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uexkuell

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Everything posted by uexkuell

  1. uexkuell
    Right. In other words before the change CME sent data with less precision than it does now. No problem to go back to that less detailled data by means of software.
  2. uexkuell
    Probably needless to say that at Forex Historical Position Ratios | OANDA fxTrade the history of the open positions ratio data can be found stretching over 30 days.
  3. uexkuell
    It might be helpful to start thinking from the other end: Trading is competitive. When you are starting a trade you are trying to take money from other people. Also keep in mind that you are now swimming in a pond together with some people (big companies like GS and many others) that make big efforts (very clever people, enormous computing power, best data feeds, ultrafast connections) to take every penny out of the market. Then it might be helpful to think about the instrument you are trading. QQQ is running parallel directly with NQ futures and (not so exactly) with many other futures. Therefore if you'd manage to find an edge in QQQ that would mean GS (and the other sharks) left big amounts of money on the table. If people say "I have a simple profitable system" that would mean the big trading departments with their huge budgets simply overlooked something very obvious and simple. Decide for yourself the probability that this happens. To start trading in my view it's advisable to look at single instruments that are traded with some (but not too big) liquidity. Big liquidity means extreme competition!
  4. uexkuell
    Feeds with bid/ask flags: DTN.IQ and CQG
  5. uexkuell
    Easy. There are quote feeds out there (not institutional) that supply the trade @ bid/ask info with every single trade. Therefore whole book not needed.
  6. uexkuell
    Please elaborate on the signs that gave a hint about "paper coming in".
  7. uexkuell
    Aside from the main trading hours still regularily trade bursts can be observed which would probably have the potential to confuse anything that is written in an interpreted (=relatively slow) language.
  8. uexkuell
    Aside from the main trading hours still regularily trade bursts can be observed which would probably have the potential to confuse anything that is written in an interpreted language.
  9. uexkuell
    Time between trades is quite often during the day ranging in very small sizes (few milliseconds). AFAIK the usual trading platforms / their built-in languages are not capable of accurately following such fast transitions. Many projects in Ninja got into trouble trying to use small time spans in computations.
  10. uexkuell
    Please specify what the task should be: Assume you have a hypothetical sequence of trades: Columns contain: - Time - Price - B for Bid, A for Ask - Volume 1000 12230 B 1 1500 12230 B 2 2700 12230 B 2 4300 12231 A 1 5400 12231 A 2 5600 12230 B 1 Time arbitrarily set as milliseconds from e.g. 9:30 am. So here the program should return 3300 which means: 3300 milliseconds trading at bid until a trade at ask happens. Then return 2300 (millisec trades at ask). Or are you looking for something else?
  11. uexkuell
    This sounds very simple but there is much behind it: Watch FDAX. To any detail.
  12. uexkuell
    How many ticks? Simple: 1 tick chart. What reason might there be to have a bigger span (10 tick, 144 tick...)? 1. Computer too slow 2. Not more readable for humans 1. That does not happen with modern computers. 2. Happens, if you try to look at contracts with very many ticks in short time frames (mainly ES, 6E, CL). For beginners I would not recommend to look at these anyway. The infomation is indeed overwhelming and you cannot learn to see what drives the market. 2. Is not a problem if you look at contracts like YM, ZS and the like. On the other hand: If you look at 1 tick charts you can see things that otherwise you will never realize. Never understood why people are again and again hampering themselves. (Looking at longer tick frames means loosing information)
  13. uexkuell
    Ohoh! Better be careful before you declare what's a law. Might be helpful to google for "crossed market" - which is the condition described (bid>ask). This happens all the time. For reference one picture and a link to a (quite recent) thread where crossed market conditions are discussed: Forums - Free money!!!
  14. uexkuell
    Nope. The "order book" is in reality a program that is designed to match orders (a "matching algorithm") - all kind of orders. Not true. Stop orders can be of different kind. It is well possible to place stop limit orders that are executed as one might expect. For reference: http://www.cmegroup.com/globex/files/GlobexRefGd.pdf search for "stop limit order", page 12. (The actual mechanism is slightly different for different exchanges.) When price is moving very rapidly in one direction this can be due to stop limit orders residing at several different levels being punched through, thin order book or market orders coming in very fast (and probably some other reasons that don't come to my mind in the moment).
  15. uexkuell
