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things will get worse, it will go like eurex, people will take advantage of the anonymity to spoof the market.

don't complain, the money you're making comes from them! for scalping brent you can't really use an automated stop as the order book is too thin and you won't get the price you want. for scalping fixed income the order book is too thick, and 1 lot activates an automated stop, so it's also...

less liquidity + more volume = more volatility. presumably one of them has good liquidity and the other does not. more liquidity = tighter spreads.

try being a trader for 2 years and then if you succeed, continue. if you do not succeed, try becoming an analyst. it's not like you get put to death for not trading profitably.

interesting point, if you blab about your method you are opening yourself up to attack. that's certainly one way of looking at it and probably the single biggest reason why so many keep schtum about their success. another way of seeing it is: the following that technical indicators have...

if you have a winning method and you share it, others will use it too. which means more volume going your way, your method is strenghtened by popularity. ABCD method, trend following, Elliott wave have all benefited from this. as for sharing losses: remember what Ed Seykota says, if...

they are Dutch with offices in Chicago, London and Amsterdam and I think Sydney. they do options market making, mostly on Eurex. they are one of the biggest in this field. the questions will be bloody hard and there will be more of them than you can realistically answer in the time...

more uncertainty = more hedging and more complex hedging instruments and strategies. leads to higher derivatives volume. a lot of people think that derivatives create risk but you have to distinguish between cause and correlation, I think that they arrived as business got more uncertain and...

X trader the most expensive one. if it's good enough for Paul Rotter to make $50m a year on bunds, then you can do well on 10 years too. it is worth noting that I had been using TT from London a while back and it was a wee bit slow connecting to Chicago, presumably the distance - but in...

yeah for WTI crude the pit trades back and forth in a 5-10 tick bid/ask and the screen might jump around a lot - although it rarely ever gets much out of line with the pit. Like I say, I only base my running winners decision on the pit. I find that for WTI (full contract) the pit leads. Pit...

that's a very interesting point, I was unaware that Eurex offered slightly more anonymity than CME I thought there was an industry standard. I guess anonymity isn't always good. although having said that, every day you hear some guy on squawk gurning about a bluffer in the oil pits so it...

Goldman analysts say 5.25%. give some pretty good reasons why. JPMorgan guys say 6%, also give good reasons why. place your bets now!

Macro Event based tape reading spreading

the book/tape is hard to read because of the unreliability of orders and the diversity of volume, but as they say, it's good on a chart. not any harder to read than S&P probably. the manipulation is mainly during quiet hours because during peak times the volume is so much that noone can really...

I have the S&P squawk too, and the oil squawk. I use the oil squawk to determine how far to run winners. if I'm in a winner and the pit is going back and forth, I take my profit the pit ain't going nowhere so the screen won't either. if the pit is moving (ie not just bidding and offering...

have traded equities, fixed income, forex, energy, options. prefer spot forex and commodities because I like the volatility, you can run winners big time.

sure, it probably does. well the currency strategy anyways. for the fixed income 10 year and 30 year US and bund futures I enter on a 1 min stochastic, the parameters of which I program myself (needs to be different for varying instruments). 4 tick stop, 8 tick exit. I never ever trade...

anybody else use this? what for and how? it never gets mentioned, everybody seems to love indicators.....

Hi, my boss has suggested that I try scalping the brent oil future on ICE, also the west texas on Nymex. I have previous experience in alg and general technical trading, fixed income and currencies. apparently there's great opportunity in the energy so I think I'll give it a go. does anybody...

used it for bund, dax and forex and US treasuries. nice for treasuries, especially when they get trendy. try a 2x6 for longer term moves.