlowsandyetthebehavioroftheindicator (RSI)ismakinghigherhighs, highs thenwecansaythatthereisabearish disprepanceintheRSI.Sincethisisoftenapointintimewhereprices reverselowerwecallitaMDRPSell signal.

AnExampleofaMDRPBuySignal
Alow l close l ( (point i tA) A),f followed ll dby b increasing i i prices, i then th followedbydecliningpriceswhicharestillmorethantheclose atpointA. Now N comparethe th current tRSIvalue l t toth that tat tpoint i tA is i the th RSIvaluelower?Ifsothenwehaveapotential MDRPBuy signal. Ifafter ft aperiod i dof fdeclining d li i closes l weget taupclose l (point ( i tB) theRSIwillalsoincrease,creatingahook.IftheRSIvalueatthe low(thedaybeforethehook)islessthanpointAandtheprice isgreaterthenwehavealockedinMDRPBuysignal. signal Wecandeterminetheupsidepricetargetoneitherthe potentialorlockedinsignalbytakingthedifference betweenpointsAandBandthenaddingittothehighestclose betweenpointsA,B.

MDRPBuyChartofGLD GLD
AnExampleofaMDRPBuyonGLD10/28/09
Wehaveanewlowon9/25/10@97.00(A) Followedbyarallytoahighcloseon 10/13/10@104.26 104 26(C). (C) Followedbyadecent(B)to10/28/10@100.73 NotetheBearDivergence. Target a get=(B ( A) )+C 107.99=(100.73 97.00)+104.26 NotetheRSIvalueatBwas48.85 indicatingthebullswerestillincharge. Ifweenteredabulltradewhenthe high(97.81)ofthe25th wasnegated andweusedthelowofthe25th (96.77)as ourexitstop pthenourriskwas$1.06 $ (96.76 97.82). Yetourtargetedgainwas$3.73givingwas arisk:rewardratioof1:3.5 notabadratio!

MomentumDiscrepancyReversal Points(MDRP)
Things Thi t toR Remember: b
ThestrengthofaMDRPsignaldependsuponthenumberof bars(timeperiods)betweenpointsA&B.Theshorterthe b better. Inother h words d aMDRPBuysignal lwith honly l 1bar b (2 ( periods)ismuchstrongerthanaMDRPBuywith20bars betweenA&B. MDRPreversalpoints(B)arealwayssignificant support/resistancelevels regardlessifthepricetargetishitor not. Thepricetargetisvalidatedonlywhenthecloseexceedsthe targetedlevel(anintradayhigh/lowdoesntcount). AMDRPsignal g whichfails(price (p target g isnothit) )isjust j as significantasasignalwhichworks. ThepriceatpointBisalwaysimportant.Itwillbecomefuture pp orresistancedepending p gupon p thetrend! support

MDRPSellChartofMON)
AnExampleofaMDRP SellonMON
Wehaveanewhighon1/19/10@81.42(A) Followedbyadeclinetoalowclose(C)on 2/8/10@74.21 Followed F ll d b byarally ll tohi high hclose l (A)2/17/10@78 78.10 10 NotetheBullDivergenceatC. Target=(B A)+C 74.21=(78.10 81.42)+74.21 NotethelowRSIvaluejustpriortoCwas 28.75indicatingthebearswerenowincharge. Ifweenteredabeartradewhenthe lowofthe17th (77.61)wasnegated and dweused dth theWMAof fthe th 17thth (78.80) (78 80)as ourexitstopthenourriskwas$1.21 (77.60 78.81). Yetourtargetedgainwas$3.39givingwas arisk:rewardratioof1:2.8 notabadratio! Note:WeusedtheRMAvalueinsteadofthehigh ofthe17th asthehighwas78.49veryclosetothe RMA.

MomentumDiscrepancyReversal Points(MDRP)
Remember:
ThattheMDRPisNOTlooking gforatop pora bottom. TheMDRPislookingfortheendofacontra trend,allowingyoutoenterintoatradewitha highrewardtoriskratio ratio. ThebestMDRPsignalsare:
Wh Wherethe th period i dis i small. ll Thefirstsignaloppositetheprevioustrend.

#4onourTrendDeterminationChecklist: WhatMDRPSignalsareweseeing? IfweareseeingMDRPBuySignalsthenthe maintrendisUP. Ifweareseeing i MDRPSell S llSignals Si l then h the h maintrendisDOWN.

TrendDeterminationusingtheRSI BullMarket
AB Bull lltrend di isyourfriend! f i d! Step#1:AreweseeingBearDivergences? Step#2:Whatarethemovingaveragestellingus?
Whatarethemovingaveragesonpricetellingyou?Ideally b ththe both th f fast tt trend d ( (close l >SMA)and dth theslow l t trend d (SMA{close}>WMA{close})arebullish. WhatarethemovingaveragesonRSItellingyou?Ideally boththefasttrend(RSI>SMA)andtheslowtrend (SMA{RSI}>WMA{RSI})arebullish.

Step#3WhatistherangeoftheRSI?Isit40to80? Step#4AreweseeingonlyMDRPBuys?

