I use the same software as you so you are right, the seasonal window is not closed ( in 1 month ) but I have been in it for 5 months and this spread basically went nowhere...And I think this WASDE will create a little bullish pressure for rest of the seasonal window...
Out 3/4 of it @ 35.:) I adjusted my target of 30 as price went 2 close times and 31-33 should be considered a support now.
Hi from Porto Vecchio, Corsica.
Off again for 2 weeks vacation on a boat. I may not be able to get internet access most of the trip so I placed hard stop losses on most of my spreads...You never know...I will miss the august WASDE as well but whatever...See you all in 2 weeks.
Just a quick question for those of you who make their bread and butter scalping for a few ticks in the mainstream markets.
What have you witnessed real-time since the hunt has started? Have order books become cleaner? Did a lot of spoofers quit?
Most of the time , nothing. I just monitor them more. This year I also had a couple of trades who started really bad and ended really well so it's not that relevant.
Part of the reason is that I am "deleveraging" before going on vacation again this week end. Also It was kind of a short term breakout "scalp" and the seasonal window is closed for this particular spread I guess. I had a bad feeling right when I entered... I initially had a limit order lower...
Not sure but I guess they simply use, for a given time interval, high of one outright - low of the other as high and low of one - high of the other as low so in any case( last, mid or whatever ) it always looks like that weird range chart.
I have no luck lately...I was working ZS U/X @ 1.75 carry since last week...Yesterday it went to 1.5 carry before going right through my target @ 2.25 inverse intraday...At least the idea was valid it seems...LOL:(
Also my long ZW / Short MW went 2 times within 1 point of my target without...