Stress-Free Trader (The Lawrence Chan Blog)
Full time index & forex trader, occasional consultant to hedge funds / institutions, my work leads to my not so normal view of the financial markets. My blog mostly talks about trading, market behaviours and other musings.
Originally this blog is supposed to be organized in a separate website like what most authors do but I don’t think I will maintain it properly that way. So here it is as part of this website.
Schedule – Regular blog post every Friday with occasional additional posts when I feel like ranting.
In case you are curious of what I do outside of blogging here:
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WTF Chart of the Day: Twitter Fun
2013 Dec 30 Mon 16:03:20 | by
Where did Twitter landed this December 2013?
1. Left side range expansion levels based on first month range
2. yellow highlight support at 50% expansion
3. green highlight is 200% absolute range expansion, measured move target (the green trend lines) and 200% range expansion target
4. pink highlight is previous swing high and 100% expansion target
Even for a stock that is supposed to be moving unpredictably as labelled by the mainstream media, it is actually following the rules of price movement.
One Simple Trick To Improve Your Internet Connection
2013 Dec 28 Sat 12:34:12 | by
There are times when our internet connections are so flaky we feel like pulling our hair out. Yet, the Internet Service Provider (ISP) almost always say that the connection is find and that your problem is likely caused by connecting to a site that is not working. Yeah, I know – ISP are great at providing all kinds of excuses that way. Not surprisingly, one of the most common causes of internet stability is your ISP.
In fact, it is their broken Domain Name Server (DNS) that gives you the misery.
I am going to show you how to solve this problem easily once and for all.
DNS In Laymen’s Term
DNS is like the phone book for the internet. All the web pages you are browsing contain literally thousands of pieces of pictures, text, video, etc. Each one has its storage location identified by a name or IP address. These names has to be resolved into an exact address so that your computer can get the data from the right place on the net.
In short, DNS is a necessary core service on the internet to allow your browsers and other net applications to function properly.
ISP’s DNS Are There To Save Them Money
DNS information is copied everywhere from the main switching center of the internet so that there is no need to request data from far away connections. Majority of the ISPs have their own DNS because they prefer your computers to lookup the data locally to save them the bandwidth cost of getting these data remotely. It works very well in the old days when most of the end users are using slower internet connections. The users have better usage experience due to better response time from the local DNS. It was a win-win solution.
Nowadays, when many end users are using high-speed internet, these local copies of the DNS become a problem themselves. Many ISPs are not famous for being good at maintaining computer servers. Hence their computers used as DNS are often overloaded and crash easily. When your internet connection is pointing at your local ISP’s DNS when it is not working properly, you will feel like the internet is broken even though you could have a perfect connection all along.
Symptoms Your ISP’s DNS Are Not Working
If you can get to a major site like yahoo, msn or google pretty quickly, it confirms your internet connection is working.
Knowing that your internet connection is functional but access to other sites resulted in broken text and missing pictures confirms your ISP’s DNS could be the issue.
To resolve this problem, you need to change your DNS to ones that work.
Notice that technical support of your ISP will never tell you try this solution because of the reasons stated above. Do this at your own risk.
Google’s Famous 22.214.171.124 Is An Acceptable Solution
The most common suggestions on the net is to replace the DNS server setting from obtaining it dynamically from your ISP, to a static setting of 126.96.36.199 and 188.8.131.52.
These 2 DNS are provided by Google where anyone can connect to.
Over the years, however, it is clear that due to the non-profit nature of these servers, they do go down quite often comparing to the for-profit services from Google.
The Lesser Known DNS 184.108.40.206 From Level 3 Is A Better Solution
There is a lesser known DNS available from Level 3 communications. The addresses range from 220.127.116.11 to 18.104.22.168.
These DNS are better because Level 3 is one of the major backbone of internet in the United States. Their DNS are better maintained as many ISPs depends on them.
The second reason why Level 3′s DNS are better is that Level 3 makes money from internet traffic. They do not mind you accessing their DNS. When you do so, the traffic you send to them adds to their bottom line. They have more incentive to keep their DNS working, so that you use more internet, than your ISP, who prefer you pay them yet not using your service.
There is a third reason why connecting to Level 3′s DNS is better – speed. Since it is likely your internet traffic somehow must go through their backbone before reaching the destinations, your computer is likely to be physically reaching the Level 3 DNS first before getting to Google’s DNS. This difference improves the overall response time a lot.
Of course, if you are connected to the Google’s DNS directly, like you are physically located near their servers, your computer may reach there faster.
If your ISP is famous for messing up their own DNS (like mine), change your router and laptops to use static DNS at 22.214.171.124. It can be a solution to save you countless hours of frustrations from internet problems. I am sure you will get better internet usage experience immediately.
Google Autocomplete Humour: Portals and Search Engines
2013 Dec 26 Thu 12:04:56 | by
Why do people search for these things?! LOL
Market Internals 2013-12-23
2013 Dec 23 Mon 19:08:38 | by
Monthly update on market internals.
The current snapshot of S&P 500 3-Day Advance Issues, Tick16 Short Term + Long Term as of 2013 Dec 23 close.
Got the rally I was looking for since the last update.
Once we got Short Term Tick16 registered overbought, we had the sharp pullback expected into mid December.
The pullback led to Short Term and Long Term Tick16 stuck together below neutral produced a breakout setup.
We are in the upside breakout run right now.
1. Long Term Tick16 (yellow line) getting close to neutral zone from below is neutral.
2. Short Term Tick16 (red line) right below neutral zone without a clear direction is also neutral.
3. 3-Day Advance Issues (green line) produced a new high confirmed by new high in S&P is bullish.
a. #1 produces no useful reading
b. #2 produces no useful reading
c. #3 bullish short term
Long Term Outlook
Rally will likely continue into new year. Strength in 3-Day advance issues will drag Short Term Tick16 higher.
That, however, will make this rally very over extended by time to the upside with risk of a very sharp pullback.
Be carefully with long when Short Term Tick16 is back up to overbought area again.
Google Autocomplete Humour: Trading
2013 Dec 23 Mon 11:39:25 | by
Presented with no comments. Enjoy!
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