On Friday I liked the movement of the EUR / USD A very predictable move
Day & Night trading Derivatives Futures
- Thread starter maxinger
- Start date
right. Some traders use this strategy to trade.
I am sure it is a good strategy.
I don't particularly focus on this strategy.
RBOB. its volatility has been known to be great.
But I put it in my Least Desired Things To Trade List.
There are other easier to earn money things to trade.
Different traders trade differently as we have different
experiences, competencies, preferences and hence we have
different trade plan.
30 Mar asian session
index futures ( and oil) gaped down when market opened.
Where is market heading? up? down? side way?
At this moment, the Australians and Japanese are not making decisive move.
Let's see whether other Asian countries are going to make decisive move or not.
If they don't, then we have to see whether the Europeans are going to make
decisive move or not.
Last Fri, Taiwan and Sgp made quite a decisive move.
gold appears to be in its comfort zone.
index futures ( and oil) gaped down when market opened.
Where is market heading? up? down? side way?
At this moment, the Australians and Japanese are not making decisive move.
Let's see whether other Asian countries are going to make decisive move or not.
If they don't, then we have to see whether the Europeans are going to make
decisive move or not.
Last Fri, Taiwan and Sgp made quite a decisive move.
gold appears to be in its comfort zone.
30 MAR non FREEZING EUR session
What happened so far ...
many index futures went up about 2 hours before eur market opened.
index futures reversed down when eur market opened.
for such market, must stretch profit. ie leave some lots behind for many many
hours. and profit might grow with time ;
occassionally profit might grow exponentially.
today market is very trendy & well behaved. very easy to earn > $1k.
last Fri market was chaotic. very easy to lose $1k.
ok. I have covered last Fri loss.
commodities, currencies, bonds - hmm. trendiness not that great.
Eurex stoxx 50 :
dax :
What happened so far ...
many index futures went up about 2 hours before eur market opened.
index futures reversed down when eur market opened.
for such market, must stretch profit. ie leave some lots behind for many many
hours. and profit might grow with time ;
occassionally profit might grow exponentially.
today market is very trendy & well behaved. very easy to earn > $1k.
last Fri market was chaotic. very easy to lose $1k.
ok. I have covered last Fri loss.
commodities, currencies, bonds - hmm. trendiness not that great.
Eurex stoxx 50 :
dax :
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30 mar FREEZING US session
not much has changed since my last posting.
few weeks ago, NQ daily volume was around 100k.
recently NQ daily volume was around 50k.
and charts still freeze?!?! there was slight improvement
but still not acceptable.
my estimate is when volume drops to 40k, there wouldn't be freezing problem.
luckily I have two charting softwares ( one freeze type, one anti freeze type).
no freezing problem during asian and Eur sessions
not much has changed since my last posting.
few weeks ago, NQ daily volume was around 100k.
recently NQ daily volume was around 50k.
and charts still freeze?!?! there was slight improvement
but still not acceptable.
my estimate is when volume drops to 40k, there wouldn't be freezing problem.
luckily I have two charting softwares ( one freeze type, one anti freeze type).
no freezing problem during asian and Eur sessions
30 MAR ES summary
up @ 1147a
up again @100p
reverse down @213p
down again @309p
up @810p
reverse down @936p
reverse up @949p (limited TP?)
very trendy day. very different from last Fri chaotic day.
OK. time to stop trading.
If everyday is this trendy, traders don't to crack our head analyzing charts.
seems like the FREEZE is over.
up @ 1147a
up again @100p
reverse down @213p
down again @309p
up @810p
reverse down @936p
reverse up @949p (limited TP?)
very trendy day. very different from last Fri chaotic day.
OK. time to stop trading.
If everyday is this trendy, traders don't to crack our head analyzing charts.
seems like the FREEZE is over.
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31 mar Asian market review
overall,
market getting dangerous to trade ;
movement was rather limited, untrendy, chaotic.
crude oil went up decisively.
Gbp and aud went down rapidly at 89 degree gradient. but almost impossible to profit from it.
let's see if the Europeans can make decisive movement.
overall,
market getting dangerous to trade ;
movement was rather limited, untrendy, chaotic.
crude oil went up decisively.
Gbp and aud went down rapidly at 89 degree gradient. but almost impossible to profit from it.
let's see if the Europeans can make decisive movement.
1 Apr early Asian market review
overall, market getting rather dangerous to trade;
- day charts shows most markets moving in range, and day range is decaying
- number of signals decaying with days
- there are landmines here and there
- reward risk ratio could hardly go beyond 4:1.
It could easily go beyond 20:1 few weeks ago
There is no significant news / events / powerful tweet to move the market decisively.
most of the news are the usual, as-expected, nothing unique, nothing outstanding news resulting in undecisive market movement.
gold & oil already went up.
overall, market getting rather dangerous to trade;
- day charts shows most markets moving in range, and day range is decaying
- number of signals decaying with days
- there are landmines here and there
- reward risk ratio could hardly go beyond 4:1.
It could easily go beyond 20:1 few weeks ago
There is no significant news / events / powerful tweet to move the market decisively.
most of the news are the usual, as-expected, nothing unique, nothing outstanding news resulting in undecisive market movement.
gold & oil already went up.
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1 Apr FREEZING SESSION
during mid Asian session (before eur market opened), most asian eur US index futures (and copper) went down
decisively.
so come US session, it might
continue to go down,
reverse up,
or sleep (ie just left with crumbs, skins, bones, insides ).
Only powerful crystal ball can predict the direction.
bonds, currencies (other than Eur) movement was rather limited.
day chart shows most index futures are ranging over the past few days.
high chance charts will freeze again.
already it is FREEZING before US market opens.
during mid Asian session (before eur market opened), most asian eur US index futures (and copper) went down
decisively.
so come US session, it might
continue to go down,
reverse up,
or sleep (ie just left with crumbs, skins, bones, insides ).
Only powerful crystal ball can predict the direction.
bonds, currencies (other than Eur) movement was rather limited.
day chart shows most index futures are ranging over the past few days.
high chance charts will freeze again.
already it is FREEZING before US market opens.
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