FIRETIP USER MANUAL
Contents
1. 8 Confirm Whether You Are Logged Into a Demo or Real ACCOUNR ccssecessseseeeseceseseseeeeeseecesseecesseecesaeecesseecessueceseaeeessaeeees 8 pigs e 9 S GNI ICI P 10 Beds nguHi come c 10 dtm E A 11 Dig m M 12 MI IP Ss di s c 13 I THE TRADING MATRIX CeI 13 Adine a CONU ACE TEE N EE EES 13 REmMOVINE a CONAC eerren riae a E E NE EA ANE EE EEES E EE EEE OEEO EE EEA EEEE AA 14 OUN COU TE E aE A AE apo cs EE ETE TETEA E AE 14 Adana AVA Ne ETT TEE 14 Cusrom 2S VS NI a m c 9S 15 Il TRADE WITH THE MATRIX E 16 Bde OC lia o TT m 16 Matri Pre Order Folda TT t s 17 Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 2 of 35 GENERIC TRADE Futures amp Options Ta Cie Directly rom the Matrik Tt m 17 One Click Trading and the Trading Matrix cccssscccccssssccccceeseccceeseeeccesseesecceesuaeceessaeaeeceseeeueceeesuaseceeseuseeeeesuaneeeeseaes 18 Ill THE ORDER BOOK2. 19 Change Orders Directly on the BOOk ccccccccssssseccceesecceccseseccecueasccessueeeceesaaeceeseeeseceessueneeeeeseaseseesauaeeseeseaeeeesaaaes 20 MINER pes M 20 We ACCOUNT DETAIL c 21 VENE W S 22 VILSTATEMENTS recreere nenene owes E E E O Ea O E E EOE arae 23 USE Rd qp 24 Addie MAE a T 25 Alert NOUEIO E e E E E E T Id UN DM OU E ON IT nU EEn IIT MEUS ED Sd 25 IIR EDI r 26 I INTRODUCTION TO CHARTS reese specs 26 AdE a AN E E E E AE E A AEA E N A AE E 26 eiaei E P E A E E E EE E E bep cbndiu Pera 27 IM CHART TOOLS 27 Me INDICATORS poe E E E E E E N 28 UII AINE S c ee E S E 31 I UNDERSTANDING THE DEPTH TRADER seeesesseeeeee enne nennen nennen ne heres te sese sentes etes t esset eterne 31 A ADVANC CED TRADER FT 33 l USING THE ADVANCED TRADER cc rictes aes ea dite uie nA i EE RETER EE R ATRE DEE 33 Advanced Ti der CACO SS escien E E E E E E
3. MODIFY MOD To cancel replace or modify an order click the MOD button for the particular order An order entry window will pop up from which you can change the parameters of an order Please note that you cannot change an order from BUY or SELL or vice versa using the MODIFY action You can only change the quantity price and order type Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 19 of 35 CHANGE ORDERS DIRECTLY ON THE BOOK You can change your order Quantity and Prices directly on the Order book To do this click the PRICE or QUANTITY of the order you desire to change and then click the checkmark to accept the changes GENERIC TRADE Futures amp Options In this example we clicked the price of 1275 25 to bring up the change price control functions Order BS cry e08001278 ELI 1 Cunitr ei Pee Type EMSs sep 127525 LMIT ADREG We can change the price up or down hit the checkmark and the order will be changed accordingly This is a convenient method to add or remove quantity and move the price up or down a few ticks without having to bring up an order entry screen FILLS WINDOW The top portion of the Fills Window displays your orders that were filled today The bottom pane shows your Positions for your day s trades and includes a P L based upon your current day s trades Ea Fils Window Order 54605 54571 o45D3 544653 54435 Contract Eure
4. USING THE ADVANCED TRADER The Advanced Trader enables you to watch the market dynamics and trade with our customized One Click Trading technology d M ECBL Advanced Trader Position LONG 2 1 5845 Tick Val 1 PIL 5 150 00 0 0008 Total Vol 16 Trade GoFlat Cancel A H Price Vol Orders 8 Bid 8 Ask H Size HT Size 374 1 5858 380 1 5858 E 401 1 5857 437 1 5856 394 1 5855 233 1 5854 458 1 5853 381 1 5852 398 1 5851 556 1 5850 lg 500 1 5849 B 546 15848 B 516 15847 lg 1 5846 1 5845 1 5645 1 5844 1 5843 Bol 5 1 5842 8 c8 is 1 5841 B v ENDO 1 5840 oi 1 5839 1 5838 1 5837 1 5836 1 5835 1 5834 wi Buy Market Quantity l eee Buy Bid al s Sell Ask Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 33 of 35 GENERIC TRADE Futures amp Options ADVANCED TRADER FEATURES You can get quotes watch market movement trade and view your positions for individual markets from the Advanced Trader window Firetip s technological advanced is encompassed in the Advanced Trader window NOTE The Advanced Trader incorporates One Click Trading Features Please confirm that One Click Trading is disabled before educating yourself on the order entry process To Trade with One Click you must first Enable One Click Trading from the Settings panel on the Main Menu By default the One Click Trading is disabled It is
5. grab the retracement tool pencil d and click at your first point on the chart hold the mouse button and drag to the second and final point on the chart The retracement tool will populate with popular retracement Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 27 of 35 GENERIC TRADE Futures amp Options values commonly known as Fibonacci numbers You can modify these values as well as the color of the retracements the same way you would do with when drawing Trendlines e Print Charts You can print the active chart tab or all chart tabs Click the down arrow next to the printer to see the option of Print All Chart Tabs ay Print Current Chart Tab Print All Chart Tabs e Indicators Click the Indicator Icon N to see a list of indicators you can add to your charts All Indicators are fully customizable You provide as defaults the popular commonly accepted settings for the indicators but you are free to custom the settings however you desire INDICATORS The charting package allows unlimited indicators to be placed on the chart itself Firetip charts do not lock you into any proprietary settings While we have provided the most popular inputs as defaults you are free to enter any value you wish MOVING AVERAGES There are two basic types of moving averages MA Simple and Exponential Simple MAs show the average price for the selected time window The value of the MA depends on two factors
6. 5 8 1343 25 A1 R L 433 CHE 5 SER t E EIHI SAF 5060 iiss oo 41 44 48 CHE B E NTHI 4 5 1765 25 41 43 CHE 1 SEF z E HEIMI SAF 500 1343 25 METET TPE 5 SEF 02 E ELHNI SF 50b 1245 75 31 34 43 CHE A SET 53 E KTHI S amp F 580 1557 06 1 3 1 DE I SE UE E KIHI 547 50D 1732 00 31 82 ii 3 SEY E HIHI SF 500 1341 56 11 34 43 CEE i SEF E EINI 5 4F 50 1252 00 D T CRE 3 5ET Op FK HTHTI SAP 300 12 OG ilio CBE 14 XET dd E HIHI 4 S00 1343 i KE 43 PE 1 SEF j E EDII SF 50 ies So 1 2 0 CHE 4 SEF N E KTHI S4F 30 164 50 Wi KE 03 CM 1 SEF 08 KINI vAr 500 1701 75 91 34 23 CHE SEF E EINI X4F Soo 1741 75 WIL 93 cE 1 SEF 08 E HIHI SF 300 1555 25 Dee ae THE T ET B E KTIHT SAP 2B 1289 50 A amp 1 XL d3 cee SEF of HEINI SAF Soo 1717 00 RL d43 BE 1 SEP j E EIHI OF 50 1243 50 7 2 20 CRE 5ET B E HTHTI SAP 300 1914 5D wi RE d3 CHE 1 SET o E KIMI Sar S00 1744 50 M SOL 94 CRE SEP E ELHI S amp P 500 1212 80 T L CBE Ll SEF E E SAF Toh 1272 80 A1 R23 33 CM 1 SEF 08 E KIHTI SAF 300 167 56 aisi CHE 3 SEF of E EDDHII SAF Soo 1214 56 JAX 43 PE a SEF 08 E EDII GF 50 is pi TTE DE mu FX 19 5FT H Pal FOR TINEFUGRBHMATTOH MHLE Wat 1 187 E CR ae Se A repris eS a nya da Hs ee Di ee nec d TREDE PEMET Lo SHOT w PRICE oc DERIT CPEDIT E 08 TOT 5 AEF O8 1E YR Wi T HUTI AM TUX U 758 18 DR a a8 BOUT 5 XEF jb ib YR W T H TE bee Pel Leo 75 189 be TUTE 10 EX i139 5EF d3 SETTLEHFENT
