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Nonsense (& others) Look, this is getting a little ridiculous. Its not hard to get the formula for floor pivots. Learning how to use them isn't a mystery either. You observe how price "acts" as it tests these pivot points. If price "respects" the pivot and backs off, it is telling you something...

If you have the ability to monitor the market, one of the most profitable ways to use credit spreads is to bracket the market, and to use indexes rather than single issues. Works well with S&P and OEX. When IV is low as it is today, this is a difficult strategy to implement without taking on...

Alright Def, I have sent a formal inquiry to the Eurex asking for a comment on last nights outage. Lets see what they have to say about this situation. Specifically, I asked why one broker (Man) was able to transact when others (IB for instance) claim that connection to the exchange was down...

Well boys, it happened again just now. IB connection lost for three (3) minutes. No way to logon. No way to close trades except to call Europe. This is just great. Keep up the good work IB!!!

To all posters: I am trying to develop entry and exit strategies to trade the DAX futures open (first half hour). My approach is to anticipate the open and based where the market opens in relation to the previous days high and low, take a position using 1 minute bars. I would like to hear from...

I think it depends on how seriously you take the work, and what your perspective is. Seems to me that after working hard to get a winning game, it is a shame to have a days work go down the drain because the broker cant keep it together. It may be worth an extra fee to use a broker like Man...

Yes, thank you. Trading was not halted on Eurex. I also watched every tick on MyTrack. This problem was not a "Eurex" problem. When you call to close a position, they ought to have the character to admit that they are having a problem, instead of pawning it off on the exchange.

Just so we know what we are talking about here. I called IB to close a trade. They refused to take the order saying they had no connection to the exchange. When asked what the status of my position was (closed, up or down) they said we don't know. This means that I couldn't place an offsetting...

Has anybody heard of redundant systems? It isn't hard to implement. Bank seem to be able to do this with their automated teller systems and internally. The broker who figures it out and puts it into service will be able to advertise that the trader can abandon the idea of using a "backup"...

I had a similar problem this morning. I had just gotten filled short 3 DAX, when I discovered that I had no way to close my trade. My account is with IB, so I called the overseas office to ask them to close it and they refused!!! saying that they had lost connection to Eurex!!. I have Mytrack...

To all: I wonder if anyone has taken the time to go back through the charts month by month. Because this setup does not happen every day, it seems to me important to know how many trades one can expect seasonally (in 6 months, in a year for instance). Also would be important to know how many of...

I have had the same problem this morning (1:30am PST). Connection to the TWS is lost and the automatic logon procedure does not work. I was lucky with no position to close out, so I just watched to see how long it would take to re-establish a connection. Well I was surprised to find out that 20...

Ctrader: Sounds like you have given this some thought. One of the strategies I have used with success is to sell long term puts against individual stocks, buying puts on the appropriate index for insurance against market meltdowns. I trade both ways, intraday and longer term, and have been...

Hey Friend: Just happened to see your post. Let me offer some advice based on experience. Will you be placing stops in the market? Will you use native orders? Even with stops, you are taking on quite a bit of risk. My suggestion is that you stop trading for a while and learn about options...

PowerST: I don't think you are listening. I posted because after going to your site, I found that most of the information is " currently withheld from the public". In fact "Roscoe" has simply posted a number of claims that are as yet, unverified. Non of us at ET have heard of you and this is...

Guys: I hope the people who are developing this package are reading the posts. One of the problems with getting a package into widespread current use is that people who might want to use it can't tell much when they go to the site. Another problem is that when you try to use one of these...

Banjo: Read your comment regarding the Gotthelf system. You say that Open Interest is published "early in the am for the previous day". Do you have a preferred source, or do you get your O.I. data straight from the exchange?. Thanks, Steve46

Fortuna: Thanks for posting your research. I am always appreciative when people do intelligent research. This is particularly valuable for me as I am trading the EMini, and have some longer term positions in place in anticipation of a possible correction. Regards, Steve46

I have read John Reed's comments, and corresponded with him regarding Russ Whitney (and others). In my opinion, he (Mr. Whitney) is a scam artist. Steve46

Canyonman: You've got to be kidding!!!!!! Look, just go out and buy "Options As A Strategic Investment" by McMillan. Don't spend money on "Seminars". Read the posts relating to options and ask questions of ET members who trade'em. Seminars are mostly scams. I've just saved you a lot of money...