Day & Night trading Derivatives Futures

[tony.m]

I can't seem to convince my untrained brain to enter where the "Enter Here" is. If you could please share your thinking behind it.

 

[maxinger]

1. China A50 already went down

2. When SET50 opens, it gap down.
So there is a high probability it will go down again
(based on past history, based on SET50 behaviour/personality/characteristics ....)

3. SET50 went down from point 1 to 2.
Then retrace from 2 to 3.

4. After point 3 (price 882.6), be on high alert.
For SET50, my max loss is around 12 to 15 ticks.

5. enter immediately when the price goes to 881.4

6. Place STOP at 882.6 + 2 or 3 ticks = 882.9

7. So, the max loss for this case is 882.9 - 881.4 = 15 ticks

 

[tony.m]

Thanks, very well explained.
One final question.
Out of A and B where would you enter ?

 

[maxinger]

Thanks, very well explained.
One final question.
Out of A and B where would you enter ?

View attachment 325583

I'd choose A with reduced quantity as it is a rather late entry.

For B, the max stop would be > 15 ticks.

 

[tony.m]

I'd choose A with reduced quantity as it is a rather late entry.

For B, the max stop would be > 15 ticks.

Thanks Maxinger, I really appreciate your help.

 

[maxinger]

2024 is coming

The FIRST product to roll over to the 2024 contract is :

Copper cathode futures BC F24-INE from Shanghai INE Exchange.

 

[maxinger]

8 Nov Doomsday trading

# signals during the early Asian session : 2 (MSCI Sgp, Taiwan Index)

# signals during the early European session : 0

 

[maxinger]

NG

seems like this winter might not be that cold.

Anyway, the day range is still very healthy at > 0.1 point ( 3 % ).

 

[maxinger]

Let's see if I were to trade on 16 Nov 23.
What a day.

14 Nov was a significant day.

 

[Concinnity]

Is there any particularly reason you come in and poop on my journal, give one (not very good) reason as to why you think something wont happen and than the opposite of that happens. I give a multitude of logical reasons why something will happen and it does, ask nicely for a response and you give none.

Like is that logical to you? or you just want to troll? I genuinely don't get it.