7. Description of the contract you wish to trade For example if we wanted to trade the September 2008 Euro Currency contract we would click the description for that contract Canadian Dollar 8 08 GLOBEX 0 9697 mestiere CC DOLI 1 0 001 Euro zemen k reer 415722 ma ECU 4 40 001 Japanese Yen4 08 GLOBEX 0 9454 mamss7mm 9 i n J B 0 000 This will activate the contract Notice that the background of the contract you selected has turned green If you click the contract description again it will deactivate it If you click Place Order you will be prompted by the standard Order Entry screen er Order Entry ORDER _ Single Order SYMBOL SIDE BU vj QUANTITY ke PRICE OFFSET TYPE DURATION Submit Cancel Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 16 of 35 GENERIC TRADE Futures amp Options You can modify the SIDE Buy or Sell Quantity Price Type and Duration Since this order has defaulted to a MARKET order we must change the Type to LIMIT or STOP before we can input a valid PRICE If you SUBMIT the order the order will be routed and processed Select CANCEL to cancel this order MATRIX PRE ORDER FIELDS At the bottom of the Trading Matrix are four pre order fields You can set up your desired quantity order type Limit Market or Stop and with an active contract the contract background is highlighted green you can click Bu
8. FRIUCE 1314 2T RT 1556 94 BR REWERALGE HRT 114 BTE1 3 m Firetip provides access to every single account statement for your account from the first day you opened the account Every business day regardless of the activity in your account a statement is generated and archived forever on Firetip By default the statements window will open up with your most recent account statement Select a new date to view a different statement SunMonTueWedThu Fri Sat allalla s e z 8 ahio ii 12 a3 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 OK Cancel Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 23 of 35 GENERIC TRADE Futures amp Options ALERTS Configure alerts to let you know when the following values have traded above or below your predefined values e Last price has traded above or below your predetermined price value e Last trade size quantity traded e Time of Last Trade e Change for the day e Daily high or low e Bid or Ask price e Bid or Ask sizes e The current time of day dien Ea s pre eles Operator Trigger Repeat Repeat Amt Emal Status wo pe m DE w 190000 MI 1000 ik Enabled d eeceu a fiw w vw 1 5000 dh Enabled w Gh essu ease r w 2n E Fes glia l gt el O RR i E ec efie wf Dx tancso Cr RN di Disatied we AN av Erea wj Here are some exam
9. Identify if you would like an Alert to keep repeating If you select Repeat then the alert will continue to notify you each time the condition has been met Be careful how you set up the repeat condition because in an active market you could trigger dozens of alerts per second if you do not set up the alert properly 7 If you have selected for the Alert to repeat enter an applicable Repeat value For example if you wish to be notified if the September E Mini S amp P 500 s Last Price goes above 1300 00 and then you wish for the alert to repeat such that every time it increments by another 5 00 you would enter the alert as follows Biese test w s w 130000 500 v dv Enaks oe With this alert you will be notified when the Sept E Mini S amp P 500 trades at 1300 00 The alert will then adjust to 1305 00 so if the Last prices trades at or above 1305 00 it will notify you again and it will continue to increase by 5 00 until you disable or delete the alert 8 There is a checkbox if you wish to be notified via e mail if the alert is triggered You setup your e mail address under the Settings tab of the Firetip s main menu For E Mail notification to work you must enable the general Alert via Email setting Firetip main menu Settings sub menu Settings and then sub menu Alerts and then you can individually set up E Mail notification on Alerts This way if you want to turn off all E mail notification you can turn off the glo
10. by taking the difference between the short Exponential Moving Average EMA and the long EMA The slow or signal line is calculated by taking the Signal EMA of the fast line A histogram is included which calculated the difference between the two lines the fast and signal line MACD Trading Strategy When the fast MACD line crosses the slow Signal line it gives a buy signal Go long and place a protective stop below the latest minor low When the fast line crosses below the slow line it gives a sell signal Go short and consider placing a protective stop above the latest minor high MACD Histogram Buy when the MACD Histogram stops falling and ticks up Place a protective stop below the latest minor low Sell short when MACD Histogram stops rising and ticks down Place protective stop above the latest minor high Second Histogram Strategy When prices rally to a new high but MACD Histogram traces a lower top it creates a bearish divergence time to sell When prices are making new lows but the MACD Histogram traces a more shallow low it creates a bullish divergence time to buy Strategy Disclaimer The indicators included in this charting package are popular and widely accepted trading indicators The strategies outlined above are provided only as an education to the reader and not as trading recommendations There are no guarantees expressed or implied as to any of strategy s accuracy over the short or long term The indicators should be u
11. current workspace Save Workspace As To save your current workspace with a new name Delete Workspace To delete a previously saved workspace Reset Demo Account This option is only available for demonstration accounts This option will remove all of your current fills trades and positions It will reset your cash balance to 50 000 Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page9of 35 GENERIC TRADE Futures amp Options V SETTINGS GENERAL SETTINGS From the main menu select Settings and then the sub menu Settings It will bring up the Firetip general settings page settings General _ Display System Status User Info alerts C Pop up Fill Notification Enable One Click Trading Display Depth Trader Histogram Cancer Apply There are three pages On this page the General setting page are the following options Display System Status If this is checked it will open and display the status of your Firetip connection on the footer of your desktop This will always be visible when the application is opened Pop up Fill Notification This will pop up a window on your screen when one of your orders is filled Disable this feature if you do not want a window to pop up every time you are filled Enable One Click Trading Firetip allows you to place orders literally at a click of your mouse We recommend that you become fa
