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Amen, I had a go at it the other night, and found it quite easy during those hours.. but as soon as it hit 830am EST... all hell broke lose, I knew it would be fast... but it was Fu*King fast!
Crude intraday
- Thread starter RobinHood
- Start date
Amen, I had a go at it the other night, and found it quite easy during those hours.. but as soon as it hit 830am EST... all hell broke lose, I knew it would be fast... but it was Fu*King fast!
white_goodman
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yeah i really enjoy those euro hours for oil, currencies, gold, S&P etc, nice action but not too hectic (generally)
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Damn! Got that right! I take it this is enormous volume at the moment? Up around the 10-12K, considering Fridays volume around the same time was like 2-500, and max of about 7.5K in the US session.
Trembling Hand
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Damn! Got that right! I take it this is enormous volume at the moment? Up around the 10-12K, considering Fridays volume around the same time was like 2-500, and max of about 7.5K in the US session.
Is there something up with IBs volume??
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Must be a data issue, I tried refreshing it and its still doing it.
No one else getting size coming through like this are they?
http://www.youtube.com/watch?v=OziFGnNSvDM
Can't seem to get the video to show up on here?
No one else getting size coming through like this are they?
http://www.youtube.com/watch?v=OziFGnNSvDM
Can't seem to get the video to show up on here?
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It was very big volume, well the moves were at least. Generally a couple hundred contracts in 5 minutes is pretty decent, today one bar had over 1000!!!!
Reason I like day session, is it's so thin, you can see paper clearly when it comes in, and paper can move the market quite easily! Trouble is, you have to do size to take advantage of it, and if you get in trouble, you may have to take out a few levels to get out!
Start of pit-session gets a lot of US figures in the same time, along with a lot of crazy paper getting in there doing all kinds of things, so you can spot some, but it is a scary timezone, it can get very hectic and you can easily get caught in the heat and speed of it which means it's def not for those with a weak stomach or not used to live trading, but I reckon if you lived in their timezone, with the speed you have over there, and all the paper in it, it could be an absolute mint with it's volatility AND volume!!!! On that note, anyone even heard of any US prop firms which offer CL futures trading? I wouldn't mind looking into it down the track.
Before it opens, you get some guys trying to pre-empt it, so you can sometimes get a feel for the pit open by this IMO.
Europe for me is still thin, can be very quiet and is harder to spot any paper. But I haven't watched Europe for several months now.
Again though, 90% of all my crude trades are simply order flow, so smooth chart moves etc don't mean much to me which is what some of these other guys may be talking about............?
Reason I like day session, is it's so thin, you can see paper clearly when it comes in, and paper can move the market quite easily! Trouble is, you have to do size to take advantage of it, and if you get in trouble, you may have to take out a few levels to get out!
Start of pit-session gets a lot of US figures in the same time, along with a lot of crazy paper getting in there doing all kinds of things, so you can spot some, but it is a scary timezone, it can get very hectic and you can easily get caught in the heat and speed of it which means it's def not for those with a weak stomach or not used to live trading, but I reckon if you lived in their timezone, with the speed you have over there, and all the paper in it, it could be an absolute mint with it's volatility AND volume!!!! On that note, anyone even heard of any US prop firms which offer CL futures trading? I wouldn't mind looking into it down the track.
Before it opens, you get some guys trying to pre-empt it, so you can sometimes get a feel for the pit open by this IMO.
Europe for me is still thin, can be very quiet and is harder to spot any paper. But I haven't watched Europe for several months now.
Again though, 90% of all my crude trades are simply order flow, so smooth chart moves etc don't mean much to me which is what some of these other guys may be talking about............?
Trembling Hand
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IB had an announcement early this morning about NYMEX not available. It seems to be linked. You can trade it but their data is stuffed today by the looks of things.
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Yeah its gotta be something skew wiff somewhere! I've logged out and back in again, reloaded everything and its still like it, must be IBs end.
Its weird, seemed fine earlier today, just happened in the last hour or two.
Trembling Hand
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Couple of lists here, I guess look for the one that are futs based and in Chicago or New York. My preference would be NY
http://www.traderslog.com/proprietarytradingfirms/
http://www.trading-lab.com/forums/chicago_prop_firms-t236.html?
http://www.tradersnarrative.com/list-of-proprietary-trading-firms-735.html
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Just got in touch with IB, they know they have the problem and their programmers are onto it.
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Yeh, had a look through quite a few of them, but couldn't find many discretionary futs ones in the US for some reason! Let alone in Chic or NY Will search further when I get a lot more time!
NY wouldn't be as cold, and would prob be quicker considering you would be sitting somewhere near the NYMEX. Reckon with the speed and MUCH cheaper bro you would get over there, money would be farily easy pickings in that market! Nxt is trying to get their Gov to let you work there as a prop trader, can't imagine they would take too kindly to our kind!
Maybe in a few years if I'm not a brirrionaire by then!
Will search further when I get a lot more time!NY wouldn't be as cold, and would prob be quicker considering you would be sitting somewhere near the NYMEX. Reckon with the speed and MUCH cheaper bro you would get over there, money would be farily easy pickings in that market! Nxt is trying to get their Gov to let you work there as a prop trader, can't imagine they would take too kindly to our kind!
Maybe in a few years if I'm not a brirrionaire by then!
TH, what market data subscription is required with IB to trade crude. Can't see NYMEX in the market data subscription page??
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Might be worth asking on here, in the residents questions section.
https://village.albourne.com
I thought it would be a bit of a joke at first, but the quality of the responses I got from people was surprisingly very high. Also, the number of comments in responses means nothing, everyone just PM's you.
Me? Yes of course I need smooth charts for my 50/200 MA crossover system
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Had another crack at it tonight... and well, you know what... I think im in love! Its so easy to read, and it always seems to be wanting to move somewhere, plus its quite easy to get in on a runner.
CL where have you been all my life!
CL where have you been all my life!
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Get back, she's mine!!
Its great to trade, compared to everything else I trade anyway, and it seems real easy to get in and out, missed out on a couple of ripper trades too last night
You trade the first hour or so Naked? .....ok that sounds bad.
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I traded from about 930est onwards. I wasnt in the thick of the massive wild swings like I was the other day.
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Oil rocks.
Anyone catch that short from 83? I got filled @ 83.10, it was gooood see what you guys mean when you say really fast though, I should have milked it for all its worth, but instead I just gave the tit one yank
Should have reversed it after I got out too, something that I need more work on, I often notice how its usually a strong move the opposite way once I'm out, but I exit and leave it at that, content with what I have done, lots of good opportunities missed out on though I think.
Anyone catch that short from 83? I got filled @ 83.10, it was gooood
see what you guys mean when you say really fast though, I should have milked it for all its worth, but instead I just gave the tit one yank Should have reversed it after I got out too, something that I need more work on, I often notice how its usually a strong move the opposite way once I'm out, but I exit and leave it at that, content with what I have done, lots of good opportunities missed out on though I think.
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