Lately, at least from feb when i started to trade almost esclusively CL and BNR, they both move really well in the EU morning session, and in a more tradable way, less fastest jumps. Who like CL, maybe will like BRN too, it move in the same fashion of CL, and the two are high correlated, BRN often jumps more, ie jumps quickly more ticks, it is good when it goes in your side, but can slip your stop of more ticks of CL.

Can you put those two side by side so we can see what you mean.

Thanks

Being a scalper on 6 Range bar charts. The number of bars produced in a session is most important to me, because that determines how many opportunities I get. I mainly trade the CL and GC between 8:00am-4:00pm EST. I will easily get 30 to 40 trade-able signals everyday each on the CL or the GC.

Because of the wild nature of the CL and GC, they will sometimes produce bars so fast that they are not trade-able. When you review your charts at the end of the day you will see some awesome trade signals, but you could have never traded them, because they were produced by 50 bars that were printed all in less then 5 seconds. My bar counter counts the total number of bars produced in the session, also records and colors bars that were produced less then 3 seconds apart. The following show these numbers for today, for the main futures and ETF's I generally trade, all on 6 range bars.

CL - Fast Action Bars: 44%, out of 3486 total bars
GC - Fast Action Bars: 32%, out of 2540 total bars

FDAX - Fast Action Bars: 19%, out of 672 total bars
TF - Fast Action Bars: 4%, out of 517 total bars
6E - Fast Action Bars: 5%, out of 481 total bars
ES - Fast Action Bars: 1%, out of 112 total bars

GLD - Fast Action Bars: 11%, out of 1321 total bars (Gold ETF)
SLV - Fast Action Bars: 6%, out of 954 total bars (Silver ETF)
SPY - Fast Action Bars: 4%, out of 509 total bars (S&P 500 ETF)

Look at the number of bars produced by the ES, I don't know how any retail traders trade that thing. I would rather trade the SPY (ETF) any day instead of the ES.

Those CL fast bars, are they with trend fast moves or counter trend?

Monpere,

Thanks! Interesting.

I like the NQ futures; stats for that today (if you are up for a quick request)?

peace

r247

Just fast printing bars, not trend specific. I don't take trend into consideration in my trading.

Being a scalper on 6 Range bar charts. The number of bars produced in a session is most important to me, because that determines how many opportunities I get. I mainly trade the CL and GC between 8:00am-4:00pm EST. I will easily get 30 to 40 trade-able signals everyday each on the CL or the GC.

Because of the wild nature of the CL and GC, they will sometimes produce bars so fast that they are not trade-able. When you review your charts at the end of the day you will see some awesome trade signals, but you could have never traded them, because they were produced by 50 bars that were printed all in less then 5 seconds. My bar counter counts the total number of bars produced in the session, also records and colors bars that were produced less then 3 seconds apart. The following show these numbers for today, for the main futures and ETF's I generally trade, all on 6 range bars.

CL - Fast Action Bars: 44%, out of 3486 total bars
GC - Fast Action Bars: 32%, out of 2540 total bars

FDAX - Fast Action Bars: 19%, out of 672 total bars
TF - Fast Action Bars: 4%, out of 517 total bars
6E - Fast Action Bars: 5%, out of 481 total bars
ES - Fast Action Bars: 1%, out of 112 total bars

GLD - Fast Action Bars: 11%, out of 1321 total bars (Gold ETF)
SLV - Fast Action Bars: 6%, out of 954 total bars (Silver ETF)
SPY - Fast Action Bars: 4%, out of 509 total bars (S&P 500 ETF)

Look at the number of bars produced by the ES, I don't know how any retail traders trade that thing. I would rather trade the SPY (ETF) any day instead of the ES.

monpere, intesreting stats. I was wondering what were the numbers, now we know, thanks. Just out of curiosity, is the indicator used to measure the speed available somewhere ? Also, i note that only the FDAX seems to have out of ordinary numbers. The others seem to show a proportional quantity.

Regarding your last comment 'Look at the number of bars produced by the ES, I don't know how any retail traders trade that thing.' If you trade the ES you usually don't want to scalp it for a 6 ticks profit unless volatility gets higher than normal. I typically aim for 3 to 8+ points. To achieve that you can't wait for confirmation or wait for a reversal bar. Instead if you aim to trade the ES, you will want to trade some key locations and forget about any of the usual indicators like RSI or StockRSi etc. This is not a trending instrument and it is heavily used for hedging. I use Market Profile to identify key locations on the ES. The benefit of the ES is in the liquidity it offers. The ES behaves a lot like the currencies in a smaller scale. More particularly with currencies it's not unusal to observe a channel during the Asian session and when the London session is about to start price goes in one direction to trap many players and then go in the opposite direction for 4 to 6 hours. That's the type of movement you want to exploit. The same type of behavior occurs on the ES but the period is different.