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I agree with trading the ESTX50 because of more flexibility. DAX does have the liquidity though, don't get me wrong. ESTX50 is a bit slower, the DAX can REALLY get moving at times. Depending on what you like, those are a couple observations that I have made. ESTX50 is VERY liquid and works with...

Wondering if there are any futures traders in the Ft. Lauderdale area ? I'm in West Ft. Lauderdale.

I agree and if it does not move price, it does not affect your trading.

Here we go again. Two days in a row now of HUGE lag in data from Esignal from Europe when there is a little volume swell. Totally ridiculous ! It stops one from trading. More than 15 seconds of delay and it last for 10 - 15 minutes. CAC40 is usually worse than DAX or ESTX. I have been sending...

I am very interested in what you describe here. I have always traded just on patterns but am finding it hard to have large winners over some small losers. I would think that buying/selling right at support/resistance would create a great risk-to-reward ratio. What would be the ultimate example...

Waiting for the BEST trade is an opinion that seems to be a very common insight from those who seem to have ben "at it" for some time trading as a suggestion to newbies and just a matter of fact for veterans. I myself am somewhat of a newbie and do understand the meaning of patience. Not that I...

ESTX50 and CAC40 trade with 1 point equaling 10EUR. I have never had fill problems trading 2 contracts at a time. ESTX50 is very liquid. I only trade from 4am to 7am east coast USA time (sorry for not calculating local time for ya) I have seen a 7:30am announcement time affect these markets and...

I have been trading European futures using ESignal data since early December 2002. I have found that until recently, the data has had ridiculously poor accuracy. At times, over 10 seconds of delay, impossible to work with for intraday traders. Since about the end of January I have seen a...

Awesome ! These last few posts (pages 7 - 10'ish) have really hit home on my original question/comment for this thread. Thanks. It seems the key (yes "key" again) points are: * Picking ( AND WAITING FOR!!!!) the right set up with the RtR that you want. * Allowing some breakeveness or...

Is anyone interested in my initial post for this thread ? There seems to be a LITTLE side chatter going on. Thanks.

Thanks for sharing your ideas. In reference to reducing position size, that is what I am discovering as one of the main adjustments that needs to be made. When trading only 1 contract there is no option of reducing size. When trading shares, of course any stop size can be adjusted to tolerance...

Kermit, I trade very common patterns. 3 main ones that I am trying to perfect (as good as one can perfect a market). Horzontal breakouts, 1st or 2nd pullbacks after a reversal/breakout and reversals like doubletop/bottom or HeadandShoulder top/bottom. I trade from setups on 5m charts...

Thanks for the posts so far. By the way, yes I meant risk to reward ratio. TECH ANALYSIS: With your ES trading and that type of risk/reward and winning percentage (was it 42% ?) are you doing this with standard patterns or some type of system ?

I've been daytrading futures now for about 3 months and there seems to be one major problem. I can recognize patterns, but there does not seem to exist often enough, a pattern with a 3 to 1 win/loss. The stops seem to be too wide and they seldom move 3 times these wide stops. So, I've been going...

Note on foreign futures: Australian SPI can be quite thin. The Hang Seng, last I checked, requires a hefty margin. (like $16k) but is completely electronic and liquid and trends well at times. The Nikkei trends well and has nice range. One thing I like about the European markets is there is a...

Hope to get some experienced responses to this: I've done swing trading since 2000. Finally caught on early 2002. Figured if I can make some $ in this market, can't wait til a new long term uptrend starts. Enjoy trading so much I am trying daytrading because, a chart is a chart and a timeframe...

not even worth a reply. Even though I just did.

I too am making the transistion from full time 9a - 5p eastern time job to trading full time. So, in the mean time I get up at frickin 3am and trade the European futures. I look at the US market while at work but, like someone else said in this post, a bit risky not being able to totally focus...

Just hope you don't need more charting info than the info from the time your start the IB feed to Sierra charts. In other words, there is not back data.

One of the best uses that I have found for the TICK in particular is when TICK has risen to overbought (relative to the day) and ES has risen with it as well. Then TICK falls, but ES does not fall. ES stays flat. When TICK reaches support and starts to bounce, look for rubberband shot up on the...