Recent content by ZiggieCME

Ater reading that Asian Times article, I have the impression that someone over there got burned by exchange rate volatility. Well, anytime you play the game of going outside your own currency, you run the risk of getting burned. Many other things in that article are rather bold yet inaccurate...

I am not sure. The EC has been a tuff call this week. I can tell you that the market did nothing today when Germany released its CPI numbers. That really suprised me. I am waiting around till Thursday to really start trading it heavy again. There simply hasn't been much there for me this...

The TT autospreader will sometimes miss legs so you just have to be careful. Its best just to leg it yourself. Z

As far as charting the spread. . . CQG will chart it (the 5yr./10yr. spread for instance would be 3*FVH5-2*TYH5). Or if you use TT, you can pay for the autospreader (wouldn't actually use it though for order execution) and it will show you the spread market in a pretty straight forward way...

I have to object to that link as far as the Euro FX. By 11AM that contract is all but dead. If you are going to trade it it is by far better to trade it during London market times. I rarely if ever make a trade in it past 11AM Chicago time. I suppose that is great for all the folks from...

Fairly certain the ES, NQ, and EC trade 23hr. 30mins a day. I would guess the Russell 2k does as well since they are all based at the CME. Z

This is what I mean. . . Lets say your analysis tells you to enter a long position. But because your timing was off, you bought at 3.50 and the ES continued to dip to 2.00. Your stop is hit and you are out of the trade because you didn't want to take that much heat. Now the market rebounds...

I agree that if you stick to your strategy he can't affect you greatly. Occasionally, he will make you puke out of a trade if you have to take too much heat. So yes, he will cause you to lose money once in awhile. However, anyone that watches the ES day in day out knows these guys play this...

Becomes effective Jan. 9, 2005. Z

I am new to the forums and have been reading through all the articles and came across a thread about Igor. At least, that is the name I have been given as to the person who throws up the fake bid asks and then yanks them to manipulate the market short term. Well, his days may be numbered...

The emini S&P trades best between 8:30-3:15 Chicago time. That is their "peak hours." I actually find that it can be broken down into a morning session which goes till about 10:30 and an afternoon session which starts about about 12:30 and runs into 3:00 (all Chicago time). During those...

Im rather suprised there wasn't much resistance when it did break 1.35. I was at my desk trading when it broke and I really did expect more resistance when it hit 1.35 but it broke right through it. So much for the Europeans saying they would intervene if it broke through the barrier. Perhaps...

TA is merely a way to analyze a probable outcome in the market over a period of time. TA will not trade for you. If you can find a good working combination of technical indicators you can give yourself a higher probability of success then 50% (flipping a coin). From my experiences, TA gives...

Cup and handle is also discussed in the book CANSLIM. I haven't read it in a few years but I do remember that pattern being discussed repeatedly. If I recall correctly, I believe he always discussed the upward breakouts using it and the handle was always on the right. Ziggie

I started trading back in August. My account went down about 10% in value and in the past two weeks I have finally broke even and ended the day before Christmas Eve with a 2% gain. The gains mostly coming from the Euro FX. The biggest change that allowed me to start running together multiple...