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Old 04-12-2007, 01:28 PM
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Re: Volume on Ag's

are you guys refering to ag minis or just plain ag`s.... I am curious, never traded this market. thanks Walter.

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Old 04-12-2007, 02:12 PM
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Re: Volume on Ag's

Walt,
The big AG's at the CBOT is what I'm referring to. That's where the money is.

Look at today's activity in the big three: Corn, Wheat and Soybeans. 10 cent move down, then back up. Same tick value as the ES ($12.50/tick). Margins are comparable too.

Need I say more? Here's a couple of CBOT seminars to whet your appetite:

CBOT - Why Stock Index Futures Traders Will Love Trading Corn, Wheat & Soybeans

CBOT - Trading the Grains: Tools for Spotting Profit Opportunities

The .pdfs attached on those pages should also provide additional insight for you.

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Old 04-12-2007, 03:12 PM
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Re: Volume on Ag's

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Walt,
The big AG's at the CBOT is what I'm referring to. That's where the money is.

Look at today's activity in the big three: Corn, Wheat and Soybeans. 10 cent move down, then back up. Same tick value as the ES ($12.50/tick). Margins are comparable too.

Need I say more? Here's a couple of CBOT seminars to whet your appetite:

CBOT - Why Stock Index Futures Traders Will Love Trading Corn, Wheat & Soybeans

CBOT - Trading the Grains: Tools for Spotting Profit Opportunities

The .pdfs attached on those pages should also provide additional insight for you.
You are totally correct. The money is in the big contracts like Soybeans....Corn etc... The margin is insane though....it's so low? Why does it feel like I'm getting alot of bang for the buck here? Maybe my calculations are wrong.

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Old 04-12-2007, 03:30 PM
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Re: Volume on Ag's

You ARE getting a lotta bang for your buck. If you can trade the CL (or ER2 for that matter), the grains should be a cinch.

Today is a good example. Even a fool could have taken a cent or two out of any of the big three....and bigger fools, like me even more!

The reason I mainly trade the grains versus the indices is that they are affordable (at most brokers) and have the same tick/point value as the ES, with a greater daily range.

And they're more manageable as they respond to technical analysis more readily. But like all futures, they're susceptible to fundamentals - and that means Economic Reports.

If you're not holding overnight or swing/position trading, you should be fine, as the limit moves won't affect you. I always try to wait a few minutes after opening to gauge the sentiment of the market before jumping in anyway, so I haven't been burned yet.

Plus the hours (10:30a-2:15p ET) allow you time to tend to other things like banking in the AM, golfing in the PM, etc....

Read up on it...those two links I posted above should give you plenty of perspective. And always keep your stops in place, just in case.

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Old 04-12-2007, 08:09 PM
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Re: Volume on Ag's

Here's some screenshots of today's activity on the grains. Not too difficult to get some of this, I'd think.
Attached Images
File Type: jpg Corn_041207.jpg (204.7 KB, 20 views)
File Type: jpg Wheat_041207.jpg (200.3 KB, 17 views)
File Type: jpg Soybeans_041207.jpg (200.0 KB, 15 views)

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Old 04-12-2007, 11:12 PM
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Re: Volume on Ag's

Nice screenshots - i'll pay for the CBOT data I guess next month, maybe watch them during the day. What i'm really looking forward to is ICE. All the NYBOT commodities are now listed electronic....since ICE bought out NYBOT.

Your system looks INTENSE and hardcore, I have no idea what that stuff is. I don't understand what alot of you talk about on this forum, for example I don't know what a straddle is, and my eyes glaze over when I hear about options.

The most advanced thing I know about is the TICK & TRIN...and those I'm still iffy if they actually make me any money. I have a very basic low tech system. It mostly consists of capitalist brainwashing morals I rehearse before I go into the oil markets to take other peoples money away from them.

One thing I don't understand is why you use the number for ticks. Why not just do 100 ticks. What's the benefit of these odd numbers? Can you somehow act before other people do?

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Old 04-13-2007, 09:13 AM
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Re: Volume on Ag's

915 mins per trading day in the Ags (overnight + day session).

183 is just a "factor" of 915.

Esoteric to be sure, but no more so than W.D.Gann or Fibonacci.

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Old 04-13-2007, 10:43 AM
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Re: Volume on Ag's

I think I'm getting delayed quotes on TS for Ag's. There's another $50 for regular products (not emini) for live quotes. Is this true? I'm still not getting emini Ag's at all.

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Old 04-13-2007, 11:04 AM
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Re: Volume on Ag's

nice cooter, I see you are using the cumulative delta テつ。テつ。テつ。 do you have any programing skills ? , I wanted to create a cumulative delta that would start acumulating on the first bar of every session till the end of the session, thought I didnt make it.... cheers Walter.

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Old 04-13-2007, 11:16 AM
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Re: Volume on Ag's

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nice cooter, I see you are using the cumulative delta テつ。テつ。テつ。 do you have any programing skills ? , I wanted to create a cumulative delta that would start acumulating on the first bar of every session till the end of the session, thought I didnt make it.... cheers Walter.
That's my goal some time this weekend. I saw a forex video with the cumulative tick indicator that SoulTrader had put up, and it made too much sense to me as well.

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