hope this may be instructive for would-be 'news' traders
attached chart illustrates the difference between the 6E and eurusd during the
8:30 est minute following Friday's non farm payroll release, 6E left, eurusd right
the 6E chart is a bit deceptive since it's now frozen, it's a 10 tick chart and there's
approximately 140, 10 tick price bars between the white vertical lines that designate
the start to end of the 8:30 minute, each price bar formed at 0.4285 sec per bar -
60 secs / 140 = 0.4285 sec per bar
info:
- tick chart from NinjaTrader, minute chart is MetaTrader 4
- 6E is the Globex Euro FX futures contract, daily av vol about 180,000 see:
Welcome to Barchart.com EURO FX (E6U9) click on C
very thin vol during evening hours, best trading range often begin 2am est,
highest vol for the day often noon est - end of european business day
market closed 5pm - 6pm est otherwise forex hours
- minimum account margin $2 - 5,000, day trade margin $500, o-n $3500 ?
roundturn commission - in and out - is about $4.50 per contract
- a minimum P4 chip, 1GB ram and XP Pro is required to run NinjaTrader
high speed internet, the Zen-Fire data feed doesn't filter ticks - reduce the
quantity, a modern computer is recommended with 3 or 4GB of ram
there are of course several other charting/order entry programs available
that provide tick charts
- the Zen-Fire feed doesn't provide historical Daily data but the MT4 eurusd
data is close enough imo to the 6E except when the 6E first changes to the
new contract month - Sep, Dec, Mch, Jun
historical price data can loaded into NT
- a few MT4 indicators have been converted to NT and seem to convert well,
not sure if Experts have been converted, see: NinjaTrader Support Forum
NinjaScript File Sharing - Indicators, Strategies
- NT demos are available, 30 day limit, email address based:
Online Futures Trading, Futures Brokers - Amp Futures Trading
Registered Futures Broker. NinjaTrader with Zen-Fire. Online Futures Trading - MIRUS FUTURES. and etc
Futures, Forex and Equities Trading Platform. NINJATRADER. Leading Edge Online Trading Platform.
attached chart illustrates the difference between the 6E and eurusd during the
8:30 est minute following Friday's non farm payroll release, 6E left, eurusd right
the 6E chart is a bit deceptive since it's now frozen, it's a 10 tick chart and there's
approximately 140, 10 tick price bars between the white vertical lines that designate
the start to end of the 8:30 minute, each price bar formed at 0.4285 sec per bar -
60 secs / 140 = 0.4285 sec per bar
info:
- tick chart from NinjaTrader, minute chart is MetaTrader 4
- 6E is the Globex Euro FX futures contract, daily av vol about 180,000 see:
Welcome to Barchart.com EURO FX (E6U9) click on C
very thin vol during evening hours, best trading range often begin 2am est,
highest vol for the day often noon est - end of european business day
market closed 5pm - 6pm est otherwise forex hours
- minimum account margin $2 - 5,000, day trade margin $500, o-n $3500 ?
roundturn commission - in and out - is about $4.50 per contract
- a minimum P4 chip, 1GB ram and XP Pro is required to run NinjaTrader
high speed internet, the Zen-Fire data feed doesn't filter ticks - reduce the
quantity, a modern computer is recommended with 3 or 4GB of ram
there are of course several other charting/order entry programs available
that provide tick charts
- the Zen-Fire feed doesn't provide historical Daily data but the MT4 eurusd
data is close enough imo to the 6E except when the 6E first changes to the
new contract month - Sep, Dec, Mch, Jun
historical price data can loaded into NT
- a few MT4 indicators have been converted to NT and seem to convert well,
not sure if Experts have been converted, see: NinjaTrader Support Forum
NinjaScript File Sharing - Indicators, Strategies
- NT demos are available, 30 day limit, email address based:
Online Futures Trading, Futures Brokers - Amp Futures Trading
Registered Futures Broker. NinjaTrader with Zen-Fire. Online Futures Trading - MIRUS FUTURES. and etc
Futures, Forex and Equities Trading Platform. NINJATRADER. Leading Edge Online Trading Platform.
