Day & Night trading Derivatives Futures

27 Nov summary

It was quite a trendy day
ie easy to trade day.

summary of movers :

Index futures :
China A50, India Nifty, Simsci, hangseng
NQ

Commodities :
copper, NG, oil, gold

great sleepers :
dax, bonds


bonds have been sleeping for > 2 weeks.
It might continue to sleep for months.
Time to look out for other more tradable products
and minimize my bond charts.

Perhaps I should explore products from China Exchanges :
DCE Dalian Commodity Exchange
Shanghai Gold Exchange
SHFE Shanghai Futures Exchange INE
ZCE Zhengzhou Commodity Exchange
 
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Just subscribed to OMX Swedish data fees.
It will keep me a little busier.
If I add those China exchanges products,
I will be extremely extremely busy.



Important info for OMXS30 Swedish Index Futures

1 tick = 0.25 points = SEK25 (about US$2.50)

margin requirement ~ US$3K / lot

contract months: every month

chart volume: use 100V

stop-loss : < 10 ticks

expecting day range to be > 15 points for it to be tradable

Lately, there was not much major change in Europe.
So dax, stoxx50, omxs30 ... might not be that great for day trading.
 
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OMXS30 trading

If based on day range > 17 points for it to be tradable,
the number of tradable days is 1 out of 3.

It seems to be quite OK.

for stoxx50, the number of tradable days is around 1 out of 15 ?!?!?!
 
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Iron ore trading

lately day range could be as high as 5%.
typical day range: only 1% ie not that great.


the biggest exchange is Dalian Commodity Exchange DCE

Other exchanges which offers iron ore futures
are CME, SGX, HKFE but their volume is
very low.

Let me try the futures from sgx


product name :
TSI iron ore CFR China (62%Fe fines) index futures
symbol : FEF
Contract size : 100 ton per contract

tick value : US$1 = 0.01 point
min price fluctuation : US$0.01 per ton
margin : $1K

daily volume : ~10K !?!?!

stop loss : 30 - 40 ticks (Bid offer spread is horrible & terrible !!! )

If this is not tradable, I have to trade the DCE product
 
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Iron ore

no point trading iron ore futures through SGX.


Better trade it through Dalian Commodity Exchange.
Products available from DCE :

iron ore
coking coal
metallurgical coke


soya bean #1
soya bean #2
soybean oil
soymeal
corn
corn starch
RBD palm olein
egg
rice

PVC
Polypropylene PP
LLDPE polyethylene
ethylene glycol
ethenylbenzene

fibreboard
blackboard

LPG
________________

As usual, not all are suitable for day trading.


OK. These things will keep me busy.
 
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Sweden omxS30


what's happening to Sweden?


It has been rather trendy.
OK.
enough of trading small quantities of omxs30.
Starting tomorrow, I will increase my trading quantity

strange ...
they have this futures' cash,
and futures' futures.
what strange contracts.
Let me figure it out later.
 
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again Russell 2000
images


The very first futures which I traded years ago.
I remembered trading live, and my heartbeat was !!!!!!!!!
 
DCE

OK. shortlisted these products for further studies :

Iron ore
soybean oil
soymeal (for pigs ? )
RDB palm olein ( intercorrelated with soybean oil?)

PVC
polypropylene PP

for other food futures, better let the farmers and spreaders trade it
 
More things to do ....

Shanghai INE International Energy Exchange
products :
copper cathode
low sulfur fuel oil
TSR 20 rubber
crude oil


seems like one 42" monitor, & five 32" monitors are not sufficient.
There are still 2 spare video ports.
Time to consider hanging some on the wall.
 
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