Search results

  1. FuturesTrader71

    dax scalping

    I agree with your comments regarding up-ing size and cutting frequency. I find myself doing that. I have actually traded less this month in volume than I have any time last year including the dead summer days. I hardly do over 800 or so turns a day in the DAX now. My lineouts show me holding...
  2. FuturesTrader71

    dax scalping

    I look for tick value vs cost vs volatility. I have a spread ratio spreadsheet with dynamic links to CQG that tells me how the contracts compare to each other. That's what tells me what is tradeable and what is not. Right now, it seems like the DAX is like the STOXX from early 2003, but the...
  3. FuturesTrader71

    dax scalping

    Yes, I agree with you there. As long as the Euro stays above par with the dollar and the volatility doesn't continue to drop drastically, it is going to continue to be my main product to trade. Have you set up the HSI yet? If so, how is that going? What is your opinion? Can you compare it to...
  4. FuturesTrader71

    dax scalping

    Yeah.... that makes sense. Funny to think that I was actually looking forward to the quicker quotes and the update to Eurex 7.0. Now, I know better. After the upgrade, the manager here at Eurex said that they had been putting it off because they thought traders wanted the pulse. I thought that...
  5. FuturesTrader71

    dax scalping

    I have read and follow the HSI thread here. I haven't looked at the book myself. It sounds like it is an explosive product, but its cost/liquidity/volatility combination is not for my group's style. Also, there is the issue of latency to the exchange since it is so far away. There are some...
  6. FuturesTrader71

    dax scalping

    What is interesting is if we have an unexpected breakout, the dax goes back to looking the way it did 2 yrs ago. I twould appear to me that there is a lot of spoofing. The reason I don't think it is like the Stoxx yet is the fact that traded daily or weekly volume hasn't gone up as fast as...
  7. FuturesTrader71

    dax scalping

    Yes, I have noticed the same things. The volatility has been sucked out of it. It seems sometimes like the FESX has more volatility despite the liquidity than the DAX. I have had to cut back dramatically on my size and volume. I am also interested in thoughts about this, but I'm not too...
  8. FuturesTrader71

    EurexUS, will it work?

    Yes, they were initially releasing it at 10 cents per turn all in (except your commish, obviously). They had to raise it because of the incentive program and the room it gives them to cut cost. EurexUS can low-ball without board approval and on short notice. The CME is a lot more sluggish in...
  9. FuturesTrader71

    EurexUS, will it work?

    The only reaction so far from the CME is a statement that the Russell 1000's volume is up 244% with 7 (count them seven) days the month where volume has gone above 1000 contracts. That's about all I got on it.
  10. FuturesTrader71

    EurexUS, will it work?

    The CME's reaction will be key to the survival of this product. Because of its public structure and the fact that it has to answer to shareholders, the CME may be slow to move towards challenging EurexUS. The ER1 and ER2 on EurexUS are fungible and the ER1 can act as a proxy for the ES. EurexUS...
  11. FuturesTrader71

    Futex - Legit ?

    Rule of Thumb: If you are gut starts turning while or after you talk to someone at a prop shop, then you should turn and run the other way. It has never failed. Sorry, I don't know anything about this firm, but that is generally the case. I can't see how someone can make a claim that 70%...
  12. FuturesTrader71

    EurexUS, will it work?

    That is true. But if I can meet the 3 tick spread with 15 contracts and trade the minimum required volume, I would trade for free and get a stipend at the end of the month. That's not a bad deal if you have the credit to do it. Also, you don't have to worry about qualifying. If you qualify, you...
  13. FuturesTrader71

    Pictures of your trading stations

    Nice. Beautiful. I mean how can you not make tons of $$ in that environment. Where are you located?
  14. FuturesTrader71

    Pictures of your trading stations

    Is that Rumsfeld at the bottom in the center?
  15. FuturesTrader71

    Pictures of your trading stations

    So when is the next scheduled launch date.... by the way, those photos of Saturn were awesome. :D :D :D Is that Bloomberg in a window of Monitor #2 from the top left? If so, is this a feed through cable into that PC or are you streaming it from the internet? A really nice setup. I'm going...
  16. FuturesTrader71

    my trading...

    Looking forward to seeing your success. Please try to make it a point to ignore those comments which do not contribute to your thread or that seek to bait you into childish bickering. Best of luck....
  17. FuturesTrader71

    my trading...

    I strongly suggest you start a thread or have the moderator move this one to the Journals forum so that people who subscribe to that forum can be in on this. Looking forward to your postings.
  18. FuturesTrader71

    EurexUS, will it work?

    I don't believe they are fungible at this point. I will ask.
  19. FuturesTrader71

    EurexUS, will it work?

    It is equivalent to the mini. It will be trading at $10 per tick. Falls the same contract spec as the ER2.
  20. FuturesTrader71

    EurexUS, will it work?

    Russell 1000® and Russell 2000® futures to begin trading on February 4/Three month fee waiver for Russell products Eurex US, the fully-electronic U.S. futures and options exchange, confirmed February 4 as the launch date for its new futures on the U.S. large-cap Russell 1000 index and...
Back
Top