12. decline and turns up without reaching its lower reference line that is a failure swing It shows that bears are very weak and gives a buy signal 3 Williams 96R Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 29 of 35 GENERIC TRADE Futures amp Options Overbought amp Oversold When prices close near the upper edge of their range Williams 96R reaches its top and becomes overbought When prices close near the bottom of their recent range Williams R falls and becomes oversold Without a major trend in place prices seldom can continue to close at their extreme price range for many bars in a row Therefore when Williams 96R rises above its upper reference line it marks a potential market top and gives a sell signal When Williams 96R falls below its lower reference line it markets a potential market bottom and gives a buy signal When utilizing the overbought oversold oscillator readings it is important to identify the market as being in a trading range Or better yet if you identify the market as being in a bull market it would be prudent to consider buying a temporary oversold condition Vice versa if the market has been in a longer term downtrend selling a short term overbought condition should be considered MOVING AVERAGE CONVERGENCE DIVERGENCE MACD MACD is an advanced indicator constructed by Gerald Appel The MACD has three inputs Short Long and Signal The Fast Line of the MACD is calculated
13. E E ANE 34 Managing Orders from the Advanced Trader ccccsssecccccsssscceeceeseeccceuesecceseeesececeseuesecessuaseceessuaesecesaeuseceeseuaneeessangsses 35 Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page30f35 GENERIC TRADE Futures amp Options l OVERVIEW Firetip is a high speed trader intuitive trading platform Firetip is your gateway to open access electronic markets with coverage of over 100 000 trading instruments at any point in time ll SYSTEM REQUIREMENTS Windows e Intel Pentium III or better e Microsoft Windows Vista Windows XP Windows 2003 and Windows 2000 All versions 32 bit 64 bit Home Professional Server of these operating systems are supported e 512MB of RAM 1GB recommended e 100MB of available hard disk space e High speed internet connection is recommended but not required e 1024x768 minimum screen resolution higher recommended e PowerPC G3 G4 G5 or Intel Processor e MacOSXv10 4 3 to v10 4 9 v10 5 0 and v10 5 1 e 512MB of RAM 1GB recommended e 50MB of available hard disk space e High speed internet connection is recommended but not required Ill FEATURES FIRETIP FEATURES Firetip offers you the trader a number of distinct trading advantages e Enter trades via an order entry form or One Click trading e Instant access to numerous exchange gateways e Trade using the Trading Matrix Advanced Trader or Depth of Market e Monitor real t
14. OLDER The defaults vary according to the location of your Program Files directory You can accept the defaults or specify your own directory Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 5of 35 GENERIC TRADE Futures amp Options Please choose a destination folder for this insfat ation sta F A d l C UNE p Chooi Shortt rade Pra Insiallation Surimary MISES eu Pee al oem Ea TEE LP TIRE EC Where Would You Like to Install C Program Ples Firetizs Restore Default Folder Choose Previous CUSTOMIZE THE INSTALLATION LOCATION OF FIRETIP By default it will install under a new program group called Firetip This is the recommended installation location Where would you like to create product icons i In a new Program Group Pre Installation Summary o in an existing Program Group Accessories instaling E In the Start Menu install Sorriplets e On the Desktop E in the Quick Launch Bar Other Choose E Don t create icons E Create Icons For AB Users Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 60f35 GENERIC TRADE Futures amp Options After selecting the program group click Install to begin the installation process After the installation has completed click Done and Firetip will automatically launch CHECKING FOR UPDATES Each time you launch Firetip it will automat
15. Orders canceled orders will show as CANCEL ORDER Please note that this indicates a cancel request If the exchange sends confirmed out messages for cancelled orders then that cancel order will disappear the instant the order is confirmed out 4 Filled orders filled orders will stay in the order book for 30 seconds after the order is filled You will receive a pop up window when an order is filled unless you turn that setting off under the Settings main menu and all filled orders will remain in the Fill Window From the order book you can manage your existing orders The action buttons for each order are under the Action column In our example above we can CANCEL CXL or MODIFY MOD the two orders CANCEL CXL If you cancel an order the order status will immediately change to PENDING CXL When the cancel request has been received by the exchange the status will change to CANCEL ORDER The exchange will then confirm whether the order was successfully removed from the exchange s book Once the exchange confirms that the order is no longer working the order will disappear from your order book Generally this entire process will happen in less than a second so in most cases you will cancel and order and it will quickly disappear from your order book indicating that the order is no longer working Please note that some exchanges do not send out confirmation cancels and in those situations the order will remain in a CANCEL ORDER state
16. This is a good way to familiarize you with Firetip From the main menu go to File and click on Open Sample Workspace e FIRETIP DEMO ACCOUNT i File Settings Trading wimg 9 z m nonum om m ein na n a e ea li Open Workspace Open Simple Workspace Open Sample Workspace Save Workspace Az imple Save Workspace As Delete Workspace Reset Demo Account Close All Window s Exit ADDING A CONTRACT Etracng Mairi E gp Omme Desgcropion Tick Cina Last E Miri SSP 500 Sure 1287 385 Ni Dow Jonea 908 I odio d Canadien Dolar 308 GLOISEX 3 D sn ac 044 Eure Currency 9 08 GLOGEX 15725 40 DOE dapes en 08 LOSEX me oe 0 9455 40 003 Crude C9 mia ACCESS M 141 72 1 51 Treasury Finite Dyin mmm 114 010 i 2 065 Nee ue darty 10 CF Bm sm woewer v The Trading Matrix is a user customizable quote board that incorporates a various trading methods The first step in the Matrix is to add your popular contracts There are two methods to add contracts e Enter the symbol of the instrument you wish to trade in the text field at the top left of the trading matrix After you type in the symbol hit the enter key Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 13 of 35 GENERIC TRADE Futures amp Options e Click the Add Contract button a and from the contract dialog window select your contract See Addin
