Did you guys know that TT is demanding that the futures exchanges pay TT a fee of 2.5 cents for EVERY TRADE placed on the exchanges?
Unbelievable but true: http://www.tradingtechnologies.com/patent-situation.aspx
Read "TT against the world", and "TT's open letter to the futures industry"
In that case why don't they flip the bid/ask sides so the ask is on the left and the bid is on the right to avoid a similarity. Or create a diagonal "ladder".
Either way, a double click requirement will not make IB's most active customer's happy and may result in less trading or customers...
The amount of volume per any time period reflects the pace of the market.
Higher volume periods of time correlate with more movement/volatility.
IMO for someone that scalps and trades intraday - it is essential to distinguish between the low volume and high volume periods of time and sit...
Thanks, Quotetracker has this indicator.
But it is very counter intuitive - it spikes the highest when pace is the slowest and doesn't register any value when pace is the fastest. I wish there was an indicator that showed the opposite: larger values for when pace is faster and smaller values...
What I like about time bars is that its easy to see when the market is likely to make big moves by looking at volume. The higher volume bars always correlate with larger moves in the market. And conversely, the market tends to grind sideways in a small range when volume is very low.
What...
#1 Always use a stop loss
Even if you don't like to use a stop loss you need to use a catastrophic stop loss.
#2 Always be aware of news/number releases and never have an open position going into any such release.
If you don't believe me just look at market action in ZB on 3/18 and NG...