adam777

This isn't Maelstrom's system but a completely different system which doesn't even use range bars. Why post it here?

Hi M Do you use the range in the blue box on the left as the extension for the target (ie placing the range of the blue box at the bottom of the entry candle) ? Please see my comments on your chart for a better expaination of my question.

Hi M Great thread! Can this system be traded withn a 10 point range bar (instead of 20) and only trading the YM during the New York night session? (I live in Australia) Thanks Adam

Thanks for everyone's quick replies. Looking at learning to daytrade futures. I have done stocks and I'm moving on. The YM looked interesting as its often sold to newbies with the attractions of a low point value, lots of volume so less slippage etc, and it slowly moves up and down (less eratic), only $3.32 RT, and free data; as opposed to other more eratic, more expensive to trade, and higher point value financial products. So I'm looking for something simmilar to the YM to learn with during the London open (when I get home from work). I'm happy to papertrade first, then risk 1% of $10k and later $20K, but I need something that moves slowly, doesn't need to be held overnight to make a profit, and the data and fees are low enough like the YM. I will check out the financial products allready mentioned .... thankyou

Hi I'm located in Australia so the New York trading session is the early hours of the morning for me. I've been looking at the "time & sales" for the YM during the New York night session, and I'm wondering if there is enough volume to trade the YM during the beginning of the London session? I'd only be trading one or two contracts at a time and day trading. Cheers Adam