    Thank you for that not too innovative way of spamming. Who do you think believes all these things (even that this is your "First Time Visiting a Trading Forum" though you have been trading for some time and seem familiar with some tools and concepts)?
  16. uexkuell
    Thanks going to zapisy for innovative promotion for your website and your paid service: Creating various alternate identities to applaud yourself. Great idea! Never seen before. Keep on! :crap:
  17. uexkuell
    Don't know if canadian regulations allow that. If they do you could trade european ETFs like: ETF | db x-trackers DAX ETF | DBX1DA | LU0274211480 and some others. They track DAX and other indices. DAX is tracking ES / YM .... Negative: - High commissions (something like 8€ per roundturn, perhaps cheaper possible) - Trading times only 03:00 am - 11:30 am EST Positive (especially if you compare to CFDs): - No interest being paid - Exchange traded (not trading against the broker) - Can trade them through IB
  18. uexkuell
    Quote feed is probably not updating bid and ask fast enough while trades are reported (more) completely. With symbols that move fast (like e.g. EUR, CL, DAX) this can happen more frequently. ES bid and ask moves slowly. Therefore the feed has a chance to keep the bid and ask values up to date. (At least that's the way things are working with Zenfire feed. Only suspecting that it applies for TS also)
  19. uexkuell
    Right. Wrong. Demo data is basically a replay of old data with an offset of 1-2 weeks. But then it is superposed with random moves. Therefore you will never see the true historical data. The random process amplifies trends (as daveyjones stated also) by extending the ranges. This is probably done with some intent from IB's side: The demo account is thought to motivate people to get into trading. That is certainly easier if people see positive results with their (demo) trading which is more probable if there are stronger trend moves than in reality. Demo account is only good for checking if a program connects properly and if the handshake with IB API works properly. Trading results may not be trusted at all. To open an account with IB you only have to put up the 10k in the first place. Then you can withdraw it after a short time. Therefore you might borrow the money from friends or a bank. Btw did you already look into the Yahoo group "TWSAPI · Interactive Brokers TWS API Discussion"? They have also in-depth discusssion of demo data properties and much more that might be interesting to you.
  20. uexkuell
    Why? The guy is putting up a subscription service. He is recommending a specific broker. Some people help him underscore the importance of choosing exactly the broker recommended. Professional homepage that is directed exclusively towards selling. ... and many other points that should raise suspicion. I don't say it is impossible but surely rather not very probable that it is possible to go for single pips. On the other hand for a broker clients trying to use such a system would be a blessing.
  21. uexkuell
    So you think a trade can be placed at an exchange (assuming retail level) without first passing through infrastructure of a broker??? Sounds interesting, please explain how you think that could be accomplished.
  22. uexkuell
    In order to give you a really adequate answer one would have to know what kind of custom formulas/studies you have in mind. With the information on hand I suspect that the pret-a-porter solutions (like in TS or other platforms) will probably not be sufficient for what you want. It may look comfortable at first but then lead quickly to severe limitations. Therefore it might be best to stick with a true programming language and interface directly to a quote feed API (like IB has).
  23. uexkuell
    @156 Very good idea to inform about rates before you open an account / enter a trade. There are huge differences in rates across brokers, you will have to check each one individually. That can be awfully wrong. For example have a look at: http://www.interactivebrokers.com/en/accounts/fees/interest.php?ib_entity=llc (In case someone does not like the link / it gets deleted, here's how to get there: Interactive Brokers / Costs / Interest & Financing) For INR (indian rupee) they charge 11.8%, for MXN 4.9%, EUR 0.36% at the time. It can be a quite interesting trade to enter with a small amount of money into a long-term trade with some more or less exotic currency. But always check rates first. People say Oanda has generally the lowest rates.
  24. uexkuell

    Hi Agekay,

     

    in your post

    http://www.traderslaboratory.com/forums/6/market-profile-24-hr-markets-7853-2.html#post95807

     

    you referred to a chart type that is inspired by "Volume Figure Charts".

    The design sounds interesting.

     

    Unfortunately it was removed.

     

    Could you please send me a copy of the original attachment?

     

    Good trading.

     

     

    Regards

     

    Herbert

  25. uexkuell
    www dot prorealtime dot com You can get free charts there and download the data by means of a plugin. Let me say that I highly doubt whether this kind of data will be of any worth for developping a working strategy. It's for good reason that you can get it for free.
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