eurotrader

Thanks for the reply. will be interesting to see what other replies come in. One of the trade rooms I follow from time to time and which focuses on pivots also seems to suffer from the same conundrum. I find that sometimes price seems to react to one and at others to the other. Where it can matter a great deal at times is in markets such as the DJ Euro Stoxx 50, and other Eurex markets, where the settlement price is set some 4.5 hours before the close. Needless to say you can have a large difference in price here with resultant large differences between pivots. In these cases it can very difficult to even determine an "area" to monitor for price reaction. As you say blowfish, definitely hard to know for sure.

I'd like to throw out a question regarding the calculation of pivots. I'd be interested to see what the group consensus is on which price is actually used or preferred for the "close". Do most people use the actual close price (i.e. the last traded price of the session) or the settlement price as set by the exchange. Which one you use can make a huge difference in the resultant pivots. This can easily be a chicken or egg type question. Cheers.

I would like to pose a question to the forum concerning pivot calculation. I would be interested to see what the consensus is for what price is used for the "close". Do most traders tend to use the actual close price or do most use the "settlement" price. This always seems to be a sticking point so will be interesting to see what view points traders on this forum have. Cheers.

I run 4 19" monitors w/ DVI off my Mac Pro and as klassej mentions it is incredibly fast. I use Investor/RT for Mac on 3 monitors for all charting and it has been excellent. I run Windows XP on 1 monitor using VMWare Fusion 2.0 for my Photon Trade Platform. However, if you were using something like Zeroline Trader like Harlequin mentions, or the Mac version of Interactive Brokers trade platform, one wouldn't need to use an inferior OS like Windows at all.

I agree. On first inspection the program looks nice but doesn't really go far enough. I've started using Investor/RT Market Profile which is far more powerful and does everything I'm looking for. If you've done any of the course work offered through http://www.cisco-futures.com most of what is taught there can be accomplished with the Investor/RT Market Profile software.

I have a Mac Pro with 4 monitors. I've run Parallels for sometime with both Genesis TradeNavigator and and eSignal. I can say using either across 3 monitors is absolute crap. Parallels runs ok with 2 monitors but anything more than that and performance degrades markedly with noticeable lag. I have now switched over to Investor/RT using OS X with DTN.IQ for realtime datafeed. There is no comparison. The software blows eSignal and Genesis out of the water and no performance problems whatsoever across all 4 monitors. If you want to use your Mac and not want the hassle of Parallels I would recommend having a look at IRT. If you want to stick to whatever Windows based software you are using you may want to have a look at VM Ware Fusion 2.0. The latest reports are indicating that it is superior to Parallels.

I have been following this thread from its start with interest. I am currently using eSignal w/ Market Profile and am less then impressed with their charts. As a result I was in the process of switching over to NinjaTrader until I looked at Investor/RT (as a result of this thread). Whilst NT may be free to start you must pay a license fee ($795 for single broker/$995 multi) if you go active. Though I initially liked NT I have had a couple instances of it crashing. The last time this happened it deleted any indicators I had off my charts - I was not impressed. This meant I had to rebuild them. I've just started to evaluate Investor/RT and it certainly looks to be a powerful piece of software. All the indicators you could possibly want appear to be there. Setting them up the way want seems to be far more intuitive then NT. I'm also definitely impressed with the looks of Market Profile. For anyone who has done Don Jones' Market Profile course at http://www.cisco-futures.com the Market Profile package in Investor/RT looks to mirror his material very closely. For this reason alone I am leaning strongly to Investor. I would much appreciate feedback from anyone who is currently using Investor/RT and how you find the software.