KOSPI 200 Futures - Traders

Hi TIKITRADER,

I want to suggest starting another thread, that covers KOSPI trading via SCT. The purpose of this thread is to get people acquainted with this contract and its specific characteristics.

Regards,
redduke
 
Quote from RedDuke:
___*The purpose of this thread is to get people acquainted with this contract and its specific characteristics.

Regards,
redduke

Thanks RedDuke sounds good. I would like to continue to contribute here with information on the contract everyone can benefit from.
Charts posted were to give a visual for those who may have not seen this instrument, though a plain chart would have been adequate for the purpose of example.

I came across a calender for Korean exchange holidays

http://asianmarketholiday.blogspot.com/2009/11/south-korea-stock-exchange-trading.html

http://www.bank-holidays.com/holidays_2010_710.htm
 
Quote from TIKITRADER:

Thanks RedDuke sounds good. I would like to continue to contribute here with information on the contract everyone can benefit from.
Charts posted were to give a visual for those who may have not seen this instrument, though a plain chart would have been adequate for the purpose of example.

Definitely. Thanks for posting the links.

I am very surprised that there is little talk about this contract. It has been available to US residents for almost 1.5 years now. It is a great instrument, and its time zone allows many people to keep their day jobs while learning how to trade.
 
Quote from TIKITRADER:

Thanks Jack.

Greens represent the cancellation of the formation of a pattern.

This would be the new forming pattern correct ? Then bars involved in the canceled forming pattern become part of the prior pattern.

I also noticed for the first time there is a volume difference at each green.
Is this necessary for green or just happened in this example and has no importance?



http://www.elitetrader.com/vb/attachment.php?s=&postid=2786411
This discussion seems to ignore the information provided by volume, and rely exclusively on price, in spite the fact that this method claims otherwise ... :confused:
 
charts,

hi

Your comments are right on the mark.

This instrument is nearly perfect for trading using market variables.


I didn't figure out what I did to step out of line vis a vis the theme here.

The poiint of looking at any instrument is to take advantage of market 'tells' to be able to take the offer. P,V is really terrific for this instrument and doing the skill progression is very doable.

I was emphasizing making use of the instrument. The timing of trading is very clear.
 
Quote from jack hershey:

charts,

hi

Your comments are right on the mark.

This instrument is nearly perfect for trading using market variables.


I didn't figure out what I did to step out of line vis a vis the theme here.

The point of looking at any instrument is to take advantage of market 'tells' to be able to take the offer. P,V is really terrific for this instrument and doing the skill progression is very doable.

I was emphasizing making use of the instrument. The timing of trading is very clear.
Jack,

It's just that your point of view is not welcomed by this thread's originator because it distracts from his point of interest. Just keep contributing on other threads. No harm done ... :)

I'm sure that the timing of each trade is clear to you, but it would definitely be useful to a beginner and advanced-beginner to see how it is done, how to deal with cancellation, fanning and acceleration, how to stay on the right side of the market, when to make each decision.

It would show the increase in banked points when a beginner graduates to the next level.
 
Quote from charts:

Jack,

It's just that your point of view is not welcome by this thread's originator because it distracts from his point of interest. Just keep contributing on other threads. No harm done ... :)

I'm sure that the timing of each trade is clear to you, but it would definitely be useful to a beginner and advanced-beginner to see how it is done, how to deal with cancellations, fanning and acceleration, how to stay on the right side of the market, when to make each decision.

It would show the increase in banked points when a beginner graduates to the next level.

That's what I thought, too

The timing on this instrument for taking profit segments is telegraphed by the active traders. It is definitely different than US type markets.

I guess doing the calls relative to the flow of the signals from the instrument is the critical path for moving up the knowledge and skills ladder. Profits are the trader's permission slips for adding positions as a consequence of skills.

This was my last post; I don't want anyone worried about the future of the thread. I'll just watch the calls from the OP based on the instrument's characterisitcs.
 
Back
Top