Hamao And Hasbrouck-Securities Trading In The Absence Of Dealers – Trades, And Quotes On The Tokyo
This paper investigates the behavior of intraday trades and quotes for individual stocks on the Tokyo Stock Exchange (TSE). The TSE has no designated market makers and is further distinguished by daily and intraday price limits and conversion to limit orders of market order portions that exceed the size of the current quote. We examine […]
Cornflower-Method
Download Cornflower-Method : Cornflower is based on the principle that trades should be taken when thesame trend presents itself on multiple timeframes. On an hourly chart, the 24 EMA obviously defines the daily trend. The 8 EMA, which is one-third thelength, shows the intraday velocity of “fast” money. A 12 EMA shows the […]