Day & Night trading Derivatives Futures

[maxinger]

@maxinger are there any good books on intermarket correlation ?

Don't have.
Anyway, there are not many books about that.

There are quite a few articles about that.
But those are written by mathematicians.

I wrote something about Intermarket correlations in this Journal.
I tried to search for it but can't find it.

Charting software - get an s/w where you can display
multiple charts & you can sync the cursors.
eg Esignal, Sierrachart.
It is easier to see how / when the markets move in tandem.

 

[Darc]

@maxinger are there any good books on intermarket correlation ?

 

[tony.m]

@Darc thanks, I will have a look.

 

[maxinger]

3 Aug Eur session (after Fitch news)

Again the main movers are the index futures.
Good intermarket correlations among the
Asian, European, and US index futures.

 

[maxinger]

15 Aug
# signals during early Asian session : zero
# signals during early Eur session : 10
movers were Eur index futures, US index futures,
copper, oil, bonds
# signals during early US session : 2


16 Aug Dead market trading

# signals during early Asian session : zero

And the CNBC headline is :
Asia markets fall as bank stocks
retreat under pressure on Wall Street


It should be :
Asia markets died as bulls and bears were dead.

Soon there will be the storm.

 

[maxinger]

28 Aug Asian session

China A50 gapped up 4% due to whatever reasons.
not so good news for the day traders; not many trading opportunities

Such a huge gap is very rare.

Hangseng also gapped up massively by 4%.
___________________________________________
headline news :
China’s Worsening Economic Slowdown Is Rippling Across the Globe

• Asian economies are taking biggest hit to trade so far
• Falling prices in China may help to curb global inflation

Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
_____________________________________________


bad news -----> good for the stock market?

 

[maxinger]

FTSE/XINHUA CHINA A50 Index futures

Lately, it is getting very tame; volatility is shrinking very badly.
There is not much major news from China.


Time to adjust the parameters.

volume : 500V to 350V

Max stop: 30 ticks to 15 ticks

China A50 is getting very agile.
Time to adjust the parameters again.

volume : 500V to 350V to 175V

Max stop: 30 ticks to 15 ticks

 

[tony.m]

@maxinger any tips trading OSE Nikkie Mini ?

 

[maxinger]

@maxinger any tips trading OSE Nikkie Mini ?

mini NK225 from OSE volume looks good.
I used to trade NK225 from SGX.
both are jpy based.

NK225 from SGX
The average day range is OK (400 points or 1.2%).
stop loss - max 10 ticks (one tick = 5 points).
Lately, I don't trade NK225 as I am not able to do intermarket correlation.
It seems like it has its own mind.
Also, I wish NK225 could be more volatile.


Mini NK225 from OSE
I don't have datafeed from OSE.
So can't comment much on it.

 

[Handle123]

Seller of OJ and Cocoa