17. YOU ARE LOGGED INTO A DEMO OR REAL ACCOUNT If you are logged into a demo account you can easily identify this by the application title FAL E I E RE 1 re j T IRIT x AE dL dM Ed vil Jj C Ci a u I b ET Vi Fil xm c aHimnac Train irmas Halm The Firetip account title will be Firetip Demo Account for demonstration accounts and simply Firetip for real live trading accounts Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 8 of 35 GENERIC TRADE Futures amp Options THE FILE MENU Fil X Settings Trading Window Helt pen Workspace U TT Open Simple Workspace Open Sample Workspace Save Workspace As Favorite Markets ir Save Workspace As Delete Workspace Reset Demo Account Close All Window s Exit From the File menu are the following functions Open Workspace This will bring up a dialog of all of your saved workspaces Select one of your previously saved workspaces that you wish to open Open Simple Workspace The simple workspace comprises of the Trading Matrix and the Order Book You will start with a fresh slate with no contract subscriptions or market data Open Sample Workspace The sample workspace is a preconfigured workspace with subscriptions to popular contracts along with charts and indicators Opening the sample workspace is an easy way to see Firetip in action Save Workspace As workspace name This will allow you to save your
18. bal Alert via Email setting 9 Finally you must Enable the alert if you wish for it to function You can also Disable alerts if you wish to keep them in your workspace but do not necessarily want to delete them ALERT NOTIFICATIONS You will be notified of Alert activities based upon your setting in the Alert tab of the Firetip Settings main menu option You can be alerted e Via a pop up window e By e mail e With audio notification playing a sound If you are notified of an Alert and the Alert is non repeating then it will need to be Enabled again if you desire further notifications Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 25 of 35 GENERIC TRADE Futures amp Options Vil CHARTS INTRODUCTION TO CHARTS Firetip s charts are powerful providing numerous indicators and charting capabilities along with the ability to trade and monitor your positions from the charts ESBU 5 min gi g ti 4 22l ES8U 5 min 00 15 O21250 50 Heiss 1 00 L2 1250 3D C2 1250 75 Vola tig 11 45 j2 38 43 225 1415 15235 DT T200E 17233 41925 19315 2005 2055 2145 22356 2325 00 315 rita oF i49 Show Stochaste 15 3 5 00 15 Sher 3 S094 ADDING A CHART You can open a new chart in two forms 1 Youcan highlight a contract in the Matrix and click the Chart button n 2 You can select the Chart button taal from the Main Menu and select or input the symbol you want to char
19. biased towards the Ask side Of interest will be the first few levels that show the immediate bid size and ask size These are represented by the Blue and Red columns If you click the Blue column Bid Size an order entry dialog will pop up Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 31 of 35 GENERIC TRADE Futures amp Options C3 Order Entry ORDER SYMBOL EN SIDE SELL QUANTITY PRICE 1252 75 OFFSET gl he TYPE Cum Bid Bi 79 DURATION bay m 296 374 422 Submit Cancel If you click the Bid Size your order is placed as a SELL MARKET order If you click the Ask Size your order is placed as a BUY MARKET order The default quantity on the order entry screen is obtained from the Quantity value on the Trading Matrix Therefore you can adjust the Trading Matrix default quantity to set the default for your Depth Trader Clicking without holding any other keys only works on the first rows If you are clicking the 2nd level and on you should use the SHIFT key The assumption here is that you will want to BUY on the Bid when holding the SHIFT key and SELL on the Ask when holding the SHIFT key This is the opposite action of when you do not hold the shift key Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 32 of 35 GENERIC TRADE Futures amp Options IX ADVANCED TRADER
20. ctuate between O and 100 Popular reference lines are drawn at 20 and 80 with the center line at 50 Stochastic shows when bulls or bears become stronger or weaker This information helps you decide whether bulls or bears are likely to win the current fight in the market Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 28 of 35 GENERIC TRADE Futures amp Options There are generally three types of Stochastic trading signals Stochastic Divergences A bullish divergence occurs when prices for a particular market fall to a new low but Stochastic traces a higher bottom than during the previous decline When a bullish divergence occurs this is sign that the sellers are losing the upper hand and it may be time to buy Vice versa a bearish divergence occurs when prices rally to a new swing high but Stochastic traces a lower top than during its previous rally This is a sign that the buyers may be thinning out and it is time to sell Stochastic Overbought amp Oversold When Stochastic rallies above its upper reference line 80 it shows that the market is overbought Overbought means too high ready to turn down When stochastic falls below its lower reference line it shows that the market is oversold Oversold means too low ready to turn up It is very important to note that the Overbought amp Oversold conditions for Stochastics only work well when you have a firm feeling that the market is in a trading range If the mar
21. g Contracts for details on using the Contracts menu REMOVING A CONTRACT Remove a contract by either e Activating the contract clicking its Description or Symbol such that the background color of the contract row turns green indicating the contract is active and then clicking the remove contract button e Activating the contract and then hitting the DELETE key on your keyboard SORTING CONTRACTS You can sort the order of your contracts in the Matrix by clicking and holding the Symbol or Description of the contract you want to move and dragging it up or down the Trading Matrix ADDING A TAB The Trading Matrix can contain multiple quote boards Each quote board is a defined as a Tab The default tab is the Main tab To add an additional tab click the Add Tab button a To delete the tab the active tab that you currently using hit the Delete Tab button 2 To rename an existing tab right click on the tab header and select Rename Tab and type in the new name you wish to use for the tab MIM OOW JONES SUG Canadian Dollar 8 08 GLOBEX y Eure Currency 8 08 GLOBE Japanese Yen 8 08 GLOBE Crude Oil 8 08 ACCESS U Treasury Note 10 yr 8 08 eCBOT Main r Tab Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 14 of 35 GENERIC TRADE Futures amp Options CUSTOMIZE THE MATRIX Click the Matrix Settings button to customize the colum