TrendDeterminationusingtheRSI BearMarket
ABear B trend di isyourfriend f i d( (evenmoresothan h ab bull)! ll)! Step#1:AreweseeingBullDivergences? Step#2:Whatarethemovingaveragestellingus?
Whatarethemovingaveragesonpricetellingyou?Ideally b ththe both th f fast tt trend d ( (close l <SMA)and dth theslow l t trend d (SMA{close}<WMA{close})arebearish. WhatarethemovingaveragesonRSItellingyou?Ideally boththefasttrend(RSI<SMA)andtheslowtrend (SMA{RSI}<WMA{RSI})arebearish.

Step#3WhatistherangeoftheRSI?Isit60to20? Step#4AreweseeingonlyMDRPSells?

Trendlines Trendline sbaseduponMDRP


Significantly f l Valid l dTrendlines dl canbe b drawn d based b duponMDRPpointsA andB.

TrendDeterminationusingtheRSI
What Wh S Symbol b li isthis? hi ? BearorBull?

TrendDeterminationusingtheRSI

TheOnlyDivergencethatworks! works !
AHidd HiddenDivergence Di Signal! Si l! ItisnothingmorethataDivergenceinthemiddleof th chart! the h t!Itis i hidden hidd because b most ttraders t d only l l look k foradivergenceatthetoporbottomofthechart. Theywork work becausealmostallofthetimetheprice willdoexactlyasthenameimplies! Rememberthattheystillfollowthesameruleasa regulardivergencei.e.,BullishDivergencescomein aBearTrendandviceversa! Lookatthepreviouschart thehiddenbearish g arehighlighted. g g divergences

MDRPs MDRP sareeverywhere!


Everymomentumbasedindicatorhas divergences g andMDRPsignals! g InvestorsBusinessDailyinThursdaysedition lookingatcommoditycharts. charts Stochastics MACD ROCand dsoon.

ClosingThoughts
Using U i RSITheory Th wecan:
1. 2. 3.

MaketheTrendOurFriend. Wecanidentifythetrend usingourrules. Wemustthepatiencetowaitforacontratrendtoappear.


WepatientlywaitforthemomentumoftheRSItooverextenditself(the rubberbandisnowtaunt)visvisapreviouspriceanditscorrelatedRSI value. Onlythendowegofishingforthatbullorbearfish.

4.

Ourprotectivestop(pukeuppoint)isknowntousatthetimeof entry yallowing gustodefineourrisktorewardratio, ,andifwe actuallywanttogofishing.

OurgoalisthediscoveryofUniqueKnowledge! Beingthefirstwiththisknowledgeisouredge! edge ! Rememberthatlargetraders(theelephants)always leave footprintsthatwecanusetoeitherfadeorgoalongwith.

ASounding SoundingBoard Board fortraders traders.


Itismyattempttosolvesometradingproblems. problems Inparticular:
Provideprofessionaltradersawaytosolvetheirproblemofsizingatrade. Provideawayforsystem/programdeveloperstochecktheirmethodologyagainstadifferent timetestedmethodology. Provide P id afair f i wayof fpricing i i search haservice i .

PlentyOfStocks.comprovidesadatabaseofvarioustrendindicators,buy/sell signals,andexitstrategiesallbaseduponuniquemathematicalconstructs. Complimentsatradersuniqueapproachagainstmyapproach asanitycheck? RegisteredusershaveaccesstoafreehistoricaldatabasewhichincludeMDRP signalsandothermuchmoreadvancedindicators.Theonlylimitationisthatno dataisprovidedwhichismorerecentthan30daysago.Registeringisfree. Those h traders d who h wantcurrentd datamaysubscribe b b tothe h service. Accesstocurrent(todays)islimitedto100traders. Themonthlyfeeisdeterminedbyamonthlyauction.The100traderswithhighest bidwilleachpaywhatthelowestbidwas(outofthose100highestbidders). bidders) This pricestheservicemostfairly.ThisisthesameauctionusedinsellingTreasury debt.

Resources
Books:
The21IrrefutableTruthsofTrading:ATradersGuidetoDevelopingaMindtoWin,byJohn Hayden TheDisciplinedTrader:DevelopingWinningAttitudes,byMarkDouglas The Th Z Zurich i hA Axioms, i b byMax M G Gunther h PeaksandValleys:MakingGoodandBadTimesWorkForYou AtWorkandinLife,by SpencerJohnson

Websites:
RealClearMarkets.com Newsfortraders free,links. FirstVolgaInvestments.com WhereIpostvariousgraphsandcomments.

Newsletters:
TheGartmanLetter TheGartmanLetter.com TheGartmanLetter com

Programs:
ThinkOrSwim.com TradingPlatform TradeStation.com TradingPlatformandBrokers. DataSharks.biz DownloadFreeStock,Futures,andotherdatafromaroundtheworld. eSignal.com IndependentrealtimedataproviderofFOREX,Stock,Options,andFutures Data.

ContactInformation
John@FirstVolgaInvestments.com