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I Want to do some evening session break out trades on ES and I have read in some thread that you cant use a stop order but must use a stop limit for over night trades with IB. Is this true?

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I have been using Bracket Trader with IB and this works really well. 1 click entry for multiple contracts. instantly transmits your stops and targets. Nice scale in or out feature, and best of all its free. I mostly scalp ES and YM so this type of set up is a must. FT (Futures Trader) is...

There is a smaller margin requirement but the spread is terrible and the ssf trades more like an option contract in my opinion. What ever direction the market starts to move in, the spread will jump huge in that direction making entries difficult. I trade the DIA ssf now and then but for a bit...

Steve, Thanks for post. I should have known this but new to yg and zb. I soon figured out why I couldn't place the trade and it was stupid on my part by not having correct contracts up on TWS. Good lesson to be fully knowledgeable about all aspects of what I am trading. Thanks again Nas

IB wont even let you trade the YG when you are close to exp. I tried to trade both the June YG and ZB last week and missed a great trade because I couldn't place the trade. It took me a while to figure out why I got the (restricted Trade) message and I didn't have the Sept. contracts up on My...

IB wont even let you trade the YG when you are close to exp. I tried to trade both the June YG and ZB last week and missed a great trade because I couldn't place the trade. It took me a while to figure out why I got the (restricted Trade) message and I didn't have the next contracts up on My...

himself.. yes that is exactly right. Any time you are taking counter trend trades you have to be very surgical and precise about your entries and exits. You might take a short against an up trend and have 10 YM points in your hand but because you wanted to hold out for 15 points you missed...

I keep a sharp eye on the ES at all times but about 75% of my trades are on the YM. It trends very nicely and is also great for scalps. Just be carefull of those counter trend trades. :eek:

When I spoke about imbalance I used it in different time frames. One imbalance is the immediate imbalance that can be seen in bid/ask size at current price. This imbalance is only a perceived imbalance and can flip either way instantly. It might help your scalping but probably only has a 50%...

Vanilla, you need to set your time and sales filter to show actual trades only and not include bids and offers. As for watching the size in bid/ask, lets say you wanted to go short right near current bid you might wait for the next up tick to get .25 price improvement on your short then...

I must admit that I have been short this "big fat pig" on and off for about 2 weeks. I am a loyal user of ebay and love the service but I think that the up trend is coming to an end soon. Once enough big sellers start taking profits the tide will change. But then again? :confused...

IMHO I think you should work harder on making fast "entry decisions" and worry less about buying at the bid. If you are that worried about the best fill you are probably trading short term. Example: If I am scalping or just trying to get the best entry, not hesitating and pulling the trigger...

I am starting a small put collection and think the top is in near. I think alot of the big shorts got hauled away in body bags in the pre war rally but they will grow some new balls once the institutional selling starts. It's amazing how quick the mood can change when the exit door opens. I am...

DD, Below are some the different ways Woodie an the group trade with the CCI. 1. Hook 2. Extremes over 200 3. Crossing 100 then back again 4. 0 line cross 5. regular divergence 6. +100 or -100 on daily chart 7. 3 weighted MA of CCI Cross of 100 = signal 8. Trend line break 9...

I use macd 5,13,6 on my 5 min chart for trend strength conformation for my 1 min CCI cross trades. The histogram on the 5 min macd must be near .35 or greater for the best results. I am still testing these trades in less trending markets. Happy trading all

I am trading using woodie's 14 CCI and 6 (turbo) CCI on a 3,5,13 min chart. I first looked at the 1 min setup for the NQ after trying Jack Hershey's rocket trades using the 14,1,3 stochastic on a 1 min. I wanted to see how the CCI reacted with the same period as my stochastic. I liked what I...

I have had pretty good success using a 1 min chart for entry on the NQ. I use a 14 period CCI and use the 0 line cross as my entry trigger. It must be with the trend of the 5 min. macd. The 14 CCI must be above or below the 0 line depending on your direction for at least the first 1 min print...

Chop today was bad but I have had some success trading Jack Hersheys 14,1,3 stochastic but I added a 14 period CCI on a 1 min chart. I have been playing Jacks rocket trades a bit and have been cheating now and then with the fast (blue line) and I have found that using a zero line cross on the...

I have traded the YM for a while now and it has a tendancy to move in small waves alot.. 4 points up .. 3 points back. When I am ready to make an entry I try to buy the bid near the bottom of the back wave with a limit. Never use a market order unless you are trying to jump ship. If you miss...