22. g Power 330 982 39 Short Option Value 0 00 Net Liquidating Value 46 642 39 Dae Position Gly Month Yr Contrai Stike GIP EntyPrice LastPrice Pil Market Value 060108 Long 1 SEP 8 Canadian Dir D3793 S771 5220 00 TMG Sheet 1 SEP IB Eure Currency 15877 15731 887500 AG Short 1 SEP Fura Curr ney 1 SBT 15734 7500 UB Long 1 SEP E Mini Russell 2000 amp 30 80 amp 50 50 340 00 OTB Long 1 SEP Eurex Burd 110 56 1042 21252 The account detail window shows all of your current account balances and positions This screen will reflect all of your trading activity for the day updating dynamically as the market changes The Account Detail window allows you to see either a composite detail of your account or you can drill down to various sub accounts if you are trading on contracts in foreign markets or contracts that settle in different currencies Account Detail Combined Futures Combined Futures Combined Futures U 5 Dollar Regulated gai Euro Secured 3 4 Total Equity 4 Note that if you have no cash balances or positions in the foreign markets then you will not see the sub account as a selection option If you only have U S dollars and trades on U S exchanges then generally you will only see Combined Futures and U S Dollar Regulated which will have the same information Only if you delve into the foreign markets will you see the other sub account selections Firetip su
23. h day near the edge of the recent price range Williams 96R confirms trends and warns of their upcoming reversals Williams R is designed to fluctuate between 0 and 100 percent It equals O when bulls reach the peak of their power and close prices at the top of the range It reaches 100 percent when bears are at the peak of their power and close prices at the bottom of the recent range There are three types of trading signals to be used with Williams R 1 Williams R Divergences When Williams 96R rises above its upper reference line falls and then cannot rise above that line during the next rally it creates a bearish divergence time to sell It Shows that the bulls are losing their power and the market is likely to fall A bullish divergence occurs when Williams 96R falls below its lower reference line rallies and then cannot decline below that line when prices slide again It shows that bears are losing power and a rally is in the offing time to buy 2 Williams R Failure Swings Williams R seldom reverses in the middle of its range Failure swings occur when the Williams R fails to rise above its upper reference line during a rally or fall below its lower reference line during a decline When Williams 96R stops rising in the middle of a rally and turns down without reaching its upper reference line it produces a failure swing This shows that bulls are especially weak and gives a sell signal When Williams 96R stops falling in the middle of a
24. ically check if you have the latest update This process normally takes just a few seconds If an update is not available this checking will generally happen quickly and it is normal for the Checking for updates window to flicker by If a new update is available it is automatically downloaded and installed This process is fast and efficient ensuring that you always have the latest version of the software LOGGING INTO FIRETIP fir tip To log into Firetip simply enter your account number and password If you have difficulty logging into the system you may receive one of the following error messages Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 7 of 35 GENERIC TRADE Futures amp Options e Invalid Account Password Please re enter your account number and password and try again e Login Failed Connection to host failed Your computer is unable to connect with the Firetip server Please check your internet connection to make sure it is still running If your internet connection is fully functional please note that Firetip utilizes TCP Port 443 If you are attempting to use the trading platform behind a corporate or personal firewall you must open up TCP Port 443 to continue Please contact your system Administrator and request that this port be opened so that you may proceed MAIN MENU The Firetip Main menu File Settings Trading indo CEE NETS QR CONFIRM WHETHER
25. ime P amp L and open positions e Real time charting with multiple indicators e Dynamically updating trade and account information e Reliable network infrastructure e Direct news feed Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page4of35 GENERIC TRADE Futures amp Options e Always on fully reliable ready to trade 24 hours a day e Operational for most operating systems Windows Mac and Linux IV GETTING STARTED INSTALLING Firetip can be installed on Windows Mac Linux and Linux variants The installation process for the various operating systems is similar with some slight differences The example below depicts Windows installations After downloading Firetip run the downloaded file vel E Cai InstallAnvwhere will quide you through ihe installation af Firetip Choose install Folder PEN EET TE It is strangly recommended Ihat you quit all programs before zi oss Shortcut FOI continuing with this installation Pre nsislbtior Summary nstabling Click the Mext button to proceed to the next screen you want to 2 ns const change something on a previous screen click ihe Previous button ems DE I ES ER You may cancel this installation at any time by clicking the Cancel bution Cancal Previous After the installation starts click Next to begin the configuration process For most users you can simply select the default configuration properties SELECT THE INSTALLATION F
26. ireless vendors Please contact your wireless vendor for details on the SMS text messaging email address you must use This is a popular method to set up email notification and to be notified if the markets move to certain price levels Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 11 of 35 GENERIC TRADE Futures amp Options ALERTS The Alerts settings page settings General Alert via Popup User Info nets v Alert via Email Email to trader firetip com m Edii Alert via Sound sound to play Notify ox cancel Apply This page is where you configure how you desire to be notified if an Alert that you can configured has been triggered Please see the section Alerts for details on how to set up a price alert Alert via Popup If your alert is triggered a pop up dialog will appear on your desktop Alert via Email You can receive alerts via email Select the email address primary or secondary that you wish to alerts to be sent to Alert via Sound Your computer will play the selected sound if one of your alerts is triggered Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 12 of 35 GENERIC TRADE Futures amp Options VI TRADE SCREENS THE TRADING MATRIX Upon logging into the platform for the first time we recommend opening up a Sample workspace to create a basic workspace with some popular contracts and windows
