Traders' Roundtable

Does anyone know what to make of this? It seems odd that open and close are identical or almost identical in so many instances. This chart was built by rolling on OI, second trigger.

New product launches

This may be helpful:

http://www.cmegroup.com/clearing/files/ ... guards.pdf

NEW YORK -- CME Group Inc. will switch the procedure for settling Comex gold and silver futures to a method based on average price and volume rather than a specific price point, the exchange said Monday. As of Friday, staff will settle the most-actively traded month of each contract at the volume-we...

From MNS: The CME's Globex Control center says all trades will stand on what was clearly an error trade in June 10-yrs as the contract traded up to the 119-06.5 level at 8:30 am ET. According to time and sales, some 9,174 June 10-yrs at that price in just 1-minute, and compares to current levels of ...

Thats worth printing and filing in the system development notebook. Thanks for sharing the good advice. That was well written.
Shane

RE: Trading Hours for Tokyo Grains, Metals and Energies Earlier in the month, the Tokyo Commodity Exchange (TOCOM) modified the trading hours for their Metals and Energy products (Aluminum, Crude Oil, Gasoline, Gold, Kerosene, Palladium, Platinum, Rubber and Silver). The current trading hours for th...

We provide direct market access to all global exchanges. Wisdom Financial is an independent introducing broker to MF Global, NewEdge, RJO, OEC, and PFG. You can reach me at shane@wisdomfinancialinc.com or 800 854 6354 with any questions.

Wisdom Financial is still a Trading Blox support broker. If you have any questions or need assistance please contact us:
Wisdom Financial
800 854 8203
949 244 5648
www.wisdomfinancialinc.com

I've been using their software from the start and I couldnt agree more. We constantly complain and make suggestions for upgrades and improvements on deaf ears. The old Refco platform that Man took over is no better. The OEC platform is the coolest online trading platform I've seen yet. Lets hope som...

I'm pretty sure we can help you. Give Zach or me a call at 800 854 8203.
Shane Wisdom

The problem here lies in the traders experience. If you are running your own system and placing the orders through an online platform its important to understand each order type and how they must be placed. For example, sell stops can not be placed higher than the market close, and buy stops can not...

Slave2MYT$,
I would recommend placing market orders for "1st ring" execution. That is the most liquid session and will offer the tightest spread.
Best regards
Shane Wisdom
www.wisdomfinancialinc.com

Thanks TK. I included the same report with $50 factored in for trade costs. Any feedback is appreciated.
Thanks
Shane

I'd like to get some feedback on this system. We've been trading it in the futures with good success for about 6 months now and have back tested the strategy on EURUSD data. The results look very impressive to me, and we'll take the system live on FX data in the next week. I just wanted to get some ...

Hlpsg, The "special execution" desk they're referring to is also referred to as a "give up" broker. This is a broker that works outside of Refco (their clearing firm) who will attempt to provide better customer service, market information, and fills than Refco may be able to prov...

hlpsg, We would be glad to help you. We've been overseeing customer accounts implementing 3rd party and proprietary trading systems for almost 10 years now. We established Wisdom Financial last year to provide our clients with better rates and more services than we were able to negotiate through Ref...

Bill, If you're interested in personalized service, a broker that knows your voice when you call, and a knowledgable representative in the industry give me a call. We offer a number of trading platforms and clear through Man Financial, one of the most respected clearing firms in the industry. I can ...

Trading Coach, I can help you. We clear through Man Financial and have a couple custodians to choose from. Millennium is one of them and the same fees apply. You can place orders online or by telephone and we are very experienced with all spread strategies. We can also provide you with some of the b...