AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything - futures io
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AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything


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AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything

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  #321 (permalink)
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Tip


There will be a Live AMA session on Tuesday, May 13th @ 12:00 PM ET.

- Quick and casual, 30 minute cap
- No prepared presentation
- Live screen sharing
- Floor will be opened immediately to questions
- Recording uploaded to AMA thread afterwards
- Attend live to get your questions answered

The link for the event is:
https://www3.gotomeeting.com/register/951444062




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  #322 (permalink)
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AMA room open.

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AMA recording:



Thanks to FT71 as always for his time. If you did not get your questions answered you can post them here and FT will do his best to answer.

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  #324 (permalink)
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hi FT
you mentioned you scalp around your entries in a recent webinar and I assume you use first in first out (FIFO) setting. Is there a place in your strategy to use last in first out (LIFO) or some combination in your trading?

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  #325 (permalink)
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Morad is presenting a fantastic webinar tomorrow on the Impact and Performance of Professional Trading Environments.

June 3rd, at 4:30 pm eastern US. You can find more info here:



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  #326 (permalink)
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Big Mike,
Thank you for the work you do in making a great website and getting great speakers. And thank you for your continued generosity in doing things like giving away books.
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@FuturesTrader71

What is OTF?

Answered my own question from your website glossary:

OTF - Other Time Frame [Buyer or Seller]

This describes all participants with a time frame that is greater than the one you are in. Major trending or vertical moves are completed by larger participants who are using a greater time frame than the one you are looking at. When the OTF participates, it generally takes many prices and a lot of volume transacted to complete an order. Funds, swing investors, governments and financial institutions in general are operating at the OTF level. They are recognized when we move from “horizontal development” to “vertical development”. They are also recognized using the opening swing, initial balance and other indications.

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  #328 (permalink)
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Hi guys,

I watched your video and found it very interesting. Thank you all for your time doing that. I saw an idicator that was interesting. What is the name of this one attached? I hadn't seen it before. Hoping thats something I can put together on my Ninjatrader charts. I'd like to observe it for a while.

Cheers!


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  #329 (permalink)
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Broman View Post
Hi guys,

I watched your video and found it very interesting. Thank you all for your time doing that. I saw an idicator that was interesting. What is the name of this one attached? I hadn't seen it before. Hoping thats something I can put together on my Ninjatrader charts. I'd like to observe it for a while.

Cheers!


This is the Volume Breakdown Indicator on IRT. It is the volume delta in the form of green and red candlesticks. The grey bars are volume delta momentum bars. If you don't know what IRT is, let me know.

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The following 3 users say Thank You to FuturesTrader71 for this post:
 
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  #330 (permalink)
Chicago, IL, USA
 
Experience: Advanced
Platform: CT Bookmap, IRT
Broker: EdgeClear.com using Rithmic/IQFeed
Trading: ES, CL, RTY
 
FuturesTrader71's Avatar
 
Posts: 306 since Feb 2012
Thanks: 122 given, 1,147 received



contrails View Post
hi FT
you mentioned you scalp around your entries in a recent webinar and I assume you use first in first out (FIFO) setting. Is there a place in your strategy to use last in first out (LIFO) or some combination in your trading?

Hi Contrails,

I don't think of it as FIFO or LIFO. I'm using the S5 Trade Analyzer to manage my theoretical average. I don't care which contracts go in or out first. I just need to know where my true "scratch" price is on this trade as I trade around the position.

Hope that helps.

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io "Ask Me Anything" thread
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The following 2 users say Thank You to FuturesTrader71 for this post:


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