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    Seasonal spreads

    Hi Rosy2: Your spread CLU7 - CLV7 was directionless for the first 2 hours of this morning. It closed out strong confirming a bullish trend instead of a bearish one previously suspected. It's a good spread and I think the bullishness will continue. Just watch your stop and take a quick profit...
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    Seasonal spreads

    Hi Kahai: Always place your trailing stop at 200 points for the HOX7 - HOG8. The market closed yesterday at -0.0344 and hence, if you are entering at this price, then your stop should be at -0.0544. If the market moves up to -0.0255, your trailing stop will now be -0.0455. If your stop is...
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    Seasonal spreads

    Hi hrokling: That's ok. I've got all my money back plus a lot more. It's an experience I am trying to highlight to save some of you the agony of going through such. I just realized that we are mixing Electronic Spread Trading or Execution with Electronic Fill. They are different. Placing...
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    Seasonal spreads

    Hi Rosy2: I just found out the answer to your question. Interactive Brokers routes your order every which way they can to fill it. This means that if they did not succeed in filling the order electronically at Globex, they will go to the floor to complete the transaction. This in a way is...
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    Seasonal spreads

    Hi Hrokling: ELECTRONIC TRADING I hope I was not misunderstood. Electronic Trading is the future but it is not there yet, at least in the Agricultural Products which I trade a lot. There is a difference between trading 1 single contract and 25 contracts at a time. When you start executing...
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    Seasonal spreads

    It could possibly be. Find out from Interactive Brokers. If the contract is a Nymex contract, it could go either way, the floor or electronic. Quite a number of Spread trades are fungible, meaning they can be filled electronically or transmitted to the floor before being filled. It depends on...
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    Seasonal spreads

    Trading spreads electronically alone, that is without an IB back up is not a very good idea. Electronic trading is presently slower than using a good IB because most of the spreads are still traded mainly in the Pits. When you give your order electronically, it is transmitted to the Floor and...
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    Yen carry trade

    What exactly do you want to do? Are you trying to trade Forex or Currency Futures? They are not the same. If you are trading Yen in the Futures market, you have two options to make money while protecting yourself. 1. If the Yen futures prices are low and trending upward, you do a bullish...
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    Technical Analysis Doesn't Work

    Will You guys grow up. Based on all I have read so far, most of you are college Graduates and arguing like 11 year olds. It's all about bruised egos. Arrogance and big Egos are two of the most destructive traits in humans. The most powerful and most intelligent people are always humble...
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    Go back to school or continue trading

    Look for a university with WIFI all over campus and carry your Laptop with your trading software fully loaded. Also have a tape recorder. If you have some serious trading positions in the market while listening to the Professor, simply put the tape on to get the lecture while trading with...
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    Technical Analysis Doesn't Work

    The Premise of the Title of this article "This is a thread dedicated to the principle that Technical Analysis (by and large) has little to no value. " is wrong? Who decides the value of the TA? What is the value based on? Supposing I love Technical Analysis and just want to have fun analyzing...
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    TED spread

    The original TED Spread or T-Bill vs ED has been dead long ago. In its place are the T-Notes vs ED or T-Bonds vs ED. My question is what is your ultimate goal? If it is to make money in the Financials, then I'll advise you to trade ED - ED Spreads or NOB Spreads. They are easier to trade...
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