TF thread (Russell 2000) ... anything goes
futures io futures trading



TF thread (Russell 2000) ... anything goes


Emini and Emicro Index

Created October 26th 2011 by kbit
Updated March 29th 2020 by Big Mike
looks_onekbit with 789 posts (476 thanks)
looks_twoBig Mike with 38 posts (37 thanks)
looks_3Silvester17 with 30 posts (55 thanks)
looks_4Boomer34 with 23 posts (5 thanks)
 
trending_up146,461 views
thumb_up782 thanks given
forum1,125 replies
attach_file269 attachments



Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

TF thread (Russell 2000) ... anything goes

  #1111 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


Jimmy007 View Post
open interest is 5 x volume so you have real buyers and sellers versus mostly scalpers

you have a low tick increment of .1 point or 1/10t of a point versus 4 or 1/25th for the es and the nq. this has serious advantages. You don't get whipsawed as much.

there are 2000 stocks with small percentages effecting the index versus 5 or 10 controlling the index.

overall a lower tick increment is better along with a lower tick value or contract size. es..2 ticks is 25 bucks.. 3 is 37.70 which is easily done in lots of whipsaws.. this is 6 to 8 points in R2k. your stops for entry can get better fills as well .. or get you in a little earlier. This is exactly why the es volumes are down significantly.. and the NQ volumes are up. the es needs a tick change.. just like the R2K (russell 2000) to .1 equal to $ 5 which would get volumes up and get people trading it again. the arbs and HFT love the 12.50 tick size.. it is ridiculous when you think about it. you pay that minimum on every stop to enter.. versus 5 or 10 bucks and a much better fill on the r2k. the nasdaq is better than es 500 due to the lower tick amount of $ 5 bucks. If this was not true then individual stocks would be trading at increments other than .01 dollar or 1 cent.. stocks if the es would be trading at 3 to 5 cents a tick instead of 1 cent. THIS MATTERS WHEN PLACING Stops and MIT orders to enter trades.

For what it's worth I like the ES where it is and liked the russell at 10.
I think it probably does get more fish in the pond at half price....

Reply With Quote

Can you help answer these questions
from other members on futures io?
How to detach charts and save chart position
MetaTrader
Convert tradeStation code in tradingview
TradeStation
Drummond Geometry Inquiry
Trading Reviews and Vendors
Float Study in Easy Language code but need help converting to thinkscript
ThinkOrSwim
Renko charts with IB data feed?
Beginners and Introductions
 
Best Threads (Most Thanked)
in the last 7 days on futures io
ES futures Spoo-nalysis SP500/SPX
465 thanks
Recession? Depression? Bailout!
201 thanks
Is Orderflow An Outdated Concept?
176 thanks
Coronavirus COVID-19
158 thanks
AMP Futures / AMP Global Review
37 thanks
 
  #1112 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received

I went back to find my post on copper going over 3 but can't find it. I was a tiny bit early on that call and maybe late on saying the $3 party is over. Oh well, I suspect many here don't have a lot of interest in it anyway.

Aside from that, getting a bit annoyed by all the slippage and crappy fills going on in the RTY....

Reply With Quote
 
  #1113 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


1673.5 needs to get printed before any potential long as I see it....

Reply With Quote
 
  #1114 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received

Looking for a run up to 1570... a nice short squeeze might be coming soon. if going to happen I would think it would be before Friday but not seeing a catalyst nearer term so just keep an eye out. As of the writing of this post a possible bottom may be in...a bit early to say for sure however.

Reply With Quote
 
  #1115 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


kbit View Post
Looking for a run up to 1570... a nice short squeeze might be coming soon. if going to happen I would think it would be before Friday but not seeing a catalyst nearer term so just keep an eye out. As of the writing of this post a possible bottom may be in...a bit early to say for sure however.

The way it's going I think it's increasingly unlikely we will see 1570 ....

Reply With Quote
 
  #1116 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


kbit View Post
The way it's going I think it's increasingly unlikely we will see 1570 ....

Well, looks possible again...
1570 does have significance, I bought near the lows but dumped it. Will be looking for another entry somewhere.

Reply With Quote
 
  #1117 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


kbit View Post
Well, looks possible again...
1570 does have significance, I bought near the lows but dumped it. Will be looking for another entry somewhere.

I think I pretty much have to write 1570 off...in the middle of this downfall another area popped up and quickly got hammered. I am noticing a definite change in the market behavior...and not just that it has dropped. When I get a better understanding I will post my thoughts.

Reply With Quote
 
  #1118 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


kbit View Post
I think I pretty much have to write 1570 off...in the middle of this downfall another area popped up and quickly got hammered. I am noticing a definite change in the market behavior...and not just that it has dropped. When I get a better understanding I will post my thoughts.

The other spot was/is 1530. We got back to it and above it and tested it. That said, we might get another test around there but am now looking to get back to 1570. That maybe the end of the run up...Don't know but, point is for those reading this to keep those areas in mind.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #1119 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received

Thought I would post some trades this week but the entire week in the rty was a freaking mess...more than usual.
The past month or so has been kind of goofy actually I guess the market only moves to Trumps tweets or Powells bs.
I guess I forgot to add China news, nothing else seems to matter these days.

Reply With Quote
The following user says Thank You to kbit for this post:
 
  #1120 (permalink)
Aurora, Il USA
 
Trading Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,901 since Nov 2010
Thanks: 3,294 given, 3,351 received


Looking to buy around 1027 if it gets there. The way it's going might be real soon
Laying low at the moment, don't want to get bulldozed.

Reply With Quote

Reply



futures io Trading Community Traders Hideout Emini and Emicro Index > TF thread (Russell 2000) ... anything goes




Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Social Media Predictive Data for Traders w/Joe Gits @ SMA [and Lime Brokerage]

Apr 9
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How to set my chart properly for the RUSSELL (TF) trendisyourfriend Emini and Emicro Index 13 July 9th, 2017 06:36 PM
Tick Data (TF, Russell 2000) momop540 The Elite Circle 29 May 13th, 2014 05:46 PM
BruteForce-Mini Russel 2000 Zoethecus Trading Journals 17 July 14th, 2010 12:17 PM
FF allows the THREAD STARTER to ignore posters so they can NOT post in their thread. TheRumpledOne Off-Topic 2 September 19th, 2009 12:53 AM


All times are GMT -4. The time now is 11:30 AM. (this page content is cached, log in for real-time version)

Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts