Day trading derivatives futures.

[maxinger]

6 May end asian / early Eur session

simsci reversing to go up?
India nifty - movement was rather muted.

The rest of the index futures - no idea where it is going.
It might have found its comfort zone.
Let's see what the Europeans are going to do.
Let's see what's going to happen to dax, Germany bonds

 

[maxinger]

6 May early US session

gold copper oil - already moved.
germany bonds - where is it going?

US Index futures - no idea where it will be going.
seems to me like it is in comfort zone or rather war zone.
but things can change anytime.

 

[maxinger]

7 May summary of signals till early US session

NQ down 809a
Hangseng down 1036a
IN nifty down 1153a

Hangseng NQ China A50 up 222p
Germany fgbx down 223p
gbp down 230p
China A50 NQ reverse down 240p
copper down 310p
Germany fgbx reverse up 340p
Crude oil down 435p
India Nifty down 438p
Dax down 506p

Germany fgbx up again 647p
NQ down again 900p
ES down again 943p
oil down again 945p


Tons and tons of signals during Eur session. It might be the record.
Indeed, the earth is spinning healthily.


Well. I didn't manage to catch > half of these signals.
Those who manage to catch > half of these signals and trade with say 5 CME equivalent lots can easily earn at least 5 digits / figures today.

 

[maxinger]

7 May US session trendiness analysis


ES so so
YM quite ok
RTY very poor
NQ very poor

Nikkei quite good
Hangseng - quite good

 

[maxinger]

8 May Eur session

what happened so far ...
Hang seng, China A50, NQ, copper up. but movement was rather jerky and limited.

Gold day range has been rather poor for the past few days.

is Eur trying to beat the record, and achieve the smallest day range?

 

[maxinger]

8 May US session

what happened so far ....
US index futures already went down during eur session.

Now it is still in small tight range.
will it break out of this range? only time can tell


crude oil - close wedge formation.
inventory news coming up.

high chance Eur might break the record today.
Perhaps time to consider archiving my Eur chart.
I have already archived my Jpy chart.

 

[maxinger]

9 May review

# signals during early Asian session : 8
major movers are Index futures

# signals during end Asian / Early Eur session : 12
major movers are Index futures and perhaps Italy btp and Germany buxl and gold.

is Eur trying to beat the record, and achieve the smallest day range of < 24 ticks?


wonder if there will any meat left for the US session.

Now the earth is spinning healthily.

 

[maxinger]

cont ...
well. there is still some meat for the US session.

US index futures have been going down like SAW TOOTH pattern since Asian session.
The average Pitch of the saw tooth pattern is about 2 hours with about 8 peaks,
8 troughs.
and it will continue this pattern till the descending trend line is broken.
It appears the descending trend line has been broken.


eur - didn't break the record today.

 

[maxinger]

10 May Asian session

Look at how US index futures were moving few minutes ago.
It gives insight as to what is going to happen over the next few hours ;

bulls and bears will be extra violent,
candlesticks will be extra long,
market will be very chaotic,
spread will widen tremendously,
slippage will be high,
charts will definitely freeze for few seconds or even minutes due to very heavy traffic ...

This is the time to seriously consider NOT to trade at all.
very easy to lose money trading such market though the movement will be very huge.
It might take < 1 second to hit your target profit, or your stop.


The way you trade must be very different from your norm.
Anyway I have my plan ready.
My charts layout have been revamped.

 

[Overnight]

10 May Asian session

Look at how US index futures were moving few minutes ago.
It gives insight as to what is going to happen over the next few hours ;

bulls and bears will be extra violent,
candlesticks will be extra long,
market will be very chaotic,
spread will widen tremendously,
slippage will be high,
charts will freeze for few seconds or even minutes due to very heavy traffic ...

No.