27. ket is in a trend or establishing a new trend the Stochastic can be overbought or oversold for a significant period of time You do not want to trade against the trend in these situations n nStochastic Line Direction nWhen both Stochastic lines 96K and 96D are headed in the same direction they confirm the short term trend When prices rise and both Stochastic lines rise the uptrend is likely to continue When prices slide and both Stochastic lines fall the short term downtrend is likely to continue RELATIVE STRENGTH Relative Strength Index RSI is an oscillator developed by J Welles Wilder Jr RSI measures the strength of the market by monitoring changes in closing prices It is generally regarded as a leading or coincident indicator never a laggard RSI fluctuates between O and 100 When RSI reaches a peak and turns down it identifies a top When RSI falls and then turns up it identifies a bottom These turns come at different levels in different markets or even in the same market during bull and bear periods Overbought and Oversold levels vary from market to market and from time to time There are no magical levels marking all tops and bottoms the best way to gauge the RSI is to watch it closely and come up with what you feel are the popular levels where RSI tends to peak or bottom WILLIAMS R Williams R is a simple but effective oscillator developed by Larry Williams It measures the capacity of bulls and bears to close prices eac
28. l you ultimately click has changed for a worse price lower price when selling or higher when buying then an order entry dialog window will pop up This applies to BID and ASK cells only This is to protect you from seeing a price on the screen going to grab it and a microsecond before you hit the mouse button the price changes and you inadvertently obtain a price that you did not want This feature is unique to Firetip and protects you from those rare occurrences when markets are moving so rapidly that before you can click the mouse the market has changed for a worse price and you did not intend to trade at that price Note that these protections apply only to BID and ASK If you click BID SIZE or ASK SIZE market orders then you are placing market orders no matter if the market has changed while you are holding the SHIFT key Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 18 of 35 GENERIC TRADE Futures amp Options THE ORDER BOOK From the Trading main menu select Order Book to bring up the Order Book EA Order Book _ Ll Order B S Gy Contract Price Type Action Status epd0Dii177 BUY 1 E Mini SAP 500 818 1278 75 LIMIT CXL MOD VORB 605001194 SELL Japanese Yen SMG GLOBEX 03424 STOP C Mon WORKING The order book will display 1 Transmitting orders orders that are pending delivery to the exchange 2 Working orders orders that are currently working at the exchange 3 Cancelled
29. miliar with Firetip before enabling this feature At its default setting disabled you will always be prompted with an order dialog window when attempting to place an order Therefore the risk of accidentally placing an order in the default state is remote However if you enable One Click trading your trading screen becomes an active order enter window and you can enter and exit markets by simply clicking your mouse without being presented with a confirmation dialog window Display Depth Trader Histogram When opening the depth trader with this box enabled it will automatically open up with a histogram of market depth Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 10 of 35 GENERIC TRADE Futures amp Options USER INFO The User Info settings page MRR m General i Primary Email trader firetip com User Info Alerts Secondary Email 212555121 2 wtext com PE Settings Cances Amy On this page you can enter or update your Primary and Secondary email addresses You can use these email addresses to alert you to various events for example if price alerts are triggered SMS text messages Note that most wireless carriers allow you to send a text message to your cell phone by simply inputting your phone number as an email address Since Firetip s alerts are less than 160 bytes in length our notification services will support virtually all w
30. ns on the Trading Matrix Select Columns E Description L Symbol ia Last v Size ia Change Time C Bid Time v Bid vi Bid Size C Ask Time v Ask v Ask Size v Alert v TickChart v B OK Cancel Select the columns you wish to add or remove and click OK Note that you can also sort the location of the column heading This is a universal function throughout Firetip Click and drag the column headers to move them to your desirable location jw gl 2 0 Place Order m as iy B Description Last lt ickChat Size Change E Mini S amp P 500 9 08 1282 2 Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 15 of 35 GENERIC TRADE Futures amp Options TRADE WITH THE MATRIX Note If you intend to follow along with this documentation while using the Firetip please ensure that you have DISABLED One Click Trading from the Settings page From the main menu Settings Settings and then disable One Click Trading It is also suggested that you set the initial quantity to zero There are a number of methods to place orders with Firetip and in particular with the Trading Matrix USING PLACE ORDER PE To trade using the Place Order button amp Place Order ou need to first select an active contract To select an active contract simply click Symbol or
31. ons Firetip takes an aggressive trader point of view when it comes to trading Therefore as you click the Bid and Ask prices and sizes we are hitting the bids and lifting the offers Since Firetip is designed to quickly and efficiently place your orders we believe that when you desire to sell the bid or buy the ask the time it takes to place your order is most critical since the price you are willing to trade at is the current market price and it can change in any second This is why Firetip takes an aggressor point of view when it comes to placing trades ONE CLICK TRADING AND THE TRADING MATRIX One click trading provides a mechanism for traders to quickly and efficiently enter and exit the markets If you have enabled One Click trading then you can bid the BID BID SIZE ASK or ASK SIZE of any contract WHILE HOLDING THE SHIFT KEY and your order will be submitted WITHOUT a confirmation order screen You must HOLD THE SHIFT KEY for the order to be sent without confirmation This feature unique to Firetip is incorporated for two reasons e t prevents you from accidentally placing an order from clicking your mouse Since most traders are clicking the mouse with one hand and holding the shift key with the other it does not impact the order placement time compared to other non protected one click trading systems e If you press and hold the SHIFT key and during the time you pressed the shift key the market price of the cel
