Recent content by salp

I have daily communications with another futures trader for an exchange of ideas. He trades the CL and has disclosed his trading style to me. He uses either a 10 second or a 10 tick chart and then places multiple open order on both sides of the market. He insists that this method wins, and now...

Anyone agree with my double bottom on the FAZ ??

Chart -- you call it (FAZ 15 min)

double bottom on FAZ 15 minute chart -- my next play (not looking at the FAS chart)

5 minute chart really strange - looks like this is the top

Back to level II. UYG has 900K Ask at 4.11 and 80k bid at 4.10 Says going down ?? agree

Do the Level II quotes help anyone trade this pair?? If they do, could you please give me an idea on what part of the quote screen you find helpful -- thanks.

Anyone going to hold FAZ overnight?

send name/link -- good idea

If you'd like to share those picks, I'd be very happy. I just started the 5 week trial of VestorVect. They have an impressive track record over 20 years, and a massive, sortable database. I'll let you know what I think of the service when I come to a conclusion. I think we will continue to...

Anyone have and idea as to what's going to happen Monday Morning ??

Take a look at March 27, a Friday at 3:30 -- similiar to today - for a long entry into FAZ. If we repeat 3/27 - we will go up the FAZ until Monday, after 1PM. Sometimes, I re-play recent history

Thanks Haroki. 1 day trade left - why? Are you referring to the patent day trader rule ?

But, not to day trading. Why haven't I seen this tool before -- treating the FAS/FAZ combo like a straddle. I've read 3 pages of posts, but have not been able to figure out exactly what you are doing. Are you holding both and varying the quantities, or just buying one side at a time, them...