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


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

  #511 (permalink)
 jmont1 
New York, NY
 
Experience: Intermediate
Platform: NinjaTrader8
Broker: Data = Rithmic -- Gives 70 Level II Data
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,019


FuturesTrader71 View Post
Hi Johny,

Yes, the M6E follows the 6E futures contract (EURUSD) and is active for about the first 2 hours after opening of the European and US sessions. So I would trade it from 2 am to about 4:30 am CT and then again from about 7:30 AM to 10:30 AM CT.

That product dies out dramatically after the European close.

@FuturesTrader71, may I request you share the application you used for this study? I am trying to look at 6C CAD and it woould be great to get this information.

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  #512 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


FuturesTrader71 View Post
Hi Johny,



Yes, the M6E follows the 6E futures contract (EURUSD) and is active for about the first 2 hours after opening of the European and US sessions. So I would trade it from 2 am to about 4:30 am CT and then again from about 7:30 AM to 10:30 AM CT.



That product dies out dramatically after the European close.



This is an old study that I did to get an idea of when the product has good ranges:





jmont1 View Post
@FuturesTrader71, may I request you share the application you used for this study? I am trying to look at 6C CAD and it woould be great to get this information.


That's a Pivot Table in Excel.

Ron


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  #513 (permalink)
 eddie0816 
trenton, nj, usa
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Oil
Posts: 11 since May 2015
Thanks Given: 0
Thanks Received: 1


Hello Morad,

Thank you so much for all the time you take to share your knowledge with us.

I have been learning and practicing volume profile for a little while now and have always struggled to make sense of the P shape and B shape profiles.

It seems to me that they can ultimately go one of two ways, and both ways make sense from a profile point of view.

Using the P shape as the example. It can either mean that a reversal is to come which will fill in volume in the tail. The other path it can take is to trade higher creating a more bell-shaped pattern.

Is there a way you can determine what is more likely or triggers you can look for the give you an edge in making that decision?

Thank you so much,
Eddie

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  #514 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,322 since Jun 2009
Thanks Given: 33,143
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Hi guys,

It is my pleasure to welcome back Morad Askar, aka FuturesTrader71, on Tuesday, January 31st @ 4:30PM Eastern US.

The title of this webinar is: "Ask Me Anything".

Bullet points include:
- AMA: ask anything to FT71

Register for the event:
https://on.futures.io/frkg0

Mike

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  #515 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
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Thanks Received: 12,695

Room is open!

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  #516 (permalink)
 webbclan 
Portland
 
Experience: Beginner
Platform: TOS
Trading: ES, CL, TF, GC...
Posts: 1 since Oct 2016
Thanks Given: 0
Thanks Received: 0

Hey FT71..

Thanks for the webcast today. I always learn a great deal from your presentations. I have purchased your Webinars, listen to the day Trader Bite each day and have gone thru too many webinars on this site to count...

I have a question that has been giving me fits for a while now. I am UNABLE to sit at a computer all day because I have a regular job. Im a sales rep in the Pharma' industry and literally spend all day in my car. So, I cant really "day" trade. I can sit thru the open and perhaps the first 60 minutes or so of the trading day and once in while can get back for the last hour during my lunch. I live on West coast. With all that out of the way, how would you "tweak" your approach if you were forced to become more of a Swing Trader and had to hold stuff for more than the RTH session?

Thanks

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  #517 (permalink)
 mdmmd 
San Francisco
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES, NQ, YM, CL, ZB, GC
Posts: 1 since May 2016
Thanks Given: 1
Thanks Received: 0

Yesterday's AMA session with Morad was the first time I've attended a Futures.io webinar and it was perhaps the best 30 minutes, offering the most astute advice, I can recall spending recently. Will it be archived so we can listen to it again? If so, how can we access it? Thanks again. If that presentation represents the quality of this forum, I'm in for a wild ride.

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  #518 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532

@mdmmd
To save Terry or Mike the time in answering.
All webinars are recorded. If you click on Trading Webinars in the banner heading at the top of the website it brings up all the recorded webinars. The page shows the next few webinars scheduled with the available recordings below. The recording normally gets uploaded a day or two after it has taken place.

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  #519 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
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Webinar recording:



Mike

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The following 4 users say Thank You to Big Mike for this post:
  #520 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,322 since Jun 2009
Thanks Given: 33,143
Thanks Received: 101,476


What did everyone think of the webinar/AMA?

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
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Last Updated on December 2, 2022


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