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I don't know if DAX and ESTX50 move together but I have been annotating ESTX50 for a while but the results where not satisfying. Too much differences in volatility I guess. It gets choppy. I don't like it. I do like very much the way eurodollar moves using this system. Have been annotating it...

I'd say why should we care why YM leads ES? We observe that it does on moments that matter (around FTT's) so we use it. If YM stops leading the ES we'll notice it and use something else. It's like wondering why people are buying or selling. We don't care why, we just notice it happens and when...

Personally I don't care about this. I've been watching the market and annotating and I believe this stuff works. That is a requirement (developing the skills plus having conviction it works) for success, not the P&L statement of Spydertrader or MAK. I would probably compare my results to their...

I agree with this. If the picture is not clear then (for me) the market is not clear and does not have potential at that moment. And even if it does, it doesn't because I won't have the same conviction that a clear picture gives and I will start to do stupid things. It has to be crystal clear...

Spyder, If you see an FTT forming on the ES but not on the YM. Will you trust it/trade it? So is a genuine FTT on the ES always preceeded by an FTT on the YM? regards, Ivo

Well spread is not 100 but about 10. Anyway, that's not doable. What if they first close 25,000.....? And I don't want to open another position but just close the current one. Period. Ivo

Here's IB's reply: "You are correct in your assessment of the IDEALPRO/IDEAL systems. Unfortunately, this is one of the risks inherent in trading FOREX. At this point, you will need to use IDEAL to close the remainder of your trade. We are working to upgrade our systems, and hope that in the...

Yeah I was pretty surprised by this. I know 25,000 is not a lof of volume but I was just testing how IDEALPRO works in anticipation of more volume. In fact you are screwed if you have a remainder of less than 25,000. Enough reason for me not to look further into IDEALPRO. Maybe a solution...

Hi all, I had the same problem today. Just starting with IDEALPRO. Tried to sell 25.000 eur at market. At first only 10.000 was filled. The other 15.000 was not filled at all. So I could not take full opportunity of the market at the moment I wanted. Later on when closing the position I...

That's funny. When I think I see an FTT occuring I already kind of automatically switch to a 2 min. chart to see more clear what's going on and then it often becomes much more obvious. One can enter quicker. Is that what you mean? I know we aren't there yet and there's probably more it. Can't...

Hi all, I just have a question about exits that others may have as well. We are supposed to exit on the next FTT after an FTT. Imagine price traversing from right to left (dominant). We are making money. Price hits LTL and traverses to the right on lower volume. We expect price to hit...

There's a logical explanation behind the gaussians. Understanding this makes it easier to know what to look for and to believe in it. High volume = continuation of the trend (except when an FTT occurs). People agree this is a good trade (they disagree on direction though). Things go as they...

Here's the second attachment. checkout volume at 10:10

Hi, just some questions. I just noticed some kind of "double" FTT (check attachment). There's one on the yellow channel and another one for the white channel. Should these be considered stronger signals? At first I did not want to consider it an FTT because of volume issues. However, at...

My chart so far. I am only annotating this morning. regards, Ivo

Here's my chart. I've been lurking and studying so far and not participating because of time issues. Just wanted to say it's a great journal and I'll participate whenever I can. Thanks spider. regards, Ivo

First decide if the day will be choppy. 1. Is there any news? Will there be any news tomorrow. People do not like to trade before the news comes out because people do not like risk. 2. How's premarket volume and volume of first 10-15 minutes? 3. How is the opening? A lot of movement in...

I made 2.2 points today trading countertrend and taking quick profits, no losers, 5 trades. although there was some trend after the opening (but not a lot of strong directional movement) the reversal after 30 minutes, lack of news and ADX dropping quickly told me this would not be a trend...

Sorry, Yes it will be Friday of course. Today (Wednesday) is just "Crude inventories" at 10.30. I expect a choppy day. regards, Ivo

Well. Every day I just check economic calendar if there's any important news to be released. checkout http://biz.yahoo.com/c/e.html It is smart not to take any trades before the news is released because the market is likely to be choppy. Why would big traders trade before the news is...