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Old 02-22-2007, 11:32 AM
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Re: YM Contract Symbols

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Robert - if you are using TS, just put @YM as your symbol and it will move automatically to the contract with the highest volume at the time (which is where you want to be trading in my opinion).

Same thing for the other indexes - @NQ, @ES, @EC etc etc

You can also do this in TS - go to Symbol lookup, Custom Futures and then pick and chose your options there. I prefer the @ sign, much easier.

If you trade off of something different than TS, which I do, you will easily see if your DOM is matching your chart.
bf, thank you. I'm beginning to get a grasp on all this but your post raises another question for me. I agree with you that @YM makes good horse sense. I like it. However, SoulTrader mentioned in another thread to use @YM on the chart and it will automatically switch to the latest contract for you like you expressed as well but he also implied (or at least I took it that way) that when you place an order to buy or sell, you need to use the correct months symbol such as YMH07. In a nutshell, use @YM on the chart but buy and sell the current symbol. Which is it?

Option 1: Always use @YM on charts and in the order bar.
Option 2: Use @YM on the chart but use the current symbol in the order bar.

Thanks for you help guys. I'm just trying to get a crystal clear understanding of what I am planning to trade.

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