Day & Night trading Derivatives Futures

11 Aug US session

main focus : NQ, gold, perhaps Asian & dax index futures.

gold - downtrend started since yesterday US session.
gold went down with multiple waves already

ES - seems to be very lethargic

bonds - already moved
 
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How to trade gold?

due to its recent violent nature,
increase stop loss by 2x (and reduce trading quantity).

glue backside to the trading chair, and eyes to the monitors for hours.
because signal can come anytime.

ladder must be ready and setup bracket order.
when there is signal, hit SELL/BUY MARKET button immediately & rapidly.
never use LIMIT ORDER because it will be too slow.

adjust stop loss as market move in your favor.
RR ratio target around 5. I doubt it can go beyond 10 because
retracement can be very deep.

close position by hitting CLOSE POSITION or BUY/SELL MARKET.

Next few hours, there will surely be lots of trading opportunity.
on average, there is one signal every hour
 
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gold

seems like gold is back to its normal self where
its movement is erratic chaotic messy undecisive even though
its day range could be big.
Time to shrink my gold chart again.
 
day trading futures

trading the appropriate futures is very important to improve the odd of success.


most index futures are highly tradable.....
that include es ym rty
dax fesx
hangseng, Taiwan index, china A50, India Nifty, SET50 ...


hard commodities are great too.
that include
crude oil, copper, natural gas


futures that I'd say quite OK for trading are
- bonds like ZN, ZB, germany bund, ...
- major currencies like eur gbp aud


How about gold ( and silver) ?
despite all the publicity,
I will avoid trading it due to its chaotic movement


futures that I wouldn't touch
- corn, soya, Wheat, lumber, lean hog, Bitcoin, exotic currencies, HO, RBOB ...

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I think there are many more like
Ftse, LT gilt , China Iron ore ....
no comment on these as I don't have those data feed.
 
19 Aug US session


movers were :
asian index futures
hangseng, Thailand SET50, Taiwan index

Past few hours, market hardly move.
sleepers were :
dax es ym rty nq
US & Germany bonds
currency like eur
commodities HG NG oil

Will it move during US session?
Calm before the storm?

gold - movement still untrendy / messy
 
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new product from SGX.
It is Taiwan ftse index futures. volume is picking up.
It also has Taiwan MSCI index futures which will be stopped in 2021.

anyway most of MSCI products from Eurex/HKFE/SGX have zero volume!
what strange MSCI strategy. what are they doing?
 
strange ...

what is happening in Taiwan?
index dropped 5.5%

anyway we will hear the news few days later.
 
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Taiwan index futures

it moved due to TMSC stock.

It might move again during US session.

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cont ...

seems like taiwan index futures will not move.

NQ - straight forward trade.
let's see if it can go to the moon.

upload_2020-8-20_21-57-53.jpeg
 
25 Aug summary

# signals during early Asian session : 4
# signals during early Eur session : 4 ( Fed related news )
# signals during early US session : only 1 ?

ok. time to stop trading and watch Netflix.
not worth the risk trading US session.
 
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