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The total volume is not the point in any particular product ...it is how the PLAYERS that make up the total Bid/Ask over 5 levels manage and manipulate price zones (with what ever strategies they are using). You have to remember that a lot of hedge funds started to trade the ER2 which has...

But IB uses snapshot data...could this MESS with a proper Bid/Ask ratio reading??? :confused:

I think the more commercial interest in a contract then the more frequently you will see ACV ratio's that get to 2:1 or greater. How many little guy traders put on size to attract inventory at key price levels? :)

Tums, btw, that was a great point you bring up. :)

I use these..... http://industrial-fans.compmark.com/blowers/

ACV is not as useful on the NQ and YM as other products. I use it on the ES, ER2, and the DAX most often. It will telegraph breakouts as well as new price pivots at key intraday price levels.

I no longer use any regular MA's ... I only use the MACD and STOCH now. I use them on price and volume analysis...strong combination imo.

I run my 17" laptop with a 20" LCD and it works perfect...not that hard to set up when I am not at my office and I want to carry the markets with me....LOL! This set up also fits better on my night stand next to my bed. :D

I use 89, 144, and 233 price change (or tick) charts for the ER2, ES, NQ, YM, or DAX...same charts for all these different contracts. I also watch a three minute and a 15 minute in the background to watch the key s/r levels for the day.

T3 is by far NOTHING special (or anything better than kwikpop)...I know someone who paid $8,000 for T3 a year ago and it was collecting dust by month two....pass on this one if your smart.

:D

Yes....they use a road map for trade signals.

That is too funny....happens all the time. I have had two Short and one real good Long winners so far in the ER2, now I am just sitting on my hands waiting for one last nice set-up after the release.

Great Job...keep it simple is a smart approach! I only use two indicators myself (MACD and STOCH...set at felton trading settings) and I find that on lower tick chart time frames I am getting excellent entries for scalping all day long.

NinjaTrader through Spike Trading is great too.

I Fully agree, there are numerous ways to make money in the all the worlds markets.

There are some very large and successful hedge funds which thrive off of HFT scalp systems.

Thanks...this philosophy is crucial imo to really breakout in life.

Do you scalp or position trade?

ok...i get what you mean now. :)