32. ose on the bars A T Chart will show the closing price of the bar but will not show the opening price e Customize Colors You can customize all aspects of your charts from the background bar color indicator color text and pointers Any changes that you make will be saved for future charts if the Make Default option is selected CHART TOOLS Firetip has a number of charting tools e Pointer Select the pointer icon z and choose your favorite mouse pointer e Trendline Grab the pencil P and draw trendlines on the chart to help identify market movements support resistance and various trends You can change the color of the trendline and decide whether you wish to auto LE extend it to the end of the window by modifying its properties by using the Edit Chart icon HN From the Edit Chart window select the Line indicator that you added and modify its properties You can also readjust trendlines by clicking at either end of the line holding the mouse button and dragging the end of the line to a new location e Retracements Graphically display market retracement values For example it is widely believed that the amount of movement the market has retraced before making new highs or lows would indicate the strength of the move If a market rallies retraces only 2596 and then proceeds to make a new high that may indicate much more strength than a market that has retraced 5096 or more before making new highs To draw a retracement
33. ples of how you can use alerts e Alert you when the market has traded above the weekly high e For thinly traded markets it can beep you anytime a trade occurs e Maybe you are interested only in large quantity trades 300 contracts or more at a time set up an alert to monitor those e Perhaps you are interested in selling if the Bid price reaches a certain level Place an alert on the Bid price field and Firetip will notify you e If you are a day trader and want to exit a position before the close set up a current time of day alert for 2 minutes before the market close Firetip will alert you that the market is about the close Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 24 of 35 GENERIC TRADE Futures amp Options ADDING AN ALERT 1 Bring up the alert dialog window You can access this by clicking the Alert icon iy on the main menu bar or the similar icon from the Trading Matrix symbol rows if you have it configured in the column settings it is configured by default 2 Enter a trading instrument You can type in the symbol if you know it or click the Find Symbol button om 3 Select the Field for the Alert 4 Select the operation If you wish to be alerted if the market trades greater than or equal to gt or less than or equal to lt 5 Enter the trigger For a field price for example Last price this would be the market price For Bid or Ask sizes this would be a quantity 6
34. pports dozens of sub accounts in numerous foreign currency denominations Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 21 of 35 GENERIC TRADE Futures amp Options O7 15 12 Fed s Lockhart sees sluggish economy for rest of year O71 15 11 Honduras June coffee exports nee 16 5 pct yrhyr Um 1511 Gumema la Oct Jun 07 08 Coffee Exports 7 4 To 2 962 Ba Urmt 1511 Gustemala Oct Jun 07 08 Coffee Exports 7 4 To 2 962 Ba OFT 1510 southeast Asie Sugarcane Vieather Jul 3 armi 1510 South China Sugarcane VWesther Jui 1 7 01 15 10 Indo China Rice Weather Jul 1 OF 15 10 Lockhart Growth pickup wath high inflation would be defeat armi 16 10 Southeast Asia Cocoa Weather Jul 1 OFT 110 Commodity Research Spot Indices 07 01 1510 Lockhart says concerned with latest inflation readings Firetip comes complete with a rich news feed You will have instant access to thousands of stories and immediate access to time sensitive information such as economic numbers Watch the release of major economic numbers on the same screen as the market See the market s reaction to GDP CPI PPI Unemployment and FOMC reactions real time at your fingertips Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 22 of 35 GENERIC TRADE Futures amp Options STATEMENTS Access all of your account statements right on Firetip i CHE 7 SEF O8 E KIHI 547 400 384 800 A 718 0 CHE 5 SEP gs E BIHI 547
35. recommended that you only enable it when you are familiar with how the Advanced Trader and the rest of the Firetip windows work You can double check this setting by going to the Settings Main menu select the Settings Panel and confirm that Enable One Click Trading is un checked on the General tab To place orders on the Advanced Trader it is similar to the rest of Firetip e Click the first level of the Bid Price to place a SELL order at the Bid price or click the first level of the Ask Price to place a BUY order at the Ask price e Hold the shift key and click on any price on the Bid side and you represent that you want to place a BUY LIMIT order Hold the shift key and click on any price on the Ask side and you represent that you desire to place a SELL LIMIT order e Hold the CTRL key and by default it will place a STOP order e The default order quantity can be selected directly from the Advanced Trader window If you place an order the order will show up automatically in the Orders column of the Advanced Trader This column will represent LIMIT and STOP orders To determine if the order is a limit or stop BLUE quantities in the Order column represent BUYs RED quantities represent SELLs Therefore it is generally logical to assume that if the BLUE quantity is at a price that is at or below the market it is a BUY LIMIT If it is above the market price then it is generally a BUY STOP You should always refer to the Order Book if yo
36. sENERI utures amp Options FIRETIP USER MANUAL All rights reserved This document is confidential and intended solely for the use of the individual or entity to which they are addressed It may only be used in accordance with the terms and agreements established by Generic Trade No part of this document may be modified reproduced stored in a retrieval system or transmitted in any form or by any means electronic mechanical recording or otherwise without the prior written permission of Generic Trade GENERIC TRADE Futures amp Options TABLE OF CONTENTS L OVERVIEW ee 4 il SYSTEM REQUIREMENTS c 4 W FEA TORES ooe 4 FIFGUB ELEU OS E E Oei E EEEE E E A E E E EE uo E E A E 4 APERCOENR Cg qp cena ascents cietceo esa E EE EE 5 le INSTALLING perpenre E E EAEE E neces ee cde ne de eeoameaeue sm saaeeee eee 5 Seleer tne lystall aul On FOUN m 5 Customize the Installation Location of Firetip esses enne ess nnns nennen 6 NCTE CAINS EO X8 p uplcfm c 7 H EO GGG TINT cases asec m 7 VETE
37. sed as a tool to aid you in your trade decision making process Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 30 of 35 GENERIC TRADE Futures amp Options Vill DEPTH TRADER UNDERSTANDING THE DEPTH TRADER You can access the Depth Trader by clicking the Depth Trade icon from the main menu Below is an example of a Depth Trader for the E Mini S amp P 500 Si ESBLI Depth Trader E Mini S amp P 500 8 08 1252 75 E 13 00 Buy Market Sell Market Cum Bid Bid nee Ask Size Cum Ask PE 1252 50 1253 00 276 276 1252 50 1253 25 57 333 125225 1253 5D 60 393 1252 00 1253 75 28 422 1251 75 1254 00 528 The depth trader on Firetip will show you the entire trading book provided by the exchange Currently most electronic exchanges offer five levels of Bid Ask prices while Eurex provides 10 levels of Bid Ask prices The columns of the Depth Trader can be re arranged to best suit your trading needs The Cum Bid and Cum Ask show the cumulative bid and ask size totals In this example from 1251 75 to 1252 50 on the Bid Size there is a total of 509 contracts being bid From 1253 00 to 1254 00 on the Ask side there are 528 being offered Note the Histogram that graphically represents the Bid Ask sizes If the histogram is blue that means that the cumulative size at that level is biased towards the Bid side If the histogram row is red then the cumulative bid at that level is
