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  1. G

    Velocity Trader DAX Journal

    I use 1 min charts for entry and scalping. 15 and 60 min for reference pts. and to set up longer term trade( for me 10-15 min). I have 1 min charts up for my favorite DAX components, and 15 min charts as well. The only Technical indicators I use are a 20 EMA on all my charts and keltner...
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    Velocity Trader DAX Journal

    THIS IS NOT A PLUG FOR TT. I also watch the volume at the highs and lows and early on and can see the quick momentum shifts with TT. I thinks is a feel I have developed over time, learning to read the TT screen.
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    Velocity Trader DAX Journal

    I trade the opening off feel. I look at how the Big DAX componets are trading I like to watch SIE, DBK, and SAP. I look for reversals off the highs and lows in the first 30 min of trading.
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    Velocity Trader DAX Journal

    Yes, but I wait for the market to come of the previous extreme first I don't offer or bid it there. More time then not you will see the DAX take out the previous high or low by a few ticks and if it doesn't blow through right away I'll take that reversal.
  5. G

    Velocity Trader DAX Journal

    I always use limit orders on news, and when scalping I use market orders to get out. Thats just how I trade sometimes one tick will determine if I stay in or get out of a trade so I want to get my price.
  6. G

    Velocity Trader DAX Journal

    I couldn't get in because i use limit orders when trading the news I get my price or I don't get it. I have been nailed trading new with market orders before. In my opinion the ? as to who leads the DAX of the EUROSTOXX, there is no answer sometimes one does sometimes the other does. I look...
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    The New Brokerage Model....coming soon?

    I may be able to come up with a similar model for futures. $5000 training fee. This covers your software and training. You will be able to trade CME eminis for 2.32/rt and get discounts on other the products of other exchanges. If there are enough people who trade the CBOT we can get a...
  8. G

    Velocity Trader DAX Journal

    You shouldn't have that much of a problem with slipage. 90% of the time I'll get filled on 5 lots sometimes I may get a split fill. IF you are play B.O.'s (break outs) thats a different story. You must anticipate them, if you try to go at the market once it breaks out you will get...
  9. G

    Velocity Trader DAX Journal

    How I trade the economic #'s. Before I start I'm sure someone is going to criticize me for saying this and say that it's a losing game, but they don't have the tools I have(Bloomberg and Reuters) so let them say what they want they haven't played this game. Basically the way I trade the...
  10. G

    Velocity Trader DAX Journal

    Thanks for the support. I'm not encouraging anyone to trade as much as I do, as some people suggested. Hopefully, you guys can pick up some tidbits from what I do and apply it to your own methodology. That's my intent.
  11. G

    Velocity Trader DAX Journal

    I trade more frequently at the open in the DAX not with wider stops. In the early trading in the DAX I find if you are right you'll know right away.
  12. G

    Velocity Trader DAX Journal

    If I'm looking for what I think could be a 4+ pt move I'll let a trade go 2 pts aginst me max. If I still like it after i get out I'll try it again. For something that is just a quick scalp the next tick goes my way or I'm out.
  13. G

    Velocity Trader DAX Journal

    Thanks Fast Trader
  14. G

    Velocity Trader DAX Journal

    Yes I get up at midnight and at 2am I trade the DAX until 10:30 when the German equities close. It's the most volitile market out there. You may think its crazy I don't.
  15. G

    Velocity Trader DAX Journal

    Everyone trades their own way I scalp between 5 -20 contacts at a pop.
  16. G

    Velocity Trader DAX Journal

    First of all I never said I was going to show anyone how to make 100 trades a day. In fact I will advise against it. IF YOU ARE NEW TO TRADING YOU SHOULD TRADER LESS NOT MORE. I'm here to answer ?'s not teach anyone to trade. If you open an account with Velocity, we will not teach you how...
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    Velocity Trader DAX Journal

    629 x 629 # of contracts traded buys and sells
  18. G

    Velocity Trader DAX Journal

    629 x 629= $750 euro net ( $-382 euro) I pretty much just churned my selflike mad this morning (before U.S. open). I didn't think the Dax would stay in the narrow early range like it did(narrow for the DAX) and was looking for a B.O. It didn't happen and I got down a $2k early. I...
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    Velocity Trader DAX Journal

    Yes I play the european economic #'s. I'll post how I play divergences later in the day. It's 20 min. until DAX the open. I still need to get a few things ready for trading. Post any other ?'s you have I'll get to them when trading slows down of after the close
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    Velocity Trader DAX Journal

    I pay the same commissions on Eurex as a regular customer. Our rates are posted on our web site. Here is the link to our commssions: www.velocityfutures.com/commisions_schedule.html I do 20000+ contracts a month and pay the same rate as any else in our firm who does that volme.
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