Simple Profitable Method

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Jimns,

I am looking at the signal guide in e-signal right now. I can
find (ES= emini s & p 500) on the CME.

I can't seem to find ER or ER2? On the CME?

Thanks

snarlyjack
 
Snarly

eMini Russell 2000 Futures quotes for eSignal should be (at least this is the format eSignal used in 2005):

AB H7
AB M7
AB U7
AB Z7

The continuous signal is AB #F

No idea how eSignal came up with these symbols.

Some traders use the Russell as a leading indicator since it will often break down or out before the YM, ES, or NQ.

jimns
 
Jimns,

Thanks for all your help!!!

I just got off the phone with E-Signal and set up my charts
from (YM) (CBOT) to (AB) / (CME) or ER2 (CME).

So, now were all trading the E-Mini Russell Futures on the CME?

Ok... hopefully were all on the same page. By the way the
exchange fee's according to e-signal are $30.00 a month
cheaper on the CME.

The YM was $5.00 a point.

The ER2 is $10.00 a point? Is the ER2 as volatile as the YM?

thanks

snarlyjack
 
Jimns,

Butting in? Not at all. Great to hear of your experiences and thank you for sharing your set-up which sounds as if it's taking you in the right direction.

It is a simple straight forward system and if offers an edge.

I wonder if you could tell us how you use the superimposition of the two MACDs?

I notice you use tick and trin too.

Again, thanks for sharing.

Sean
 
Kinggyppo,

I have no idea how to tell if the market is trending or not.

That's what I am trying to get a handle on. The (YM) market
in my opinion was/is all over the place. At the end of the day when your looking back at it, you would say I should have done this or that, but in the time of battle and prices are racing all over the price bar your going wow...what should I do now...

This is probably a traders #1 concern. What should I do now...
at this moment in time...staying in the present. Not 5 minutes
ago, not 5 minutes into the future, but right now...

Thus the secret of trading is???....

snarlyjack
 
good reply, Seykota says there is only a historical trend, saying what you say, that only now and the future is relevant. The market is in a continuation pattern right now, I am looking for a strong close but wtf do I know?:cool:
 
I just got off the phone with Mann Financial changing my trading
platform from the (YM) to the (ER2).

Talking with the customer service guy, he say's: You'll like the
ER2 market a lot better. It's more forgiving and trends a bit better. The (YM) is not forgiving nor does it really trend.

I am thinking to myself "now they tell me...". So I learned how to
trade on one of the hardest most unforgiving markets? Well I
hope that experience (YM) served me well! Time will tell?

This is what makes this site so good (ET) us traders can get together and talk about things. Which is very nice...

Thanks Everyone!!!

snarlyjack
 
Quote from snarlyjack:
The ER2 is $10.00 a point? Is the ER2 as volatile as the YM?
More...

Snarly

Careful, the ER2 is $100 a point. Minimum fluctuation is a tenth of a point ($10).

Not sure about volatility since I've only played with ER2 and maybe a little bit of YM. It just so happens that I asked a VP at CME the same question a couple of weeks ago and even he had no data on the ER2 volatility.

jimns
 
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