Day & Night trading Derivatives Futures

[maxinger]

27 May summary

very good day for trading.
lots of good signals

# signals during early Asian session :5
# signals during end Asian / early Eur session : 11
# signals during mid Eur session :7
# signals during end Eur / Early US session : 5

2 to 3 signals / session is considered as quite good.

what moved :
index futures, currencies, hard commodities, bonds
ie almost everything.
no idea about soft food commodities as I have archived those charts.

still no idea why India Nifty moved so much.
Not important to know why it moved but important to know how to trade.

 

[maxinger]

29 May mid Asian review

despite all the US China tension,

Taiwan index, hangseng, simsci, China A50 , Thai SET50 , India Nifty had strong upforce momentum.

interestingly Taiwan index went up aggressively.
max profit $750 / lot ( or $1500 per cme equivalent lot size).
very strange investors/traders/fund managers / algo traders !!!


what is going to happen next? no idea.

even major currencies jpy aud eur gbp were up during asian session.

 

[maxinger]

29 May summary

# signals during early Asian session : 5
# signals during early Eur session : 2
# signals during end Eur / Early US session : 2

mover basically Hangseng.
Next week, it should continue to be a great mover.

Not a good day to trade Eur and US session.
There were quite a few land mines.

 

[maxinger]

How to set TP and SL?

I usually use bracket order to set
TP1, TP2, TP3, SL1, SL2, SL3 levels.

TP1 is set at reward risk ratio of 2:1
TP3 is set very very far away.
Initially SL1 SL2 SL3 would be the same level.

As price move in my favor, I would adjust SL1 or perhaps SL2 to protect some profit / minimise loss.

I wouldn't adjust SL3 unless price has move at least reward risk ratio of 2:1.
when price has moved RR ratio of 2:1, I would move SL3 to entry price.

 

[maxinger]

1 Jun US session

as of now, US index futures are in close wedge formation.

when will it move?
better set upper and lower level alarm.

 

[maxinger]

 

[maxinger]

2 Jun Eur session - D DAY #2

Seems like D day
( Dead Deadly Disastrous Damaging Damn ) started already - ie market hardly move, or famine time

When will market move significantly?

 

[maxinger]

cont ....

OK. Not D day


big movers were index futures
simsci, Hangseng, India Nifty, Dax, US index futures.
currencies aud eur gbp continue to move in tandem with index futures.

despite the deadly virus and riot, market is rather bullish.
Soon NQ might break the record high.

bonds ( and gold) continue to sleep

 

[maxinger]

4 Jun ECB news trading

oops! didn't launch the Italy BTC bond ladder.
that was the major mover.
max profit : 1500 euro / lot in 10 minutes ( at this moment).
what a waste.


hmmm. ECB news impacted Italy so much.


small movers / laggards were
eur gbp dax



bund hardly move.

things might change later.

US session coming up.
NQ - died already. it has zero pulse.

 

[maxinger]

5 Jun Asian session

market very quiet.
perhaps market waiting for NFEC news, or whatever

shorted Hangseng @936a, 24290 ,
reversal down signal.
bought at 24175 (lowest was 24171 !!!), good healthy RR ratio 4:1



straight forward trade.
time to stop trading and do chores /exercise / eat / sleep