Hi Nodoji,
If you dont mind me picking your brain for a sec, what signaled the 9:50am bar as a long (the bar I'm looking at closed at 1122.25). Or do you mean the next bar that closed at 1124.50? I remember reading something about ORB +6/-6 from your journal, is that what you're talking about...
Was wondering the same too. I chalk it down to "Sometimes, even the best setups don't work". Oh well.
But if the exact same setup occur again on another day, I would still take it. Now, I have to figure out whether to man up and leave stops at pivots or trail them once it moves in my favor.
Other than the spurt at the start and the end, choppy day to trade.
-$1068 for ES.
For the August, 14 winning days, 8 losing days, for $14,166 nett. (My friendly broker made $16,325 instead!)
Is there an indicator, or a function of any charting program, that plots volume at time X against the SMA-20 for volume at time X?
For example, this indicator will let us know how today's volume at 10:30 am is compared to the average volume at 10:30 am for the past 20 days.
Hi,
Is there a third party software that executes through IB that allows me to enter a list of orders spreadsheet style, with attached stops and profit targets? I'd need the stops and profit target to be derived from some formula (i.e. % from entry price). I don't mind if its something...
Spent the last few days tweaking my strat after Chops of Death last week. Much fewer trades, and much smaller size for now. Lost track of how many points I made today, so I cheated and calculated P/L : $1,927
Some results from my research among the various futures brokers. I thought I'd publish them here if anyone's interested. The numbers here are commission (excl exchange fees) and an X-Trader subscription (except for IB and OpenECry, which has their own platform).
At 2,500 contracts per month...
This is a dumb question but how to I use the 'Search' function to do a precise search?
For example, if I want to search the term "Bright Trading" (without quotation marks), I can't just enter Bright Trading in the search box, otherwise it'll return all posts with either the words "bright" or...
Thanks for your very detailed post Ghost of Cutten. It helped clear up which seat I should be considering.
Yup, got in touch with a couple others futures broker. The only hesitation I have is that some of them offer $500 intraday margins - thats just a 10-pt move in the ES. I guess I'm just...
Did a little more research, and found the latest fee schedule (1 Aug 2010) from the CME here:
http://www.cmegroup.com/company/files/CME_Fee_Schedule.pdf
Take a look at Note 9 on page 2. Do these Globex Fees discounts apply if I lease a seat as well? I remember reading elsewhere on ET that...
Thanks for the tips. I've shot an email over to support at CME.
I didn't realize IB had such high rates for futures commissions until I started looking around. Looked at Variance, AMP and Advantage - all 3 are about 20-25% discount from IB. How are people's experience with those 3?
pcp198...
Hey all,
I trade fairly heavily in the ES through IB, and paying $3.20 - $3.60/rt is starting to cut deep. So I was thinking an leasing a seat might be the way to go.
I checked the CME website but couldnt find anything on membership (maybe I'm looking at the wrong page). Would anybody with...
Calling it early today. Market's choppy, and I'm learning to stay out.
7 trades, 3 winners, a measly +0.25 again. 3 red days this week, for total of -$10,935. Tuesday loss was worse than I thought: -$20,267.
Have a good weekend everyone.