Futures :: Forex Trading

Paper Trading the Emini S&P

Today I was trying to see if how long just over 1000 contracts would last when people started selling, they lasted a fraction of a second.
It looked like one large order took them all out.
so my strategy of waiting to see if they would hold or not would have cost me another quarter of a point trading the ES today.

I would still like some kind of database where I could track all the different factors in the hook trades I am looking at.

The paper trade worked out almost perfect today, I paper traded for a +1.75 profit, the market went on to move 4.5 points in my favor in 4 minutes.

My paper trades were up +4.00 points for last week so this is a good start for week 2.

Using Ecry charts I have a work around for the time line problem. The times are just goofy like 6:22 6:34 and so on, pretty much every time you can think of is shown except 6:00 and 6:15 or 6:30 times are almost never shown.

So I am constantly trying to add 3 minutes or subtract 7 minutes from one of the bars trying to figure out where the heck the top of the hour is.

Anyway, what I do is draw a vertical line at 6:30 when the market opens so I can see where it is, then I draw a horizontal line.


Could be choppy all week because of options expiration this week, and housing starts numbers out tomorrow.

7:20 am - the market has only moved 2 points in the last 20 minutes, so it is really too slow to trade, and the volume on some of the 2 minute bars is around 3000, way to low to trade.

Paper Trades today +1.75
total = +5.75 CODE: 9v6cx5d8ih

Monday, June 15, 2009