Horse Racing Tick Scalping

Its interesting to see Horse Racing Traders using the same types of tools and techniques that stock traders use, such as using a price ladder to scalp and tick charts with volume for technical analysis.

US residents are restricted from gambling on the Betfair website.

Horse Racing Tick Scalping

Its interesting to see Horse Racing Traders using the same types of tools and techniques that stock traders use, such as using a price ladder to scalp and tick charts with volume for technical analysis.

US residents are restricted from gambling on the Betfair website.

Cyborg Trader

With Advancing technology, I would consider becoming a Cyborg. Just imagine how much better you could trade with a computer chip in your head. LOL

Cyborg Trader

With Advancing technology, I would consider becoming a Cyborg. Just imagine how much better you could trade with a computer chip in your head. LOL

Who is HPT?

Hi, I go by the name of HPT. I live in California and I'm a full time trader.
I've been trading stocks, futures and options for years.
I primarily day trade stocks and stock futures such as ES, YM, and NQ.
I also day trade bond futures ZF, ZN, and ZB.

I use QuoteTracker and NinjaTrader for my charting software, Zenfire as my data feed for futures, and Interactive Brokers as my stock data feed and broker. I'm also using NinjaTrader to backtest trading ideas for my automated trading system. (learn about the free automated trading system I setup with Quotetracker)

I run a live trading channel where you can see me trade live and where you can chat with several other traders-

Justin.tv HPT Trading Channel



Ustream.tv HPT Trading Channel (Ustream channel is inactive currently)


For trading I use two 22 inch monitors and a fast computer. To read more about my setup checkout My Chart Setup.



I have several trading techniques that I use for day trading that I go into great detail on my "High Probability Trade Setups" post.



I also have recorded videos of my live trading and put them on my youtube channel.

Who is HPT?

Hi, I go by the name of HPT. I live in California and I'm a full time trader.
I've been trading stocks, futures and options for years.
I primarily day trade stocks and stock futures such as ES, YM, and NQ.
I also day trade bond futures ZF, ZN, and ZB.

I use QuoteTracker and NinjaTrader for my charting software, Zenfire as my data feed for futures, and Interactive Brokers as my stock data feed and broker. I'm also using NinjaTrader to backtest trading ideas for my automated trading system. (learn about the free automated trading system I setup with Quotetracker)

I run a live trading channel where you can see me trade live and where you can chat with several other traders-

Justin.tv HPT Trading Channel



Ustream.tv HPT Trading Channel (Ustream channel is inactive currently)


For trading I use two 22 inch monitors and a fast computer. To read more about my setup checkout My Chart Setup.



I have several trading techniques that I use for day trading that I go into great detail on my "High Probability Trade Setups" post.



I also have recorded videos of my live trading and put them on my youtube channel.

FOMC update

In my last post I said that I went long JPY, and ER2 as a hedge before the FOMC minutes on the simulator. I honestly didn't expect both to go up. I thought JPY would go up and ER2 would go down. The inverse relationship between the bonds and the stock market hasn't worked at all this week. I will continue to watch the relationship between the two, but will focus primarily on NYSE A/D and NYSE TICK applied to my volume profile trading methodology as my main staple for taking trade signals. It will be interesting to see where bonds and JPY are in 2 days. If they both continue up, I would expect today's action in the stock market to be a bear trap setup, where all the shorts from the last 2 weeks got severly burnt and are now covering, setting up a nice place to short for continuation to the downside for next week.

Market observations from today:
1.I can't tell you how many times I've seen 3pm EST reversals on big trend days like today. First JPY rolled over, then bonds, then the stock market rolled at 3pm EST.
2.Instead of an inverse pair trade between the bonds and the stock market, I'm seeing that the YEN, Euro, and bonds are showing similiar trading patterns in which one may lead the other and give clues to where the future price may be for the lagging instrument at the time.
3.NYSE A/D line topped out at 3:02pm EST, where price reversed on all the stock indices.

Today I burnt some time youtube surfing and found a video that I thought was funny and ironic.