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FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything (AMA)
Started:March 7th, 2013 (03:35 PM) by Big Mike Views / Replies:103,858 / 509
Last Reply:November 29th, 2016 (02:49 PM) Attachments:19

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

Old April 1st, 2014, 04:26 AM   #291 (permalink)
 Vendor: abctradinggroup.com 
Hamburg Germany
 
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Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
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tturner,

here you go: June 12th Webinar @ CME Group: Exploring FX Futures Using CME E-Micros - Trading Live | FuturesTrader71

Regards,
ABCTG


tturner86 View Post
Can someone provide a link to the CME video where FT71 traded the M6E mentioned early?


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Old April 1st, 2014, 08:32 AM   #292 (permalink)
Elite Member
Spain / Europe
 
Futures Experience: Intermediate
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FuturesTrader71 View Post
Hi Joselopezde,

I would love to do this, but it is very time consuming. I can't promise I can pull this off, but I will give it a shot.

Best,
FT71

Thank you very much. Take the time you need. Regards

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Old April 1st, 2014, 01:35 PM   #293 (permalink)
Elite Member
San Jose, CA USA
 
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On stage5 website, there is a link to register for free to access to client only content. However, registration is not available. Wondering if you will be opening up registration again?

Thanks,

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Old April 1st, 2014, 03:29 PM   #294 (permalink)
Site Administrator
Manta, Ecuador
 
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Platform: My own custom solution
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Big Mike's Avatar
 
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I want to thank FT71 as always for his time on the AMA today.

If you did not get your question answered please post it in the thread.



Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
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Old April 2nd, 2014, 02:02 AM   #295 (permalink)
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ottawa
 
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Posts: 5 since Nov 2012
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Converting time based charts to volume and tick based charts

Futures Edge on FIO

Are you a NinjaTrader user?

 
I would like to get as much feed back from traders who have experience with tick based and volume based charts. I have been trading time based charts successfully for over 6 years as I am a price action supply and demand trader.

My time-frames vary based on style and length of position (scalp, intra-day swing, swing and position)

as of now these are the variations:

scalp - 60 min / 15min / 5 min /2 min
intra-day swing - 240 min / 60 min / 15 min / 5 min
swing and position - weekly / daily / 240 min / 120 or 60 min

the reason i display this information is because I am looking for accurate feedback towards converting these identical fractals into tick charts and volume charts.

Volume Charts:

scalp?
intra-day swing?
swing and position?

i want to find the best volume charts that match the same time based fractals relative to to those variations.


Tick based charts:

scalp?
intra-day swing?
swing and position?

i want to find the best tick charts that match the same time based fractals relative to to those variations.

The markets that I am looking to use this breakdown on are:

6A
6B
6E
ES
NQ
TF
YM
CL
GC
NG

each market will have different variations as they all contain different amounts of volume and transactions.....

***I understand everyone has different views on which time-frames are best for their style however I would appreciate is the responses best match the above timeframe fractals in conversions***

I also understand comparing time vs transactions or volume is like comparing apples to almonds but nonetheless markets are fractal regardless of them being time, tick or volume...


I am including a worksheet I have completed that uses one method to convert time to volume using this calculation:

Daily Minutes = (1440-60=1380m)

Average Daily Volume = VOLMA (90period)

Calculation = (VOLMA/1380) = volume per minute
= (volume per minute) x (#mins chart)
= Volume amount for each timeframe

I don't know if this is the most accurate way to consider this and I have not figured out a way to convert time to ticks......

If anyone can please add to this or provide a method to convert time to ticks and volume I would be forever grateful.

Cheers!

Sean Kozak
Golden Zone Trading
Attached Files
Register to download File Type: xlsx Time to volume chart conversion.xlsx (13.1 KB, 33 views)
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Old April 2nd, 2014, 03:01 PM   #296 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
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Posts: 229 since Feb 2012
Thanks: 48 given, 746 received



Thanks for posting that!

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results.


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Old April 2nd, 2014, 03:03 PM   #297 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
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Thanks: 48 given, 746 received


ArbTrader View Post
On stage5 website, there is a link to register for free to access to client only content. However, registration is not available. Wondering if you will be opening up registration again?

Thanks,

Hi ArbTrader,

The website is being redone in preparation for releasing the S5 Trade Analyzer feature, so the database has to stay static for a bit. If you are a Stage 5 trader and have an account, you would still be getting the Webinar invites/recordings, pop quizzes, etc.

FT71

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and 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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Old April 2nd, 2014, 03:10 PM   #298 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
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Posts: 229 since Feb 2012
Thanks: 48 given, 746 received


SeanKozak View Post
I would like to get as much feed back from traders who have experience with tick based and volume based charts. I have been trading time based charts successfully for over 6 years as I am a price action supply and demand trader.[....cut off]

Hi Sean,

I would like to suggest an idea: Figure out the time frame in which you trade the most. The volume on any product generally runs high on the open of its underlying issues and then dries up over lunch and then picks up again on the close. Hence, the volume is not linear in nature.

Your approach in the spreadsheet is making the assumption that the volume is consistent and so you are dividing it out evenly to get the Volume or Tick bar setting. Instead, consider just creating a session that shows only your most active periods of trading on any given day (say 9:30 to 12:15 ET and then again from 3 to 4 PM ET) and then base your analysis on that.

This way, you will get a higher Volume or Tick bar setting which will give you the detail you want in the morning and then the bar will take much longer to form when it is completely quiet (and probably shouldn't trade). Once you determine what that value is, then the last test is to put it on and see what is comfortable.

Trading is like driving a race car. There is a whole lot of prep and study before the race. But when it is time to race you have to be present and just execute. You can't set your race car's seat based on some numbers. You can get it close, but you have to eventually get in there and make some small tweaks and that is what I'm suggesting.

Good luck!
FT71

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and 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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Old April 2nd, 2014, 08:12 PM   #299 (permalink)
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Big Mike's Avatar
 
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I did find out what was wrong with the AMA from yesterday (audio setup). Apparently the USB hub I am using is real picky about the order in which powered devices are plugged in, and what happened is my (previously tested as working) headset+mic were not being recognized for the AMA and it was defaulting to the Surface Pro 2 mic which sounded like shit in this huge office I am in with concrete walls and tile floors. So hopefully all is well for next time.

Unfortunately the video problems (cropping on intro) are a different issue. I should have my second monitor (30") setup before the next webinar and have that solved.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

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Old April 3rd, 2014, 03:30 PM   #300 (permalink)
 Vendor: www.futurestrader71.com 
Chicago, IL, USA
 
Futures Experience: Advanced
Platform: S5 Trader, IQFeed, IRT
Broker/Data: Stage 5 Trading Corp
Favorite Futures: ES, M6E, FDAX, TF, NQ, GC
 
FuturesTrader71's Avatar
 
Posts: 229 since Feb 2012
Thanks: 48 given, 746 received



Big Mike View Post
I did find out what was wrong with the AMA from yesterday (audio setup). Apparently the USB hub I am using is real picky about the order in which powered devices are plugged in, and what happened is my (previously tested as working) headset+mic were not being recognized for the AMA and it was defaulting to the Surface Pro 2 mic which sounded like shit in this huge office I am in with concrete walls and tile floors. So hopefully all is well for next time.

Unfortunately the video problems (cropping on intro) are a different issue. I should have my second monitor (30") setup before the next webinar and have that solved.

Mike

We all know that you moved to Ecuador to live in a bunker and are running Webinars from there. It is cool. We don't judge.

Risk Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and 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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