Avarice

Personally I use MetaStock for this kind of query, but like Tams said pretty much every major charting application has this functionality. The real problem you're going to face is how to define support and resistance zones programmatically. None of the aforementioned packages offer a "find major resistance" function out of the box, that's something you'll have to code yourself.

Can someone explain how IB handles trades in instruments that are quoted in a different currency than the account's base currency? Example: My account base currency is the Euro. I have 100 EUR in my account. I go out and buy a contract of mini-sized corn on CBOT (denominated in USD). Let's say the margin requirement for this is USD 2. Q1: How much buying power do I have left in my account? 100 EUR - (2 USD converted to EUR)? My trade turns out to be a loser. I sell the contract and stomach a USD 4 loss. Q2: How much is my buying power now? 100 EUR - (4 USD converted to EUR)? Or do I get a 2nd USD denominated balance that is now negative? If this is so, what about debit interests? If not, what EUR/USD rate do they use? This is so confusing, and their site is not really helpful :missy: Thanks for your help

This is a very good allegory! You're right of course, thanks for the kick up the backside

What do you guys find to be an adequate volume in a futures contract in order to consider it to be a viable trading vehicle (I use an EOD / swing trade strategy)? 500 traded contracts per day? 5,000? 50,000? I've been looking at Germany's TecDAX future and I was shocked to see that it traded only some 400 contracts on Dec. 23rd... I'm afraid of slippage the size of the Bismark if my stop gets triggered in such a market? What are your experiences / thoughts on this?