Recent content by pjones2012

cvds16, Thank you for your post and the heads up. How illiquid is it? Just your mentioning it means to me that it would be a challenge for traders with large positions . . . would it also pose a problem for small positions . . . in your opinion? Could you elaborate? cvds16 -...

I am looking for a little guidance if anyone knows of a futures broker with reasonable fees and margin requirements for the . . . E-Mini FTSE / Xinhua China 25 . . . futures contract? It appears that Interactive Brokers does however from what I can tell they have high margin...

I was looking at the March 2009 European DJ STOXX 50 Futures (FSTX) chart. On February 26, 2009 (at 3:55 PM) on the 1 minute charts the contract was trading at 1764. Then on the consecutive minute bar (which shows a date of February 27, 2009 (at 2:01 AM)) on the chart the price spiked to...

I want to take this opportunity to thank Elite Trader (awesome website) and the elite traders: Surdo, Jaysal555, SpecialPerson . . . for taking the time and effort to provide this assistance to not only me but to others who read this thread. I like all their ideas and will...

SpecialPerson - special thanks to you for you response and consideration. I am pursuing a quick study of options - puts and calls - so your "synthetic put / call" suggestion is going over my head at the moment. I like the sound of it. Again I must plead ignorance here. If I were to...

Surdo, I like it - Thanks. What I like is that appears to be uncomplicated to implement. On my charts, I am not yet picking up activity on the 09/09 YM or ES contract - is this right anyone? This could change in a couple weeks I suspect. However the same concept would work now with...

Jaysal555 Thank you for your response and suggestion. It looks as if you gave two (02) great suggestions to use in singular or possible in combination. 1. The first suggestion I am understanding pretty well I believe. The "spy" appears to be a S&P 500 etf with great volume and...

Surdo - Many thanks to you for your response and suggestion. Unfortunately I have to plead ignorance. I am not exactly sure what you are suggesting. I speculate that it could potentially mean: 1. Spread establishing my position in stages as my position proves positive - i.e. 30%...

I am interested in trading the YM and the ES. I am not wanting to pursue a scalping strategy, but rather a larger longer term move at market pivot points (market trend reversal and continuation points). I am considering using a 10% stop loss at entry points. For this position (or...

Thank you for your response rcj! Incredible - once again I post a question (even in the early morning hour) and within minutes I get the answer. Elite Trader and its traders are surprisingly amazing! Within your first sentence - the perspective I needed clicked the second I read it -...

Thank you for your response Stosh! This Elite Trader site is awesome! Within minutes of posting a question I get a quality answer. Now my follow-up question - if I may. If the next trading day starts at 3:30 PM C.S.T., then help me understand and put into perspective the following...

When I look up the trading hours for the YM and the ES I get the following: Monday - Thursday: 3:30 PM to 4:30 PM (C.S.T.) and 5:00 PM to 3:15 PM (C.S.T.) the next day. The shut down period is 4:30 PM to 5:00 PM. (C.S.T.) Sunday and Holidays 5:00 PM to 3:15 PM (C.S.T.). My...