Day & Night trading Derivatives Futures

tony.m said:
maxinger any thoughts on Crude during Asian session ?
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Once in a while WTI crude oil (and copper, gold ) moves during the Asian session.
It can move with a decent reward-risk ratio of ~3.

For today, crude oil, copper, gold, AUD, and most Asian Index futures moved in tandem
due to yesterday's US CPI data release.

I was wary of today's WTI crude oil movement as Shanghai INE crude oil hardly moved.
 
tony.m said:
@maxinger do you have a set take profit ?
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No way to predict how far the market will go
(if the market moves in my favor).


I usually trade with 3 (or multiple 3) lots.

1st lot - target decent reward risk ratio of 2

3rd lot - hold it for a longer period of time;
The market might move tremendously.

2nd lot - target profit somewhere in between ...
 
tony.m said:
Do you find trading the first 2 hours of different markets better than just trading US markets all night your time ?
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There are 2 major considerations.

1. Trendy market vs choppy market

trendy market - the market moves in a decisive, smooth manner.

Choppy market - the market moves in a jerky spiky choppy undecisive manner.
For such a market, it is very difficult to profit from it.
I don't want to profit from such a market.


If you trade the whole of the US sessions, it doesn't mean the market will be
trendy even though the US is the most powerful economy.


2. concentration
Personally, I find it very difficult to concentrate nonstop for > 2 hours.



Take for example 17 Feb 2021.
China A50 (mid-Asian session)
European bonds like bund, btp (mid-European session)
moved in a trendy manner.
The rest of the markets were rather choppy.
 
I trade the US pre market and open but the time zone differences between Australia and US has stating to impact my sleep. US open is 1:30AM AU time.
 
tony.m said:
I trade the US pre market and open but the time zone differences between Australia and US has stating to impact my sleep. US open is 1:30AM AU time.
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I trade at the end Eur session (1.5 hrs before the US stock market opens).
This is when the Eur and US investors/traders interact.
Nowadays, I rarely trade the US opening session; not worth the wait.

This is something you can consider.
 
13 Mar SVB Bountiful harvest trading

signals so far ...

Asian session.
908a down Taiwan index
1108a up Taiwan index, India nifty, copper. gold
1114a reverse down gold
1147a up India nifty, Thailand SET


European session.
157a down India nifty (but very choppy)
244p down again gold
308p down US index futures
403p down India nifty, Thailand SET, dax, fce, omx, fesx, mib, FESB
420P down copper, oil
440p up gold, bund, BTP, ZB

There was a very massive increase in the number of signals.

Of course, I didn't catch all the signals

The US session is going to be fantastic too.
 
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FESB

Description DJ EURO STOXX BANKS futures
The symbol for IB platform: SX7E

parameters :

volume chart 500V
tick size : 0.05 point
max stop loss : 12 ticks / lot
margin : about Eur 1K / lot
multiplier : 50
contract frequency: quarterly
exchange : Eurex
currency : eur

day range :
during noncrisis days, the day range is horrible.
Lately, it could be as big as 10 points, about 10%
 
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