38. t Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 26 of 35 GENERIC TRADE Futures amp Options CHART FEATURES After opening a chart there are a number of features e Add a new Chart Tab This will create a new chart and a correspond tab to access the chart e Adda new Chart Panel Add another chart on the current tab This way you can look at two or more charts in the same window e Create a spread chart Compare the relationship of two instruments You can specify spread ratios or use the default of 1to 1 e Time Period Select any time period of a minute bar chart If you want a time period other than those available in the drop down then simply type in the time period you want to view You can also view Daily charts or a Tick charts A tick chart creates a new bar every xticks So if you desired an 11 tick bar chart every 11 ticks every 11 trades a new bar chart will be created e Chart Type You can change the type of chart you wish to view Available choices are Line Bar T Chart and Candlestick A line chart will connect a line at the closing value of each time period A bar chart will create a bar representing the high and low for the session It will also show the open if Open Ticks is checked and closing prices This of course assumes that there is enough space between the bars to show these values You may need to zoom in or increase the size of your window if you wish to see the open cl
39. the value that is being averaged the open high low or last closing price and the length or time period of the MA 9 bars 50 bars etc Exponential Moving Averages EMA are similar to simple MAs except they give more weight to the latest data and respond to changes faster than a simple MA The major advantage of the EMA is that it assigns greater weight to the last trading bar and less weight to the oldest data As a trader you are generally more interested in the latest input from the markets since what has transpired recently is usually more valuable than what happened 50 bars ago BOLLINGER BANDS Bollinger Bands popularized by analyst John Bollinger are standard deviation channels The center line of the Bollinger Band is a moving average The top and bottom lines are calculated based upon the standard deviation of the moving average Both inputs are required The length of the moving average and the number of standard deviations you wish to display the channels STOCHASTICS Stochastic is an oscillator popularized by George Lane Stochastic consists of two lines a fast line called 96K and a slow line called 96D Slow Stochastics and Fast Stochastics incorporate both K and 96D The Fast Stochastic is very sensitive to market turns but leads to many whipsaws Some traders therefore prefer the Slow Stochastic which is a little less sensitive to identify market turns but results in less market noise and whipsaws Stochastic is designed to flu
40. u have any questions on the specific order that you have placed Provided by GENERIC TRADE info generictrade COM 1 800 707 2006 Page 34 of 35 GENERIC TRADE Futures amp Options MANAGING ORDERS FROM THE ADVANCED TRADER Once you have an order WORKING and the order is represented in the Orders column you can click hold the click button and drag the order up and down the advanced trader column Let s say for example you have a buy order for 3 contracts at 1 5824 on the Euro Currency and an order to buy 5 at 1 5826 You can drag the quantity of 3 buys at 1 5824 to 1 5826 and the orders column will update to represent that you now have 8 contracts working You can move your orders up and down the Advanced Trader to modify their prices To add more quantity simply trade at that price If we wanted to add 5 more contracts to 1 5826 we could hold the SHIFT key and click the price field of 1 5826 To cancel an order double click the Order that is represented in the Orders column Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 35 of 35
41. x Bund 9 08 Canadian Dir 9 08 Euro Currency 8 08 E Mini Russel 2000 svt E Mini S amp P 500 8 08 Contract 5 E Mini S amp P 500 3 08 10 E HMini S amp P 500 8 08 5 E Mini S amp P 500 S 06 1 Eure Currency 8 08 1 Eurex Bund 5r 1 Canadian Dir 9 08 Buys Sells Mel 1 g 1 1 o 1 3 5 2 1 g 1 40 40 0 PIL 140 00 280 00 2 062 5 340 00 0 00 ms zm oL OF 15 26 37 Orai 15 26 04 OF 15 22 38 Ur 1420 43 Grai 61 10 11 E a 0013 1213 Avg Sell Only contracts that you have actually traded during the day will show up in the lower pane of the Fills Window For those contracts that you have traded you will get a total number of Buys for the current day Sells and a Net position that reflects your Buys Sells for the day adjusted against any open positions in your account from the previous day a true Net position for your account For a detailed list of all open positions see documentation on the Account Detail window Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 20 of 35 GENERIC TRADE Futures amp Options ACCOUNT DETAIL I accourt Detal Combined Futures Combined Futures i Margin Balances Current Cash Balance 48 575 00 Initial Margin 15 560 00 Open Trade Equity 1 332 61 Mainienance Margin 12 585 00 Total Equity 46 642 99 Total Equity 46 642 99 Long Option Valus 0 00 Tradin
42. y or Sell to pre process your order This will bring up an order entry dialog window from which you can fine tune the order or submit it NOTE If you have ENABLED One Click Trading and are pre processing a MARKET order it will automatically be sent without an order entry confirmation window LIMITs and STOPs will always bring up an order entry dialog window since you must specify an exact price but MARKET orders will be submitted without further review if you have ENABLED One Click Trading TRADING DIRECTLY FROM THE MATRIX One of Firetip s greatest assets is being able to trade directly from the Trading Matrix quote board You can trade by clicking the field values for any of the five following values Last Bid Bid Size Ask and Ask Size For example you can click the Last price for the Mini Dow Jones E MINI S amp F SUU uu 1262 25 aee CSL 1 Mini Dow Jones 8 08 E ee f 4 Canadian Dallar OMA 31 ORF i CHNT T Ee 72 1 This will bring up a standard order entry dialog for the Mini Dow Jones If you click any of the four other fields the following actions will occur Bid Sells your default quantity at the Bid price Limit order Bid Size Sells your default quantity at the Market Ask Buys your default quantity at the Ask price Limit order Ask Size Buys your default quantity at the Market Provided by GENERIC TRADE info generictrade com 1 800 707 2006 Page 17 of 35 GENERIC TRADE Futures amp Opti
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