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Old Floor methods? Narrow, low volume opening range for possible trend days. Wide, well traded, wide Initial balances for possible chop. What happened yesterday, 2 back. Stuff like that still seems to work ok.

Just strarting to incorporate some of the methods into my trading. No question that a lot of good signals and R/R setups come along when using Fisher's framework. The one question I have is about the time spent above/below and A level before confirmation. Throughout his book he repeatedly...

Starting to think long beans short corn could be the trade of the year (or 2013). Old time analysis suggests up to 40K per spread potential. I would happily settle for half of that considering it only costs around 1500 per spread to hold this baby.

The best, most consistently successfull traders I knew in the pits, were almost all spread traders of some sort. Some of them were extremely sophisticated, spreading back months in the Eurodollar pit. Others were very simple, focused guys whose sytems or methods allowed them to trade pretty...

100 to 150 dollars per day per lot in any market is excellent and probably the professional standard. 3 or 4 ticks in the bonds, 2 0r three cents in the grains, 8 to 12 ticks in the E6. You get the picture. Sure, somedays are going to fit your style like a glove and you are going to make...

As I am a short term oriented trader, I don't usually like to make the "big" calls. However, I am getting sell signals on the US Dollar across almost all Major counterparts. These signals are lining up on long term charts and are corresponding with spikes in selected commodities and a renewed...

May 1 issue. Very, very, very strong interview of Jim Sinclair. Basically, growth is the key, everything else is just window dressing. Still dissecting piece, but very thought provoking, and it makes the entire Presidential Election cycle seem like a non-event. futuresmag.com

I think trading 1.5 standard lots per 10K in your account, with a max loss of 200 per trade, a solid trader should be able to average in the 15 pips per day range. So you would be trading about .33 lots, i guess you could make aroung 50 dollars a day. All of the above is if you are a...

I did some 2 and 3 mm trades at fxcm london in 2010. Seemed fine. I never felt they were screwing me. Granted I left them after they switched us back to US, so not a ton of history, but I think the big US brokers are pretty solid now. I know you can easily do size on FXTrade at Oanda, and am...

I wasn't trying to imply that I am some kind of great trader. Any size I do is on FXTrade, because I think there are some issues with MT4, and I hope it is not on purpose. It is just funny because bad entrys, by that I mean when I make a mistake, seem to get filled at light speed, but if I...

Your entry orders are consistently held for 5-10 seconds on the Oanda MT4 platform. Just saying.

So true, irish at the board, Jews at the Merc. When CBOE got rolling there was a third distinction, smart guys went there. I guess it evolved that way because grains were more the province of Irish and Anglo Farmers, while the egg/onion/meat trades were for the most part controlled by jews...

In the late 80's early 90's these guys would be in bars down by the Board wearing Jos. A Banks suits, striped ties, and nice shiny shoes, with good haircuts too. they were in training programs at places like The Northern Trust, Conti, Searle. Some were Associates at good law firms like jenner...

Ketchup is never put on a hot dog in chicago. You have to do it yourself from the little packets or the squeeze bottle on the counter that is put out only for the fries.

if you understand the history of the CBOT Pits and their culture, you would understand the only real explanation. Irishmen like to sleep late and get to the bar early. hence 9:30 to 1:15. Not everything is complicated.

Hot Dougs is awesome, but not for the typical Chi-dog type deal. the kid who started it is a Kendall College guy I think, and his vision was a line of interesting sausages made from a lot of different stuff. It is a "foodie" type of place. You can get venison dogs, alligator, you name it...

Nice chart, I hate the ma's, they just confuse me and make price action harder for me to judge. That's just me though. I probably would of missed this trade, even if I actively followed and traded this stock. The second wave of what turned out to be a very nice two wave move (ABC), happened...

Why isn't this a big deal in the media? Everyone knows stocks and bonds are held at your broker in street name, and the money is never comingled, wink wink, but futures accounts? This is unbelievable. That money is marked every close and netted between clearing members and the CME...

i thought of trading forex with them via their Currnex feed. Thank god I went with oanda and Advantage. If they are going to rob and stiff futures accounts, that are sacrosanct under Exchange Rules, imagine how Foreign Exchange accounts are going to get ass raped.

"could face civil penalties"?????????????? What could be more criminal than using segregated futures accounts to prop up your own trades? This is sickening. The one thing that always separated Chicago from New York was that the money was segragated and we paid/got paid everyday at the...