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I would be more inclined to trade this instrument if I didn't have to pay the TS data fees. Currently, I'm paying for COMEX and NYMEX and I'm thinking about adding CME for the currencies. Adding ICE/NYBOT just isn't high on my priorities. However, this is one instrument I've been watching for a while.
“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” - Sun Tzu
The following user says Thank You to cbritton for this post:
I traded it over last few month. It's an absolute trending market.
But: 1 Tick 11.20 $ and a good stopp takes 40-50 ticks and more. you see expensive.
works perfect in hourly/daily for trending.
I think I have a similar trading strategie ( HH, HL, LL, ) as BM.
I trade on naked barchart, only sometimes with supertrend as volatility-stopp.
here the trading hours. (ET+6)
Mo. - Fr. 03:30 - 14:00
In the next traders magazine ( 01/2011 ) there were published an article of my strategy trading SB.
I you trade via Ninja you have to purchase an extra ICE historicla data feed, leike kinteck, barchart and so on. Zenfire only has the tick, nothing more. no historical data, nothing.
I like SB. best time to trade is from 14:30 till 20:00 ( European time )
The following 3 users say Thank You to razorbuzz for this post: