Hi Rahul,
The Level 2 Quotes is applied to the US Stock Market only. There may be different kind of Quotes available for different market.
The remaining of what you mention can be found on a good charting software. For me I would like to use the most basic charting tools like trendlines, channel, Dow Theory, Flags, Volume, Fibonaci Retracements and sometimes Elliot Waves.
As for the Indicator, I would use MACD and Stochastic to determine the right time to buy and sell.
Before the entry, I will use the Level 2 Quotes to determine and to confirm the strength/momentum for the best entry/exit price.
I have a new blog written on L2Q at http://level2quotes.wordpress.com/ Please check it out on how L2Q can help to trade.
Alfred Chew
The Level 2 Quotes is applied to the US Stock Market only. There may be different kind of Quotes available for different market.
The remaining of what you mention can be found on a good charting software. For me I would like to use the most basic charting tools like trendlines, channel, Dow Theory, Flags, Volume, Fibonaci Retracements and sometimes Elliot Waves.
As for the Indicator, I would use MACD and Stochastic to determine the right time to buy and sell.
Before the entry, I will use the Level 2 Quotes to determine and to confirm the strength/momentum for the best entry/exit price.
I have a new blog written on L2Q at http://level2quotes.wordpress.com/ Please check it out on how L2Q can help to trade.
Please comment if any.
Regards.
Alfred Chew
http://mylevel2quotes.com/
Dec 20, 2007
TRAVEL
Dec 30, 2007
RELIGION
Jan 8, 2008