Trade after work -- Trade HSI

[yiehom]

Quote from ET99:
Morning session.

Fantastic ET !
Please show the actual trades. I still have problem entering on retracements rather than actual trends. How do you cope ?

 

[ET99]

Quote from yiehom:

Fantastic ET !
Please show the actual trades. I still have problem entering on retracements rather than actual trends. How do you cope ?

I posted a screen shot from my IB T&S. I kept it up for about 15 minutes.

I really want to talk about concepts first, then move into techniques later on. Specific trades will come later.

At the time being, if you want to talk about specific trades, you are welcome to post yours for discussion.

 

[ET99]

Quote from CFerret:

So, everybody had fun with a 800 point single 5 min bar today?

Here's a 30 second chart of the afternoon session.

<img src="http://elitetrader.com/vb/attachment.php?s=&postid=1763648">

I short right at the top of the 1st 1000 pt drop. I exited with 36 points!!! Go ahead, laugh. I deserve it.

I made a few point on the 800 point run up. Again it was peanuts compared to what was offered.

The final drop was a much better trader.

 

[Trayo]

Quote from ET99:


I short right at the top of the 1st 1000 pt drop. I exited with 36 points!!! Go ahead, laugh. I deserve it.


>>>>Hard not to take 36 points when they show up...

>>>>>Trying to overcome taking profits to quickly myself. Tell myself, "Count to 25, THEN exit"

>>>>>What triggered your short on this one?

 

[ET99]

Quote from Trayo:

Quote from ET99:


I short right at the top of the 1st 1000 pt drop. I exited with 36 points!!! Go ahead, laugh. I deserve it.


>>>>Hard not to take 36 points when they show up...

>>>>>Trying to overcome taking profits to quickly myself. Tell myself, "Count to 25, THEN exit"

>>>>>What triggered your short on this one?

it is difficult to find the exact trade now. I must have done 75 trades since.

Here's a picture I posted earlier. It shows the idea of my entries and exits.

<img src="http://elitetrader.com/vb/attachment.php?s=&postid=1744371">

 

[ET99]

I've been reading your HSI thread. I just had a couple of questions. I live East coast USA and was thinking of trading Asian markets at night.

Do you ever trade the HHI.HK?
What is the difference between the HHI.HK and HSI?

How many HSI contracts do you usually trade at one time?
What is the current price (approx.) of 1 HSI contract?

Thanks.

No, I have never traded the HHI.HK

The HHI spec is here:
http://www.hkex.com.hk/tradinfo/futurescontract/hhifut.htm

the HSI spec is here:
http://www.hkex.com.hk/tradinfo/futurescontract/fut.htm

Margin info:
http://www.hkex.com.hk/tradinfo/futuresmargin/margin.htm

HSI Volume stat:
http://www.hkex.com.hk/futures/statistics/MonthlyStatistics_F_HSI.htm

HHI Volume stat:
http://www.hkex.com.hk/futures/statistics/MonthlyStatistics_F_HHI.htm


I trade between 1 to 3 contracts.

 

[Trayo]

Quote from ET99:

it is difficult to find the exact trade now. I must have done 75 trades since.

Here's a picture I posted earlier. It shows the idea of my entries and exits.

>>>ET, This is very similar to the way I trade.

However, I was impressed by your win/loss ratio as posted on your trade blotters. What kinds of signals are you finding helpful to confirm the entries and and exits that look good on BB chart?

For example, I won't take an entry that is counter to a steep underlying BB channel direction.

 

[Dinolovin]

I used to trade in Chicago (mainly SPDRS, figs, options, and trending) at a group called SDV that eventually got wiped out because of a couple "rogue traders".

Recently I moved back to California where I am recouping my bank roll working in operations for a bank. Now, that I have some extra cash I have been looking to trade but my day job conflicts with the US markets schedule.

Can you refer me to a specific brokerage that offers Asian market products? (HSI, Nikkei)

What's the Margin for remote traders?

Do you recommend trading Asian options?

Thanks!
Dino

 

[kiwi_trader]

IB -- Interactive Brokers

Don't forget SPI (opens an hour earlier than Nk at present), STW and KOSPI.

 

[dozu888]

Quote from Trayo:

Quote from ET99:

it is difficult to find the exact trade now. I must have done 75 trades since.

Here's a picture I posted earlier. It shows the idea of my entries and exits.

>>>ET, This is very similar to the way I trade.

However, I was impressed by your win/loss ratio as posted on your trade blotters. What kinds of signals are you finding helpful to confirm the entries and and exits that look good on BB chart?

For example, I won't take an entry that is counter to a steep underlying BB channel direction.

yeah, that win/loss ratio is real impressive.

you know what they say about something that looks too good to be true.